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Spartanburg city, SC

ZIP 29306 — 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 29306

Median Home Value
$159,100
Median Rent
$730
Affordability Snapshot
$44,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,022/mo PITI).

23%
Rent-to-Income Ratio

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

4.1x
Home Price-to-Income Ratio

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

18.2 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 29306 in Spartanburg city, SC, a household would need roughly $44,000 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 $1,022. That is roughly in line with the local median household income ($38,858). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
46.4%-29% vs US avg
x
Vacancy Rate
8.4%-19% vs US avg
x
Broadband Access
80.8%-7% vs US avg
x
4+ Bedrooms
1.0%-93% vs US avg
x
Built Pre-1939
6.4%-50% vs US avg
x
Built Post-2014
1.0%-86% vs US avg
x
Rent Burden >30%
29.3%-41% vs US avg
x
Mortgage-Free
44.6%+17% vs US avg
x
$159,100
Home Value
$730
Rent
1974
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached60.2%
  • 1-unit attached1.8%
  • 2-9 units22.3%
  • 10+ units10.8%
  • Mobile home & other4.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$159,100
Median rent$730
Owner-occupied46.4%
Vacant8.4%
Price-to-income4.1x
Est. income to buy$44,000