Housing market/South Carolina/ZIP 29678

ACS 2023 · FY2027 SAFMR

ZIP 29678 Seneca, Oconee County, South Carolina

Oconee 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
23,507
Households
10,311
Median HH income
$49,699
Renter share
37.7%
Median gross rent
$943
Vacancy
12.2%
Pop. change
+3.8%
2BR SAFMR
$1,210
SAFMR / rent
1.283×
2–49 unit stock
2,235
LIHTC proj / units
7 / 430
HUD assisted MF
7 / 268

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 29678 · SC — sent to you.

ZIP 29678 · SC

ACS median rent$943
2BR SAFMR$1,210
90% floor$1,089
110% ceiling$1,331

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

Housing stock

ACS 2023 units-in-structure · ZCTA 29678

  • 1-unit detached7,15261.0%
  • 1-unit attached3723.2%
  • 2–4 units9448.1%
  • 5–49 units1,29111.0%
  • 50+ units1131.0%
  • Mobile1,84715.8%
TypeUnitsShare
1-unit detached7,15260.9%
1-unit attached3723.2%
2 units (duplex)3192.7%
3–4 units6255.3%
5–9 units3953.4%
10–19 units6585.6%
20–49 units2382.0%
50+ units1131.0%
Mobile1,84715.7%

2–4 unit share 8.0% · 5–49 unit share 11.0% · combined 2–49 19.0%.

Units by bedrooms

Studio
146
1BR
944
2BR
3,049
3BR
5,589
4BR
1,656
5+
358

Rent burden

Rent ≥30% of income52.3%
Rent ≥50% of income20.7%
  • ACS median gross rent $943 (all bedrooms, occupied rentals).
  • Median contract rent $684.
  • Renters paying ≥30% of income 52.3%; ≥50% 20.7%.
  • FY2027 2BR SAFMR $1,210 (1.283× ACS median gross rent).

Population

23,507 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.8%.

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

Assisted inventory

  • LIHTC: 7 projects, 430 units.
  • HUD project-based assisted MF: 7 properties, 268 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 20 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 29678 37.7% of occupied households are renters; vacancy is 12.2%; ACS median gross rent is $943; population increased +3.8% between the 2018 and 2023 ACS vintages; the housing stock includes 944 units in 2–4-unit structures and 1,291 units in 5–49-unit structures; 7 LIHTC projects totaling 430 units; FY2027 2BR SAFMR is $1,210 versus ACS median gross rent of $943. 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 29678 is a Census / HUD profile for Oconee 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 29678?

ZIP 29678 (Oconee County, SC) has 23,507 residents, 10,311 households, a renter share of 37.7%, median household income of $49,699, and ACS 2023 median gross rent of $943. Vacancy is 12.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 29678?

ACS counts 319 units in 2-unit buildings, 625 in 3–4 unit buildings, 395 in 5–9, 658 in 10–19, and 238 in 20–49. Combined 2–49 unit stock is 2,235 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 29678?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,210. See the full schedule and 90–110% payment-standard band on the ZIP 29678 — Seneca, SC HUD Section 8 Payment Standards / SAFMR.

Does this South Carolina ZIP profile include Georgia listings?

No. ZIP 29678 is Census / HUD research for Oconee 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.