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Rental Market Trends in Lancaster, SC

What is the average rent in Lancaster, SC?

$796/month

Average Rent

856 Sq Ft

Average Apartment Size

+6%

Increase in the Last Year

Lancaster, SC Rental Market Overview

The average rent in Lancaster, SC is $796 per month. This is 52% lower than the national average rent of $1,644/month, making renting in Lancaster more affordable than most cities in the US.

  • Studio apartments in Lancaster average $803 per month.
  • One-bedroom apartments in Lancaster average $796 per month.
  • Two-bedroom apartments in Lancaster average $896 per month.
  • Three-bedroom apartments in Lancaster average $1,073 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$803/month
500 Sq Ft
One Bedroom
$796/month
856 Sq Ft
Two Bedroom
$896/month
990 Sq Ft
Three Bedroom
$1,073/month
1,356 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 Lancaster, SC?

In the past year, rent has increased by 6%, which averages out to $48 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Lancaster, SC
Last Updated June 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Lancaster, SC
Percentage*
Rent Range
0% Below $700/month
100% $700 - $1,000/month
0% $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 Lancaster, SC?

Because the average rent in Lancaster is $796, you’ll want to make about $2,653 per month or $31,836 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

Lancaster, SC

11 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Lancaster, 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 Lancaster, SC

Apartment Averages

Apartment communities in Lancaster we think you'll love

Sycamore Run Apartments

Sycamore Run Apartments

3038 Miller St,
Lancaster, SC 29720

$1,363

2 Beds

5819 Soft Shell Dr

5819 Soft Shell Dr

5819 Soft Shell Dr,
Lancaster, SC 29720

$2,400 Total Monthly Price

4 Beds

218 Clyburn St

218 Clyburn St

218 Clyburn St,
Lancaster, SC 29720

$625 Total Monthly Price

2 Beds | 12 Month Lease

322 Elm St

322 Elm St

322 Elm St,
Lancaster, SC 29720

$1,000 Total Monthly Price

2 Beds | 12 Month Lease

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United States South Carolina Lancaster 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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity