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RE Intelligence

Rental numbers for Spartanburg County, SC

The typical home here runs -$701 a month at 7.78% with 25% down, breaking even at about 2.2%. 1 of 12 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.0%.

Gross yield
6.6%
typical home, Zillow
Median ZIP yield
7.0%
12 ZIPs with full data
Cash flow
-$701/mo
at 7.78%, 25% down
Typical price
$276,000
Zillow ZHVI, Aug 2026
Typical rent
$1,510/mo
Zillow ZORI, Aug 2026

ZIP codes in Spartanburg County

22 with published figures

29320Spartanburg$132,000$1,350*12.3%7.5%+$115n/a
29333Spartanburg$141,000$1,30411.1%6.7%+$23n/a
29377Startex$142,000$1,090*9.2%5.0%-$172n/a
29303Spartanburg$210,000$1,4268.1%4.5%-$340+0.2%
29372Pacolet$162,000$1,090*8.1%4.0%-$331n/a
29306Spartanburg$194,000$1,2087.5%3.8%-$431-0.5%
29334Duncan$309,000$1,8217.1%4.0%-$635+6.2%
29301Spartanburg$237,000$1,3847.0%3.7%-$551+3.4%
29302Spartanburg$267,000$1,5547.0%3.7%-$614+0.9%
29316Boiling Springs$282,000$1,6316.9%3.8%-$632+3.1%
29369Moore$294,000$1,6436.7%3.6%-$694+0.5%
29349Inman$304,000$1,6836.7%3.6%-$733+3.8%
29365Lyman$306,000$1,6466.5%3.4%-$780n/a
29335Enoree$210,000$1,090*6.2%2.9%-$620n/a
29651Greer$338,000$1,6916.0%3.1%-$937+2.2%
29307Spartanburg$259,000$1,2265.7%2.5%-$849+3.5%
29385Wellford$279,000$1,180*5.1%2.1%-$1,010n/a
29376Roebuck$284,000$1,160*4.9%2.0%-$1,060n/a
29388Woodruff$290,000$1,090*4.5%1.8%-$1,134n/a
29323Chesnee$292,000$1,090*4.5%1.7%-$1,151n/a
29374Pauline$332,000$1,090*3.9%1.4%-$1,390n/a
29322Campobello$378,000$1,180*3.8%1.1%-$1,681n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+1.5%
Rent, 12 months
+1.6%
Rent minus price growth
+0.1 pts
Property tax
0.55%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10011012013014020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$213,392$1,208
Aug 2022$254,627$1,329
Aug 2023$257,408$1,381
Aug 2024$268,200$1,442
Aug 2025$272,260$1,487
Aug 2026$276,355$1,510

HUD Fair Market Rent

FY2027, Spartanburg, SC HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$1,055$1,099$1,196$1,457$1,722

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
33.1
4,357 units, last 12 months
National percentile
97th
among US counties

Tools

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Part of the Spartanburg, SC metro.

Questions

Is Spartanburg County good for rental property?
The typical home here runs -$701 a month at 7.78% with 25% down, breaking even at about 2.2%. 1 of 12 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.0%. 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 Spartanburg County?
About 0.55% of value, from Census ACS median taxes paid over median home value. On a $276,000 home that is about $1,509 a year.
What is Fair Market Rent in Spartanburg County?
HUD's FY2027 Fair Market Rent here is $1,099 for a 1-bedroom, $1,196 for a 2-bedroom and $1,457 for a 3-bedroom. Typical cash flow at today's rate is -$701 a month.

Sources and method

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.