Rent to own Homes in Spartanburg, SC
Located in a part of South Carolina known as The Upstate, Spartanburg is close enough to reach either Charlotte, NC or Atlanta, GA within hours, yet it feels like a world away. It's a city with deep roots in the past -- Revolutionary War sites abound. Celebrations are events here; in fact, every holiday is celebrated with fireworks -- outside the city limits, of course.
Spartanburg, SC is a great place for affordable rent-to-own homes! With a median household income of over $42,841 and a median rent of $839, the Spartanburg, 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 Spartanburg, 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.
More Spartanburg, SC Property Resources
Rent to own Homes in Cities Near Spartanburg, 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 Spartanburg, SC
Woodland Heights rent to own homes Hillcrest rent to own homes Beaumont Mill Village rent to own homes Historic Hampton Heights rent to own homes Downtown Spartanburg rent to own homes Northside Saxon rent to own homes Highland rent to own homes West Main Midtowne Heights rent to own homes Converse Heights rent to own homes Ducan Park rent to own homesPopular Zip Codes in Spartanburg, SC
29333 rent to own homes 29305 rent to own homes 29319 rent to own homesBuying a Home in Spartanburg, SC
Spartanburg, SC is seeing rapid growth and Spartanburg, SC's' housing market remains optimal with an average home price that is -39% below the 2024 national average. Spartanburg, SC is part of Spartanburg 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 Spartanburg is 0.64% which is below the national average, which is 0.99%.
Median Home Price in Spartanburg, SC
Median Rent in Spartanburg, SC
Top 5 Reasons to Live in Spartanburg, SC
Low property tax rates! At $6.42, the property tax rate in Spartanburg is lower than the national average of $12.07. Combine this with a lower cost of living than the national average, and your dollar stretches further here. This leaves more disposable income to enjoy fun community events like the RetroFest, the largest annual disco festival in the southeast, and performances at Ballet Spartanburg.
Strong rental market! With more than 40% of home inventories rented, versus the national average of just 30%, and more homes vacant in Spartanburg than nationally (16.65% vs. 12.47%), you won't spend forever looking for a rental home, even in popular neighborhoods like Converse Heights to the east or Forest Park in the southern part of the city.
History is alive! Not only are homes on average older here than in most other parts of the country, but Spartanburgians take pride in their history. Walnut Grove Plantation, the Seay House, and the Price House are all preserved examples of early 18th century architecture. In downtown, Hampton Heights is a historic neighborhood district known for its Queen Anne and Neoclassical homes and its charming bungalows.
Get out and play! Spartanburg has plenty of places to get out and enjoy the area's abundant sunshine and pleasant weather. Catch a live concert at Barnet Park, or ride the mountain bike trails at Duncan Park. Just off of downtown, office workers like to take a break at Hub City Art Park to enjoy the flower garden and sculptures by local artists.
Live music abounds! Live music can be found most nights in Spartanburg. The Showroom Gallery & Performance Hall hosts such Southern Rock icons as Southern Culture on the Skids and Carolina Chocolate Drops. Kid Rock, David Allen Coe, and Slayer have all played at Ground Zero. Other popular venues for live music include Delaney's Irish Pub, Nu-Way, and Blues Boulevard.