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These days, finding an affordable place to live in the Downtown Columbia area can be challenging. Home prices in Downtown Columbia are now at a median cost of $252,890, higher than the Columbia average of $247,829.
The average cost of rent is $1,436/mo in Downtown Columbia, primarily driven by the current value of real estate in the Downtown Columbia area. In Downtown Columbia, 89.01% of households rent, and 63.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Columbia is $2,623 per month. Households that rent pay about 54.75% of their income on rent here. Downtown Columbia’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- The Congaree Vista, Columbia, SC: higher priced homes
- Three Points, Columbia, SC: equally priced homes
- East Augusta, Augusta, GA: less expensive homes
- National Hills, Augusta, GA: less expensive homes
- West Side, Augusta, GA: less expensive homes
- Summerville, Augusta, GA: higher priced homes
- West Augusta, Augusta, GA: higher priced homes
- Highland Park, Augusta, GA: less expensive homes
- Forrest Hills, Augusta, GA: equally priced homes
- Montclair, Augusta, GA: less expensive homes
Neighborhoods with Similar Populations
- Cedar Hills, Cedar Rapids, IA: less expensive homes
- Avondale, Jacksonville, FL: higher priced homes
- Becks Park, Chicago, IL: less expensive homes
- Beechwood, Rochester, NY: less expensive homes
- Plaza Terrace, Tampa, FL: higher priced homes
- Harvest Bend, Houston, TX: equally priced homes
- Northeast MacFarlane, Tampa, FL: higher priced homes
- North Indian Trail, Spokane, WA: higher priced homes
- Murray Hill, Jacksonville, FL: equally priced homes
- Moreland, Chicago, IL: less expensive homes
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