Average Rent in McCormick County, SC↓ Rents falling 2.2% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 9,701
Market Overview
McCormick County, SC has rental prices ranging from $734/month to $1,340/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $741/month — 47% below the national average of $1,400/month. With a median household income of $55,344/year, spending $741/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.
How McCormick County Compares
With an average 2-bedroom rent of $972/month, McCormick County ranks #18 most expensive of the 38 cities tracked in South Carolina — pricier than 59% of all US cities in our data.
The McCormick County Rental Market
The McCormick County, SC area has a population of about 9,701 and 16% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in McCormick County, SC have fallen by $22/month (2.2%) over the past year, from $994 to $972. This slight decline is consistent with broader market corrections seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in McCormick County, SC without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $29,640. The local median household income of $55,344 exceeds that threshold by $25,704, making McCormick County relatively accessible compared to local wages.
Economy & Jobs
McCormick County, SC has an unemployment rate of 4.8%, 0.9 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Neighborhoods
Home values — and by extension rent levels — vary significantly across McCormick County's neighborhoods. Among the highest-value areas are Savannah Lakes Village ($419,406 median home value). Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.
Fair Market Rents
HUD FY2025Is McCormick County, SC Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in SClargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Anderson | $787 | $792 | $947 | $1,204 | — |
| Greenville | $1,136 | $1,180 | $1,306 | $1,599 | — |
| Columbia | $1,063 | $1,172 | $1,298 | $1,656 | — |
| Charleston | $1,583 | $1,644 | $1,820 | $2,255 | — |
| Myrtle Beach | $1,133 | $1,199 | $1,406 | $1,771 | — |
| Spartanburg | $1,053 | $1,094 | $1,211 | $1,493 | — |
Rent or Buy in McCormick County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real McCormick County data
Buying breaks even after 5 years — worth it if you stay 5+ years.
Living in McCormick County
Cost of living, job market, crime rates, and moving cost estimates.
Moving Cost Estimator
Estimate your moving costs based on FMCSA public mover data
Select your origin state to see the estimate
Frequently Asked Questions
Explore More
Compare rent & home prices by neighborhood
💵Rent Affordability in McCormick CountySalary needed to afford rent here
🗺️All Cities in SCSee how McCormick County ranks statewide
⚖️Compare McCormick CountySide-by-side rent & cost of living with any city
📋SC Tenant RightsDeposit limits, eviction laws & renters protections