Best Places to Buy Rental Property in South Carolina (2026)

We ranked all 28 South Carolina counties that have both a median home price and a median rent, ordered by the cap rate a median-priced rental would produce. Fairfield County leads at 8.3%, with a median price of $194,460.

South Carolina counties ranked by cap rate

#MarketCap rateMedian priceMedian rentCash flowAnalyze
1Fairfield County, SC8.3%$194,460$2,056$317Run numbers
2Orangeburg County, SC6.3%$164,481$1,318-$5Run numbers
3Sumter County, SC5.8%$204,805$1,523-$84Run numbers
4Kershaw County, SC5.8%$259,845$1,927-$109Run numbers
5Darlington County, SC5.6%$171,127$1,226-$100Run numbers
6Florence County, SC5.5%$204,380$1,440-$136Run numbers
7Laurens County, SC5.5%$201,181$1,415-$135Run numbers
8Greenwood County, SC5.4%$178,347$1,231-$135Run numbers
9Richland County, SC4.8%$245,186$1,510-$304Run numbers
10Lexington County, SC4.8%$274,819$1,689-$343Run numbers
11Aiken County, SC4.8%$246,685$1,505-$315Run numbers
12Chester County, SC4.8%$216,340$1,320-$276Run numbers
13Newberry County, SC4.7%$226,258$1,364-$300Run numbers
14Cherokee County, SC4.4%$191,977$1,076-$307Run numbers
15Spartanburg County, SC4.2%$278,707$1,513-$478Run numbers
16Berkeley County, SC4.1%$376,003$1,976-$686Run numbers
17Horry County, SC4.1%$321,007$1,684-$588Run numbers
18Dorchester County, SC3.9%$350,084$1,758-$692Run numbers
19Oconee County, SC3.8%$293,603$1,443-$601Run numbers
20Pickens County, SC3.8%$309,162$1,491-$652Run numbers
21Greenville County, SC3.7%$340,295$1,609-$738Run numbers
22Anderson County, SC3.6%$293,217$1,369-$647Run numbers
23Georgetown County, SC3.6%$388,789$1,815-$858Run numbers
24Lancaster County, SC3.5%$386,823$1,724-$907Run numbers
25York County, SC3.3%$392,403$1,643-$989Run numbers
26Jasper County, SC3.2%$400,100$1,620-$1,044Run numbers
27Beaufort County, SC2.8%$555,638$2,010-$1,606Run numbers
28Charleston County, SC2.8%$617,997$2,176-$1,825Run numbers

Looking for every county in the state, including those without rent data? Browse the full South Carolina market directory.

How this ranking is calculated

We scored 28 counties in South Carolina and ranked them by capitalization rate, calculated as annual net operating income divided by median home price. Markets without both a median home price and a median rent are excluded, because cash flow cannot be estimated without both.

Every figure assumes a median-priced home rented at the local median rent, financed with 20 percent down on a 30-year loan at 6.85%, with closing costs at 3 percent of price and operating costs at 35 percent of rent. Operating costs cover taxes, insurance, maintenance, vacancy, and management.

These are modeled estimates for comparing markets, not quotes on a specific property. A real deal turns on the individual property, its condition, and the actual rent it can command. Run any market that interests you through the calculator with real numbers before you make an offer.

National rankings

Compare South Carolina against the rest of the country.

Other states

States with fewer than 5 counties reporting both price and rent are omitted, because a ranking that short would not be meaningful.

Run the numbers on a South Carolina property

Start from Fairfield County median values and replace them with a real listing price and rent to see whether the deal actually works.