Rent to own Homes in Thomasville, GA
Founded in 1826, Thomasville is the perfect blend of old and new. From the beautiful rolling hills to Fortune 500 companies, Thomasville is the best of both worlds. Historic downtown features original buildings from the 1800s, but the modern shops and dining options they contain prove that they're definitely not stuck in the past. Named one of the top 12 places to visit by the National Trust for Historic Preservation, there is a reason the city's 18,000 residents have chosen to call it home.
Thomasville, GA is a great place for affordable rent-to-own homes! With a median household income of over $38,040 and a median rent of $905, the Thomasville, 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 Thomasville, 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 Thomasville, GA Property Resources
Rent to own Homes in Cities Near Thomasville, GA
Neighborhoods in Thomasville, GA
No neighborhoods foundPopular Zip Codes in Thomasville, GA
31799 rent to own homesBuying a Home in Thomasville, GA
Thomasville, GA is seeing rapid growth and Thomasville, GA's' housing market remains optimal with an average home price that is -25% below the 2024 national average. Thomasville, GA is part of Thomas 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 Thomas is 0.68% which is below the national average, which is 0.99%.
Median Home Price in Thomasville, GA
Median Rent in Thomasville, GA
5 Reasons to Live in Thomasville, GA
Stop and smell the roses! Deemed the City of Roses, Thomasville maintains over 500 rose bushes and holds an annual festival to celebrate its flowers. The Rose Show Festival features parades, a beauty pageant and outdoor market every spring. Places like Thomasville Rose Garden and Cherokee Lane Park allow residents to see beautiful roses year round.
Spend time outside! Birdsong Nature Center is a living museum featuring a Butterfly Garden, Bird Window and 12 miles of trails winding through swamps, forests and ponds. Places like Big Oak and Macintyre Parks are perfect for a leisurely stroll or a fun day outside. Residents also enjoy golfing at Country Oaks and venturing out for some of the best quail hunting in the United States.
High vacancy rates make for lower prices! The vacancy rate in Thomasville is at 15 percent, meaning there are a lot of homes available for potential buyers. High vacancy rates also mean lower mortgage prices, creating a buyer's market. Those looking to purchase a property will find especially good deals where vacancy rates are highest in the Pasco and City Center neighborhoods.
History and education! Thomasville abounds with a number of museums, plantations and Victorian style buildings that pay homage to the town's interesting history. The historic downtown features many of the original buildings and locations like Pebble Hill Plantation and the Lapham Patterson House are perfect for experiencing what it was like in the 1800s. For unique exhibits, residents can check out the Jack Hadley Black History Museum or the Power of the Past Museum.
Low rent! Nearly 50 percent of the homes in Thomasville are occupied by renters and it's no wonder with an average rental price of $800 a month. Future residents will find that rent to own properties are an especially good option, particularly in the neighborhoods of Thomas U and Springhill Road, where rental home prices are significantly lower than the rest of the city.