City Report · SC

Chapin

Pop. 1,394·3rd most expensive in South Carolina·Rental market data updated monthly for Chapin, SC
Median rent (all units)
$2,345/mo
Year-over-Year
Stable
Month-over-Month
+1.9%
vs US Median
+$380
Rising (Monthly)
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Most AffordableMost Expensive
Chapin · $2,345
More expensive than 74% of US cities · National median $1,965/mo
Affordability
35% of income
MODERATE
0%30% benchmark60%+

At $2,345/mo, rent takes about 35% of the local median household income, slightly above the 30% benchmark.

Income to afford
$94,000/yr
Local median income
$79,922/yr
Based on the 30%-of-income rule using Chapin's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,470
1 BR
$1,620
2 BR
$1,800
3 BR
$2,290
4 BR+
$2,750
Research median
$1,800/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$28,140/yr
At $2,345/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.9% MoM), not inventory.
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Demographics

Who lives here

Chapin, SC is majority owner-occupied, has a large retiree population, 34.7% of residents hold a bachelor's degree or higher.

Population
1,394
Median income
$79,922
Median age
43
Renters
13.6%
Age distribution
20.4%
18.1%
24.1%
15.6%
21.8%
Under 1820.4%
18–3418.1%
35–5424.1%
55–6415.6%
65+21.8%
Gender
47.4%
52.6%
Male47.4%
Female52.6%
Race & ethnicity
73.2%
16.1%
White73.2%
Black16.1%
Hispanic3.7%
Asian2.2%
Other4.9%
Education (25+)
26%
31.3%
34.7%
No HS diploma8%
HS diploma26%
Some college31.3%
Bachelor's+34.7%
Housing tenure
86.4%
13.6%
Owner86.4%
Renter13.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Chapin, SC has changed in 5 years

Income
$64,236 → $79,922
up 24.4%
Population
1,544 → 1,394
down 9.7%
Renter share
19.3% → 13.6%
-5.7 pts
Bachelor's+
30.1% → 34.7%
+4.6 pts
Median age
37.4 → 43
+5.6 yrs

Census figures show median household income at $79,922 today, compared with $64,236 five years earlier. Census counts show Chapin, SC losing about 150 residents over the five-year window, down 9.7% on net. The renter share has eased from 19.3% to 13.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 30.1% to 34.7% across the same window.

Community

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View Chapin rent history (2015–2026) →
Salary vs rent

Can you afford rent in Chapin on your salary?

At $2,345/mo, how Chapin rent compares to typical pay (30% rule).

By apartment size

Chapin rent by bedroom count

Median rent for each apartment size in Chapin. Click any size for full breakdown.

Local insights

Tips for renters in Chapin

About renting in Chapin, SC

Last updated: July 20, 2026

The median rent in Chapin is $2,345/mo as of July 2026. A studio apartment averages $1,470/mo while a 2-bedroom runs $1,800/mo. One-bedroom apartments average $1,620/mo and 3-bedroom units go for $2,290/mo.

At 35% of local median household income ($79,922/yr), Chapin ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Chapin an affordable city for renters?

Chapin is considered moderate for renters. At $2,345/mo, rent takes approximately 35% of the local median household income ($79,922/yr). The standard benchmark is 30%. Chapin slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Chapin?

To keep rent at or below 30% of gross income, you would need to earn at least $94,000/year (~$45/hour full-time) to afford the median rent of $2,345/mo in Chapin. The local median household income is $79,922/yr, meaning the typical Chapin household falls short of that threshold.

Is rent going up or down in Chapin?

Rent in Chapin has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Chapin rent compare to other cities in South Carolina?

Chapin is one of the pricier cities in South Carolina for rent, ranking #3 out of 67 tracked cities at $2,345/mo.

Which nearby cities are cheaper to rent in than Chapin?

Several nearby cities have lower median rents than Chapin ($2,345/mo): Newberry ($1,338/mo), Cayce ($1,633/mo), West Columbia ($1,703/mo).

What percentage of Chapin residents rent vs. own?

According to Census data, approximately 13.6% of Chapin households are renters, while 86.4% are owner-occupied. Chapin leans toward homeownership, which can mean a smaller rental inventory.

How does Chapin rent compare to the national average?

Chapin's median rent of $2,345/mo is $380 (19%) above the US national median of $1,965/mo. Within South Carolina, it ranks #3 out of 67 tracked cities.
Income Affordability
35%
MODERATE

At $2,345/mo, rent takes ~35% of Chapin's median household income ($79,922/yr). The standard benchmark is 30%.

Chapin 35%Benchmark 30%
State income tax3–6.2%
Run the Chapin affordability calculator →
Lowest-rent ZIP codes in Chapin
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Chapin, SC

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