Median rents, rental comps, and market trends across 9 zip codes in Greenville, SC.
One of the fastest-growing small cities in the country and it's not hard to see why — manufacturing jobs, healthcare, low cost of living, and a downtown that punches way above its weight. People keep showing up and they're staying.
Median Asking Rent
$1,563
Rent Change (YoY)
-1.7%
Avg Days on Market
39
Active Rental Listings
974
Median List Price
$399,000
Average across 9 zip codes
ZIP | Median Rent |
|---|---|
| 29601 | $1,800/mo |
| 29605 | $1,795/mo |
| 29650 | $1,695/mo |
| 29607 | $1,645/mo |
| 29611 | $1,600/mo |
| 29609 | $1,599/mo |
| 29617 | $1,359/mo |
| 29615 | $1,282/mo |
| 29662 | $1,250/mo |
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| Unit Size | Median Rent |
|---|---|
| Studio | $1,097/mo |
| 1 Bedroom | $975/mo |
| 2 Bedroom | $1,300/mo |
| 3 Bedroom | $1,800/mo |
| 4 Bedroom | $2,300/mo |
Aggregated median across all Greenville zip codes with available data.
| ZIP | Median List Price |
|---|---|
| 29601 | $650,000 |
| 29615 | $480,000 |
| 29609 | $455,000 |
| 29650 | $425,000 |
| 29607 | $399,000 |
| 29605 | $323,995 |
| 29611 | $302,170 |
| 29662 | $289,900 |
| 29617 | $278,400 |
| Unit Size | Fair Market Rent |
|---|---|
| Studio | $1,680/mo |
| 1 Bedroom | $1,760/mo |
| 2 Bedroom | $1,930/mo |
| 3 Bedroom | $2,320/mo |
| 4 Bedroom | $2,800/mo |
Fair Market Rents are published annually by HUD for the Greenville metropolitan area. Local housing authorities use these to set Section 8 voucher payment standards, typically between 90% and 110% of the FMR.
The median asking rent across Greenville, SC is currently $1,563/month, based on active rental listings across 9 zip codes. Median asking rents have decreased by -1.7% over the past 12 months.
Asking rents vary significantly across the city. ZIP 29601 has the highest median asking rent at $1,800/month, while ZIP 29662 comes in at $1,250/month.
Rental listings in the area spend an average of 39 days on market before being leased, suggesting a more tenant-friendly market.
The HUD Fair Market Rent for a 2-bedroom in the Greenville metro area is $1,930/month. Current median asking rents are near or below the FMR for this area.
Greenville has been getting a lot of "best places to live" press, and the growth is real. BMW, Michelin, and GE have operations here. The healthcare sector is strong. Downtown Greenville revitalized earlier than most cities its size and is genuinely nice. Downtown and the North Main area are premium. Mauldin, Simpsonville, and the areas along I-85 are more affordable. South Carolina is landlord-friendly. Greenville's advantage is that it's growing fast enough to drive rent increases but still affordable enough that the numbers work for investors. It's not a market with deep liquidity though — it's a small city — so understand that your tenant pool is smaller than in a major metro.
Want to look up rental comps and rent estimates for a specific property in Greenville? PropMetrics lets you search any address and get detailed rental data instantly.
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What rental comps are, what makes a good one, and how to use them to price your rental property accurately.
Fair market rent, Section 8, HUD... what does it all mean? A straightforward breakdown of how it works and why it matters.
A step-by-step guide to pricing your rental so it rents quickly without leaving money on the table.