Rent to own Homes in Waltham, MA
Property values on the rise! Waltham is a Boston suburb that enjoys a very healthy real estate market, with median sale prices up a very respectable 22.3%. Finding rent to own homes in highly desirable neighborhoods like Piety Corner and Lakeview might be challenging but worth the effort.
Waltham, MA is a great place for affordable rent-to-own homes! With a median household income of over $95,851 and a median rent of $1,774, the Waltham, 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 Waltham, 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 Waltham, MA Property Resources
Rent to own Homes in Cities Near Waltham, MA
- Andover
- Arlington
- Attleboro
- Avon
- Ayer
- Bedford
- Belmont
- Bolton
- Boxborough
- Braintree
- Braintree Town
- Brockton
- Burlington
- Carlisle
- Chelsea
- Everett
- Foxborough
- Holbrook
- Hudson
- Lancaster
- Lawrence
- Lincoln
- Lynn
- Lynnfield
- Malden
- Maynard
- Medford
- Melrose
- Methuen Town
- Middleton
- North Chelmsford
- North Reading
- Peabody
- Pelham
- Randolph
- Reading
- Revere
- Saugus
- Sharon
- Somerville
- South Boston
- Stoneham
- Tewksbury
- Tyngsboro
- Wakefield
- West Concord
- Westford
- Wilmington
- Winchester
- Woburn
Neighborhoods in Waltham, MA
South Side rent to own homes Chemistry rent to own homes North Waltham rent to own homes Bentley College rent to own homes Warrendale rent to own homes Bleachery rent to own homes Angleside rent to own homes Brandeis rent to own homes Cedar Woods rent to own homes Bank Square rent to own homesPopular Zip Codes in Waltham, MA
02454 rent to own homes 02451 rent to own homes 02453 rent to own homes 02452 rent to own homesBuying a Home in Waltham, MA
Waltham, MA is seeing rapid growth and Waltham, MA's' housing market remains not optimal with an average home price that is 164% above the 2024 national average. Waltham, 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 Waltham, MA
Median Rent in Waltham, MA
Top 14 Reasons to Live in Waltham
Learn a brief history of time! Waltham, also known as 'The Watch City', was once home to the famous Waltham Watch Factory. The original building has now been converted to loft apartments, but it is still worth a look as an interesting architectural feature. Be sure to pair your visit to the factory with one to the Lyman Estate, home to specimen trees, a brick peach wall and 19th century garden.
Take the time to find the right home! Waltham has limited housing inventory, only around 70 properties at any given time, so it might take a while to find the right home for you. Be prepared to shop for a while when searching for rent to own options in the Bleachery or Bank Square.
Enjoy the nightlife! Waltham has an active nightlife with several local hot spots including The Mad Raven, which hosts a number of live bands. Joe Sent Me is a tongue-in-cheek eatery -- the name references the Prohibition, in case you missed that joke. Of course, there is no abstention required in this local watering hole!
Move fast to close on your dream home! It might take a while before the right listing pops up, but when it does be prepared to close quickly. Homes don't sit long in the Waltham market -- they have a median listing time of only two weeks. Rent to own houses tend to go even quicker, so visit homes in Warrendale and North Waltham with this in mind.
Shop 'til you drop! Waltham is home to several great shopping meccas, including the Arsenal Project. Located just outside of Boston, the Arsenal Project brings outlet shopping to the city. The Mall at Chestnut Hill offers high-end retail shops like Bloomingdales.
Enjoy this renter's haven! More than half of all homes in Waltham are in apartment complexes. Some are small low-rise buildings and others are high-rise condos with a beautiful city view. Take a tour of some of the available units at The Ridge Luxury Apartments or Charlesbank Garden Apartments.
Taste the farm! Located on famous Moody Street, the Waltham Farmers Market runs from June to November in the Sovereign Bank parking lot. Fresh produce and local crafts crowd Restaurant Row on Saturday mornings. Be sure to glance at the schedule to catch a live performance on select Saturdays.
Own a piece of history! As one of America's oldest areas, Waltham is full of historic homes with charming old world accents. Almost 40% of the homes in Waltham were built prior to 1939, although many have since been updated. Find the perfect combination of old style and new innovation in a home in Bentley College or on the South Side.
Nosh and nibbles! Solea Restaurant and Tapas Bar makes a great place to meet up with friends and enjoy the ambiance of Restaurant Row. For a more traditional dining experience try Tree Top Thai Cuisine. They display works from local artists along with a solid menu of Thai favorites.
Invest in luxury living! In addition to numerous homes priced to sell at around $400,000, which is the median property value, there are also luxury options like those found on Rogers Way or on Crescent Street, some with eight bedrooms or more.
Explore music and U.S. history! History buffs can explore the home of politician Christopher Gore at Gore Place. Music buffs can stand in the same spot as the legendary band, Aerosmith at A. Wherehouse. This was their practice site in the '70s and '80s.
Reasonable rents! With property values approaching half a million dollars, renting may be the way to go for those looking for a more modest home. The median rent is approximately $1,300. Check out the Watch Factory Lofts or Charles Bank Estates to tour available units.
Indoor and outdoor sports! Basketball fans will love living in the same city as The Sports Authority Training Center, the official practice facility of the Boston Celtics. Trails along the Charles River and plenty of opportunity for water sports make Waltham a great place for all types of sports enthusiasts.