Rent to own Homes in Conway, SC
One of the oldest towns in South Carolina and county seat of Horry County, Conway has a charm of its own. Located along Waccamaw River and just a short distance away from Myrtle Beach, this city has lots to offer in terms of recreation. It is also home to moss-laden oak trees that have been around for centuries, thus gaining Conway's designation as Tree City, USA. Conway city has a history that stretcheds back to the American Revolution, so it's no wonder that many of its buildings make it to the National Register of Historic Places.
Conway, SC is a great place for affordable rent-to-own homes! With a median household income of over $42,840 and a median rent of $787, the Conway, 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 Conway, 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.
More Conway, SC Property Resources
Rent to own Homes in Cities Near Conway, SC
Neighborhoods in Conway, SC
Racepath rent to own homes Hemingway Street rent to own homes Buckwood Jenkins Field rent to own homes Downtown Conway rent to own homes Grainger Whittemore rent to own homes Conway Borough rent to own homes Snow Hill rent to own homesPopular Zip Codes in Conway, SC
29528 rent to own homesBuying a Home in Conway, SC
Conway, SC is seeing rapid growth and Conway, SC's' housing market remains optimal with an average home price that is -24% below the 2024 national average. Conway, SC is part of Horry 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 Horry is 0.41% which is below the national average, which is 0.99%.
Median Home Price in Conway, SC
Median Rent in Conway, SC
Top 5 Reasons to Live in Conway, SC
Explore the Waccamaw River! Taking a stroll on Riverwalk will give you a glimpse of the majestic Waccamaw River as well as the city's historic warehouses, marina, riverside gazebo, and playgrounds. The trail commences at the Main Street Bridge and takes you to the city park and marina complex. And if the Riverwalk is not close enough to the water for your taste, you can rent a kayak at the Conway Kayak Company and paddle on the Waccamaw River.
Low property taxes! At $3.81 per $1000 of home value, Conway has one of the lowest property taxes in the country. Average home cost in this city is also considerably lower than the national average at $116,300. Redhill, Bunker Hill, and Brownway neighborhoods have some of the most affordable rent to own houses in Conway.
Travel down the memory lane! History buffs will have a great time traipsing around town because of the many historical structures and museums littered throughout the city. The L.W Paul Historical Farm will give its guests a glimpse of what life in a small farm in the early 1900s was like. Going through Conway's Oak Tour gives you a look at oak trees, which stood witnesses to much of the city's history.
Diverse housing options! Conway features a good mix of single detached houses and high rise apartments of varying sizes. New homes and older homes are also in the mix of housing options in this city. The area around City Center, Mill Hill Road, and Route 90 offer different real estate property options.
Bask in some entertainment! Conway has its own range of entertainment for residents who'd like to take a break from everyday stress. Attend the Rivertown Bluegrass Society concert for a dose of home-grown talents. Additionally, Myrtle Beach also has a wide range of concerts and events like The Long Bay Symphony Concerts and South Carolina State Bluegrass Festival.