Department of Numbers

Kershaw County South Carolina Residential Rent and Rental Statistics

The median monthly gross residential rent in Kershaw County SC was $698 in 2019 according to the Census ACS survey.1 Average gross rent in Kershaw County was $648 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Kershaw County median and average rent data will be released in September of 2021.

Data is also available below for Kershaw County rental vacancy rates, Kershaw County rent as a percent of median income and the fraction of renters in Kershaw County.

Show dollars as: Nominal Real

Real Gross Rent in Kershaw County South Carolina (2019 dollars)2

2019 1 Year Change 3 Year Change
US Median Gross Rent $1,097 +1.86% +6.82%
South Carolina Median Gross Rent $922 +1.54% +4.65%
Kershaw County SC Median Gross Rent $698 -15.29%

Kershaw County SC Real Gross Rent Trends

Median gross rent for Kershaw County peaked in real terms in 2018 at $824 and is now $126 (15.29%) lower. Average gross rent for Kershaw County peaked in real terms in 2018 at $774 and is now $126 (16.28%) lower.

Real Gross Rent: Kershaw County SC Median, Kershaw County SC Average, South Carolina Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Kershaw County

Date US
Median
South Carolina
Median
Kershaw County SC
Median
Kershaw County SC
Average
2019 $1,097 $922 $698 $648
2018 $1,077 $908 $824 $774
2017 $1,043 $874 $710 $664
2016 $1,027 $881
2015 $1,017 $869
2014 $986 $835
2013 $953 $807
2012 $940 $802
2011 $941 $800
2010 $955 $813
2009 $960 $805

more history ...

Historical Rental Vacancy Rate data for Kershaw County

Date US South Carolina Kershaw County SC
2019 5.97% 9.13%
2018 6.15% 9.99%
2017 6.18% 8.97%
2016 5.89% 8.49%
2015 5.85% 9.45%
2014 6.32% 10.54%
2013 6.49% 10.54%
2012 6.77% 12.68%
2011 7.40% 12.12%
2010 8.17% 13.69%
2009 8.43% 13.35%

more history ...

Rent as a Fraction of Income

Using median household income data for Kershaw County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Kershaw County, median monthly gross rent as a fraction of median household income was 15.17% in 2019 according to the ACS.

Kershaw County South Carolina Median Annual Rent as a Fraction of Median Household Income

2019 1 Year Change 3 Year Change
US 20.03% -0.47% -0.40%
South Carolina 19.68% -0.79% -0.71%
Kershaw County SC 15.17% -3.69%

Trends in Kershaw County SC Rent as a Fraction of Income

The fraction of median Kershaw County household income required to pay median monthly gross rent peaked in 2018 (relative to the 2017 series origin) at 18.86%. Since then it has fallen by 3.69% to 15.17%.

Fraction of Income towards Rent: Kershaw County SC, South Carolina, US

Percent of median household income going towards median monthly gross rent in Kershaw County South Carolina

Historical Data for Annual Rent as a Fraction of Income in Kershaw County South Carolina

Date US South Carolina Kershaw County SC
2019 20.03% 19.68% 15.17%
2018 20.50% 20.46% 18.86%
2017 20.13% 20.12% 16.53%
2016 20.43% 20.39%
2015 20.63% 20.81%
2014 20.89% 20.98%
2013 20.78% 20.81%
2012 20.65% 20.99%
2011 20.70% 20.99%
2010 20.50% 20.79%
2009 20.12% 19.96%

more history ...

Renter Fraction in Kershaw County South Carolina

You can calculate the renter fraction in Kershaw County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Kershaw County as a fraction of total Kershaw County households. In 2019 18.64% of households were renters according to Census ACS data.

Kershaw County Fraction of Renters by Household Units

2019 1 Year Change 3 Year Change
US 35.89% -0.16% -0.99%
South Carolina 29.73% -1.00% -1.64%
Kershaw County SC 18.64% +1.36%

Trends in the Kershaw County SC Renter Fraction

At 18.64%, the 2019 household based renter fraction in Kershaw County was at its highest level. The origin year for the series is 2017.

Fraction of Renting Households: Kershaw County SC, South Carolina, US

Fraction of renters in Kershaw County

History of Kershaw County Renter Fraction

Date US South Carolina Kershaw County SC
2019 35.89% 29.73% 18.64%
2018 36.05% 30.73% 17.28%
2017 36.13% 31.25% 16.37%
2016 36.88% 31.37%
2015 36.97% 31.87%
2014 36.90% 31.95%
2013 36.50% 31.83%
2012 36.09% 31.87%
2011 35.42% 30.83%
2010 34.65% 31.30%
2009 34.13% 29.86%

more history ...

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.