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City · 30,051 residents · Anderson County, South Carolina

Anderson , South Carolina

In Anderson, a typical home is worth $218,200 and typical rent is $975 a month. Compared with all of Anderson County, typical household income is 30% lower, the typical home value is 6% lower, and the share of households that own their home is 24 points lower.

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  • Typical home value

    $218,200

    6% below the county

    16% below South Carolina

    • Anderson
    • County
    • South Carolina

  • Typical rent

    $975a month

    About the same as the county

    17% below South Carolina

    • Anderson
    • County
    • South Carolina

  • Typical household income

    $46,933a year

    30% below the county

    32% below South Carolina

    • Anderson
    • County
    • South Carolina

  • Households that own their home

    51%

    24 points below the county

    21 points below South Carolina

    • Anderson
    • County
    • South Carolina

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$269,695
0.9% more than 12 months ago
Typical rent
$1,308 a month
3% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Anderson is in Anderson County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Anderson County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Anderson apart

What this place has that others do not, from public data, most unusual first.

  1. 51% of households in Anderson own their home, against 75% in Anderson County.

  2. Nearby, in Homeland Park, the typical home value is $103,700: 52% less than in Anderson ($218,200).

  3. The typical household income in Anderson is $46,933, 30% less than in Anderson County as a whole ($66,651).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Anderson

What homes there are in Anderson, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Anderson, 6 in 10 homes are single-family detached houses; in Anderson County, 7.

Year built

Homes in Anderson are older: the typical year built is 1975; in Anderson County, 1988.

In Anderson, 14% of homes have 1 bedroom or none (studios); 52% have 3 bedrooms or more, against 71% in Anderson County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

About 94% of owner-occupied homes in Anderson are worth less than the FHA loan limit for Anderson County ($541,287).

Monthly rent with utilities

About 60% of rented homes in Anderson cost less than HUD's 2-bedroom fair market rent for Anderson County ($1,102); the rest cost more.

With a mortgage

$1,303 a month

Anderson County: $1,389 a month

Without a mortgage

$432 a month

Anderson County: $401 a month

Owners with a mortgage

62%

Anderson County: 55%

Owning costs less in Anderson: with a mortgage, the typical cost is $1,303 a month; in Anderson County, $1,389. Without one, $432.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Anderson rose 60% since 2015–2019, about the same as in Anderson County (59%).

Rents in Anderson rose at about the same pace as in Anderson County: 28% since 2015–2019, against 27%.

While home values in Anderson changed +60% and rent +28%, the typical household income rose 41%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureAndersonAnderson CountySouth CarolinaUnited States
Rental vacancy 8.7%7.9%8.3%5.5%
Homeowner vacancy Unreliable estimate0.6%0.9%0.9%
More than one person per room Unreliable estimate1.9%2.0%3.4%
People per household 2.192.472.442.53
Drive alone 77%80%76%69%
Carpool 11%10%9%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike 4%1%2%3%
Work from home 6%8%12%15%
Other means Unreliable estimate1%2%2%
Typical commute 10 to 19 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

Much as in Anderson County, the rental vacancy rate in Anderson is 8.7%.

Fewer people live in each home here: 2.19 on average, against 2.47 in Anderson County.

In Anderson, 77% of workers drive alone to work; in Anderson County, 80%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Anderson?

A typical home costs more than the typical income allows

We start with a typical home in Anderson, worth $218,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 45% of the typical household income in Anderson, which is $46,933 a year. For that payment to be 28% of income, a household would need to earn about $75,144 a year.

The calculator's FHA and conventional loan limits are those of all of Anderson County.

Your numbers

Local data
$

Starts at the typical home value in Anderson. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $7,637 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,753

at 7.18% · 30 years

Loan amount
$214,248
Total interest
$308,252
Paid off in
November 2056

Includes $3,685 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,095 a month

  • Tight

    $1,095 to $1,408 a month

  • Hard

    more than $1,408 a month

    Your payment · 45%

Compared with the typical household income in Anderson ($46,933 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,753
Principal & interest$1,451
Property tax$115
Home insurance$91
FHA mortgage insurance (MIP)$97

You need at least $7,637 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Anderson and Anderson County

Anderson is in Anderson County, South Carolina. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Anderson's own numbers

Typical home value
$218,200
Typical monthly rent
$975
Typical yearly household income
$46,933
Households that own their home
51%
Effective property tax rate
0.63%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Anderson County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,102
Price change over 5 years (FHFA)
+64%
Homes in a high flood-risk zone
0.3%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Anderson County.

Everything about Anderson County

Buying

Buying a home in Anderson

A typical home in Anderson is worth $218,200: 6% below the county and 16% below South Carolina. With the typical household income in Anderson ($46,933 a year), a typical home costs 4.6 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Anderson 4.6 years
  • County 3.5 years
  • South Carolina 3.7 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Anderson County

According to FHFA’s house price index, home prices in Anderson County rose 109% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Anderson County.

Period County South Carolina U.S.
Last year (2025) +3.6% +3.6% +2.9%
5 years (2020–2025) +64% +60% +47%
10 years (2015–2025) +109% +104% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Anderson next to Anderson County, South Carolina and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Anderson $218,200
  • County $231,900
  • South Carolina $259,000
  • United States $332,700
Typical monthly rent
  • Anderson $975
  • County $989
  • South Carolina $1,180
  • United States $1,413
Typical yearly household income
  • Anderson $46,933
  • County $66,651
  • South Carolina $69,324
  • United States $80,734
See the full table
Anderson next to Anderson County and South Carolina
Measure Anderson Anderson County South Carolina U.S.
Typical home value $218,200 $231,900 $259,000 $332,700
Typical monthly rent $975 $989 $1,180 $1,413
Typical yearly household income $46,933 $66,651 $69,324 $80,734
Households that own their home 51% 75% 72% 65%
Typical yearly property tax $1,366 $1,043 $1,251 $3,119
Effective property tax rate 0.63% 0.45% 0.48% 0.94%
Renters with high rent for their income 50% 48% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Anderson County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Anderson

For a typical $218,200 home in Anderson, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Anderson's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,753a month

    Least cash to close
    Down payment
    $7,637
    Cash to close
    $14,183
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $97

  • Conventional, 5% down $1,713a month

    Down payment
    $10,910
    Cash to close
    $17,456
    Rate
    7.18%
    Mortgage insurance
    PMI · $104

  • Conventional, 20% down, no PMI $1,388a month

    Down payment
    $43,640
    Cash to close
    $50,186
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,590a month

    Down payment
    $32,730
    Cash to close
    $39,276
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Anderson and for Anderson County.

Property tax

Effective rate in Anderson

0.63%of the home’s value each year

$1,366 a year for the typical owner in Anderson.

  • Anderson 0.63%
  • County 0.45%
  • South Carolina 0.48%

What South Carolina publishes Special 4% assessment ratio for your legal residence (South Carolina General Assembly (South Carolina Code of Laws))

Exemptions and deadlines in South Carolina

Flood risk in Anderson County

FEMA does not publish these numbers by city: they are for all of Anderson County.

Homes in the high-risk zone
0.3%
265
Of those, with NFIP insurance
21%
County South Carolina U.S.
Homes in the high-risk zone 0.3% 4% 3.5%
Of those, with NFIP insurance 21% 85% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Anderson

Typical rent in Anderson is $975 a month: about the same as the county. In Anderson, 50% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Anderson County, by unit size. To pay the 2-bedroom one ($1,102 a month) without spending more than 30% of your income, you would need to earn $21.19 an hour working full time.

HUD fair market rent for all of Anderson County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $972 $18.69 $38,880
1 bedroom $1,012 $19.46 $40,480
2 bedrooms $1,102 $21.19 $44,080
3 bedrooms $1,444 $27.77 $57,760
4 bedrooms $1,704 $32.77 $68,160

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Anderson

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Anderson has 3 ZIP codes with their own.

For 2 bedrooms it runs from $1,060 in 29624 to $1,170 in 29621.

2 of the 3 are above the fair market rent for Anderson County ($1,102).

  • 29621 $1,170$1,530
  • 29624 $1,060$1,370
  • 29625 $1,150$1,510

3 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Anderson when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Anderson

HUD lists 23 buildings with rents for lower incomes in Anderson. These are the largest.

  • Caldwell/Fortson/Jeffers 1000 S Towers St, Anderson 29624 279 homes, 277 low-income · Run by Housing Authority of Anderson · Average payment: $415 a month · Average wait: 12 months · Homes at several sites (864) 260-5120
  • Belton Woods 110 Howard Ln, Anderson 29621 200 low-income homes · 1 bd: 40 · 2 bd: 54 · 3 bd: 70 · 4 bd: 36 · In service since 2002 · For families (864) 226-2475
  • Fairview Gardens 1101 Williamston Rd, Anderson 29621 160 low-income homes · For families (864) 225-3933
  • Mount Vernon Place 203 Miracle Mile Dr, Anderson 29621 100 low-income homes · For families (864) 224-1627
  • Anderson Village 200 Miracle Mile Dr, Anderson 29621 99 homes, 97 low-income · 1 bd: 16 · 2 bd: 57 · 3 bd: 24 · In service since 2006 · For families (864) 225-7803

See all 40 buildings in Anderson County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Anderson

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Anderson County. The nearest ones are below; many serve by phone or online.

A grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in Anderson

No down payment, repair or rent-help program on our list is for Anderson or Anderson County. The ones below are statewide in South Carolina: they work in Anderson the same as in the rest of the state.

Which programs do I qualify for? All programs in South Carolina

  • Palmetto Home Advantage

    Statewide in South Carolina

    South Carolina state agency program with forgivable down payment assistance of 0%, 3% or 4% of the loan, with no monthly payments, for any buyer in all 46 counties. Offered by SC Housing (South Carolina State Housing Finance and Development Authority).

    Forgivable

    See the program Official page

  • SC Housing Homebuyer Program

    Statewide in South Carolina

    South Carolina state agency fixed-rate mortgage with forgivable help for the down payment, closing costs or prepaid expenses: a 0% second mortgage with no monthly payments, forgiven if you live in the home 15 years. Offered by SC Housing (South Carolina State Housing Finance and Development Authority).

    Forgivable

    See the program Official page

Housing counselors near Anderson

The HUD-approved agencies closest to the center of Anderson, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Greenville County Human Relations Commission

    301 University Rdg, Greenville · 26 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 8 more
    (864) 467-7095

  • Telamon Corporation - Greenville Branch

    300A S Daniel Morgan Ave, Spartanburg · 49 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (919) 899-9911

  • Regenesis Community Development Corporation F/K/A Upstate Housing Partnership

    430 E Main St, Spartanburg · 51 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 8 more
    (864) 504-3090

All counseling agencies in South Carolina

Help in Spanish near Anderson

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Anderson

HUD’s record names them for Anderson or Anderson County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of Anderson Public housing and Section 8 vouchers (864) 260-5120

All housing agencies in South Carolina Source: HUD

Cities

Other cities in Anderson County

These cities are also in Anderson County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Anderson County Housing in South Carolina

Nearby cities

The cities closest to Anderson, with the typical home value.

Neighboring counties

If Anderson County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Anderson.

All guides
A man and two girls read a book together on the sofa.

Questions

Housing questions about Anderson

Short answers with the numbers for Anderson and all of Anderson County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Anderson?

The typical home value in Anderson is $218,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Anderson County it is $231,900.

How much does it cost to rent in Anderson?

Typical rent in Anderson is $975 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Anderson County is $1,102.

What is the FHA loan limit in Anderson?

Anderson uses the FHA limit for all of Anderson County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Anderson?

The typical homeowner in Anderson pays $1,366 a year, according to the U.S. Census Bureau. That is 0.63% of the home’s value; in Anderson County, the rate is 0.45%.

Where can I find free help to buy or rent in Anderson?

We found no HUD-approved counseling agencies with an office in Anderson County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).