Department of Numbers

Spartanburg County South Carolina Residential Rent and Rental Statistics

The median monthly gross residential rent in Spartanburg County SC was $798 in 2017 according to the Census ACS survey.1 Average gross rent in Spartanburg County was $757 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Spartanburg County median and average rent data will be released in September of 2019.

Data is also available below for Spartanburg County rental vacancy rates, Spartanburg County rent as a percent of median income and the fraction of renters in Spartanburg County.

Show dollars as: Nominal Real

Real Gross Rent in Spartanburg County South Carolina (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
South Carolina Median Gross Rent $848 -0.70% +4.69%
Spartanburg County SC Median Gross Rent $798 +6.54% +11.30%

Spartanburg County SC Real Gross Rent Trends

At $798, real median gross rent in Spartanburg County was at its highest level in 2017 since the series began in 2005. At $757, real average gross rent in Spartanburg County was at its highest level in 2017 since the series began in 2005.

Real Gross Rent: Spartanburg County SC Median, Spartanburg County SC Average, South Carolina Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Spartanburg County

Date US
Median
South Carolina
Median
Spartanburg County SC
Median
Spartanburg County SC
Average
2017 $1,012 $848 $798 $757
2016 $996 $854 $749 $709
2015 $987 $843 $742 $707
2014 $956 $810 $717 $685
2013 $924 $782 $704 $657
2012 $912 $778 $704 $686
2011 $912 $776 $708 $643
2010 $927 $789 $693 $651
2009 $931 $780 $686 $678
2008 $947 $775 $704 $667
2007 $899 $735 $626 $610
2006 $909 $762 $673 $651

Spartanburg County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Spartanburg County South Carolina was 4.41% according to Census ACS data.

Rental Vacancy Rate in Spartanburg County South Carolina

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
South Carolina 8.97% +0.48% -1.57%
Spartanburg County SC 4.41% -0.73% -3.24%

Trends in Spartanburg County SC Rental Vacancy Rate

The rental vacancy rate in Spartanburg County peaked in 2009 at 16.89%. Since then it has fallen by 12.48% to 4.41%. Data records for this series originated in 2005.

Rental Vacancy Rate: Spartanburg County SC, South Carolina, US

Rental vacancy rate in South Carolina

Historical Rental Vacancy Rate data for Spartanburg County

Date US South Carolina Spartanburg County SC
2017 6.18% 8.97% 4.41%
2016 5.89% 8.49% 5.14%
2015 5.85% 9.45% 4.56%
2014 6.32% 10.54% 7.65%
2013 6.49% 10.54% 7.87%
2012 6.77% 12.68% 7.89%
2011 7.40% 12.12% 12.32%
2010 8.17% 13.69% 14.17%
2009 8.43% 13.35% 16.89%
2008 7.86% 12.38% 13.43%
2007 7.87% 11.99% 13.12%
2006 7.70% 11.42% 10.40%

Rent as a Fraction of Income

Using median household income data for Spartanburg County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Spartanburg County, median monthly gross rent as a fraction of median household income was 18.78% in 2017 according to the ACS.

Spartanburg County South Carolina Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
South Carolina 20.12% -0.26% -0.86%
Spartanburg County SC 18.78% +0.09% -0.45%

Trends in Spartanburg County SC Rent as a Fraction of Income

The fraction of median Spartanburg County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 20.20%. Since then it has fallen by 1.41% to 18.78%.

Fraction of Income towards Rent: Spartanburg County SC, South Carolina, US

Percent of median household income going towards median monthly gross rent in Spartanburg County South Carolina

Historical Data for Annual Rent as a Fraction of Income in Spartanburg County South Carolina

Date US South Carolina Spartanburg County SC
2017 20.13% 20.12% 18.78%
2016 20.43% 20.39% 18.69%
2015 20.63% 20.81% 19.17%
2014 20.89% 20.98% 19.23%
2013 20.78% 20.81% 19.64%
2012 20.65% 20.99% 20.02%
2011 20.70% 20.99% 20.20%
2010 20.50% 20.79% 18.32%
2009 20.12% 19.96% 18.78%
2008 19.00% 18.15% 16.28%
2007 18.66% 17.86% 16.10%
2006 18.90% 18.69% 17.08%

Renter Fraction in Spartanburg County South Carolina

You can calculate the renter fraction in Spartanburg County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Spartanburg County as a fraction of total Spartanburg County households. In 2017 30.45% of households were renters according to Census ACS data.

Spartanburg County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
South Carolina 31.25% -0.12% -0.70%
Spartanburg County SC 30.45% +0.32% -3.21%

Trends in the Spartanburg County SC Renter Fraction

The Spartanburg County household renter fraction peaked in in 2014 at 33.66% and is now 3.21% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Spartanburg County SC, South Carolina, US

Fraction of renters in Spartanburg County

History of Spartanburg County Renter Fraction

Date US South Carolina Spartanburg County SC
2017 36.13% 31.25% 30.45%
2016 36.88% 31.37% 30.13%
2015 36.97% 31.87% 31.23%
2014 36.90% 31.95% 33.66%
2013 36.50% 31.83% 32.70%
2012 36.09% 31.87% 32.26%
2011 35.42% 30.83% 31.06%
2010 34.65% 31.30% 29.52%
2009 34.13% 29.86% 27.90%
2008 33.36% 29.42% 32.14%
2007 32.80% 29.96% 25.88%
2006 32.73% 29.66% 27.98%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.