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These days, finding an affordable place to live in the Bamberg area can be challenging. Home prices in Bamberg are now at a median cost of $149,991, lower than the South Carolina average of $296,593.
The average cost of rent is $817/mo in Bamberg, primarily driven by the current value of real estate in the Bamberg area. In Bamberg, 26.56% of households rent, and 53.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bamberg is $4,730 per month. Households that rent pay about 17.27% of their income on rent here. Bamberg’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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- Country Lake Estates, NJ: higher priced homes
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