Columbia rents and rental comps
The median asking rent across 12 Columbia zip codes is $1,532/month, down 0.9% from a year ago.
State capital, University of South Carolina, and Fort Jackson. Three stable demand drivers that don't correlate with each other. When one's slow, the others aren't. Affordable market with built-in diversification.
Median Asking Rent
$1,532
Rent Change (YoY)
-0.9%
Avg Days on Market
40
Active Rental Listings
1,522
Median List Price
$245,000
Median Asking Rent Over Time
Average across 12 zip codes
Median Asking Rent by ZIP Code
Rental Listings by ZIP Code
ZIP | Median Rent |
|---|---|
| 29229 | $1,949/mo |
| 29170 | $1,750/mo |
| 29209 | $1,700/mo |
| 29223 | $1,650/mo |
| 29212 | $1,625/mo |
| 29201 | $1,600/mo |
| 29204 | $1,495/mo |
| 29205 | $1,450/mo |
| 29169 | $1,400/mo |
| 29203 | $1,300/mo |
| 29206 | $1,299/mo |
| 29210 | $1,210/mo |
Comps for any address in Columbia
Type the address, get the comps. No setup.
Median Asking Rent by Bedroom
| Unit Size | Median Rent |
|---|---|
| Studio | $900/mo |
| 1 Bedroom | $1,028/mo |
| 2 Bedroom | $1,263/mo |
| 3 Bedroom | $1,800/mo |
| 4 Bedroom | $2,135/mo |
Aggregated median across all Columbia zip codes with available data.
For-Sale Listings by ZIP Code
| ZIP | Median List Price |
|---|---|
| 29206 | $385,000 |
| 29205 | $355,000 |
| 29201 | $295,000 |
| 29229 | $274,990 |
| 29212 | $272,000 |
| 29170 | $264,000 |
| 29209 | $245,000 |
| 29169 | $239,999 |
| 29223 | $225,000 |
| 29204 | $212,500 |
| 29210 | $199,999 |
| 29203 | $180,500 |
| 29208 | $15,000 |
HUD Fair Market Rents
| Unit Size | Fair Market Rent |
|---|---|
| Studio | $1,390/mo |
| 1 Bedroom | $1,570/mo |
| 2 Bedroom | $1,720/mo |
| 3 Bedroom | $2,190/mo |
| 4 Bedroom | $2,580/mo |
HUD publishes Fair Market Rents once a year for the Columbia metro area. Local housing authorities use them to set Section 8 voucher payment standards, usually 90% to 110% of the FMR.
About the Columbia rental market
The median asking rent across Columbia, SC sits at $1,532/month, pulled from active rental listings in 12 zip codes. That's down 0.9% from a year ago.
Rents aren't uniform across the city. ZIP 29229 tops the list at $1,949/month. ZIP 29210 comes in lowest at $1,210/month. That's a 61% spread between the top and bottom zip codes, which is wide. City-wide averages won't tell you much about a specific property here.
A 2-bedroom rents for $1,263/month at the median. 1-bedrooms run about $1,028. 3-bedrooms come in around $1,800.
Listings take longer here. The average is 40 days on market, which gives renters more room to negotiate and means landlords should price carefully.
Gross rent-to-value lands around 7.5% ($1,532/month rent on a $245,000 median price). Middle of the pack for cash-flow markets.
HUD's Fair Market Rent for a 2-bedroom in the Columbia metro is $1,720/month. Asking rents come in about 11% below the federal benchmark, which can make Section 8 properties competitive here.
Columbia runs on three engines: state capital (government jobs), University of South Carolina (student renters and university employment), and Fort Jackson (the Army's largest basic training installation). That mix gives you multiple renter populations that don't move together. The Vista, Five Points, and Shandon are premium. West Columbia and the northeast side are cheaper. South Carolina stays landlord-friendly. Not glamorous, but demand is consistent and entry points are low. Quietly works for investors focused on steady cash flow over appreciation.
These numbers are city-wide averages. If you're pricing a specific property in Columbia, pull comps from the same zip code. The spread is usually bigger than people expect.
Pull rental comps for an address in Columbia
City-wide medians are the headline. The comps that actually price a property come from the block it's on. Search any Columbia address to see them.
Nearby rental markets
Charleston, SC
12 zip codes
Greenville, SC
13 zip codes
Nashville, TN
17 zip codes
Atlanta, GA
20 zip codes
Charlotte, NC
17 zip codes
Raleigh, NC
15 zip codes
Related guides
How to find rental comps
What rental comps actually are, what makes one good or weak, and how to use them to price a rental without guessing.
What is fair market rent?
What HUD's fair market rent actually means, how it ties into Section 8, and when it should change how you price a rental.
How Section 8 payment standards work
The three numbers landlords mix up, the 90 to 110 percent band, and a worked example of what the voucher actually pays.