Pine Ridge, 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 Pine Ridge, South Carolina rental market.

Pine Ridge, South Carolina

Average Apartment Rent

$1,490

Y-o-Y Change in Average
Apartment Rent

1.3%

As of November 2024

Compared to a year ago, Pine Ridge, South Carolina apartments have recorded a 1.3% rent increase.

Pine Ridge, 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
Pine Ridge $1,471 $1,353 $1,523 $1,498 $1,496 $1,473 $1,471 $1,345 $1,431 $1,490
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Pine Ridge
National
Nov 2021
$1,471
$1,596
Mar 2022
$1,353
$1,635
Jul 2022
$1,523
$1,708
Nov 2022
$1,498
$1,726
Mar 2023
$1,496
$1,714
Jul 2023
$1,473
$1,739
Nov 2023
$1,471
$1,733
Mar 2024
$1,345
$1,727
Jul 2024
$1,431
$1,752
Nov 2024
$1,490
$1,748

Pine Ridge, South Carolina Average Apartment Rent

Pine Ridge, South Carolina Apartment rent ranges

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

At 84.11%, apartments priced $1,000 - $1,500 represent the bulk of Pine Ridge, South Carolina rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 15.89%.

Pine Ridge, South Carolina Housing tenure**

Renter occupied housing units 172
Owner occupied housing units 884

Renters take up 16% of Pine Ridge, South Carolina real estate, occupying a total of 172 units, while homeowners live in 884 properties.

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

5.5

Renter median household income**

$43,929

Average household size of renter-occupied housing units**

3.44

Rental vacancy rate**

6.5%

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

2 beds 20
3 beds 123
4 beds 29

There are 123 rentals in Pine Ridge, South Carolina with 3 beds making up the highest share of the market, at 72%. Units with 2 beds, on the other hand, hold the lowest percentage (12%), amounting to 20 units. Overall, the median number of rooms in Pine Ridge, South Carolina homes for rent is 5.5.

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

15 - 24 years 29
25 - 34 years 90
35 - 44 years 31
45 - 54 years 8
65 - 74 years 14

Most condos for rent in Pine Ridge, South Carolina are occupied by residents in the 25 - 34 years age group (52%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 45 - 54 years age group make up the lowest share of the local rental market – 5%.

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

Family households 133
Non-Family Households 39

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

With related children of the householder under 18 133
No related children of the householder under 18 39

A total of 133 apartments for rent in Pine Ridge, South Carolina, or 77% of all rentals are family households. Additionally, 77% of rental homes include children under the age of 18 – that’s 133 units. All in all, the median size of a renter-occupied household in Pine Ridge, South Carolina is 3.44.

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

Less than high school graduate 38
High school graduate (including equivalency) 25
Some college or associate's degree 99
Bachelor's degree or higher 10

In terms of education, renters holding bachelor degrees or higher make up 6% of the rental market. In contrast, residents with less than a high school degree reside in 22% of the homes for rent in Pine Ridge, South Carolina.

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

Built 2010 - 2019 50
Built 1990 - 1999 29
Built 1980 - 1989 18
Built 1970 - 1979 23
Built 1960 - 1969 38
Built 1950 - 1959 14

The highest share of Pine Ridge, South Carolina apartment rentals, namely 29% or 50 units, were Built 2010 - 2019, followed by those Built 1960 - 1969 (22%, 38 units), and the ones Built 1990 - 1999 (17%, 29 units).

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

Moved in 2021 or later 21
Moved in 2018 to 2020 39
Moved in 2010 to 2017 110
Moved in 2000 to 2009 2

Median year renter moved into unit 2016

Most Pine Ridge, South Carolina renters (64%) moved in 2010 to 2017, while only 1% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Pine Ridge, South Carolina condos for rent is 2016.

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

No vehicle available 25
1 vehicle available 31
2 vehicles available 93
3 or more vehicles available 23

When it comes to transportation options, 54% of Pine Ridge, South Carolina renters have 2 vehicles available per household, 18% of them have 1 vehicle available, and 15% have No vehicle available.

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

Car, truck, or van - drove alone 175
Car, truck, or van - carpooled 29

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

Same house as 1 year ago 542
Moved within same county 25
Moved from different county within same state 6

Pine Ridge, 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 Pine Ridge, 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

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