ZIP Code · SC

ZIP 29223

Part of Columbia, SC
Pop. 53,074·Richland County·90th most expensive ZIP in South Carolina
Median rent (all units)
$1,464/mo
Year-over-Year
+1.5%
Month-over-Month
-0.3%
vs US Median
-$468
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 29223 · $1,464
More affordable than 76% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,120
1 BR
$1,270
2 BR
$1,390
3 BR
$1,770
4 BR+
$2,080
Research median
$1,390/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

January. Asking rents in ZIP 29223 usually run 0.7% below trend in January and 0.7% above it in August, about $20 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 29223 is 0.3% below its high of $1,469 in August 2026, at $1,464 as of September 2026.

Past year vs. the rest of South Carolina

Rent in ZIP 29223 changed +1.5% 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 29223 rose 43.9% while median household income rose 24.2% ($50,258 to $62,408). Rent outpaced income.

Since before the pandemic

Rent in ZIP 29223 is 48% 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 ($62,408) is $1,560 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,390); a 3-bedroom is $1,770.

Rank in Columbia

4th cheapest of 10 ZIP codes in Columbia.

From Zillow's monthly rent index (ZORI) for ZIP 29223. 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
$17,568/yr
At $1,464/mo median
Location
StateSC
CountyRichland 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 (+1.5% YoY, -0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 29223 (Columbia, SC) is majority owner-occupied, has a median income below the national average, 34% of residents hold a bachelor's degree or higher.

Population
53,074
Median income
$62,408
Median age
37.7
Renters
42.4%
Age distribution
22.5%
23.7%
24.9%
12.3%
16.6%
Under 1822.5%
18–3423.7%
35–5424.9%
55–6412.3%
65+16.6%
Gender
46%
54%
Male46%
Female54%
Race & ethnicity
26.6%
55.9%
White26.6%
Black55.9%
Hispanic11.8%
Asian4%
Other1.7%
Education (25+)
22.1%
33.4%
34%
No HS diploma10.4%
HS diploma22.1%
Some college33.4%
Bachelor's+34%
Housing tenure
57.6%
42.4%
Owner57.6%
Renter42.4%

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

2021 vs 2026

How ZIP 29223 in Columbia, SC has changed in 5 years

Rent
$1,066 → $1,464
up 37.3%
Income
$49,850 → $62,408
up 25.2%
Population
50,910 → 53,074
up 4.3%
Renter share
45.2% → 42.4%
-2.8 pts
Bachelor's+
35.9% → 34%
-1.9 pts

Five years ago, renters in ZIP 29223 in Columbia, SC paid around $1,066 a month. That figure now sits near $1,464, up 37.3% from the 2021 baseline. Household income in the area moved from $49,850 to $62,408 across the same window, up 25.2% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 29223 in Columbia, SC adding about 2,164 residents over the five-year window, up 4.3% on net. The renter share has eased from 45.2% to 42.4%, with owner-occupied housing accounting for the remainder. Reading these numbers side by side helps frame whether current listings in ZIP 29223 in Columbia, SC look reasonable against where the market sat half a decade ago.

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About renting in ZIP 29223

Last updated: October 17, 2026

ZIP code 29223 covers Columbia, SC. The median rent here is $1,464/mo as of October 2026. A 1-bedroom rents for a median of $1,270/mo. A 2-bedroom rents for a median of $1,390/mo.

At 28% of local median household income ($62,408/yr), ZIP 29223 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 29223?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (about $28/hour full-time) to afford the median rent of $1,464/mo in ZIP 29223. The local median household income is $62,408/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 29223?

Rent in ZIP 29223 has risen 1.5% over the past year as of September 2026. It sits 0.3% below its high of $1,469 in August 2026.

When is the cheapest time to rent in ZIP 29223?

Asking rents in ZIP 29223 are usually lowest in January, about 0.7% below their yearly trend, and highest in August, about 0.7% above it. At today's median that is a gap of roughly $20 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 29223?

Yes. From 2019 to 2024, rent in ZIP 29223 rose 43.9% while median household income rose 24.2%, from $50,258 to $62,408. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 29223 compare to other ZIPs in South Carolina?

ZIP 29223 is one of the more affordable among South Carolina ZIP codes for rent, ranking #90 of 117 at $1,464/mo. Over the year to September 2026, rent in ZIP 29223 changed +1.5%, against a typical +3.4% across the 101 South Carolina ZIP codes Zillow tracks.

How does ZIP 29223 compare to the rest of Columbia?

At $1,464/mo, ZIP 29223 is $36 below the Columbia citywide median of $1,500/mo. It is the 4th cheapest of 10 ZIP codes in Columbia.
Income Affordability
28%
AFFORDABLE

At $1,464/mo, rent takes ~28% of ZIP 29223's median household income ($62,408/yr). The standard benchmark is 30%.

ZIP 29223 28%Benchmark 30%
State income tax3–6.2%
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