How many apartments are available in 29720 on Rentable.co?
Rentable.co has 14 apartments available for rent in 29720.
What is the average rent for an apartment in 29720?
The average rent for an apartment in 29720 is around $1,080 per month.
What is the average rent for a two-bedroom apartment in 29720?
The average rent for a two-bedroom apartment in 29720 is around $1,050 per month.
Find an Apartment in 29720
Are you searching for apartments for rent in the 29720 zip code of Lancaster, SC? Look no further! Currently, there are 16 units available for rent in this area on Rentable. The average rent in 29720 is $1,080, and you can find 2-bedroom units starting at $565.
Lancaster, SC offers a variety of amenities and points of interest for its residents. Nearby, you can enjoy the beauty of Springdale Park and enjoy outdoor activities such as walking, jogging, or picnicking. Additionally, the community boasts convenient access to local schools, healthcare facilities, and shopping centers, making it a desirable location for those seeking convenience and comfort.
If you're searching for apartments near 29720, take a look at Rentable's listings in Lancaster, SC. Our comprehensive database will help you find the perfect rental that suits your needs and preferences. With multiple floor plans, affordable options, and a range of available units, you're bound to find your next home in the 29720 zip code.
Lancaster: April Rent Report
Welcome to the April 2024 Lancaster Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
April 2024 key findings and figures for the Lancaster rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Lancaster 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
Lancaster average rent prices in the chart below.
Monthly Rent Report
$1,100
$830
$550
$280
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR2 BR
Lancaster Rent Prices Increase From March to April
Lancaster rent prices increased over the last month. From March to April, the city experienced a 0.14% increase for the price of a one-bedroom apartment. The rent price for a Lancaster one-bedroom apartments currently stands at $719.0.
When we take a look at the two-bedroom comparison from March to April, Lancaster experienced a 3.94% increase for the price of a two-bedroom apartment. The rent price for a Lancaster two-bedroom apartments currently stands at $1,002.0.
April Prices: Lancaster vs. Surrounding Areas
Rent Prices in Lancaster and Surrounding Areas
Rent prices have increased in Lancaster 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 Lancaster 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 Lancaster suburbs
Rents did not decrease in any of the Lancaster suburbs.
April 2024 Pricing Trends: Lancaster vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent
Lancaster Rent Prices More Affordable Than Major Cities
Rent growth in Lancaster 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, Lancaster average rent prices appear to be
relatively affordable for local residents.
The price for a Lancaster 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 Lancaster and surrounding area rent prices, take a look at the complete data set below.
Data set for Lancaster and suburbs
1 BR April
1 BR M/M % Change
2 BR April
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.