Rock Hill, 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 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

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Rock Hill $1,283 $1,351 $1,434 $1,469 $1,465 $1,463 $1,448 $1,427 $1,476 $1,443
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Rock Hill
National
Nov 2021
$1,283
$1,596
Mar 2022
$1,351
$1,635
Jul 2022
$1,434
$1,708
Nov 2022
$1,469
$1,726
Mar 2023
$1,465
$1,714
Jul 2023
$1,463
$1,739
Nov 2023
$1,448
$1,733
Mar 2024
$1,427
$1,727
Jul 2024
$1,476
$1,752
Nov 2024
$1,443
$1,748

Rock Hill, South Carolina Average Apartment Rent

Rock Hill, South Carolina Apartment rent ranges

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

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**

Renter occupied housing units 14,682
Owner occupied housing units 15,775

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**

No bedrooms 821
1 bed 2,645
2 beds 7,013
3 beds 3,781
4 beds 375

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**

15 - 24 years 1,776
25 - 34 years 4,641
35 - 44 years 2,091
45 - 54 years 2,143
55 - 59 years 1,051
60 - 64 years 1,007
65 - 74 years 1,133
75 - 84 years 445
85 years and over 395

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**

Family households 6,538
Non-Family Households 8,144

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

With related children of the householder under 18 3,866
No related children of the householder under 18 10,816

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**

Less than high school graduate 1,539
High school graduate (including equivalency) 3,290
Some college or associate's degree 6,017
Bachelor's degree or higher 3,836

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**

Built 2010 - 2019 2,661
Built 2000 - 2009 2,910
Built 1990 - 1999 2,935
Built 1980 - 1989 1,374
Built 1970 - 1979 1,743
Built 1960 - 1969 1,062
Built 1950 - 1959 1,040
Built 1940 - 1949 176
Built 1939 or earlier 760

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**

Moved in 2021 or later 903
Moved in 2018 to 2020 5,752
Moved in 2010 to 2017 6,362
Moved in 2000 to 2009 1,078
Moved in 1990 to 1999 229
Moved in 1989 or earlier 358

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**

No vehicle available 1,482
1 vehicle available 7,611
2 vehicles available 4,398
3 vehicles available 994
4 or more vehicles available 197

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**

Car, truck, or van - drove alone 12,643
Car, truck, or van - carpooled 2,047
Public transportation (excluding taxicab) 148
Walked 610
Taxicab, motorcycle, bicycle, or other means 301
Worked at home 1,011

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

Same house as 1 year ago 23,768
Moved within same county 3,276
Moved from different county within same state 1,913
Moved from different state 2,251
Moved from abroad 251

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

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