Spartanburg, SC Rental Market for Investors
An estimated 83% of Spartanburg's active listings could cash-flow as a short-term rental — here's what the numbers say for investors, as of August 2026.
Homes in Spartanburg that pencil right now
A sample of active Spartanburg listings whose DSCR clears 1.25 using short-term rental income projections we accept as a direct lender. These are spread across the price range, not ranked, and current as of August 2026.
$134,900DSCR 2.333 bed · 1 bath · 912 sqft
- STR revenue
- $31,763/yr
- Est. interest-only payment
- $911/mo
On the market 108 days · Listed by Chosen Realty LLC
Scout this home & market: 3-bed house in Spartanburg
$209,999DSCR 1.873 bed · 2.5 bath · 1,405 sqft
- STR revenue
- $36,438/yr
- Est. interest-only payment
- $1,298/mo
On the market 6 days · Listed by Lennar Carolinas LLC
Scout this home & market: 3-bed townhouse in Spartanburg
$230,000DSCR 2.062 bed · 2 bath · 1,750 sqft
- STR revenue
- $39,180/yr
- Est. interest-only payment
- $1,265/mo
On the market 92 days · Listed by Leslie Horne & Associates
Scout this home & market: 2-bed house in Spartanburg
$270,000DSCR 1.534 bed · 2 bath · 1,801 sqft
- STR revenue
- $38,717/yr
- Est. interest-only payment
- $1,692/mo
On the market 50 days · Listed by PONCE REALTY GROUP -1
Scout this home & market: 4-bed house in Spartanburg
$292,000DSCR 1.483 bed · 2.5 bath · 2,260 sqft
- STR revenue
- $36,393/yr
- Est. interest-only payment
- $1,640/mo
On the market 179 days · Listed by MUNGO HOMES PROPERTIES LLC GREENVILLE
Scout this home & market: 3-bed house in Spartanburg
$305,025DSCR 1.313 bed · 2.5 bath · 1,793 sqft
- STR revenue
- $37,140/yr
- Est. interest-only payment
- $1,886/mo
On the market 19 days · Listed by SM South Carolina Brokerage
Scout this home & market: 3-bed house in Spartanburg
As of August 2026, we analyzed 800 active for-sale homes in Spartanburg, South Carolina. The typical listing is priced at $269,000 and is projected to generate about $33,839 a year as a short-term rental.
After setting aside an estimated 20% for operating costs, an estimated 83.0% of those homes could still cover an investor mortgage payment on short-term-rental income — well above the 52.5% median across the 200 major metros we track, ranking Spartanburg #6 of 200 for cash-flow potential.
On market momentum: homes in Spartanburg sit a median of 62 days on the market, and 29% of active listings came on in just the last 30 days — a steadily paced market, which shapes how much room there is to negotiate.
For a DSCR loan — which qualifies on the property's rental income rather than your personal income — that's a relatively healthy setup: in Spartanburg, a meaningful share of listings throw off enough short-term-rental income, after costs, to cover an estimated investor mortgage payment.
What actually works in Spartanburg
Spartanburg is a broad cash-flow market right now: 491 of the 743 Spartanburg homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $299,000.
| Price | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|
| $150k–$250k | 97%1.61 | 98%1.75 | 100%1.80 | — |
| $250k–$350k | — | 60%1.28 | 69%1.31 | 86%1.53 |
| $350k–$500k | — | 0%0.89 | 0%0.98 | 42%1.16 |
| $500k+ | — | 0%0.58 | 0%0.51 | 0%0.62 |
Darker means a larger share of that group cash-flows. “—” means fewer than 8 active listings — too few to draw a conclusion from.
Spartanburg in full
| Active for-sale homes analyzed | 800 |
|---|---|
| Median list price | $269,000 |
| Median projected STR revenue (annual, gross) | $33,839 |
| Median average daily rate (ADR) | $143 |
| Median occupancy | 65% |
| Median beds | 3 |
| Median size | 1,745 sqft |
| Estimated cash-flow-positive share | 83.0% |
| Median days on market | 62 days |
| New listings (last 30 days) | 29.0% of active |
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Estimates for educational purposes. Final terms subject to credit, property & program approval.
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