Rent to own Homes in Five Forks, SC
A popular suburb in South Carolina's Greenville County, Five Forks is home to a growing residential community of more than 14,000 people. The five intersecting roads in the center of town, from which Five Forks takes it name, mean the daily commute won't be an issue. Five Forks residents are a tight-knit group that like to socialize and get to know each other.
Five Forks, SC is a great place for affordable rent-to-own homes! With a median household income of over $112,146 and a median rent of $1,677, the Five Forks, SC rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Five Forks, SC. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
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Rent to own Homes in Cities Near Five Forks, SC
- Anderson
- Arial
- Belton
- Berea
- City View
- Cleveland
- Conestee
- Dacusville
- Duncan
- Dunean
- Easley
- Five Forks
- Fountain Inn
- Gantt
- Golden Grove
- Gray Court
- Greenville
- Greer
- Honea Path
- Inman Mills
- Judson
- Liberty
- Lyman
- Marietta
- Mauldin
- Moore
- Norris
- Northlake
- Parker
- Pelzer
- Pickens
- Piedmont
- Powdersville
- Princeton
- Reidville
- Sans Souci
- Simpsonville
- Slater-Marietta
- Startex
- Taylors
- The Cliffs Valley
- Tigerville
- Travelers Rest
- Wade Hampton
- Ware Place
- Welcome
- Wellford
- West Pelzer
- Williamston
- Woodruff
Neighborhoods in Five Forks, SC
Five Forks rent to own homesPopular Zip Codes in Five Forks, SC
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Five Forks, SC is seeing rapid growth and Five Forks, SC's' housing market remains not optimal with an average home price that is 60% above the 2024 national average. Five Forks, SC is part of Greenville county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Greenville is 0.66% which is below the national average, which is 0.99%.
Median Home Price in Five Forks, SC
Median Rent in Five Forks, SC
Top 6 Reasons to Live in Five Forks
Shopping amenities! Five Forks has ample local stores, so you won't have to dash into the city if you find yourself out of essentials. The Save-A-Lot and Kangaroo Express stores are in the center of town, while just a little further out are Sam's Club and the Krishna Grocery.
Local dining options! If you fancy a break from the kitchen, head to one of the restaurants along Woodruff Road. Grab something quick from one of the fast food joints or settle down to enjoy a meal at Jadens' Pints and Wings or the Olympian Grill. The short drive to Greenville will land you at eateries such as the Genghis Grill and Lieu's Chinese Bistro.
Sunny days on the golf course! Five Forks enjoys around 220 sunny days each year, with July temperatures reaching around 89 degrees. It means you'll have plenty of chances to hit the fairways of the nearby Willow Creek Golf Club and the Donaldson Golf Course. Membership courses include the Greenville Country Club.
Attractive rental homes! The average rental cost in Five Forks is $1,400, but if you have your heart set on something a little cheaper, you won't be disappointed. You can usually pick up a one-bedroom apartment at the Walden Creek or Azalea Hill complexes for around $850. The more expensive rentals are typically the Victorian and Georgian homes on the north side of town.
Put down roots! More than 92 percent of locals are homeowners. You're likely to spend up to 80 percent more for a home here than you would in the rest of the state, so if your budget is tight, rent to own options might suit you better.
Local employment! Five Forks residents do better than most; the average income here is more than 70 percent greater than the South Carolina average. Local employers include the Greenville Health System and School District and Bob Jones University. You can get to work fast; the average commute time is just 22 minutes.