Summerville, South Carolina, is a small town on the outskirts of Charleston, about a 30-minute drive inland from the Atlantic coast. As well as being a great place to live, Summerville is perhaps best known as the birthplace of sweet tea, a food and beverage innovation dating back to the late 1880s. To commemorate this milestone, Summerville has “Mason,” the world’s largest sweet tea glass – a giant mason jar that holds over 2,500 gallons of tea. Mason has become a tourist attraction.
The cost of living in Summerville, South Carolina is comparable to that of the country as a whole. The overall cost of living here is indexed at 99.6 on a scale where the national average is 100. Compared to South Carolina as a whole, Summerville is a slightly more expensive place to live. South Carolina has an overall cost of living score of 88.5 on the Cost of Living Index.
Summerville’s population is approximately 53,000, an increase of over 10,000 over the past decade. The economy of Summerville and more broadly Dorchester County is diverse, driven by the manufacturing and health care sectors, which account for about one in four jobs. In addition, a significant number of people also work in education, retail and professional services.
Some of the biggest employers include Robert Bosch Corporation, an anti-lock brake manufacturer, and iQor, a business process outsourcing provider. Other large employers in the region include the Roper St. Francis Health System, the Trident Health System, and Boeing. Jobs and the economy in Summerville are expected to continue to grow over the next decade.
Established during the time of the American Revolution, Summerville was incorporated in 1847. It is now regularly on the lists of the best places in the country to retire.
How much does an apartment cost in Summerville, SC?
In general, housing is more expensive in Summerville than the state on average but less expensive than large cities in the state like Charleston. Summerville’s housing costs are indexed at 93.9, with a median selling price of approximately $ 216,000 compared to the Charleston indexed score of 136.9 and the median price of $ 316,500. The rental market has some of the same characteristics.
The average rent for a one-bedroom apartment in Summerville is $ 1,050. Interestingly, you could pay roughly the same price for studios, which cost an average of $ 1,042 per month. In Summerville, two-bedroom apartments are increasingly expensive, with an average rent of $ 1,162.
Larger groups envision an average rent for a three-bedroom apartment in Summerville of about $ 1,580 per month, while four-bedroom apartments in Summerville, SC, average $ 1,902.
Many factors are involved in the price of rents. Understanding the dynamics will help you make better decisions about the factors that impact the cost of living in Summerville, SC.
How do you find cheap apartments in Summerville, South Carolina?
Finding the right apartment takes patience, but technology makes it easier than ever. Use the Zumper Online Marketplace to refine your search. Before you do that, you need to make decisions about what you are looking for, what you can afford, and what tradeoffs you are willing to make. Zumper’s online tools will allow you to find places that exactly match your parameters, saving you time and effort.
For example, if your budget is tight, you may need to consider a roommate. By living with someone else, you can share the costs. A nice two-bedroom apartment that you thought was out of reach may be in your price range with a roommate paying half the rent. Roommates also share the costs of utilities and other living expenses.
Don’t always assume that the cheapest Summerville apartments will save you the most money. You might find good value for money on the outskirts of Summerville, but it can be far from your office and home. This will increase your travel costs. Living closer to where you need to be, even if that means higher rent, might just be the best option for your budget.
Finally, think about the type of rental you are looking for. A luxury apartment building with a pool, weight room, or other amenities sounds exciting. But can you afford it? You may be able to find more affordable housing by renting a house or part of a house. You might not have the same amenities, but you will save a few bucks.
What’s the cheapest rent in Summerville, South Carolina?
Summerville offers several choices of affordable apartments. The cheapest will be the studios, but these may not give you enough space. Keep in mind that the prices for studios and one-bedroom apartments in Summerville seem to be clustered around the same price range.
Typically, apartment rents in Summerville range from about $ 750 to $ 2,500 per month, with the majority ranging between $ 1,500 and $ 1,800. However, there just aren’t many at the bottom of the scale. So be prepared to compromise to bring your housing costs into line with your budget.
A good rule of thumb is that you shouldn’t be spending more than about 30% of your gross pay on rent. Exceeding this number can strain your budget, requiring compromises to pay for the cost of living in Summerville, SC.