States › South Carolina › Forest Acres

Is Forest Acres, SC expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,759same as U.S. average
💵 Families earn per year (2026)$84,453about $7,038/month · 3% lower than U.S. average
🔑 House price$279,30016% lower than U.S. average

Rent is higher than in 55% of U.S. cities. A typical house costs about 3.3 years of household income. Commutes are short, about 19.8 minutes. Most homes (77.5%) are owned, so rentals can be hard to find. It is a highly educated city: 62% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $70,360 a year. That is $34 an hour at a full-time job.

Is rent cheaper than other South Carolina cities?

No. Rent here is more expensive than in most of South Carolina. It is number 74 of 101 cities from cheapest to most expensive.

Forest Acres
$1,759
$1,110
$1,875
$1,313

How much do households earn in Forest Acres?

Under $25k
10.5%
$25k–50k
20.1%
$50k–100k
35.4%
$100k–150k
16.2%
$150k+
13.7%

Share of households by yearly income. 29.9% of households earn $100,000 or more.

Rent by apartment size in Forest Acres

SizeForest AcresU.S. average
Studio$3,500+$1,338
1 bedroom$1,251$1,324
2 bedrooms$1,251$1,509
3 bedrooms$1,557$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Forest Acres overall?

Everyday prices in South Carolina overall are 6% below the U.S. average (index 93.7, U.S. = 100).

Housing
80
Goods (food, clothes…)
96
Utilities
88
Other services
98
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Forest Acres, so the South Carolina figure is shown.

Taxes and bills in Forest Acres

🏛️ Property tax$1,736a year · 0.62% of home value · U.S. $3,119
⚡ Electric bill$206a month (typical) · U.S. $156

Life in Forest Acres

Commute to work19.8 minU.S.: 26.4 min
College degree62%U.S.: 35.7%
Own their home77.5%U.S.: 65.2%
Below poverty line8.2%U.S.: 12.5%
Unemployment4.1%U.S.: 5.2%

Is it cheaper to rent or buy in Forest Acres?

Renting is cheaper right now: about $179 a month less.

Renting
$1,759
Owning
$1,938

Owning assumes a typical $279,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $27,930 for the down payment.

Frequently asked questions

What is the average rent in Forest Acres, SC?

Renting in Forest Acres costs a median of about $1,759 a month in 2026, including utilities. The South Carolina median is $1,479.

How much do I need to make to live in Forest Acres?

To keep rent under 30% of income, you need about $70,360 a year, or $34 an hour at a full-time job.

Is Forest Acres cheap or expensive?

Forest Acres is rated OK: rent takes 25.0% of the typical household income of $84,453. It ranks 74th cheapest of 101 South Carolina cities we track.

How much are property taxes in Forest Acres?

The median homeowner in Forest Acres pays $1,736 a year in property taxes, about 0.62% of the median home value.

Is Forest Acres more expensive than the national average?

Overall prices in South Carolina are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Forest Acres?

The median home value in Forest Acres is $279,300, about 3.3 times the typical yearly household income.

10,530 people live in Forest Acres. Numbers are typical (middle) values.