South Carolina
Ranked #18 of 51 for housing affordability
60Moderate
Median Home Price
🏠$300K
5.3x income
Median Rent
🔑$1K
31.0% rent-burdened
Median Income
💰$56K
Population: 5,282,634
Homeownership
🏡68.5%
4,448 experiencing homelessness
Housing Shortage
📉80,000
units needed
Building Permits (2024)
🔨42,000
Price-to-Income
📊5.3x
Severe Rent Burden
⚠️14.5%
paying >50% of income
Rent Burden Breakdown
vs. National Average
Metros in South Carolina
| Metro | Score | Home Price | Rent | Income | Rent Burden |
|---|---|---|---|---|---|
| Greenville | 55 | $300K | $1K | $58K | 31.0% |
| Columbia | 60 | $260K | $1K | $57K | 31.5% |
| Charleston | 40 | $400K | $2K | $65K | 33.5% |
| Myrtle Beach | 45 | $320K | $1K | $52K | 34.0% |
Housing Policies
SC Housing programslow-income housing tax creditsopportunity zones