Rent to own Homes in Chalmette, LA
Sandwiched between the Mississippi River, Lake Borgne and the Industrial Canal, Chalmette is essentially a suburb of New Orleans, Louisiana. However, residents are proud of their community and like to proclaim their individuality. The seat of St. Bernard Parish - Louisiana has parishes, not counties - Chalmette has 16,751 residents, most of whom commute to New Orleans each day because the big city is so close.
Chalmette, LA is a great place for affordable rent-to-own homes! With a median household income of over $47,337 and a median rent of $961, the Chalmette, LA 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 Chalmette, LA. 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 Chalmette, LA Property Resources
Rent to own Homes in Cities Near Chalmette, LA
- Ama
- Arabi
- Avondale
- Barataria
- Bayou Gauche
- Belle Chasse
- Boutte
- Braithwaite
- Bridge City
- Chalmette
- Delacroix
- Des Allemands
- Destrehan
- Elmwood
- Estelle
- Gheens
- Gretna
- Hahnville
- Harahan
- Harvey
- Jean Lafitte
- Jefferson
- Kenner
- Lacombe
- Lafitte
- Laplace
- La Place
- Luling
- Marrero
- Meraux
- Metairie
- New Orleans
- New Orleans Station
- New Sarpy
- Norco
- Paradis
- Poydras
- River Ridge
- Saint Bernard
- St. Rose
- Taft
- Terrytown
- Timberlane
- Violet
- Waggaman
- Westwego
- Woodmere
Neighborhoods in Chalmette, LA
Andrew Jackson rent to own homes Versailles rent to own homes Faust rent to own homes Chalmette rent to own homesMedian Home Price in Chalmette, LA
Median Rent in Chalmette, LA
Top 4 Reasons to Live in Chalmette, LA
Strong rental market! More homes are rented than owned in Chalmette. Compared to the national average of 30.19 percent of homes rented, Chalmette averages 32.63 percent of homes rented, rent to own houses included. While Chalmette doesn't have many apartment complexes - most of them are centered around major north-south thoroughfare Paris Road - there are plenty of rental homes throughout the community. On the downriver side of Chalmette, Meraux is a good neighborhood to find smaller units.
Low property taxes, and high appreciation! Chalmette has seen a strong 25 percent growth in home appreciation values over the last 10 years. Plus, homes, including rent to own homes, have low property tax rates when compared nationally. While the national property-tax rate is $12.07, Chalmette boasts a low $4.32 tax rate. This low rate might have something to do with why Chalmette consistently ranks high in resident-satisfaction surveys. This less-stressful way of life allows residents to enjoy local treasures like the Chalmette Battlefield, the site of the 1815 Battle of New Orleans, located in the much-larger Jean Lafitte National Historic Park and Preserve.
Recovering from Hurricane Katrina! Yes, most of the community did flood during the levee breaches following Hurricane Katrina in 2005, but the rebuilding effort has been strong. New businesses - including the new St. Bernard Parish Hospital - and new apartments are popping up throughout Chalmette. The town of Chalmette didn't miss a beat and Mardi Gras was celebrated in February 2006 with the rolling of the Knights of Nemesis parade down Judge Perez Drive.
Close to New Orleans, but plenty of local happenings, too! With New Orleans just three miles away, residents find plenty of reasons to venture into the Big Easy. With the French Quarter and the live music of Frenchmen Street so close, who can blame them? For entertainment and good food close to home, however, Chalmette has options galore. Popular places like Beignets & More, Rocky & Carlo's and Desi Romano's Sports Bar keep residents well-fed.