Columbia

South Carolina · Ranked #29 of 102 metros

60Moderate

Median Home Price

🏠

$260K

Need $75K income

Median Rent

🔑

$1K

Need $46K income

Housing Shortage

📉

12,000

units needed

Building Permits

🔨

7,500

annual

Median Income

💰

$57K

Pop: 838,966

Rent Burden

⚠️

31.5%

of renters paying >30%

Price Change (YoY)

📈

+4.5%

Homeownership

🏡

64.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricColumbiaNational
Price-to-Income Ratio4.6x6.1x
Rent Burden31.5%31.5%
Homeownership Rate64.0%65.5%
YoY Price Change+4.5%+3.5%
YoY Rent Change+3%+2.8%
Mortgage Denial Rate14.5%13.5%
Eviction Rate5.5%3.6%