Moncks Corner, South Carolina Rental Market Trends
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 Moncks Corner, South Carolina rental market.
Moncks Corner, South Carolina
Average Apartment Rent
$1,822
Y-o-Y Change in Average
Apartment Rent
35.4%
As of November 2024
Compared to a year ago, Moncks Corner, South Carolina apartments have recorded a 35.4% rent increase.
Moncks Corner, South Carolina Average apartment rent trend
Moncks Corner, South Carolina Average Apartment Rent
Moncks Corner, South Carolina Apartment rent ranges
At 38.14%, apartments priced $1,500 - $2,000 represent the bulk of Moncks Corner, South Carolina rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 30.82%.
Moncks Corner, South Carolina Housing tenure**
Renters take up 23% of Moncks Corner, South Carolina real estate, occupying a total of 1,132 units, while homeowners live in 3,732 properties.
Median number of rooms of renter-occupied housing units**
4.9
Renter median household income**
$46,552
Average household size of renter-occupied housing units**
2.35
Rental vacancy rate**
2.9%
Moncks Corner, South Carolina Renter-occupied housing units by no. of bedrooms**
There are 483 rentals in Moncks Corner, South Carolina with 3 beds making up the highest share of the market, at 43%. Units with 5 or more beds, on the other hand, hold the lowest percentage (4%), amounting to 44 units. Overall, the median number of rooms in Moncks Corner, South Carolina homes for rent is 4.9.
Moncks Corner, South Carolina Renter-occupied units by age of householder**
Most condos for rent in Moncks Corner, South Carolina are occupied by residents in the 45 - 54 years age group (29%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.
Moncks Corner, South Carolina Renter-occupied housing units by family type**
Moncks Corner, South Carolina Renter-occupied housing units by the presence of own children**
A total of 806 apartments for rent in Moncks Corner, South Carolina, or 71% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 349 units. All in all, the median size of a renter-occupied household in Moncks Corner, South Carolina is 2.35.
Moncks Corner, South Carolina Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 19% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Moncks Corner, South Carolina.
Moncks Corner, South Carolina Renter-occupied units by year structure built**
The highest share of Moncks Corner, South Carolina apartment rentals, namely 24% or 274 units, were Built 2010 - 2019, followed by those Built 1980 - 1989 (18%, 207 units), and the ones Built 1990 - 1999 (18%, 201 units).
Moncks Corner, South Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Moncks Corner, South Carolina renters (36%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Moncks Corner, South Carolina condos for rent is 2016.
Moncks Corner, South Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 56% of Moncks Corner, South Carolina renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 7% have 4 or more vehicles available.
Moncks Corner, South Carolina Means of transportation to work of householders living in renter-occupied housing units**
Moncks Corner, South Carolina Geographical mobility in the past year for householders living in renter-occupied housing units**
Moncks Corner, 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 Moncks Corner, 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