Rent to own Homes in Glenvar Heights, FL
Glenvar Heights is located in Miami-Dade County and has a population of around 17,000 residents. Encompassing just 4.2 square miles, Glenvar Heights may seem congested, but it actually offers a welcome respite from the hustle and bustle of nearby Miami. Residents of Glenvar rave about the affordable homes that put them within a 10 minute drive of the best beaches in the state.
Glenvar Heights, FL is a great place for affordable rent-to-own homes! With a median household income of over $63,059 and a median rent of $1,558, the Glenvar Heights, FL 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 Glenvar Heights, FL. 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 Glenvar Heights, FL Property Resources
Rent to own Homes in Cities Near Glenvar Heights, FL
- Bal Harbour
- Bay Harbor Islands
- Dania
- Doral
- El Portal
- Fisher Island
- Florida City
- Fort Lauderdale
- Fountainebleau
- Gladeview
- Glenvar Heights
- Golden Beach
- Golden Glades
- Goulds
- Hallandale
- Hallandale Beach
- Hialeah
- Hialeah Gardens
- Hollywood
- Homestead
- Homestead Base
- Indian Creek
- Islandia
- Ives Estates
- Kendall
- Kendall West
- Key Biscayne
- Leisure City
- Medley
- Miami
- Miami Beach
- Miami Springs
- Miramar
- Naranja
- North Bay Village
- North Miami
- Olympia Heights
- Pinecrest
- Richmond Heights
- Richmond West
- South Miami
- South Miami Heights
- Sunny Isles Beach
- The Crossings
- University Park
- Westchester
- West Miami
- West Park
- Westview
- Westwood Lakes
Neighborhoods in Glenvar Heights, FL
Glenvar Heights rent to own homesPopular Zip Codes in Glenvar Heights, FL
33255 rent to own homesBuying a Home in Glenvar Heights, FL
Glenvar Heights, FL is seeing rapid growth and Glenvar Heights, FL's' housing market remains not optimal with an average home price that is 78% above the 2024 national average. Glenvar Heights, FL is part of Miami-Dade 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 Miami-Dade is 1.02% which is above the national average, which is 0.99%.
Median Home Price in Glenvar Heights, FL
Median Rent in Glenvar Heights, FL
5 Reasons to Live in Glenvar Heights, FL
Increasing home values! In addition to Glenvar Heights being a growing city, it also has a median home value that has risen 4.3 percent over the last year to $201,600. Newcomers to the area may want to consider a rent to own home in a neighborhood like Sunset Corners or SW 56th Street.
Foreclosures provide buying opportunities! Because a bank never wants to hold on to a foreclosed property for longer than it has to, it will often accept a low offer to recoup its losses. With 14.6 percent of homeowners delinquent on their mortgage in Glenvar Heights, new residents to the area can capitalize on a market flush with bank owned properties. The best deals can be had in areas like SW 72nd Ct and SW 77th Ave.
A shopper's paradise! In addition to being home to one of the largest Target department stores in the nation, Glenvar Heights also has businesses like Sports Authority and Bed, Bath & Beyond operating within the city limits.
Beautiful weather! Located just minutes from the beautiful beaches of Miami, Glenvar Heights offers spectacular weather year round. If escaping the cold and snow of a Northern state is a priority, living in Glenvar Heights would be perfect because the temperature rarely dips below 70 degrees, and the closest thing to snow is a little rain. Take advantage of the gorgeous days with a visit to one of the numerous parks in the city like Tropical Park or Continental Park.
Food trucks galore! Get a delicious meal on the cheap from one of the many food trucks that operate in the city. Head to the Saucy 'Stache for the grilled shrimp with cheesy bacon mashed potatoes and chimichurri or the Mr. Taco for the best Mexican food in the city.