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City Report · SC

Pendleton

Pop. 3,594·49th most expensive in South Carolina·Rental market data updated monthly for Pendleton, SC
Median rent (all units)
$1,496/mo
Year-over-Year
Stable
Month-over-Month
+2.0%
vs US Median
-$469
Rising (Monthly)
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Most AffordableMost Expensive
Pendleton · $1,496
More affordable than 76% of US cities · National median $1,965/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $1,496/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$60,000/yr
Local median income
$61,901/yr
Based on the 30%-of-income rule using Pendleton's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$930
1 BR
$970
2 BR
$1,090
3 BR
$1,360
4 BR+
$1,770
Research median
$1,090/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
$17,952/yr
At $1,496/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +2.0% MoM), not inventory.
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Demographics

Who lives here

Pendleton, SC is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 50% of residents hold a bachelor's degree or higher.

Population
3,594
Median income
$61,901
Median age
40.4
Renters
47.3%
Age distribution
15%
31.1%
19.7%
13.4%
20.9%
Under 1815%
18–3431.1%
35–5419.7%
55–6413.4%
65+20.9%
Gender
41.9%
58.1%
Male41.9%
Female58.1%
Race & ethnicity
74%
19.1%
White74%
Black19.1%
Asian1.5%
Other5.5%
Education (25+)
16.6%
27.4%
50%
No HS diploma6%
HS diploma16.6%
Some college27.4%
Bachelor's+50%
Housing tenure
52.7%
47.3%
Owner52.7%
Renter47.3%

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

2021 vs 2026

How Pendleton, SC has changed in 5 years

Income
$52,784 → $61,901
up 17.3%
Population
3,447 → 3,594
up 4.3%
Renter share
42.8% → 47.3%
+4.5 pts
Bachelor's+
57.3% → 50%
-7.3 pts
Median age
42.3 → 40.4
-1.9 yrs

Median household income grew from $52,784 to $61,901 between 2021 and 2024, a 17.3% shift. Headcount in the area went from 3,447 to 3,594 between 2021 and 2024, a 4.3% change. About 47.3% of households rent today, against 42.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 57.3% to 50%.

Community

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

Can you afford rent in Pendleton on your salary?

At $1,496/mo, how Pendleton rent compares to typical pay (30% rule).

By apartment size

Pendleton rent by bedroom count

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

Local insights

Tips for renters in Pendleton

About renting in Pendleton, SC

Last updated: July 20, 2026

The median rent in Pendleton is $1,496/mo as of July 2026. A studio apartment averages $930/mo while a 2-bedroom runs $1,090/mo. One-bedroom apartments average $970/mo and 3-bedroom units go for $1,360/mo.

At 29% of local median household income ($61,901/yr), Pendleton ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Pendleton an affordable city for renters?

Pendleton is considered affordable for renters. At $1,496/mo, rent takes approximately 29% of the local median household income ($61,901/yr). The standard benchmark is 30%. Pendleton falls comfortably within that range.

How much income do you need to rent in Pendleton?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,496/mo in Pendleton. The local median household income is $61,901/yr, meaning the typical Pendleton household meets that threshold.

Is rent going up or down in Pendleton?

Rent in Pendleton has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

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

Pendleton is one of the more affordable cities in South Carolina for rent, ranking #49 out of 67 tracked cities at $1,496/mo.

Which nearby cities are cheaper to rent in than Pendleton?

Several nearby cities have lower median rents than Pendleton ($1,496/mo): Anderson ($1,264/mo), Central ($1,342/mo), Seneca ($1,493/mo).

What percentage of Pendleton residents rent vs. own?

According to Census data, approximately 47.3% of Pendleton households are renters, while 52.7% are owner-occupied. Pendleton leans toward homeownership, which can mean a smaller rental inventory.

How does Pendleton rent compare to the national average?

Pendleton's median rent of $1,496/mo is $469 (24%) below the US national median of $1,965/mo. Within South Carolina, it ranks #49 out of 67 tracked cities.
Income Affordability
29%
AFFORDABLE

At $1,496/mo, rent takes ~29% of Pendleton's median household income ($61,901/yr). The standard benchmark is 30%.

Pendleton 29%Benchmark 30%
State income tax3–6.2%
Run the Pendleton affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Pendleton, SC

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