Rent to own Homes in Kannapolis, NC
There's plenty of culture here: Kannapolis offers everything from the Gem Theatre to the North Carolina Music Hall of Fame. Kannapolis is also home to several sports teams and museums.
Kannapolis, NC is a great place for affordable rent-to-own homes! With a median household income of over $55,923 and a median rent of $875, the Kannapolis, 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 Kannapolis, 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 Kannapolis, NC Property Resources
Rent to own Homes in Cities Near Kannapolis, NC
- Alexis
- Belmont
- Charlotte
- China Grove
- Cleveland
- Concord
- Cornelius
- Cramerton
- Dallas
- Davidson
- Denver
- Enochville
- Fairview
- Fort Mill
- Gastonia
- Harrisburg
- Hemby Bridge
- Huntersville
- Indian Trail
- Kannapolis
- Lake Norman of Catawba
- Lake Norman Of Iredell
- Lake Park
- Landis
- Locust
- Lowell
- Lowesville
- Matthews
- McAdenville
- Mc Adenville
- Midland
- Mint Hill
- Monroe
- Mooresville
- Mount Holly
- Mount Pleasant
- Mount Ulla
- Pineville
- Ranlo
- Salisbury
- Sherrills Ford
- Spencer Mountain
- Stallings
- Stanfield
- Stanley
- Statesville
- Terrell
- Weddington
- Wesley Chapel
- Westport
Neighborhoods in Kannapolis, NC
Beaver Pond rent to own homes Old Centergrove rent to own homes Wellington Chase rent to own homes Midway West rent to own homes Jamestown rent to own homes Forest Park rent to own homes Midway East rent to own homes Car Town rent to own homes Rainbow Drive rent to own homes Old Earnhardt rent to own homesPopular Zip Codes in Kannapolis, NC
28083 rent to own homesBuying a Home in Kannapolis, NC
Kannapolis, NC is seeing rapid growth and Kannapolis, NC's' housing market remains optimal with an average home price that is -26% below the 2024 national average. Kannapolis, NC is part of Cabarrus 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 Cabarrus is 0.85% which is below the national average, which is 0.99%.
Median Home Price in Kannapolis, NC
Median Rent in Kannapolis, NC
8 Reasons to Live in Kannapolis, NC
Kannapolis is committed to good health: The North Carolina Research Council researches diet and health and sponsors wellness initiatives, such as campaigns to end childhood obesity and to reduce the prevalence of diabetes in adults. There are four hospitals and health centers here, including the CMC-Kannapolis Emergency Care Center.
Housing is affordable: Both renting (including rent to own houses) and home ownership are popular in neighborhoods such as Brantley Creek and Elwood Estates. About 33% of people rent their homes rather than owning them.
There are plenty of parks and other outdoor venues: Village Park hosts concerts and events all year long and provides a month-long winter celebration every December. In addition to being close to downtown Kannapolis, this park also hosts the Rotary Express Train, a model of the original CP Huntington express train that travels through the park. This train and the station in which it is parked were donated by the Kannapolis Rotary Club.
There are year-round special events that appeal to a wide variety of interests: Every spring, Kannapolis hosts the NC Science Festival, which offers residents free access to workshops, lectures and hands-on activities about various aspects of science, and in the summer there is a Summer Entertainment Series that includes a variety of musical guests and entertainers.
Low crime rate: Kannapolis boasts one of the lowest crime rates in North Carolina (46 per 1000), making it an especially popular place to rent or buy a home. The Kannapolis Police Department is quick to respond to any crimes that do occur and many neighborhoods are protected by Kannapolis Neighborhood Watch.
Housing Opportunities: There are plenty of opportunities to purchase a home in Kannapolis using the rent to own option. Many of these rent to own homes sell for less than traditional market prices and are located close to attractions such as the Mike Curb Museum for Music and Motorsports or the famed historical shopping district in nearby Concord. The median house size is approximately 5 bedrooms.
Kannapolis supports home ownership: There are community initiatives to help make housing affordable for everyone, including the Homebuyer Assistance Program and the Urgent Repair Program. Currently, the median house price is $93,000.