Conway, SC at a glance
Median household income
$56,650$4,721 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Conway, SC?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Conway, SC? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,145 | $13,740 | $45,800 | 24.3% |
| 1-Bedroom Apartment | $1,229 | $14,748 | $49,160 | 26% |
| 2-Bedroom ApartmentBenchmark | $1,465 | $17,580 | $58,600 | 31% |
| 3-Bedroom Home | $1,805 | $21,660 | $72,200 | 38.2% |
| 4-Bedroom Home | $2,111 | $25,332 | $84,440 | 44.7% |
What a typical income covers in Conway, SC
The 50/30/20 rule applied to the local median of $56,650 a year ($4,721 a month before tax).
What $56,650 leaves after South Carolina taxes
Federal income tax, Social Security, Medicare and South Carolina tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in South Carolina
Living in Conway, SC: common questions
What is the median household income in Conway, SC?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Conway, SC is $56,650 per year (approximately $4,721 per month).
What is the average rent in Conway, SC?
The closest official figure is HUD's Fair Market Rent for 2026: $1,145 for a studio, $1,229 for one bedroom, $1,465 for two, $1,805 for three and $2,111 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Conway, SC expensive to live in?
Prices there run 6.4% below the U.S. average. BEA's regional price parity for the metro area is 93.6, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Conway, SC?
To keep a $1,465 two-bedroom under 30% of gross income, a household needs about $58,600 a year, or $4,883 a month. That is 103% of what the typical household in Conway, SC earns.
How much do you need to live comfortably in Conway, SC?
On the local median income of $56,650 ($4,721 a month before tax), the 50/30/20 rule leaves $2,360 a month for needs like rent, utilities and groceries, $1,416 for everything else and $944 for savings or debt. A two-bedroom at $1,465 takes 62% of the needs share.
How much is the electric bill in Conway, SC?
Homes in South Carolina paid 15.6¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $140. Your bill depends mostly on heating and cooling.