Seabrook Island, 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 Seabrook Island, South Carolina rental market.
Seabrook Island, South Carolina
Average Apartment Rent
$1,993
Y-o-Y Change in Average
Apartment Rent
-1.2%
As of November 2024
Compared to a year ago, Seabrook Island, South Carolina apartments have recorded a -1.2% rent decrease.
Seabrook Island, South Carolina Average apartment rent trend
Seabrook Island, South Carolina Average Apartment Rent
Seabrook Island, South Carolina Apartment rent ranges
At 67.66%, apartments priced $1,500 - $2,000 represent the bulk of Seabrook Island, South Carolina rentals, while condos priced Over $2,000 hold the lowest share of the market – 32.34%.
Seabrook Island, South Carolina Housing tenure**
Renters take up 6% of Seabrook Island, South Carolina real estate, occupying a total of 71 units, while homeowners live in 1,121 properties.
Median number of rooms of renter-occupied housing units**
4.4
Average household size of renter-occupied housing units**
1.51
Rental vacancy rate**
32.5%
Seabrook Island, South Carolina Renter-occupied housing units by no. of bedrooms**
There are 31 rentals in Seabrook Island, South Carolina with 3 beds making up the highest share of the market, at 44%. Units with 1 bed, on the other hand, hold the lowest percentage (7%), amounting to 5 units. Overall, the median number of rooms in Seabrook Island, South Carolina homes for rent is 4.4.
Seabrook Island, South Carolina Renter-occupied units by age of householder**
Most condos for rent in Seabrook Island, South Carolina are occupied by residents in the 45 - 54 years age group (31%), followed by those in the 65 - 74 years age group (21%). At the same time, people in the 25 - 34 years age group make up the lowest share of the local rental market – 6%.
Seabrook Island, South Carolina Renter-occupied housing units by family type**
Seabrook Island, South Carolina Renter-occupied housing units by the presence of own children**
Seabrook Island, South Carolina Renter-occupied housing units by educational attainment**
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 Seabrook Island, South Carolina.
Seabrook Island, South Carolina Renter-occupied units by year structure built**
The highest share of Seabrook Island, South Carolina apartment rentals, namely 56% or 40 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (30%, 21 units), and the ones Built 1970 - 1979 (7%, 5 units).
Seabrook Island, South Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Seabrook Island, South Carolina renters (61%) moved in 2018 to 2020, while only 7% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Seabrook Island, South Carolina condos for rent is 2019.
Seabrook Island, South Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 63% of Seabrook Island, South Carolina renters have 2 or more vehicles available per household, while 37% of them have 1 vehicle available.
Seabrook Island, South Carolina Means of transportation to work of householders living in renter-occupied housing units**
Seabrook Island, South Carolina Geographical mobility in the past year for householders living in renter-occupied housing units**
Seabrook Island, 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 Seabrook Island, 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