Rent to own Homes in Miami Lakes, FL
Miami Lakes is a community located 17 miles from downtown Miami, making it an ideal area for people who want to be close enough to the city for an easy commute. According to the 2004 census the population is at 22,688, up just slightly from the 2000 census at 22,676. With the population slowly rising, we can assume it's somewhere in the 22,700 range now-- small enough to be a cozy, but large enough to provide all the amenities you want.
Miami Lakes, FL is a great place for affordable rent-to-own homes! With a median household income of over $77,535 and a median rent of $1,608, the Miami Lakes, 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 Miami Lakes, 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 Miami Lakes, FL Property Resources
Rent to own Homes in Cities Near Miami Lakes, FL
- Aventura
- Bal Harbour
- Bay Harbor Islands
- Biscayne Park
- Boulevard Gardens
- Broadview Park
- Brownsville
- Coconut Creek
- Cooper City
- Coral Gables
- Coral Springs
- Coral Terrace
- Country Club
- Dania Beach
- Davie
- Deerfield Beach
- Kendale Lakes
- Lauderdale-by-the-Sea
- Lauderdale Lakes
- Lauderhill
- Lighthouse Point
- Margate
- Miami Gardens
- Miami Lakes
- Miami Shores
- North Lauderdale
- North Miami Beach
- Oakland Park
- Ojus
- Opa-locka
- Palmetto Bay
- Palmetto Estates
- Palm Springs North
- Pembroke Park
- Pembroke Pines
- Pinewood
- Plantation
- Roosevelt Gardens
- Southwest Ranches
- Sunset
- Surfside
- Sweetwater
- Tamarac
- Tamiami
- The Hammocks
- Three Lakes
- Virginia Gardens
- Watergate
- West Little River
- Weston
Neighborhoods in Miami Lakes, FL
Loch Lomond rent to own homes Miami Lakes Industrial Park rent to own homes Miami Lakes Town Center rent to own homes Royal Oaks rent to own homesPopular Zip Codes in Miami Lakes, FL
33014 rent to own homesBuying a Home in Miami Lakes, FL
Miami Lakes, FL is seeing rapid growth and Miami Lakes, FL's' housing market remains not optimal with an average home price that is 89% above the 2024 national average. Miami Lakes, FL is part of Miami-Dade 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 Miami-Dade is 1.02% which is above the national average, which is 0.99%.
Median Home Price in Miami Lakes, FL
Median Rent in Miami Lakes, FL
Top 5 Reasons to Live in Miami Lakes
Convenient shopping and services! Miami Lakes is designed to allow residents easy access to shopping and other businesses, including the Main Street Shopping Center, where hair salons like A La Mode Hair Studio are nestled among the Intensity Dance Studio and several banks. Gerardo's Marketplace and Vive de France also provide opportunities to find specialty groceries.
Great dining! There are eclectic opportunities for dining out in Miami Lakes, including Italy Today, the Chicken Kitchen and El Novillo Mexican Restaurant. For a more upscale experience, Shula's Steak House and Casavana provide excellent options as well. Because it's conveniently located only twenty minutes from downtown Miami, residents always have the option to enjoy a night out in the city.
Beautiful parks and green space! Miami Lakes has plenty of green space with four parks, including Optimist Park and Royal Oaks Park. The community also has excellent hiking trails and golf courses, including the nationally rated Shula's Golf Club, where residents can enjoy nine or eighteen holes over 500 acres. Shula's Golf Club is also the original location of the famous Shula's Steak House.
Outstanding home values! Miami Lakes has a median real estate value of just over $252,000, up from $161,000 in 2000. This is significantly higher than both the state of Florida and the nation as a whole. With real estate values that weathered the recession and continue to improve, Miami Lakes is an excellent community to invest in real estate. If you're looking for a place to buy, check out the neighborhood around Miami Lakeway North. If a condo is more your speed, check out the neighborhood around Balgowan Road.
Great rent to own opportunities! Miami Lakes also has outstanding opportunities to rent to own. The median gross rent was just over $1300 in 2012, which means that if you're interested in affordable rent to own opportunities, Miami Lakes is the community for you. If you're looking for a rental house, check out the area around Aberdeen Way. If you're more in the market for an apartment, check out the St. Tropez in Miami Lakes apartment complex.