Rent to own Homes in Oak Ridge, FL
A small community with big ideas, Oak Ridge is nestled within Orange County, Florida. Residents boast easy access to major highways, including Interstate 4, the gateway to many theme parks and attractions. The town is home to several farm-to-table restaurants and excellent performing arts venues in an atmosphere where crashing waves can be heard on nearby beaches.
Oak Ridge, FL is a great place for affordable rent-to-own homes! With a median household income of over $40,357 and a median rent of $1,098, the Oak Ridge, 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 Oak Ridge, 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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Rent to own Homes in Cities Near Oak Ridge, FL
- Altamonte Springs
- Apopka
- Bay Hill
- Bay Lake
- Belle Isle
- Buenaventura Lakes
- Campbell
- Casselberry
- Celebration
- Clarcona
- Clermont
- Conway
- DeBary
- Doctor Phillips
- Eatonville
- Edgewood
- Fairview Shores
- Ferndale
- Fern Park
- Forest City
- Four Corners
- Goldenrod
- Gotha
- Holden Heights
- Horizon West
- Hunters Creek
- Kenansville
- Kissimmee
- Lake Buena Vista
- Lake Mary
- Lake Mary Jane
- Lockhart
- Loughman
- Maitland
- Meadow Woods
- Minneola
- Montverde
- Oak Ridge
- Orlando
- Orlovista
- Oviedo
- Paradise Heights
- Pine Castle
- Pine Hills
- Poinciana
- Rio Pinar
- Sky Lake
- Sorrento
- St. Cloud
- Taft
Neighborhoods in Oak Ridge, FL
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No zip codes foundBuying a Home in Oak Ridge, FL
Oak Ridge, FL is seeing rapid growth and Oak Ridge, FL's' housing market remains optimal with an average home price that is -36% below the 2024 national average. Oak Ridge, FL is part of Orange 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 Orange is 0.94% which is below the national average, which is 0.99%.
Median Home Price in Oak Ridge, FL
Median Rent in Oak Ridge, FL
Top 6 Reasons to Live in Oak Ridge
Generous leasing options! The home of vacation rentals and rent to own homes, Oak Ridge offers flexible rental deals for diverse interest groups. The rental rates here are nine percent less than the state average and 65 percent of residents choose rentals. With recent constructions of townhouses east of Orange Avenue and near John Young Parkway, renters have newer apartment styles to choose from.
Investment-worthy homes! For buyers, Ravinnia Drive and County Road, near South Texas Avenue, offer palm-lined sidewalks and distinct homes minutes away from famous attractions. With the median home value in Oak Ridge 33.6 percent less and the cost of living 10 percent less than the Florida average, Oak Ridge ranks high on the livability scale. House hunters will find outstanding deals on rent to own houses and home mortgage investments.
Best chewy bobas! Bobas are like tapioca pearls with juice that pops inside the mouth, and they are popular among residents. Almond milk tea with lychee-popping-boba is a hit at Chewy Boba Tea Company. Lollicup, another boba tea shop, offers a delicious Taro milk boba tea.
Movie buffs' sanctuary! Universal Cineplex 20 on Horizons West and Cinemark on International Drive are two of over a dozen cinemas in the area that cater to avid movie goers. Most are equipped with a full bar and ready to serve a full meal for the dinner and movie experience.
Mall mania! The Mall at Millenia on Conroy Road and the Florida Mall on South Orange Blossom Trail are two of several large malls serving the town. Shoppers have little difficulty finding the right item in one of these boutiques.
Widest selection of produce! For great prices, incredible quality and the widest selection of whole foods, meats and breads, Hunters Creek in Village Park and Edgewood Farmer's Market on Larue Avenue are close to the town's center.
Restaurants for every craving! If you feel like going out to eat instead, try Border Grill Fresh-Mex, a Mom-and-Pop restaurant that serves authentic Mexican food. Not in the mood for Mexican? Check out Yard House with their Grilled Cheese, Tomato Bisque, Mac and Cheese and selection of beers.