Rent to own Homes in Everett, MA
Close to Boston! Everett is very close to Boston. If you ever want the big city life without the big city cost of living, Everett is the place to go. Just ten minutes from Boston, and about an equal distance from the Boston-Log International Airport, Everett boasts a central location to many desirable locations.
Everett, MA is a great place for affordable rent-to-own homes! With a median household income of over $70,627 and a median rent of $1,587, the Everett, 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 Everett, 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 Everett, MA Property Resources
Rent to own Homes in Cities Near Everett, MA
- Abington
- Andover
- Arlington
- Avon
- Bedford
- Belmont
- Beverly
- Boxford
- Braintree Town
- Brockton
- Burlington
- Carlisle
- Chelsea
- East Bridgewater
- East Weymouth
- Everett
- Georgetown
- Hanson
- Hingham
- Holbrook
- Hull
- Lawrence
- Lincoln
- Lynn
- Lynnfield
- Malden
- Marblehead
- Medford
- Melrose
- Methuen Town
- Middleton
- Nahant
- North Reading
- North Scituate
- Peabody
- Reading
- Revere
- Saugus
- Somerville
- Southfield
- Stoneham
- Swampscott
- Tewksbury
- Topsfield
- Wakefield
- West Concord
- Westford
- Wilmington
- Winchester
- Woburn
Neighborhoods in Everett, MA
Downtown Everett rent to own homes Hendersonville rent to own homes West Everett rent to own homes Glendale rent to own homes Lower Mystic Basin rent to own homesPopular Zip Codes in Everett, MA
02149 rent to own homesBuying a Home in Everett, MA
Everett, MA is seeing rapid growth and Everett, MA's' housing market remains not optimal with an average home price that is 100% above the 2024 national average. Everett, MA is part of Middlesex 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 Middlesex is 1.04% which is above the national average, which is 0.99%.
Median Home Price in Everett, MA
Median Rent in Everett, MA
Top 8 Reasons to Live in Everett
Decent commute times! The average commute time for a resident of Everett is just 30 minutes or so. While this may be slightly higher than the US average, for a city placed so close to a major capitol, the times are not bad. The interstate highway provides easy access to Medford and Somerville.
Rising property values! The average home value in Everett has increased over the past years and is expected to continue rising. Investing in a home now is a wise choice; nearby cities such as Revere and Chelsea have comparable property values. If you find the cost too high, consider speaking with the seller about a rent to own option.
Affordable housing! Although the vast majority of the area has much more expensive homes, Everett is still reasonable, with the average home price half of that of Cambridge or Melrose. Even so, the homes are expensive, and rent to own houses are a popular choice in the area.
Low vacancy rate! The majority of homes in the Everett area are well taken care of, with a vacancy rate of just 6.49%. Because rent to own homes are so popular in the area, renters make up a larger portion of the population - at least until they've paid off their homes. This is comparable to Medford, where vacancies are around 5.14%, and Malden, with a rate of 5.91%.
Throbbing nightlife! After a hard day of work, if you want to get out on the town, Everett has plenty to offer. Go wild dancing at the Castillo Night Club, or for a more chilled out vibe, check out Divas Bar and Lounge.
Pristine cuisine! Everett is home to some unique eating establishments. Chat with travelers from all over the world at Backpackers Hostel & Pub, or head over to Nana's Pizzeria for some great pie.
Great for thrill seekers! Challenge your friends to a duel at Boston Paintball not far from Everett, or for the true adrenaline junkies among you, check out Sky Zone - diving out of a plane is not an activity you soon forget.