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RentData.org Logo Spartanburg Fair Market Rent FY 2020 Spartanburg, SC HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Spartanburg, SC :
$613 $679 $795 $1,057 $1,151
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Spartanburg are average compared to the national average. This FMR area is more expensive than 71% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Spartanburg is $795 per month.

The previous year, rent for a two-bedroom home was $758 per month. This is a 4.88% increase year-over-year.

This FMR rate applies to Gramling, SC, Pacolet Mills, SC, White Stone, SC, Clifton, SC, Converse, SC, Cross Anchor, SC, Reidville, SC, Fingerville, SC, Glendale, SC, Fairforest, SC and other cities within the region. The Metro Code or CBSA code for this region is METRO43900M43900.

Additionally, This Fair Market Rent (FMR) area Spartanburg, SC HUD Metro FMR Area spans one county or city in South Carolina which is listed in the table below. Estimated population of Spartanburg, SC HUD Metro FMR Area FMR area is 297,730 people based on latest Census data.

Compared to the rest of South Carolina, the Spartanburg FMR area is more expensive than 75% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Spartanburg. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Spartanburg

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 656
1-BR 1-Bedroom $ 726
2-BR 2-Bedroom $ 850
3-BR 3-Bedroom $ 1130
4-BR 4-Bedroom $ 1230
Change Year:
2016 2017 2018 2019 2020 2021

There is just one county (listed below) within the Spartanburg, SC HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Greenvll - Spart - Ashevll - And.

County / Region Est. Population
Spartanburg, SC Metro 297,730
Zip Codes in Spartanburg, SC HUD Metro FMR Area

There are 29 unique zip codes in this Fair Market Rent (FMR) area:

29301, 29302, 29303, 29304, 29305, 29316, 29319, 29320, 29324, 29329, 29331, 29333, 29334, 29336, 29338, 29346, 29348, 29349, 29365, 29368, 29369, 29373, 29374, 29375, 29376, 29377, 29378, 29385 and 29386

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What's Next?

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