Rent to own Homes in Forest Park, GA
The 18,000 people that make up Forest Park are incredibly lucky. They are close enough to Atlanta to enjoy the benefits of the city, but far enough to carve out their own identity as part of Clayton County. In this more rural, close-knit community, residents can enjoy nature in places like the International Park with its six-acre lake..
Forest Park, GA is a great place for affordable rent-to-own homes! With a median household income of over $35,585 and a median rent of $863, the Forest Park, GA 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 Forest Park, GA. 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 Forest Park, GA Property Resources
Rent to own Homes in Cities Near Forest Park, GA
- Atlanta
- Austell
- Avondale Estates
- Belvedere Park
- Berkeley Lake
- Bonanza
- Candler-McAfee
- Chamblee
- Clarkston
- Decatur
- Doraville
- Douglasville
- Duluth
- Dunwoody
- Ellenwood
- Fair Oaks
- Gresham Park
- Griffin
- Hampton
- Hapeville
- Heron Bay
- Johns Creek
- Lake City
- Lilburn
- Lithonia
- Locust Grove
- Lovejoy
- Mableton
- McDonough
- North Atlanta
- North Decatur
- North Druid Hills
- Palmetto
- Panthersville
- Peachtree City
- Peachtree Corners
- Pine Lake
- Redan
- Riverdale
- Roswell
- Sandy Springs
- Scottdale
- Smyrna
- Stockbridge
- Stone Mountain
- Sunny Side
- Tucker
- Union City
- Vinings
- Woolsey
Neighborhoods in Forest Park, GA
Forest Park rent to own homesBuying a Home in Forest Park, GA
Forest Park, GA is seeing rapid growth and Forest Park, GA's' housing market remains optimal with an average home price that is -65% below the 2024 national average. Forest Park, GA is part of Clayton 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 Clayton is 0.88% which is below the national average, which is 0.99%.
Median Home Price in Forest Park, GA
Median Rent in Forest Park, GA
Top 4 Reasons to Live in Forest Park, Georgia
A great place for commuters! It is easy for Forest Park residents to commute to Atlanta, which is only 11 miles away. In the near future it will get even easier, as Clayton County is linked Atlanta by Metropolitan Atlanta Transit Authority buses and trains. This will be in addition to the current regular bus service to Hartsfield-Jackson Atlanta airport and easy access to highways 75 and 285.
One of the world's up and coming business centers! Atlanta is a city on the rise. Coca Cola and 12 other Fortune 500 have their headquarters in the Atlanta city center. In addition, 50 countries are represented in the form of consulates. If one wants to take advantage of the business opportunities in the Atlanta but need to study more, they can enroll at the Clayton State University. Only three miles from Forest Park, in nearby Morrow, it boasts one of the best business colleges in the country.
A variety of properties! Many towns outside big cities tend to have only family homes, but Forest Park boasts not only family homes for sale, but apartments, studios, and high rises. There is something for everybody. Even those that have a regular job in Atlanta can afford to enjoy the benefits of both rural and city living. Nowadays that is rare. Check out communities such as Bradford Ridge Apartments, a part of JAMCO Properties.
Inexpensive house prices! Considering Forest Park is so close to Atlanta, the rental homes and homes for sale are very reasonable. Even Conley, the most expensive area in Forest Park, has a median house value of only $106,000. That is about 70 percent less expensive than other neighborhoods in the United States. In terms of house prices, the least expensive area is Ledgewood Drive, where the median house price is $65,000. The city center has the cheapest rent and rent to own properties at only $684,000.