The Most Affordable Neighborhoods in Ridgecrest, SC by Home Value

These days, finding an affordable place to live in the Ridgecrest area can be challenging. Home prices in Ridgecrest are now at a median cost of $158,054, lower than the South Carolina average of $296,593.

The average cost of rent is $880/mo in Ridgecrest, primarily driven by the current value of real estate in the Ridgecrest area. In Ridgecrest, 16.99% of households rent, and 60.12% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Ridgecrest is $4,551 per month. Households that rent pay about 19.33% of their income on rent here. Ridgecrest’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.

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