Elgin, SC

Full City Profile · South Carolina · Richland County County

3.3 /5.0
B Good
2,176 Population 2,091/sq mi density
$84,219 Median Income $33,571 per capita
$204,300 Home Value $299,844 Zillow
$1,288 Median Rent 36.7% income on rent
64°F Avg Temperature
424 Violent Crime/100K 5,394 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$84,219 median income, 5.0% unemployment
A+
Affordability
5.0 / 5.0
$204,300 home value, $1,288/mo rent
F
Safety
1.0 / 5.0
424 violent crimes/100K (12% above avg)
B
Education
3.1 / 5.0
26.1% bachelor's degree or higher

Housing Overview

Median Home Value
$204,300
28% below
US avg: $281,900
Median Rent
$1,288/mo
11% above
US avg: $1,163/mo
Homeownership Rate
90.4%
38% above US avg (65.4%)
Total Housing Units
708
Median year built: 1996

Home Value by Source

Census Median
$204,300
Zillow (ZHVI)
$299,844
Redfin Median Sale
$222,000
Median Sale Price
$222,000
Median List Price
$300,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

90.4%
Owner-Occupied
9.6%
Renter-Occupied
90%
10%
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: $1,288/mo · Zillow rent: $1,765/mo

Market Indicators (Redfin)

Median Sale Price
$222,000
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
90.4%

Complete Housing Data

Home Values

Census Median Value$204,300
Zillow Home Value (ZHVI)$299,844
Redfin Median Sale$222,000
Median Sale Price$222,000
Median List Price$300,000
Price Per Sq Ft$217

Rent

Census Median Rent$1,288
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-Occupied90.4%
Renter-Occupied9.6%
Homeownership Rate90.4%
Total Housing Units708
Median Year Built1996
Rent Burden36.7%