Rent to own Homes in Berea, SC
Berea is a small city in the Greenville Metropolitan Area with a population of 14,158. Because it is just a short distance from a large city, Berea appeals to individuals who want to be close to all the action or their jobs, but still far enough way to have peace and quiet. Berea offers excellent year round weather with approximately 280 days of sunshine annually and an average daily temperature in the high 60s.
Berea, SC is a great place for affordable rent-to-own homes! With a median household income of over $37,186 and a median rent of $834, the Berea, 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 Berea, 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 Berea, 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 Berea, SC
Berea rent to own homesPopular Zip Codes in Berea, SC
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Berea, SC is seeing rapid growth and Berea, SC's' housing market remains optimal with an average home price that is -43% below the 2024 national average. Berea, 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 Berea, SC
Median Rent in Berea, SC
Top 5 Reasons to Live in Berea, SC
Great Parks for Outdoor Fun! Because Berea is home to warm and sunny summers, it is not surprising that residents like to spend their free times outdoors. For great sports at one of the eight athletic fields, head to the Westside Park; more traditional hiking and mountain biking can be found at one of the numerous trails at Herdklotz Park.
Annual Events Will Knock Your Socks Off! Most people love what they cannot have, so it is not surprising that several thousands spectators flock to the Annual Berea Football Car and Bike Show. Not only will you see classic examples of beautifully restored vehicles like a 1964 Corvette, but owners also bring their custom choppers to the event for show. Or, join the community in celebrating the holiday spirit at the annual Christmas Tree Lighting Ceremony on the Town Green.
Delicious Local Restaurants! For a hearty meal that will require an immediate trip to the gym, head to the Silver Bay Seafood Restaurant. Located on White Horse Rd, this joint is serving up classic favorites like fish and chips with hand cut fries and delicious fried clams. For the best BBQ ribs in the county, make a beeline for the Big Clock of Berea.
Home Values are on the Way Up! After the median home values in Berea peaked at 122,500 in 2009, the number dropped rapidly to less than six figures in 2012. However, homes have slowly been regaining their value in Berea, and last year they experienced 4.2% growth to $101,300. With home values expected to continue increasing, now is the time to purchase a property that is only going to grow in value. Neighborhoods like Rainbow Dr or Ridgemont Ct offer the best deals.
Rent Below State Average! The median rent in South Carolina is $1100; however, in Berea it is just $850. Because of the affordable figure, rent to own remains a viable option in Berea. Look to a neighborhood like Woodland Dr or Blue Mountain Dr for the highest number of rentals.