Socastee, 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 Socastee, South Carolina rental market.

Socastee, South Carolina

Average Apartment Rent

$1,495

Y-o-Y Change in Average
Apartment Rent

1%

As of May 2026

Compared to a year ago, Socastee, South Carolina apartments have recorded a 1% rent increase.

Socastee, 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
Socastee $1,428 $1,384 $1,404 $1,484 $1,472 $1,429 $1,489 $1,501 $1,491
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Socastee
National
Jul 2023
$1,428
$1,741
Nov 2023
$1,384
$1,732
Mar 2024
$1,404
$1,736
Jul 2024
$1,484
$1,756
Nov 2024
$1,472
$1,749
Mar 2025
$1,429
$1,755
Jul 2025
$1,489
$1,767
Nov 2025
$1,501
$1,753
Mar 2026
$1,491
$1,750

Socastee, South Carolina Average Apartment Rent

Socastee, 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 62.22%, apartments priced $1,000 - $1,500 represent the bulk of Socastee, South Carolina rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.96%.

Socastee, South Carolina Housing tenure**

Renter occupied housing units 2,960
Owner occupied housing units 5,858

Renters take up 34% of Socastee, South Carolina real estate, occupying a total of 2,960 units, while homeowners live in 5,858 properties.

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

4.7

Renter median household income**

$46,933

Average household size of renter-occupied housing units**

2.95

Rental vacancy rate**

6.4%

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

No bedrooms 122
1 bed 442
2 beds 1,010
3 beds 1,116
4 beds 232
5 or more beds 38

There are 1,116 rentals in Socastee, South Carolina with 3 beds making up the highest share of the market, at 38%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 38 units. Overall, the median number of rooms in Socastee, South Carolina homes for rent is 4.7.

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

15 - 24 years 54
25 - 34 years 730
35 - 44 years 522
45 - 54 years 507
55 - 59 years 188
60 - 64 years 269
65 - 74 years 423
75 - 84 years 182
85 years and over 85

Most condos for rent in Socastee, South Carolina are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.

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

Family households 1,684
Non-Family Households 1,276

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

With related children of the householder under 18 758
No related children of the householder under 18 2,202

A total of 1,684 apartments for rent in Socastee, South Carolina, or 57% of all rentals are family households. Additionally, 26% of rental homes include children under the age of 18 – that’s 758 units. All in all, the median size of a renter-occupied household in Socastee, South Carolina is 2.95.

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

Less than high school graduate 374
High school graduate (including equivalency) 765
Some college or associate's degree 1,412
Bachelor's degree or higher 409

In terms of education, renters holding bachelor degrees or higher make up 14% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Socastee, South Carolina.

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

Built 2010 - 2019 335
Built 2000 - 2009 424
Built 1990 - 1999 1,063
Built 1980 - 1989 504
Built 1970 - 1979 553
Built 1950 - 1959 42
Built 1939 or earlier 39

The highest share of Socastee, South Carolina apartment rentals, namely 36% or 1,063 units, were Built 1990 - 1999, followed by those Built 1970 - 1979 (19%, 553 units), and the ones Built 1980 - 1989 (17%, 504 units).

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

Moved in 2021 or later 240
Moved in 2018 to 2020 842
Moved in 2010 to 2017 1,495
Moved in 2000 to 2009 383

Median year renter moved into unit 2016

Most Socastee, South Carolina renters (51%) moved in 2010 to 2017, while only 8% of them moved in 2021 or later. Overall, the median year renters have occupied their Socastee, South Carolina condos for rent is 2016.

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

No vehicle available 259
1 vehicle available 1,141
2 vehicles available 1,246
3 vehicles available 140
4 vehicles available 74
5 or more vehicles available 100

When it comes to transportation options, 42% of Socastee, South Carolina renters have 2 vehicles available per household, 39% of them have 1 vehicle available, and 9% have No vehicle available.

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

Car, truck, or van - drove alone 3,340
Car, truck, or van - carpooled 323
Walked 190
Worked at home 298

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

Same house as 1 year ago 7,484
Moved within same county 881
Moved from different county within same state 174
Moved from different state 121

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 Socastee, 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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