Real Estate Investing in Blythewood, South Carolina (29016)

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

Richland County • Population: 29,193 • Data updated: September 2026

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Should you buy in 29016 (Blythewood, SC)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

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

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Blythewood, SC (29016)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $348,540
Avg Monthly Rent $2,243
1% Rule ✗ Does Not Meet
Median Income $97,840
% Renters 17.1%

Market Analysis: 29016 Blythewood

Looking more closely, ZIP 29016 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $349K median. It rewards specialists, not generalists.

The investment case in 29016 is impressive only for operators who understand what they are buying. A $349K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

In the broader SC picture, 29016 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Demographically, 29016 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Blythewood:

B Good
Buy Confidence Score: 71/100
Affordability
15/25
Appreciation
18/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.6× the median income
Value Trend
Stable (+0.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,243/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Columbia, SC Metro Area
More inventory, negotiating room for buyers
59 days
Average time to sell
Average
11.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Columbia, SC metro data
🏠

Property Strategy for 29016

Which property type performs best in this market?

Best for Cash Flow
2BR
6.4% cap rate
Best for Appreciation
3BR
+7.1% 5yr CAGR
Best Overall Value
2BR
$79,125/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $158,251 $1,410 6.4% +6.9% $79,125
3BR $291,383 $1,790 4.4% +7.1% $97,128
4BR $371,472 $2,110 4.1% +6.5% $92,868
5BR $462,552 +7.0% $92,510

Market Trends

Home Value History (with trend line)

$363K$329K$296K$263K$230K$196KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,506$2,427$2,348$2,269$2,189$2,110May 2025Dec 2025Jul 2026

📊 How Does 29016 Compare?

Metric 29016 Blythewood Columbia, SC South Carolina
Home Value $348,540 $348,540 N/A $299,690
5-Year CAGR 3.9% 3.9% N/A 7.3%
Avg Rent $2,243 $2,243 N/A -
Cap Rate 5.0% 5.0% - -
💡 Why Invest in 29016? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 29016 (Blythewood, SC). Anonymous, moderated, never written by AI.

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Property managers serving Richland County

Manage rentals here? List your business →

Columbia Property Management offers consistent, first-class service for apartments and rentals in Columbia, SC, focusing on real estate management. summary from their website

Single-familySmall multifamilyCommercial
Unclaimed — is this your business? Claim it free

CAMS Community Association Management Services provides management and financial services for community associations, offering support for homeowners and board members. summary from their website

HOA
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Chevelle Property Management, LLC is located at 7803 St Andrews Rd, Irmo, South Carolina. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
5.0%
Fair
5yr Growth
+3.9%
Moderate

📉 Market Crash Risk Index

Based on Columbia, SC metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
52%
Days Pending
1/2
59 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $348,540
Monthly Rent $2,243
Price-to-Rent 13.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.7%
Cap Rate 5.0%
5-Year IRR 8.9%

📈 Home Appreciation

1-Year +0.2% ▲
3-Year CAGR +0.8% ▲
5-Year CAGR +3.9% ▲
10-Year CAGR +4.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
5.9%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.9%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 29016

Population: 29,193

💰 Median Household Income
$97,840
This area
$97,840
State
$58,636
USA
$74,580
🏠 Renter Occupied
17.1%
This area
17.1%
State
26.9%
USA
34.0%
💼 Unemployment Rate
3.6%
This area
3.6%
State
-1.4%
USA
3.7%
🎓 College Educated
48.9%
This area
48.9%
State
14.2%
USA
33.7%
👤 Median Age
39.4 years
This area
39.4 years
State
22.7 years
USA
38.9 years
🏚️ Vacancy Rate
5.9%
This area
5.9%
State
17.5%
USA
10.5%
👥 Population by Ethnicity
White 44.2%
Black/African American 43.0%
Other/Mixed 10.5%
Hispanic/Latino 7.7%
Asian 2.3%
👶 Under 18
24.5%
This area
24.5%
USA
22.0%
👴 65 and Over
11.2%
This area
11.2%
USA
17.3%
📊 Poverty Rate
3.8%
This area
3.8%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 29016

A Avg School Grade
10 Schools
14.5:1 Avg Class Size
$18,376 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Bethel-Hanberry Elementary

📚 Pre-K – 05 Elementary
👥
721 Students
👨‍🏫
13.7:1 Class Size
💰
$18,376 Per Student
A+ Excellent

Lake Carolina Elementary Lower Campus

📚 Pre-K – 02 Elementary
👥
504 Students
👨‍🏫
13.3:1 Class Size
💰
$18,376 Per Student
A+ Excellent

Lake Carolina Elementary Upper Campus

📚 03 – 05 Elementary
👥
550 Students
👨‍🏫
13.2:1 Class Size
💰
$18,376 Per Student
A+ Excellent

Langford Elementary

📚 Pre-K – 05 Elementary
👥
640 Students
👨‍🏫
14.3:1 Class Size
💰
$18,376 Per Student
A+ Excellent

Round Top Elementary

📚 Pre-K – 05 Elementary
👥
610 Students
👨‍🏫
12.5:1 Class Size
💰
$18,376 Per Student
A Very Good

Kelly Mill Middle

📚 02 – 08 School
👥
1,023 Students
👨‍🏫
14.6:1 Class Size
💰
$18,376 Per Student
B+ Above Average

Blythewood Middle

📚 06 – 08 Middle
👥
843 Students
👨‍🏫
15.5:1 Class Size
💰
$18,376 Per Student
B+ Above Average

Muller Road Middle

📚 K – 08 School
👥
1,289 Students
👨‍🏫
15.6:1 Class Size
💰
$18,376 Per Student
B+ Above Average

Blythewood High

📚 09 – 12 High School
👥
2,117 Students
👨‍🏫
14.9:1 Class Size
💰
$18,376 Per Student
B+ Above Average

Westwood High

📚 09 – 12 High School
👥
1,689 Students
👨‍🏫
17.4:1 Class Size
💰
$18,376 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby
D
South University-Columbia
509 students · 7.5 mi
C
Southeastern College-Columbia
249 students · 9.9 mi
C
Columbia International University
2,631 students · 10.0 mi
C
Southeastern Esthetics Institute
318 students · 11.1 mi
C
Columbia College
1,572 students · 11.1 mi
D
Barber Tech Academy-Columbia
32 students · 12.9 mi
C
Benedict College
1,731 students · 13.3 mi
C
Allen University
677 students · 13.4 mi

Frequently Asked Questions

What approach is best for Blythewood, SC real estate?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Blythewood, SC. The numbers - $349K homes against $2,243/mo rents - support that play.

Is the tenant base reliable in Blythewood, SC?

Tenant demand in Blythewood, SC is solid. The local workforce $2,243/mo rents across most rental classes.

What monthly rent should investors expect in Blythewood, SC?

Rental rates in Blythewood, SC average $2,243/mo. Tenant demand and $349K home values make the yield look reasonable by investor standards.

How viable is house hacking in Blythewood, SC?

House hacking in Blythewood, SC is a challenging. With home values around $349K and rents at $2,243/mo, owner-occupants can offset a meaningful share of PITI.

Is Blythewood, SC a friendly market for rental owners?

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

You know 29016 now. You don’t know where it ranks.

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How 29016 ranks in Columbia, SC

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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