States › South Carolina › Lake Wylie

Is Lake Wylie, SC expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,7993% higher than U.S. average
💵 Families earn per year (2026)$120,897about $10,075/month · 39% higher than U.S. average
🔑 House price$485,60046% higher than U.S. average

Rent is higher than in 57% of U.S. cities. A typical house costs about 4.0 years of household income. Commutes are long, about 32 minutes each way. Most homes (80.9%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $71,960 a year. That is $35 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 81 of 101 cities from cheapest to most expensive.

Lake Wylie
$1,799
$1,022
$2,215
$1,117

How much do households earn in Lake Wylie?

Under $25k
5.2%
$25k–50k
14.6%
$50k–100k
30.7%
$100k–150k
22.3%
$150k+
24.6%

Share of households by yearly income. 46.9% of households earn $100,000 or more.

Rent by apartment size in Lake Wylie

SizeLake WylieU.S. average
Studio$1,611$1,338
1 bedroom$1,530$1,324
2 bedrooms$1,891$1,509
3 bedrooms$1,729$1,698

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

How expensive is Lake Wylie 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 Lake Wylie, so the South Carolina figure is shown.

Taxes and bills in Lake Wylie

🏛️ Property tax$1,970a year · 0.41% of home value · U.S. $3,119
⚡ Electric bill$152a month (typical) · U.S. $156

Life in Lake Wylie

Commute to work32 minU.S.: 26.4 min
College degree47.5%U.S.: 35.7%
Own their home80.9%U.S.: 65.2%
Below poverty line9.1%U.S.: 12.5%
Unemployment6%U.S.: 5.2%

Is it cheaper to rent or buy in Lake Wylie?

Renting is cheaper right now: about $1,570 a month less.

Renting
$1,799
Owning
$3,369

Owning assumes a typical $485,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $48,560 for the down payment.

Frequently asked questions

What is the average rent in Lake Wylie, SC?

Renting in Lake Wylie costs a median of about $1,799 a month in 2026, including utilities. The South Carolina median is $1,479.

How much do I need to make to live in Lake Wylie?

To keep rent under 30% of income, you need about $71,960 a year, or $35 an hour at a full-time job.

Is Lake Wylie cheap or expensive?

Lake Wylie is rated Cheap: rent takes 17.9% of the typical household income of $120,897. It ranks 81st cheapest of 101 South Carolina cities we track.

How much are property taxes in Lake Wylie?

The median homeowner in Lake Wylie pays $1,970 a year in property taxes, about 0.41% of the median home value.

Is Lake Wylie 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 Lake Wylie?

The median home value in Lake Wylie is $485,600, about 4.0 times the typical yearly household income.

16,006 people live in Lake Wylie. Numbers are typical (middle) values.