Rent to own Homes in Rocky Mount, NC
It's on the water! Its parks feature both paddle and walking trails. Canoers and kayakers will enjoy the paddle trail at Tar River. The Tar River Walking/Biking Trail allows those who would rather stay on land to enjoy the natural beauty of the park surrounding this river and to walk through historically significant areas of Rocky Mount.
Rocky Mount, NC is a great place for affordable rent-to-own homes! With a median household income of over $42,691 and a median rent of $782, the Rocky Mount, 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 Rocky Mount, 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.
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Rent to own Homes in Cities Near Rocky Mount, NC
Neighborhoods in Rocky Mount, NC
Hunters Park rent to own homes Fords Colony rent to own homes Stone Haven rent to own homes Downtown Rocky Mount rent to own homes Northgreen Village rent to own homes Weathervane Hill rent to own homes Farmington rent to own homes Ridgecrest rent to own homes High Meadows rent to own homesBuying a Home in Rocky Mount, NC
Rocky Mount, NC is seeing rapid growth and Rocky Mount, NC's' housing market remains optimal with an average home price that is -50% below the 2024 national average. Rocky Mount, NC is part of Nash 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 Nash is 0.81% which is below the national average, which is 0.99%.
Median Home Price in Rocky Mount, NC
Median Rent in Rocky Mount, NC
14 Reasons to Live in Rocky Mount
Sunset Park! This park offers 28 acres of fun and interest for people of all ages. It contains a mini-train that can be ridden through the area for $2 per ride and a fully functioning carousel. After a day at the park, enjoy a meal at Ichiban Japanese Steak House & Sushi.
Flea markets and antique shops! If you like to collect antiques, you'll want to visit one of Rocky Mount's many flea markets or antique shops. Two of the most popular are the Stockyard Flea Market in nearby Wallace, which offers local produce as well as antique farm tools, and almost anything else you might need or want; and the 301 Craft and Flea Market.
Traditional shopping abounds! There are several plazas and malls in Rocky Mount where you can get household staples, including food, as well as eat out, see a movie or go bowling. Golden East Crossing is the biggest mall in Rocky Mount; shoppers can also get what they need at Walmart or other stores in the Cobbs Corner Shopping Center.
International Festival of Cultures! Every March, this festival allows participants to experience food, customs and culture from around the world by visiting different booths. This is only one of many cultural events Rocky Mount holds each year. Residents also look forward to the annual July Fourth Celebration.
Museums! Rocky Mount is home to several interesting and unique museums. Among them is the Country Doctor Museum, which features the restored offices of two country doctors from the 1800s as well as medical equipment and supplies from that era. The Rocky Mount Fire Museum plays homage to the fire department by providing photographs of firemen from the past and equipment from the original No. 2 Firehouse that now is home to the museum.
Historic landmarks! Several buildings in Rocky Mount have been designated as historic landmarks. The Rocky Mount Village Mills Historic District features an intact mill village from the 1800s; some of the homes are currently being restored to their original layout to make this village even more authentic. The People's Bank Building is also an historic building, as it was originally built in 1918 and still houses the People's Bank today.
Plentiful rentals! Nearly half -- 45% -- of all Rocky Mount residents rent their homes rather than owning them. The median rent is $669 per month, and you can find some rent to own homes on Greenwood Ave. or Butternut Ct.
Creative Arts! Art devotees will want to visit the Arts Center inside the Imperial Center, which features a permanent collection of visual arts exhibits. Those who are into performing arts will be interested in The Theatre, a community playhouse that puts on local productions of Broadway and off-Broadway plays.
Outdoor activities! There are plenty of outdoor activities throughout the year, thanks to Rocky Mount's warm summers and mild winters. Inside Sunset Park is the Spray Park, which features computer-controlled water sprays for cooling off during the summer, and Englewood Park features tennis courts.
Low Housing Prices! Housing in Rocky Mount is relatively inexpensive; average housing costs excluding mortgage or rent payment are $765 per month. You can find some deals on rent to own properties along Hunter Hill Rd. and N. Raleigh St.
Homes to buy! More than 50% of properties are owner occupied, and there are homes available for purchase throughout Rocky Mount's 10 neighborhoods. Some of the most popular neighborhoods include Little Raleigh and Edgement.
Home ownership options! Some people prefer to purchase rent to own houses and use their rent as a down payment on the home. N. Pine St. and City Center are two areas where you might be able to negotiate a lease with option to own.
Community development! Residents are encouraged to sit on community development communities, which aid in the building of new homes and restoration of old homes. More than 60% of the homes are single-unit, detached dwellings. You can find some of them on Easonburg and Goldrock Rd.