Rent to own Homes in New Buffalo, MI
New Buffalo, MI is a great place for affordable rent-to-own homes! With a median household income of over $54,421 and a median rent of $878, the New Buffalo, MI 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 New Buffalo, MI. 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.
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Rent to own Homes in Cities Near New Buffalo, MI
- Baroda
- Benton Harbor
- Benton Heights
- Berrien Center
- Berrien Springs
- Bridgman
- Buchanan
- Coloma
- Covert
- Dowagiac
- Eau Claire
- Fair Plain
- Galien
- Granger
- Hartford
- Hudson Lake
- Indian Village
- Lake Michigan Beach
- Lakeside
- Millburg
- Mill Creek
- Mishawaka
- New Buffalo
- New Carlisle
- New Troy
- Niles
- Notre Dame
- Paw Paw Lake
- Rolling Prairie
- Roseland
- Sawyer
- Shoreham
- Shorewood-Tower Hills-Harbert
- Sodus
- South Bend
- Stevensville
- St. Joseph
- Three Oaks
- Union Pier
- Watervliet
Neighborhoods in New Buffalo, MI
Downtown New Buffalo rent to own homesPopular Zip Codes in New Buffalo, MI
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New Buffalo, MI is seeing rapid growth and New Buffalo, MI's' housing market remains not optimal with an average home price that is 3% above the 2024 national average. New Buffalo, MI is part of Berrien 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 Berrien is 1.17% which is above the national average, which is 0.99%.