Zip codes with the fastest growing rent in South Carolina

Written by:
March 25, 2021
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Zip codes with the fastest growing rent in South Carolina

Since the start of the 21st century and prior to the coronavirus pandemic, the cost of rent has skyrocketed across America. Every state in the nation saw a spike in the cost of apartments and other residential rentals. Places like Washington D.C., California, and Hawaii have seen rent prices more than double over the past two decades.

While the reasons for rent hikes may vary by locality, one of the major factors for higher costs is the overall decline in homeownership, which hit a peak of 66% in 2000. That, in turn, has led to more Americans turning to rentals, ultimately pushing up the amount landlords can charge. The problem is exacerbated by a shortage of construction workers, which makes it difficult for developers to boost the supply of available housing.

The coronavirus pandemic threw rental properties for a proverbial loop. The Census Bureau in April 2020 launched a providing weekly updates on how individuals and families have been affected during the pandemic. Data show ongoing difficulties in finding work, affording food, and paying the rent. Meanwhile, the pandemic has created a "" on rent, with rental rates in the most expensive U.S. cities dropping while rental rates have gone up in historically less expensive areas.

compiled a list of zip codes with the fastest growing rent in South Carolina using data from . Zip codes are ranked by the change in Zillow Observed Rent Index for all homes and apartments over the last year as of January 2021. Listings and images are from .

#30. 29420 (North Charleston)

- 1 year rent change: +2.8%
--- #12 fastest growing rent among zip codes in Charleston, SC metro
- 5 year rent change: +18.8%
- Typical rent: $1,445
--- 7.9% less than typical rent in Charleston, SC metro

- Pictured (for rent): ($1,410)

#29. 29418 (North Charleston)

- 1 year rent change: +2.9%
--- #11 fastest growing rent among zip codes in Charleston, SC metro
- 5 year rent change: +21.1%
- Typical rent: $1,226
--- 21.9% less than typical rent in Charleston, SC metro

- Pictured (for rent): ($1,135)

#28. 29205 (Columbia)

- 1 year rent change: +3.2%
--- #10 fastest growing rent among zip codes in Columbia, SC metro
- 5 year rent change: +22.6%
- Typical rent: $1,096
--- 9.6% less than typical rent in Columbia, SC metro

- Pictured (for rent): ($2,500)

#27. 29466 (Mount Pleasant)

- 1 year rent change: +3.4%
--- #10 fastest growing rent among zip codes in Charleston, SC metro
- 5 year rent change: +11.7%
- Typical rent: $1,979
--- 26.1% above typical rent in Charleston, SC metro

- Pictured (for rent): ($1,639)

#26. 29210 (Columbia)

- 1 year rent change: +3.5%
--- #9 fastest growing rent among zip codes in Columbia, SC metro
- 5 year rent change: +14.4%
- Typical rent: $1,008
--- 16.8% less than typical rent in Columbia, SC metro

- Pictured (for rent): ($1,000)

#25. 29412 (Charleston)

- 1 year rent change: +3.7%
--- #9 fastest growing rent among zip codes in Charleston, SC metro
- 5 year rent change: +10.3%
- Typical rent: $1,694
--- 8.0% above typical rent in Charleston, SC metro

- Pictured (for rent): ($1,595)

#24. 29708 (Fort Mill)

- 1 year rent change: +3.8%
--- #29 fastest growing rent among zip codes in Charlotte, NC metro
- 5 year rent change: +7.5%
- Typical rent: $1,880
--- 22.2% above typical rent in Charlotte, NC metro

- Pictured (for rent): ($1,439)

#23. 29464 (Mount Pleasant)

- 1 year rent change: +3.8%
--- #8 fastest growing rent among zip codes in Charleston, SC metro
- 5 year rent change: +13.7%
- Typical rent: $1,798
--- 14.6% above typical rent in Charleston, SC metro

- Pictured (for rent): ($1,299)

#22. 29650 (Greer)

- 1 year rent change: +4.0%
--- #5 fastest growing rent among zip codes in Greenville, SC metro
- 5 year rent change: +15.7%
- Typical rent: $1,592
--- 22.6% above typical rent in Greenville, SC metro

- Pictured (for rent): ($1,450)

#21. 29455 (Johns Island)

- 1 year rent change: +4.1%
--- #7 fastest growing rent among zip codes in Charleston, SC metro
- 5 year rent change: +16.5%
- Typical rent: $1,651
--- 5.2% above typical rent in Charleston, SC metro

- Pictured (for rent): ($1,543)

#20. 29456 (Ladson)

- 1 year rent change: +4.4%
--- #6 fastest growing rent among zip codes in Charleston, SC metro
- 5 year rent change: +30.5%
- Typical rent: $1,287
--- 18.0% less than typical rent in Charleston, SC metro

- Pictured (for rent): ($1,666)

#19. 29681 (Simpsonville)

- 1 year rent change: +4.5%
--- #4 fastest growing rent among zip codes in Greenville, SC metro
- 5 year rent change: +13.8%
- Typical rent: $1,613
--- 24.2% above typical rent in Greenville, SC metro

- Pictured (for rent): ($1,428)

#18. 29461 (Moncks Corner)

- 1 year rent change: +4.6%
--- #5 fastest growing rent among zip codes in Charleston, SC metro
- 5 year rent change: +31.2%
- Typical rent: $1,806
--- 15.1% above typical rent in Charleston, SC metro

- Pictured (for rent): ($1,019)

#17. 29715 (Fort Mill)

- 1 year rent change: +4.7%
--- #28 fastest growing rent among zip codes in Charlotte, NC metro
- 5 year rent change: +16.5%
- Typical rent: $1,428
--- 7.2% less than typical rent in Charlotte, NC metro

- Pictured (for rent): ($1,800)

#16. 29406 (Charleston)

- 1 year rent change: +4.8%
--- #4 fastest growing rent among zip codes in Charleston, SC metro
- 5 year rent change: +24.6%
- Typical rent: $1,285
--- 18.1% less than typical rent in Charleston, SC metro

- Pictured (for rent): ($1,599)

#15. 29229 (Columbia)

- 1 year rent change: +5.3%
--- #8 fastest growing rent among zip codes in Columbia, SC metro
- 5 year rent change: +14.9%
- Typical rent: $1,371
--- 13.1% above typical rent in Columbia, SC metro

- Pictured (for rent): ($1,420)

#14. 29223 (Columbia)

- 1 year rent change: +5.5%
--- #7 fastest growing rent among zip codes in Columbia, SC metro
- 5 year rent change: +24.0%
- Typical rent: $1,135
--- 6.4% less than typical rent in Columbia, SC metro

- Pictured (for rent): ($1,999)

#13. 29605 (Greenville)

- 1 year rent change: +5.5%
--- #3 fastest growing rent among zip codes in Greenville, SC metro
- 5 year rent change: +26.1%
- Typical rent: $1,298
--- 0.1% less than typical rent in Greenville, SC metro

- Pictured (for rent): ($1,363)

#12. 29732 (Rock Hill)

- 1 year rent change: +5.5%
--- #22 fastest growing rent among zip codes in Charlotte, NC metro
- 5 year rent change: +30.5%
- Typical rent: $1,219
--- 20.7% less than typical rent in Charlotte, NC metro

- Pictured (for rent): ($970)

#11. 29201 (Columbia)

- 1 year rent change: +5.6%
--- #6 fastest growing rent among zip codes in Columbia, SC metro
- 5 year rent change: +25.2%
- Typical rent: $1,241
--- 2.4% above typical rent in Columbia, SC metro

- Pictured (for rent): ($3,834)

#10. 29212 (Columbia)

- 1 year rent change: +5.8%
--- #5 fastest growing rent among zip codes in Columbia, SC metro
- 5 year rent change: +17.1%
- Typical rent: $1,225
--- 1.1% above typical rent in Columbia, SC metro

- Pictured (for rent): ($1,494)

#9. 29445 (Goose Creek)

- 1 year rent change: +6.5%
--- #3 fastest growing rent among zip codes in Charleston, SC metro
- 5 year rent change: +25.6%
- Typical rent: $1,635
--- 4.2% above typical rent in Charleston, SC metro

- Pictured (for rent): ($1,050)

#8. 29209 (Columbia)

- 1 year rent change: +6.6%
--- #4 fastest growing rent among zip codes in Columbia, SC metro
- 5 year rent change: +21.9%
- Typical rent: $1,251
--- 3.2% above typical rent in Columbia, SC metro

- Pictured (for rent): ($950)

#7. 29203 (Columbia)

- 1 year rent change: +6.6%
--- #3 fastest growing rent among zip codes in Columbia, SC metro
- 5 year rent change: +24.1%
- Typical rent: $937
--- 22.7% less than typical rent in Columbia, SC metro

- Pictured (for rent): ($1,008)

#6. 29405 (North Charleston)

- 1 year rent change: +6.8%
--- #2 fastest growing rent among zip codes in Charleston, SC metro
- 5 year rent change: +30.0%
- Typical rent: $1,296
--- 17.4% less than typical rent in Charleston, SC metro

- Pictured (for rent): ($1,576)

#5. 29611 (Greenville)

- 1 year rent change: +6.9%
--- #2 fastest growing rent among zip codes in Greenville, SC metro
- 5 year rent change: +34.5%
- Typical rent: $1,268
--- 2.4% less than typical rent in Greenville, SC metro

- Pictured (for rent): ($983)

#4. 29609 (Greenville)

- 1 year rent change: +7.0%
--- #1 fastest growing rent among zip codes in Greenville, SC metro
- 5 year rent change: +24.4%
- Typical rent: $1,299
--- 0.0% less than typical rent in Greenville, SC metro

- Pictured (for rent): ($1,460)

#3. 29072 (Lexington)

- 1 year rent change: +7.1%
--- #2 fastest growing rent among zip codes in Columbia, SC metro
- 5 year rent change: +46.9%
- Typical rent: $1,244
--- 2.6% above typical rent in Columbia, SC metro

- Pictured (for rent): ($1,408)

#2. 29483 (Summerville)

- 1 year rent change: +7.7%
--- #1 fastest growing rent among zip codes in Charleston, SC metro
- 5 year rent change: +29.2%
- Typical rent: $1,613
--- 2.8% above typical rent in Charleston, SC metro

- Pictured (for rent): ($1,620)

#1. 29063 (Irmo)

- 1 year rent change: +7.8%
--- #1 fastest growing rent among zip codes in Columbia, SC metro
- 5 year rent change: +18.8%
- Typical rent: $1,331
--- 9.8% above typical rent in Columbia, SC metro

- Pictured (for rent): ($1,737)

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