City Report · SC

Newberry

Pop. 10,790·61st most expensive in South Carolina·One of the most affordable rental markets in the US
Median rent (all units)
$1,283/mo
Year-over-Year
Stable
Month-over-Month
-4.1%
vs US Median
-$649
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Newberry · $1,283
More affordable than 88% of US cities · National median $1,932/mo
Affordability
30% of income
MODERATE
0%30% benchmark60%+

At $1,283/mo, rent takes about 30% of the local median household income, slightly above the 30% benchmark.

Income to afford
$51,000/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
Fair Market Rent (HUD)
$1,020/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,283 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: August 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($51,260) is $1,282 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,230); a 4-bedroom is $1,350.

From Zillow's monthly rent index (ZORI) for Newberry. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$15,396/yr
At $1,283/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -4.1% MoM), not inventory.
Rent check

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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

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

Can you afford rent in Newberry on your salary?

At $1,283/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: August 17, 2026

The median rent in Newberry is $1,283/mo as of August 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 30% 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

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 $51,000/year (about $25/hour full-time) to afford the median rent of $1,283/mo in Newberry. The local median household income is $51,260/yr, so the typical household meets that bar.

Is rent going up or down in Newberry?

Rent in Newberry has been roughly flat over the past year, a 0.0% change.

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

Newberry is one of the more affordable among South Carolina cities for rent, ranking #61 of 67 tracked cities at $1,283/mo.

Which nearby cities are cheaper to rent in than Newberry?

Nearby cities with lower median rent than Newberry ($1,283/mo) include Greenwood ($1,115/mo).
Income Affordability
30%
MODERATE

At $1,283/mo, rent takes ~30% of Newberry's median household income ($51,260/yr). The standard benchmark is 30%.

Newberry 30%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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