Rent to own Homes in West Palm Beach, FL
Located on the sunny eastern beaches of Florida, West Palm Beach is a gorgeous vacation destination that many fortunate souls call home. Though the city has a slightly elevated cost of living, housing prices remain within reach of many Americans, even in this economy. West Palm Beach offers more than just white sand beaches and gentle waves. The city also has a lively culture, a strong sense of its history--as evidenced by its unique neighborhoods--and a diverse community. West Palm Beach residents enjoy an active outdoors lifestyle, with several golf courses nearby including Palm Beach Country Club and Breakers Ocean Golf Course. The city appeals to families, couples and young adults, as well as visitors from around the state and nation.
West Palm Beach, FL is a great place for affordable rent-to-own homes! With a median household income of over $54,603 and a median rent of $1,381, the West Palm Beach, 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 West Palm Beach, 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 West Palm Beach, FL Property Resources
Rent to own Homes in Cities Near West Palm Beach, FL
- Acacia Villas
- Atlantis
- Boca Raton
- Boynton Beach
- Briny Breezes
- Cabana Colony
- Delray Beach
- Glen Ridge
- Golf
- Greenacres
- Gulf Stream
- Gun Club Estates
- Haverhill
- Highland Beach
- Hobe Sound
- Hypoluxo
- Juno Beach
- Juno Ridge
- Jupiter
- Jupiter Farms
- Jupiter Inlet Colony
- Jupiter Island
- Kenwood Estates
- Lake Belvedere Estates
- Lake Park
- Lakewood Gardens
- Lake Worth
- Lake Worth Beach
- Lantana
- Limestone Creek
- Loxahatchee
- Loxahatchee Groves
- Manalapan
- Mangonia Park
- North Palm Beach
- Ocean Ridge
- Palm Beach Gardens
- Palm Springs
- Pine Air
- Plantation Mobile Home Park
- Royal Palm Beach
- Royal Palm Estates
- San Castle
- Seminole Manor
- South Palm Beach
- Stacey Street
- Tequesta
- The Acreage
- Wellington
- West Palm Beach
Neighborhoods in West Palm Beach, FL
Echo Lake rent to own homes Baywinds rent to own homes San Marino at Bear Lakes rent to own homes Village Commerce Center rent to own homes Sterling Village rent to own homes Brittany Village rent to own homes Condominiums of Whitehall Village rent to own homes Briger Pars rent to own homes Palm Club rent to own homes Waterside Luxury Townhomes rent to own homesPopular Zip Codes in West Palm Beach, FL
33409 rent to own homes 33407 rent to own homes 33411 rent to own homes 33402 rent to own homes 33401 rent to own homes 33405 rent to own homesBuying a Home in West Palm Beach, FL
West Palm Beach, FL is seeing rapid growth and West Palm Beach, FL's' housing market remains not optimal with an average home price that is 21% above the 2024 national average. West Palm Beach, FL is part of Palm Beach 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 Palm Beach is 1.02% which is above the national average, which is 0.99%.
Median Home Price in West Palm Beach, FL
Median Rent in West Palm Beach, FL
Top Reasons to Live in West Palm Beach FL
Housing Stats As of July 2013 the median price for a home was $199,000, with the median sale price hovering around $175,000. This is an increase of 16 percent over last year. The median price in 2011 was $161,800. This shows that West Palm Beach is enjoying a steady incline in prices that ensures a stable housing market for years to come. The median age of 38 also helps stabilize the market, with most folks living in West Palm Beach looking to settle down rather than move around from rental to rental. Occupied homes are 52.1 percent owned and 47.9 percent rented (with an even smaller amount being rent to own). The vacancy rate is around 14 percent, which allows new buyers a wealth of options when selecting a home.
Outdoors Activities Florida is well known as a state full with recreational opportunities, and the inhabitants like to keep themselves very fit. Though swimming, surfing and snorkeling are especially common on the beach, there are other inland options as well. McCarthy's Wildlife Sanctuary is home to tigers, lions, snakes and birds of all shapes and sizes. The Grassy Waters Nature Preserve offers canoeing and bird watching. Finally, the National Croquet Center presents a very civilized sport for guests who enjoy smacking some croquet balls around a field.
Arts and Culture West Palm Beach also has plenty of fascinating cultural experiences to discover. The Ann Norton Sculpture Gardens not only has sculptures but also artwork, gardens and a lovely house on the grounds. The Raymond F. Kravis Center for the Performing Arts hosts stunning dance, theater and musical performances, and it resides within a gorgeous glass walled building replete with glowing fountains. The SunFest, an annual art and music festival located on the waterfront, sees over 275,000 people each year and features famous singers and bands like Cyndi Lauper.
Neighborhoods There are at least 12 historic neighborhoods in West Palm Beach, each with striking architecture, unique elements and charming qualities. Some have new developments while others have finished building and occasionally sell off units as residents move out. The latter category can mean long waits for property and high interest from buyers.