Average Rent in Sumter, SC↑ Rents rising 5.1% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 104,853
Market Overview
Sumter, SC has rental prices ranging from $839/month to $1,719/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $951/month — 32% below the national average of $1,400/month. With a median household income of $55,990/year, spending $951/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.
How Sumter Compares
With an average 2-bedroom rent of $1,224/month, Sumter ranks #7 most expensive of the 38 cities tracked in South Carolina — pricier than 83% of all US cities in our data.
The Sumter Rental Market
The Sumter, SC area has a population of about 104,853 and 33% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Sumter, SC have risen by $59/month (5.1%) over the past year, from $1,165 to $1,224. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Sumter, SC without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $38,040. The local median household income of $55,990 exceeds that threshold by $17,950, making Sumter relatively accessible compared to local wages.
Rent vs. Buy
The median home value in Sumter, SC is $215,942, giving a price-to-rent ratio of 14.7. The break-even point between renting and buying is roughly 15 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.
Fair Market Rents
HUD FY2025Is Sumter, 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 Sumter?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Sumter data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Mortgage Calculator
Estimate monthly payment for $215,942 home at 7% rate
Living in Sumter
Cost of living, job market, crime rates, and moving cost estimates.
Moving Cost Estimator
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Frequently Asked Questions
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⚖️Rent vs Buy in SumterIs it cheaper to rent or buy here?
💵Rent Affordability in SumterSalary needed to afford rent here
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