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Rental Market Trends in Elgin, SC

What is the average rent in Elgin, SC?

$1,236/month

Average Rent

850 Sq Ft

Average Apartment Size

+13.8%

Increase in the Last Year

As of October 2025, the average rent in Elgin, SC is $1,236 per month. This is 24% lower than the national average rent of $1,630/month, making renting in Elgin more affordable than most cities in the US. When you rent an apartment in Elgin, you can expect to pay about per month for a studio, $1,236 for a one-bedroom apartment, and around $1,380 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,645 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,236/month
850 Sq Ft
Two Bedroom
$1,380/month
1,151 Sq Ft
Three Bedroom
$1,645/month
1,461 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,910/month
1,548 Sq Ft
Four Bedroom
$2,485/month
2,811 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Elgin, SC?

In the past year, rent has increased by 13.8%, which averages out to $171 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time

What salary do I need to live comfortably in Elgin, SC?

Because the average rent in Elgin is $1,236, you’ll want to make about $4,120 per month or $49,440 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Elgin, SC

61 Available Apartments for Rent

Search for Nearby Apartments

How does Elgin, SC compare to other nearby cities and neighborhoods?

Use the tool below to compare Elgin, SC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Elgin, SC

Apartment Averages

Nearby City Rent Trends

  • Columbia Average Rent

Apartment communities in Elgin we think you'll love

Woodcreek Farms

Woodcreek Farms

751 Jacobs Mill Pond Rd,
Elgin, SC 29045

$1,650 - $1,920

1-3 Beds

The Preserve At Spears Creek

The Preserve At Spears Creek

325 Spears Creek Church Rd,
Elgin, SC 29045

$1,212 - $1,545

1-2 Beds

Legacy At Sandhill

Legacy At Sandhill

10682 Two Notch Rd,
Elgin, SC 29045

$1,357 - $1,920

1-3 Beds

4 Leyland Cypress Ct

4 Leyland Cypress Ct

4 Leyland Cypress Ct,
Elgin, SC 29045

$1,769

3 Beds

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United States South Carolina Elgin Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity