Cost of Living in Chester County, South Carolina

$918/mo
Median Monthly Rent
$143,800
Median Home Value
3% below state averageUnaffordable

At a Glance

Median Monthly Rent
$918/mo
3% below state average
Median Home Value
$143,800
49% below national
Rent-to-Income Ratio
29.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Chester County Compares

Median monthly rent comparison

Chester County$918/mo
South Carolina Average$945/mo
National Median$1,163/mo

Detailed Housing Stats

$918/mo
Median Gross Rent
$143,800
Median Home Value
$590/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Chester County, South Carolina

Chester's rent burden edges above national norm

Chester County renters spend 21.5% of income on housing, surpassing both the national average of 20.1% and South Carolina's state average of 20.1%. At a median household income of $51,216—$23,539 below the national average—residents here feel housing costs more acutely.

Chester ranks among South Carolina's tight markets

Chester's 21.5% rent-to-income ratio places it in the upper tier of South Carolina housing burden, alongside similarly stressed counties like Colleton and Darlington. Its $918 median rent exceeds the state average of $945 only slightly, yet the lower incomes make affordability tighter.

More expensive and strained than Cherokee

Chester renters pay $918 monthly with a 21.5% housing burden, compared to Cherokee's $813 rents and 19.9% ratio just to the north. Chesterfield to the south offers even lower costs at $776 rent and a 19.6% ratio, making both neighbors more affordable options.

One in five dollars goes to keeping a roof

Chester renters spend $918 monthly on housing from a median income of $51,216, while homeowners pay $590 for ownership costs. Renters shoulder 21.5% of income toward housing; owners pay 13.8%—a gap reflecting limited homeownership access for lower-income households.

Chester offers modest housing at moderate cost

With rents near $920 and median home values around $143,800, Chester suits those seeking small-town living and lower costs than Charleston. Before committing, compare it to nearby Cherokee and Chesterfield, which both offer superior affordability ratios and lower monthly rents.

Affordability Calculator

See how your income compares to housing costs in Chester County

$

Rent Burden

21.5%

of gross income

Max Housing (28% Rule)

$1,195

per month

Owner Cost Burden

13.8%

of gross income

You can likely afford the median home in Chester County

Median home value is $143,800. Estimated monthly cost: $1,148 vs. your max of $1,195.

Rent Affordability Guide

Your rent-to-income ratio21.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Chester County, South Carolina?
Chester County, South Carolina has a median monthly rent of $918/mo and a median home value of $143,800. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Chester County?
The median gross rent in Chester County is $918/mo. This is 3% below state average for South Carolina.
Is Chester County affordable?
Chester County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Chester County's rent compare to the state average?
Chester County's median rent of $918/mo is 3% below state average of $945/mo for South Carolina.
What is the median home value in Chester County?
The median home value in Chester County, South Carolina is $143,800. This is 49% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.