Rent to own Homes in Burlington, NC
Play in the wilderness! While Burlington has its share of city parks, it also has many wild places for residents to explore. Guilford-Mackintosh Marina has three miles of walking trails, fishing locations, and canoe and kayak rentals to explore Lake Mackintosh. Lake Cammack Park & Marina features an 800 acre lake, miles of hiking and biking trails, and more than 50 miles of shoreline waiting for fishermen.
Burlington, NC is a great place for affordable rent-to-own homes! With a median household income of over $45,587 and a median rent of $823, the Burlington, 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 Burlington, 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 Burlington, NC Property Resources
Rent to own Homes in Cities Near Burlington, NC
- Alamance
- Altamahaw
- Browns Summit
- Burlington
- Cedar Grove
- Climax
- Efland
- Elon
- Forest Oaks
- Gibsonville
- Glen Raven
- Graham
- Green Level
- Greensboro
- Haw River
- Julian
- Liberty
- McLeansville
- Mc Leansville
- Mebane
- Ossipee
- Pelham
- Pleasant Garden
- Prospect Hill
- Ramseur
- Randleman
- Reidsville
- Ruffin
- Saxapahaw
- Sedalia
- Siler City
- Snow Camp
- Staley
- Summerfield
- Swepsonville
- Wentworth
- Whitsett
- Woodlawn
- Yanceyville
Neighborhoods in Burlington, NC
East Davis Street Historic District rent to own homes West Davis West Front Fountain Place Historic District rent to own homes Morgantown rent to own homes Southwest Burlington rent to own homes South Burlington rent to own homes Central Burlington rent to own homes Lakeside Mills Historic District rent to own homes Downtown Burlington rent to own homes Downtown Burlington Historic District rent to own homes South Broad Fifth Street Historic District rent to own homesPopular Zip Codes in Burlington, NC
27216 rent to own homesBuying a Home in Burlington, NC
Burlington, NC is seeing rapid growth and Burlington, NC's' housing market remains optimal with an average home price that is -37% below the 2024 national average. Burlington, NC is part of Alamance 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 Alamance is 0.72% which is below the national average, which is 0.99%.
Median Home Price in Burlington, NC
Median Rent in Burlington, NC
Top 11 Reasons to Live in Burlington
A safer community! The city of Burlington takes safety seriously. Residents can sign up to receive alerts from the CodeRED system based on their preferences and precise location. The CBC Tip Line is a city initiative focused on improving neighborhood safety and community security.
Community activities! 4th Fridays Downtown is a series of events held every fourth Friday between May and September. They feature live music, extended shopping hours, special vendors and food trucks. The annual Spring Wine Festival gives residents a chance to sample a variety of wines while socializing with the community.
Job opportunities! The rent to own homes in Burlington are near several excellent career opportunities. LabCorp is headquartered here, providing more than 3,000 jobs. The headquarters and jet-engine manufacturing plant for Honda Aero are located here as well. A healthy job market contributes to the tight rental market of just 9.12% vacancy rate. Luckily, rental rates have dropped by more than 5% since 2009.
Shopping options! In addition to the locally-owned boutiques and shops the city has Holy Hill Mall and Business Center which features national chain stores in addition to locally-owned shops, restaurants and entertainment locations. Alamance Crossing -- the newest addition to the area's shopping scene -- has a movie theater and more than 70 stores and dining destinations.
Cozy neighborhoods! There are many rent to own properties in the cozy neighborhoods of Burlington. Some of the most popular neighborhoods are Glen Raven, Lakeview and Hopedale.
Culture and entertainment! The Paramount is a historic theater that is home to many theatrical productions, concerts, movie screenings and musicals. The Musical Chairs Concerts held throughout the summer in the park feature a variety of artists.
Artistic inspiration! The beautiful and peaceful scenery of Burlington has inspired the creativity of the residents. The Burlington Artists League has been supporting area artists for more than four decades. The Painter's Roost, an interactive art gallery and art school, provides a place for all residents to embrace their artistic creativity.
Central location! In addition to all of the benefits of the immediate area the rent to own houses in Burlington are also perfectly situated between the mountains and the ocean. It's possible to make a day trip to the beaches to the east or to the mountains to the west. Choosing a home between I-40 and Big Alamance Creek will afford you the easiest commute for your weekend getaways.
Dining treasures! Most towns have similar restaurants but it's the local favorites that really make a community unique. Piedmont Ale House is a locally owned neighborhood pub featuring a collection of artisan beers and more than 100 varieties of bottled and draft beers in addition to amazing burgers, pizza and sandwiches. Prego's Trattoria offers authentic Italian dining with more than 60 delicious options which can be followed with traditional Italian sweets and coffee.
Old-fashioned Main Street! The warmth of the community can best be expressed in the revitalization of the main street area. The Burlington Downtown Corporation has worked to make the area a nationally recognized Main Street Community by offering public art, community programs and grants to bring in new businesses.