ZIP Code · SC

ZIP 29306

Part of Spartanburg, SC

Pop. 16,714·Spartanburg County·112th most expensive ZIP in South Carolina

Median rent (all units)

$1,219/mo

Year-over-Year

+0.3%

Month-over-Month

-0.3%

vs US Median

-$713

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 29306 · $1,219

More affordable than 90% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,030

1 BR

$1,080

2 BR

$1,180

3 BR

$1,430

4 BR+

$1,650

Research median

$1,180/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 29306 is 2.1% below its high of $1,245 in June 2026, at $1,219 as of September 2026.

Past year vs. the rest of South Carolina

Rent in ZIP 29306 changed +0.3% 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 fallen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($41,356) is $1,034 a month. That covers HUD's Fair Market Rent for up to a studio ($1,030); a 1-bedroom is $1,080.

Rank in Spartanburg

1st cheapest of 5 ZIP codes in Spartanburg.

From Zillow's monthly rent index (ZORI) for ZIP 29306. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$14,628/yr

At $1,219/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, -0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 29306 (Spartanburg, SC) is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 20.8% of residents hold a bachelor's degree or higher.

Population

16,714

Median income

$41,356

Median age

32.3

Renters

54.5%

Age distribution

28.3%

25.1%

20.5%

14.6%

Under 1828.3%

18–3425.1%

35–5420.5%

55–6411.5%

65+14.6%

Gender

44.3%

55.7%

Male44.3%

Female55.7%

Race & ethnicity

36.2%

49.9%

White36.2%

Black49.9%

Hispanic9%

Asian1.4%

Other3.4%

Education (25+)

16.1%

37.1%

26%

20.8%

No HS diploma16.1%

HS diploma37.1%

Some college26%

Bachelor's+20.8%

Housing tenure

45.5%

54.5%

Owner45.5%

Renter54.5%

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

2023 vs 2026

How ZIP 29306 in Spartanburg, SC has changed in 5 years

Rent

$1,073 → $1,219

up 13.6%

Income

$32,702 → $41,356

up 26.5%

Population

17,414 → 16,714

down 4.0%

Renter share

56% → 54.5%

-1.5 pts

Bachelor's+

19.1% → 20.8%

+1.7 pts

Median age

31.7 → 32.3

+0.6 yrs

Across the past five years, the going rent in ZIP 29306 in Spartanburg, SC has shifted from $1,073 to $1,219, up 13.6% since 2023. On the earnings side, the typical household in ZIP 29306 in Spartanburg, SC now reports about $41,356, up from $32,702 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 29306 in Spartanburg, SC losing about 700 residents over the five-year window, down 4.0% on net. The renter share has eased from 56% to 54.5%, with owner-occupied housing accounting for the remainder. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 29306 in Spartanburg, SC reflects that arc in its own way.

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About renting in ZIP 29306

Last updated: October 17, 2026

ZIP code 29306 covers Spartanburg, SC. The median rent here is $1,219/mo as of October 2026. A 1-bedroom rents for a median of $1,080/mo. A 2-bedroom rents for a median of $1,180/mo.

At 35% of local median household income ($41,356/yr), ZIP 29306 ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 29306?

To keep rent at or below 30% of gross income, you would need to earn at least $49,000/year (about $24/hour full-time) to afford the median rent of $1,219/mo in ZIP 29306. The local median household income is $41,356/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 29306?

Rent in ZIP 29306 has been roughly flat over the past year as of September 2026, a +0.3% change. It sits 2.1% below its high of $1,245 in June 2026.

How does ZIP 29306 compare to other ZIPs in South Carolina?

ZIP 29306 is one of the more affordable among South Carolina ZIP codes for rent, ranking #112 of 117 at $1,219/mo. Over the year to September 2026, rent in ZIP 29306 changed +0.3%, against a typical +3.4% across the 101 South Carolina ZIP codes Zillow tracks.