Rent to own Homes in Attleboro, MA
Better state values. The median value of a home in Attleboro is $241,400, which is far lower than the Massachusetts median, which runs $314,700. These numbers represent the estimated price of all residences in the area, including those for sale, not on the market, and rent to own.
Attleboro, MA is a great place for affordable rent-to-own homes! With a median household income of over $77,107 and a median rent of $1,125, the Attleboro, MA 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 Attleboro, MA. 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 Attleboro, MA Property Resources
Rent to own Homes in Cities Near Attleboro, MA
- Assonet
- Attleboro
- Attleboro Falls
- Barrington
- Bellingham
- Bristol
- Central Falls
- Chepachet
- Clayville
- Cranston
- Cumberland
- Cumberland Hill
- Dighton
- East Douglas
- East Providence
- Fall River
- Foster Center
- Foxboro
- Foxborough
- Franklin
- Greene
- Greenville
- Harrisville
- Hopedale
- Hopkinton
- Mansfield Center
- Medfield
- Middletown
- Milford
- Millis
- Millis-Clicquot
- Millville
- Norfolk
- North Attleborough Town
- North Westport
- Norton
- Norton Center
- Oakland
- Raynham Center
- Seekonk
- Sharon
- Somerset
- South Walpole
- Stoughton
- Swansea
- Taunton
- Walpole
- Whitinsville
- Woonsocket
- Wrentham
Neighborhoods in Attleboro, MA
Lonicut rent to own homes Camp Herbron rent to own homes Attleboro City rent to own homes South Attleboro Village rent to own homes Briggs Corner rent to own homes City Center rent to own homes East Side Attleboro rent to own homes Attleboro rent to own homes North Attleboro City rent to own homes Downtown Attleboro rent to own homesPopular Zip Codes in Attleboro, MA
02703 rent to own homesBuying a Home in Attleboro, MA
Attleboro, MA is seeing rapid growth and Attleboro, MA's' housing market remains not optimal with an average home price that is 44% above the 2024 national average. Attleboro, MA is part of Bristol 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 Bristol is 0.9% which is below the national average, which is 0.99%.
Median Home Price in Attleboro, MA
Median Rent in Attleboro, MA
Top 9 Reasons to Live in Attleboro
Appreciating art. The Attleboro Arts Museum exhibits works from both well known professionals and emerging locals in the "visual, performing and language arts." In its commitment to educate the public, it also sponsors several classes in painting, ceramics, and other visual arts for children to adults.
Upward trend. After reaching a low in early 2012, Attleboro real estate values continue their trend upward, reaching 5.7% in the past year. The rise should continue next year to a predicted increase of 2.4%.
Eating local. Not only is the Colonel Blackinton Inn a bed and breakfast with one of a kind rooms, it's also a highly rated restaurant that serves a 32 ounce prime rib and a baked stuffed lobster weighing almost three pounds. On the opposite end of the decor and atmosphere scale, Tex Barry's Coney Island Diner is a local landmark that serves deliciously greasy hot dogs. To get back on the nutrition wagon, shop for fresh produce at the Attleboro Famers Market, held on Saturdays from June to October.
Waiting for the best buy. About 39.2% of Attleboro listings receive a price cut with 57.6% eventually selling for below the original. Waiting to buy in the city pays off slightly better than in Massachusetts, where 32% of listings go down and 49.5% sell for under the original.
Learning about work. For a history of the city's industrial past, check out the Attleboro Area Industrial Museum, where you'll find machinery, artifacts, photos, and documents. The Women at Work Museum explores how women have served in business, government, education, science, and culture.
Lower rents. After peaking to near $1,400 per month, rents in Attleboro have dropped to a median $1,000. This gives you more leverage in negotiating the terms of a rent to own home. (In metropolitan Providence, the median rent is $1,170.)
Highlighting history. The Attleboro Historical Commission identifies, preserves, and protects the city's past, which dates back to 1634. Among the 47 properties that it describes in the Historical Site Guide are the Capron House, built in 1740; Hillside Cemetery, final resting place of many city notables; and the Hebronville Mill Historic District, which includes a riverside cotton mill from 1816.
Going below list. The median list price in Attleboro is $229,900. However, the median sale price is slightly lower at $227,700. Ask a local real estate agent if any properties consist of a rent to own house.