Rent to own Homes in North Port, FL
Rapidly growing city! North Port is a relatively small city containing large-scale residential subdivisions and newly developed commercial real estate. Increased investments from major industry players have contributed to market stability and a positive retail vacancy rate of 3.2%. Construction on 300,000 square feet of retail space is underway in select residential neighborhoods, signaling a city poised for massive growth. The city also continually focuses on improving existing community features, and recently improved The Canine Club Family Paw Park and the tennis courts at Dallas White Park.
North Port, FL is a great place for affordable rent-to-own homes! With a median household income of over $64,543 and a median rent of $1,248, the North Port, 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 Port, 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 Port, FL Property Resources
Rent to own Homes in Cities Near North Port, FL
- Arcadia
- Bokeelia
- Burnt Store Marina
- Cape Coral
- Charlotte Harbor
- Charlotte Park
- Cleveland
- Englewood
- Grove City
- Harbour Heights
- Laurel
- Manasota Key
- Matlacha
- Matlacha Isles-Matlacha Shores
- Myakka City
- Nokomis
- North Fort Myers
- North Port
- Old Miakka
- Palmona Park
- Pine Island Center
- Pineland
- Placida
- Port Charlotte
- Punta Gorda
- Rotonda
- Rotonda West
- Solana
- Southeast Arcadia
- South Venice
- Suncoast Estates
- Venice
- Venice Gardens
- Warm Mineral Springs
Neighborhoods in North Port, FL
Jocky Club of North Point rent to own homes Lakeside Plantation rent to own homes North Port Charlotte Estates rent to own homes Gran Paradiso rent to own homes Islandwalk At The West Villages rent to own homesPopular Zip Codes in North Port, FL
34288 rent to own homes 34289 rent to own homes 34286 rent to own homes 34287 rent to own homesBuying a Home in North Port, FL
North Port, FL is seeing rapid growth and North Port, FL's' housing market remains optimal with an average home price that is -1% below the 2024 national average. North Port, FL is part of Sarasota 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 Sarasota is 0.89% which is below the national average, which is 0.99%.
Median Home Price in North Port, FL
Median Rent in North Port, FL
14 Reasons to Live in North Port
Top 10 city! North Port was named best small city by Movoto Real Estate for increased property investments to the region, low cost of living index and prime location. It is part of Sarasota County and well positioned between two desirable cities, Tampa and Fort Myers. The cost of living is 2.5% less than the larger Sarasota region and 4.6% less than the national average. Utilities rates are 10% cheaper in areas off Chamberlain, for example, than the rest of the state.
Cheaper priced homes! Cost of living is low and the quality of life is high! Homes on Hillsborough Boulevard or East of Price Boulevard will cost considerably less at 42% (median asking price) below the state's average. When compared to the rest of the nation, this city costs 30.8% less. Rent to own homes and rent to own apartments are also less-expensive purchasing options.
High home values! With a stable housing market and increased activity in construction, home values have been slowly responding to these positive influences. The median value of homes in this city is 1.2% higher than Florida's average. Check out the number of homes for sale near West Price Boulevard and North Cranberry Boulevard.
Reasonable rates for renters! Renters will find reasonable prices in rental properties and even rent to own houses as vacant foreclosure homes are turned into leasing properties. The median rental rate is currently 3% higher than the Florida average, but this is expected to bottom out over the next financial quarter. Townhouses in Port Charlotte and Chamber Lane Boulevard are handsome homes and reasonably priced. Renters will have little trouble finding places to rent with the present vacancy rate of 11.7%.
Plan a foodie adventure! A melting-pot of cuisine, this city caters to both the popular and exotic! Try eateries at Lucky Dog Diner in Venice, Engine No. 9 in St. Petersburg, and Yoders Restaurant in Sarasota.
Frolic on the sandy beaches! Beach volleyball, snorkeling and simply playing with the waves are enviable pastimes of living in a sunshine state. Fabulous beaches are accessible five-to-15 minutes away, depending on your neighborhood. From North Port, it's 15 minutes to Englewood Beach and approximately five minutes to Venice Beach or Boca Grande Beach.
Enjoy music and live entertainment! Annual music festivals and fairs offer wonderful opportunities to see live shows in the outdoors. Jannus Live and the Sarasota Music Festival are favorite annual music events.
Experience pure mineral springs! Warm Mineral Spring is a water-filled natural sinkhole in the shape of an hourglass. It is the only warm-water mineral spring in the state of Florida. After basking in its warm waters, walk across to the Spring's Cafe for some Mediterranean cuisine.
Explore an island! Little Gasparilla Island is part of a group of barrier islands between Fort Myers and Sarasota. Take this five-minute ferry ride from Palm Island Marina and explore this lovely beach island.
Challenging bike trails! Real Bikes-Venice and Sarasota Bayfront Park provide fun, challenging trails to bike or walk.
Relax at the country club! Play golf at Bobcat Trail Golf or Heron Creek Golf Course, both open to the public. These lovely courses also have great restaurants and nighttime entertainment.
Variety of shopping malls! Boutiques, major department stores and gift shops are here for your shopping pleasure. Westfield Shopping Town Southgate, Nordstrom Rack and Sarasota Square Mall are a few favorites.
Soak in the culture! North Port Performing Arts Center showcases talented local artists in symphony performances. For an international flavor, Asolo Repertory Theatre in Sarasota provides world-class performances on scheduled nights.