City Report · SC

Conway

Pop. 27,263·17th most expensive in South Carolina·Rental market data updated monthly for Conway, SC
Median rent (all units)
$1,826/mo
Year-over-Year
+1.6%
Month-over-Month
+0.4%
vs US Median
-$106
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Conway · $1,826
More affordable than 51% of US cities · National median $1,932/mo
Rent Reality Score
53/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Conway's 10-year trend predicts.

Actual rent
$1,826/mo
Expected by trend
$1,853/mo
The Rent Reality Score compares today's median rent to where Conway's own long-run trajectory projects it should be. See the full rankings →
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
Fair Market Rent (HUD)
$1,240/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,826 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 →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Conway is at its highest level since Zillow's records here began in October 2023.

Past year vs. the rest of South Carolina

Rent in Conway changed +1.6% over the year to September 2026. Across the 54 South Carolina cities Zillow tracks, the typical change was +3.1%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($56,650) is $1,416 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,240); a 3-bedroom is $1,565.

Cheaper nearby

Surfside Beach, 14 miles away, rents for 12% less ($1,612/mo), about $2,600 a year in savings.

From Zillow's monthly rent index (ZORI) for Conway. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$21,912/yr
At $1,826/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.6% YoY, +0.4% 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

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

Can you afford rent in Conway on your salary?

At $1,826/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: October 17, 2026

The median rent in Conway is $1,826/mo as of October 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 39% of local median household income ($56,650/yr), Conway ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.

FAQ

Frequently asked questions

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 $73,000/year (about $35/hour full-time) to afford the median rent of $1,826/mo in Conway. The local median household income is $56,650/yr, so the typical household falls short of that bar.

Is rent going up or down in Conway?

Rent in Conway has risen 1.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in October 2023.

Which Conway neighborhoods have the lowest rent?

The most affordable ZIP codes in Conway are 29527 ($1,800/mo), and 29526 ($1,809/mo). Citywide, the median rent is $1,826/mo.

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

Conway is one of the pricier among South Carolina cities for rent, ranking #17 of 62 tracked cities at $1,826/mo. Over the year to September 2026, rent in Conway changed +1.6%, against a typical +3.1% across the 54 South Carolina cities Zillow tracks.

Which nearby cities are cheaper to rent in than Conway?

Nearby cities with lower median rent than Conway ($1,826/mo) include Surfside Beach ($1,612/mo), and Myrtle Beach ($1,697/mo).
Income Affordability
39%
MODERATE

At $1,826/mo, rent takes ~39% of Conway's median household income ($56,650/yr). The standard benchmark is 30%.

Conway 39%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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