Lake Murray Of Richland, 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 Lake Murray Of Richland, South Carolina rental market.

Lake Murray Of Richland, South Carolina

Average Apartment Rent

$1,678

Y-o-Y Change in Average
Apartment Rent

-2.1%

As of May 2026

Compared to a year ago, Lake Murray Of Richland, South Carolina apartments have recorded a -2.1% rent decrease.

Lake Murray Of Richland, South Carolina Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Lake Murray of Richland $1,625 $1,632 $1,659 $1,649 $1,680 $1,675 $1,744 $1,659 $1,635
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Lake Murray of Richland
National
Jul 2023
$1,625
$1,741
Nov 2023
$1,632
$1,732
Mar 2024
$1,659
$1,736
Jul 2024
$1,649
$1,756
Nov 2024
$1,680
$1,749
Mar 2025
$1,675
$1,755
Jul 2025
$1,744
$1,767
Nov 2025
$1,659
$1,753
Mar 2026
$1,635
$1,750

Lake Murray Of Richland, South Carolina Average Apartment Rent

Lake Murray Of Richland, South Carolina Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 49.26%, apartments priced $1,500 - $2,000 represent the bulk of Lake Murray Of Richland, South Carolina rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 2.09%.

Lake Murray Of Richland, South Carolina Housing tenure**

Renter occupied housing units 467
Owner occupied housing units 2,399

Renters take up 16% of Lake Murray Of Richland, South Carolina real estate, occupying a total of 467 units, while homeowners live in 2,399 properties.

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

3.9

Renter median household income**

$85,021

Average household size of renter-occupied housing units**

2.27

Lake Murray Of Richland, South Carolina Renter-occupied housing units by no. of bedrooms**

1 bed 141
2 beds 214
3 beds 112

There are 214 rentals in Lake Murray Of Richland, South Carolina with 2 beds making up the highest share of the market, at 46%. Units with 3 beds, on the other hand, hold the lowest percentage (24%), amounting to 112 units. Overall, the median number of rooms in Lake Murray Of Richland, South Carolina homes for rent is 3.9.

Lake Murray Of Richland, South Carolina Renter-occupied units by age of householder**

25 - 34 years 183
35 - 44 years 20
45 - 54 years 88
55 - 59 years 33
60 - 64 years 41
65 - 74 years 67
85 years and over 35

Most condos for rent in Lake Murray Of Richland, South Carolina are occupied by residents in the 25 - 34 years age group (39%), followed by those in the 45 - 54 years age group (19%). At the same time, people in the 35 - 44 years age group make up the lowest share of the local rental market – 4%.

Lake Murray Of Richland, South Carolina Renter-occupied housing units by family type**

Family households 245
Non-Family Households 222

Lake Murray Of Richland, South Carolina Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 130
No related children of the householder under 18 337

A total of 245 apartments for rent in Lake Murray Of Richland, South Carolina, or 52% of all rentals are family households. Additionally, 28% of rental homes include children under the age of 18 – that’s 130 units. All in all, the median size of a renter-occupied household in Lake Murray Of Richland, South Carolina is 2.27.

Lake Murray Of Richland, South Carolina Renter-occupied housing units by educational attainment**

Some college or associate's degree 205
Bachelor's degree or higher 262

In terms of education, renters holding bachelor degrees or higher make up 56% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Lake Murray Of Richland, South Carolina.

Lake Murray Of Richland, South Carolina Renter-occupied units by year structure built**

Built 2010 - 2019 345
Built 2000 - 2009 67
Built 1990 - 1999 20
Built 1970 - 1979 35

The highest share of Lake Murray Of Richland, South Carolina apartment rentals, namely 74% or 345 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (14%, 67 units), and the ones Built 1970 - 1979 (7%, 35 units).

Lake Murray Of Richland, South Carolina Renter-occupied units by year householder moved in**

Moved in 2021 or later 59
Moved in 2018 to 2020 209
Moved in 2010 to 2017 164
Moved in 2000 to 2009 35

Median year renter moved into unit 2018

Most Lake Murray Of Richland, South Carolina renters (45%) moved in 2018 to 2020, while only 7% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Lake Murray Of Richland, South Carolina condos for rent is 2018.

Lake Murray Of Richland, South Carolina Renter-occupied housing units by vehicles available**

No vehicle available 35
1 vehicle available 157
2 vehicles available 260
3 or more vehicles available 15

When it comes to transportation options, 56% of Lake Murray Of Richland, South Carolina renters have 2 vehicles available per household, 34% of them have 1 vehicle available, and 7% have No vehicle available.

Lake Murray Of Richland, South Carolina Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 246
Car, truck, or van - carpooled 59
Worked at home 33

Lake Murray Of Richland, South Carolina Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 579
Moved within same county 66
Moved from different county within same state 332
Moved from different state 85

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 Lake Murray Of Richland, 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 Lake Murray Of Richland, South Carolina