South Carolina

Anderson, SC Rental Market

Anderson is a small but steady Upstate SC market positioned between Greenville and Clemson University. The city has a diverse mix of manufacturing, healthcare (AnMed Health), and retail employment, supplemented by demand from Clemson students and faculty in the surrounding area. Low home values create attractive entry points for first-time rental investors.

Get a rent estimate for an address in Anderson

Average Rent in Anderson, SC

$1,080

per month · 2026-06

+3.0% year-over-year

Market Score

6/10

Key Facts — Anderson, SC Rental Market

  • Average rent in Anderson, SC:$1,080/mo
  • Median rent:$995/mo
  • Rent range:$595 – $2,200/mo
  • Most common rental (2 bedrooms):$995/mo
  • Active listings:125
  • Avg days to lease:46 days
  • Year-over-year change:+3.0%
  • Median home value:$165,000
  • Est. gross annual yield:7.9%
  • Data as of:2026-06

Rent by Bedroom in Anderson, SC

Average monthly rent for each bedroom type based on current active listings in Anderson.

Bedroom TypeAvg Rent/mo
1 Bedroom
$775/mo
2 Bedrooms
$995/mo
3 Bedrooms
$1,200/mo
4 Bedrooms
$1,525/mo
5 Bedrooms
$1,900/mo

Anderson Rental Market Statistics

Key indicators from the current Anderson, SC rental market.

Active Listings

125

Available now in Anderson

Avg Days on Market

46

From list to lease

Rent per Sq Ft

$0.77

Average across listings

Avg Square Footage

1,410 sq ft

Typical rental size

Rent Range

$595 – $2,200

Min to max active listings

Year-over-Year Change

+3.0%

Avg rent vs. prior year

Investing in Anderson, SC Rental Properties

Estimated returns based on current market rents and median home values. Perform full due diligence before investing.

Median Home Value

$165,000

Typical purchase price in Anderson

Est. Gross Annual Yield

7.9%

Before expenses & vacancy

Avg Monthly Income

$1,080

At average market rent

Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Anderson for a full cash-flow breakdown including all costs.

Anderson, SC Rental Market FAQ

Common questions about renting and investing in Anderson, SC.

What is the average rent in Anderson, SC?

The average rent in Anderson, SC is $1,080 per month as of 2026. One-bedroom units average $775/mo, two-bedrooms $995/mo, and three-bedroom homes $1,200/mo — making Anderson one of the most affordable markets in the Upstate SC region.

Is Anderson, SC a good place to invest in rental property?

Anderson offers an estimated 7.9% gross yield with very low entry prices (median home value ~$165,000). The market is best suited for cash-flow focused investors who are comfortable with a smaller tenant pool and slightly longer lease-up times than larger Upstate markets.

How does proximity to Clemson University affect the Anderson rental market?

Clemson University is located approximately 12 miles from Anderson in neighboring Clemson, SC. Some Clemson students and faculty choose Anderson for more affordable housing, creating modest additional demand — particularly for 2-bedroom units — beyond Anderson's core employment-driven market.

How competitive is the Anderson, SC rental market?

Anderson has approximately 125 active listings and averages 46 days on market — one of the slower lease-up rates in Upstate SC. Pricing competitively is important in this market as tenants have multiple options. Well-maintained, updated properties lease faster.

How have rents changed in Anderson, SC recently?

Rents in Anderson, SC have increased approximately 3.0% year-over-year — in line with Upstate SC broadly. Growth is driven by steady employment and modest in-migration rather than explosive population growth.

ZIP codes in Anderson, SC

Rent data for 5 ZIP codes in Anderson, with average rent, bedroom breakdowns and local market detail.

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