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Elgin, SC

Full City Profile · South Carolina · Richland County County

3.2 /5.0
B Good
2,258 Population 2,091/sq mi density
$74,167 Median Income $32,360 per capita
$177,700 Home Value $293,948 Zillow
$744 Median Rent 36.7% income on rent
64°F Avg Temperature 310 sunny days/yr
372 Violent Crime/100K 4,715 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$74,167 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$177,700 home value, $744/mo rent
F
Safety
1.0 / 5.0
372 violent crimes/100K
C
Education
2.4 / 5.0
17.4% bachelor's degree or higher

Housing Overview

Median Home Value
$177,700
37% below
US avg: $281,900
Median Rent
$744/mo
36% below
US avg: $1,163/mo
Homeownership Rate
85.8%
31% above US avg (65.4%)
Total Housing Units
708
Median year built: 1996

Home Value by Source

Census Median
$177,700
Zillow (ZHVI)
$293,948
Median Sale Price
$222,000
Median List Price
$300,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

85.8%
Owner-Occupied
14.2%
Renter-Occupied
86%
14%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$928/mo
1 Bedroom
$982/mo
2 Bedroom
$1,155/mo
3 Bedroom
$1,450/mo
4 Bedroom
$1,699/mo
Census median rent: $744/mo · Zillow rent: $1,765/mo

Market Indicators (Redfin)

Median Days on Market
195 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$217
Active Inventory
12
homes for sale

Affordability & Housing Stock

Rent Burden
36.7%
of renters spending 30%+ of income on housing
18% above US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
85.8%

Complete Housing Data

Home Values

Census Median Value$177,700
Zillow Home Value (ZHVI)$293,948
Median Sale Price$222,000
Median List Price$300,000
Price Per Sq Ft$217

Rent

Census Median Rent$744
Zillow Rent (ZORI)$1,765
FMR Studio$928
FMR 1-Bedroom$982
FMR 2-Bedroom$1,155
FMR 3-Bedroom$1,450
FMR 4-Bedroom$1,699

Market

Days on Market195
Sale-to-List Ratio1.0%
Price Drops50.0%
Homes Sold1
Active Inventory12
Price Per Sq Ft$217

Ownership & Stock

Owner-Occupied85.8%
Renter-Occupied14.2%
Homeownership Rate85.8%
Total Housing Units708
Median Year Built1996
Rent Burden36.7%