Greenwood, SC Rental Market Trends
Highlights
The average rent for an apartment in Greenwood is $771, a 7% increase compared to the previous year, when the average rent was $723.
Average Rent in Greenwood, SC
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $771 | 7% | 877 sq. ft. |
The average size for a Greenwood, SC apartment is 877 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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.
Greenwood, SC Apartment Rent Ranges
- < $5004%
- $501-$70027%
- $701-$1,00057%
- $1,001-$1,50012%
Greenwood, SC Occupied Housing Units
- Renter-occupied Households43%
- Owner-occupied Households56%
3,849 or 43% of the households in Greenwood, SC are renter-occupied while 5,065 or 56% are owner-occupied.
Greenwood, SC Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | May / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Greenwood, SC | $662 | $663 | $684 | $683 | $685 | $713 | $723 | $725 | $747 | $771 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
How Greenwood Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Columbia | $1,090 | 4% |
| Summerville | $1,142 | 5% |
| Charleston | $1,372 | 5% |
| Greenville | $1,136 | 4% |
| Beaufort | $1,175 | 2% |
| Anderson | $825 | n/a |
| Greenwood | $771 | 7% |
For more information about the Greenwood rental trends, check out our monthly rent report
Check out South Carolina Cities, South Carolina Neighborhoods and South Carolina Zip Codes for more details on verified listings, including the South Carolina Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!