ZIP Code · SC

ZIP 29607

Pop. 46,209·Greenville County·84th most expensive ZIP in South Carolina
Median rent (all units)
$1,501/mo
Year-over-Year
+2.5%
Month-over-Month
+0.6%
vs US Median
-$431
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 29607 · $1,501
More affordable than 73% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,400
1 BR
$1,470
2 BR
$1,610
3 BR
$1,940
4 BR+
$2,340
Research median
$1,610/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 29607 usually run 1.8% below trend in January and 1.4% above it in July, about $48 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 29607 is at its highest level since Zillow's records here began in May 2016.

Past year vs. the rest of South Carolina

Rent in ZIP 29607 changed +2.5% 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 29607 rose 31.3% while median household income rose 22.5% ($60,823 to $74,503). Rent outpaced income.

Since before the pandemic

Rent in ZIP 29607 is 30.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 8 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($74,503) is $1,863 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,610); a 3-bedroom is $1,940.

Rank in Greenville

2nd cheapest of 7 ZIP codes in Greenville.

From Zillow's monthly rent index (ZORI) for ZIP 29607. 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
$18,012/yr
At $1,501/mo median
Location
StateSC
CountyGreenville County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.5% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 29607 (Greenville, SC) is roughly split between renters and owners, skews toward younger working-age adults, 51.8% of residents hold a bachelor's degree or higher.

Population
46,209
Median income
$74,503
Median age
34.4
Renters
53.6%
Age distribution
20.3%
30.7%
23.8%
15.4%
Under 1820.3%
18–3430.7%
35–5423.8%
55–649.8%
65+15.4%
Gender
46.9%
53.1%
Male46.9%
Female53.1%
Race & ethnicity
63.8%
22.6%
White63.8%
Black22.6%
Hispanic7.8%
Asian3.7%
Other2.1%
Education (25+)
17.6%
24.5%
51.8%
No HS diploma6.1%
HS diploma17.6%
Some college24.5%
Bachelor's+51.8%
Housing tenure
46.4%
53.6%
Owner46.4%
Renter53.6%

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

2021 vs 2026

How ZIP 29607 in Greenville, SC has changed in 5 years

Rent
$1,170 → $1,501
up 28.3%
Income
$61,623 → $74,503
up 20.9%
Population
41,624 → 46,209
up 11.0%
Renter share
54.3% → 53.6%
-0.7 pts
Bachelor's+
47% → 51.8%
+4.8 pts

Across the past five years, the going rent in ZIP 29607 in Greenville, SC has shifted from $1,170 to $1,501, up 28.3% since 2021. Household income in the area moved from $61,623 to $74,503 across the same window, up 20.9% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 29607 in Greenville, SC adding about 4,585 residents over the five-year window, up 11.0% on net. Bachelor's-degree-or-higher attainment moved from 47% to 51.8% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 29607 in Greenville, SC look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 29607

Last updated: October 17, 2026

ZIP code 29607 covers Greenville, SC. The median rent here is $1,501/mo as of October 2026. A 1-bedroom rents for a median of $1,470/mo. A 2-bedroom rents for a median of $1,610/mo.

At 24% of local median household income ($74,503/yr), ZIP 29607 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 29607?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (about $29/hour full-time) to afford the median rent of $1,501/mo in ZIP 29607. The local median household income is $74,503/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 29607?

Rent in ZIP 29607 has risen 2.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in May 2016.

When is the cheapest time to rent in ZIP 29607?

Asking rents in ZIP 29607 are usually lowest in January, about 1.8% below their yearly trend, and highest in July, about 1.4% above it. At today's median that is a gap of roughly $48 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 29607?

Yes. From 2019 to 2024, rent in ZIP 29607 rose 31.3% while median household income rose 22.5%, from $60,823 to $74,503. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 29607 compare to other ZIPs in South Carolina?

ZIP 29607 is one of the more affordable among South Carolina ZIP codes for rent, ranking #84 of 117 at $1,501/mo. Over the year to September 2026, rent in ZIP 29607 changed +2.5%, against a typical +3.4% across the 101 South Carolina ZIP codes Zillow tracks.

How does ZIP 29607 compare to the rest of Greenville?

At $1,501/mo, ZIP 29607 is $63 below the Greenville citywide median of $1,564/mo. It is the 2nd cheapest of 7 ZIP codes in Greenville.
Income Affordability
24%
VERY AFFORDABLE

At $1,501/mo, rent takes ~24% of ZIP 29607's median household income ($74,503/yr). The standard benchmark is 30%.

ZIP 29607 24%Benchmark 30%
State income tax3–6.2%
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