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City Report · SC

Newberry

Pop. 10,790·59th most expensive in South Carolina·One of the most affordable rental markets in the US
Median rent (all units)
$1,338/mo
Year-over-Year
Stable
Month-over-Month
+7.0%
vs US Median
-$627
Rising (Monthly)
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Most AffordableMost Expensive
Newberry · $1,338
More affordable than 86% of US cities · National median $1,965/mo
Affordability
31% of income
MODERATE
0%30% benchmark60%+

At $1,338/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.

Income to afford
$54,000/yr
Local median income
$51,260/yr
Based on the 30%-of-income rule using Newberry's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$770
1 BR
$780
2 BR
$1,020
3 BR
$1,230
4 BR+
$1,350
Research median
$1,020/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$16,056/yr
At $1,338/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +7.0% MoM), not inventory.
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Demographics

Who lives here

Newberry, SC is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 19.7% of residents hold a bachelor's degree or higher.

Population
10,790
Median income
$51,260
Median age
29.3
Renters
49.9%
Age distribution
26.8%
30.8%
19.5%
14%
Under 1826.8%
18–3430.8%
35–5419.5%
55–648.9%
65+14%
Gender
49.6%
50.4%
Male49.6%
Female50.4%
Race & ethnicity
39.6%
41.8%
20.7%
White39.6%
Black41.8%
Hispanic20.7%
Asian1.5%
Education (25+)
18.6%
32.3%
29.4%
19.7%
No HS diploma18.6%
HS diploma32.3%
Some college29.4%
Bachelor's+19.7%
Housing tenure
50.1%
49.9%
Owner50.1%
Renter49.9%

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

2021 vs 2026

How Newberry, SC has changed in 5 years

Income
$44,330 → $51,260
up 15.6%
Population
10,496 → 10,790
up 2.8%
Renter share
44.2% → 49.9%
+5.7 pts
Bachelor's+
19.7% → 19.7%
+0.0 pts
Median age
35.7 → 29.3
-6.4 yrs

Census figures show median household income at $51,260 today, compared with $44,330 five years earlier. Census counts show Newberry, SC adding about 294 residents over the five-year window, up 2.8% on net. The renter share has risen from 44.2% to 49.9%, with owner-occupied housing accounting for the remainder.

Community

Discussions about Newberry

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

Can you afford rent in Newberry on your salary?

At $1,338/mo, how Newberry rent compares to typical pay (30% rule).

By apartment size

Newberry rent by bedroom count

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

Local insights

Tips for renters in Newberry

About renting in Newberry, SC

Last updated: July 20, 2026

The median rent in Newberry is $1,338/mo as of July 2026. A studio apartment averages $770/mo while a 2-bedroom runs $1,020/mo. One-bedroom apartments average $780/mo and 3-bedroom units go for $1,230/mo.

At 31% of local median household income ($51,260/yr), Newberry ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Newberry an affordable city for renters?

Newberry is considered moderate for renters. At $1,338/mo, rent takes approximately 31% of the local median household income ($51,260/yr). The standard benchmark is 30%. Newberry slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Newberry?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (~$26/hour full-time) to afford the median rent of $1,338/mo in Newberry. The local median household income is $51,260/yr, meaning the typical Newberry household falls short of that threshold.

Is rent going up or down in Newberry?

Rent in Newberry has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

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

Newberry is one of the more affordable cities in South Carolina for rent, ranking #59 out of 67 tracked cities at $1,338/mo.

Which nearby cities are cheaper to rent in than Newberry?

Greenwood is nearby and more affordable at $1,193/mo, which is $145 less than Newberry.

What percentage of Newberry residents rent vs. own?

According to Census data, approximately 49.9% of Newberry households are renters, while 50.1% are owner-occupied. Newberry leans toward homeownership, which can mean a smaller rental inventory.

How does Newberry rent compare to the national average?

Newberry's median rent of $1,338/mo is $627 (32%) below the US national median of $1,965/mo. Within South Carolina, it ranks #59 out of 67 tracked cities.
Income Affordability
31%
MODERATE

At $1,338/mo, rent takes ~31% of Newberry's median household income ($51,260/yr). The standard benchmark is 30%.

Newberry 31%Benchmark 30%
State income tax3–6.2%
Run the Newberry affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Newberry, SC

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