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MarketsSouth CarolinaOrangeburgRental Property Investment Guide

Rental Property Investment Guide: Orangeburg, SC

Updated 2026 · Based on median market data for Orangeburg, SC

Cap Rate
8.61%
Median Price
$150K
Rent/Mo
$1,320
1% Rule
0.88%
Fails

Market Snapshot

Orangeburg sits in the South with a population of 50,000 growing rapidly at 1.9% annually. The median home costs $150,000 while rents average $1,320/mo, producing an estimated cap rate of 8.61%. This puts Orangeburg in the upper tier of investable US markets.

Who Should Invest Here

Orangeburg is ideal for cash flow investors, BRRRR practitioners, and anyone building a portfolio of affordable, income-producing rentals. The low price point ($150,000) means you can get started with a $30,000 down payment, and the 8.61% cap rate should produce positive cash flow even with conservative financing.

Deal Criteria for Orangeburg

Target properties priced 15-25% below the $150,000 median — around $120,000 or less. At this price point with $1,320/mo rents, your cap rate improves to roughly 11.1%. Factor in 0.57% property taxes ($855/yr), budget 5% of gross rent for maintenance, and underwrite to a 5.5% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $969.

Risks and Considerations

Every deal should be evaluated individually using our calculator tools. Median data provides a starting point; actual returns depend on the specific property, financing, and your management approach.

Next Steps

Run the numbers on a specific Orangeburg property using our cap rate calculator (pre-filled with Orangeburg data). Compare Orangeburg against similar markets in the South region. If you're considering a value-add approach, try our BRRRR calculator to model a rehab scenario.

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How Orangeburg Compares

Orangeburg vs South Carolina state average and national average across key investment metrics. Orangeburg outperforms both benchmarks on cap rate.

Metric
Orangeburg
South Carolina Avg
National Avg
Cap Rate
8.61%
4.94%
3.81%
Median Price
$150K
$298K
$333K
Median Rent
$1,320
$1,554
$1,524
Property Tax
0.57%
0.57%
1.08%
Vacancy
5.5%
5.5%
5.6%
Pop. Growth
1.9%/yr
1.9%/yr
0.9%/yr

Nearby South Markets

City
Cap Rate
Price
Rent
Tax
Orangeburg, SC
8.6%
$150K
$1,320
0.57%
Clarksburg, WV
6.2%
$150K
$1,020
0.58%
Kingsville, TX
8.2%
$150K
$1,420
1.72%
Kinston, NC
5.5%
$150K
$940
0.78%
Lawton, OK
6.7%
$150K
$1,110
0.88%

Frequently Asked Questions

Is Orangeburg, SC a good place to invest in rental property?
Orangeburg has an estimated cap rate of 8.61%, which is above the national average of 3.81%. With median home prices at $150K and rents of $1,320/mo, Orangeburg offers strong cash flow fundamentals for rental investors. Population growth of 1.9% and 5.5% vacancy rate indicate healthy tenant demand.
What is the average cap rate in Orangeburg?
The estimated cap rate for Orangeburg is 8.61%, based on median home prices of $150K, median rents of $1,320/mo, a 0.57% property tax rate, and 5.5% vacancy. This compares to a 4.94% average across South Carolina and 3.81% nationally. Cap rates for individual properties will vary based on purchase price, actual rents, and property condition.
How much does a rental property cost in Orangeburg?
The median home price in Orangeburg is $150,000, which is 55% below the national average of $333,419. A 20% down payment would be approximately $30,000. Investment properties in Orangeburg range significantly — targeting properties 15-25% below median can improve your cap rate substantially.
What are Orangeburg property taxes for investors?
Orangeburg's effective property tax rate is 0.57%, which is above the South Carolina average of 0.57% and below the national average of 1.08%. On a $150K property, annual taxes are approximately $855 ($71/mo). Low property taxes are a significant cash flow advantage here.
Full Orangeburg Analysis →Cap Rate CalculatorBRRRR Calculator

Explore Orangeburg & Related Markets

More Orangeburg Guides

Rent AnalysisProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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Enterprise, AL$175K · $1,420/mo
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Vidalia, GA$165K · $1,400/mo
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