South Carolina
Cherokee County
56,299 residents192 permits TTM$49,047 median HHI5 ZIP codesUpdated April 28, 2026
Investor first look
Median home value
$135,200
ACS 5-Year
Cap rate proxy
7.2%
FMR × 0.65 ÷ Home Value
Rent-to-income
19.9%
HUD FMR ÷ ACS HHI
Net migration
+1.38%
IRS SOI
Permits (TTM)
192
Census BPS
Climate risk
69.7
FEMA NRI (0–100)
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 29340 | — | — | — | 8.1% | — |
| 29702 | $154,570 | $930 | 7.2% | 6.1% | 12.6% |
| 29372 | — | — | — | 6.0% | — |
| 29341 | — | — | — | 5.6% | — |
| 29330 | — | — | — | 4.7% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
73.3%
Census ACS
Vacancy rate
12.4%
Census ACS
Bachelor's degree +
18.4%
Census ACS
Rent burdened
38.9%
Census ACS (>30% income)
Median age
40.3
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 28, 2026