Mortgage payment estimates, closing cost breakdowns, and homebuying data for Greenville, South Carolina.
Median Home Price
$295K
Population
72K
Avg Monthly Rent
$1,350
Property Tax Rate
0.57% *
* Property tax shown is the South Carolina state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Greenville.
Greenville vs South Carolina Median
The median home price in Greenville is $295,000, which is roughly in line with the South Carolina state median of $305,000.
Mortgage Calculator — Greenville, SC
Pre-filled with Greenville median home price and South Carolina tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $295K home using South Carolina's 0.57% tax rate and $2,600/yr insurance.
5% Down
$2,292/mo
Down: $14,750
Loan: $280K
P&I: $1,771
Tax: $140
Insurance: $217
PMI: $163
10% Down
$2,190/mo
Down: $29,500
Loan: $266K
P&I: $1,678
Tax: $140
Insurance: $217
PMI: $155
20% Down (No PMI)
$1,848/mo
Down: $59,000
Loan: $236K
P&I: $1,492
Tax: $140
Insurance: $217
Income needed (28% rule): $79K/year with 20% down, $94K/year with 10% down.
Rent vs Buy in Greenville
Rent
$1,350/mo
vs
Buy (10% down)
$2,190/mo
Price-to-rent ratio: 18.2 — A ratio between 15-20 means the rent vs buy decision in Greenville depends heavily on your timeline. If you plan to stay 5+ years, buying likely wins. For shorter stays, renting preserves flexibility.
The median home price in Greenville is $295,000, roughly in line with the South Carolina state median of $305,000. With a population of 72,095, Greenville is a smaller market where home prices tend to be more accessible than in many parts of South Carolina.
Property taxes in South Carolina average 0.57% annually. This low property tax rate is a significant advantage for Greenville buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in South Carolina runs approximately $2,600 per year. This is within the normal range nationally.
Average rent in Greenville is $1,350/month. The price-to-rent ratio in Greenville is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Greenville presents moderate affordability. The $295K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Greenville.