Real Estate Investing in Pendleton, South Carolina

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 11,310 • Anderson County

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Should you buy in Pendleton, SC? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 8.0% vacancy may signal weakening demand.

What’s happening in Pendleton, SC?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.2% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $284,854
Avg Monthly Rent $1,512
ZIP Codes 1

Investing in Pendleton Real Estate

Pendleton (South Carolina) spans 1 ZIPs and roughly a sizable population. plainly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

plainly Pendleton's aggregate rating of ★★★☆☆ reflects lackluster investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Transaction volume in Pendleton has thinned in a way that amplifies price discovery risk. Meanwhile, investors without local context should treat every number on the page with skepticism.

Distressed-leaning demographics in Pendleton — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

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Best ZIP codes in Greenville-Anderson, SC

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Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$284,854
Avg Monthly Rent
$1,512
1% Rule
✗ Below
Landlord Friendly (SC)

🎓 Colleges & Universities in Pendleton

1 College 5,780 Students 3,757 Off-Campus Renters
C
Tri-County Technical College
2-Year Public · 5,780 students
📍 ~3,757 students rent off-campus

Investor Insight: With 3,757 students living off-campus, Pendleton has substantial rental demand from the college population — typically stable, lease-renewing tenants.

ZIP Codes in Pendleton, SC

Screen every ZIP in Pendleton

Filter Pendleton’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Pendleton, SC

What kind of market is Pendleton, SC for investors?

Investors tracking Pendleton, SC will find a 3.0/5 rating supported by $285K median home values and $1,512/mo rents. That profile suits long-term holders targeting stable returns.

What are home prices like in Pendleton, SC?

Median home price in Pendleton, SC is near $285K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.

What are rental rates like in Pendleton, SC?

Average rent in Pendleton, SC is approximately $1,512/mo per month. Against $285K home values that yields a reasonable rent-to-price ratio.

Are eviction rules reasonable in Pendleton, SC?

For rental operators, Pendleton, SC rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

Do rentals sit vacant long in Pendleton, SC?

Expect elevated vacancy in Pendleton, SC. Rents at $1,512/mo are absorbed by the tenant base without meaningful lag.

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