States › South Carolina › Georgetown

Is Georgetown, SC expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$83053% lower than U.S. average
💵 Families earn per year (2026)$61,454about $5,121/month · 29% lower than U.S. average
🔑 House price$168,10049% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $33,200 a year. That is $16 an hour at a full-time job.

Is rent cheaper than other South Carolina cities?

Yes. Rent here is cheaper than in most of South Carolina. It is number 7 of 101 cities from cheapest to most expensive.

Georgetown
$830
Sangaree
$1,493
Travelers Rest
$3,500+
White Knoll
$1,538
Camden
$1,006
Valley Falls
$997
Lancaster
$913

How much do households earn in Georgetown?

Under $25k
20.9%
$25k–50k
22.9%
$50k–100k
36.1%
$100k–150k
5.9%
$150k+
4.4%

Share of households by yearly income. 10.4% of households earn $100,000 or more.

Rent by apartment size in Georgetown

SizeGeorgetownU.S. average
1 bedroom$441$1,324
2 bedrooms$936$1,509
3 bedrooms$619$1,698

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

How expensive is Georgetown 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 Georgetown, so the South Carolina figure is shown.

Taxes and bills in Georgetown

🏛️ Property tax$908a year · 0.54% of home value · U.S. $3,119
⚡ Electric bill$191a month (typical) · U.S. $156

Life in Georgetown

Commute to work22.6 minU.S.: 26.4 min
College degree22.1%U.S.: 35.7%
Own their home71.6%U.S.: 65.2%
Below poverty line21.9%U.S.: 12.5%
Unemployment9.4%U.S.: 5.2%

Is it cheaper to rent or buy in Georgetown?

Renting is cheaper right now: about $336 a month less.

Renting
$830
Owning
$1,166

Owning assumes a typical $168,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,810 for the down payment.

Frequently asked questions

What is the average rent in Georgetown, SC?

Renting in Georgetown costs a median of about $830 a month in 2026, including utilities. The South Carolina median is $1,479.

How much do I need to make to live in Georgetown?

To keep rent under 30% of income, you need about $33,200 a year, or $16 an hour at a full-time job.

Is Georgetown cheap or expensive?

Georgetown is rated Cheap: rent takes 16.2% of the typical household income of $61,454. It ranks 7th cheapest of 101 South Carolina cities we track.

How much are property taxes in Georgetown?

The median homeowner in Georgetown pays $908 a year in property taxes, about 0.54% of the median home value.

Is Georgetown 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 Georgetown?

The median home value in Georgetown is $168,100, about 2.7 times the typical yearly household income.

8,565 people live in Georgetown. Numbers are typical (middle) values.