ZIP reports / SC / 29483
ZIP rental intelligence · 2026-06

ZIP 29483, Summerville, SC

Asking rent, household capacity, housing stock and local context—kept at their original geographic and measurement scopes.

Direct local rent answer

What does rent cost in ZIP 29483?

The latest Zillow ZORI for ZIP 29483 is $1,878 per month in 2026-06. It is a typical observed asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

Zillow asking-rent index$1,8782026-06 · up 5.6% year over year
ACS median gross rent$1,378ACS 2024 5-year survey · ±$91 margin of error
HUD two-bedroom standard$1,510Administrative FMR/SAFMR · not asking rent
Bedroom-level rent benchmarks in ZIP 29483
BedroomsModelled asking-rent lensHUD standardHow to use it
Studio$1,642ZORI scaled by the local HUD bedroom ladder$1,320HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
1 bedroom$1,716ZORI scaled by the local HUD bedroom ladder$1,380HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
2 bedrooms$1,878ZORI scaled by the local HUD bedroom ladder$1,510HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
3 bedrooms$2,338ZORI scaled by the local HUD bedroom ladder$1,880HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
4 bedrooms$2,686ZORI scaled by the local HUD bedroom ladder$2,160HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.

Bedroom estimates are modelled, not observed rents. Zillow, Census ACS and HUD describe different housing universes and remain separate throughout this report.Zillow pulled 2026-08-08

Median household income$85,750ACS 2024 5-year · ±$4,577 MOE
Renter share21.4%4,751 renter households
Rent burden 30%+51.8%2,462 observed households
Housing vacancy6.5%1,533 of 23,728 units
Six views · one local decision

Read the measures together, without merging them

ZORI tracks observed asking rent, ACS describes occupied renter homes, and HUD publishes an administrative benchmark. The charts preserve those differences and add wider context only where the geography is named.

Three definitions of rent

Useful as a spread, not interchangeable observations.

Three rent measures for ZIP 29483Zillow asking-rent index$1,878ACS median gross rent$1,378HUD two-bedroom standard$1,510

Affordability screen

Annual income implied by 30% of the current ZIP ZORI.

Income screen for ZIP 29483ACS median household income$85,750Income at 30% of ZIP ZORI$75,120

Bedroom ladder

Modelled from ZIP ZORI using the local HUD ladder.

Modelled bedroom rent ladder for ZIP 29483Studio$1,642One bedroom$1,716Two bedrooms$1,878Three bedrooms$2,338Four bedrooms$2,686

Observed renter burden

ACS ZCTA households with computable gross-rent burden.

Observed renter cost burden in ZCTA 2948330% or more of income2,462 householdsBelow 30%2,289 households

ZIP versus wider rent context

Each bar retains its own ZIP, city, county or metro scope.

Asking-rent context for ZIP 29483ZIP 29483$1,878Summerville city$1,896Dorchester County county$1,760Charleston-North Charleston, SC metro$2,066

Monthly asking-rent history

Direct Zillow ZORI observations over the latest five years. Missing months remain visible gaps.

Five-year direct Zillow asking-rent history for ZIP 29483; missing months remain gaps$1,946$1,738$1,530$1,3232021-062023-122026-06
Five-year change
35.0%exact same-month endpoints
Largest observed drawdown
2.1%peak to a later observed month
Annualized monthly variability
2.4%137 consecutive returns
Monthly coverage
100.0%138 of 138 months
Decision brief

What the evidence says for ZIP 29483

The five-digit label 29483 is both Zillow’s ZIP market identifier and a Census ZCTA match, but the central tension is a current index that has accelerated from its medium-term pace without overtaking its longer-run pace. At the June 2026 endpoint, Zillow ZORI is $1,878 per month. It is a typical observed asking-rent index blended across rental types, rather than a quote for every unit. Exact same-month history shows a 5.58% one-year change, a 3.12% annualized three-year change, and a 6.19% annualized five-year change. Recent direction therefore confirms a positive longer path and accelerates from the three-year cadence, while remaining short of the five-year pace. Those backward-looking measurements are not forecasts or investment recommendations.

Comparisons need separate evidence universes. The ACS comparison uses the matched Census ZCTA, a statistical area rather than a USPS delivery ZIP and therefore not identical to one; its 2024 five-year survey covers occupied renter homes. Its median gross rent is $1,378 and includes selected utilities, so it trails the ZORI by 36.3%; survey timing, occupied-home coverage, and utility treatment make that gap non-interchangeable with a current asking-rent spread. The supplied ACS field also carries sampling uncertainty. The available local HUD FY2026 FMR/SAFMR two-bedroom standard is $1,510. HUD is an administrative, bedroom-specific standard—not asking rent—and ZORI is 24.4% above that standard. Neither benchmark establishes an advertised price for an individual home.

For a bedroom view, the local HUD ladder scales the ZIP ZORI into modelled monthly estimates: $1,642 for a studio, $1,716 for one bedroom, $1,878 for two bedrooms, $2,338 for three bedrooms, and $2,686 for four bedrooms. These are modelled estimates, never measured bedroom rents. The scaling preserves the local HUD bedroom relationship while anchoring its level to the ZIP’s blended ZORI; it does not observe a matched set of listings by bedroom count. A unit can differ because the index covers blended rental types and the HUD ladder is a standard, not a local asking-rent sample. Use the ladder as a consistent sizing frame, not a substitute for a property’s advertised terms.

The monthly ZIP index produces a $75,120 annual income screen at 30% of gross income. That arithmetic is not advice, an applicant qualification rule, or a statement about any household’s budget. The matched ZCTA’s median household income is $85,750, making the index-to-income calculation 26.3%; this is a broad household-income comparison, not renter-income evidence. Separately, ACS reports 2,462 of 4,751 renter households with gross-rent burden at or above 30%, a 51.8% group estimate. That burden rate describes surveyed occupied renter homes and cannot prove affordability, payment stress, or utility treatment for a particular unit.

The matched ZCTA has 23,728 housing units, of which 1,533 are vacant, yielding a 6.46% all-unit vacancy rate; that leaves the balance occupied in the survey snapshot. The count specifically coded vacant for rent is 488. These are stock-level measures across the ZCTA rather than a contemporaneous inventory of available listings. They do not identify lease-ready condition, asking price, bedroom mix, or the vacancy status of a particular property. The evidence can therefore describe the scale of stock and the broad vacancy mix, but it cannot turn an aggregate vacancy count into proof that an individual unit is available or negotiable.

Wider geography gives a different scale, not a replacement benchmark. In the same comparison, Summerville city context rent is $1,896, Dorchester County context rent is $1,760, and Charleston–North Charleston, SC metro context rent is $2,066. These city-, county-, and metro-scope values must remain named as wider context: they are not ZIP-level observations, are not a property-comparable set, and should not be blended into the ZIP index. The ZIP figure sits between the county reading and the city and metro readings, a useful orientation only. It says nothing by itself about the features, lease terms, or availability of a given rental.

Confidence in the current index should rest on coverage and variability, not on direction alone. The history contains 138 monthly observations and 137 consecutive returns through the stated endpoint, with 100% recorded coverage, annualized monthly-return variability of 2.38%, and a maximum drawdown of -2.14%. Its transparent national discovery ranks among history-eligible ZIPs are 553 for momentum, 503 for stability, and 156 for the balanced measure; lower rank is higher. These are backward-looking discovery measurements, not forecasts, valuations, or investment recommendations. The full record and limited past decline support use of the index as a historical reference, but the variability and blended coverage limit confidence in any single rent snapshot. For a property-level check, does the actual asking rent align with the bedroom count, lease term, utilities, fees or concessions, condition, and availability being offered?

Decision signals

What deserves a closer property-level check

Acceleration is real but incomplete

At the June 2026 endpoint, the ZIP-level ZORI is $1,878. The one-year exact same-month increase exceeds the annualized three-year pace, which supports the accelerating history label. Yet it remains below the annualized five-year pace. The record is positive across each horizon, but the mixed pace comparison means recent acceleration should be read as a backward-looking pattern, not a forward projection.

The rent benchmarks are not interchangeable

Zillow ZORI, ACS gross rent, and HUD FMR/SAFMR answer different questions. ZORI follows typical observed asking rents across blended rental types. ACS reflects occupied renter homes over a five-year survey and includes selected utilities. HUD supplies administrative bedroom-specific standards. Their gaps cannot identify a listing’s market rent, quality, lease terms, or utility package.

Bedroom values are a modelling framework

The studio-through-four-bedroom figures are modelled monthly estimates, formed by scaling ZIP ZORI with the local HUD ladder. They are useful for a consistent relative size frame, but are not a measurement of bedroom-specific asking rents. They should not be used to infer that every same-bedroom property, including a particular listing, has the modelled rent or its implied bedroom premium.

Aggregate burden does not determine household affordability

ACS reports a substantial group-level share of renter households spending at least 30% of income on gross rent, while the index-to-income screen sits below that threshold using ZCTA-wide median household income. These measures cannot be applied to an applicant. Income source, household composition, recurring charges, utility responsibility, and the actual rent must be checked at property level.

  • An aggregate asking-rent index may not represent the advertised rent for a particular home because it blends rental types and does not establish condition, concessions, fees, utilities, or lease length.
  • ACS gross rent is an older survey measure for occupied renter homes, while the current ZORI measures typical asks; the numerical gap can reflect definitions and timing rather than a direct market spread.
  • Vacancy and rent-burden measures describe groups or inventories at the ZCTA level. They cannot show whether an individual property is vacant, affordable to a household, lease-ready, or available at its advertised price.
  • Complete historical coverage and a limited recorded drawdown strengthen the continuity of the history series, but monthly-return variability and discovery ranks do not establish future rent direction or investment performance.
Direct ZIP resale evidence

For-sale liquidity inside ZIP 29483

Redfin reports these as a rolling three-month ZIP observation through 2026-06-30. They describe the for-sale market, not rental vacancy or the rent of a particular property.

Median sale price$374,915-0.0% year over year
Homes sold310rolling three-month observation
Median days on market74 daysfor-sale listing absorption
Months of supply4.8resale inventory relative to sales pace

Activity and available supply

Direct ZIP counts remain separate because each describes a different stage of the resale funnel.

Direct resale activity for ZIP 29483Active listings879Inventory493Pending sales352Homes sold310

Counter-signals before underwriting

A price alone does not reveal how quickly buyers are absorbing available homes.

Inventory direction

493 observed inventory · +13.4% year over year.

Price realization

98.6% average sale-to-list ratio · 13.6% sold above original list.

Early absorption

27.8% went off market within two weeks; compare this with 74 median days on market.

Measurement boundary

Small ZIP samples can move sharply. This rolling period smooths monthly noise but does not replace current address-level sale and rent comparables.

Redfin Data Center · updated 2026-07-03 · exact five-digit ZIP key. Implausible source values are withheld as n/a rather than repaired or inherited from a broader geography.

Wider market evidence

Listing and rental liquidity around the ZIP

These measures are not ZIP observations. They are labelled county or metro context so they can challenge the local story without being copied into it.

Dorchester County listing conditions

877 active Realtor.com listings · 50 median days on market · 33.3% price-reduced share · 2026-06.

Charleston-North Charleston, SC resale supply

3.7 months of supply · 68 median days on market · 28.3% listings with price drops · Redfin 2026-05-01.

Apartment List metro liquidity

6.7% reported apartment vacancy · 25 days on market. These are direct metro observations and do not describe a particular ZIP unit.

Property-level next step

Compare live same-bedroom listings, concessions, utilities, condition and days listed inside ZIP 29483. The report frames the market; it does not replace a rent roll, lease review or address-level comparable set.

Questions this report can answer

Scope-aware answers

Why is the ACS rent lower than the Zillow index?

The figures use different universes and periods. ACS 2024 five-year median gross rent describes occupied renter homes in the matched ZCTA and includes selected utilities. Zillow ZORI is a current ZIP-level typical observed asking-rent index across blended rental types. The difference is informative context, but it is not a price quote or a like-for-like comparison.

Are the bedroom figures measured rents?

No. They are modelled monthly ZIP estimates created by scaling the ZIP ZORI with the local HUD bedroom ladder. HUD FMR/SAFMR is an administrative bedroom-specific standard and not asking rent. The estimates provide a consistent relative-size frame, but listings can differ, so the actual bedroom count and advertised terms need property-level verification.

What does the 30% required-income figure mean?

It divides the annualized ZIP index by 30% to produce an arithmetic income screen. It is not affordability advice, a credit policy, or an applicant qualification rule. The comparison with median household income is ZCTA-wide and does not identify renter income, a household’s expenses, utility responsibility, or its capacity to pay for a given unit.

How much weight should a reader place on the current rent snapshot?

The historical series has continuous monthly coverage and relatively limited maximum drawdown, which makes it a useful record of the index’s past movement. However, annualized monthly-return variability, source blending, and property differences limit what a single current snapshot can establish. The history supports contextual comparison, not a forecast, valuation, or conclusion about a listing.