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Aiken, SC Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,369
Monthly Cash Flow
-$276
Principal + Equity
$1,409
Annual Total Gain
$13,599
Cash on Cash
-5.01%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$175
Occupancy Rate
56.67%
Monthly Revenue
$1,988
Monthly Cash Flow
$45
Principal + Equity
$1,409
Annual Total Gain
$17,446
Cash on Cash %
0.81%
Net ROI %
Market Health & Growth
Median Income
$69,837
Population
32,334
LTR Renter %
30.31%
Forecast (1 yr)
1.47%
Appreciation (1 yr)
0.33%
Appreciation (5 yr)
33.09%
Appreciation (10 yr)
70.46%
Job Growth
-3.59%
LTR Rentability
Moderate
STR Demand
42
STR Rentals
463
Top Public Schools
BAiken Scholars Academy
BTall Pines STEM Academy
B
B
B
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Best Suburbs to Live in South Carolina
#40out of 120 markets
Most Diverse Suburbs in South Carolina
#40out of 120 markets
Best Places to Retire in South Carolina
#19out of 188 markets
B-
Public School
C-
Crime And Safety
B
Housing
B
Nightlife
B
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Aiken, SC.
In Aiken, SC, Short Term Rental (STR) regulations are governed by the city's Zoning Ordinance and Business License Ordinance. Here are some key regulations that an investor should be aware of before purchasing a property for Short Term Rental in Aiken:
1. Zoning Restrictions: Aiken has specific zoning regulations that dictate where Short Term Rentals are allowed to operate. Investors should ensure that the property they are considering purchasing is located in a zone that permits Short Term Rentals.
2. Business License Requirement: In Aiken, property owners who wish to operate a Short Term Rental must obtain a business license from the city. This license must be renewed annually and may require payment of a fee.
3. Occupancy Limits: Aiken may have occupancy limits for Short Term Rentals, which dictate the maximum number of guests that can stay in the property at any given time. Investors should be aware of these limits and ensure that their property complies with them.
4. Safety and Building Code Compliance: Short Term Rental properties in Aiken must comply with all applicable safety and building codes. Investors should ensure that their property meets these requirements before renting it out.
5. Noise and Nuisance Regulations: Aiken may have regulations in place to address noise and other nuisances caused by Short Term Rentals. Investors should be aware of these regulations and take steps to ensure that their property does not cause disturbances to neighbors.
6. Taxation: Short Term Rental income is typically subject to local and state taxes. Investors should be aware of their tax obligations and ensure that they are in compliance with all tax laws.
Overall, investors considering purchasing a property for Short Term Rental in Aiken should thoroughly research and understand the local regulations governing this type of rental activity to ensure compliance and avoid any potential legal issues.
Market Trends Over Time
Explore 25 years of market data for Aiken, SC, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Aiken, SC.
The LTR Genie Score of Aiken, SC is 64, indicating a moderate level of rentability for long-term rental properties in the area. The STR Genie Score is slightly lower at 56, suggesting a slightly lower level of rentability for short-term rental or Airbnb properties. The LTR Net ROI of 20.58% is higher than the STR Net ROI of 26.41%, indicating that long-term rental properties may provide a better return on investment in this market. Additionally, the 1-Year Price Appreciation Forecast of 1.47% suggests potential growth in property values in the near future.
Aiken, SC is known for its historic charm, equestrian culture, and vibrant arts scene. The city offers a mix of urban amenities and small-town charm, making it an attractive destination for both residents and visitors. Real estate investors should consider the city's strong sense of community, low crime rates, and stable economy when evaluating investment opportunities in the area.
Overall, Aiken, SC appears to be a promising market for long-term rental investment, with a higher LTR Genie Score and a positive Net ROI. While short-term rental properties may also be viable in this market, the slightly lower STR Genie Score suggests that long-term rentals may offer a more stable and profitable investment option. Investors looking for steady rental income and potential property appreciation may find Aiken, SC to be a favorable location for long-term rental investments.
