Rent to own Homes in Milton, MA
Renowned for its history and proximity to Boston, Milton is an ideal place to live. Ranking in the top 8 of "Money Magazine's Best Places to Live in the US" three times over the past 7 years, Milton is a highlight of the Greater Boston area. With 13.3 square miles and a population of just over 27,000, Milton stands out with natural beauty and a strong quality of life.
Milton, MA is a great place for affordable rent-to-own homes! With a median household income of over $141,050 and a median rent of $1,239, the Milton, 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 Milton, 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 Milton, MA Property Resources
Rent to own Homes in Cities Near Milton, MA
- Abington
- Andover
- Arlington
- Avon
- Bedford
- Belmont
- Beverly
- Boxford
- Braintree Town
- Bridgewater
- Brockton
- Burlington
- Carlisle
- Chelsea
- East Bridgewater
- East Weymouth
- Everett
- Halifax
- Hanson
- Hingham
- Holbrook
- Hull
- Lincoln
- Lynn
- Lynnfield
- Malden
- Marblehead
- Marshfield Hills
- Medford
- Melrose
- Middleton
- Nahant
- North Pembroke
- North Reading
- North Scituate
- Peabody
- Reading
- Revere
- Saugus
- Somerville
- Southfield
- Stoneham
- Swampscott
- Tewksbury
- Topsfield
- Wakefield
- West Concord
- Wilmington
- Winchester
- Woburn
Neighborhoods in Milton, MA
Columbine Cliffs rent to own homes Milton Hill rent to own homes Hillside Street rent to own homes Brush Hill rent to own homes Milton rent to own homes Milton Center rent to own homesPopular Zip Codes in Milton, MA
02186 rent to own homesBuying a Home in Milton, MA
Milton, MA is seeing rapid growth and Milton, MA's' housing market remains not optimal with an average home price that is 200% above the 2024 national average. Milton, MA is part of Norfolk 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 Norfolk is 1.02% which is above the national average, which is 0.99%.
Median Home Price in Milton, MA
Median Rent in Milton, MA
6 Reasons Why Milton, MA is a Great Place To Live
Rich History! First settled in 1640, Milton has 27 sites on the National Register of Historic Places, including Governor Hutchinson's Field and the Granite Railway. Milton held a major place in American history, including ties to the Revolutionary and Civil Wars. It is also the birthplace of former president George H.W. Bush, as well as home to the nation's first piano factory and to New England's first chocolate factory.
Strong Home Value! The median home value in Milton is $516,000, with the value increasing by 0.9% over the past year. There are many properties to choose from in order to find the perfect neighborhood in Milton, Milton Center, or East Milton for a rent to own home.
Quick Trip to Boston! Located less than 10 miles from downtown Boston, it is easy to take part in all that the city has to offer thanks to easy access from Interstates 93 & 95 and Route 128. Milton also has 4 convenient stops on the MBTA's Red Line extension.
Great Food Options: Stay in town to enjoy some delicious restaurants in Milton, including Steel & Rye, Newcomb Farms Restaurant, and Abbey Park. There is something for everyone to enjoy!
Hiker's Paradise! In Milton, proximity to the city does not mean sacrificing green space. In fact, Milton has the most conserved land of any town within a 20 mile radius of Boston. People flock to the Blue Hills Reservation, home to the Blue Hill Meteorological Observatory, which lays claim to the oldest weather records in the country, for scenic hiking and gorgeous views.
Good Options for Renters! With an average price per square foot of $302 that has seen a recent increase of over 16%, rental homes are a great option with median rent price coming in at $2,300. No matter where you look in this town, scenically nestled in between the Blue Hills and the Neponset River, you will find what you are looking for.