Best Places to Buy Rental Property in South Carolina (2026)
15 South Carolina cities ranked by entry price, $192,400 to $275,000, each with 100+ tracked closings inside the city limits.

There is no honest way to rank South Carolina cities by rental return without rent data, and this page does not have it. What it does have is transaction evidence: the median price homes actually closed at inside each city's limits, and how many closings happened. That answers the two questions that come before any cash flow analysis, what it costs to get in and whether you can get back out.
What this page measures, and what it does not
Every city below cleared at least 100 closings in its reporting window, which filters out markets too thin to read. They are ranked cheapest first by median closed price, from $192,400 to $275,000. You will not find rent estimates, rent-to-price ratios, cap rates, cash-on-cash projections or gross yield rankings here. Resideline does not have verified rent data for these cities, so publishing those numbers would be invention rather than analysis. Entry price and transaction volume are what the data supports. Every figure describes closings inside the city limits, not the wider postal area that shares the city's name. The two can differ a lot: a postal area usually reaches into surrounding townships, which pulls the median toward whatever those townships are worth. South Carolina's statewide median closed price is $340,000 across 56,564 tracked closings.
The rankings
| City | Median closed price | Closings tracked | Window |
|---|---|---|---|
| Gaffney | $192,400 | 198 | 12 months |
| Greenwood | $206,790 | 171 | 6 months |
| Spartanburg | $220,000 | 329 | 6 months |
| West Columbia | $239,000 | 249 | 12 months |
| Anderson | $249,000 | 347 | 6 months |
| Columbia | $255,000 | 705 | 6 months |
| Lancaster | $259,900 | 163 | 12 months |
| Seneca | $263,750 | 174 | 12 months |
| Florence | $263,950 | 372 | 6 months |
| Myrtle Beach | $265,000 | 1,247 | 6 months |
| Woodruff | $267,950 | 220 | 12 months |
| Sumter | $270,065 | 484 | 6 months |
| Little River | $271,750 | 374 | 6 months |
| Taylors | $275,000 | 227 | 6 months |
| Inman | $275,000 | 109 | 12 months |
1. Gaffney, $192,400, 198 closings
At $192,400 the entry price is about 57 percent of the South Carolina median. Resideline tracked 198 closings there over the last last 12 months, roughly 16 a month. About 97 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Gaffney market page.
2. Greenwood, $206,790, 171 closings
At $206,790 the entry price is about 61 percent of the South Carolina median. Resideline tracked 171 closings there over the last last six months, roughly 28 a month. About 87 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Greenwood market page.
3. Spartanburg, $220,000, 329 closings
At $220,000 the entry price is about 65 percent of the South Carolina median. Resideline tracked 329 closings there over the last last six months, roughly 55 a month. About 87 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Spartanburg market page.
4. West Columbia, $239,000, 249 closings
At $239,000 the entry price is about 70 percent of the South Carolina median. Resideline tracked 249 closings there over the last last 12 months, roughly 21 a month. About 92 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the West Columbia market page.
5. Anderson, $249,000, 347 closings
At $249,000 the entry price is about 73 percent of the South Carolina median. Resideline tracked 347 closings there over the last last six months, roughly 58 a month. About 81 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Anderson market page.
6. Columbia, $255,000, 705 closings
At $255,000 the entry price is about 75 percent of the South Carolina median. Resideline tracked 705 closings there over the last last six months, roughly 118 a month. About 80 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Columbia market page.
7. Lancaster, $259,900, 163 closings
At $259,900 the entry price is about 76 percent of the South Carolina median. Resideline tracked 163 closings there over the last last 12 months, roughly 14 a month. About 98 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Lancaster market page.
8. Seneca, $263,750, 174 closings
At $263,750 the entry price is about 78 percent of the South Carolina median. Resideline tracked 174 closings there over the last last 12 months, roughly 14 a month. About 94 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Seneca market page.
9. Florence, $263,950, 372 closings
At $263,950 the entry price is about 78 percent of the South Carolina median. Resideline tracked 372 closings there over the last last six months, roughly 62 a month. About 87 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Florence market page.
10. Myrtle Beach, $265,000, 1,247 closings
At $265,000 the entry price is about 78 percent of the South Carolina median. Resideline tracked 1,247 closings there over the last last six months, roughly 208 a month. Full detail is on the Myrtle Beach market page.
11. Woodruff, $267,950, 220 closings
At $267,950 the entry price is about 79 percent of the South Carolina median. Resideline tracked 220 closings there over the last last 12 months, roughly 18 a month. About 96 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Woodruff market page.
12. Sumter, $270,065, 484 closings
At $270,065 the entry price is about 79 percent of the South Carolina median. Resideline tracked 484 closings there over the last last six months, roughly 81 a month. About 93 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Sumter market page.
13. Little River, $271,750, 374 closings
At $271,750 the entry price is about 80 percent of the South Carolina median. Resideline tracked 374 closings there over the last last six months, roughly 62 a month. Full detail is on the Little River market page.
14. Taylors, $275,000, 227 closings
At $275,000 the entry price is about 81 percent of the South Carolina median. Resideline tracked 227 closings there over the last last six months, roughly 38 a month. Full detail is on the Taylors market page.
15. Inman, $275,000, 109 closings
At $275,000 the entry price is about 81 percent of the South Carolina median. Resideline tracked 109 closings there over the last last 12 months, roughly 9 a month. That is a thin market: both your comparable set and your eventual exit depend on a small buyer pool. About 98 percent of those closings are houses, so the figure describes that segment rather than every property type. This is a low-volume market, so treat the median as directional. Full detail is on the Inman market page.
How to use this list
Treat it as a shortlist, not an answer. A citywide median cannot price a specific address: property type, size, condition and location move a number far more than the city line does. Run any address on this list through Resideline for the comparable set behind its value.
Figures last updated August 23, 2026 from closings Resideline tracked.
Frequently Asked Questions
What is the cheapest South Carolina city to buy an investment property?
Of the 15 cities on this list, Gaffney has the lowest median closed price at $192,400, measured across 198 closings tracked inside the city limits.
Which affordable South Carolina market has the most transaction volume?
Myrtle Beach, with 1,247 tracked closings and a median closed price of $265,000. More closings means a deeper comparable set to price against.
Do these rankings include rent or cash flow figures?
No. Resideline does not have verified rent data for these cities, so this page ranks on entry price and transaction volume only. Publishing yields or cash-on-cash figures without rent data would be invention rather than analysis.
Do these figures cover the city or the wider postal area?
The city. Every median and count here describes closings inside the municipal boundary, which is usually a smaller and different footprint from the postal area that shares the name.
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