Rent to own Homes in Gretna, LA
Gretna, the second-largest city in Jefferson Parish, Louisiana, is located on the west bank of the Mississippi River, just across the river from New Orleans. The town is separated from the Big Easy by the Crescent City Connection Bridge. The town, which had a population of 17,736 in 2010, began as a station for the Texas and Pacific Railway, Missouri Pacific Railroad and Southern Pacific Railroad.
Gretna, LA is a great place for affordable rent-to-own homes! With a median household income of over $41,409 and a median rent of $909, the Gretna, 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 Gretna, 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 Gretna, LA Property Resources
Rent to own Homes in Cities Near Gretna, 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 Gretna, LA
Bellevue Gardens rent to own homes Timberlane Country Club rent to own homes Gretna Gardens rent to own homes Gretna Park Apartment Homes rent to own homes Mary Ann Place rent to own homes Nelson Terrace rent to own homes Park Village rent to own homes Westlawn rent to own homes Holmes Place rent to own homes Hero Claire rent to own homesMedian Home Price in Gretna, LA
Median Rent in Gretna, LA
Top 6 Reasons to Live in Gretna, LA
Home appreciation is on the rise! Homes in Gretna have risen at a rate of 26 percent, which is much higher than the national average of 12 percent. Purchasing a home or rent to own house now is ideal, since median home prices of $135,800 are still below the national average of $170,100. Homes in the Shadow Lake neighborhood put residents close to Stonebridge Golf Course and Wall and Manhattan Boulevards.
Strong rental market! Nationally, 30 percent of homes are rented, but rental units account for a robust 45 percent of housing units in Gretna. Good communities offering rental homes include Parkplace near Plantation Golf Course and Lakewood Golf Club.
Immortalized on celluloid and in print! Portions of several movies have been filmed in Gretna, including parts of the John Travolta film, A Love Song for Bobby Long, and the Halle Berry-helmed Monster's Ball. Jack Kerouac mentioned Gretna in his seminal On the Road tome.
West Bank is the best bank! Ask most residents of Gretna, Harvey and Algiers and other West Bank communities what makes their communities so great, and they'll cite the tight-knit communities, lack of traffic and room to spread out, which are all things the more congested New Orleans lacks at times. Gretna offers a variety of entertainment options, including Boomtown Casino, and restaurants, such as Saffron Nola and O'Brien's Grill.
Abundance of festivals! Calling itself "the Small Town with a Big Heart", Gretna hosts several popular annual festivals, such as the Gretna Heritage Festival every October. What started as a small local celebration has grown into an event frequented by thousands of people each year. Other festivals include a weekly Farmer's Market at the city hall and the town's annual Relay for Life race.
A city with a history! Founded in the 1800s, Gretna has several historic sites and historic districts with rent to own homes. The Gretna City Hall was built in the Georgian style, while several homes of different styles are found in the historic districts of McDonoghville and Mechanikham, which is also a National Historic District.