Cost of Living in Colleton County, South Carolina

$905/mo
Median Monthly Rent
$145,900
Median Home Value

At a Glance

Median Monthly Rent
$905/mo
4% below state average
Median Home Value
$145,900
48% below national
Rent-to-Income Ratio
31.0%
% 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 Colleton County Compares

Median monthly rent comparison

Colleton County$905/mo
South Carolina Average$945/mo
National Median$1,163/mo

Detailed Housing Stats

$905/mo
Median Gross Rent
$145,900
Median Home Value
$762/mo
Monthly Owner Cost
31.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Colleton County ranks #3,015 of 3,144 counties for affordability (bottom 4%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Colleton County, South Carolina

Colleton faces steeper housing burden than U.S. norm

Colleton County renters spend 22.3% of income on housing—well above the national average of 20.1% and South Carolina's 20.1% baseline. With a median household income of $48,779 and rents at $905 monthly, Colleton residents feel acute housing pressure despite modest rents.

Among South Carolina's most strained counties

Colleton's 22.3% rent-to-income ratio ranks among the state's highest, surpassing the South Carolina average by 2.2 percentage points. Only Darlington (22.2%) comes close to matching Colleton's housing burden, signaling genuine affordability stress across this region.

Colleton's burden exceeds nearby alternatives

Colleton renters face a 22.3% housing burden and $905 rent, exceeding Chesterfield (19.6% / $776) and Clarendon (17.9% / $728) by substantial margins. Moving to adjacent counties could save renters $150–$180 monthly while cutting housing burden by 2–4 percentage points.

Housing takes a worrisome share of income

Colleton renters spend $905 monthly on a median income of $48,779, while homeowners pay $762 for ownership costs. At 22.3% of income for renters and 18.7% for owners, Colleton's housing burden edges toward the 30% affordability threshold, constraining residents' ability to cover other essentials.

Colleton may strain budgets; explore neighbors

Colleton's 22.3% housing burden makes it one of South Carolina's most strained markets for renters and owners alike. If affordability matters, compare Colleton to nearby Chesterfield and Clarendon, which offer rents $130–$180 lower and superior housing burden ratios.

Cost of Living Advisory: Colleton County

Affordability Verdict

For renters in Colleton County, the market is affordable. Expect to pay around $905/month in gross rent, with 31.0% of renter households considered cost-burdened.

Rent vs. Own

The median rent in Colleton County is $905/month, while owner costs run $762/month. Owning saves approximately $143/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $36,200/year. For owner costs at the 28% rule, the required income is roughly $32,657/year. With a median household income of $48,779, most households can comfortably afford rent here. Notably, 31.0% of renter households in Colleton County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Edgefield County where rent averages $854/month, Colleton County is approximately 6% more expensive.

Affordability Calculator

See how your income compares to housing costs in Colleton County

$

Rent Burden

22.3%

of gross income

Max Housing (28% Rule)

$1,138

per month

Owner Cost Burden

18.7%

of gross income

The median home in Colleton County may be a stretch

Median home value is $145,900. Estimated monthly cost: $1,165 vs. your max of $1,138.

Rent Affordability Guide

Your rent-to-income ratio22.3%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $48,779Needed: $36,200
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $48,779Needed: $32,657
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $48,779Needed: $33,955

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Colleton County, South Carolina?
Colleton County, South Carolina has a median monthly rent of $905/mo and a median home value of $145,900. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.
What is the median rent in Colleton County?
The median gross rent in Colleton County is $905/mo. This is 4% below state average for South Carolina.
Is Colleton County affordable?
Colleton County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Colleton County's rent compare to the state average?
Colleton County's median rent of $905/mo is 4% below state average of $945/mo for South Carolina.
What is the median home value in Colleton County?
The median home value in Colleton County, South Carolina is $145,900. This is 48% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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