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Pendleton

Learn about the people, housing, costs and businesses in Pendleton, South Carolina

Median Home$237,518
Median Rent$982/month
Population4,195
Leading IndustriesArts, Food & Hospitality · Public Administration · Healthcare12% arts, food & hospitality
Home Value Growth⬆⬆+15.3% over 2 years
Retirees28% of residentswell above average
Homeowners62% of occupied units
NotableAmenity Score70/100 · highly walkable area
NotableVeteran Community9% of residents · top 22% nationally
Pendleton
SC

Frequently Asked Questions

What are today's mortgage rates in Pendleton?

As of today, the 30-year fixed mortgage rate for Pendleton is approximately 6.922% (6.959% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Pendleton?

The median home value in Pendleton is $238k. The median monthly rent is $982. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pendleton?

Home values in Pendleton have increased 15.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Pendleton?

Based on a typical all-in ownership cost of $924/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pendleton is $72k/year.

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What industries drive the economy in Pendleton?

The largest employment sectors in Pendleton are public administration (29%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.