Cost of Living in Newberry County, South Carolina

$854/mo
Median Monthly Rent
$158,200
Median Home Value
10% below state averageUnaffordable

At a Glance

Median Monthly Rent
$854/mo
10% below state average
Median Home Value
$158,200
44% below national
Rent-to-Income Ratio
29.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Newberry County Compares

Median monthly rent comparison

Newberry County$854/mo
South Carolina Average$945/mo
National Median$1,163/mo

Detailed Housing Stats

$854/mo
Median Gross Rent
$158,200
Median Home Value
$676/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

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.

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

Your rent-to-income ratio17.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Newberry County, South Carolina?
Newberry County, South Carolina has a median monthly rent of $854/mo and a median home value of $158,200. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Newberry County?
The median gross rent in Newberry County is $854/mo. This is 10% below state average for South Carolina.
Is Newberry County affordable?
Newberry County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Newberry County's rent compare to the state average?
Newberry County's median rent of $854/mo is 10% below state average of $945/mo for South Carolina.
What is the median home value in Newberry County?
The median home value in Newberry County, South Carolina is $158,200. This is 44% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.