Rent to own Homes in Statesboro, GA
The city of Statesboro is located in Georgia's Bulloch County. The town was founded in 1803 as a mainly agricultural community and today the city has a population of about 30,000. It was immortalized in the 1920s song "Statesboro Blues" by Blind Willie McTell, which was recorded by artists including The Allman Brothers Band. Statesboro's picturesque downtown area has been featured in films including, "Now and Then."
Statesboro, GA is a great place for affordable rent-to-own homes! With a median household income of over $32,790 and a median rent of $776, the Statesboro, 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 Statesboro, 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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Neighborhoods in Statesboro, GA
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Statesboro, GA is seeing rapid growth and Statesboro, GA's' housing market remains optimal with an average home price that is -47% below the 2024 national average. Statesboro, GA is part of Bulloch 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 Bulloch is 0.66% which is below the national average, which is 0.99%.
Median Home Price in Statesboro, GA
Median Rent in Statesboro, GA
Top 5 Reasons to Live in Statesboro, GA
Proximity to Georgia Southern University! The Colleges around Satesboro don't just benefit students; all the members of the community can enjoy watching the Eagles play at Paulson Stadium or attend performances at the Center for Art and Theater. The university also offers Continuing Education courses to the public on personal development topics like Digital Photography and Microsoft office leading to an educated population.
Enjoy great local nightlife! If you're in the mood for some culture, Averitt Center for the Arts presents a wide range of plays, dance performances and concerts. For great food you could stop by one of the many local eateries like South and Vine Public House; local bars include Gatas Sports Bar.
Low housing costs! According to 2012 data, the value of houses in Statesboro is well below the State median value which means this is the perfect time to find a bargain on your perfect house. The Jimps/Georgia Southern U neighborhood is on the pricier end of the local housing market with a median price of just over $140,000. The Old River Rd N / U.S. Route 301 area is one of the most affordable neighborhoods with a median home price of around $113,000.
Good transportation infrastructure! Statesboro is served by Interstate 16, US 301, US 25 and US 80. Two Bypass roads run around the town, which can be a life saver when you're in a hurry. Public transport options include Coastal Regional Coaches and GSU's Transit Service. If you want to travel further afield Savannah/Hilton Head International Airport is located just 45 miles away.
Variety of housing available! Recently built condos are available just off Highway 67 at the Chatham Place subdivision. Three bed single family homes are common in Statesboro and you can find them in subdivisions like Timberland Point and Hunters Landing. Rent to own options are available in many Statesboro subdivisions.