Median Home Price
$329,079.09
Median Rent
$1,598.11/mo
Price-to-Rent Ratio
17.2
Property Tax RateTIE
0.57%
Price Change (1Y)
+1.4%
Price Change (5Y)
+7.2%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$156,765
Median Home PriceBETTER
$272,812.09
Median RentBETTER
$1,435.86/mo
Price-to-Rent RatioBETTER
15.8
Property Tax RateTIE
0.57%
Price Change (1Y)BETTER
+2.1%
Price Change (5Y)BETTER
+10.3%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$99,208
Key Differences
Home Prices
Greenville's median home price of $329,079.09 is higher than Spartanburg's $272,812.09 by 21%.
Monthly Rent
Renting in Greenville costs $1,598.11/mo compared to $1,435.86/mo in Spartanburg—a difference of $162.25/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.