Mortgage Rates in Rock Hill, South Carolina — March 2026
Updated March 2026 | Based on Rock Hill market data and regional lending conditions
Rock Hill is a growing city in South Carolina with a population of 74,372. The current 30-year fixed mortgage rate in Rock Hill is 6.71%, which is 0.06% above the national average. With a median home price of $255,000 and a 20% down payment of $51,000, homebuyers can expect a monthly principal and interest payment of approximately $1,318.
Current Mortgage Rates in Rock Hill, SC
Below are the current average mortgage rates available in the Rock Hill area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.71% | 6.65% | +0.06% |
| 15-Year Fixed | 5.95% | 5.89% | +0.06% |
| 5/1 ARM | 6.21% | 6.15% | +0.06% |
| FHA | 6.31% | 6.25% | +0.06% |
| VA | 6.11% | 6.05% | +0.06% |
| Jumbo | 6.91% | 6.85% | +0.06% |
Rock Hill Housing Market Overview
The Rock Hill housing market offers relatively affordable housing compared to many major cities. The median household income in Rock Hill is $52,250, and the cost of living index is 89.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $61,671 to comfortably afford the median-priced home in Rock Hill, which exceeds the current median household income.
Monthly Payment Breakdown for Rock Hill
Based on the median home price of $255,000 with 20% down ($51,000), here is what you can expect to pay monthly in Rock Hill:
15-Year vs. 30-Year Mortgage in Rock Hill
Choosing a 15-year mortgage in Rock Hill at 5.95% instead of a 30-year at 6.71% would save you $165,600 in total interest over the life of the loan. However, your monthly payment would be $1,716 instead of $1,318 — an increase of $398 per month.
Calculate Your Rock Hill Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Rock Hill
What are the current mortgage rates in Rock Hill, SC?
As of March 2026, the average 30-year fixed mortgage rate in Rock Hill, South Carolina is 6.71%, while the 15-year fixed rate is 5.95%. FHA loans average 6.31% and VA loans 6.11%. These rates are 0.06% above the national average of 6.65%.
How much is a monthly mortgage payment in Rock Hill?
Based on the median home price of $255,000 with 20% down, the estimated monthly mortgage payment in Rock Hill is $1,318 for principal and interest. Including property taxes of $121/month, the total monthly housing cost is approximately $1,439.
What income do I need to buy a home in Rock Hill?
Using the 28% rule, you would need an annual income of approximately $61,671 to afford the median-priced home in Rock Hill at $255,000. The median household income in Rock Hill is $52,250. This means most households would need to either earn above the median or consider homes below $255,000.
Is Rock Hill a good place to buy a home in 2026?
Rock Hill offers a below-average cost of living with a cost of living index of 89.5 (national average = 100). The property tax rate in South Carolina is 0.57%, which is below the national average. Rock Hill has a population of 74,372 and offers a very affordable lifestyle.
Mortgage Rates in Other South Carolina Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Rock Hill, South Carolina area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.