Melrose Heights, Richland County, SC

Median Home Price Price

$370,586 $370.6K

Median Monthly Rent Rent

$1,365 $1.4K

23.0x

Market Snapshot

Melrose Heights, Richland County, SC is a neighborhood market with a median home price of $370,586, a median monthly rent of $1,365, a GRM of 23.0x, and a price-to-rent ratio of 22.6.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Nearby alternative Higher GRM Premium price Similar rent Rent momentum
High confidence
Price $644.2K
Rent $1.4K
GRM 39.0x
Explore the data
Region Show
$463K $1.4K 28.0x
Heathwood West
$644K $1.4K 39.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Melrose Heights

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Benchmark comparison

Compare Melrose Heights, SC to another market.

Melrose Heights, SC
Meadowfield, SC
Delta
Median rent
$1,365
N/A
Median price
$370,586
N/A
YoY change
+$143
N/A
Price-to-rent
22.6x
Data unavailable

Key takeaways

  • Melrose Heights, Richland County, SC has a higher-grm screening profile: At 23.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $143 year over year.
  • Next discovery step: compare Meadowfield, Richland County, SC from the Same county set.