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Rent Inflation in Columbia, SC

The average asking rent in Columbia, SC is $1,551/month as of 2026-03. That is +2.6% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) · zillow.com/research

Current Avg Rent

$1,551/mo

as of 2026-03

Year-over-Year Change

+2.6%

24-Month Rent Trend

Monthly ZORI index values for Columbia, SC.

Month Avg Asking Rent Change from Prior Month
2026-03 $1,551 +0.32%
2026-02 $1,546 +0.26%
2026-01 $1,542 +0.19%
2025-12 $1,539 -0.06%
2025-11 $1,540 +0.26%
2025-10 $1,536 +0.07%
2025-09 $1,535 +0.33%
2025-08 $1,530 -0.20%
2025-07 $1,533 +0.07%
2025-06 $1,532 +0.07%
2025-05 $1,531 +0.66%
2025-04 $1,521 +0.60%
2025-03 $1,512 +0.93%
2025-02 $1,498 +0.54%
2025-01 $1,490 +0.74%
2024-12 $1,479 +0.41%
2024-11 $1,473 +0.41%
2024-10 $1,467 -0.07%
2024-09 $1,468 +0.07%
2024-08 $1,467 +0.34%
2024-07 $1,462 +0.48%
2024-06 $1,455 +0.62%
2024-05 $1,446 +0.84%
2024-04 $1,434

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: Zillow Research ZORI · Updated monthly · Price Inflation Report