Housing market/South Carolina/ZIP 29323

ACS 2023 · FY2027 SAFMR

ZIP 29323 Chesnee, Cherokee County, South Carolina

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

Population
15,087
Households
5,640
Median HH income
$59,753
Renter share
21.0%
Median gross rent
$838
Vacancy
10.0%
Pop. change
+20.8%
2BR SAFMR
$1,070
SAFMR / rent
1.277×
2–49 unit stock
261
LIHTC proj / units
1 / 24
HUD assisted MF
1 / 16

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 29323 · SC — sent to you.

ZIP 29323 · SC

ACS median rent$838
2BR SAFMR$1,070
90% floor$963
110% ceiling$1,177

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

Housing stock

ACS 2023 units-in-structure · ZCTA 29323

  • 1-unit detached4,15566.4%
  • 1-unit attached520.8%
  • 2–4 units891.4%
  • 5–49 units1722.7%
  • Mobile1,79228.6%
TypeUnitsShare
1-unit detached4,15566.3%
1-unit attached520.8%
2 units (duplex)320.5%
3–4 units570.9%
5–9 units1672.7%
10–19 units50.1%
20–49 units00.0%
50+ units00.0%
Mobile1,79228.6%

2–4 unit share 1.4% · 5–49 unit share 2.7% · combined 2–49 4.2%.

Units by bedrooms

Studio
5
1BR
207
2BR
1,385
3BR
3,679
4BR
923
5+
67

Rent burden

Rent ≥30% of income34.2%
Rent ≥50% of income19.8%
  • ACS median gross rent $838 (all bedrooms, occupied rentals).
  • Median contract rent $607.
  • Renters paying ≥30% of income 34.2%; ≥50% 19.8%.
  • FY2027 2BR SAFMR $1,070 (1.277× ACS median gross rent).

Population

15,087 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +20.8%.

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

Assisted inventory

  • LIHTC: 1 projects, 24 units.
  • HUD project-based assisted MF: 1 properties, 16 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 7 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 29323 21.0% of occupied households are renters; vacancy is 10.0%; ACS median gross rent is $838; population increased +20.8% between the 2018 and 2023 ACS vintages; the housing stock includes 89 units in 2–4-unit structures and 172 units in 5–49-unit structures; 1 LIHTC projects totaling 24 units; FY2027 2BR SAFMR is $1,070 versus ACS median gross rent of $838. 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 29323 is a Census / HUD profile for Cherokee County, 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 29323?

ZIP 29323 (Cherokee County, SC) has 15,087 residents, 5,640 households, a renter share of 21.0%, median household income of $59,753, and ACS 2023 median gross rent of $838. Vacancy is 10.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 29323?

ACS counts 32 units in 2-unit buildings, 57 in 3–4 unit buildings, 167 in 5–9, 5 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 261 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 29323?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,070. See the full schedule and 90–110% payment-standard band on the ZIP 29323 — Chesnee, SC HUD Section 8 Payment Standards / SAFMR.

Does this South Carolina ZIP profile include Georgia listings?

No. ZIP 29323 is Census / HUD research for Cherokee County, SC. 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.