Spartanburg, SC
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Spartanburg short-term rental market based on reliable data.
Listings
220 / 562
Reliable / Active
Cap Rate
11%
Middle-Earners Gross Yield
Revenue
$25,539
Middle-Earners Revenue
Occupancy
69%
Middle-Earners Occupancy
Home Value
$226,112
Median Home Sale Price
Top Earners
$39,609
Top-Earners Revenue
Spartanburg
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Spartanburg.
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Generally Investor friendly
Spartanburg Regulations
Short‑term rentals are allowed but limited to downtown/commercial/mixed‑use zones with residential areas prohibited, requiring zoning verification, an annual business license, safety/compliance and ~10% taxes. The process is straightforward, with active but consistent enforcement and no set caps, making it feasible for investors who target commercial corridors.
Local STR Agent
STR specialist · Spartanburg, SC
About Spartanburg
Spartanburg is a city in and the seat of Spartanburg County, South Carolina, United States. The city had a population of 38,732 as of the 2020 census, making it the 11th-most populous city in the state. For a time, the Office of Management and Budget (OMB) grouped Spartanburg and Union counties together as the Spartanburg, SC Metropolitan Statistical Area, but the OMB now defines the Spartanburg, SC MSA as only Spartanburg County.Spartanburg is the second-largest city in the greater Greenville-Spartanburg-Anderson, SC Combined Statistical Area, which had a population of 1,487,610 in 2020. It is part of a 10-county region of northwestern South Carolina known as "The Upstate", and is located 98 miles (158 km) northwest of Columbia, 80 miles (130 km) west of Charlotte, North Carolina, and about 190 miles (310 km) northeast of Atlanta, Georgia. Spartanburg is the home of Wofford College, Converse University, Spartanburg Community College, and Edward Via College of Osteopathic Medicine and the area is home to USC Upstate, Sherman College of Chiropractic and Spartanburg Methodist College. It is also the site of headquarters for Denny's.