Greenville-Anderson-Mauldin One of Best Areas in U.S. to Buy Instead of Rent

10/16/2017 Categories: economic development

"The Greenville-Anderson-Mauldin metropolitan statistical area was rated one of the best areas in the country to buy a home rather than rent.

SmartAsset.com used data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau 2015 American Community Survey on average rents and home prices and compared buying to renting in all metro areas with a population more than 200,000.

Greenville-Anderson-Mauldin had the third-highest rent versus buy index at 98.7. The average monthly mortgage payment was $485 and the average monthly rent was $1,008, according to the report. The average home price in the metro area was $175,235."

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