Rent to own Homes in West Little River, FL
Miami annexed West Little River back in 1925, but when the Great Depression hit the city hard, Miami basically gave the place up. Luckily, this small area, which was just a neighborhood in Miami, is still around and kicking long after the Depression. One of the most amazing things about the area is that its population has changed less than 7 percent from its 1980 level.
West Little River, FL is a great place for affordable rent-to-own homes! With a median household income of over $40,955 and a median rent of $1,174, the West Little River, 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 West Little River, 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 West Little River, FL Property Resources
Rent to own Homes in Cities Near West Little River, FL
- Dania
- Doral
- El Portal
- Fisher Island
- Fort Lauderdale
- Fountainebleau
- Franklin Park
- 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
- Lazy Lake
- 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
- Sunrise
- The Crossings
- Washington Park
- Westchester
- West Miami
- West Park
- Westview
- Westwood Lakes
Neighborhoods in West Little River, FL
West Little River rent to own homesBuying a Home in West Little River, FL
West Little River, FL is seeing rapid growth and West Little River, FL's' housing market remains optimal with an average home price that is -22% below the 2024 national average. West Little River, 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 West Little River, FL
Median Rent in West Little River, FL
Top 5 Reasons to Live in West Little River
Property valuations rising! Those who are looking to rent to own will be happy to know that homes in West Little River have appreciated more than triple the national average over the year. The property in this area has also outpaced that seen in nearby Miami. In general, the Miami-Dade area should be proud of their little unincorporated area.
Easy to travel! West Little River is conveniently located right next to Interstate 95, and this means you could hit the interstate and go up the entire Eastern seaboard if you were so inclined. Of course, not many people find reasons to leave the Miami area, so you could just hop on the nearby Amtrak and enjoy all the activities in your home base.
All types of shopping! You have a variety of shopping options in West Little River. For everyday things and more, stopping by the Northside Shopping Center should suffice. If you're looking to shop like a star, Miami stores are just a hop, skip and a jump away. If you'd like to do a little antique "picking" or you're just looking for really good deals, head over to the Liberty Flea Market.
People looking to stay! The percentage of homes that are owned in an area is a good indicator of whether people want to live there or not. This percentage is actually higher in West Little River than it is in Miami -- or America in general. Whether this is because of the area's proximity to Miami Beach or its ease of access to the Bayside Marketplace, it remains true that something is keeping people here.
Relax in the park! There's no need to drive to Miami or sit on a beach to get in some relaxation time. Both Fernville Park and Little River Park are nearby. When it's time to just get out of the house, but not time to head out to the beach, these little urban sanctuaries are just what the doctor ordered.