Rent to own Homes in Boone, NC
Named for pioneer Daniel Boone, the Blue Ridge Mountain town of Boone has been chosen by US News as one of the 10 best places in the US to retire. With a population of 18,211, Boone offers a brisk mountain climate, with January highs in the low 40s and July highs in the 70s. Since Boone is a bucolic paradise, it boasts a thriving tourism industry, as well as a bustling commercial community that includes a Lowes and a Walmart.
Boone, NC is a great place for affordable rent-to-own homes! With a median household income of over $25,535 and a median rent of $952, the Boone, NC 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 Boone, NC. 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 Boone, NC Property Resources
Rent to own Homes in Cities Near Boone, NC
- Banner Elk
- Beech Mountain
- Blowing Rock
- Boomer
- Boone
- Butler
- Cajah's Mountain
- Cedar Rock
- Collettsville
- Cove Creek
- Creston
- Crossnore
- Crumpler
- Deep Gap
- Elk Park
- Ferguson
- Fleetwood
- Foscoe
- Gamewell
- Glendale Springs
- Grandfather
- Grandfather Village
- Hampton
- Jefferson
- Lansing
- Laurel Bloomery
- Lenoir
- Linville
- Mountain City
- Newland
- Purlear
- Roan Mountain
- Seven Devils
- Sugar Grove
- Sugar Mountain
- Todd
- Trade
- Valle Crucis
- Vilas
- Warrensville
- West Jefferson
- Zionville
Neighborhoods in Boone, NC
Downtown Boone rent to own homesBuying a Home in Boone, NC
Boone, NC is seeing rapid growth and Boone, NC's' housing market remains not optimal with an average home price that is 28% above the 2024 national average. Boone, NC is part of Watauga 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 Watauga is 0.42% which is below the national average, which is 0.99%.
Median Home Price in Boone, NC
Median Rent in Boone, NC
Top Five Reasons to Live in Boone
History is alive in Boone! Every summer since 1952, Boone has presented an original theatrical event, "Horn in the West," an outdoor dramatization that celebrates the life of Daniel Boone, who regularly camped in the surrounding forests. The show is presented at the Powderhorn Theatre, which is located at the site of the Hickory Ridge Homestead Museum. History buffs will also enjoy visiting Daniel Boone Native Gardens, a seasonal attraction featuring a botanical garden, an authentic log cabin, and wrought iron gates that were donated by a descendant of Daniel Boone.
Get close to nature! Boone is part of the magnificent Blue Ridge Parkway, which offers 469 miles of magnificent roads and nature trails. Boone is also home to Elk Knob State Park, a 3,473-acre oasis that features nature trails and camp sites.
Mountains to climb! One of Boone's most popular attractions is Grandfather Mountain, a 5,946-foot peak that's open for year-round tourism. Another famous local peak is Howard Knob, a 4,396 mountain with magnificent scenic vistas.
Rentals everywhere! The median rent in Boone is an affordable $775, which makes it a great market for those looking for apartments and rent to own houses. In the area of Robin Lane, a four-bedroom townhouse can list for less than $500 a month. In the Dogwood Road area, an attractive three-bedroom home can list for around $850 a month.
Homes for sale! The median list price for a home in Boone is $299,000, which makes it an affordable option for those who want to live in a resort town without paying resort prices. In the neighborhood of Sammi Circle, a two-bedroom, two-bath, circa-1970s residence can list for less than $150,000. On Williams Ridge Road, a luxuriously-appointed, modern three-bedroom with vaulted beamed ceilings can list for less than $200,000.