Rent to own Homes in Bristol, CT
Something's cooking! Bristol's restaurants lean towards simple, sturdy fare. Lee Po Chinese Kitchen is a great stop for Chinese food, while Buster's Drive In brings up memories of old-fashioned drive-ins.
Bristol, CT is a great place for affordable rent-to-own homes! With a median household income of over $68,485 and a median rent of $1,093, the Bristol, CT 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 Bristol, CT. 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 Bristol, CT Property Resources
Rent to own Homes in Cities Near Bristol, CT
- Agawam Town
- Andover
- Blue Hills
- Canton
- Cheshire
- Cheshire Village
- Collinsville
- Coventry
- Cromwell
- Durham
- East Berlin
- East Hartland
- Enfield
- Farmington
- Glastonbury
- Hamden
- Hazardville
- Lake Pocotopaug
- Manchester
- Marlborough
- Meriden
- Middletown
- Naugatuck
- New Hartford
- New Hartford Center
- Northfield
- North Haven
- Northwest Harwinton
- Oakville
- Portland
- Prospect
- Rockfall
- Rocky Hill
- Salmon Brook
- Sherwood Manor
- Simsbury Center
- Southwick
- South Windsor
- Suffield Depot
- Tariffville
- Terramuggus
- Terryville
- Vernon Rockville
- Wallingford Center
- West Granby
- West Hartford
- West Hartland
- West Simsbury
- West Springfield
- Winsted
Neighborhoods in Bristol, CT
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Bristol, CT is seeing rapid growth and Bristol, CT's' housing market remains optimal with an average home price that is -9% below the 2024 national average. Bristol, CT is part of Hartford 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 Hartford is 1.74% which is above the national average, which is 0.99%.
Median Home Price in Bristol, CT
Median Rent in Bristol, CT
Top 14 Reasons to Live in Bristol
Great bang for the buck! With a median sales price of $179,500, the housing in Bristol is quite reasonable -- coming in below the state average. Check out rent to own houses in the Sunnydale Avenue or King Street areas for good deals in the range of the average price.
World class parks! With acres of public green space, there's lots of room to enjoy the temperate Connecticut summers. Federal Hill Green is great for relaxation, while the Harry Barnes Memorial Nature Center features 70 acres of forests and fields for exploration, including trails and an informative center.
Rent on a budget! The median monthly rent comes in at $890, making Bristol a reasonable place to rent or rent to own. Downtown is the most popular amongst renters, with over 40% of the units being renter-occupied, while the Lake Avenue area is also a good area to look.
Year-round festivities! The popular Bristol Mum Festival and accompanying parade has been the highlight of the festival schedule in Bristol since 1962, but is only one of many. The Polish "Dozynki" Festival and the Italian Festival are two of the many festivals that highlight the heritage of local residents.
Easy market to enter! If you are just starting out, Bristol can offer some bargains for inexpensive rent to own homes or homes for sale by owner. East Bristol offers the lowest prices on units, while Barlow Street is also quite affordable.
Museums galore! Bristol is home to a number of museums, from the Witch's Dungeon Classic Movie Museum that features life-size figures of classic movie monsters, to the American Clock & Watch Museum that is the preeminent museum in the area of American clocks.
Homes for all budgets! From one-bedroom houses listed at an average of $85,000 up to 4+ bedrooms averaging in the $250,000 range, there's a home that fits your budget in a neighborhood such as Forestville or the Wolcott Street area.
Growing performance art scene! Dance, theater, and other performing arts are sprouting in Bristol, thanks to a fertile community and developing troupes. The Connecticut Theatre Company is a performing arts group with year-round shows, while Dance Arts Centre offers top-notch dance instruction for all ages.
Eat local! The Bristol Farmers Market brings together farmers from around the area in one convenient location, and is a weekly stop for many Bristol residences. Market vendors have their own places open as well, so stop by Luckyfoot Ranch and CSA for chemical-free produce or Pat's Pastured for dairy, eggs and meat.
Get in a shrinking market! The number of sales and the number of available houses has been declining in Bristol, which means that a search for a rent to own home, rental or house for purchase must be done soon. There are only 230 or so units on the house at any time, with the Burlington Avenue and Stafford Avenue neighborhoods being in high demand.
Are you not amused? You will be after a visit to Lake Compounce, the oldest continuously operating amusement park in the United States - open since 1846. If you prefer being amused at home, tune in to ESPN - the sports giant calls Bristol its home, with the station's campus being located in the city.
Urban convenience! City Center and East Bristol are perfect neighborhoods for the urban resident, with high walkability. Mainly consisting of multi-unit apartment building and row homes, these neighborhoods provide convenience in a core location for the city.
Tight sense of community! With nearly 67% of the units in Bristol being owner-occupied, there is a definite feeling of community amongst the residents. The Terryville Avenue and Redstone Hill Road neighborhoods are great little neighborhoods consisting of single-unit, detached houses.