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Spartanburg city, SC

ZIP 29301 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 29301

Median Home Value
$200,800
Median Rent
$941
Affordability Snapshot
$55,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,290/mo PITI).

20%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.5x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

17.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 29301 in Spartanburg city, SC, a household would need roughly $55,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,290. That is roughly in line with the local median household income ($56,606). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
62.9%-4% vs US avg
x
Vacancy Rate
15.1%+47% vs US avg
x
Broadband Access
88.1%+1% vs US avg
x
4+ Bedrooms
4.2%-72% vs US avg
x
Built Pre-1939
3.2%-75% vs US avg
x
Built Post-2014
2.5%-64% vs US avg
x
Rent Burden >30%
25.5%-49% vs US avg
x
Mortgage-Free
41.9%+10% vs US avg
x
$200,800
Home Value
$941
Rent
1982
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached62.3%
  • 1-unit attached5.7%
  • 2-9 units11.8%
  • 10+ units10.9%
  • Mobile home & other9.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$200,800
Median rent$941
Owner-occupied62.9%
Vacant15.1%
Price-to-income3.5x
Est. income to buy$55,000