Rents are 5% below what Fort Mill'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 $1,748 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
November. Asking rents in Fort Mill usually run 0.6% below trend in November and 0.9% above it in May, about $26 a month apart at today's median. Based on 6 years of data.
Rent in Fort Mill is at its highest level since Zillow's records here began in October 2020.
Rent in Fort Mill changed +3.3% over the year to September 2026. Across the 54 South Carolina cities Zillow tracks, the typical change was +3.1%.
Rent has risen 5 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($121,823) is $3,046 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,880).
The priciest of 3 ZIP codes in Fort Mill, 29708 ($1,777/mo), costs 2% more than the cheapest, 29707 ($1,739/mo).
Pineville, NC, 6 miles away, rents for 12% less ($1,534/mo), about $2,600 a year in savings.
From Zillow's monthly rent index (ZORI) for Fort Mill. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. 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
Fort Mill, SC is majority owner-occupied, has a large share of families with children, has a median income above the national average, 57.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Fort Mill, SC has changed in 5 years
The median rent in Fort Mill, SC stood at $1,378 in 2021 and currently runs about $1,748, reflecting a 26.9% increase over the period. Local incomes tracked alongside that move, going from a median of $120,665 in 2021 to $121,823 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 27.9% since 2021, moving from about 24,069 residents to roughly 30,775. Renters now make up 16.6% of households, compared with 14.8% five years ago. College-educated residents now make up 57.6% of adults here, versus 54.8% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Fort Mill, SC market of 2021.
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At $1,748/mo, how Fort Mill rent compares to typical pay (30% rule).
Fort Mill rent by bedroom count
Median rent for each apartment size in Fort Mill. Click any size for full breakdown.
Tips for renters in Fort Mill
Last updated: October 17, 2026
The median rent in Fort Mill is $1,748/mo as of October 2026. A studio apartment averages $1,620/mo while a 2-bedroom runs $1,863/mo. One-bedroom apartments average $1,677/mo and 3-bedroom units go for $2,370/mo.
At 17% of local median household income ($121,823/yr), Fort Mill ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.3% over the past year.
Frequently asked questions
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How does Fort Mill rent compare to other cities in South Carolina?
At $1,748/mo, rent takes ~17% of Fort Mill's median household income ($121,823/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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