Real Estate Investing in Spartanburg County, South Carolina

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

21 ZIP codes • Population: 307,648

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

🏠 For Homebuyers
GOOD FIT
Grade B (70/100)

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

πŸ“ˆ For Investors
MIXED
3.1 / 5 (53/100)

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: 9.4% vacancy may signal weakening demand.

What’s happening in Spartanburg County, SC?

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3.1/ 5

Investability

County-wide average

3.0/ 5

Appreciation

6.3% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $254,659
Avg Monthly Rent $1,375
ZIP Codes 21

Investing in Spartanburg County Real Estate

Across Spartanburg County's 21 ZIPs, the picture is modest β€” soft rents, slow appreciation, and demographic headwinds that don't obviously reverse in the medium term.

Spartanburg is the kind of county where the cap rate on paper and the cap rate realized tend to diverge. unambiguously out-of-state capital should be especially careful with carry-in assumptions.

A 307,648 population and $N/AK household income profile is what makes Spartanburg a challenging rental region β€” the base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Spartanburg County, SC. Anonymous, moderated, never written by AI.

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Avg Home Value
$254,659
Avg Monthly Rent
$1,375
1% Rule
βœ— Below
Landlord Friendly (SC)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ Market Crash Risk Index

Based on Spartanburg, SC metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
58%
Days Pending
2/2
63 days

View all metro crash risk rankings β†’

πŸŽ“ Colleges & Universities in Spartanburg County

7 Colleges 16,032 Students 2,510 Off-Campus Renters
B
Wofford College
4-Year Private Β· 1,873 students
C+
University of South Carolina-Upstate
4-Year Public Β· 4,946 students
πŸ“ ~301 students rent off-campus
C
Spartanburg Community College
2-Year Public Β· 6,330 students
πŸ“ ~2,209 students rent off-campus
C
Converse University
4-Year Private Β· 1,341 students
C
Kenneth Shuler School of Cosmetology-Spartanburg
Vocational For-Profit Β· 132 students
C
Spartanburg Methodist College
4-Year Private Β· 1,029 students
D
Sherman College of Chiropractic
4-Year Private Β· 381 students

Investor Insight: With 2,510 students living off-campus, Spartanburg County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Spartanburg County

ZIP Codes in Spartanburg County, SC

29349 β˜… β˜… β˜… β˜… β˜…
Inman
Population 37,314
Avg Home $306,883
Avg Rent $1,664/mo
29301 β˜… β˜… β˜… β˜… β˜…
Spartanburg
Population 35,694
Avg Home $238,571
Avg Rent $1,409/mo
29316 β˜… β˜… β˜… β˜… β˜…
Boiling Springs
Population 31,874
Avg Home $284,464
Avg Rent $1,627/mo
29303 β˜… β˜… β˜… β˜… β˜…
Spartanburg
Population 28,009
Avg Home $211,635
Avg Rent $1,383/mo
29302 β˜… β˜… β˜… β˜… β˜…
Spartanburg
Population 19,031
Avg Home $268,955
Avg Rent $1,503/mo
29307 β˜… β˜… β˜… β˜… β˜…
Spartanburg
Population 18,497
Avg Home $261,580
Avg Rent $1,222/mo
29334 β˜… β˜… β˜… β˜… β˜…
Duncan
Population 18,260
Avg Home $312,950
Avg Rent $1,927/mo
29306 β˜… β˜… β˜… β˜… β˜…
Spartanburg
Population 17,270
Avg Home $194,520
Avg Rent $1,231/mo
29388 β˜… β˜… β˜… β˜… β˜…
Woodruff
Population 16,020
Avg Home $293,213
Avg Rent $1,789/mo
29369 β˜… β˜… β˜… β˜… β˜…
Moore
Population 15,782
Avg Home $295,708
Avg Rent $1,652/mo
29323 β˜… β˜… β˜… β˜… β˜…
Chesnee
Population 15,087
Avg Home $293,975
Avg Rent $1,538/mo
29365 β˜… β˜… β˜… β˜… β˜…
Lyman
Population 14,566
Avg Home $309,644
Avg Rent $1,661/mo
29322 β˜… β˜… β˜… β˜… β˜…
Campobello
Population 10,573
Avg Home $379,811
Avg Rent $1,062/mo
29376 β˜… β˜… β˜… β˜… β˜…
Roebuck
Population 8,722
Avg Home $286,131
Avg Rent $1,044/mo
29385 β˜… β˜… β˜… β˜… β˜…
Lyman
Population 7,809
Avg Home $281,284
Avg Rent $1,619/mo
29335 β˜… β˜… β˜… β˜… β˜…
Enoree
Population 5,751
Avg Home $207,068
Avg Rent $981/mo
29372 β˜… β˜… β˜… β˜… β˜…
Pacolet
Population 3,440
Avg Home $163,860
Avg Rent $981/mo
29374 β˜… β˜… β˜… β˜… β˜…
Pauline
Population 2,774
Avg Home $332,903
Avg Rent $981/mo
29320 β˜… β˜… β˜… β˜… β˜…
Spartanburg
Population 526
Avg Home $134,464
Avg Rent $1,215/mo
29377 β˜… β˜… β˜… β˜… β˜…
Startex
Population 422
Avg Home $152,606
Avg Rent $981/mo
29333 β˜… β˜… β˜… β˜… β˜…
Spartanburg
Population 227
Avg Home $137,621
Avg Rent $1,407/mo

Screen every market in Spartanburg County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Spartanburg County

Which investment style suits, SC?

In, SC the resilient play is typically careful cash-flow rentals with hands-on management. The combination of $255K prices and $1,375/mo rents suits that approach.

Is it easy to find good tenants in, SC?

Tenant quality in, SC ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,375/mo.

What kind of market is, SC for investors?

, SC scores 3.1/5 for investability. Home values sit at $255K and rents near $1,375/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Is vacancy a concern in, SC?

, SC vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

Community Ratings

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