Rent to own Homes in Crestview, FL
The city of Crestview, Florida, is known as the Hub City of Northwest Florida because of its proximity to Route 10 and its convenient location between Pensacola and Tallahassee. It's also the seat of Okaloosa County. The community is home to a large military population due to the presence of Eglin Air Force Base in nearby Fort Walton. At 235 feet above sea level, the aptly named Crestview is one of the highest - and coldest! - points in the state.
Crestview, FL is a great place for affordable rent-to-own homes! With a median household income of over $50,188 and a median rent of $1,036, the Crestview, 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 Crestview, 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 Crestview, FL Property Resources
Rent to own Homes in Cities Near Crestview, FL
Neighborhoods in Crestview, FL
Rolling Ridge rent to own homes Antioch Estates rent to own homes Fox Valley rent to own homes Oakdale rent to own homes Countryview Estates rent to own homes Crestview rent to own homesPopular Zip Codes in Crestview, FL
32536 rent to own homesBuying a Home in Crestview, FL
Crestview, FL is seeing rapid growth and Crestview, FL's' housing market remains optimal with an average home price that is -21% below the 2024 national average. Crestview, FL is part of Okaloosa 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 Okaloosa is 0.65% which is below the national average, which is 0.99%.
Median Home Price in Crestview, FL
Median Rent in Crestview, FL
Top 5 Reasons To Live In Crestview, FL
All the conveniences! Crestview has all the amenities you would expect from the county seat. Residents have easy access to grocery stores, pharmacies, shopping, restaurants, banking and more on N Ferdon Blvd. and S Ferdon Blvd. After running the day's errands, you can join the neighborhood locals for a good meal at Emerald Isle Seafood Restaurant and Market, or stop in at the Hot Dog Shoppe for Bob's special dog with sauerkraut.
Easy living and attractive prices! Median household income in Crestview is slightly higher than the state median income. However, the cost of living remains well below average, making Crestview a very affordable and attractive place to settle. Look for available homes in the Dorcas area or near Valley Road for attractive prices and solid property appreciation.
A city on the rise! In recent years, the city has made efforts to revitalize the downtown core, protecting its historical value while promoting business development in the community. Unemployment is below the state average, and business taxes collected have increased. More people commute to Crestview for work than leave it. All of this bodes well for the city's future.
Lots of home choices! There are many homes available for rent, purchase or rent to own in a wide range of prices. Whether you're buying a cozy bungalow near Rainbow Lake or opting for a new construction near Lake Kennedy, your property value is sure to rise. Property values, though rising, are below state average values, making a house purchase in Crestview a solid investment. The fact that the city's population has increased by more than 50% in the past 10 years attests to the success of these efforts.
Festivals, festivals and more festivals! The city of Crestview organizes many festivals throughout the year, offering something for residents of all ages. Special favorites are the Triple B Cook Off in March and the downtown Fall Festival, which combine great food and entertainment for all. Events also include the Spring Carnival, sponsored by the Historic Preservation Board, Fourth of July celebrations at Twin Hill Park, and the Main Street Christmas Parade.