Rent to own Homes in The Hammocks, FL
Great dining! Love to eat? You'll feel right at home in The Hammocks. There are great dining options throughout town., including Amici's Trattoria Italiana and Chef Adrianne's Vineyard Restaurant.
The Hammocks, FL is a great place for affordable rent-to-own homes! With a median household income of over $73,502 and a median rent of $1,793, the The Hammocks, 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 The Hammocks, 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 The Hammocks, FL Property Resources
Rent to own Homes in Cities Near The Hammocks, FL
- Aventura
- Bal Harbour
- Bay Harbor Islands
- Doral
- El Portal
- Fisher Island
- Florida City
- Fountainebleau
- Gladeview
- Glenvar Heights
- Golden Beach
- Golden Glades
- Goulds
- Hallandale
- Hallandale Beach
- Hialeah
- Hialeah Gardens
- Hollywood
- Homestead
- Homestead Base
- Indian Creek
- Islandia
- Ives Estates
- Kendall
- Kendall West
- Key Biscayne
- Leisure City
- Medley
- Miami
- Miami Beach
- Miami Springs
- Miramar
- Naranja
- North Bay Village
- North Key Largo
- North Miami
- Olympia Heights
- Pinecrest
- Richmond Heights
- Richmond West
- South Miami
- South Miami Heights
- Sunny Isles Beach
- The Crossings
- University Park
- Westchester
- West Miami
- West Park
- Westview
- Westwood Lakes
Popular Zip Codes in The Hammocks, FL
No zip codes foundBuying a Home in The Hammocks, FL
The Hammocks, FL is seeing rapid growth and The Hammocks, FL's' housing market remains not optimal with an average home price that is 54% above the 2024 national average. The Hammocks, 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 The Hammocks, FL
Median Rent in The Hammocks, FL
Top 11 Reasons to Live in The Hammocks
Great nightlife. Like to go out, have some drinks and have fun? Then you can definitely do it in The Hammocks. The city is home to some great bars, like the Sports Grill and the Lazy Gator Bar. Check them out for some delicious beers.
Wholesome fun. Like to have wholesome fun? You'll have lots of opportunity to in The Hammocks. Check out Bird Bowl Bowling Center for some bowling fun, or Strike Miami for bowling, games and more
Animal lovers will feel at home! Love animals? Spend time around them and learn about them in the Hammocks. Zoo Miami is just a few miles away, and you can also check out The Preserve Farm to see some great farm animals!
Great hotels. If you live in the Hammocks, you can have family and friends visit and know that there are great accommodations nearby. The Blackbird Caye Resort is a great hotel where people can stay, and Shamrock Rentals is a good option to consider for more long term stays.
Fantastic parks. Like to spend time outside? The Hammocks is home to some great parks. Hammocks Community Park is a great place to get to know your neighbors, while Kendall Green Park is a perfect spot to get some exercise.
Healthy living! Like to stay fit? There are tons of exercise options in The Hammocks, including gyms! Check out a membership at Porky's Gym, or consider taking part in a workout class at Steelhouse Fitness Miami.
Great rentals. If you're considering a rental or rent to own option, The Hammocks will have some great options for you. 24% of property is rented here. Search for rentals near Country Walk or Lake Laura.
Affordable housing! Imagine a beach home that won't put a strain on your wallet! You can find one here. One bedroom rentals or rent to own houses will cost you an average of $1,217 per month. Want to rent near water? Look near Westwind Lakes Park or Kendale Lakes Park.
Work and play. You can live and work in The Hammocks, FL; about 11% of people that live here don't commute. Like to relax when you're not working? Kick back at Water Oaks Park, or enjoy some retail therapy at Hammocks Plaza.
Great neighbors. Want to look at rent to own homes where you can get to know your neighbors? The Hammocks is a great place to start. Only about 6.67% of homes here are vacant. Want to live where you can shop nearby? Check out homes near Water Oaks Shopping Center or Shoppes at 104.