What is the median rent in Laurel Bay, SC?
The median gross rent in Laurel Bay, SC is $1,454 (±$131) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,293 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Laurel Bay, the median gross rent went from $1,183 in 2015–2019 to $1,454 in 2020–2024 (+22.9%).
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
- $1,454 (±$131)
- Rented homes
- 1,293 (±336)
- $2,000 or more
- 3.4%
- Since 2015–2019
- +22.9%
How much rent costs in Laurel Bay
| Monthly gross rent | Laurel Bay | Beaufort County | South Carolina | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±3.4 points) | 4.5% | 6.8% | 6.3% |
| $500 to $999 | 5.1% (±6.8 points) | 12.4% | 29.0% | 20.2% |
| $1,000 to $1,499 | 49.1% (±12.2 points) | 25.4% | 34.9% | 28.1% |
| $1,500 to $1,999 | 42.4% (±12.3 points) | 25.5% | 18.3% | 21.1% |
| $2,000 to $2,499 | 1.9% (±2.9 points) | 18.5% | 7.0% | 12.0% |
| $2,500 to $2,999 | 1.5% (±1.9 points) | 6.4% | 2.1% | 5.5% |
| $3,000 or more | 0.0% (±3.4 points) | 7.4% | 2.0% | 6.8% |
The most common range is $1,000 to $1,499, paid by 49.1% of renting households.
3.4% of rented homes in Laurel Bay cost $2,000 or more a month.
Laurel Bay against Beaufort County, its state and the nation
| Laurel Bay | Beaufort County | South Carolina | United States | |
|---|---|---|---|---|
| Median gross rent | $1,454 (±$131) | $1,653 (±$70) | $1,180 (±$9) | $1,413 |
| Rented homes paying rent | 1,293 (±336) | 17,992 (±1,032) | 544,268 (±5,517) | 42,849,984 |
In Laurel Bay, median gross rent is lower than in Beaufort County ($1,653).
It is also higher than in South Carolina ($1,180).
It is not measurably different from the national figure ($1,413).
In Beaufort County, Laurel Bay ranks 4 of 7 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 36 of 334.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Laurel Bay has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,183 (±$69) | $1,454 (±$131) | +22.9% | No measurable change after inflation |
| Households that rent | 70.7% (±6.9 points) | 77.5% (±7.1 points) | +6.8 percentage points | Not a measurable change |
| Rental vacancy rate | 5.7% (±4.4 points) | 8.3% (±4.9 points) | +2.6 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 Laurel Bay
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Laurel Bay | — | $1,454 (±$131) | — |
| Burton | 3.6 mi | $1,229 (±$345) | Not measurably different |
| Beaufort | 3.7 mi | $1,212 (±$154) | Lower |
| Shell Point | 6.1 mi | $1,188 (±$602) | Not measurably different |
| Ridgeland | 7.9 mi | $734 (±$454) | Lower |
| Port Royal | 8.8 mi | $1,726 (±$143) | Higher |
| Yemassee | 16 mi | $748 (±$414) | Lower |
| Hardeeville | 19 mi | $1,406 (±$57) | Not measurably different |
| Hilton Head Island | 19 mi | $1,479 (±$162) | Not measurably different |
Nearby places with a measurably lower figure: Beaufort, SC ($1,212), Ridgeland, SC ($734), Yemassee, SC ($748).
Nearby places with a measurably higher figure: Port Royal, SC ($1,726).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Beaufort County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Bluffton | $2,256 (±$121) |
| 2 | Port Royal | $1,726 (±$143) |
| 3 | Hilton Head Island | $1,479 (±$162) |
| 4 | Laurel Bay | $1,454 (±$131) |
| 5 | Burton | $1,229 (±$345) |
| 6 | Beaufort | $1,212 (±$154) |
| 7 | Shell Point | $1,188 (±$602) |
Laurel Bay 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 Laurel Bay
What is the average rent in Laurel Bay, SC?
The Census Bureau publishes the median rather than the average: the median gross rent in Laurel Bay is $1,454 (±$131) 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 Laurel Bay?
In Laurel Bay, the median gross rent went from $1,183 in 2015–2019 to $1,454 in 2020–2024 (+22.9%).
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 Laurel Bay cost more than $2,000 a month?
3.4% of rented homes in Laurel Bay have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Laurel Bay higher than in Beaufort County?
In Laurel Bay, median gross rent is lower than in Beaufort County ($1,653).
It is also higher than in South Carolina ($1,180).
It is not measurably different from 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 — Laurel Bay CDP, South Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Laurel Bay CDP, South Carolina
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Laurel Bay 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 Laurel Bay CDP, South Carolina (place:40525, 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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- Types of homes in Laurel Bay
- Age of homes in Laurel Bay
- Vacancy rate in Laurel Bay
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- Population growth in Laurel Bay
- How long people stay in Laurel Bay
- South Carolina landlord and tenant rules
- Housing across Beaufort County
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- Housing data for every place in South Carolina