Rent to own Homes in North Miami, FL
High vacancy rate! A current vacancy rate of 7.8% means that you can take your time to choose from plenty of attractive North Miami rent to own homes before picking the right one. Start your search on San Souci Estates or Biscayne Blvd. Simply take your time to make the best pick.
North Miami, FL is a great place for affordable rent-to-own homes! With a median household income of over $43,562 and a median rent of $1,205, the North Miami, 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 North Miami, 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 North Miami, FL Property Resources
Rent to own Homes in Cities Near North Miami, 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
- Cutler Bay
- Dania
- Dania Beach
- Davie
- Hallandale
- Kendale Lakes
- Lauderdale-by-the-Sea
- Lauderdale Lakes
- Lauderhill
- 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
- Sea Ranch Lakes
- Southwest Ranches
- Sunset
- Surfside
- Virginia Gardens
- Washington Park
- Westchester
- West Miami
- West Park
- Westview
- Westwood Lakes
Neighborhoods in North Miami, FL
Sunny Acres rent to own homes Sans Souci Estates rent to own homes Breezeswept Estates rent to own homes Alhambra Heights rent to own homes Biscayne Landing rent to own homes Biscayne Highlands rent to own homes Keystone rent to own homes Sunkist Grove rent to own homes North Shore Heights rent to own homes Irons Manor rent to own homesBuying a Home in North Miami, FL
North Miami, FL is seeing rapid growth and North Miami, FL's' housing market remains not optimal with an average home price that is 7% above the 2024 national average. North Miami, 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 North Miami, FL
Median Rent in North Miami, FL
Top 14 Reasons to Live in North Miami, Florida
Sun and surf! In North Miami the sandy stretches are much more chilled out and quieter than the tourist crowded beaches of South Miami. You can always spend a day soaking up the sun, go for a swim, or jog in the morning at Haulover Park without having to compete for space.
Magical historic locations! The idyllic Spanish Monastery is a scenic and serene venue much loved by locals. The medieval cloisters were shipped from Europe and reassembled in North Miami in the 1920s. Today this enchanting venue is a popular spot for wedding ceremonies and romantic walks.
Affordable homes! The median sale price for property in North Miami is a whopping 9.2% lower than the median price in the state of Florida. You definitely get more bang for your buck with rent to own apartments here. Try looking at some properties on Keystone Islands or City Center.
Breathtaking parks! Hike the trails, kayak in the river or stretch on the pristine beach of Oleta River Park. Watch birds and butterflies flutter in the tree crowns of Greynolds Park or marvel at beautiful botanic species and rare Indian artifacts at Arch Creek Park.
Delectable Italian food! North Miami is home to Laurenzo's Italian Center, one of the best Italian food markets in the state which has been tickling the palates of locals for six decades with mouth-watering wine, pasta and pizza. Primo Trattoria Italiana is also a popular choice with the locals.
Unique historic architecture! North Miami offers a range of housing options, but some of the most attractive are the houses built during the Mediterranean revival. You can find these houses in many places, but you might want to start looking on W. Dixie Hwy or North Miami Blvd.
Fantastic sporting activities! North Miami is well known for its plethora of outdoor and water sports, while man-made recreational facilities range from golf courses to tennis courts. Oleta River Park and smaller parks give you a chance to go fishing, scuba diving, camping, kayaking, trekking, cycling, etc. You name it!
Mouthwatering cuisine! Fresh seafood and rich Latin American influences on local cuisine will whet your appetite. Little Havana tops the charts of popular Cuban eateries, while Flanigan's serves delectable sea fare. Best of all, beach-side cafes in the area remain open 24 hours, so you can never stay hungry.
A wide choice of listings! In the past six months, listings have always averaged 200 per month. While elsewhere you might have to choose from limited options, in North Miami you can view lots of rent to own houses in order to find your perfect nest. Check out some of the properties near Miami Beach or Bal Harbour.
Miles of malls! North Miami is well known for its diverse range of shopping outlets, among which Aventura Mall stands out with nearly 300 retailers on the premises, from international luxury designers like Louis Vuitton to more affordable high-street names. If you work up an appetite while shopping, this mall has plenty of restaurants to suit any taste.
Modern developments! Biscayne Landing is a brand new and highly modern residential community currently developed on the shores of Biscayne Bay. In addition to contemporary residential apartments, the development will also offer business and retail space.
Awesome annual events! There is a lot going on in North Miami to engage all your friends. From the Easter Egg Hunt and Halloween festivities held at the Enchanted Forest Park, to the community Bike Ride, you can interact with fellow citizens all year round.
Welcoming farmer's market! The North Miami Farmer's Market, held at MOCA Plaza, serves both local farmers and residents. You can stock on a range of fresh groceries and hand-made goodies every Thursday from May through October.