Cost of Living in Newberry County, South Carolina
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Newberry County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Newberry County ranks #2,245 of 3,144 counties for affordability (bottom 29%)
Data Story
About Cost of Living in Newberry County, South Carolina
Newberry keeps housing affordable
Newberry County's 17.2% rent-to-income ratio beats South Carolina's average of 20.1% and sits comfortably below the national benchmark, thanks to median income of $59,670 and rent of $854/month. Households here spend less than 1 in 6 income dollars on rent—a healthier housing burden.
Newberry ranks solidly affordable
At 17.2% rent-to-income, Newberry places in the middle-to-upper tier of South Carolina affordability, matching incomes and modest rents for real stability. The county's $158,200 median home value aligns with household earning power.
Newberry: Pee Dee's sweet spot
Newberry splits the difference between lower-income Marion/Marlboro ($34k–$36k) and Oconee/Pickens/Richland ($59k–$61k), with median income of $59,670 and rent of $854/month. At 17.2% rent-to-income, Newberry offers affordability closer to its better-resourced neighbors.
Rents and mortgages in balance
Newberry renters pay $854/month while homeowners spend $676/month on a median home worth $158,200. On $59,670 income, housing eats 17.2% for renters and proportionally less for owners, leaving room for savings and other needs.
Newberry: balanced affordability
Newberry offers genuine housing affordability without sacrificing income potential—median earnings are competitive statewide, and rents remain reasonable. The county's central location and balanced metrics make it ideal for workers seeking stability.
Cost of Living Advisory: Newberry County
Affordability Verdict
For renters in Newberry County, the market is affordable. Expect to pay around $854/month in gross rent, with 29.0% of renter households considered cost-burdened.
Rent vs. Own
Renters in Newberry County pay $854/month on average, compared to $676/month for homeowners. This market favors buyers by about 21%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,160/year. For owner costs at the 28% rule, the required income is roughly $28,971/year. With a median household income of $59,670, most households can comfortably afford rent here. Notably, 29.0% of renter households in Newberry County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within South Carolina, Newberry County is less affordable than Colleton County by roughly 6% ($854/mo vs $905/mo).
Affordability Calculator
See how your income compares to housing costs in Newberry County
Rent Burden
17.2%
of gross income
Max Housing (28% Rule)
$1,392
per month
Owner Cost Burden
13.6%
of gross income
You can likely afford the median home in Newberry County
Median home value is $158,200. Estimated monthly cost: $1,263 vs. your max of $1,392.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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