Rent to own Homes in Morganton, NC
Morganton is situated in Burke County and has an eclectic range of attractions. It's history, though, makes Morganton stand out among all other cities in America. It is close to the historical site of the European settlement Joara. Joara is the oldest settlement that's both European and inland in the entire country. With a population of 16,918 per the 2010 census, Morganton is the county seat of Burke County. More than 40 years before the English settled in Jamestown, Morganton became a site where a Spanish expedition built a fort.
Morganton, NC is a great place for affordable rent-to-own homes! With a median household income of over $40,406 and a median rent of $684, the Morganton, 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 Morganton, 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 Morganton, NC Property Resources
Rent to own Homes in Cities Near Morganton, NC
- Alexis
- Belwood
- Bessemer City
- Bethlehem
- Boomer
- Brookford
- Cajah's Mountain
- Casar
- Catawba
- Cedar Rock
- Cherryville
- Claremont
- Connelly Springs
- Conover
- Crouse
- Dallas
- Dellview
- Denver
- Drexel
- Fallston
- Gamewell
- Granite Falls
- Hickory
- Hiddenite
- High Shoals
- Hildebran
- Hudson
- Icard
- Iron Station
- Lake Norman of Catawba
- Lawndale
- Lenoir
- Lincolnton
- Long View
- Maiden
- Morganton
- Mountain View
- Newton
- Northlakes
- Rhodhiss
- Rutherford College
- Salem
- Sawmills
- Sherrills Ford
- Stony Point
- St. Stephens
- Terrell
- Valdese
- Waco
- Westport
Popular Zip Codes in Morganton, NC
No zip codes foundBuying a Home in Morganton, NC
Morganton, NC is seeing rapid growth and Morganton, NC's' housing market remains optimal with an average home price that is -29% below the 2024 national average. Morganton, NC is part of Burke 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 Burke is 0.71% which is below the national average, which is 0.99%.
Median Home Price in Morganton, NC
Median Rent in Morganton, NC
3 Reasons to Live in Morganton, NC
Great prices for owners and renters! Anyone who opts to live in Morganton will find that they're spending much less cash on a property than they would elsewhere. Those who want to purchase a home outright will spend nearly 40 percent less than the average cost in America. Anyone looking at rent to own houses will love that rental prices for two-bedroom apartments or houses are 33 percent lower than their counterparts in the rest of America. Whether you opt to live adjacent to Interstate 40 or near Wilson Creek, you'll be getting a great deal on housing.
Tons of activities! Other than simply having nice restaurants and the Marquee Cinemas, there are also a variety of other activities that residents of Morganton take advantage of. There are several golf clubs, including the Silver Creek Plantation, Mimosa Hills Golf and Country Club and the Quaker Meadows Golf Course. Additionally, the Morganton Auditorium frequently features performances that will help people get their fill of cultured experiences.
Rising values and low property taxes! Newcomers to the area will also love the fact that they're paying a much lower property tax rate than others in the country. In fact, these rates are over 40 percent lower than the average in America. This will save you lots of money to have a fun night out at Los Arcoiris Mexican Restaurant or make a day out of a visit to Honey Bee's Wine Tours. Of course, these low property taxes aren't the only way you're keeping money in your pocket. The home values in the last decade have gone up 6.5 percent and though this growth has slowed recently, the recovering economy means that these home values will likely continue to increase.