The median home in Elgin, South Carolina is valued at $292,407, up 1.4% year over year. Typical monthly rent is $1,693, producing a price-to-rent ratio of 14.4x — below the national average of 18x. Elgin is part of the Columbia, SC metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$292,407

+1.4%

Rent$1,693/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Elgin.

Income (annual)

Down Payment

$58,481 on $292,407

Example: $75,000 household income. Change it above to see your own.

Stretch28.5% of income

Above 28% but manageable with cuts.

PITI$1,784

P/I28.5%

Afford$287K

Gap-$6K

P&I $1,479Tax $139Ins $167

Renting $91/mo cheaper ($1,693 rent)6.50% 30yr, 20% down, county tax + SC ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in South Carolina

Compare Elgin with other housing markets across South Carolina.

Sullivans Island$4.08M Sheldon$2.2M Kiawah Island$2.04M Isle of Palms$1.58M Sunset$1.29M Folly Beach$1.01M Seabrook Island$976K Mount Pleasant$856K

Full Columbia, SC analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Columbia, SC metro.

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Elgin, SC