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City Report · SC

Forest Acres

Pop. 10,530·64th most expensive in South Carolina·Forest Acres rents have dropped 20.4%, currently a renter's market
Median rent (all units)
$1,193/mo
Year-over-Year
-20.4%
Month-over-Month
-5.1%
vs US Median
-$772
Falling (Monthly)
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Most AffordableMost Expensive
Forest Acres · $1,193
More affordable than 93% of US cities · National median $1,965/mo
Affordability
18% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,193/mo, rent takes about 18% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$48,000/yr
Local median income
$78,306/yr
Based on the 30%-of-income rule using Forest Acres's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$3,501
1 BR
$1,189
2 BR
$1,189
3 BR
$1,480
Research median
$1,189/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
$14,316/yr
At $1,193/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 20.4% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-20.4% YoY, -5.1% MoM), not inventory.
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Demographics

Who lives here

Forest Acres, SC is majority owner-occupied, has a large retiree population, 62% of residents hold a bachelor's degree or higher.

Population
10,530
Median income
$78,306
Median age
41.5
Renters
22.5%
Age distribution
20.7%
19.4%
26.3%
22.6%
Under 1820.7%
18–3419.4%
35–5426.3%
55–6410.9%
65+22.6%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
79%
12.9%
White79%
Black12.9%
Hispanic1.7%
Asian1.8%
Other4.6%
Education (25+)
26.2%
62%
No HS diploma4.1%
HS diploma7.7%
Some college26.2%
Bachelor's+62%
Housing tenure
77.5%
22.5%
Owner77.5%
Renter22.5%

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

2021 vs 2026

How Forest Acres, SC has changed in 5 years

Income
$67,575 → $78,306
up 15.9%
Population
10,621 → 10,530
down 0.9%
Renter share
23.8% → 22.5%
-1.3 pts
Bachelor's+
62.7% → 62%
-0.7 pts
Median age
37.8 → 41.5
+3.7 yrs

Local incomes tracked alongside that move, going from a median of $67,575 in 2021 to $78,306 more recently.

Community

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View Forest Acres rent history (2015–2026) →
Salary vs rent

Can you afford rent in Forest Acres on your salary?

At $1,193/mo, how Forest Acres rent compares to typical pay (30% rule).

By apartment size

Forest Acres rent by bedroom count

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

Local insights

Tips for renters in Forest Acres

About renting in Forest Acres, SC

Last updated: July 20, 2026

The median rent in Forest Acres is $1,193/mo as of July 2026. A studio apartment averages $3,501/mo while a 2-bedroom runs $1,189/mo. One-bedroom apartments average $1,189/mo and 3-bedroom units go for $1,480/mo.

At 18% of local median household income ($78,306/yr), Forest Acres ranks as affordable compared to the national benchmark of 30%. Rents have decreased 20.4% over the past year.

FAQ

Frequently asked questions

Is Forest Acres an affordable city for renters?

Forest Acres is considered very affordable for renters. At $1,193/mo, rent takes approximately 18% of the local median household income ($78,306/yr). The standard benchmark is 30%. Forest Acres falls comfortably within that range.

How much income do you need to rent in Forest Acres?

To keep rent at or below 30% of gross income, you would need to earn at least $48,000/year (~$23/hour full-time) to afford the median rent of $1,193/mo in Forest Acres. The local median household income is $78,306/yr, meaning the typical Forest Acres household meets that threshold.

Is rent going up or down in Forest Acres?

Rent in Forest Acres has decreased 20.4% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Forest Acres rent compare to other cities in South Carolina?

Forest Acres is one of the more affordable cities in South Carolina for rent, ranking #64 out of 67 tracked cities at $1,193/mo.

What percentage of Forest Acres residents rent vs. own?

According to Census data, approximately 22.5% of Forest Acres households are renters, while 77.5% are owner-occupied. Forest Acres leans toward homeownership, which can mean a smaller rental inventory.

How does Forest Acres rent compare to the national average?

Forest Acres's median rent of $1,193/mo is $772 (39%) below the US national median of $1,965/mo. Within South Carolina, it ranks #64 out of 67 tracked cities.
Income Affordability
18%
VERY AFFORDABLE

At $1,193/mo, rent takes ~18% of Forest Acres's median household income ($78,306/yr). The standard benchmark is 30%.

Forest Acres 18%Benchmark 30%
State income tax3–6.2%
Run the Forest Acres affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Forest Acres, SC

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