Rent to own Homes in Simpsonville, SC
Simpsonville was established in the 1820's as a stop for stages run by Thomas Goldsmith. In 1838, Peter Simpson, for whom the town is named, set up a blacksmith shop. Simpsonville is part of the so-called "Golden Strip" of Mauldin-Fountain Inn-Simpsonville with long standing low unemployment rates due to the diversity of businesses established there. The town is located ten miles south of Greenville.
Simpsonville, SC is a great place for affordable rent-to-own homes! With a median household income of over $75,535 and a median rent of $1,100, the Simpsonville, 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 Simpsonville, 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 Simpsonville, 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 Simpsonville, SC
Simpsonville rent to own homesPopular Zip Codes in Simpsonville, SC
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Simpsonville, SC is seeing rapid growth and Simpsonville, SC's' housing market remains optimal with an average home price that is -14% below the 2024 national average. Simpsonville, 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 Simpsonville, SC
Median Rent in Simpsonville, SC
4 Great Reasons to Live in Simpsonville, S.C.
Low cost of living and family friendly! Simpsonville's overall cost of living is 12 percent below the national average. So, it is no surprise that in 2011, it was named by Money Magazine as one of the 25 Best Affordable Cities in the United States. Plus, in 2010, it was named as one of the 10 Best Family Friendly Towns by Family Circle Magazine. In addition the sales tax rate in Simpsonville is low (6 percent).
Affordable housing! The median sales price for houses in Simpsonville is just under $200,000 and houses have appreciated at a steady rate totaling 17 percent over the last five years. South Street Condominiums offer the best value, selling for around $150,000 for a one-bedroom unit. The Kilgore Circle community tends to be the most expensive part of town, while Mustang Circle area has a wide selection of older, more affordable homes that can be purchased outright or on a rent to own basis.
Great climate and extensive network of parks and recreation! Simpsonville on average has 230 days of sunshine a year, and the winters are generally mild. Located in the rolling hills of northwest South Carolina, Simpsonville has an extensive network of parks. Heritage Park has six baseball fields, three playgrounds and tennis courts, together with a four thousand seat outdoor theater which hosts musical and theatrical events. The Simpsonville YMCA has an extensive gym, pool and exercises classes for all ages, from children to seniors. Heritage Park also hosts the exciting and colorful Freedom Weekend Aloft, an annual hot air balloon festival held in May. Surrounded by lakes, Simpsonville gives ample opportunity for sun-drenched days spent fishing and boating.
Proximity to Greenville and a mix of older and new homes! It's an easy ten mile drive into Greenville with its Center for the Performing Arts and the Greenville minor league baseball team. Unlike Greenville, Simpsonville is growing, with new housing developments in the Kilgore Circle area. Added to that are the older neighborhoods closer to Historic Downtown.