States › South Carolina › Walterboro

Is Walterboro, SC expensive to live in?

OKRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,01542% lower than U.S. average
💵 Families earn per year (2026)$60,889about $5,074/month · 30% lower than U.S. average
🔑 House price$183,50045% lower than U.S. average

Rent is lower than in 87% of U.S. cities. A typical house costs about 3.0 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $40,600 a year. That is $20 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 21 of 101 cities from cheapest to most expensive.

Walterboro
$1,015
Piedmont
$788
Hollywood
$1,710
Central
$609
Blythewood
$1,165
Chester
$949
Belvedere
$1,039

How much do households earn in Walterboro?

Under $25k
23.7%
$25k–50k
20.4%
$50k–100k
31.5%
$100k–150k
10.4%
$150k+
6.5%

Share of households by yearly income. 16.9% of households earn $100,000 or more.

Rent by apartment size in Walterboro

SizeWalterboroU.S. average
1 bedroom$511$1,324
2 bedrooms$823$1,509
3 bedrooms$1,653$1,698

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

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

Taxes and bills in Walterboro

🏛️ Property tax$1,222a year · 0.67% of home value · U.S. $3,119
⚡ Electric bill$200a month (typical) · U.S. $156

Life in Walterboro

Commute to work26.3 minU.S.: 26.4 min
College degree25%U.S.: 35.7%
Own their home50.7%U.S.: 65.2%
Below poverty line28.2%U.S.: 12.5%
Unemployment6.1%U.S.: 5.2%

Is it cheaper to rent or buy in Walterboro?

Renting is cheaper right now: about $258 a month less.

Renting
$1,015
Owning
$1,273

Owning assumes a typical $183,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,350 for the down payment.

Frequently asked questions

What is the average rent in Walterboro, SC?

Renting in Walterboro costs a median of about $1,015 a month in 2026, including utilities. The South Carolina median is $1,479.

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

To keep rent under 30% of income, you need about $40,600 a year, or $20 an hour at a full-time job.

Is Walterboro cheap or expensive?

Walterboro is rated OK: rent takes 20.0% of the typical household income of $60,889. It ranks 21st cheapest of 101 South Carolina cities we track.

How much are property taxes in Walterboro?

The median homeowner in Walterboro pays $1,222 a year in property taxes, about 0.67% of the median home value.

Is Walterboro 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 Walterboro?

The median home value in Walterboro is $183,500, about 3.0 times the typical yearly household income.

5,480 people live in Walterboro. Numbers are typical (middle) values.