The median asking rent across 12 Greenville zip codes is $1,640/month, down 6.7% from a year ago.
One of the fastest-growing small cities in the country and it isn't hard to see why. Manufacturing jobs, healthcare, low cost of living, and a downtown that punches well above its weight. People keep showing up and they're staying.
Median Asking Rent
$1,640
Rent Change (YoY)
-6.7%
Avg Days on Market
31
Active Rental Listings
1,520
Median List Price
$387,193
Average across 12 zip codes
ZIP | Median Rent |
|---|---|
| 29680 | $2,075/mo |
| 29681 | $1,979/mo |
| 29605 | $1,895/mo |
| 29601 | $1,800/mo |
| 29607 | $1,795/mo |
| 29651 | $1,750/mo |
| 29650 | $1,700/mo |
| 29662 | $1,495/mo |
| 29609 | $1,395/mo |
| 29611 | $1,345/mo |
| 29615 | $1,200/mo |
| 29617 | $1,195/mo |
Comps for any address in Greenville
Type the address, get the comps. No setup.
| Unit Size | Median Rent |
|---|---|
| Studio | $1,010/mo |
| 1 Bedroom | $1,088/mo |
| 2 Bedroom | $1,295/mo |
| 3 Bedroom | $1,850/mo |
| 4 Bedroom | $2,300/mo |
Aggregated median across all Greenville zip codes with available data.
| ZIP | Median List Price |
|---|---|
| 29601 | $666,670 |
| 29615 | $495,000 |
| 29609 | $480,000 |
| 29650 | $449,900 |
| 29681 | $429,990 |
| 29607 | $394,386 |
| 29651 | $379,999 |
| 29680 | $360,000 |
| 29605 | $347,900 |
| 29611 | $302,205 |
| 29662 | $295,000 |
| 29617 | $280,000 |
| 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 |
HUD publishes Fair Market Rents once a year for the Greenville metro area. Local housing authorities use them to set Section 8 voucher payment standards, usually 90% to 110% of the FMR.
The median asking rent across Greenville, SC sits at $1,640/month, pulled from active rental listings in 12 zip codes. That's down 6.7% from a year ago.
Rents aren't uniform across the city. ZIP 29680 tops the list at $2,075/month. ZIP 29617 comes in lowest at $1,195/month. That's a 74% spread between the top and bottom zip codes, which is wide. City-wide averages won't tell you much about a specific property here.
A 2-bedroom rents for $1,295/month at the median. 1-bedrooms run about $1,088. 3-bedrooms come in around $1,850.
Average days on market sits at 31 days. Pace is steady.
Rent-to-price math is tight in Greenville. The gross figure sits at about 5.1% ($1,640/month against $387,193 median price). Most investors here are betting on appreciation, not monthly cash flow.
HUD's Fair Market Rent for a 2-bedroom in the Greenville metro is $1,930/month. Asking rents come in about 15% below the federal benchmark, which can make Section 8 properties competitive here.
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 revitalized earlier than most cities its size and shows it. Downtown and the North Main area are premium. Mauldin, Simpsonville, and the areas along I-85 are cheaper. South Carolina stays 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. Liquidity is shallow though. Small city, smaller tenant pool than a major metro.
These numbers are city-wide averages. If you're pricing a specific property in Greenville, pull comps from the same zip code. The spread is usually bigger than people expect.
City-wide medians are the headline. The comps that actually price a property come from the block it's on. Search any Greenville address to see them.
12 zip codes
14 zip codes
20 zip codes
17 zip codes
22 zip codes
22 zip codes
What rental comps actually are, what makes one good or weak, and how to use them to price a rental without guessing.
What HUD's fair market rent actually means, how it ties into Section 8, and when it should change how you price a rental.
A step-by-step approach to pricing a rental so it fills fast and doesn't leave money on the table.