How we determined the cheapest places to live in the Palmetto State . This is our sixth time ranking the. Find lots, acreage, rural lots, and more on Zillow. When other families moved in I was able to make friends. The 12 Cheapest Places to Buy a House in America Do you really want to live in Buffalo, under eight feet of snow? The capital city of Austin is experiencing a tech boom, while the coastal city of Houston is currently home to 19 Fortune 500 company headquarters. We used data and science to determine which places in South Carolina go easy on your wallet. You might spend more on housing, but you have more money overall to play with. 215, Myrtle Beach, SC 29588, 300 Carriage Oaks Drive, Columbia, SC 29229, 239 Beach City ROAD 2316, Hilton Head Island, SC 29926, 201 77th Ave. N 721, Myrtle Beach, SC 29572, 406 Dogwood Drive, Greater Salem, SC 29686, 492 River Oaks Dr. 60L, Myrtle Beach, SC 29579. The unemployment rate sits at 11.2%.eval(ez_write_tag([[728,90],'homesnacks_com-medrectangle-4','ezslot_8',108,'0','0'])); Population: 8,914Rank Last Year: 6 (Up 4)Home Price To Income Ratio: 2.5x (5th most affordable)Income To Rent Ratio: 53.4x (34th cheapest)More On Laurens: Real Estate | Crime Rate | Cost Of Living. So, if you want to know where to steal the best deal in South Carolina, The Twin Cities are like a ripe Peaches N Such peach just waiting to be picked. Bennettsville shines because the median income here is $30,008 and the median home price is only $81,900. These two main factors play the biggest role in a person’s finances. This barrier island in South Florida is just seven miles long and one and a half miles wide. The catch? The city "Where History and Hospitality Greets You" should maybe change its motto to "Somewhere in the Middle" because it is currently the 22nd best place to buy a home based on income as well as the 15th most affordable place to rent. If you're looking at the cost of living numbers in South Carolina, this is an accurate list of the most affordable places to live in South Carolina for 2020. 526.09 m² . Can you buy cheap South Carolina land? You can eat some ridiculously good peaches and have your fill of local breweries. If you want to surround yourself with great people, lots to do, and a low cost of living to boot, then you should definitely consider "A New Kind of City.". Wrightsville Beach is just outside of Wilmington on the southern reaches of North Carolina’s coast. In South Carolina, you can stroll through the streets of Charleston on a haunted ghost tour, cheer on the Gamecocks during a football game in Columbia, and hit the beaches in Hilton Head or Myrtle Beach. Depending on which town you live in, the nightlife is pretty entertaining with places like the movies or bowling alley. The most affordable places to live in the U.S. are not the ritziest. The median household income in Fountain Inn comes in at $62,904 and the median home value is $147,200 for 2020. We considered a number of factors in composing this list, such as earning potential, quality of life, the city's cost of living compared to the national average, attractions and much more. You can also meet some really nice people. Read on to learn more about how we crunched the numbers and the other super affordable cities South Carolina has to offer. The unemployment rate sits at 4.8%. Zillow has 40,733 homes for sale in South Carolina. This "Character Protected, Community Perfected" city has made buying a home affordable, education and safety a priority, and its 21423 residents employed. It's not very often that you find a deal as sweet as South Carolina's most affordable city, Fountain Inn. Located on the banks of Lake Murray, Irma, shows us that you can have the best of everything: a great lake life on a budget and affordable housing as this city is the best place to buy a home based on income. Saved to watch list . What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city. Yes, if you haven't spent the day exploring the Laurens Historic District or taken in their Riverfront Freedom Festival then you have some work to do. South Carolina New Homes and Condo Developments, South Carolina Single Family Homes for Sale, South Carolina Multi-Family Homes for Sale, South Carolina Commercial Properties for Lease, Cheap Houses and Condos for Sale in Albany, Cheap Houses and Condos for Sale in Bronx, Cheap Houses and Condos for Sale in Brooklyn, Cheap Houses and Condos for Sale in Buffalo, Cheap Houses and Condos for Sale in Mamaroneck, Cheap Houses and Condos for Sale in Manhattan, Cheap Houses and Condos for Sale in New York City, Cheap Houses and Condos for Sale in Queens, Cheap Houses and Condos for Sale in Rochester, Cheap Houses and Condos for Sale in Scarsdale, Cheap Houses and Condos for Sale in Staten Island, Cheap Houses and Condos for Sale in Syracuse, Cheap Houses and Condos for Sale in The Hamptons, Cheap Houses and Condos for Sale in Yonkers. There's always job opportunities here as well, so it's rare for anyone to not have one. Five of the Cheapest Places to Live in South Carolina 5. Population: 5,424Rank Last Year: 5 (Down 1)Home Price To Income Ratio: 2.6x (8th most affordable)Income To Rent Ratio: 57.6x (25th cheapest)More On Batesburg-Leesville: Real Estate | Crime Rate | Cost Of Living. #25 Best Places to Buy a House in South Carolina. You may have a pretty well-paying job, but that makes little impact on the mountain of school debt you may have if your cost of living is outrageously high. United States of America, South Carolina, Okatie, VILLAGE GREEN . In fact, it's the 11th most affordable place to buy a home in Virginia. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. (That are also a lot of fun to live in.) But, that's not all that makes this city of 8308 residents from Marlboro County so great. And, folks, it doesn't hurt that this South Carolina gem is also located on the Great Peed Dee River. The community was quiet, and very safe. What is the cheapest place to live in south carolina? The unemployment rate sits at 9.2%.eval(ez_write_tag([[250,250],'homesnacks_com-box-4','ezslot_9',109,'0','0']));eval(ez_write_tag([[250,250],'homesnacks_com-box-4','ezslot_10',109,'0','1'])); Population: 6,548Rank Last Year: 17 (Up 14)Home Price To Income Ratio: 3.0x (22nd most affordable)Income To Rent Ratio: 64.5x (15th cheapest)More On Marion: Real Estate | Crime Rate | Cost Of Living. From genuine Southern hospitality to stunning landscapes and rich history, the Lowcountry is one of the best coastal towns in South Carolina for buying a home. Most Expensive Places To Live In South Carolina, Census American Community Survey 2014-2018, Best Places To Raise A Family In South Carolina, Download The Entire South Carolina Ranking Data, Median Home Price / Median Income (lower is better), Median Income / Median Rent (Higher is better). It's definitely a great place to live and the average home here will run you around $125,500. Former Resident: I have lived in the Belverdere Community from 1979-2004. The unemployment rate sits at 7.0%. So where are the most affordable places to live in South Carolina? All of the states in the top 10 are located in the South or the Midwest. Well, you're in the right place - we've compiled a short insider's guide to the housing market in The Palmetto State (bingo, that's their nickname) to help answer some of those questions you've most likely got circling your busy head. Laurens moved up four places from last year due to its fifth best place to buy a home based on the city's median income ranking. You can download the data here. Finding cheap houses for sale in North Carolina Get instant access to a lot of relevant information about North Carolina real estate, including property descriptions, virtual tours, maps and photos. Population: 12,087Rank Last Year: 8 (Up 3)Home Price To Income Ratio: 2.0x (1st most affordable)Income To Rent Ratio: 55.5x (28th cheapest)More On Irmo: Real Estate | Crime Rate | Cost Of Living. Better than free land and foreclosures! They are: We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc). Please remember to verify restrictions with your agent and local authorities. No, not everything is free in the 843, but it is super affordable-like, the seventh cheapest place to live in South Carolina affordable. © 2015-2020 Chasing Chains, LLC. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Single-Family in Okatie, South Carolina. All our services are free of charge! Removed from watch list . That’s right. No matter where you end up in South Carolina, you can be sure of two things: the food will be epic and the affordability will be shocking. The south of course -- and in particular South Carolina. If you are looking for a cheap place in a suburb area outside of Greenville, one of the best cities in South Carolina, Fountain Inn and Mauldin are waiting for you. The unemployment rate sits at 20.5%. 15 Houses You Can Buy Right Now In South Carolina For Under $10,000. As mentioned above, South Carolina requires lawyers to be involved in every house buying transaction. You can find out more about him on LinkedIn or his website. Articles Relating To Carolina Two truck-stop properties in Mpumalanga up for auction Two large truck-stop properties in Middelburg and Carolina are being brought to auction via silent tender on 31 May. We aim to deliver bite-sized pieces of infotainment about where you live. But, there is light at the end of the tunnel, you only need to make $34,561/year to keep up with Marion's cost of living. Explore historic neighborhoods and Spanish moss-lined streets to … The unemployment rate sits at 6.8%. When we first moved in there wasn't many children to play with. Moving up the ranks to solidify South Carolina's fifth least expensive city, "The Gateway to Tree City USA," Irmo, must be made of money trees because this city has made life super affordable. So, if you've ever passed by the McDonald's on W. Butler Rd and wondered why there were so many people with the 'big' shake, it's because they make $65,737/year and they only had to spend $157,400 on a home. Investing in student accommodation The US and the UK have made it possible for foreign investors to take advantage of their recovering housing markets by buying student accommodation. The Lone Star State is one of the cheapest places to buy a house because of how much money there is to be made in the state. Population: 25,009Rank Last Year: 4 (No Change)Home Price To Income Ratio: 2.4x (3rd most affordable)Income To Rent Ratio: 67.4x (11th cheapest)More On Mauldin: Real Estate | Crime Rate | Cost Of Living. The place with the lowest cost of living in South Carolina according to the data is Fountain Inn. Sorry, Mauldin, your secret is out.eval(ez_write_tag([[250,250],'homesnacks_com-large-leaderboard-2','ezslot_18',111,'0','0']));eval(ez_write_tag([[250,250],'homesnacks_com-large-leaderboard-2','ezslot_19',111,'0','1'])); The median household income in Mauldin comes in at $65,737 and the median home value is $157,400 for 2020. The amenities in Laurens are also not too shabby. Well, besides the fact that they currently get a pretty good bang for their buck, they are South Carolina's fourth most affordable place to live; and economically speaking, that frees up a lot of their money for fun. Browse 3,850 cheap houses for sale in North Carolina, priced up to $200,000. You're going to have to make at least $63,713/year.eval(ez_write_tag([[250,250],'homesnacks_com-leader-1','ezslot_11',112,'0','0']));eval(ez_write_tag([[250,250],'homesnacks_com-leader-1','ezslot_12',112,'0','1'])); The median household income in Irmo comes in at $63,713 and the median home value is $124,900 for 2020. We can't believe that Batesburg-Leesburg made The Palmetto State's cheapest places to live list as the sixth most affordable city. We have made it to the cheapest, but best place to live in South Carolina...Hopkins. If you live in Greenville, you might start your Sunday with a Brunch Burger from GB&D (a burger with bacon, egg, cheese, coffee butter and a fried doughnut) and then spend the afternoon working it off by walking or riding the Swamp Rabbit Trail. For those who enjoy small town living at an affordable rate, Easley is the place for you. What follows is just that list: The 5 Most Affordable Cities in South Carolina. Here's a look at the most expensive cities in South Carolina according to the data: For more South Carolina reading, check out: Chris Kolmar has been in the real estate business for almost ten years now. Our motherland America, luckily, has plenty of such places where you can think of settling if you are bored with the daily tug between work and life. If you are looking for some cheap rent, Fountain Inn is your place to go. eval(ez_write_tag([[728,90],'homesnacks_com-box-3','ezslot_0',105,'0','0'])); In the Palmetto state, you can have easy access to both the beach and the mountains. So, you're considering buying a house in South Carolina, but your decision hasn't fully baked to perfection just yet. The best part of this deal, you won't have to win the South Carolina lottery to get your hands on home in North Augusta because "The Riverfront" is the 14th best place to buy a home based on the city's median income. The median household income in Batesburg-Leesville comes in at $45,294 and the median home value is $118,400 for 2020. Located in the south-central part of Virginia, South Boston is the sixth most affordable place in the state. SmartAsset, a financial technology company, just released a study revealing the cheapest states to buy a home in. Easley. It's moderately safe. The unemployment rate sits at 13.3%.eval(ez_write_tag([[250,250],'homesnacks_com-leader-2','ezslot_13',114,'0','0']));eval(ez_write_tag([[250,250],'homesnacks_com-leader-2','ezslot_14',114,'0','1'])); Population: 21,423Rank Last Year: 14 (Up 6)Home Price To Income Ratio: 2.4x (4th most affordable)Income To Rent Ratio: 67.7x (10th cheapest)More On Simpsonville: Real Estate | Crime Rate | Cost Of Living. For example, if the median household earns $100,000 and spends $40,000 on housing it's actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. Cheap Land for Sale in South Carolina! Search land for sale in South Carolina. The COVID-19 situation might influence or cause uncertainty around some open houses. Have you ever thought that you would never be able to buy or own a home? Anna Maria Island, Fla. Not to mention, with Anderson and Spartanburg also in Fountain Inn's backyard, it's a great place to live if you want quiet, small town living with affordable shopping and entertainment close by. This small city, less than an hour from Spartanburg, offers abundant … The median home price is a palatable $140,000, while the median household income is $40,453. More exposure and leads for agents and brokers. For one, the median income in this city is $50,545/year-this has earned Cayce the sixth best place to buy a home that won't break your bank. Wholesale, fix and flip and FSBO deals in Columbia and surrounding areas in SC Current Resident: The schools strive to get the best out of each student. We'll start with the most affordable states to buy a house in. And if you already knew these places were cheap, check out some more reading about South Carolina and the cheapest places in the country: Population: 8,684Rank Last Year: 2 (Up 1)Home Price To Income Ratio: 2.3x (2nd most affordable)Income To Rent Ratio: 80.3x (2nd cheapest)More On Fountain Inn: Real Estate | Crime Rate | Cost Of Living. #19 Best Counties to Buy a House in North Carolina Current Resident : Great place for raising a family with lots of family-friendly restaurants and even a movie theater. If you are looking for a cheap place in a suburb area outside of Greenville, one of the best cities in South Carolina, Fountain Inn … The median household income in Marion comes in at $34,561 and the median home value is $104,000 for 2020. We use a few factors to determine the cheapest areas to live in. This city has five star dining and posh shopping, and still, it's the eighth most affordable place to buy a home based on median income data. The area has been a popular beachgoer’s destination for decades but has seen a recent influx of investment opportunities as a result of newly constructed properties. Greenville, SC. If your mortgage company does not require you to buy title insurance, consider doing so anyway so you can be protected. AreaVibes used science and data to create a list of the best cities in South Carolina to buy a new home with a population over 5,000 people. No registration needed! The communities here are nice. Everything from the local economy to your financials to the housing market in South Carolina will impact what home you buy and how much it costs. We think that buying your forever home in Simpsonville is a smart choice. Great American Cities Where You Can Still Buy a House on a $50K Salary . 1405, North Myrtle Beach, SC 29582, 6010 Dick Pond Rd. The cities listed above have been chosen as the best places to buy a new home in South Carolina as they have seen high appreciation rates combined with a solid income to home price affordability ratio. Growing up in the community everyone was very friendly. Kemet, Milliken, and Pare-Chem are three companies in Simpsonville that are helping to keep the economy in South Carolina's eighth most affordable place to live moving; and take from us, it's paying off. 143.81 m² . The unemployment rate sits at 4.0%.eval(ez_write_tag([[728,90],'homesnacks_com-leader-4','ezslot_24',115,'0','0'])); Population: 22,603Rank Last Year: 11 (Up 2)Home Price To Income Ratio: 2.8x (14th most affordable)Income To Rent Ratio: 71.7x (6th cheapest)More On North Augusta: Real Estate | Crime Rate | Cost Of Living. 36,228 and the average home value is $ 127,400 for 2020 mark, 's... Originally worked for Movoto real estate filters to find the perfect place we used data science. 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