Rent to own Homes in Immokalee, FL
Immokalee, FL is a small unincorporated town that is part of the Naples and Marco Island metropolises in Collier County. It boast a population of a little under 25,000 residents. Once, the area where present day Immokalee sits was all swampland and the home of the Seminole tribe, but the swamps were drained for farmers to utilize its rich agricultural soil. The area was quickly dubbed the Seminole word for "my home" -- Immokalee.
Immokalee, FL is a great place for affordable rent-to-own homes! With a median household income of over $33,249 and a median rent of $772, the Immokalee, 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 Immokalee, 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 Immokalee, FL Property Resources
Rent to own Homes in Cities Near Immokalee, FL
- Ave Maria
- Berkshire Lakes
- Bonita Springs
- Estero
- Florida Gulf Coast University
- Fort Myers
- Fort Myers Beach
- Gateway
- Golden Gate
- Goodland
- Heritage Bay
- Immokalee
- Island Walk
- Lehigh Acres
- Lely
- Lely Resort
- Marco Island
- Marco Shores Hammock Bay
- Naples
- Naples Manor
- Naples Park
- Ochopee
- Orangetree
- Pelican Bay
- Pelican Marsh
- San Carlos Park
- Three Oaks
- Verona Walk
- Vineyards
- Winding Cypress
Neighborhoods in Immokalee, FL
Immokalee rent to own homesPopular Zip Codes in Immokalee, FL
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Immokalee, FL is seeing rapid growth and Immokalee, FL's' housing market remains optimal with an average home price that is -37% below the 2024 national average. Immokalee, FL is part of Collier 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 Collier is 0.67% which is below the national average, which is 0.99%.
Median Home Price in Immokalee, FL
Median Rent in Immokalee, FL
Top 4 Reasons to Live in Immokalee, FL
Rapid housing growth helps spur the mortgage market! In recent years, Immokalee has experienced a boom in housing. The area's housing appreciation rate has risen over 43 percent--one of the highest appreciation rates in the United States. Approximately 30 percent of the homes in the community are owner occupied. The rent to own market remains a viable option for individuals in the town who seek to own a home but do not qualify for a traditional mortgage. To see if you qualify for a mortgage, you can check with Immokalee's local Bank of America or Wells Fargo branch to explore mortgage lending options.
Transportation options abound for the community! Residents of Immokalee often opt to utilize the affordable public transportation of El Expresso Bus Company to commute to work, shopping or medical appointments. People seeking a night out on the town in Immokalee often choose to ride one of the Corporate Coaches which transport people to the Hard Rock Hotel and Casino Hollywood, Isle of Capri Casino, the Seminole Casino Coconut Creek and the Seminole Immokalee Casino.
High vacancy rates makes rental housing plentiful and local moving companies busy! Currently 33 percent of the rental homes in Immokalee remain vacant. Such vacancies make the rental housing market plentiful. Renters have numerous options such as apartments, duplexes, mobiles, single family residences and town homes. With so many rentals, many are offered as rent to own homes and give the renter a chance to someday purchase the house they are living in. The abundant housing keeps local moving and storage companies busy. The Immokalee Auto Electronics & General Repair is the local neighborhood Uhaul dealer. The Immokalee, Fl. Self Storage facility offers safe storage units for household belongings.
Nightlife and Exciting Gaming Opportunities! The Seminole Casino of Immokalee is a home away from home for many locals who enjoy trying their hands at a bit of fast paced gaming, with 1200 slot machines, a poker gaming room and 34 table games. When the sun sets, the nightlife starts with live performances and dancing at the on site Zig Zag Lounge.