Cost of Living in Fairfield County, South Carolina

$910/mo
Median Monthly Rent
$129,100
Median Home Value
4% below state averageUnaffordable

At a Glance

Median Monthly Rent
$910/mo
4% below state average
Median Home Value
$129,100
54% below national
Rent-to-Income Ratio
34.0%
% 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 Fairfield County Compares

Median monthly rent comparison

Fairfield County$910/mo
South Carolina Average$945/mo
National Median$1,163/mo

Detailed Housing Stats

$910/mo
Median Gross Rent
$129,100
Median Home Value
$619/mo
Monthly Owner Cost
34.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Fairfield County, South Carolina

Fairfield's rent-to-income ratio strains budgets

Renters in Fairfield County spend 23.3% of income on housing—notably above South Carolina's 20.1% state average and the national comfort zone. With a median household income of $46,972 and rents of $910 monthly, Fairfield presents tighter affordability than most peers.

One of South Carolina's tightest rental markets

Fairfield ranks among South Carolina's least affordable counties for renters, with a 23.3% rent-to-income ratio that exceeds most state peers. The median rent of $910 strains a below-average household income, creating genuine affordability pressure.

Rental burden steeper than Dillon or Florence

Fairfield's 23.3% rent-to-income ratio significantly exceeds nearby Dillon (18.9%), Florence (19.2%), and Edgefield (15.3%). The county's lower median income of $46,972 makes its $910 rents hit harder than in wealthier neighboring counties.

Homeownership offers modest relief

While renters spend 23.3% of income on housing, homeowners pay just $619 monthly—roughly 15.8% of the median household income. The median home value of $129,100 suggests ownership remains more affordable than renting in Fairfield.

Fairfield suits buyers seeking equity

If you're relocating to South Carolina and can qualify for homeownership, Fairfield's $129,100 median home value and $619 monthly costs offer strong value. The rental market here is tight, but purchasing a home positions you well relative to local incomes.

Affordability Calculator

See how your income compares to housing costs in Fairfield County

$

Rent Burden

23.2%

of gross income

Max Housing (28% Rule)

$1,096

per month

Owner Cost Burden

15.8%

of gross income

You can likely afford the median home in Fairfield County

Median home value is $129,100. Estimated monthly cost: $1,031 vs. your max of $1,096.

Rent Affordability Guide

Your rent-to-income ratio23.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Fairfield County, South Carolina?
Fairfield County, South Carolina has a median monthly rent of $910/mo and a median home value of $129,100. The affordability rating is Unaffordable, with rent making up approximately 34.0% of median household income.
What is the median rent in Fairfield County?
The median gross rent in Fairfield County is $910/mo. This is 4% below state average for South Carolina.
Is Fairfield County affordable?
Fairfield County is rated Unaffordable based on rent-to-income ratio of 34.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Fairfield County's rent compare to the state average?
Fairfield County's median rent of $910/mo is 4% below state average of $945/mo for South Carolina.
What is the median home value in Fairfield County?
The median home value in Fairfield County, South Carolina is $129,100. This is 54% 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.