Housing market/South Carolina/ZIP 29301

ACS 2023 · FY2027 SAFMR

ZIP 29301 Spartanburg, South Carolina

Spartanburg, SC HUD Metro FMR Area · South Carolina. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
35,694
Households
13,596
Median HH income
$56,606
Renter share
37.1%
Median gross rent
$1,126
Vacancy
15.1%
Pop. change
-0.0%
2BR SAFMR
$1,360
SAFMR / rent
1.208×
2–49 unit stock
3,386
LIHTC proj / units
7 / 446
HUD assisted MF
1 / 190

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 29301 · SC — sent to you.

ZIP 29301 · SC

ACS median rent$1,126
2BR SAFMR$1,360
90% floor$1,224
110% ceiling$1,496

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 29301

  • 1-unit detached9,98662.3%
  • 1-unit attached9095.7%
  • 2–4 units8155.1%
  • 5–49 units2,57116.0%
  • 50+ units2571.6%
  • Mobile1,4829.3%
TypeUnitsShare
1-unit detached9,98662.3%
1-unit attached9095.7%
2 units (duplex)4452.8%
3–4 units3702.3%
5–9 units1,0756.7%
10–19 units6414.0%
20–49 units8555.3%
50+ units2571.6%
Mobile1,4829.3%

2–4 unit share 5.1% · 5–49 unit share 16.0% · combined 2–49 21.1%.

Units by bedrooms

Studio
342
1BR
657
2BR
4,511
3BR
7,634
4BR
2,207
5+
669

Rent burden

Rent ≥30% of income49.8%
Rent ≥50% of income25.5%
  • ACS median gross rent $1,126 (all bedrooms, occupied rentals).
  • Median contract rent $941.
  • Renters paying ≥30% of income 49.8%; ≥50% 25.5%.
  • FY2027 2BR SAFMR $1,360 (1.208× ACS median gross rent).

Population

35,694 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -0.0%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 7 projects, 446 units.
  • HUD project-based assisted MF: 1 properties, 190 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 29301 37.1% of occupied households are renters; vacancy is 15.1%; ACS median gross rent is $1,126; population changed -0.0% between the 2018 and 2023 ACS vintages; the housing stock includes 815 units in 2–4-unit structures and 2,571 units in 5–49-unit structures; 7 LIHTC projects totaling 446 units; FY2027 2BR SAFMR is $1,360 versus ACS median gross rent of $1,126. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

South Carolina research

ZIP 29301 is a Census / HUD profile for Spartanburg, SC. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is South Carolina research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 29301?

ZIP 29301 (Spartanburg, SC HUD Metro FMR Area) has 35,694 residents, 13,596 households, a renter share of 37.1%, median household income of $56,606, and ACS 2023 median gross rent of $1,126. Vacancy is 15.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 29301?

ACS counts 445 units in 2-unit buildings, 370 in 3–4 unit buildings, 1,075 in 5–9, 641 in 10–19, and 855 in 20–49. Combined 2–49 unit stock is 3,386 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 29301?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,360. See the full schedule and 90–110% payment-standard band on the ZIP 29301 — Spartanburg, SC HUD Section 8 Payment Standards / SAFMR.

Does this South Carolina ZIP profile include Georgia listings?

No. ZIP 29301 is Census / HUD research for Spartanburg, SC HUD Metro FMR Area. Jeff Crowe CRE does not list South Carolina property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.