Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
•11 min read
What to Know About
Living in Anderson, SC
Anderson, located in the northwest corner of South Carolina on the Piedmont Plateau, is the perfect size for those looking for a cozy, small-town feel with convenient access to all the amenities of larger cities. Experience the city's past and exciting present at Anderson County Museum, Electric City Playhouse, and Anderson's Arts Center. In addition, Anderson is home to excellent educational institutions, including Anderson University, Tri-County Technical College, and Southern Wesleyan University, making it a great place to pursue an education or to send a young one off to college.
The city has many outdoor activities, including hiking and fishing at Lake Hartwell, kayaking, canoeing on the Saluda River, and exploring the Blue Ridge Mountains. Anderson's food scene is incredibly diverse, offering something for everyone's taste buds, from classic Southern cuisine and barbecue to the wonders of Asian and Italian cuisine. Anderson is also renowned for its exciting events, such as the Carolina Wren Park Summer Concert Series, the South Carolina Apple Festival, and the Electric City Bluegrass Festival.
With its friendly community spirit, affordable cost of living, and cultural and recreational opportunities, Anderson is a great place to call home.
Rental Market Trends
Anderson, SC
As of June 2026, Anderson's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Anderson's average rent is 9.7% ($152) lower than the South Carolina average of $1,572 and 21.0% ($377) lower than the U.S. average of $1,797.
Average Rent
$1,420
Monthly ChangeMonth Over Month Change
21.2% ($248)
Yearly ChangeYear Over Year Change
1.8% ($25)
Avg. Days on MarketAverage Days on Market
35
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,029 | 2.6% ($26) | 2% ($21) |
| 2 Beds | $1,133 | 1.5% ($17) | 17.8% ($245) |
| 3 Beds | $1,421 | 0.8% ($12) | 12.1% ($196) |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Anderson Rental Market FAQs
Explore rental prices, market trends, and availability in Anderson, SC.
The average rent in Anderson, SC is $1,420 per month.
Homes in Anderson typically rent for between $720 and $1,847 per month, with an average of $1,420 per month.
In Anderson, the average rent for a 1-bedroom home is $1,029 per month, for a 2-bedroom home, $1,133 per month, and a 3-bedroom home is $1,421 per month.
The average rent in Anderson is 21% ($377) lower than the national average of $1,797 per month.
The average rent in Anderson has increased by 21.2% ($248) in the last month and increased by 1.8% ($25) over the past year.
The rental market in Anderson, SC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Anderson, SC, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 41 rental properties available in Anderson, SC.
Based on the current averages, a household would need an annual income of $45,320 to comfortably afford a 2-bedroom home in Anderson.
