Spartanburg
South Carolina · Ranked #141 of 373 metros
82Affordable
💡
Housing in Spartanburg costs 3.81× the median income, below the national average of 4.5×. The median home price is $233K and median rent is $1,006/month. Spartanburg ranks #141 of 373 metros for affordability.
Median Home Price
🏠$233K
Need $69K income
Median Rent
🔑$1,006
Need $40K income
Building Permits
🔨3,230
annual
Median Income
💰$61K
Pop: 371,080
Rent Burden
⚠️20.2%
of renters paying >30%
Homeownership
🏡72.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Spartanburg | National |
|---|---|---|
| Price-to-Income Ratio | 3.81x | 6.1x |
| Rent Burden | 20.2% | 31.5% |
| Homeownership Rate | 72.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +76.9%Since 2000: +174.8%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,034/mo
1 Bedroom$1,083/mo
2 Bedroom$1,187/mo
3 Bedroom$1,439/mo
4 Bedroom$1,661/mo
Zillow Market Data
Home Value (ZHVI)
$274K
1yr: +2.2%5yr: +41.5%
Rent (ZORI)
$1,415/mo
1yr: +1.9%5yr: +31.5%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$283K
Active Inventory
2,013
Days on Market
97
Sold Above List
10.3%
Price Drops
31.4%