Anderson, SC

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Anderson short-term rental market based on reliable data.

Listings

63 / 159

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$24,685

Middle-Earners Revenue

Occupancy

58%

Middle-Earners Occupancy

Home Value

$267,922

Median Home Sale Price

Top Earners

$38,027

Top-Earners Revenue

Anderson

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Anderson.

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A

Very Investor friendly

Anderson Regulations

Anderson permits STRs citywide with only a standard business license and a simple 3% county accommodations fee, no city STR permit or zoning caps, and platforms handling state sales/accommodations taxes. Compliance is predictable with defined deadlines and exceptions; the city’s tone and process are supportive, minimizing investor risk.

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About Anderson

Anderson, South Carolina, often referred to as the "Electric City" due to its historical pioneering use of electricity, is located in the northwestern part of the state. The city has a population of approximately 28,000 people and is situated about 120 miles northeast of Atlanta, Georgia, which is the closest major city. Its proximity to lakes and mountains makes it an appealing destination for visitors.

One of the key landmarks in Anderson is the Anderson County Museum, which showcases the region's rich history and culture. More information can be found on their website. Another notable location is the Anderson Sports and Entertainment Center, which includes the Civic Center, a large amphitheater, and the Anderson Memorial Stadium, providing numerous recreational opportunities (for details, check their website).

The downtown area is another attraction, offering a variety of shops, restaurants, and historic sites such as the old Anderson County Courthouse and Carolina Wren Park. Information on local events and activities can be found on the city's official tourism website.

Given these attractions and its strategic location, Anderson presents a strong appeal for short-term rentals. Visitors can enjoy the mix of historic and modern amenities, as well as natural beauties like Lake Hartwell, which is a popular spot for fishing and boating (details at the U.S. Army Corps of Engineers).

In summary, Anderson, SC, with its combination of historical significance, recreational facilities, and proximity to major cities and natural landscapes, provides an enticing environment for short-term renters looking to explore the unique blend of urban and rural experiences.

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