RentData

Average Rent in Oconee County, SC Rents falling 1.1% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 79,566

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Oconee County, SC has rental prices ranging from $715/month to $1,381/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $745/month — 47% below the national average of $1,400/month. With a median household income of $60,193/year, spending $745/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Oconee County Compares

With an average 2-bedroom rent of $977/month, Oconee County ranks #17 most expensive of the 38 cities tracked in South Carolina — pricier than 61% of all US cities in our data.

The Oconee County Rental Market

The Oconee County, SC area has a population of about 79,566 and 25% 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 Oconee County, SC have fallen by $11/month (1.1%) over the past year, from $988 to $977. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Oconee County, SC without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $29,800. The local median household income of $60,193 exceeds that threshold by $30,393, making Oconee County relatively accessible compared to local wages.

Economy & Jobs

Oconee County, SC has an unemployment rate of 4.0%, 0.1 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.

Fair Market Rents

HUD FY2025
Studio
$715
Affordable
1 Bedroom
$745
Affordable
2 Bedrooms
$977
1.1% YoY
Affordable
3 Bedrooms
$1,203
Affordable
4 Bedrooms
$1,381
Affordable
🔔
Get Rent Alerts
Be notified when rents change in Oconee County

Is Oconee County, SC Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$39,080/year
Local median income: $60,193
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $977/month and 20% down on a home at 7% rate.

Nearby Cities in SClargest metros in the state

CityStudio1BR2BR3BRHome 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 Oconee County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Oconee County data

$
Home Value
$350,000
2BR Rent
$977/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 5 years — worth it if you stay 5+ years.

Total monthly buy cost: $2,577/movs rent: $977/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Oconee 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

Estimates based on FMCSA average mover rates. Get at least 3 binding quotes from licensed movers. Protect your move →

Frequently Asked Questions

Explore More

🏘️Neighborhoods in Oconee County

Compare rent & home prices by neighborhood

💵Rent Affordability in Oconee County

Salary needed to afford rent here

🗺️All Cities in SC

See how Oconee County ranks statewide

⚖️Compare Oconee County

Side-by-side rent & cost of living with any city

📋SC Tenant Rights

Deposit limits, eviction laws & renters protections