Rent to own Homes in LaGrange, GA
LaGrange, Georgia is a relatively small town located right on the Georgia-Alabama line, however, it has a lot of history packed within its borders. Named for county estate of Marquis de La Fayette, LaGrange is home to the oldest private college in the state, and is close to West Point Lake, one of the most popular destinations for water sports and fishing. LaGrange is also home to the largest carpet tile manufacturer in the world.
LaGrange, GA is a great place for affordable rent-to-own homes! With a median household income of over $36,690 and a median rent of $854, the LaGrange, 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 LaGrange, 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.
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Rent to own Homes in Cities Near LaGrange, GA
Neighborhoods in LaGrange, GA
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30241 rent to own homesBuying a Home in LaGrange, GA
LaGrange, GA is seeing rapid growth and LaGrange, GA's' housing market remains optimal with an average home price that is -39% below the 2024 national average. LaGrange, GA is part of Troup 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 Troup is 0.87% which is below the national average, which is 0.99%.
Median Home Price in LaGrange, GA
Median Rent in LaGrange, GA
Top 5 Reasons to Live in LaGrange, GA
You're near a thriving art scene! Whether you prefer classic southern art or a more modernist style, you can find it here. The LaGrange Art Museum and the Lamar Dodd Art Center provide plenty of places for you to allow your inner artist to thrive. Paint scenes of the numerous pine trees in the area, or head over to the nearby Highland Marina Resort for beautiful vistas of the lake and the boats that populate it.
There's plenty of water sports! With West Point Lake so close to LaGrange, residents can often be found casting a line or hopping on a jet ski. There is free parking close by, and even if water sports aren't your thing, the beautiful views offered by the lake make it the perfect place to escape for a weekend picnic.
Beautiful historic homes! LaGrange is an old city with a homely feel, and it's absolutely full of homes that are more than 100 years old. If you're not ready to buy outright, look for rent to own homes while checking out the vintage manors and classic Victorian houses you'll find scattered throughout the city. Rent a car to do this at the local Enterprise or Budget located on Lafayette Parkway.
Home values are on the rise! LaGrange has seen an increase of nearly 30 percent in home values over the past year, and there are no indicators that it's going to stop. The area is growing in population as more and more people head south to enjoy the town's amenities, like the Cart Barn Grill and , so investing in a home now could yield great returns in the future.
Close to two major cities! While LaGrange itself is relatively quiet, it's only an hour away from both Columbus and Atlanta. Both cities are chock-full of attractions and entertainment options, and each has world-class shopping opportunities sure to please anyone. On those weekends when you feel the need to get out of the house, head to Columbus or Atlanta for a day of fun. Interstate 85 and 185 will take you to both cities in a very short time.