Rent to own Homes in Greenwood, SC
Greenwood, South Carolina offers its over 23,000 residents all the charm that can be packed into 13 plus square miles. The seat of Greenwood County is also known as the "Emerald City" and has a history rich in railroads, industry and education. The Festival of Discovery in July offers the perfect opportunity to learn more about the history of Greenwood. The festival celebrates the food, culture, history and traditions of this Southern city.
Greenwood, SC is a great place for affordable rent-to-own homes! With a median household income of over $32,970 and a median rent of $704, the Greenwood, 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 Greenwood, 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 Greenwood, SC Property Resources
Rent to own Homes in Cities Near Greenwood, SC
- Abbeville
- Anderson
- Antreville
- Belton
- Centerville
- Cokesbury
- Conestee
- Coronaca
- Donalds
- Due West
- Dunean
- Fountain Inn
- Gantt
- Golden Grove
- Gray Court
- Greenville
- Greenwood
- Hodges
- Homeland Park
- Honea Path
- Iva
- Lake Secession
- Laurens
- Lowndesville
- Mauldin
- Northlake
- Pelzer
- Piedmont
- Powdersville
- Princeton
- Promised Land
- Simpsonville
- Starr
- Ware Place
- Ware Shoals
- Waterloo
- West Pelzer
- Williamston
Neighborhoods in Greenwood, SC
No neighborhoods foundBuying a Home in Greenwood, SC
Greenwood, SC is seeing rapid growth and Greenwood, SC's' housing market remains optimal with an average home price that is -57% below the 2024 national average. Greenwood, SC is part of Greenwood 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 Greenwood is 0.69% which is below the national average, which is 0.99%.
Median Home Price in Greenwood, SC
Median Rent in Greenwood, SC
Top 7 Reasons to Move to Greenwood, SC
Celebrate the arts! Uptown Greenwood is the location of a revitalized arts district in the newly named Emerald Triangle. The renovated Greenwood Community Theatre reopened in 2007 and a former auto supply shop was reimagined into an array of art shops and studios known as Meridian.
Great rental market! Just over 53 percent of properties serve as rentals, giving the city an edge for those interested in rental houses or rent to own homes. With so many homes to choose, renters can focus on the location. Settlers Drive or Corrie Court properties will put nature lovers near the Long Cane Scenic Area and hiking trails.
Affordable real estate! Greenwood offers reasonable real estate prices for home buyers. The median sale price in 2014 was $75,000. Greenwood residents can spend their real estate savings at the shops on Main Street. Uptown Pizzazz, Thayer's and The Frilly Frog are just a few favorite spots to shop.
Enjoy the lake! Lake Greenwood is found in the Lake Greenwood State Park where visitors can bass fish, camp, enjoy the trails or go birding. This picturesque outdoor space also serves as the site for the annual South Carolina Festival of Flowers Triathlon.
Great location! Greenwood is conveniently located in the Upper Savannah Region. Access to Highway 25, Highway 72 and Interstate 26 makes it easy to explore the rest of South Carolina.
Railroad town! The railroad has been a part of Greenwood since 1852, and the Railroad Historical Center keeps that history alive today. The city is working to restore antique rail cars, and The Museum and the Railroad Historical Center puts on events, such as annual Polar Express parties, to keep the spirit of the railroad alive.
Delicious dining! The city proudly boasts over 100 restaurants, offering something for every palate and price range. Favorites are the brick oven pizza at The Millhouse and the eclectic mix of Indian, Pakistan and Italian fare at Danish's Trattoria.