Forest Acres, SC Rental Market Trends
Highlights
The average rent for an apartment in Forest Acres is $1,065, a 4% increase compared to the previous year, when the average rent was $1,024.
Average Rent in Forest Acres, SC
Last updated November 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,065 | 4% | 1,050 sq. ft. |
The average size for a Forest Acres, SC apartment is 1,050 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Forest Acres, SC Apartment Rent Ranges
- $501-$7008%
- $701-$1,00049%
- $1,001-$1,50032%
- $1,501-$2,0005%
- > $2,0007%
Forest Acres, SC Occupied Housing Units
- Renter-occupied Households45%
- Owner-occupied Households54%
2,125 or 45% of the households in Forest Acres, SC are renter-occupied while 2,583 or 54% are owner-occupied.
Forest Acres, SC Rent Trends
| Average Rent | Jul / 2016 | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Nov / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Forest Acres, SC | $966 | $960 | $950 | $989 | $1,007 | $1,024 | $1,024 | $1,063 | $1,063 | $1,065 |
| National | $1,342 | $1,350 | $1,346 | $1,378 | $1,380 | $1,383 | $1,418 | $1,427 | $1,431 | $1,466 |
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How Does Forest Acres Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Columbia | $1,076 | 5% |
| Irmo | $1,192 | 13% |
| Forest Acres | $1,065 | 4% |
| Arcadia Lakes | $924 | 4% |
| Blythewood | $1,106 | n/a |
| Hester Woods | $963 | 3% |
For more information about the Forest Acres rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
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 Forest Acres apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.