Travelers Rest, 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 Travelers Rest, South Carolina rental market.
Travelers Rest, South Carolina
Average Apartment Rent
$1,846
Y-o-Y Change in Average
Apartment Rent
40.5%
As of November 2024
Compared to a year ago, Travelers Rest, South Carolina apartments have recorded a 40.5% rent increase.
Travelers Rest, South Carolina Average apartment rent trend
Travelers Rest, South Carolina Average Apartment Rent
Travelers Rest, South Carolina Apartment rent ranges
At 57.66%, apartments priced $1,500 - $2,000 represent the bulk of Travelers Rest, South Carolina rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 8.76%.
Travelers Rest, South Carolina Housing tenure**
Renters take up 48% of Travelers Rest, South Carolina real estate, occupying a total of 1,006 units, while homeowners live in 1,089 properties.
Median number of rooms of renter-occupied housing units**
4.2
Renter median household income**
$26,081
Average household size of renter-occupied housing units**
2.46
Rental vacancy rate**
5.7%
Travelers Rest, South Carolina Renter-occupied housing units by no. of bedrooms**
There are 502 rentals in Travelers Rest, South Carolina with 2 beds making up the highest share of the market, at 50%. Units with 4 beds, on the other hand, hold the lowest percentage (7%), amounting to 69 units. Overall, the median number of rooms in Travelers Rest, South Carolina homes for rent is 4.2.
Travelers Rest, South Carolina Renter-occupied units by age of householder**
Most condos for rent in Travelers Rest, South Carolina are occupied by residents in the 75 - 84 years age group (17%), followed by those in the 65 - 74 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Travelers Rest, South Carolina Renter-occupied housing units by family type**
Travelers Rest, South Carolina Renter-occupied housing units by the presence of own children**
A total of 584 apartments for rent in Travelers Rest, South Carolina, or 58% of all rentals are family households. Additionally, 43% of rental homes include children under the age of 18 – that’s 430 units. All in all, the median size of a renter-occupied household in Travelers Rest, South Carolina is 2.46.
Travelers Rest, South Carolina Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 30% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Travelers Rest, South Carolina.
Travelers Rest, South Carolina Renter-occupied units by year structure built**
The highest share of Travelers Rest, South Carolina apartment rentals, namely 41% or 409 units, were Built 1990 - 1999, followed by those Built 2000 - 2009 (14%, 139 units), and the ones Built 1970 - 1979 (13%, 133 units).
Travelers Rest, South Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Travelers Rest, South Carolina renters (41%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Travelers Rest, South Carolina condos for rent is 2017.
Travelers Rest, South Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 67% of Travelers Rest, South Carolina renters have 1 vehicle available per household, 13% of them have 2 vehicles available, and 9% have No vehicle available.
Travelers Rest, South Carolina Means of transportation to work of householders living in renter-occupied housing units**
Travelers Rest, South Carolina Geographical mobility in the past year for householders living in renter-occupied housing units**
Travelers Rest, 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 Travelers Rest, 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
