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ZIP Code · SC

ZIP 29707

Pop. 37,629·Lancaster County·48th most expensive ZIP in South Carolina
Median rent (all units)
$1,774/mo
Year-over-Year
+4.0%
Month-over-Month
+1.0%
vs US Median
-$191
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 29707 · $1,774
More affordable than 53% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,320
1 BR
$1,390
2 BR
$1,520
3 BR
$2,080
4 BR+
$2,550
Research median
$1,520/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: July 20, 2026

Annual cost
$21,288/yr
At $1,774/mo median
Location
StateSC
CountyLancaster County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.0% YoY, +1.0% MoM), not inventory.
Demographics

Who lives here

ZIP 29707 (Fort Mill, SC) is majority owner-occupied, has a large retiree population, has a median income above the national average, 54.2% of residents hold a bachelor's degree or higher.

Population
37,629
Median income
$118,295
Median age
43
Renters
9.6%
Age distribution
21.9%
14.8%
27.5%
24.5%
Under 1821.9%
18–3414.8%
35–5427.5%
55–6411.3%
65+24.5%
Gender
48%
52%
Male48%
Female52%
Race & ethnicity
71.2%
White71.2%
Black10.5%
Hispanic9%
Asian6.1%
Other3.2%
Education (25+)
14.8%
26.3%
54.2%
No HS diploma4.7%
HS diploma14.8%
Some college26.3%
Bachelor's+54.2%
Housing tenure
90.4%
Owner90.4%
Renter9.6%

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

2021 vs 2026

How ZIP 29707 in Fort Mill, SC has changed in 5 years

Rent
$1,411 → $1,774
up 25.7%
Income
$99,417 → $118,295
up 19.0%
Population
31,310 → 37,629
up 20.2%
Renter share
7.7% → 9.6%
+1.9 pts
Bachelor's+
50.6% → 54.2%
+3.6 pts
Median age
44.9 → 43
-1.9 yrs

Since 2021, the typical rent in ZIP 29707 in Fort Mill, SC has increased from $1,411 to $1,774, a 25.7% change over five years. Median household income rose from $99,417 to $118,295 between 2021 and 2024, a 19.0% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 20.2% since 2021, moving from about 31,310 residents to roughly 37,629. Renters now make up 9.6% of households, compared with 7.7% five years ago. College-educated residents now make up 54.2% of adults here, versus 50.6% in 2021. Taken together, the five-year picture in ZIP 29707 in Fort Mill, SC reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

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About renting in ZIP 29707

Last updated: July 20, 2026

ZIP code 29707 covers Fort Mill, SC. The median rent here is $1,774/mo as of July 2026. A 1-bedroom rents for a median of $1,390/mo. A 2-bedroom rents for a median of $1,520/mo.

At 18% of local median household income ($118,295/yr), ZIP 29707 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 29707?

As of July 20, 2026, the median monthly rent in ZIP 29707 (Fort Mill, SC) is $1,774. This is based on aggregated data from public sources and community submissions.

How does ZIP 29707 rent compare to the US average?

ZIP 29707's median rent of $1,774/mo is $191 (10%) below the US national median of $1,965/mo.

How does ZIP 29707 compare to other ZIPs in South Carolina?

ZIP 29707 falls in the middle range for South Carolina, ranking #48 out of 124 ZIPs at $1,774/mo.

How much income do you need to rent in ZIP 29707?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,774/mo in ZIP 29707. The local median household income is $118,295/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 29707?

Rent in ZIP 29707 has increased 4.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 29707 an affordable place to rent?

ZIP 29707 is considered very affordable for renters. At $1,774/mo, rent takes approximately 18% of the local median household income ($118,295/yr). The standard benchmark is 30%. ZIP 29707 falls comfortably within that range.

What percentage of ZIP 29707 residents rent vs. own?

According to Census data, approximately 9.6% of ZIP 29707 households are renters, while 90.4% are owner-occupied. ZIP 29707 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 29707 compare to the rest of Fort Mill?

ZIP 29707 is more affordable than Fort Mill overall. At $1,774/mo, it's $29 below the Fort Mill citywide median of $1,803/mo.

When was rent data for ZIP 29707 last updated?

Rent data for ZIP 29707 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
18%
VERY AFFORDABLE

At $1,774/mo, rent takes ~18% of ZIP 29707's median household income ($118,295/yr). The standard benchmark is 30%.

ZIP 29707 18%Benchmark 30%
State income tax3–6.2%
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