What is the median rent in Lake Murray of Richland, SC?
The median gross rent in Lake Murray of Richland, SC is $1,944 (±$398) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 476 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Lake Murray of Richland, the median gross rent went from $1,417 in 2015–2019 to $1,944 in 2020–2024 (+37.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,944 (±$398)
- Rented homes
- 476 (±209)
- $2,000 or more
- 47.1%
- Since 2015–2019
- +37.2%
How much rent costs in Lake Murray of Richland
| Monthly gross rent | Lake Murray of Richland | Richland County | South Carolina | United States |
|---|---|---|---|---|
| Less than $500 | 12.2% (±18.6 points) | 4.5% | 6.8% | 6.3% |
| $500 to $999 | 1.5% (±5.2 points) | 24.1% | 29.0% | 20.2% |
| $1,000 to $1,499 | 13.2% (±21.1 points) | 42.4% | 34.9% | 28.1% |
| $1,500 to $1,999 | 26.1% (±20.4 points) | 19.2% | 18.3% | 21.1% |
| $2,000 to $2,499 | 28.8% (±23.3 points) | 7.4% | 7.0% | 12.0% |
| $2,500 to $2,999 | 18.3% (±19.5 points) | 1.4% | 2.1% | 5.5% |
| $3,000 or more | 0.0% (±9.0 points) | 1.1% | 2.0% | 6.8% |
The most common range is $2,000 to $2,499, paid by 28.8% of renting households.
47.1% of rented homes in Lake Murray of Richland cost $2,000 or more a month.
Lake Murray of Richland against Richland County, its state and the nation
| Lake Murray of Richland | Richland County | South Carolina | United States | |
|---|---|---|---|---|
| Median gross rent | $1,944 (±$398) | $1,228 (±$21) | $1,180 (±$9) | $1,413 |
| Rented homes paying rent | 476 (±209) | 64,547 (±1,513) | 544,268 (±5,517) | 42,849,984 |
In Lake Murray of Richland, median gross rent is higher than in Richland County ($1,228).
It is also higher than in South Carolina ($1,180).
It is higher than the national figure ($1,413).
In Richland County, Lake Murray of Richland ranks 1 of 12 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 9 of 334.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Lake Murray of Richland has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,417 (±$260) | $1,944 (±$398) | +37.2% | No measurable change after inflation |
| Households that rent | 16.2% (±6.2 points) | 17.3% (±6.7 points) | +1.1 percentage points | Not a measurable change |
| Rental vacancy rate | 9.8% (±15.1 points) | 0.0% (±8.8 points) | −9.8 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Lake Murray of Richland
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Lake Murray of Richland | — | $1,944 (±$398) | — |
| Irmo | 4.2 mi | $1,477 (±$129) | Lower |
| Chapin | 5.2 mi | $1,570 (±$203) | Not measurably different |
| Peak | 8.8 mi | $1,056 (±$263) | Lower |
| Seven Oaks | 8.8 mi | $1,246 (±$74) | Lower |
| Lexington | 9.2 mi | $1,545 (±$83) | Not measurably different |
| St. Andrews | 10 mi | $1,088 (±$48) | Lower |
| Oak Grove | 12 mi | $1,045 (±$200) | Lower |
| West Columbia | 13 mi | $1,201 (±$84) | Lower |
Nearby places with a measurably lower figure: Irmo, SC ($1,477), Peak, SC ($1,056), Seven Oaks, SC ($1,246).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Richland County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Lake Murray of Richland | $1,944 (±$398) |
| 2 | Irmo | $1,477 (±$129) |
| 3 | Forest Acres | $1,263 (±$118) |
| 4 | Dentsville | $1,250 (±$57) |
| 5 | Columbia | $1,204 (±$28) |
| 6 | Capitol View | $1,181 (±$98) |
| 7 | Woodfield | $1,169 (±$89) |
Showing 7 of 12 places in Richland County, ranked from highest to lowest.
Lake Murray of Richland is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake Murray of Richland
What is the average rent in Lake Murray of Richland, SC?
The Census Bureau publishes the median rather than the average: the median gross rent in Lake Murray of Richland is $1,944 (±$398) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Lake Murray of Richland?
In Lake Murray of Richland, the median gross rent went from $1,417 in 2015–2019 to $1,944 in 2020–2024 (+37.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Lake Murray of Richland cost more than $2,000 a month?
47.1% of rented homes in Lake Murray of Richland have a gross rent of $2,000 or more a month, and 12.2% cost less than $500.
Is rent in Lake Murray of Richland higher than in Richland County?
In Lake Murray of Richland, median gross rent is higher than in Richland County ($1,228).
It is also higher than in South Carolina ($1,180).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Murray of Richland CDP, South Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Murray of Richland CDP, South Carolina
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Murray of Richland CDP, South Carolina
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Murray of Richland CDP, South Carolina (place:39475, in state:45).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Renters and owners in Lake Murray of Richland
- Income and affordability in Lake Murray of Richland
- Home values in Lake Murray of Richland
- Homeowner costs in Lake Murray of Richland
- Property taxes in Lake Murray of Richland
- Types of homes in Lake Murray of Richland
- Bedrooms in Lake Murray of Richland
- Heating fuel in Lake Murray of Richland
- Commute and cars in Lake Murray of Richland
- Population growth in Lake Murray of Richland
- How long people stay in Lake Murray of Richland
- South Carolina landlord and tenant rules
- Housing across Richland County
- South Carolina places ranked by median rent
- Housing data for every place in South Carolina