ZIP Code · SC

ZIP 29303

Part of Spartanburg, SC

Pop. 28,381·Spartanburg County·95th most expensive ZIP in South Carolina

Median rent (all units)

$1,405/mo

Year-over-Year

-0.3%

Month-over-Month

+0.2%

vs US Median

-$527

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 29303 · $1,405

More affordable than 80% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$990

1 BR

$1,040

2 BR

$1,140

3 BR

$1,380

4 BR+

$1,590

Research median

$1,140/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

Compared with the peak

Rent in ZIP 29303 is 0.4% below its high of $1,410 in September 2025, at $1,405 as of September 2026.

Past year vs. the rest of South Carolina

Rent in ZIP 29303 changed -0.4% over the year to September 2026. Across the 101 South Carolina ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent has risen 2 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($48,295) is $1,207 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,140); a 3-bedroom is $1,380.

Rank in Spartanburg

4th cheapest of 5 ZIP codes in Spartanburg.

Cheaper nearby

ZIP 29306, 7 miles away, rents for 13% less ($1,219/mo), about $2,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 29303. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$16,860/yr

At $1,405/mo median

Location

CitySpartanburg

StateSC

CountySpartanburg 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 (-0.3% YoY, +0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 29303 (Spartanburg, SC) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 10.9% of residents hold a bachelor's degree or higher.

Population

28,381

Median income

$48,295

Median age

30.9

Renters

52.7%

Age distribution

21.4%

33.9%

21.3%

Under 1821.4%

18–3433.9%

35–5421.3%

55–6411.5%

65+11.8%

Gender

51.5%

48.5%

Male51.5%

Female48.5%

Race & ethnicity

45.3%

34.7%

16%

White45.3%

Black34.7%

Hispanic16%

Asian1.7%

Other2.2%

Education (25+)

21%

35.2%

32.8%

No HS diploma21%

HS diploma35.2%

Some college32.8%

Bachelor's+10.9%

Housing tenure

47.3%

52.7%

Owner47.3%

Renter52.7%

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

2023 vs 2026

How ZIP 29303 in Spartanburg, SC has changed in 5 years

Rent

$1,163 → $1,405

up 20.8%

Income

$38,775 → $48,295

up 24.6%

Population

26,530 → 28,381

up 7.0%

Renter share

51.9% → 52.7%

+0.8 pts

Bachelor's+

15.1% → 10.9%

-4.2 pts

Median age

30.2 → 30.9

+0.7 yrs

Five years ago, renters in ZIP 29303 in Spartanburg, SC paid around $1,163 a month. That figure now sits near $1,405, up 20.8% from the 2023 baseline. On the earnings side, the typical household in ZIP 29303 in Spartanburg, SC now reports about $48,295, up from $38,775 in 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 29303 in Spartanburg, SC adding about 1,851 residents over the five-year window, up 7.0% on net. Bachelor's-degree-or-higher attainment moved from 15.1% to 10.9% across the same window. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 29303 in Spartanburg, SC reflects that arc in its own way.

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About renting in ZIP 29303

Last updated: October 17, 2026

ZIP code 29303 covers Spartanburg, SC. The median rent here is $1,405/mo as of October 2026. A 1-bedroom rents for a median of $1,040/mo. A 2-bedroom rents for a median of $1,140/mo.

At 35% of local median household income ($48,295/yr), ZIP 29303 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 29303?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (about $27/hour full-time) to afford the median rent of $1,405/mo in ZIP 29303. The local median household income is $48,295/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 29303?

Rent in ZIP 29303 has been roughly flat over the past year as of September 2026, a -0.3% change. It sits 0.4% below its high of $1,410 in September 2025.

How does ZIP 29303 compare to other ZIPs in South Carolina?

ZIP 29303 is one of the more affordable among South Carolina ZIP codes for rent, ranking #95 of 117 at $1,405/mo. Over the year to September 2026, rent in ZIP 29303 changed -0.4%, against a typical +3.4% across the 101 South Carolina ZIP codes Zillow tracks.