Cost of Living in Oconee County, South Carolina

$876/mo
Median Monthly Rent
$217,200
Median Home Value

At a Glance

Median Monthly Rent
$876/mo
7% below state average
Median Home Value
$217,200
23% below national
Rent-to-Income Ratio
30.0%
% 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 Oconee County Compares

Median monthly rent comparison

Oconee County$876/mo
South Carolina Average$945/mo
National Median$1,163/mo

Detailed Housing Stats

$876/mo
Median Gross Rent
$217,200
Median Home Value
$721/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Oconee County ranks #1,797 of 3,144 counties for affordability (bottom 43%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Oconee County, South Carolina

Oconee keeps housing costs low

Oconee County's 17.5% rent-to-income ratio outperforms South Carolina's average of 20.1%, supported by solid median income of $60,193 and modest $876/month rent. Households dedicate less than 1 in 5 income dollars to housing—comfortably below national stress thresholds.

Oconee rates well in affordability

At 17.5% rent-to-income, Oconee ranks among South Carolina's more affordable counties, with above-average income and rents well below state median. The county's $217,200 median home value reflects stronger demand and quality of life.

Oconee climbs Upstate ladder

Oconee's $60,193 income and 17.5% rent-to-income ratio mirror Pickens ($59,411, 18.9%) and approach Richland ($61,699, 23.1%), positioning it as an affordable Upstate option. Rents of $876/month are reasonable for the region's growing footprint.

Housing costs for renters and owners

Oconee renters pay $876/month while homeowners spend $721/month on median homes worth $217,200. With income of $60,193, renters dedicate 17.5% to housing, while homeowners enjoy favorable equity potential in a growing market.

Oconee: Upstate affordability hub

Oconee offers Upstate South Carolina's best housing affordability: reasonable rents, attractive home values, and solid income levels near the state average. The county's proximity to Clemson and regional employment centers makes it ideal for professionals seeking balance.

Cost of Living Advisory: Oconee County

Affordability Verdict

For renters in Oconee County, the market is affordable. Expect to pay around $876/month in gross rent, with 30.0% of renter households considered cost-burdened.

Rent vs. Own

The median rent in Oconee County is $876/month, while owner costs run $721/month. Owning saves approximately $155/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $35,040/year. For owner costs at the 28% rule, the required income is roughly $30,900/year. With a median household income of $60,193, most households can comfortably afford rent here. Notably, 30.0% of renter households in Oconee County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within South Carolina, Oconee County is less affordable than Pickens County by roughly 6% ($876/mo vs $936/mo).

Affordability Calculator

See how your income compares to housing costs in Oconee County

$

Rent Burden

17.5%

of gross income

Max Housing (28% Rule)

$1,405

per month

Owner Cost Burden

14.4%

of gross income

The median home in Oconee County may be a stretch

Median home value is $217,200. Estimated monthly cost: $1,734 vs. your max of $1,405.

Rent Affordability Guide

Your rent-to-income ratio17.5%
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: $60,193Needed: $35,040
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,193Needed: $30,900
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,193Needed: $50,548

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 Oconee County, South Carolina?
Oconee County, South Carolina has a median monthly rent of $876/mo and a median home value of $217,200. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Oconee County?
The median gross rent in Oconee County is $876/mo. This is 7% below state average for South Carolina.
Is Oconee County affordable?
Oconee County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Oconee County's rent compare to the state average?
Oconee County's median rent of $876/mo is 7% below state average of $945/mo for South Carolina.
What is the median home value in Oconee County?
The median home value in Oconee County, South Carolina is $217,200. This is 23% 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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