Best Affordable Places to Live in South Carolina in 2024

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    (Last Updated – 12/2023)

    Located on the southeast coast, South Carolina offers a mild climate and charming historical towns that draw crowds of urbanites looking for better quality of life. The state is home to many respected universities, including Clemson, The Citadel (The Military College of South Carolina), and the University of South Carolina. Residents who enjoy outdoor activities have everything from subtropical beaches to the Blue Ridge Mountains in the “Upstate” region. The cost of living is lower than the national average, and the average property tax is less than half the national average.

    Best Places to Live in South Carolina

    South Carolina offers many beautiful cities and towns that combine old-world charm with modern buildings and public spaces. The cost of living in South Carolina is reasonable, and affordable neighborhoods abound in the suburbs of inland cities such as Spartanburg and Batesburg-Leesville. Beach lovers often gravitate to Myrtle Beach and Hilton Head Island, whereas culture buffs appreciate the history and amenities of Charleston and Rock Hill.

    Make sure you look into first-time homebuyer programs in South Carolina to see how you can save money. And if you’re a newbie homebuyer, use our first-time homebuyer guide to learn more about the process before you start shopping.

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    1. Spartanburg

    Spartanburg, South Carolina

    Photo credit: iStock/Kruck20

    Spartanburg offers a wealth of arts and cultural amenities, as well as proximity to the stunning Blue Ridge Mountains. Several colleges and universities are located in the area, and the city is known for its family-friendly vibe.

    Population: 38,584

    Median Household Income: $45,2281

    Cost of Living: 95.8

    Median Rent Price: $1,545

    Home Price-to-Income Ratio: 2.07

    Average Property Tax: 0.64%

    Housing Affordability: Rent in Spartanburg is one of the lowest for a fairly urban area ($1,545) and is just below the state median rent prices. The city also has one of the lowest home price-to-income ratios on our list, so homes are more affordable compared to the median household income in the area.

    2. Beaufort

    Beaufort, South Carolina

    Photo credit: iStock/jlwhaley

    Beaufort is located on Port Royal Island, one of a cluster of islands just north of Hilton Head. Residents can take advantage of a slower pace of life while still being able to commute to larger cities such as Savannah and Charleston. You’ll find plenty of waterfront activities, restaurants, and historic buildings in the downtown area.

    Population: 13,722

    Median Household Income: $53,653

    Cost of Living: not disclosed

    Median Rent Price: $2,200

    Home Price-to-Income Ratio: 4.93

    Average Property Tax: 0.45%

    Housing Affordability: While the average property tax is lower than the state average, homes may not be as affordable as some areas on our list because of a higher home price-to-income ratio (4.93). The median rent price is in line with the national average ($2,100). To compete more effectively in the market when home-shopping, think about going through the mortgage preapproval process before your search heats up.

    3. Fountain Inn

    A former stagecoach stop, the Fountain Inn area is best known for historical buildings and a meandering waterfall in Cedar Falls Parks. The town’s proximity to Greenville and Columbia makes it a good option for those looking to commute to these urban areas for work. Recent renovations to its downtown promise a good balance or preservation and growth.

    Population: 11,758

    Median Household Income: $72,558

    Cost of Living: not disclosed

    Median Rent Price: $1,988

    Home Price-to-Income Ratio: 2.42

    Average Property Tax: 0.59%

    Housing Affordability: Fountain Inn has some of the most affordable housing in the state, with a low home price-to-income ratio. While the average property tax is slightly higher than the state average, the lower housing prices may make up for it. The median rent price is also lower than the national average, with relatively steady demand for housing.

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    4. Batesburg-Leesville

    Batesburg-Leesville, South Carolina

    Photo credit: Wikimedia Commons/
    Bill Fitzpatrick
    , Creative Commons Attribution-ShareAlike 3.0 Unported

    This town is less than an hour from Columbia, the state capital, making it a great commuter area for those who prefer to reside outside a city. Camping and golfing are just two of the area’s outdoor activities. Batesburg-Leesville also has strong options for public and private schools.

    Population: 5,266

    Median Household Income: $46,070

    Cost of Living: not disclosed

    Median Rent Price: $1,381

    Home Price-to-Income Ratio: 2.37

    Average Property Tax: 0.57%

    Housing Affordability: Batesburg-Leesville offers very affordable housing, both for homeowners and renters. The home price-to-income ratio is 2.37, which means you are more likely to find a home within your means. The median rent, $1,381, is lower than both the state and national averages.

    5. Georgetown

    Georgetown, South Carolina

    Photo credit: iStock/Joesboy

    This quaint beachfront community is the third oldest city in the state. You’ll find a picture-perfect historical area with small businesses (no big chain stores!), and everything that boating and fishing enthusiasts could wish for.

    Population: 8,556

    Median Household Income: $42,998

    Cost of Living: 97.9

    Median Rent Price: $1,300

    Home Price-to-Income Ratio: 3.67

    Average Property Tax: 0.46%

    Housing Affordability: Georgetown has a median home price of $199,500, one of the lowest in the state. Same goes for the median rent, so your dollars can stretch far in this small city. The rental market overall is warming up.

    Best Places to Live in South Carolina for Families

    Families looking for good schools and easy access to shopping, dining, and activities for the kids may find these five South Dakota cities are a good fit.

    1. Charleston

    Charleston, South Carolina

    Photo credit: iStock/halbergman

    This gorgeous port city draws crowds eager to explore the quaint cobblestone streets, horse-drawn carriages, and historic architecture. Around half of the residents are families. The city offers plenty of all-ages fun, such as parks, cultural sights, and festivals scattered throughout the year. Many public and private schools are rated above average compared to the rest of the state. Commuting within the city and to its suburbs is relatively easy.

    Population: 153,672

    Median Household Income: $76,556

    Cost of Living: 98

    Median Rent Price: $2,800

    Home Price-to-Income Ratio: 5.47

    Average Property Tax: 0.5%

    Housing Affordability: Homes are slightly less affordable compared to other cities, at a house price-to-income ratio of 5.47. Rent is also slightly higher than the national average, but the rental market is cool overall. (To see what type of home mortgage loan you might qualify for, consider getting prequalified for a home loan before you embark in earnest on your home search.)

    2. Rock Hill

    Rock Hill, South Carolina

    Photo credit: iStock/digidreamgrafix

    Located on the Catawba River, Rock Hill is a booming city with growing art and dining scenes. Close to Charlotte, North Carolina, and near Interstate 77, Rock Hill offers a convenient commute to the city. It’s a great fit for families because of its peaceful neighborhoods and kid-friendly attractions, such as walking trails, parks, and the Main Street Children’s Museum.

    Population: 75,349

    Median Household Income: $55,706

    Cost of Living: not disclosed

    Median Rent Price: $1,592

    Home Price-to-Income Ratio: 3.35

    Average Property Tax: 0.64%

    Housing Affordability: Rock Hill has a home price-to-income ratio of 3.35, which means the city offers affordable housing. The median home price is $187,000 and median rent $1,592, lower than many areas in the state.

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    3. Fort Mill

    Close to Charlotte Douglas International Airport, Fort Mill offers a good balance of city conveniences and suburban hush. Parents will appreciate the area’s many top-rated schools, while kids will be delighted by the expansive nature preserves, minor league basketball team, and Carowinds amusement park.

    Population: 30,940

    Median Household Income: $120,665

    Cost of Living: not disclosed

    Median Rent Price: $2,200

    Home Price-to-Income Ratio: 2.82

    Average Property Tax: 0.64%

    Housing Affordability: Property taxes may be slightly higher than the state average, but Fort Mill has a low home price-to-income ratio at 2.82, which could mean you pay less overall. The median rent price is slightly higher than the national average at $2,200.

    4. Summerville

    Summerville, South Carolina

    Photo credit: iStock/benedek

    In the 1800s, Summerville’s mild, dry climate attracted visitors looking to improve their health. Today, the town offers families — who make up 66.44% of residents — walkable communities and pine-scented parks near the water. Those who intend to commute to Charleston for work can do so easily; Summerville is close to Interstate 95 and other major roadways.

    Population: 51,617

    Median Household Income: $64,507

    Cost of Living: not disclosed

    Median Rent Price: $2,130

    Home Price-to-Income Ratio: 3.56

    Average Property Tax: 0.67%

    Housing Affordability: Some of the more affordable homes in the state can be found in Summerville, with a median price of $229,800 and a home-to-price ratio of 3.56. The median rent is $2,130 with warm renter demand.

    5. Greenville

    Greenville, South Carolina

    Photo credit: iStock/Sean Pavone

    Located “upstate” near the North Carolina border, Greenville has a bustling downtown area with many family-friendly restaurants, breweries, and shops. Outdoor activities include hiking, biking, and walking on the 20-mile Swamp Rabbit Trail, which hosts an annual half marathon. Around 46% of residents are families.

    Population: 72,310

    Median Household Income: $60,388

    Cost of Living: 90.7

    Median Rent Price: $1,738

    Home Price-to-Income Ratio: 2.57

    Average Property Tax: 0.66%

    Housing Affordability: Greenville has a lower than average median rent price of $1,738 and the rental market is cool. The home price-to-income ratio indicates homes are still affordable here, although good deals tend to be snapped up quickly. The median home price is $349,300.

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    Best Places to Live in South Carolina for Young Adults

    1. Charleston

    Charleston, South Carolina

    Photo credit: iStock/halbergman

    As one of the largest cities in the state, Charleston offers plenty of amenities for young professionals, such as trendy restaurants, cultural attractions, and festivals. Commuting throughout the city is easy, and neighboring beaches are within reach for a summer day trip. Residents ages 25 to 44 make a median of $86,889.

    Population: 153,672

    Median Household Income: $76,556

    Cost of Living: 98

    Median Rent Price: $2,800

    Home Price-to-Income Ratio: 5.47

    Average Property Tax: 0.5%

    Housing Affordability: Charleston has a median home price of $352,800. Although that’s higher than some of the cities on our list, property taxes are lower. The home price-to-income ratio indicates homes may be less affordable, and the median rent price is higher than the national average. Ready to start home shopping? Visit our home loan help center to learn more about mortgage options.

    2. Clemson

    Clemson, South Carolina

    Photo credit: iStock/DenisTangneyJr

    Clemson is home to many young professionals who enjoy the balance of urban and suburban life. Not surprising for a college town, trendy restaurants and bars abound. Hard workers who want to relax can head to the South Carolina Botanical Garden, Fort Hill Plantation, or Lake Hartwell, a popular recreation area.

    Population: 17,843

    Median Household Income: $48,335

    Cost of Living: 90.7

    Median Rent Price: $1,890

    Home Price-to-Income Ratio: 6.06

    Average Property Tax: 0.59%

    Housing Affordability: Clemson has a high home price-to-income ratio at 6.06, making buying a home unaffordable for many. However, the median rent price sits at $1,890 and the market is cool, which could explain why many choose to rent in the area.

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    3. Columbia

    Columbia, South Carolina

    Photo credit: iStock/Sean Pavone

    The capital city has much to draw young professionals, from job opportunities to post-work entertainment. You’ll find music venues, an opera house, a philharmonic orchestra, and a number of museums. The Congaree Vista, formerly a warehouse district, has been revitalized with art galleries, shops, and restaurants. 85.6% of residents are white collar workers, and those between 25 and 44 years old earn a median salary of $54,211.

    Population: 139,698

    Median Household Income: $48,791

    Cost of Living: 94.4

    Median Rent Price: $1,495

    Home Price-to-Income Ratio: 3.95

    Average Property Tax: 0.76%

    Housing Affordability: For a larger city, Columbia has a reasonable home price-to-income ratio of 3.95. That means homes in the area are generally affordable. The rental market is cool, and the median rent is $1,495.

    4. Socastee

    Considered a suburb of Myrtle Beach, Socastee offers affordable housing and wild outdoor settings. The Intracoastal Waterway runs through the city, making the area a destination for water sports enthusiasts, and the Waccamaw National Wildlife Refuge draws hunters, fishers, and photographers to its wetlands. Downtown, you’ll find a wealth of casual restaurants and bars.

    Population: 22,213

    Median Household Income: $49,179

    Cost of Living: not disclosed

    Median Rent Price: no data available

    Home Price-to-Income Ratio: 3.57

    Average Property Tax: 0.41%

    Housing Affordability: With a median value of $175,800, homes are very affordable. The average property tax is also much lower than the state average.

    5. Greenville

    Greenville, South Carolina

    Photo credit: iStock/Sean Pavone

    Greenville has everything young adults could want, from jobs with high-profile companies to a great bar scene and outdoor activities galore. The city is around 86% white collar residents, with a median salary of $66,151 of those aged 24 to 44. Much of the action can be found on Main Street, but hotspots are popping up in less commercial areas all the time.

    Population: 72,310

    Median Household Income: $60,388

    Cost of Living: 90.7

    Median Rent Price: $1,738

    Home Price-to-Income Ratio: 2.57

    Average Property Tax: 0.66%

    Housing Affordability: Greenville has a lower than average median rent price of $1,738 and the rental market is cool. The home price-to-income ratio indicates homes are still affordable here, although good deals tend to be snapped up quickly. The median home price is $349,300.

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    Best Places to Live in South Carolina for Retirees

    1. Murrells Inlet

    Murrells Inlet, South Carolina

    Photo credit: iStock/digidreamgrafix

    Murrells Inlet is several miles from Myrtle Beach, so retirees can enjoy the Coastal Grandma lifestyle without the attendant tourists. This quiet community also has some of the best seafood in the state and several assisted living facilities.

    Population: 9,740

    Median Household Income: $67,981

    Cost of Living: not disclosed

    Median Rent Price: $1,895

    Home Price-to-Income Ratio: 4.25

    Average Property Tax: 0.46%

    Housing Affordability: Murrells Inlet has a higher than average home price-to-income ratio of 4.25 which could mean homes aren’t as affordable as other areas in the state. The median rent price ($1,895) is on par with what others in the state charge.

    2. Hilton Head Island

    Hilton Head Island, South Carolina

    Photo credit: iStock/William Reagan

    Regularly voted one of the best vacation spots in the world, it stands to reason that retirees enjoy the small island’s beaches and golf courses. Hilton Head has one of the largest populations of retirees, with a median age of 59. The area is very bike friendly, to the point where locals often leave their cars at home.

    Population: 38,069

    Median Household Income: $87,884

    Cost of Living: not disclosed

    Median Rent Price: $3,250

    Home Price-to-Income Ratio: 5.92

    Average Property Tax: 0.45%

    Housing Affordability: The median household income in the area is higher than much of the state. However, homes are unaffordable to many, as indicated by the home price-to-income ratio of 5.92. The median rent price is also higher than average at $3,250.

    3. Anderson

    Anderson is located in the foothills of the Blue Ridge Mountains, in the northwest part of the state. It earned the nickname the “Electric City” for its pioneering use of hydroelectric power. Anderson offers many cultural attractions and top-notch medical facilities as well as the popular Anderson County Senior Citizens Program. The late actor Chadwick Boseman hailed from Anderson.

    Population: 29,771

    Median Household Income: $37,439

    Cost of Living: 90.7

    Median Rent Price: $1,295

    Home Price-to-Income Ratio: 4.02

    Average Property Tax: 0.59%

    Housing Affordability: Anderson has average property tax rates compared to the state but has a home price-to-income-ratio of 4.02. This means that homes are somewhat unaffordable in the area. The median rent price is $1,295, much more affordable than other parts of South Carolina.

    4. Garden City Beach

    Garden City Beach, South Carolina

    Photo credit: iStock/Ajax9

    Considered a suburb of Myrtle Beach, Garden City Beach offers a slower pace while still providing access to the amenities of more busy areas nearby. Many families return year after year to enjoy the beaches and festive atmosphere. The area is also a prime spot for fishing, crabbing, and watersports.

    Population: 10,235

    Median Household Income: $46,791

    Cost of Living: not disclosed

    Median Rent Price: not disclosed

    Home Price-to-Income Ratio: 3.14

    Average Property Tax: 0.41%

    Housing Affordability: Homes are fairly affordable in Garden City Beach, with a home price-to-income ratio of 3.14 and a median home price of $147,300. Property taxes are also lower than the national average.

    5. Little River

    Another suburb of Myrtle Beach, Little River is a quiet town that hosts many retirees. The picturesque fishing community is the oldest of the 14 villages along the Grand Strand. Thanks to a cluster of restaurants and shops on the riverfront — the Little River serves as a natural border between North and South Carolina — residents can stay local or drive over the bridge to Myrtle Beach for more action.

    Population: 11,711

    Median Household Income: $56,733

    Median Rent Price: $1,714

    Home Price-to-Income Ratio: 3.62

    Average Property Tax: 0.41%

    Housing Affordability: Homes are very affordable here, with a median price of $205,400 and a home price-to-income ratio of 3.62. Property taxes and median rent prices are also lower than the national average.

    Best Places to Live in South Carolina Near the Beach

    1. Myrtle Beach

    Myrtle Beach, South Carolina

    Photo credit: iStock/DenisTangneyJr

    One of the best known beach areas in the south, Myrtle Beach has a lot to offer. Its best-of-both-worlds location means you’re near amenities like dinner theater and museums but just a short drive from quieter neighborhoods and natural settings (and golf!). A popular resort area, the coast features classic attractions like a boardwalk, aquarium, arcades, an amusement park, and a famous Ferris wheel.

    Population: 38,417

    Median Household Income: $45,701

    Cost of Living: not disclosed

    Median Rent Price: $1,900

    Home Price-to-Income Ratio: 5.38

    Average Property Tax: 0.41%

    Housing Affordability:The home price-to-income ratio is high, meaning that homes aren’t as affordable for residents. However, median rent prices are close to the state average, and the market is cool overall.

    2. Mount Pleasant

    Mount Pleasant, South Carolina

    Photo credit: iStock/Ray Tan

    Offering many dining options, Mount Pleasant is close to Charleston and the more expensive Isle of Palms. While the vibe is decidedly low-key, the area still sports a range of amenities from restaurants and coffee shops to parks and a gorgeous, walkable strand.

    Population: 94,545

    Median Household Income: $106,216

    Cost of Living: not disclosed

    Median Rent Price: $3,200

    Home Price-to-Income Ratio: 4.70

    Average Property Tax: 0.5%

    Housing Affordability: Homes in Mount Pleasant are somewhat affordable, given that the home price-to-income ratio is 4.70. Although the median home price is $499,600 and median rent is $3,200, the higher median household income could make up for it.

    3. Beaufort

    Beaufort, South Carolina

    Photo credit: iStock/Marcopolo74

    Situated close to the Georgia border, Beaufort is a small town near the beach offering many restaurants and shopping options in the downtown area. You’ll find festivals and cultural events throughout the year, as well as highly rated public and private schools for families.

    Population: 13,722

    Median Household Income: $53,653

    Cost of Living: not disclosed

    Median Rent Price: $2,200

    Home Price-to-Income Ratio: 4.93

    Average Property Tax: 0.45%

    Housing Affordability: Property taxes in Beaufort are lower than the national average, though the homes may not be as affordable given that the home price-to-income ratio is 4.93. The rental market is warm and the median rent price is $2,200.

    4. Murrells Inlet

    Murrells Inlet, South Carolina

    Photo credit: iStock/digidreamgrafix

    Torn between the beach and the inland countryside? This small coastal town has a decidedly rural feel. Plus, Murrells Inlet sits between urban Myrtle Beach and Georgetown, providing stimulating day trips. If your interests lean toward sunset cruises and walking trails, however, you may never feel the need to leave this town.

    Population: 9,740

    Median Household Income: $67,981

    Cost of Living: not disclosed

    Median Rent Price: $1,895

    Home Price-to-Income Ratio: 4.25

    Average Property Tax: 0.46%

    Housing Affordability: The home price-to-income ratio for Murrells Inlet is 4.25, meaning that homes are somewhat affordable in the area. Property tax is also lower than the state average. The local rental market is hot, and the median rent price is around the same as what you’d find around South Carolina.

    5. Folly Beach

    Folly Beach, South Carolina

    Photo credit: iStock/Jon Bilous

    Folly Beach is another small coastal town, situated on Folly Island, great for those who want to live in a more rural setting. Residents can visit nearby islands to observe wildlife (including pelicans galore) and an 1800s lighthouse or drive to Charleston for a taste of culture.

    Population: 1,035

    Median Household Income: $76,250

    Cost of Living: not disclosed

    Median Rent Price: $4,500

    Home Price-to-Income Ratio: 8.29

    Average Property Tax: 0.5%

    Housing Affordability: Though property tax is on par with the state, homes aren’t so affordable here. Both the home price-to-income ratio and the median rent are quite high.


    The Takeaway

    From small coastal towns to urban cultural centers, South Carolina has a wealth of history, culture, and natural wonders. In the north you’ll find the Grand Strand, 60 miles of beaches that end at Myrtle Beach. If Southern hospitality, comfort food, and slow living are up your alley, you’ll find plenty to appreciate in the Palmetto state.

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    FAQ

    Where is the cheapest and safest place to live in South Carolina?

    Some of the cheapest and quietest places to live in South Carolina include Rock Hill, Fountain Inn, and Garden City Beach.

    Where is the nicest place to live in South Carolina?

    Some of the nicest places to live in South Carolina include the towns and suburbs of Myrtle Beach and Charleston.

    How much money do you need to live comfortably in South Carolina?

    The amount of money you’ll need depends on where you live in South Carolina. However, most areas in the state have a lower cost of living compared to national figures.


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