114 Luxury Apartments for rent in Columbia, SC

Last updated June 17 at 9:26pm UTC
208 Forest Grove Lane
Columbia
Columbia, SC
Updated June 17 at 9:28am UTC
4 Bedrooms
$1,230
203 Petworth Drive
Columbia
Columbia, SC
Updated June 17 at 9:25am UTC
3 Bedrooms
$1,065
165 Cane Brake Drive
Columbia
Columbia, SC
Updated June 17 at 9:23am UTC
3 Bedrooms
$1,100
38 Glen Knoll Place
Columbia
Columbia, SC
Updated June 17 at 9:21am UTC
3 Bedrooms
$1,095
300 S HARDEN Street
Shandon
Columbia, SC
Updated June 16 at 9:18am UTC
2 Bedrooms
$1,150
4001 Hickory Street
South Kilbourne
Columbia, SC
Updated June 16 at 2:06am UTC
2 Bedrooms
$1,095
227 Village Walk
Village Pond
Columbia, SC
Updated June 17 at 9:26am UTC
3 Bedrooms
$1,200
1808 Woodvalley Drive
Columbia
Columbia, SC
Updated June 16 at 10:06am UTC
3 Bedrooms
$1,500
921 Texas Street
Olympia
Columbia, SC
Updated June 16 at 10:02am UTC
3 Bedrooms
$1,800

June 2018 Columbia Rent Report

Welcome to the June 2018 Columbia Rent Report. Columbia rents increased over the past month. In this report, we'll evaluate trends in the Columbia rental market, including comparisons to cities throughout the state and nation.

View full Columbia Rent Report
Rent Report
Columbia

June 2018 Columbia Rent Report

Welcome to the June 2018 Columbia Rent Report. Columbia rents increased over the past month. In this report, we'll evaluate trends in the Columbia rental market, including comparisons to cities throughout the state and nation.

Columbia rents increased slightly over the past month

Columbia rents have increased 0.2% over the past month, but have remained steady at 0.2% in comparison to the same time last year. Currently, median rents in Columbia stand at $830 for a one-bedroom apartment and $960 for a two-bedroom. Columbia's year-over-year rent growth lags the state average of 1.6%, as well as the national average of 1.5%.

Rents rising across cities in South Carolina

Throughout the past year, rents have remained steady in the city of Columbia, but other cities across the entire state have seen rents increase. Of the largest 10 cities that we have data for in South Carolina, 8 of them have seen prices rise. The state as a whole logged rent growth of 1.6% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Mount Pleasant is the most expensive of all South Carolina's major cities, with a median two-bedroom rent of $1,580; of the 10 largest cities in South Carolina that we have data for, Rock Hill and Mount Pleasant, where two-bedrooms go for $970 and $1,580, are the only two major cities in the state to see rents fall year-over-year (-0.8% and -0.6%).
  • Greer, North Charleston, and Charleston have all experienced year-over-year growth above the state average (5.2%, 4.8%, and 3.6%, respectively).

Columbia rents more affordable than many large cities nationwide

Rent growth in Columbia has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Columbia is still more affordable than most large cities across the country.

  • Columbia's median two-bedroom rent of $960 is below the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the stagnant growth in Columbia.
  • While rents in Columbia remained moderately stable this year, similar cities saw increases, including Phoenix (+2.2%), Atlanta (+2.0%), and San Francisco (+1.5%); note that median 2BR rents in these cities go for $1,040, $1,170, and $3,070 respectively.
  • Renters will find more reasonable prices in Columbia than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than three times the price in Columbia.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.