salaryRent is higher than in 62% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (77.1%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $75,000 a year. That is $36 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 86 of 101 cities from cheapest to most expensive.
How much do households earn in Red Bank?
Share of households by yearly income. 14.1% of households earn $100,000 or more.
Rent by apartment size in Red Bank
| Size | Red Bank | U.S. average |
|---|---|---|
| 2 bedrooms | $1,116 | $1,509 |
| 3 bedrooms | $1,450 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Red Bank overall?
Everyday prices in South Carolina overall are 6% below the U.S. average (index 93.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Red Bank, so the South Carolina figure is shown.
Taxes and bills in Red Bank
Life in Red Bank
Is it cheaper to rent or buy in Red Bank?
Buying is cheaper month to month: about $564 a month less than renting.
Owning assumes a typical $189,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,900 for the down payment.
Frequently asked questions
What is the average rent in Red Bank, SC?
Renting in Red Bank costs a median of about $1,875 a month in 2026, including utilities. The South Carolina median is $1,479.
How much do I need to make to live in Red Bank?
To keep rent under 30% of income, you need about $75,000 a year, or $36 an hour at a full-time job.
Is Red Bank cheap or expensive?
Red Bank is rated Expensive: rent takes 30.7% of the typical household income of $73,342. It ranks 86th cheapest of 101 South Carolina cities we track.
How much are property taxes in Red Bank?
The median homeowner in Red Bank pays $930 a year in property taxes, about 0.49% of the median home value.
Is Red Bank 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 Red Bank?
The median home value in Red Bank is $189,000, about 2.6 times the typical yearly household income.
11,314 people live in Red Bank. Numbers are typical (middle) values.