Rent to own Homes in Jonesboro, AR
Situated halfway between Fresno and Los Angeles, Bakersfield is right in the middle of California, in an area known as the San Joaquin Valley. This central California town is booming, with a massive population increase every year and a current population of 347,483 people. Houses in Bakersfield remain relatively inexpensive for California, and the many strong industries, such as oil, agriculture and natural gas, attract individuals and families to the area from all over. But there's more to Bakersfield than just work. The city has a selection of excellent historic restaurants. The Buena Vista Museum of Natural History is fascinating and educational. The Kern County Museum houses artifacts from California's dense history. Bakersfield is also home to California State University, Bakersfield, Bakersfield College, and the largest school district in the state. Though families are obviously driven to move here, the median age is a youthful 29 years, so young folks love it here too. If you're looking for a place to rent or own, Bakersfield might be a great option for you.
Jonesboro, AR is a great place for affordable rent-to-own homes! With a median household income of over $47,062 and a median rent of $786, the Jonesboro, AR 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 Jonesboro, AR. 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.
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Rent to own Homes in Cities Near Jonesboro, AR
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72402 rent to own homes 72403 rent to own homes 72467 rent to own homesBuying a Home in Jonesboro, AR
Jonesboro, AR is seeing rapid growth and Jonesboro, AR's' housing market remains optimal with an average home price that is -26% below the 2024 national average. Jonesboro, AR is part of Craighead 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 Craighead is 0.53% which is below the national average, which is 0.99%.
Median Home Price in Jonesboro, AR
Median Rent in Jonesboro, AR
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Housing Stats Both the cost of living and the cost of housing in Bakersfield are below the national average and the average in California. The average price for a home in Bakersfield was $261,701 from January-March 2013; in the same time frame the median cost was $148,350. In 2012, the median price for a home was $140,818, proving Bakersfield is enjoying rising home values.
Transportation and Commutes Commute times are shorter in Bakersfield than in many parts of California, especially further north or south. Drivers take about 24 minutes on average to arrive to work from home or vice versa.
Local Restaurants Bakersfield is home to several notable historic dining spots, including Pyrenees, Benji's and Narducci's, which all feature Basque cuisine. But this is a very diverse area, and there are eateries of every type. La Costa Mariscos is popular for its Mexican-themed seafood items, Cuban Cafe has great Cuban sandwiches, and Cafe India has spicy curries many locals love. Restaurants range in price from cheap taco drive-thrus to four dollar-sign steakhouses, with a little something for every taste and occasion.
Neighborhoods Though there are dozens of smaller neighborhoods within Bakersfield, most people generally refer to regions when speaking of areas to live. There are eight regions in total with many shared qualities, but any buyer should investigate further before settling on one. If you want a rental house, a rental apartment, or a purchasable home, it's smart to investigate the area it's in before making a decision.