Lyman, South Carolina Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Lyman, South Carolina rental market.

Lyman, South Carolina

Average Apartment Rent

$1,331

Y-o-Y Change in Average
Apartment Rent

-0.2%

As of November 2024

Compared to a year ago, Lyman, South Carolina apartments have recorded a -0.2% rent decrease.

Lyman, South Carolina Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Lyman $1,145 $1,231 $1,266 $1,289 $1,313 $1,310 $1,334 $1,274 $1,320 $1,331
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Lyman
National
Nov 2021
$1,145
$1,596
Mar 2022
$1,231
$1,635
Jul 2022
$1,266
$1,708
Nov 2022
$1,289
$1,726
Mar 2023
$1,313
$1,714
Jul 2023
$1,310
$1,739
Nov 2023
$1,334
$1,733
Mar 2024
$1,274
$1,727
Jul 2024
$1,320
$1,752
Nov 2024
$1,331
$1,748

Lyman, South Carolina Average Apartment Rent

Lyman, South Carolina Apartment rent ranges

Under $500
$500 - $700
$700 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 86.3%, apartments priced $1,000 - $1,500 represent the bulk of Lyman, South Carolina rentals, while condos priced $700 - $1000 hold the lowest share of the market – 3.39%.

Lyman, South Carolina Housing tenure**

Renter occupied housing units 191
Owner occupied housing units 1,955

Renters take up 9% of Lyman, South Carolina real estate, occupying a total of 191 units, while homeowners live in 1,955 properties.

Median number of rooms of renter-occupied housing units**

5

Renter median household income**

$54,020

Average household size of renter-occupied housing units**

3.28

Lyman, South Carolina Renter-occupied housing units by no. of bedrooms**

2 beds 101
3 beds 67
5 or more beds 23

There are 101 rentals in Lyman, South Carolina with 2 beds making up the highest share of the market, at 53%. Units with 5 or more beds, on the other hand, hold the lowest percentage (12%), amounting to 23 units. Overall, the median number of rooms in Lyman, South Carolina homes for rent is 5.

Lyman, South Carolina Renter-occupied units by age of householder**

15 - 24 years 9
25 - 34 years 45
35 - 44 years 20
45 - 54 years 95
55 - 59 years 22

Most condos for rent in Lyman, South Carolina are occupied by residents in the 45 - 54 years age group (50%), followed by those in the 25 - 34 years age group (24%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 5%.

Lyman, South Carolina Renter-occupied housing units by family type**

Family households 160
Non-Family Households 31

Lyman, South Carolina Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 65
No related children of the householder under 18 126

A total of 160 apartments for rent in Lyman, South Carolina, or 84% of all rentals are family households. Additionally, 34% of rental homes include children under the age of 18 – that’s 65 units. All in all, the median size of a renter-occupied household in Lyman, South Carolina is 3.28.

Lyman, South Carolina Renter-occupied housing units by educational attainment**

Less than high school graduate 104
Some college or associate's degree 65
Bachelor's degree or higher 22

In terms of education, renters holding bachelor degrees or higher make up 12% of the rental market. In contrast, residents with less than a high school degree reside in 54% of the homes for rent in Lyman, South Carolina.

Lyman, South Carolina Renter-occupied units by year structure built**

Built 2010 - 2019 23
Built 1970 - 1979 101
Built 1960 - 1969 58
Built 1940 - 1949 9

The highest share of Lyman, South Carolina apartment rentals, namely 53% or 101 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (30%, 58 units), and the ones Built 2010 - 2019 (12%, 23 units).

Lyman, South Carolina Renter-occupied units by year householder moved in**

Moved in 2021 or later 9
Moved in 2018 to 2020 23
Moved in 2010 to 2017 159

Median year renter moved into unit 2015

Most Lyman, South Carolina renters (83%) moved in 2010 to 2017, while only 5% of them moved in 2021 or later. Overall, the median year renters have occupied their Lyman, South Carolina condos for rent is 2015.

Lyman, South Carolina Renter-occupied housing units by vehicles available**

1 vehicle available 44
2 vehicles available 67
3 vehicles available 57
4 or more vehicles available 23

When it comes to transportation options, 35% of Lyman, South Carolina renters have 2 vehicles available per household, 30% of them have 3 vehicles available, and 23% have 1 vehicle available.

Lyman, South Carolina Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 244
Car, truck, or van - carpooled 180
Worked at home 9

Lyman, South Carolina Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 421
Moved within same county 205

Lyman, South Carolina Average apartment rent by zip codes


The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Lyman, South Carolina apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

Check out rentals available in Lyman, South Carolina