Rent to own Homes in Terrytown, LA
A suburb of New Orleans, Terrytown is situated along the West Bank of the Mississippi River and is home to nearly 25,000. The town got its name in 1960 when real estate investor Paul Kapelow named it after his daughter Terry. Since then, Terrytown has been a location rich in history, real estate development, and a haven for those looking for a suburban area with a lot of outdoor space.
Terrytown, LA is a great place for affordable rent-to-own homes! With a median household income of over $51,048 and a median rent of $973, the Terrytown, 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 Terrytown, 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 Terrytown, LA Property Resources
Rent to own Homes in Cities Near Terrytown, 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
Popular Zip Codes in Terrytown, LA
70056 rent to own homesMedian Home Price in Terrytown, LA
Median Rent in Terrytown, LA
Top 6 Reasons to Live in Terrytown
Experience great shopping! The nearby Oakwood Center is a popular destination for area shoppers, with dozens of stores including many department store options. The Westside South Shopping Center includes well known stores including The Home Depot.
Access to New Orleans! Just minutes away is downtown New Orleans, where residents can spend an evening or a weekend enjoying the city's mix of shopping, dining, and entertainment. Jackson Square in the French Quarter was designated as one of America's great public spaces. St. Louis Cathedral is also a popular destination, which overlooks Jackson Square.
Enjoy fine restaurants! There are many options for great dining in Terrytown. El Mesquite Grill and Restaurant offers a menu of Mexican favorites. Banana Blossom Thai Cafe serves popular Thai dishes including a selection of curries, noodle options, and appetizers.
Rising real estate values! Home values are increasing, making purchasing a house a great investment. There are also many buying options including rent to own. Owning property in Terrytown also means easy access to some of the area's best farmers markets. Gretna Farmers Market offers a large selection of fresh produce, along with live music. Crescent City Farmers Market is open multiple days each week and often includes book signings and food trucks.
Access to entertainment! There are numerous entertainment options including AMC Westbank Palace 16, a theater offering the latest blockbusters. With 16 screens, there are options for everyone. The Theaters at Canal Place includes movies, as well as a cafe and bar. Visitors have a choice between the latest movies or classics and foreign films.
Rising homeownership rates! Rates of homeownership are increasing, which signals a strong real estate market, making buying in Terrytown more appealing. Outdoor opportunities are also alluring, as area has many options for hiking and exploring the outdoors. Tammany Trace is a 27-mile long paved trail for hiking and cycling, which also includes many parks along the trail. Nearby Fountainebleau State Park includes a 4.3 mile trail for those looking to explore the area's wetlands.