Tega Cay, 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 Tega Cay, South Carolina rental market.
Tega Cay, South Carolina
Average Apartment Rent
$1,567
Y-o-Y Change in Average
Apartment Rent
-1.2%
As of November 2024
Compared to a year ago, Tega Cay, South Carolina apartments have recorded a -1.2% rent decrease.
Tega Cay, South Carolina Average apartment rent trend
Tega Cay, South Carolina Average Apartment Rent
Tega Cay, South Carolina Apartment rent ranges
At 52.75%, apartments priced $1,500 - $2,000 represent the bulk of Tega Cay, South Carolina rentals, while condos priced Over $2,000 hold the lowest share of the market – 5.06%.
Tega Cay, South Carolina Housing tenure**
Renters take up 13% of Tega Cay, South Carolina real estate, occupying a total of 634 units, while homeowners live in 4,095 properties.
Median number of rooms of renter-occupied housing units**
4.7
Renter median household income**
$142,780
Average household size of renter-occupied housing units**
2.41
Tega Cay, South Carolina Renter-occupied housing units by no. of bedrooms**
There are 260 rentals in Tega Cay, South Carolina with 3 beds making up the highest share of the market, at 41%. Units with 5 or more beds, on the other hand, hold the lowest percentage (3%), amounting to 20 units. Overall, the median number of rooms in Tega Cay, South Carolina homes for rent is 4.7.
Tega Cay, South Carolina Renter-occupied units by age of householder**
Most condos for rent in Tega Cay, South Carolina are occupied by residents in the 35 - 44 years age group (40%), followed by those in the 75 - 84 years age group (16%). At the same time, people in the 25 - 34 years age group make up the lowest share of the local rental market – 6%.
Tega Cay, South Carolina Renter-occupied housing units by family type**
Tega Cay, South Carolina Renter-occupied housing units by the presence of own children**
A total of 414 apartments for rent in Tega Cay, South Carolina, or 65% of all rentals are family households. Additionally, 44% of rental homes include children under the age of 18 – that’s 281 units. All in all, the median size of a renter-occupied household in Tega Cay, South Carolina is 2.41.
Tega Cay, South Carolina Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 23% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Tega Cay, South Carolina.
Tega Cay, South Carolina Renter-occupied units by year structure built**
The highest share of Tega Cay, South Carolina apartment rentals, namely 41% or 257 units, were Built 2010 - 2019, followed by those Built 1990 - 1999 (38%, 241 units), and the ones Built 2000 - 2009 (13%, 81 units).
Tega Cay, South Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Tega Cay, South Carolina renters (47%) moved in 2010 to 2017, while only 3% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Tega Cay, South Carolina condos for rent is 2018.
Tega Cay, South Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 51% of Tega Cay, South Carolina renters have 2 vehicles available per household, 26% of them have No vehicle available, and 21% have 1 vehicle available.
Tega Cay, South Carolina Means of transportation to work of householders living in renter-occupied housing units**
Tega Cay, South Carolina Geographical mobility in the past year for householders living in renter-occupied housing units**
Tega Cay, 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 Tega Cay, 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