West Columbia, 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 West Columbia, South Carolina rental market.
West Columbia, South Carolina
Average Apartment Rent
$1,327
Y-o-Y Change in Average
Apartment Rent
10%
As of November 2024
Compared to a year ago, West Columbia, South Carolina apartments have recorded a 10% rent increase.
West Columbia, South Carolina Average apartment rent trend
West Columbia, South Carolina Average Apartment Rent
West Columbia, South Carolina Apartment rent ranges
At 45.72%, apartments priced $1,000 - $1,500 represent the bulk of West Columbia, South Carolina rentals, while condos priced $500 - $700 hold the lowest share of the market – 5.7%.
West Columbia, South Carolina Housing tenure**
Renters take up 44% of West Columbia, South Carolina real estate, occupying a total of 3,562 units, while homeowners live in 4,600 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$44,492
Average household size of renter-occupied housing units**
2.2
Rental vacancy rate**
4.4%
West Columbia, South Carolina Renter-occupied housing units by no. of bedrooms**
There are 2,073 rentals in West Columbia, South Carolina with 2 beds making up the highest share of the market, at 58%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 92 units. Overall, the median number of rooms in West Columbia, South Carolina homes for rent is 4.
West Columbia, South Carolina Renter-occupied units by age of householder**
Most condos for rent in West Columbia, South Carolina are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 35 - 44 years age group (17%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 3%.
West Columbia, South Carolina Renter-occupied housing units by family type**
West Columbia, South Carolina Renter-occupied housing units by the presence of own children**
A total of 1,426 apartments for rent in West Columbia, South Carolina, or 40% of all rentals are family households. Additionally, 26% of rental homes include children under the age of 18 – that’s 941 units. All in all, the median size of a renter-occupied household in West Columbia, South Carolina is 2.2.
West Columbia, 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 11% of the homes for rent in West Columbia, South Carolina.
West Columbia, South Carolina Renter-occupied units by year structure built**
The highest share of West Columbia, South Carolina apartment rentals, namely 20% or 725 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (15%, 548 units), and the ones Built 1990 - 1999 (14%, 486 units).
West Columbia, South Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most West Columbia, South Carolina renters (44%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their West Columbia, South Carolina condos for rent is 2017.
West Columbia, South Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 48% of West Columbia, South Carolina renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 16% have No vehicle available.
West Columbia, South Carolina Means of transportation to work of householders living in renter-occupied housing units**
West Columbia, South Carolina Geographical mobility in the past year for householders living in renter-occupied housing units**
West Columbia, 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 West Columbia, 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