City Report · SC

Fort Mill

Pop. 30,775·22nd most expensive in South Carolina·Fort Mill rents are up 6.5% over the past year
Median rent (all units)
$1,803/mo
Year-over-Year
+6.5%
Month-over-Month
+2.3%
vs US Median
-$162
Rising (Monthly)
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Most AffordableMost Expensive
Fort Mill · $1,803
More affordable than 53% of US cities · National median $1,965/mo
Rent Reality Score
59/100
Fairly priced
OverheatedFairGreat value

Rents are 5% below what Fort Mill's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,803/mo
Expected by trend
$1,892/mo
The Rent Reality Score compares today's median rent to where Fort Mill's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,620
1 BR
$1,677
2 BR
$1,863
3 BR
$2,370
4 BR+
$2,880
Research median
$1,863/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
$21,636/yr
At $1,803/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.5% YoY, +2.3% MoM), not inventory.
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Demographics

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.

Population
30,775
Median income
$121,823
Median age
38.4
Renters
16.6%
Age distribution
30.2%
14.3%
32.3%
12.5%
Under 1830.2%
18–3414.3%
35–5432.3%
55–6410.8%
65+12.5%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
72.4%
12.9%
White72.4%
Black12.9%
Hispanic5.6%
Asian5.5%
Other3.6%
Education (25+)
14.9%
24.8%
57.6%
No HS diploma2.7%
HS diploma14.9%
Some college24.8%
Bachelor's+57.6%
Housing tenure
83.4%
16.6%
Owner83.4%
Renter16.6%

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

2021 vs 2026

How Fort Mill, SC has changed in 5 years

Rent
$1,383 → $1,803
up 30.4%
Income
$120,665 → $121,823
up 1.0%
Population
24,069 → 30,775
up 27.9%
Renter share
14.8% → 16.6%
+1.8 pts
Bachelor's+
54.8% → 57.6%
+2.8 pts
Median age
36.4 → 38.4
+2.0 yrs

The median rent in Fort Mill, SC stood at $1,383 in 2021 and currently runs about $1,803, reflecting a 30.4% 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.

Community

Discussions about Fort Mill

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View Fort Mill rent history (2015–2026) →
Salary vs rent

Can you afford rent in Fort Mill on your salary?

At $1,803/mo, how Fort Mill rent compares to typical pay (30% rule).

By apartment size

Fort Mill rent by bedroom count

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

Local insights

Tips for renters in Fort Mill

About renting in Fort Mill, SC

Last updated: July 20, 2026

The median rent in Fort Mill is $1,803/mo as of July 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 18% of local median household income ($121,823/yr), Fort Mill ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.5% over the past year.

FAQ

Frequently asked questions

Is Fort Mill an affordable city for renters?

Fort Mill is considered very affordable for renters. At $1,803/mo, rent takes approximately 18% of the local median household income ($121,823/yr). The standard benchmark is 30%. Fort Mill falls comfortably within that range.

How much income do you need to rent in Fort Mill?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (~$35/hour full-time) to afford the median rent of $1,803/mo in Fort Mill. The local median household income is $121,823/yr, meaning the typical Fort Mill household meets that threshold.

Is rent going up or down in Fort Mill?

Rent in Fort Mill has increased 6.5% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Fort Mill neighborhoods have the lowest rent?

The most affordable ZIP codes in Fort Mill are 29707 ($1,774/mo), 29715 ($1,832/mo), and 29708 ($1,960/mo). Citywide, the median rent in Fort Mill is $1,803/mo.

How does Fort Mill rent compare to other cities in South Carolina?

Fort Mill is one of the pricier cities in South Carolina for rent, ranking #22 out of 67 tracked cities at $1,803/mo.

Which nearby cities are cheaper to rent in than Fort Mill?

Several nearby cities have lower median rents than Fort Mill ($1,803/mo): Rock Hill ($1,494/mo), Charlotte ($1,746/mo).

What percentage of Fort Mill residents rent vs. own?

According to Census data, approximately 16.6% of Fort Mill households are renters, while 83.4% are owner-occupied. Fort Mill leans toward homeownership, which can mean a smaller rental inventory.

How does Fort Mill rent compare to the national average?

Fort Mill's median rent of $1,803/mo is $162 (8%) below the US national median of $1,965/mo. Within South Carolina, it ranks #22 out of 67 tracked cities.
Income Affordability
18%
VERY AFFORDABLE

At $1,803/mo, rent takes ~18% of Fort Mill's median household income ($121,823/yr). The standard benchmark is 30%.

Fort Mill 18%Benchmark 30%
State income tax3–6.2%
Run the Fort Mill affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Fort Mill, SC

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