What is the median rent in Socastee, SC?

The median gross rent in Socastee, SC is $1,246 (±$101) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 2,927 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Socastee, the median gross rent went from $975 in 2015–2019 to $1,246 in 2020–2024 (+27.8%).

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
$1,246 (±$101)
Rented homes
2,927 (±481)
$2,000 or more
8.5%
Since 2015–2019
+27.8%

How much rent costs in Socastee

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentSocasteeHorry CountySouth CarolinaUnited States
Less than $5004.7% (±4.6 points)5.4%6.8%6.3%
$500 to $99916.5% (±6.5 points)24.4%29.0%20.2%
$1,000 to $1,49944.1% (±10.8 points)35.2%34.9%28.1%
$1,500 to $1,99926.1% (±9.3 points)23.4%18.3%21.1%
$2,000 to $2,4995.4% (±3.1 points)8.4%7.0%12.0%
$2,500 to $2,9991.9% (±2.3 points)1.5%2.1%5.5%
$3,000 or more1.2% (±1.3 points)1.6%2.0%6.8%

The most common range is $1,000 to $1,499, paid by 44.1% of renting households.

8.5% of rented homes in Socastee cost $2,000 or more a month.

Socastee against Horry County, its state and the nation

Estimate (90% margin of error)
SocasteeHorry CountySouth CarolinaUnited States
Median gross rent$1,246 (±$101)$1,255 (±$35)$1,180 (±$9)$1,413
Rented homes paying rent2,927 (±481)33,382 (±1,516)544,268 (±5,517)42,849,984

In Socastee, median gross rent is not measurably different from Horry County ($1,255).

It is not measurably different from South Carolina ($1,180).

It is lower than the national figure ($1,413).

In Horry County, Socastee ranks 7 of 14 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 70 of 334.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Socastee has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$975 (±$37)$1,246 (±$101)+27.8%No measurable change after inflation
Households that rent37.2% (±3.2 points)34.1% (±4.9 points)−3.1 percentage pointsNot a measurable change
Rental vacancy rate5.4% (±3.7 points)2.1% (±2.5 points)−3.3 percentage pointsNot 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 Socastee

Nearest places with a published estimate, compared with Socastee
PlaceDistanceMedian gross rentCompared with this place
Socastee—$1,246 (±$101)—
Forestbrook3.5 mi$814 (±$452)Not measurably different
Surfside Beach5.7 mi$1,274 (±$214)Not measurably different
Red Hill6.3 mi$1,179 (±$167)Not measurably different
Garden City6.6 mi$1,472 (±$120)Higher
Myrtle Beach7.2 mi$1,261 (±$77)Not measurably different
Carolina Forest7.7 mi$1,668 (±$102)Higher
Murrells Inlet9.4 mi$1,751 (±$96)Higher
Conway10 mi$866 (±$158)Lower

Nearby places with a measurably lower figure: Conway, SC ($866).

Nearby places with a measurably higher figure: Garden City, SC ($1,472), Carolina Forest, SC ($1,668), Murrells Inlet, SC ($1,751).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Horry County, place by place

RankPlaceMedian gross rent
1Carolina Forest$1,668 (±$102)
2Little River$1,528 (±$202)
3Garden City$1,472 (±$120)
4Surfside Beach$1,274 (±$214)
5North Myrtle Beach$1,263 (±$117)
6Myrtle Beach$1,261 (±$77)
7Socastee$1,246 (±$101)
8Red Hill$1,179 (±$167)
9Aynor$1,160 (±$169)
10Homewood$1,122 (±$56)
11Atlantic Beach$1,083 (±$451)
12Conway$866 (±$158)
13Forestbrook$814 (±$452)

Showing 13 of 14 places in Horry County, ranked from highest to lowest.

Socastee 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 Socastee

What is the average rent in Socastee, SC?

The Census Bureau publishes the median rather than the average: the median gross rent in Socastee is $1,246 (±$101) 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 Socastee?

In Socastee, the median gross rent went from $975 in 2015–2019 to $1,246 in 2020–2024 (+27.8%).

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 Socastee cost more than $2,000 a month?

8.5% of rented homes in Socastee have a gross rent of $2,000 or more a month, and 4.7% cost less than $500.

Is rent in Socastee higher than in Horry County?

In Socastee, median gross rent is not measurably different from Horry County ($1,255).

It is not measurably different from South Carolina ($1,180).

It is lower 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

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 Socastee CDP, South Carolina (place:67390, 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.

Request a Census API 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 .

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