Rent to own Homes in Riverdale, GA
Located in Clayton County, Riverdale is a growing community with a 2010 population of over 15,000. According to AreaVibes, Riverdale is one of the best cities in Georgia because it offers great local amenities like the Amphitheatre and Community Center, which offers excellent fitness classes. Riverdale is home to three large parks that are all conveniently located within a mile of each other. For shopping, head to Gardenwalk Blvd and S.R. 85 for a great mix of large department of stores and locally owned businesses.
Riverdale, GA is a great place for affordable rent-to-own homes! With a median household income of over $55,972 and a median rent of $994, the Riverdale, 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 Riverdale, 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 Riverdale, GA Property Resources
Rent to own Homes in Cities Near Riverdale, GA
- Atlanta
- Austell
- Avondale Estates
- Belvedere Park
- Bonanza
- Brooks
- Candler-McAfee
- Chattahoochee Hills
- Clarkston
- Decatur
- Doraville
- Douglasville
- Ellenwood
- Fairburn
- Gresham Park
- Griffin
- Hampton
- Hapeville
- Haralson
- Heron Bay
- Lake City
- Lithia Springs
- Lithonia
- Locust Grove
- Lovejoy
- Mableton
- Marietta
- McDonough
- Newnan
- North Atlanta
- North Decatur
- North Druid Hills
- Palmetto
- Panthersville
- Peachtree City
- Pine Lake
- Redan
- Riverdale
- Scottdale
- Senoia
- Sharpsburg
- Smyrna
- Stockbridge
- Stone Mountain
- Sunny Side
- Tucker
- Turin
- Union City
- Vinings
- Woolsey
Neighborhoods in Riverdale, GA
Riverdale rent to own homesPopular Zip Codes in Riverdale, GA
30274 rent to own homesBuying a Home in Riverdale, GA
Riverdale, GA is seeing rapid growth and Riverdale, GA's' housing market remains optimal with an average home price that is -49% below the 2024 national average. Riverdale, 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 Riverdale, GA
Median Rent in Riverdale, GA
Top 5 Reasons to Live in Riverdale, GA
Awesome ways to get moving! Whether you are a fan of walking, hiking, biking or running, residents of Riverdale pride themselves on being among the fittest in the state. Head to the Riverdale Park for more than 20 miles of hiking trails, an outdoor running track and athletic fields for soccer, football and basketball. Held annually in November, the Riverdale 5K Run raises money for local charities and is one of the favorite events for local residents.
Great annual events! On the first Saturday of December, join hundreds of local residents at the Riverdale Town Center for the Annual Tree Lighting & Holiday Festival. Every year, the celebration includes live performances from nationally recognized recording artists, a visit from Santa and food from local restaurants. For Independence Day, Riverdale holds an elaborate BBQ, a fantastic firework display at night and carnival rides for kids.
Entertainment throughout the year! The 1500-seat Amphitheater was recently completed in 2010 and is the site of live concerts throughout the summer. When not in use, the amphitheater can be rented for corporate events, parties and weddings. The state-of-the-art Riverdale Community Center features a large dance studio with classes offered throughout the year at an attractive price.
Home values soaring to new heights! In just one year, the median home value in Riverdale has increased more than $15,000 or 22.3% to $66,800. Best of all, experts forecast that the rise in median value has no end in sight -- the figure is expected to grow nearly 8% in 2015. Look to a neighborhood like Chase Ridge Dr or Hampton Ct for the best value.
Rent at an affordable price! According to City Data, residents of Georgia who rent a home pay a median price of $1150; however, in Riverdale this figure drops to just $850. With more and more people looking at rent to own homes, the city of Riverdale offers an exceptional value in a community like Route 138 or the City Center.