How many apartments are available in 29045 on Rentable.co?
Rentable.co has 19 apartments available for rent in 29045.
What is the average rent for an apartment in 29045?
The average rent for an apartment in 29045 is around $2,100 per month.
What is the average rent for a two-bedroom apartment in 29045?
The average rent for a two-bedroom apartment in 29045 is around $1,222 per month.
Find an Apartment in 29045
If you're in search of apartments for rent in 29045 Elgin, SC, look no further! Rentable has a variety of options available for you. Currently, there are 22 units ready to be rented in the 29045 zip code. The average rent in this area is $2,100, and you can find 2-bedroom units starting at just $990.
Located in Elgin, SC, the 29045 zip code offers many amenities and community features for residents to enjoy. Nearby, you'll find beautiful parks where you can relax and unwind, as well as shopping and dining options. Whether you're looking for a cozy studio or a spacious townhouse, you're sure to find the perfect rental in this area.
Take a look at Rentable's apartments near 29045 and discover the ideal home that meets your needs. With a variety of options available and affordable rents, you'll be able to find the perfect place to call home in Elgin, SC.
Elgin: May Rent Report
Welcome to the May 2024 Elgin Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
May 2024 key findings and figures for the Elgin rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Elgin and surrounding areas and provide comparisons to the entire metro area, nearby cities and
some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of
Elgin average rent prices in the chart below.
Monthly Rent Report
$1,400
$1,050
$700
$350
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR2 BR
Elgin Rent Prices Increase From April to May
Elgin rent prices increased over the last month. From April to May, the city experienced a 6.22% increase for the price of a one-bedroom apartment. The rent price for a Elgin one-bedroom apartments currently stands at $974.0.
When we take a look at the two-bedroom comparison from April to May, Elgin experienced a 2.29% increase for the price of a two-bedroom apartment. The rent price for a Elgin two-bedroom apartments currently stands at $1,028.0.
May Prices: Elgin vs. Surrounding Areas
Rent Prices in Elgin and Surrounding Areas
Rent prices have increased in Elgin over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Elgin suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Elgin suburbs
Rents did not decrease in any of the Elgin suburbs.
May 2024 Pricing Trends: Elgin vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent
Elgin Rent Prices More Affordable Than Major Cities
Rent growth in Elgin over the past year has been
on the rise. When compared to major cities nearby, along
with some of the most expensive cities in the country, Elgin average rent prices appear to be
relatively affordable for local residents.
The price for a Elgin one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Elgin and surrounding area rent prices, take a look at the complete data set below.
Data set for Elgin and suburbs
1 BR May
1 BR M/M % Change
2 BR May
2 BR M/M % Change
Methodology
Each month, using over 1 million Rentable listings across the United States, we calculate the median
1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To
avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and
property count thresholds.