What is the rental vacancy rate in Laurel Bay, SC?
The rental vacancy rate in Laurel Bay, SC is 8.3% (±4.9 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±9.8 points).
156 (±76) homes, 7.4% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Laurel Bay, the rental vacancy rate went from 5.7% in 2015–2019 to 8.3% in 2020–2024 (+2.6 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 8.3% (±4.9 points)
- Homeowner vacancy rate
- 0.0% (±9.8 points)
- Vacant homes
- 156 (±76)
Vacancy in Laurel Bay against Beaufort County, its state and the nation
| Laurel Bay | Beaufort County | South Carolina | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 8.3% (±4.9 points) | 19.4% (±2.1 points) | 8.3% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±9.8 points) | 0.9% (±0.4 points) | 0.9% (±0.1 points) | 0.9% |
| Vacant housing units | 156 (±76) | 20,844 (±935) | 325,050 (±5,753) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Laurel Bay, the rental vacancy rate is lower than in Beaufort County (19.4%).
It is not measurably different from South Carolina (8.3%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Laurel Bay
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Laurel Bay | — | 8.3% (±4.9 points) | — |
| Burton | 3.6 mi | 2.8% (±4.8 points) | Not measurably different |
| Beaufort | 3.7 mi | 10.4% (±7.1 points) | Not measurably different |
| Shell Point | 6.1 mi | 18.8% (±24.5 points) | Not measurably different |
| Ridgeland | 7.9 mi | 2.8% (±4.5 points) | Not measurably different |
| Port Royal | 8.8 mi | 2.6% (±2.4 points) | Lower |
| Yemassee | 16 mi | 4.4% (±8.1 points) | Not measurably different |
| Hardeeville | 19 mi | 5.6% (±6.1 points) | Not measurably different |
| Hilton Head Island | 19 mi | 46.9% (±3.6 points) | Higher |
Nearby places with a measurably lower figure: Port Royal, SC (2.6%).
Nearby places with a measurably higher figure: Hilton Head Island, SC (46.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Beaufort County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Hilton Head Island | 46.9% (±3.6 points) |
| 2 | Shell Point | 18.8% (±24.5 points) |
| 3 | Beaufort | 10.4% (±7.1 points) |
| 4 | Laurel Bay | 8.3% (±4.9 points) |
| 5 | Burton | 2.8% (±4.8 points) |
| 6 | Port Royal | 2.6% (±2.4 points) |
| 7 | Bluffton | 0.0% (±2.1 points) |
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
Is it hard to find a rental in Laurel Bay?
The rental vacancy rate in Laurel Bay, SC is 8.3% (±4.9 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Laurel Bay tighter than it was?
In Laurel Bay, the rental vacancy rate went from 5.7% in 2015–2019 to 8.3% in 2020–2024 (+2.6 percentage points), not a measurable change.
How many homes are vacant in Laurel Bay?
An estimated 156 (±76) housing units, 7.4% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Laurel Bay CDP, South Carolina
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Laurel Bay CDP, South Carolina
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 DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
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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- South Carolina landlord and tenant rules
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