The average monthly rent of apartments in Forest Acres, SC is $1,396.
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Rental prices in Forest Acres, SC have decreased by 1.41% over the past year. The average rent moved from $1,416 to $1,396.
Compared to the national average rent of $1,741, the average rent in Forest Acres, SC is $1,396.
The average monthly rent of apartments in Forest Acres, SC is $1,396.
About 24% of apartment rents in Forest Acres, SC range between $1,501-$2,000. Meanwhile, apartments around $2,001-$2,500 represent 7% of apartments. Around 59% of Columbia’s apartments are in the $1,001-$1,500 price range. 7% of apartments are priced ≤ $1000. A share of 3% of apartment rentals in Columbia are in the $2,501-$3,000 range.
The largest share of rentals in Forest Acres, SC (59%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Forest Acres, SC is $1,496.
The price range for a 1-bedroom apartment in Forest Acres, SC is between $640 and $900.
The price range for a 2-bedroom apartment in Forest Acres, SC is between $740 and $900.
In Forest Acres, 22% of the residents are renting compared to 78% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 21% of Forest Acres's rentals, 50% are small-scale complexes with under 50 units, and 27% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Forest Acres are about 34 years old, on average. Of these, 38% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 84% of the rental communities here are low-rise, garden-style communities, 16% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Studio apartments in Forest Acres are around 3% of rentals, while 1-bedroom floor plans represent 31% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 46% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
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