Woodcreek Farms
751 Jacobs Mill Pond Rd,
Elgin, SC 29045
1-3 Beds | $1,310 - $1,510
Rental Market Trends in Elgin, SC
What is the average rent in Elgin, SC?
$1,175/month
Average Rent
850 Sq Ft
Average Apartment Size
+12%
Increase in the Last Year
As of July 2025, the average rent in Elgin, SC is $1,175 per month. This is 28% lower than the national average rent of $1,637/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, $1,175 for a one-bedroom apartment, and around $1,338 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,590 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average 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 12%, which averages out to $141 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 July 2025
Legend
2024
2025
Rent Ranges in Elgin, SC
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
25%
$700 - $1,000/month
75%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Elgin, SC?
Because the average rent in Elgin is $1,175, you’ll want to make about $3,916 per month or $46,992 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.
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.
Nearby City Rent Trends
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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 June 2025.
* Percentages may not total 100 due to rounding.