Rent to own Homes in West Park, FL
Created in March 2005, West Park is still a new community with a growing population of 14,156 residents. Just minutes from downtown Miami and in the desirable Broward County, West Park is popular with people who want to be close to the action and entertainment of the city, but far enough way to enjoy the perks of suburban life.
West Park, FL is a great place for affordable rent-to-own homes! With a median household income of over $47,755 and a median rent of $1,434, the West Park, 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 Park, 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 Park, FL Property Resources
Rent to own Homes in Cities Near West Park, FL
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- Bay Harbor Islands
- Biscayne Park
- Boca Raton
- Boulevard Gardens
- Broadview Park
- Brownsville
- Coconut Creek
- Cooper City
- Coral Gables
- Coral Springs
- Coral Terrace
- Country Club
- Dania Beach
- Davie
- Deerfield Beach
- Kendale Lakes
- Lauderdale-by-the-Sea
- Lauderdale Lakes
- Lauderhill
- Lighthouse Point
- Margate
- Miami Gardens
- Miami Lakes
- Miami Shores
- North Lauderdale
- North Miami Beach
- Oakland Park
- Ojus
- Opa-locka
- Palm Springs North
- Pembroke Park
- Pembroke Pines
- Pinewood
- Plantation
- Roosevelt Gardens
- Sea Ranch Lakes
- Southwest Ranches
- Sunset
- Surfside
- Sweetwater
- Tamarac
- Tamiami
- Virginia Gardens
- Washington Park
- Watergate
- West Little River
- Weston
- West Park
Neighborhoods in West Park, FL
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No zip codes foundBuying a Home in West Park, FL
West Park, FL is seeing rapid growth and West Park, FL's' housing market remains optimal with an average home price that is -11% below the 2024 national average. West Park, FL is part of Broward 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 Broward is 1.08% which is above the national average, which is 0.99%.
Median Home Price in West Park, FL
Median Rent in West Park, FL
Top 5 Reasons to Live in West Park, FL
Take advantage of the beautiful weather! With year-round temperatures around 80 degrees and sunny weather nearly every day, it is not surprising that residents of West Park like to be outdoors. Head to West Lake Park in the southeastern corner of the city for three miles of protected land featuring marshy swamps and great plant life. Afterwards, go to McTyre Park to perfect your serve at one of the three tennis courts or play a game of 3-on-3 at the basketball courts.
Capital improvement plans! In order to add to the quality of life in West Park, the city is embarking on a number of projects including new bike lanes and larger sidewalks on SW 56th Avenue and a large bus shelter that features covered seating, vending machines, and multiple benches. Traffic improvements are also planned for the Carver Ranches neighborhood.
Travel to the islands! Act like you are vacationing in the Bahamas with delicious meals at Lynn's Bahamian Kitchen. Tasty meals like the cracked conch, guava duff, and fried plantains will leave you begging for more. For more delicious dining, check out La Cocina Puertorriquena for authentic Puerto Rican dishes in a festive atmosphere complete with live music on Saturday nights.
Home values have never been higher! The real estate market in West Park has never been hotter with the median home value having risen 17.1 percent in a year to $152,100. With real estate values through the roof, buyers can purchase a property with almost instant equity. Plus, Zillow predicts that the figure will continue to rise 2.8 percent in 2015. Look to a neighborhood like Clifton Road or the City Center for the best deals on rent to own homes.
Rent at an affordable price! Compared to the rest of Florida where the median rent is $1,450, you can secure a great deal on a beautiful rental house for around $1,300 in West Park. The neighborhood of Lake Forest and areas around the Carver Ranches Recreation Center offer the most for your money.