Housing market/South Carolina/ZIP 29644

ACS 2023 · FY2027 SAFMR

ZIP 29644 Fountain Inn, 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
22,400
Households
8,793
Median HH income
$67,527
Renter share
27.6%
Median gross rent
$1,060
Vacancy
6.5%
Pop. change
+5.8%
2BR SAFMR
$1,360
SAFMR / rent
1.283×
2–49 unit stock
1,062
LIHTC proj / units
5 / 224
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 29644 · SC — sent to you.

ZIP 29644 · SC

ACS median rent$1,060
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 29644

  • 1-unit detached6,00263.9%
  • 1-unit attached1641.7%
  • 2–4 units2322.5%
  • 5–49 units8308.8%
  • Mobile2,16323.0%
TypeUnitsShare
1-unit detached6,00263.8%
1-unit attached1641.7%
2 units (duplex)860.9%
3–4 units1461.6%
5–9 units1751.9%
10–19 units3573.8%
20–49 units2983.2%
50+ units00.0%
Mobile2,16323.0%

2–4 unit share 2.5% · 5–49 unit share 8.8% · combined 2–49 11.3%.

Units by bedrooms

Studio
18
1BR
166
2BR
1,913
3BR
4,938
4BR
1,715
5+
651

Rent burden

Rent ≥30% of income42.4%
Rent ≥50% of income18.6%
  • ACS median gross rent $1,060 (all bedrooms, occupied rentals).
  • Median contract rent $836.
  • Renters paying ≥30% of income 42.4%; ≥50% 18.6%.
  • FY2027 2BR SAFMR $1,360 (1.283× ACS median gross rent).

Population

22,400 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +5.8%.

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

Assisted inventory

  • LIHTC: 5 projects, 224 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 412 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 29644 27.6% of occupied households are renters; vacancy is 6.5%; ACS median gross rent is $1,060; population increased +5.8% between the 2018 and 2023 ACS vintages; the housing stock includes 232 units in 2–4-unit structures and 830 units in 5–49-unit structures; 5 LIHTC projects totaling 224 units; FY2027 2BR SAFMR is $1,360 versus ACS median gross rent of $1,060. 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 29644 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 29644?

ZIP 29644 (Spartanburg, SC HUD Metro FMR Area) has 22,400 residents, 8,793 households, a renter share of 27.6%, median household income of $67,527, and ACS 2023 median gross rent of $1,060. Vacancy is 6.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 29644?

ACS counts 86 units in 2-unit buildings, 146 in 3–4 unit buildings, 175 in 5–9, 357 in 10–19, and 298 in 20–49. Combined 2–49 unit stock is 1,062 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 29644?

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 29644 — Fountain Inn, SC HUD Section 8 Payment Standards / SAFMR.

Does this South Carolina ZIP profile include Georgia listings?

No. ZIP 29644 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.