Rental numbers for Oconee County, SC
The typical home here runs -$822 a month at 7.78% with 25% down, breaking even at about 1.4%. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.6%.
- Gross yield
- 5.9%
- typical home, Zillow
- Median ZIP yield
- 4.6%
- 2 ZIPs with full data
- Cash flow
- -$822/mo
- at 7.78%, 25% down
- Typical price
- $291,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,438/mo
- Zillow ZORI, Aug 2026
ZIP codes in Oconee County
10 with published figures
| 29678Seneca | $256,000 | $1,306 | 6.1% | 3.1% | -$712 | +3.1% |
| 29693Westminster | $224,000 | $910* | 4.9% | 2.0% | -$837 | n/a |
| 29664Mountain Rest | $262,000 | $1,040* | 4.8% | 2.1% | -$952 | n/a |
| 29658Longcreek | $261,000 | $1,030* | 4.7% | 2.0% | -$979 | n/a |
| 29691Walhalla | $232,000 | $900* | 4.7% | 1.8% | -$910 | n/a |
| 29686Tamassee | $336,000 | $1,000* | 3.6% | 1.3% | -$1,459 | n/a |
| 29643Fair Play | $340,000 | $990* | 3.5% | 1.1% | -$1,527 | n/a |
| 29672Seneca | $564,000 | $1,488 | 3.2% | 1.1% | -$2,546 | n/a |
| 29696West Union | $345,000 | $900* | 3.1% | 0.7% | -$1,658 | n/a |
| 29676Salem | $562,000 | $1,130* | 2.4% | 0.3% | -$2,879 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.7%
- Rent, 12 months
- +2.8%
- Rent minus price growth
- +0.1 pts
- Property tax
- 0.38%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $227,172 | n/a |
| Aug 2022 | $263,732 | n/a |
| Aug 2023 | $267,901 | $1,259 |
| Aug 2024 | $282,933 | $1,335 |
| Aug 2025 | $283,387 | $1,399 |
| Aug 2026 | $291,125 | $1,438 |
HUD Fair Market Rent
FY2027, Oconee County, SC
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $650 | $683 | $894 | $1,090 | $1,204 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 21.4
- 737 units, last 12 months
- National percentile
- 91th
- among US counties
Tools
Test a listing in Oconee County against today's rate.
Open the calculatorPart of the Seneca, SC metro.
Questions
- Is Oconee County good for rental property?
- The typical home here runs -$822 a month at 7.78% with 25% down, breaking even at about 1.4%. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.6%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Oconee County?
- About 0.38% of value, from Census ACS median taxes paid over median home value. On a $291,000 home that is about $1,103 a year.
- What is Fair Market Rent in Oconee County?
- HUD's FY2027 Fair Market Rent here is $683 for a 1-bedroom, $894 for a 2-bedroom and $1,090 for a 3-bedroom. Typical cash flow at today's rate is -$822 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.