Rock Hill, 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 Rock Hill, South Carolina rental market.
Rock Hill, South Carolina
Average Apartment Rent
$1,443
Y-o-Y Change in Average
Apartment Rent
-0.3%
As of November 2024
Compared to a year ago, Rock Hill, South Carolina apartments have recorded a -0.3% rent decrease.
Rock Hill, South Carolina Average apartment rent trend
Rock Hill, South Carolina Average Apartment Rent
Rock Hill, South Carolina Apartment rent ranges
At 70.23%, apartments priced $1,000 - $1,500 represent the bulk of Rock Hill, South Carolina rentals, while condos priced $700 - $1000 hold the lowest share of the market – 1.61%.
Rock Hill, South Carolina Housing tenure**
Renters take up 48% of Rock Hill, South Carolina real estate, occupying a total of 14,682 units, while homeowners live in 15,775 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$44,978
Average household size of renter-occupied housing units**
2.17
Rental vacancy rate**
4.2%
Rock Hill, South Carolina Renter-occupied housing units by no. of bedrooms**
There are 7,013 rentals in Rock Hill, South Carolina with 2 beds making up the highest share of the market, at 48%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 375 units. Overall, the median number of rooms in Rock Hill, South Carolina homes for rent is 4.1.
Rock Hill, South Carolina Renter-occupied units by age of householder**
Most condos for rent in Rock Hill, South Carolina are occupied by residents in the 25 - 34 years age group (32%), followed by those in the 45 - 54 years age group (15%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 3%.
Rock Hill, South Carolina Renter-occupied housing units by family type**
Rock Hill, South Carolina Renter-occupied housing units by the presence of own children**
A total of 6,538 apartments for rent in Rock Hill, South Carolina, or 45% of all rentals are family households. Additionally, 26% of rental homes include children under the age of 18 – that’s 3,866 units. All in all, the median size of a renter-occupied household in Rock Hill, South Carolina is 2.17.
Rock Hill, South Carolina Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 26% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Rock Hill, South Carolina.
Rock Hill, South Carolina Renter-occupied units by year structure built**
The highest share of Rock Hill, South Carolina apartment rentals, namely 20% or 2,935 units, were Built 1990 - 1999, followed by those Built 2000 - 2009 (20%, 2,910 units), and the ones Built 2010 - 2019 (18%, 2,661 units).
Rock Hill, South Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Rock Hill, South Carolina renters (43%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Rock Hill, South Carolina condos for rent is 2017.
Rock Hill, South Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 52% of Rock Hill, South Carolina renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 10% have No vehicle available.
Rock Hill, South Carolina Means of transportation to work of householders living in renter-occupied housing units**
Rock Hill, South Carolina Geographical mobility in the past year for householders living in renter-occupied housing units**
Rock Hill, 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 Rock Hill, 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