Union, 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 Union, South Carolina rental market.

Union, South Carolina

Average Apartment Rent

$603

Y-o-Y Change in Average
Apartment Rent

12.3%

As of November 2024

Compared to a year ago, Union, South Carolina apartments have recorded a 12.3% rent increase.

Union, 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
Union $508 $518 $498 $532 $519 $547 $537 $547 $564 $603
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Union
National
Nov 2021
$508
$1,596
Mar 2022
$518
$1,635
Jul 2022
$498
$1,708
Nov 2022
$532
$1,726
Mar 2023
$519
$1,714
Jul 2023
$547
$1,739
Nov 2023
$537
$1,733
Mar 2024
$547
$1,727
Jul 2024
$564
$1,752
Nov 2024
$603
$1,748

Union, South Carolina Average Apartment Rent

Union, South Carolina Apartment rent ranges

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

At 64.43%, apartments priced $500 - $700 represent the bulk of Union, South Carolina rentals, while condos priced Under $500 hold the lowest share of the market – 35.57%.

Union, South Carolina Housing tenure**

Renter occupied housing units 1,977
Owner occupied housing units 1,816

Renters take up 52% of Union, South Carolina real estate, occupying a total of 1,977 units, while homeowners live in 1,816 properties.

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

4.1

Renter median household income**

$22,869

Average household size of renter-occupied housing units**

2.06

Rental vacancy rate**

1.5%

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

No bedrooms 118
1 bed 436
2 beds 745
3 beds 531
4 beds 147

There are 745 rentals in Union, South Carolina with 2 beds making up the highest share of the market, at 38%. Units with No bedrooms, on the other hand, hold the lowest percentage (6%), amounting to 118 units. Overall, the median number of rooms in Union, South Carolina homes for rent is 4.1.

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

15 - 24 years 101
25 - 34 years 315
35 - 44 years 227
45 - 54 years 574
55 - 59 years 222
60 - 64 years 164
65 - 74 years 300
75 - 84 years 52
85 years and over 22

Most condos for rent in Union, South Carolina are occupied by residents in the 45 - 54 years age group (29%), followed by those in the 25 - 34 years age group (16%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

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

Family households 895
Non-Family Households 1,082

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

With related children of the householder under 18 606
No related children of the householder under 18 1,371

A total of 895 apartments for rent in Union, South Carolina, or 45% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 606 units. All in all, the median size of a renter-occupied household in Union, South Carolina is 2.06.

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

Less than high school graduate 632
High school graduate (including equivalency) 591
Some college or associate's degree 554
Bachelor's degree or higher 200

In terms of education, renters holding bachelor degrees or higher make up 10% of the rental market. In contrast, residents with less than a high school degree reside in 32% of the homes for rent in Union, South Carolina.

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

Built 2010 - 2019 45
Built 2000 - 2009 74
Built 1990 - 1999 265
Built 1980 - 1989 62
Built 1970 - 1979 378
Built 1960 - 1969 280
Built 1950 - 1959 295
Built 1940 - 1949 47
Built 1939 or earlier 531

The highest share of Union, South Carolina apartment rentals, namely 27% or 531 units, were Built 1939 or earlier, followed by those Built 1970 - 1979 (19%, 378 units), and the ones Built 1950 - 1959 (15%, 295 units).

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

Moved in 2021 or later 190
Moved in 2018 to 2020 497
Moved in 2010 to 2017 817
Moved in 2000 to 2009 392
Moved in 1990 to 1999 22
Moved in 1989 or earlier 59

Median year renter moved into unit 2015

Most Union, South Carolina renters (41%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Union, South Carolina condos for rent is 2015.

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

No vehicle available 536
1 vehicle available 860
2 vehicles available 497
3 or more vehicles available 84

When it comes to transportation options, 44% of Union, South Carolina renters have 1 vehicle available per household, 27% of them have No vehicle available, and 25% have 2 vehicles available.

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

Car, truck, or van - drove alone 844
Car, truck, or van - carpooled 383
Walked 27
Taxicab, motorcycle, bicycle, or other means 35
Worked at home 8

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

Same house as 1 year ago 3,253
Moved within same county 659
Moved from different county within same state 110

Union, 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 Union, 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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