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City Report · SC

Conway

Pop. 27,263·26th most expensive in South Carolina·Rental market data updated monthly for Conway, SC
Median rent (all units)
$1,763/mo
Year-over-Year
+3.9%
Month-over-Month
+4.4%
vs US Median
-$202
Rising (Monthly)
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Most AffordableMost Expensive
Conway · $1,763
More affordable than 56% of US cities · National median $1,965/mo
Affordability
37% of income
MODERATE
0%30% benchmark60%+

At $1,763/mo, rent takes about 37% of the local median household income, slightly above the 30% benchmark.

Income to afford
$71,000/yr
Local median income
$56,650/yr
Based on the 30%-of-income rule using Conway's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,010
1 BR
$1,070
2 BR
$1,240
3 BR
$1,565
4 BR+
$1,825
Research median
$1,240/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
$21,156/yr
At $1,763/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.9% YoY, +4.4% MoM), not inventory.
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Demographics

Who lives here

Conway, SC is majority owner-occupied, skews toward younger working-age adults, has a median income below the national average, 19.6% of residents hold a bachelor's degree or higher.

Population
27,263
Median income
$56,650
Median age
32.5
Renters
34.6%
Age distribution
16.9%
35.6%
18.7%
16.8%
Under 1816.9%
18–3435.6%
35–5418.7%
55–6411.9%
65+16.8%
Gender
45.2%
54.8%
Male45.2%
Female54.8%
Race & ethnicity
63%
25%
White63%
Black25%
Hispanic5.4%
Asian1.8%
Other4.8%
Education (25+)
31.2%
37.6%
19.6%
No HS diploma11.6%
HS diploma31.2%
Some college37.6%
Bachelor's+19.6%
Housing tenure
65.4%
34.6%
Owner65.4%
Renter34.6%

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

2021 vs 2026

How Conway, SC has changed in 5 years

Income
$44,976 → $56,650
up 26.0%
Population
22,001 → 27,263
up 23.9%
Renter share
37.2% → 34.6%
-2.6 pts
Bachelor's+
17% → 19.6%
+2.6 pts
Median age
35.6 → 32.5
-3.1 yrs

Census figures show median household income at $56,650 today, compared with $44,976 five years earlier. The population has grown by 23.9% since 2021, moving from about 22,001 residents to roughly 27,263. Renters now make up 34.6% of households, compared with 37.2% five years ago. College-educated residents now make up 19.6% of adults here, versus 17% in 2021.

Community

Discussions about Conway

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

Can you afford rent in Conway on your salary?

At $1,763/mo, how Conway rent compares to typical pay (30% rule).

By apartment size

Conway rent by bedroom count

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

Local insights

Tips for renters in Conway

About renting in Conway, SC

Last updated: July 20, 2026

The median rent in Conway is $1,763/mo as of July 2026. A studio apartment averages $1,010/mo while a 2-bedroom runs $1,240/mo. One-bedroom apartments average $1,070/mo and 3-bedroom units go for $1,565/mo.

At 37% of local median household income ($56,650/yr), Conway ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.9% over the past year.

FAQ

Frequently asked questions

Is Conway an affordable city for renters?

Conway is considered moderate for renters. At $1,763/mo, rent takes approximately 37% of the local median household income ($56,650/yr). The standard benchmark is 30%. Conway slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Conway?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,763/mo in Conway. The local median household income is $56,650/yr, meaning the typical Conway household falls short of that threshold.

Is rent going up or down in Conway?

Rent in Conway has increased 3.9% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Conway neighborhoods have the lowest rent?

The most affordable ZIP codes in Conway are 29527 ($1,712/mo), and 29526 ($1,764/mo). Citywide, the median rent in Conway is $1,763/mo.

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

Conway is middle-of-the-pack for South Carolina for rent, ranking #26 out of 67 tracked cities at $1,763/mo.

Which nearby cities are cheaper to rent in than Conway?

Several nearby cities have lower median rents than Conway ($1,763/mo): Surfside Beach ($1,578/mo), Myrtle Beach ($1,676/mo).

What percentage of Conway residents rent vs. own?

According to Census data, approximately 34.6% of Conway households are renters, while 65.4% are owner-occupied. Conway leans toward homeownership, which can mean a smaller rental inventory.

How does Conway rent compare to the national average?

Conway's median rent of $1,763/mo is $202 (10%) below the US national median of $1,965/mo. Within South Carolina, it ranks #26 out of 67 tracked cities.
Income Affordability
37%
MODERATE

At $1,763/mo, rent takes ~37% of Conway's median household income ($56,650/yr). The standard benchmark is 30%.

Conway 37%Benchmark 30%
State income tax3–6.2%
Run the Conway affordability calculator →
Lowest-rent ZIP codes in Conway
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Conway, SC

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