Rent to own Homes in Rome, GA
Nestled in the Appalachian Mountains, Rome is the largest city in Floyd County with a population of 36,303. Because of its proximity to nearby cities in Floyd County, Rome serves as the hub of healthcare, economy and social life in the region. Rome also boasts numerous historic homes and businesses with many having been listed on the National Registry of Historic Buildings.
Rome, GA is a great place for affordable rent-to-own homes! With a median household income of over $38,987 and a median rent of $752, the Rome, 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 Rome, 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 Rome, GA Property Resources
Rent to own Homes in Cities Near Rome, GA
Neighborhoods in Rome, GA
College Heights rent to own homes Downtown Rome rent to own homes East Rome rent to own homes Between The Rivers rent to own homes Oakdene rent to own homes Avenue A rent to own homes Mount Aventine rent to own homes Central South Rome rent to own homes Blacks Bluff rent to own homes Coosa Country Club rent to own homesPopular Zip Codes in Rome, GA
30161 rent to own homesBuying a Home in Rome, GA
Rome, GA is seeing rapid growth and Rome, GA's' housing market remains optimal with an average home price that is -27% below the 2024 national average. Rome, GA is part of Floyd 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 Floyd is 0.78% which is below the national average, which is 0.99%.
Median Home Price in Rome, GA
Median Rent in Rome, GA
Top 6 Reasons to Live in Rome, GA
Historic places that are part of the national heritage! The city of Rome is home to extraordinary national heritage! The following places are registered as national historic places, Chieftains, Joseph Ford House, Myrtle Hill Cemetery and Rome Clock Tower.
Growth on home value! Rome is experiencing a 2.1% rise in home values this year, with a median home value of $102,100, and is expected to continue increasing at a similar rate in 2015. As a result of the increasing home values, buyers are able to receive instant equity when they purchase a property. The best deals can be had in neighborhoods like Silver Creek and Lindale.
Learn about local arts and culture! Take a step back in time to learn about the early history of the city with a visit to the Rome Area History Museum. For a walk through nature, head to the Oak Hill & the Martha Berry Museum.
Center for sports! Rome, Georgia is a home for sports and hosts numerous adventurous events. Not only does it have a minor league baseball team - the Rome Braves, but the city also has six golf courses like the challenging 18-hole, par 70 Stonebridge Golf Club.
Low taxation on real estate! Rome is amazingly attractive to investors because of its low taxation on real estate - about 10% less than other states! Neighborhoods like Glenwood and Shannon represent the best values for home buyers.
Delicious local cuisine! Start your culinary tour of the city with an early morning visit to Swift and Finch Coffee for a fresh baked muffin and a steaming cup of coffee. As you explore, have lunch at the Mellow Mushroom and be sure to try one of their delicious pizzas. Craving something sweet? Make a beeline straight for the Honey Moon Bakery for delicious pies, cookies, ice cream and more!