Rents are 2% below what Anderson's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,308 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Anderson is at its highest level since Zillow's records here began in January 2022.
Rent in Anderson changed +3.1% over the year to September 2026. Across the 54 South Carolina cities Zillow tracks, the typical change was +3.1%.
Rent has risen 4 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($46,933) is $1,173 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($985); a 3-bedroom is $1,243.
The priciest of 3 ZIP codes in Anderson, 29621 ($1,381/mo), costs 10% more than the cheapest, 29625 ($1,253/mo).
From Zillow's monthly rent index (ZORI) for Anderson. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Anderson, SC is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 28.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Anderson, SC has changed in 5 years
Compared with 2022, rent in Anderson, SC has climbed by $228 per month, settling near $1,308 after starting the period at $1,080. Median household income grew from $37,439 to $46,933 between 2021 and 2024, a 25.4% shift. Income growth outran rent by about 4.3 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 28,796 to 30,051 between 2021 and 2024, a 4.4% change. About 48.9% of households rent today, against 51.3% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 24% to 28.3%. Taken together, the five-year picture in Anderson, SC reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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At $1,308/mo, how Anderson rent compares to typical pay (30% rule).
Anderson rent by bedroom count
Median rent for each apartment size in Anderson. Click any size for full breakdown.
Tips for renters in Anderson
Last updated: October 17, 2026
The median rent in Anderson is $1,308/mo as of October 2026. A studio apartment averages $815/mo while a 2-bedroom runs $985/mo. One-bedroom apartments average $818/mo and 3-bedroom units go for $1,243/mo.
At 33% of local median household income ($46,933/yr), Anderson ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.1% over the past year.
Frequently asked questions
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Which Anderson neighborhoods have the lowest rent?
How does Anderson rent compare to other cities in South Carolina?
Which nearby cities are cheaper to rent in than Anderson?
At $1,308/mo, rent takes ~33% of Anderson's median household income ($46,933/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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