States › South Carolina › Valley Falls

Is Valley Falls, SC expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$99743% lower than U.S. average
💵 Families earn per year (2026)$60,030about $5,003/month · 31% lower than U.S. average
🔑 House price$256,60023% lower than U.S. average

Rent is lower than in 88% of U.S. cities. A typical house costs about 4.3 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $39,880 a year. That is $19 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 19 of 101 cities from cheapest to most expensive.

Valley Falls
$997
Camden
$1,006
White Knoll
$1,538
Travelers Rest
$3,500+
Union
$1,645
Georgetown
$830
Sangaree
$1,493

How much do households earn in Valley Falls?

Under $25k
11.5%
$25k–50k
31.2%
$50k–100k
32.3%
$100k–150k
11.9%
$150k+
2.4%

Share of households by yearly income. 14.3% of households earn $100,000 or more.

Rent by apartment size in Valley Falls

SizeValley FallsU.S. average
Studio$987$1,338
1 bedroom$1,189$1,324
2 bedrooms$1,141$1,509
3 bedrooms$1,039$1,698
4 bedrooms$698$2,098

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

How expensive is Valley Falls 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 Valley Falls, so the South Carolina figure is shown.

Taxes and bills in Valley Falls

🏛️ Property tax$1,226a year · 0.48% of home value · U.S. $3,119
⚡ Electric bill$115a month (typical) · U.S. $156

Life in Valley Falls

Commute to work22.3 minU.S.: 26.4 min
College degree20.5%U.S.: 35.7%
Own their home50.5%U.S.: 65.2%
Below poverty line22.2%U.S.: 12.5%
Unemployment5.5%U.S.: 5.2%

Is it cheaper to rent or buy in Valley Falls?

Renting is cheaper right now: about $783 a month less.

Renting
$997
Owning
$1,780

Owning assumes a typical $256,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,660 for the down payment.

Frequently asked questions

What is the average rent in Valley Falls, SC?

Renting in Valley Falls costs a median of about $997 a month in 2026, including utilities. The South Carolina median is $1,479.

How much do I need to make to live in Valley Falls?

To keep rent under 30% of income, you need about $39,880 a year, or $19 an hour at a full-time job.

Is Valley Falls cheap or expensive?

Valley Falls is rated Cheap: rent takes 19.9% of the typical household income of $60,030. It ranks 19th cheapest of 101 South Carolina cities we track.

How much are property taxes in Valley Falls?

The median homeowner in Valley Falls pays $1,226 a year in property taxes, about 0.48% of the median home value.

Is Valley Falls 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 Valley Falls?

The median home value in Valley Falls is $256,600, about 4.3 times the typical yearly household income.

8,239 people live in Valley Falls. Numbers are typical (middle) values.