Performance indicators for the Elgin short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Elgin.
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Generally Investor friendly
STRs are legal and not restricted by local ordinances; compliance hinges on state Vacation Rental Act and county rules rather than city permits, which lowers cost and complexity. The state’s 90‑day written agreement requirement, trust‑account rules for managers, and county zoning/inspection processes add moderate burdens but are manageable. The absence of municipal caps or heavy restrictions makes it investor‑friendly, though state‑level compliance keeps it short of “very friendly.”
Local STR Agent
STR specialist · Elgin, SC
Elgin is an incorporated town in Kershaw County, South Carolina, United States. Some portions of the town are in adjacent Richland County, South Carolina. It is located approximately 20 miles (32 km) northeast of the center of Columbia, the state's capital, and is the center of one of the ten townships that make up Kershaw County. As of the 2010 census, the town's population was 1,311, and in 2018 the estimated population was 1,579. It is part of the Columbia, South Carolina Metropolitan Statistical Area.