Total monthly cost of ownership
Cost to Own a Home in Simpsonville, South Carolina
A $268,000 home here costs
$2,054per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,378. The real number is $676 higher every month — 49% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Simpsonville against Greenville County and South Carolina
| Measure | Simpsonville | Greenville County |
|---|---|---|
| Median home value | $267,500 | $273,900 |
| Median property tax | $1,319 | $1,445 |
| Effective tax rate | 0.493% | 0.528% |
| Median gross rent | $1,322 | $1,198 |
| Population | 25,125 | 537,575 |
The weather behind that power bill
Simpsonville sits in Greenville County, which averages a high of 90.9°F in its hottest month and a low of 34.6°F in its coldest, with 47.04" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,035 cooling and 2,646 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Greenville County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Greenville County
Full Greenville County cost breakdown · Every county in South Carolina
Common questions
How much does it cost to own a home in Simpsonville?
A $268,000 home in Simpsonville, South Carolina costs approximately $2,054 per month with 20% down at 6.66%. That is $1,378 principal and interest, $110 property tax, $129 homeowners insurance, $213 utilities and $223 set aside for maintenance.
What is the property tax rate in Simpsonville?
Simpsonville has an effective property tax rate of 0.493%, based on a median home value of $267,500 and median real estate taxes of $1,319. That is lower than the Greenville County average of 0.528%.
What is the average home price in Simpsonville?
The median owner-occupied home value in Simpsonville, South Carolina is $267,500, against $273,900 across Greenville County.
Is it cheaper to rent or buy in Simpsonville?
Median gross rent in Simpsonville is $1,322 a month, against $2,054 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Simpsonville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for South Carolina.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.