Water Tower Apartments
1000 Water Tower Cir,
Greenville, SC 29601
Studio - 3 Beds | Call for Rent
Rental Market Trends in Greenville, SC
What is the average rent in Greenville, SC?
$1,291/month
Average Rent
745 Sq Ft
Average Apartment Size
+3.5%
Increase in the Last Year
As of March 2025, the average rent in Greenville, SC is $1,291 per month. This is 17% lower than the national average rent of $1,557/month, making renting in Greenville more affordable than most cities in the US. When you rent an apartment in Greenville, you can expect to pay about $1,359 per month for a studio, $1,291 for a one-bedroom apartment, and around $1,506 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,827 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Greenville, SC?
In the past year, rent has increased by 3.5%, which averages out to $45 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2025
Legend
2024
2025
Rent Ranges in Greenville, SC
Last Updated March 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
7%
Below $700/month
12%
$700 - $1,000/month
48%
$1,001 - $1,500/month
24%
$1,501 - $2,000/month
9%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Greenville?
Based on current rent prices, Pleasant Valley, Nicholtown and Augusta Street Area are the most affordable neighborhoods in Greenville.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Greenville?
Based on current rent prices, West Greenville, Southernside and White Horse are the most expensive neighborhoods in Greenville.
Neighborhood
Average Rent
Average Sq Ft
Which Greenville neighborhoods have the most rentals available?
The neighborhoods in Greenville with the most apartments available are Eastside, Eastside Greenville and Pleasantburg .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Greenville, SC?
Because the average rent in Greenville is $1,291, you’ll want to make about $4,303 per month or $51,636 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Greenville, SC is 7.2% lower than the national average. Generally, housing in Greenville is 26.7% less expensive than the national average, with rent falling between $1,291 - $1,827. You can expect to pay 1.9% less for groceries, 8.6% less for utilities, and 5.7% less for transportation.
How does Greenville, SC compare to other nearby cities and neighborhoods?
Use the tool below to compare Greenville, SC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,843/month
One Bedroom
$804/month
$1,980/month
Two Bedroom
-
$2,270/month
Three Bedroom
-
$2,893/month
Nearby City Rent Trends
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.