Folly Beach, SC Condo for Rent

The median rent for a condo in Folly Beach, SC is $7,286 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option while townhouses and condos are currently more expensive.

To comfortably afford the median rent in Folly Beach, SC, a household needs to earn roughly $203,280 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $5,082 per month in Folly Beach, SC, renters typically need to show $15,246 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

In Folly Beach, SC, the price-to-rent ratio is 16.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

The best neighborhood for renting in Folly Beach, SC depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include James Island, Harleston Village, French Quarter, Radcliffeborough and Cannonborough-Elliotborough, each with its own character and price range.