Rent to own Homes in Palm Coast, FL
Swampland transformed! The area that became Palm Coast was mostly isolated swampland before developers employing a marketing strategy designed to lure land buyers from the North and Midwest turned the area into the biggest planned unit city in Florida history. It became a patchwork quilt of homes, golf courses, small marinas, and condos that would come together to form a community. Nearby Flagler Beach is an outstanding combination of pier and sand with many cool shops. Palm Coast is situated on 26 miles of saltwater canals and 53 miles of freshwater canals, providing ample recreational opportunities.
Palm Coast, FL is a great place for affordable rent-to-own homes! With a median household income of over $57,872 and a median rent of $1,374, the Palm Coast, 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 Palm Coast, 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 Palm Coast, FL Property Resources
Rent to own Homes in Cities Near Palm Coast, FL
Neighborhoods in Palm Coast, FL
Seminole Woods rent to own homes Grand Haven rent to own homes Pine Grove - Belle Terre rent to own homes Cypress Knoll rent to own homes Indian Trails rent to own homes Downtown Palm Coast rent to own homes Mantanza Woods rent to own homes Palm Harbor rent to own homes Pine Lakes rent to own homes Lehigh Woods rent to own homesPopular Zip Codes in Palm Coast, FL
32135 rent to own homes 32164 rent to own homes 32137 rent to own homesBuying a Home in Palm Coast, FL
Palm Coast, FL is seeing rapid growth and Palm Coast, FL's' housing market remains not optimal with an average home price that is 4% above the 2024 national average. Palm Coast, FL is part of Flagler 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 Flagler is 0.78% which is below the national average, which is 0.99%.
Median Home Price in Palm Coast, FL
Median Rent in Palm Coast, FL
Top Reasons to Live in Palm Coast FL
Housing Statistics Palm Coast, in many ways, became a perfect representation of the problems leading up to the housing bubble that sent the world economy into recession when it burst. House-flipping was rampant, housing qualifications were lax, and it was unsustainable. While parts of Florida are heating up again, growth in Palm Coast is slower. The average median home price was for May - July 2013 was $135,000, based on 737 home sales. The median price represented a 17.4 percent increase from the year before. There are 1,619 homes somewhere in the bank-owned or foreclosure pipeline. Rentals make up 20.57 percent of the households. The vacancy rate is high, running at 15 percent. The median age of homes is only nine years.
Tourist Attractions The beaches of Palm Coast and Flagler County are some of the best on the Atlantic Coast of Florida. Add in the calm waters of the Intracoastal Waterway and area lakes, and opportunities for fun on the water are even greater. Just to the north is historic St. Augustine, while a short drive south finds you in Daytona Beach. It's worth it to keep going south and visit one of the world's most unique tourist destinations, the spaceport of Cape Canaveral. If golf is your game, the Jack Nicklaus designed greens at Grand Haven await. The International Food and Wine Festival is a fun annual event.
Weather and Climate Escape the snow, but keep the humidity. People looking to escape cold winters elsewhere are a big part of what built Palm Coast. Of course, the trade-off comes when facing a long summer with high humidity. The weather can be downright steamy, with hot fog in the morning that gives way to sweaty sunshine, until afternoon thunderstorms give a brief respite. Winters are mild, with lows rarely falling below 40 degrees.
Palm Coast Neighborhoods Pick the community that's right for you. The easiest way to understand Palm Coast is to consider it as three districts.