Rent Tracker
Rent Inflation in Greenwood, SC
The average asking rent in Greenwood, SC is $1,147/month as of 2026-08. That is +7.6% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$1,147/mo
as of 2026-08
Year-over-Year Change
+7.6%
24-Month Rent Trend
Monthly ZORI index values for Greenwood, SC.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-08 | $1,147 | -0.17% |
| 2026-07 | $1,149 | +1.06% |
| 2026-06 | $1,137 | +2.90% |
| 2026-05 | $1,105 | +1.28% |
| 2026-04 | $1,091 | +0.46% |
| 2026-03 | $1,086 | +0.28% |
| 2026-02 | $1,083 | +1.03% |
| 2026-01 | $1,072 | -0.65% |
| 2025-12 | $1,079 | +1.31% |
| 2025-11 | $1,065 | -0.65% |
| 2025-10 | $1,072 | +0.37% |
| 2025-09 | $1,068 | +0.19% |
| 2025-08 | $1,066 | +0.76% |
| 2025-07 | $1,058 | +0.57% |
| 2025-06 | $1,052 | +0.29% |
| 2025-05 | $1,049 | -0.29% |
| 2025-04 | $1,052 | +1.35% |
| 2025-03 | $1,038 | +0.68% |
| 2025-02 | $1,031 | +2.18% |
| 2025-01 | $1,009 | -0.30% |
| 2024-12 | $1,012 | +0.90% |
| 2024-11 | $1,003 | -1.86% |
| 2024-10 | $1,022 | +1.59% |
| 2024-09 | $1,006 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
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Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices