The Most Affordable Neighborhoods in Nichols, SC by Home Value

These days, finding an affordable place to live in the Nichols area can be challenging. Home prices in Nichols are now at a median cost of $106,378, lower than the South Carolina average of $296,593.

The average cost of rent is $771/mo in Nichols, primarily driven by the current value of real estate in the Nichols area. In Nichols, 25.46% of households rent, and 66.13% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Nichols is $5,051 per month. Households that rent pay about 15.26% of their income on rent here. Nichols’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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