Rent to own Homes in Winthrop Town, MA
Winthrop is a small town located at the entrance of Boston Harbor. Settled in 1630, the town was named for Puritan leader John Winthrop and is one of the oldest communities in the United States. Though it was originally part of Boston and later part of neighboring Chelsea, Winthrop finally became an incorporated town in 1852. Because Winthrop is surrounded on three sides by the waters of Massachusetts Bay, today's residents enjoy boating, fishing and visiting the local beaches.
Winthrop Town, MA is a great place for affordable rent-to-own homes! With a median household income of over $76,996 and a median rent of $1,578, the Winthrop Town, 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 Winthrop Town, 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 Winthrop Town, MA Property Resources
Rent to own Homes in Cities Near Winthrop Town, MA
- Abington
- Andover
- Arlington
- Avon
- Bedford
- Belmont
- Beverly
- Boxford
- Braintree Town
- Bridgewater
- Burlington
- Carlisle
- Chelsea
- East Bridgewater
- East Weymouth
- Everett
- Halifax
- Hanson
- Hingham
- Holbrook
- Hull
- Lawrence
- 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 Winthrop Town, MA
Winthrop Beach rent to own homes Whinthrop Highlands rent to own homes Point Shirley rent to own homes Cottage Park rent to own homes Cottage Hill rent to own homes Downtown Winthrop rent to own homes Court Park rent to own homesPopular Zip Codes in Winthrop Town, MA
02152 rent to own homesBuying a Home in Winthrop Town, MA
Winthrop Town, MA is seeing rapid growth and Winthrop Town, MA's' housing market remains not optimal with an average home price that is 112% above the 2024 national average. Winthrop Town, MA is part of Suffolk 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 Suffolk is 0.78% which is below the national average, which is 0.99%.
Median Home Price in Winthrop Town, MA
Median Rent in Winthrop Town, MA
Top 4 Reasons to Live in Winthrop, MA
Local restaurants to satisfy every craving! Though not even two square miles, the town of Winthrop offers many excellent dining options. For water views, check out Alia Ristorante, Cafe Rossetti's or Belle Isle Seafood. La Siesta serves up some of the best Mexican food in the Boston metro area and features strong margaritas and authentic mole. For meat lovers, Blackstrap BBQ offers a wide variety of barbecued meats with a side of their unique sweet potato salad.
Home values are on the rise! According to Zillow, the average home price in Winthrop is $367,500, up over nine percent over the previous year. High-end homes with clear views of the Boston skyline can be found in Cottage Park, while more affordable rent to own options and classic beach cottages are available along Winthrop Shore Drive.
Affordable rents and various options! The average monthly rent in Winthrop is just $1,500, which is far below the Boston metro average of $2,195. For a complex with a pool and an interesting military history, check out Fort Heath Apartments on Pond Street. Beach lovers will love the rental homes right on Winthrop Shore Drive, where you can choose a unique half of a duplex or a floor of a traditional Boston triple-decker. A more traditional apartment complex, Oceanside Apartments, is just steps from the town beach.
Check out the beach! In Winthrop, you're never more than a short walk from the ocean. Head to Winthrop Shore Drive to enjoy a low-key beach day right in town. For a day on the water, hire a boat at Revolution Charters or Strike Sportfishing Charters. Land lubbers may prefer hiking out to the Deer Island Harborwalk. Though once an island in Boston Harbor, Deer Island was left connected to Winthrop after a hurricane changed the landscape in the 1930s. Today visitors can enjoy stunning views of the harbor and the Boston skyline as they enjoy the two-and-a-half-mile walk around the island.