ZIP Code · SC

ZIP 29072

Pop. 69,407·Lexington County·55th most expensive ZIP in South Carolina
Median rent (all units)
$1,724/mo
Year-over-Year
Stable
Month-over-Month
-0.3%
vs US Median
-$208
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 29072 · $1,724
More affordable than 56% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,160
1 BR
$1,300
2 BR
$1,430
3 BR
$1,820
4 BR+
$2,140
Research median
$1,430/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

March. Asking rents in ZIP 29072 usually run 0.9% below trend in March and 0.9% above it in October, about $31 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 29072 is 0.6% below its high of $1,734 in June 2026, at $1,724 as of September 2026.

Past year vs. the rest of South Carolina

Rent in ZIP 29072 changed +0.1% over the year to September 2026. Across the 101 South Carolina ZIP codes Zillow tracks, the typical change was +3.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 29072 rose 40.2% while median household income rose 21.3% ($87,667 to $106,382). Rent outpaced income.

Since before the pandemic

Rent in ZIP 29072 is 44.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($106,382) is $2,660 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,140).

Cheaper nearby

ZIP 29170, 8 miles away, rents for 17% less ($1,423/mo), about $3,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 29072. 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
$20,688/yr
At $1,724/mo median
Location
StateSC
CountyLexington County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.1% YoY, -0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 29072 (Lexington, SC) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 49% of residents hold a bachelor's degree or higher.

Population
69,407
Median income
$106,382
Median age
40.1
Renters
16.7%
Age distribution
25.2%
17.8%
29.6%
15.4%
Under 1825.2%
18–3417.8%
35–5429.6%
55–6412%
65+15.4%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
81%
White81%
Black7.5%
Hispanic5.5%
Asian3.8%
Other2.2%
Education (25+)
17%
30%
49%
No HS diploma4.1%
HS diploma17%
Some college30%
Bachelor's+49%
Housing tenure
83.3%
16.7%
Owner83.3%
Renter16.7%

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

2021 vs 2026

How ZIP 29072 in Lexington, SC has changed in 5 years

Rent
$1,273 → $1,724
up 35.4%
Income
$92,026 → $106,382
up 15.6%
Population
65,308 → 69,407
up 6.3%
Renter share
17.7% → 16.7%
-1.0 pts
Bachelor's+
47.6% → 49%
+1.4 pts
Median age
38.7 → 40.1
+1.4 yrs

Compared with 2021, rent in ZIP 29072 in Lexington, SC has increased by $451 per month, settling near $1,724 after starting the period at $1,273. On the earnings side, the typical household in ZIP 29072 in Lexington, SC now reports about $106,382, up from $92,026 in 2021. Rent outpaced income growth by roughly 19.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 65,308 to 69,407 between 2021 and 2024, a 6.3% change. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 29072 in Lexington, SC reflects that arc in its own way.

Community

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Local insights

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About renting in ZIP 29072

Last updated: October 17, 2026

ZIP code 29072 covers Lexington, SC. The median rent here is $1,724/mo as of October 2026. A 1-bedroom rents for a median of $1,300/mo. A 2-bedroom rents for a median of $1,430/mo.

At 19% of local median household income ($106,382/yr), ZIP 29072 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 29072?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (about $33/hour full-time) to afford the median rent of $1,724/mo in ZIP 29072. The local median household income is $106,382/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 29072?

Rent in ZIP 29072 has been roughly flat over the past year as of September 2026, a +0.1% change. It sits 0.6% below its high of $1,734 in June 2026.

When is the cheapest time to rent in ZIP 29072?

Asking rents in ZIP 29072 are usually lowest in March, about 0.9% below their yearly trend, and highest in October, about 0.9% above it. At today's median that is a gap of roughly $31 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 29072?

Yes. From 2019 to 2024, rent in ZIP 29072 rose 40.2% while median household income rose 21.3%, from $87,667 to $106,382. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 29072 compare to other ZIPs in South Carolina?

ZIP 29072 is in the middle among South Carolina ZIP codes for rent, ranking #55 of 117 at $1,724/mo. Over the year to September 2026, rent in ZIP 29072 changed +0.1%, against a typical +3.4% across the 101 South Carolina ZIP codes Zillow tracks.

How does ZIP 29072 compare to the rest of Lexington?

At $1,724/mo, ZIP 29072 is $50 below the Lexington citywide median of $1,774/mo.
Income Affordability
19%
VERY AFFORDABLE

At $1,724/mo, rent takes ~19% of ZIP 29072's median household income ($106,382/yr). The standard benchmark is 30%.

ZIP 29072 19%Benchmark 30%
State income tax3–6.2%
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Public schools near ZIP 29072 (Lexington, SC)

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