City Report · SC

Greenville

Pop. 72,935·42nd most expensive in South Carolina·Rental market data updated monthly for Greenville, SC
Median rent (all units)
$1,564/mo
Year-over-Year
+3.1%
Month-over-Month
+0.7%
vs US Median
-$368
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Greenville · $1,564
More affordable than 71% of US cities · National median $1,932/mo
Rent Reality Score
62/100
Good value
OverheatedFairGreat value

Rents are 6% below what Greenville's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,564/mo
Expected by trend
$1,662/mo
The Rent Reality Score compares today's median rent to where Greenville's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,181
1 BR
$1,227
2 BR
$1,361
3 BR
$1,667
4 BR+
$1,996
Fair Market Rent (HUD)
$1,361/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,564 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in Greenville usually run 0.9% below trend in December and 1.1% above it in July, about $31 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Greenville is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of South Carolina

Rent in Greenville changed +3.1% over the year to September 2026. Across the 54 South Carolina cities Zillow tracks, the typical change was +3.1%.

Rent vs. income since 2019

From 2019 to 2024, rent in Greenville rose 33.5% while median household income rose 26.3% ($56,609 to $71,472). Rent outpaced income.

Since before the pandemic

Rent in Greenville is 37% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 8 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($71,472) is $1,787 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,667); a 4-bedroom is $1,996.

Spread across ZIP codes

The priciest of 7 ZIP codes in Greenville, 29601 ($1,825/mo), costs 31% more than the cheapest, 29615 ($1,393/mo).

Cheaper nearby

Mauldin, 7 miles away, rents for 13% less ($1,368/mo), about $2,400 a year in savings.

From Zillow's monthly rent index (ZORI) for Greenville. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$18,768/yr
At $1,564/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.1% YoY, +0.7% MoM), not inventory.
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Demographics

Who lives here

Greenville, SC is majority renter-occupied, skews toward younger working-age adults, 55.5% of residents hold a bachelor's degree or higher.

Population
72,935
Median income
$71,472
Median age
34.7
Renters
58.9%
Age distribution
17.2%
33.3%
23.8%
15.1%
Under 1817.2%
18–3433.3%
35–5423.8%
55–6410.6%
65+15.1%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
67.4%
19.4%
White67.4%
Black19.4%
Hispanic7.2%
Asian2.2%
Other3.7%
Education (25+)
17.5%
20%
55.5%
No HS diploma7%
HS diploma17.5%
Some college20%
Bachelor's+55.5%
Housing tenure
41.1%
58.9%
Owner41.1%
Renter58.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Greenville, SC has changed in 5 years

Rent
$1,202 → $1,564
up 30.1%
Income
$60,388 → $71,472
up 18.4%
Population
69,725 → 72,935
up 4.6%
Renter share
58.7% → 58.9%
+0.2 pts
Bachelor's+
52.5% → 55.5%
+3.0 pts

Across the past five years, the going rent in Greenville, SC has shifted from $1,202 to $1,564, up 30.1% since 2021. Census figures show median household income at $71,472 today, compared with $60,388 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Greenville, SC adding about 3,210 residents over the five-year window, up 4.6% on net. Bachelor's-degree-or-higher attainment moved from 52.5% to 55.5% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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View Greenville rent history (2015–2026) →
Salary vs rent

Can you afford rent in Greenville on your salary?

At $1,564/mo, how Greenville rent compares to typical pay (30% rule).

By apartment size

Greenville rent by bedroom count

Median rent for each apartment size in Greenville. Click any size for full breakdown.

Local insights

Tips for renters in Greenville

About renting in Greenville, SC

Last updated: October 17, 2026

The median rent in Greenville is $1,564/mo as of October 2026. A studio apartment averages $1,181/mo while a 2-bedroom runs $1,361/mo. One-bedroom apartments average $1,227/mo and 3-bedroom units go for $1,667/mo.

At 26% of local median household income ($71,472/yr), Greenville ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Greenville?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (about $30/hour full-time) to afford the median rent of $1,564/mo in Greenville. The local median household income is $71,472/yr, so the typical household meets that bar.

Is rent going up or down in Greenville?

Rent in Greenville has risen 3.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in Greenville?

Asking rents in Greenville are usually lowest in December, about 0.9% below their yearly trend, and highest in July, about 1.1% above it. At today's median that is a gap of roughly $31 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Greenville?

Yes. From 2019 to 2024, rent in Greenville rose 33.5% while median household income rose 26.3%, from $56,609 to $71,472. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Greenville neighborhoods have the lowest rent?

The most affordable ZIP codes in Greenville are 29615 ($1,393/mo), 29607 ($1,501/mo), and 29609 ($1,538/mo). Citywide, the median rent is $1,564/mo.

How does Greenville rent compare to other cities in South Carolina?

Greenville is one of the more affordable among South Carolina cities for rent, ranking #42 of 62 tracked cities at $1,564/mo. Over the year to September 2026, rent in Greenville changed +3.1%, against a typical +3.1% across the 54 South Carolina cities Zillow tracks.

Which nearby cities are cheaper to rent in than Greenville?

Nearby cities with lower median rent than Greenville ($1,564/mo) include Mauldin ($1,368/mo), Taylors ($1,369/mo), and Piedmont ($1,455/mo).
Income Affordability
26%
AFFORDABLE

At $1,564/mo, rent takes ~26% of Greenville's median household income ($71,472/yr). The standard benchmark is 30%.

Greenville 26%Benchmark 30%
State income tax3–6.2%
Run the Greenville affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Greenville, SC

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