Real Estate Investing in Beaufort, South Carolina (29902)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29902 (Beaufort, SC)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 15.2% of homes vacant — above national norms.
What’s happening in Beaufort, SC (29902)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 29902 Beaufort
This part of Beaufort County is not an easy win. The 29902 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $425K asset, 29902 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 29902's metrics run below Beaufort County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A significant renter share of 35% in 29902 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 29902 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Beaufort:
Property Strategy for 29902
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $347,439 | $1,490 | 3.1% | +9.1% | $347,439 |
| 2BR | $299,662 | $1,640 | 3.9% | +10.2% | $149,831 |
| 3BR | $398,874 | $1,980 | 3.6% | +10.1% | $132,958 |
| 4BR | $556,592 | $2,530 | 3.3% | +10.6% | $139,148 |
| 5BR | $749,038 | — | — | +10.9% | $149,808 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 29902 Compare?
| Metric | 29902 | Beaufort | Hilton Head Island-Bluffton, SC | South Carolina |
|---|---|---|---|---|
| Home Value | $424,563 | $158,534 | N/A | $299,690 |
| 5-Year CAGR | 7.8% | 7.3% | N/A | 7.3% |
| Avg Rent | $1,795 | $1,902 | N/A | - |
| Cap Rate | 3.3% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 29902 (Beaufort, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $424,563 |
| Monthly Rent | $1,795 |
| Price-to-Rent | 19.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 11.1% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +7.8% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 Rent Trends
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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.
Demographics in 29902
Population: 16,916
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 29902
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Port Royal Elementary
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
Investor Insight: With 904 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Beaufort, SC a good place for real estate investing?
Beaufort, SC clocks in at an investability rating of 3.0/5, with median home values near $425K and average rents around $1,795/mo. That combination puts it in the resilient tier for investor interest.
What type of investing works in Beaufort, SC?
A careful cash-flow rentals with hands-on management strategy Beaufort, SC best. The market produces reliable results for that approach at the $425K price point.
What are home prices like in Beaufort, SC?
The median home value in Beaufort, SC is roughly $425K. That puts it reasonable relative to the SC statewide average.
Is rental property easy to operate in Beaufort, SC?
Landlord-friendliness in Beaufort, SC is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What monthly rent should investors expect in Beaufort, SC?
Average rent in Beaufort, SC is approximately $1,795/mo per month. Against $425K home values that yields a reasonable rent-to-price ratio.
You know 29902 now. You don’t know where it ranks.
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How 29902 ranks in Hilton Head Island-Bluffton, SC
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