Explore Folly Beach
Frequently Asked Questions
How much does it cost to rent a townhouse in Folly Beach, SC?
The median rent for a townhouse in Folly Beach, SC is $10,155 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Folly Beach, SC?
To comfortably afford the median rent in Folly Beach, SC, a household needs to earn roughly $406,200 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 $10,155 per month in Folly Beach, SC, renters typically need to show $30,465 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Folly Beach, SC?
In Folly Beach, SC, the price-to-rent ratio is 8.5, 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.
What neighborhoods in Folly Beach, SC are best for renting a townhouse?
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 townhouse include James Island, West Ashley and Ashley Acres, each with its own character and price range.