Rent to own Homes in Jacksonville Beach, FL
Situated on the eastern side of Duval County, Jacksonville Beach has a population in excess of 21,000 inhabitants. Along with Atlantic Beach, Neptune Beach, Mayport and Ponte Vedra Beach, the city makes up part of the Jacksonville Beach communities, which overlook the Atlantic Ocean. Always a popular tourist resort, the city boasted an amusement park that began operating in 1905 and was originally named Little Coney Island. Jacksonville is now well-established as the entertainment center of northeast Florida, with regular musical events from jazz to blues and classical.
Jacksonville Beach, FL is a great place for affordable rent-to-own homes! With a median household income of over $96,629 and a median rent of $1,531, the Jacksonville Beach, 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 Jacksonville Beach, 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.
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Jacksonville Beach, FL is seeing rapid growth and Jacksonville Beach, FL's' housing market remains not optimal with an average home price that is 75% above the 2024 national average. Jacksonville Beach, FL is part of Duval 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 Duval is 0.85% which is below the national average, which is 0.99%.
Median Home Price in Jacksonville Beach, FL
Median Rent in Jacksonville Beach, FL
Top 5 Reasons to Live in Jacksonville Beach, Florida
The Jacksonville Celtic Festival! Held each year, this festival takes place at the Seawalk Pavilion in Jacksonville Beach and is a unique weekend-long event devoted to the culture of the Celtic nations. Head to Ocean Front North, close to the pier, for activities like a tug-o-war tournament, live music and a children's zone. There is plenty to see and do during the festival weekend.
The mix of rented and owned homes! Just under half of the housing stock in Jacksonville Beach is owner-occupied. However, well over 37 percent of the housing is rented, making it attractive for people looking for rent to own houses. Even on ocean facing roads like First Street South, there are plenty of choices for renters.
The sporting facilities! Jacksonville Beach's excellent tennis center is situated on Huguenot Park, just a block or so from the beach. Along with softball teams and flag football, the municipal golf club is superb and is easy to find on the western side of the city, close to the Borland-Groover Clinic.
The fishing pier! Jacksonville Beach's most iconic landmark, the fishing pier, stretches about a quarter of a mile into the ocean. Head to Fourth Avenue North and then turn east towards the coast. No Florida salt water fishing license is needed to use the pier and spectators who just want to walk up and down its length are only charged a dollar.
A plethora of studio apartments! Jacksonville Beach has some excellent studio apartments which cost less to rent than the national average, unlike much of the larger rental homes to be found in Duval County. Many of these smaller properties are located on the main routes, such as Beach Boulevard and Third Street South, but apartments of all sizes and shapes can be found the length and breadth of the city.