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 October 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 October 2026.
$219,900DSCR 1.433 bed · 2.5 bath · 1,628 sqft
- STR revenue
- $35,568/yr
- Est. interest-only payment
- $1,661/mo
On the market 167 days · Listed by Keller Williams Realty
Scout this home & market: 3-bed townhouse in Spartanburg
$268,900DSCR 1.474 bed · 2.5 bath · 1,980 sqft
- STR revenue
- $36,081/yr
- Est. interest-only payment
- $1,642/mo
On the market 167 days · Listed by NextHome Experience Realty
Scout this home & market: 4-bed house in Spartanburg
$292,000DSCR 1.463 bed · 2.5 bath · 2,260 sqft
- STR revenue
- $36,393/yr
- Est. interest-only payment
- $1,664/mo
On the market 228 days · Listed by MUNGO HOMES PROPERTIES LLC GREENVILLE
Scout this home & market: 3-bed house in Spartanburg
As of October 2026, we analyzed 801 active for-sale homes in Spartanburg, South Carolina. The typical listing is priced at $269,000 and is projected to generate about $34,494 a year as a short-term rental.
After setting aside an estimated 20% for operating costs, an estimated 83.1% of those homes could still cover an investor mortgage payment on short-term-rental income — well above the 53.1% median across the 200 major metros we track, ranking Spartanburg #5 of 200 for cash-flow potential.
On market momentum: homes in Spartanburg sit a median of 53 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: 524 of the 751 Spartanburg homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $302,000.
| Price | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|
| $150k–$250k | 98%1.61 | 98%1.75 | 100%1.68 | — |
| $250k–$350k | — | 65%1.32 | 73%1.39 | 97%1.53 |
| $350k–$500k | — | 0%0.89 | 6%1.07 | 60%1.31 |
| $500k+ | — | 0%0.59 | 0%0.56 | 0%0.68 |
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 | 801 |
|---|---|
| Median list price | $269,000 |
| Median projected STR revenue (annual, gross) | $34,494 |
| Median average daily rate (ADR) | $143 |
| Median occupancy | 66% |
| Median beds | 3 |
| Median size | 1,724 sqft |
| Estimated cash-flow-positive share | 83.1% |
| Median days on market | 53 days |
| New listings (last 30 days) | 28.8% of active |
As a user of this system, you agree to all Scout Terms & Conditions and Home & Mortgage Conditions.
Would a Spartanburg rental qualify for a DSCR loan?
Pre-filled with Spartanburg's median price and projected short-term-rental income — change any field to match a specific property.
Advanced
On a 5-minute call with you, we can use Scout to run real numbers on real properties.
Estimates for educational purposes. Final terms subject to credit, property & program approval.
5 senior bankers · 47 statesPressure-test the market before you trust the median.
We’ll help you compare the market-level signal with the exact property, local costs, rental rules, and financing structure.
Thinking about an investment property in Spartanburg?
Send the address or your target buy box. We’ll run the property with today’s assumptions.
Prefer to talk now? Call or text Chad: 858-353-8331.