ZIP Code · SC

ZIP 29316

Part of Boiling Springs, SC

Pop. 33,104·Spartanburg County·70th most expensive ZIP in South Carolina

Median rent (all units)

$1,597/mo

Year-over-Year

+4.2%

Month-over-Month

+0.9%

vs US Median

-$335

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 29316 · $1,597

More affordable than 66% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,090

1 BR

$1,140

2 BR

$1,250

3 BR

$1,520

4 BR+

$1,750

Research median

$1,250/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 29316 is at its highest level since Zillow's records here began in October 2022.

Past year vs. the rest of South Carolina

Rent in ZIP 29316 changed +4.2% 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 7 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($74,735) is $1,868 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,750).

Cheaper nearby

ZIP 29303, 3 miles away, rents for 12% less ($1,405/mo), about $2,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 29316. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,164/yr

At $1,597/mo median

Location

CityBoiling Springs

StateSC

CountySpartanburg County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 4.2% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+4.2% YoY, +0.9% MoM), not inventory.

Demographics

Who lives here

ZIP 29316 (Boiling Springs, SC) is majority owner-occupied, 25.2% of residents hold a bachelor's degree or higher.

Population

33,104

Median income

$74,735

Median age

33.9

Renters

22%

Age distribution

24.9%

26.7%

23.8%

13.1%

Under 1824.9%

18–3426.7%

35–5423.8%

55–6411.5%

65+13.1%

Gender

46.7%

53.3%

Male46.7%

Female53.3%

Race & ethnicity

71.8%

15.1%

White71.8%

Black15.1%

Hispanic6.1%

Asian3.9%

Other3.1%

Education (25+)

34.7%

33%

25.2%

No HS diploma7.2%

HS diploma34.7%

Some college33%

Bachelor's+25.2%

Housing tenure

78%

22%

Owner78%

Renter22%

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

2023 vs 2026

How ZIP 29316 in Boiling Springs, SC has changed in 5 years

Rent

$1,424 → $1,597

up 12.1%

Income

$66,199 → $74,735

up 12.9%

Population

28,930 → 33,104

up 14.4%

Renter share

21.1% → 22%

+0.9 pts

Bachelor's+

25.9% → 25.2%

-0.7 pts

The median rent in ZIP 29316 in Boiling Springs, SC stood at $1,424 in 2023 and currently runs about $1,597, reflecting a 12.1% increase over the period. Local incomes tracked alongside that move, going from a median of $66,199 in 2021 to $74,735 more recently. The population has grown by 14.4% since 2021, moving from about 28,930 residents to roughly 33,104. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 29316 in Boiling Springs, SC market of 2023.

Community

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Local insights

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About renting in ZIP 29316

Last updated: October 17, 2026

ZIP code 29316 covers Boiling Springs, SC. The median rent here is $1,597/mo as of October 2026. A 1-bedroom rents for a median of $1,140/mo. A 2-bedroom rents for a median of $1,250/mo.

At 26% of local median household income ($74,735/yr), ZIP 29316 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 29316?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (about $31/hour full-time) to afford the median rent of $1,597/mo in ZIP 29316. The local median household income is $74,735/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 29316?

Rent in ZIP 29316 has risen 4.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in October 2022.

How does ZIP 29316 compare to other ZIPs in South Carolina?

ZIP 29316 is in the middle among South Carolina ZIP codes for rent, ranking #70 of 117 at $1,597/mo. Over the year to September 2026, rent in ZIP 29316 changed +4.2%, against a typical +3.4% across the 101 South Carolina ZIP codes Zillow tracks.