Orangeburg County South Carolina Residential Rent and Rental Statistics
The median monthly gross residential rent in Orangeburg County SC was $691 in 2019 according to the Census ACS survey.1 Average gross rent in Orangeburg County was $570 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 Orangeburg County median and average rent data will be released in September of 2021.
Data is also available below for Orangeburg County rental vacancy rates, Orangeburg County rent as a percent of median income and the fraction of renters in Orangeburg County.
Real Gross Rent in Orangeburg 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% |
| Orangeburg County SC Median Gross Rent | $691 | +5.34% | +7.30% |
Orangeburg County SC Real Gross Rent Trends
Median gross rent for Orangeburg County peaked in real terms in 2011 at $716 and is now $25 (3.49%) lower. Average gross rent for Orangeburg County peaked in real terms in 2015 at $631 and is now $61 (9.67%) lower. From a recent low of 485.0 in 2018, real average gross rent has now increased by $85 (17.53%).
Real Gross Rent: Orangeburg County SC Median, Orangeburg County SC Average, South Carolina Median, US Median
Real Gross Rent History for Orangeburg County
| Date | US Median |
South Carolina Median |
Orangeburg County SC Median |
Orangeburg County SC Average |
|---|---|---|---|---|
| 2019 | $1,097 | $922 | $691 | $570 |
| 2018 | $1,077 | $908 | $656 | $485 |
| 2017 | $1,043 | $874 | $701 | $605 |
| 2016 | $1,027 | $881 | $644 | $555 |
| 2015 | $1,017 | $869 | $670 | $631 |
| 2014 | $986 | $835 | $696 | $564 |
| 2013 | $953 | $807 | $657 | $555 |
| 2012 | $940 | $802 | $696 | $585 |
| 2011 | $941 | $800 | $716 | $554 |
| 2010 | $955 | $813 | $701 | $537 |
| 2009 | $960 | $805 | $674 | $554 |
| 2007 | $927 | $758 | $663 | $513 |
| 2005 | $910 | $764 | $614 | $511 |
Orangeburg County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Orangeburg County South Carolina was 4.30% according to Census ACS data.
Rental Vacancy Rate in Orangeburg County South Carolina
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| South Carolina | 9.13% | -0.86% | +0.64% |
| Orangeburg County SC | 4.30% | — | -6.25% |
Trends in Orangeburg County SC Rental Vacancy Rate
The rental vacancy rate in Orangeburg County peaked in 2009 at 21.14%. Since then it has fallen by 16.84% to 4.30%. Data records for this series originated in 2005.
Rental Vacancy Rate: Orangeburg County SC, South Carolina, US
Historical Rental Vacancy Rate data for Orangeburg County
| Date | US | South Carolina | Orangeburg County SC |
|---|---|---|---|
| 2019 | 5.97% | 9.13% | 4.30% |
| 2018 | 6.15% | 9.99% | — |
| 2017 | 6.18% | 8.97% | 7.77% |
| 2016 | 5.89% | 8.49% | 10.55% |
| 2015 | 5.85% | 9.45% | 12.43% |
| 2014 | 6.32% | 10.54% | 14.73% |
| 2013 | 6.49% | 10.54% | 12.00% |
| 2012 | 6.77% | 12.68% | 9.01% |
| 2011 | 7.40% | 12.12% | 15.42% |
| 2010 | 8.17% | 13.69% | 14.53% |
| 2009 | 8.43% | 13.35% | 21.14% |
| 2007 | 7.87% | 11.99% | 7.93% |
| 2005 | 7.74% | 11.43% | — |
Rent as a Fraction of Income
Using median household income data for Orangeburg County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Orangeburg County, median monthly gross rent as a fraction of median household income was 21.99% in 2019 according to the ACS.
Orangeburg 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% |
| Orangeburg County SC | 21.99% | +0.84% | -0.75% |
Trends in Orangeburg County SC Rent as a Fraction of Income
The fraction of median Orangeburg County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 27.57%. Since then it has fallen by 5.58% to 21.99%.
Fraction of Income towards Rent: Orangeburg County SC, South Carolina, US
Historical Data for Annual Rent as a Fraction of Income in Orangeburg County South Carolina
| Date | US | South Carolina | Orangeburg County SC |
|---|---|---|---|
| 2019 | 20.03% | 19.68% | 21.99% |
| 2018 | 20.50% | 20.46% | 21.15% |
| 2017 | 20.13% | 20.12% | 22.70% |
| 2016 | 20.43% | 20.39% | 22.74% |
| 2015 | 20.63% | 20.81% | 19.65% |
| 2014 | 20.89% | 20.98% | 27.57% |
| 2013 | 20.78% | 20.81% | 23.98% |
| 2012 | 20.65% | 20.99% | 22.96% |
| 2011 | 20.70% | 20.99% | 25.64% |
| 2010 | 20.50% | 20.79% | 23.53% |
| 2009 | 20.12% | 19.96% | 20.74% |
| 2007 | 18.66% | 17.86% | 21.23% |
| 2005 | 18.89% | 18.65% | 19.51% |
Renter Fraction in Orangeburg County South Carolina
You can calculate the renter fraction in Orangeburg 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 Orangeburg County as a fraction of total Orangeburg County households. In 2019 36.18% of households were renters according to Census ACS data.
Orangeburg 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% |
| Orangeburg County SC | 36.18% | +2.52% | +1.13% |
Trends in the Orangeburg County SC Renter Fraction
At 36.18%, the 2019 household based renter fraction in Orangeburg County was at its highest level. The origin year for the series is 2005.
Fraction of Renting Households: Orangeburg County SC, South Carolina, US
History of Orangeburg County Renter Fraction
| Date | US | South Carolina | Orangeburg County SC |
|---|---|---|---|
| 2019 | 35.89% | 29.73% | 36.18% |
| 2018 | 36.05% | 30.73% | 33.66% |
| 2017 | 36.13% | 31.25% | 30.93% |
| 2016 | 36.88% | 31.37% | 35.05% |
| 2015 | 36.97% | 31.87% | 29.54% |
| 2014 | 36.90% | 31.95% | 35.89% |
| 2013 | 36.50% | 31.83% | 33.69% |
| 2012 | 36.09% | 31.87% | 31.51% |
| 2011 | 35.42% | 30.83% | 31.45% |
| 2010 | 34.65% | 31.30% | 33.32% |
| 2009 | 34.13% | 29.86% | 32.11% |
| 2007 | 32.80% | 29.96% | 31.30% |
| 2005 | 33.10% | 29.91% | 28.97% |
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. ↩
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