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These days, finding an affordable place to live in the Effingham area can be challenging. Home prices in Effingham are now at a median cost of $177,654, lower than the South Carolina average of $296,593.
The average cost of rent is $969/mo in Effingham, primarily driven by the current value of real estate in the Effingham area. In Effingham, 19.65% of households rent, and 50.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Effingham is $4,776 per month. Households that rent pay about 20.28% of their income on rent here. Effingham’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Danwood, SC: less expensive homes
- Peniel Crossroads, SC: equally priced homes
- Florence, SC: higher priced homes
- Coward, SC: less expensive homes
- Ebenezer, SC: higher priced homes
- Timmonsville, SC: less expensive homes
- Hyman, SC: less expensive homes
- Orum, SC: less expensive homes
- Sardis, SC: less expensive homes
- Scranton, SC: less expensive homes
Cities with Similar Populations
- Edgewood, KY: higher priced homes
- Elkmont, AL: higher priced homes
- Elkin, NC: equally priced homes
- Elizabeth, PA: equally priced homes
- Eldridge, IA: higher priced homes
- Eldon, MO: equally priced homes
- Whitehall, MI: higher priced homes
- Elbert, CO: higher priced homes
- Eidson Road, TX: less expensive homes
- Whitehall, PA: higher priced homes
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