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Affordable
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These days, finding an affordable place to live in the Socastee area can be challenging. Home prices in Socastee are now at a median cost of $236,779, lower than the South Carolina average of $296,593.
The average cost of rent is $1,247/mo in Socastee, primarily driven by the current value of real estate in the Socastee area. In Socastee, 33.56% of households rent, and 41.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Socastee is $5,352 per month. Households that rent pay about 23.31% of their income on rent here. Socastee’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Surfside Beach, SC: higher priced homes
- Myrtle Beach, SC: higher priced homes
- Garden City, SC: higher priced homes
- Red Hill, SC: equally priced homes
- Murrells Inlet, SC: higher priced homes
- Ocean Forest, SC: higher priced homes
- Yauhannah, SC: less expensive homes
- Plantersville, SC: less expensive homes
- Briarcliffe Acres, SC: higher priced homes
- Outland, SC: less expensive homes
Cities with Similar Populations
- Seymour, TN: higher priced homes
- Harrison, NY: higher priced homes
- Haslett, MI: higher priced homes
- Hatboro, PA: higher priced homes
- Hayden, ID: higher priced homes
- Hays, KS: equally priced homes
- Heber City, UT: higher priced homes
- Henderson, TX: less expensive homes
- Highland Park, MI: less expensive homes
- Hobe Sound, FL: higher priced homes
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