York County South Carolina Residential Rent and Rental Statistics
The median monthly gross residential rent in York County SC was $1,057 in 2019 according to the Census ACS survey.1 Average gross rent in York County was $1,038 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 York County median and average rent data will be released in September of 2021.
Data is also available below for York County rental vacancy rates, York County rent as a percent of median income and the fraction of renters in York County.
Real Gross Rent in York 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% |
| York County SC Median Gross Rent | $1,057 | +3.63% | +13.90% |
York County SC Real Gross Rent Trends
At $1,057, real median gross rent in York County was at its highest level in 2019 since the series began in 2005. At $1,038, real average gross rent in York County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: York County SC Median, York County SC Average, South Carolina Median, US Median
Real Gross Rent History for York County
| Date | US Median |
South Carolina Median |
York County SC Median |
York County SC Average |
|---|---|---|---|---|
| 2019 | $1,097 | $922 | $1,057 | $1,038 |
| 2018 | $1,077 | $908 | $1,020 | $957 |
| 2017 | $1,043 | $874 | $958 | $990 |
| 2016 | $1,027 | $881 | $928 | $903 |
| 2015 | $1,017 | $869 | $938 | $976 |
| 2014 | $986 | $835 | $895 | $865 |
| 2013 | $953 | $807 | $817 | $870 |
| 2012 | $940 | $802 | $848 | $851 |
| 2011 | $941 | $800 | $806 | $806 |
| 2010 | $955 | $813 | $821 | $808 |
| 2009 | $960 | $805 | $872 | $853 |
| 2007 | $927 | $758 | $859 | $822 |
| 2005 | $910 | $764 | $834 | $786 |
York County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2018 the rental vacancy rate for York County South Carolina was 9.58% according to Census ACS data.
Rental Vacancy Rate in York 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% |
| York County SC | — | — | — |
Trends in York County SC Rental Vacancy Rate
The rental vacancy rate in York County peaked in 2006 at 10.81%. Since then it has fallen by 1.23% to 9.58%. Data records for this series originated in 2005. From a 2013 post peak low of 1.44%, the rental vacancy rate has increased by 8.14%.
Rental Vacancy Rate: York County SC, South Carolina, US
Historical Rental Vacancy Rate data for York County
| Date | US | South Carolina | York County SC |
|---|---|---|---|
| 2019 | 5.97% | 9.13% | — |
| 2018 | 6.15% | 9.99% | 9.58% |
| 2017 | 6.18% | 8.97% | 5.93% |
| 2016 | 5.89% | 8.49% | — |
| 2015 | 5.85% | 9.45% | 2.53% |
| 2014 | 6.32% | 10.54% | 6.71% |
| 2013 | 6.49% | 10.54% | 1.44% |
| 2012 | 6.77% | 12.68% | 4.66% |
| 2011 | 7.40% | 12.12% | — |
| 2010 | 8.17% | 13.69% | 8.96% |
| 2009 | 8.43% | 13.35% | 8.17% |
| 2007 | 7.87% | 11.99% | — |
| 2005 | 7.74% | 11.43% | 10.72% |
Rent as a Fraction of Income
Using median household income data for York County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For York County, median monthly gross rent as a fraction of median household income was 18.95% in 2019 according to the ACS.
York 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% |
| York County SC | 18.95% | +0.25% | +1.45% |
Trends in York County SC Rent as a Fraction of Income
The fraction of median York County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 19.36%. Since then it has fallen by 0.41% to 18.95%.
Fraction of Income towards Rent: York County SC, South Carolina, US
Historical Data for Annual Rent as a Fraction of Income in York County South Carolina
| Date | US | South Carolina | York County SC |
|---|---|---|---|
| 2019 | 20.03% | 19.68% | 18.95% |
| 2018 | 20.50% | 20.46% | 18.69% |
| 2017 | 20.13% | 20.12% | 17.92% |
| 2016 | 20.43% | 20.39% | 17.50% |
| 2015 | 20.63% | 20.81% | 18.82% |
| 2014 | 20.89% | 20.98% | 19.36% |
| 2013 | 20.78% | 20.81% | 17.11% |
| 2012 | 20.65% | 20.99% | 18.82% |
| 2011 | 20.70% | 20.99% | 18.12% |
| 2010 | 20.50% | 20.79% | 17.36% |
| 2009 | 20.12% | 19.96% | 18.31% |
| 2007 | 18.66% | 17.86% | 16.13% |
| 2005 | 18.89% | 18.65% | 17.15% |
Renter Fraction in York County South Carolina
You can calculate the renter fraction in York 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 York County as a fraction of total York County households. In 2019 30.02% of households were renters according to Census ACS data.
York 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% |
| York County SC | 30.02% | +2.45% | +0.11% |
Trends in the York County SC Renter Fraction
The York County household renter fraction peaked in in 2014 at 30.97% and is now 0.95% below that level. The origin year for the series is 2005.
Fraction of Renting Households: York County SC, South Carolina, US
History of York County Renter Fraction
| Date | US | South Carolina | York County SC |
|---|---|---|---|
| 2019 | 35.89% | 29.73% | 30.02% |
| 2018 | 36.05% | 30.73% | 27.57% |
| 2017 | 36.13% | 31.25% | 28.47% |
| 2016 | 36.88% | 31.37% | 29.91% |
| 2015 | 36.97% | 31.87% | 28.44% |
| 2014 | 36.90% | 31.95% | 30.97% |
| 2013 | 36.50% | 31.83% | 28.92% |
| 2012 | 36.09% | 31.87% | 29.75% |
| 2011 | 35.42% | 30.83% | 26.47% |
| 2010 | 34.65% | 31.30% | 29.92% |
| 2009 | 34.13% | 29.86% | 26.04% |
| 2007 | 32.80% | 29.96% | 28.35% |
| 2005 | 33.10% | 29.91% | 29.24% |
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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