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Rock Hill vs Spartanburg:
Housing Costs in South Carolina

Side-by-side comparison of home prices, mortgage payments, and housing costs between Rock Hill and Spartanburg, South Carolina. Using South Carolina's 0.57% property tax rate and $2,600/year insurance. Updated for 2026.

MetricRock HillSpartanburg
Median Home Price$275K$215K
Population74,41038,737
Average Rent$1,250/mo$1,050/mo
Est. Monthly Mortgage (P&I)$1,564/mo$1,223/mo
Est. Monthly Property Tax$131/mo$102/mo
Est. Monthly Insurance$217/mo$217/mo
Est. Total PITI$2,015/mo$1,622/mo
Price-to-Rent Ratio18.317.1
Verdict

Spartanburg edges out Rock Hill in affordability, saving you roughly $393/month on total housing costs. Both cities are in South Carolina, so property tax rates and insurance costs are the same — the difference comes down to home prices and what you get for your money in each market.

Monthly Payment Comparison

Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI. Uses South Carolina's 0.57% property tax rate.

Rock Hill
Home Price$275,000
Down Payment (10%)$27,500
Loan Amount$247,500
Monthly P&I$1,564
Monthly Property Tax$131
Monthly Insurance$217
Monthly PMI$103
Total PITI$2,015/mo
Annual property tax: $1,568
Spartanburg
Home Price$215,000
Down Payment (10%)$21,500
Loan Amount$193,500
Monthly P&I$1,223
Monthly Property Tax$102
Monthly Insurance$217
Monthly PMI$81
Total PITI$1,622/mo
Annual property tax: $1,225

Buying in Spartanburg saves you approximately $393/month ($4,716/year) compared to Rock Hill, based on median home prices with identical loan terms.

Which City Is Better For...

First-Time Buyers

Spartanburg is the better choice for first-time buyers, with a median price of $215K versus $275K in Rock Hill. That's $60K less to save for a down payment. You'd need roughly $8K for an FHA 3.5% down payment in Spartanburg, compared to $10K in Rock Hill. South Carolina offers the SC Housing Palmetto Home program (Up to $8,000 forgivable) which applies in both cities.

Real Estate Investment

Spartanburg has the better price-to-rent ratio at 17.1x versus 18.3x in Rock Hill. A lower ratio generally signals better rental income relative to purchase price. Average rent in Spartanburg is $1,050/month on a $215K median home, making it a stronger candidate for buy-and-rent investors.

Families

Rock Hill (pop. 74,410) offers more amenities, schools, and services typical of a larger city, while Spartanburg (pop. 38,737) may offer a quieter, more community-oriented lifestyle. Families on a budget may prefer Spartanburg, where lower housing costs free up more income for childcare, education, and savings.

Income Needed to Afford the Median Home

Rock Hill
$86K
annual household income
Based on $2,015/mo PITI at 28% DTI
Spartanburg
$70K
annual household income
Based on $1,622/mo PITI at 28% DTI

Other Cities in South Carolina

Charleston$435K
Pop. 150,227 · Rent $1,750/mo
Columbia$225K
Pop. 136,632 · Rent $1,180/mo
Greenville$295K
Pop. 72,095 · Rent $1,350/mo
Myrtle Beach$285K
Pop. 35,682 · Rent $1,280/mo
Mount Pleasant$575K
Pop. 92,108 · Rent $2,050/mo
Summerville$345K
Pop. 53,643 · Rent $1,420/mo
Hilton Head Island$575K
Pop. 40,512 · Rent $2,050/mo
Anderson$195K
Pop. 28,198 · Rent $950/mo

Explore South Carolina

South Carolina Mortgage Guide$305K median →
0.57% tax · $4K closing · $2,600/yr insurance
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