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Affordable
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These days, finding an affordable place to live in the Lake Murray Shores area can be challenging. Home prices in Lake Murray Shores are now at a median cost of $391,538, higher than the South Carolina average of $296,593.
The average cost of rent is $1,296/mo in Lake Murray Shores, primarily driven by the current value of real estate in the Lake Murray Shores area. In Lake Murray Shores, 11.69% of households rent, and 51.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Murray Shores is $6,356 per month. Households that rent pay about 20.39% of their income on rent here. Lake Murray Shores’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Prosperity, SC: less expensive homes
- Stoney Hill, SC: less expensive homes
- Little Mountain, SC: less expensive homes
- Chapin, SC: equally priced homes
- Gilbert, SC: less expensive homes
- Leesville, SC: less expensive homes
- Mount Willing, SC: less expensive homes
- Summit, SC: less expensive homes
- Batesburg-Leesville, SC: less expensive homes
- Lake Murray of Richland, SC: equally priced homes
Cities with Similar Populations
- Fort Myer, VA: higher priced homes
- Suches, GA: less expensive homes
- Stockertown, PA: less expensive homes
- Hartford, AR: less expensive homes
- Hallock, MN: less expensive homes
- Grandfield, OK: less expensive homes
- Grand Cane, LA: less expensive homes
- Graham Hill, KY: less expensive homes
- Golden, IL: less expensive homes
- Glenwillow, OH: less expensive homes
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