Updated 2026 · Based on median market data for Georgetown, SC
The median monthly rent in Georgetown, SC is $1,990, translating to $23,880 in annual gross rental income per unit. The rent-to-price ratio is 0.52% — well below the 1% rule, making pure cash flow investing challenging at median prices.
Renters in Georgetown spend approximately 48% of the local median household income ($49,486) on rent. This exceeds the standard 30% affordability threshold, suggesting rent growth may face resistance — but it also means a large portion of the population finds buying even more out of reach, supporting rental demand.
The vacancy rate in Georgetown is 5.5%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 1.9% annually is actively adding rental demand.
Georgetown's GRM (price divided by annual rent) is 15.9x. A GRM between 12-16x is moderate and typical of balanced markets. Deals can work but you need to keep expenses controlled. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.
At the median rent of $1,990/mo, a single-family rental in Georgetown generates approximately $23,880 in gross annual income. After accounting for 5.5% vacancy ($1,313 lost), property taxes of $2,166, insurance (~$1,520), and maintenance (~$1,520), the estimated NOI is $17,361 per year, or $1,447/mo.
Georgetown vs South Carolina state average and national average across key investment metrics. Georgetown beats the national average but trails the South Carolina average on cap rate.