Rent to own Homes in Southern Pines, NC
Southern Pines, NC is a great place for affordable rent-to-own homes! With a median household income of over $70,549 and a median rent of $961, the Southern Pines, 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 Southern Pines, 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 Southern Pines, NC Property Resources
Rent to own Homes in Cities Near Southern Pines, NC
- Anderson Creek
- Apex
- Bear Creek
- Bennett
- Briar Chapel
- Broadway
- Cameron
- Carolina Meadows
- Carrboro
- Carthage
- Cary
- Chapel Hill
- Fearrington Village
- Fuquay-Varina
- Goldston
- Governors Club
- Governors Village
- Gulf
- Holly Springs
- Mamers
- Moncure
- New Hill
- Pittsboro
- Sanford
- Siler City
- Snow Camp
- Spout Springs
- Vass
- West End
- Whispering Pines
Neighborhoods in Southern Pines, NC
Old Bethesda rent to own homes Forest Creek rent to own homes Weymouth Heights rent to own homes Knollwood Village rent to own homes Talamore rent to own homes National Golf Club rent to own homes Downtown Southern Pines rent to own homes Mid South Club rent to own homes Southern Pines rent to own homesPopular Zip Codes in Southern Pines, NC
28388 rent to own homesBuying a Home in Southern Pines, NC
Southern Pines, NC is seeing rapid growth and Southern Pines, NC's' housing market remains not optimal with an average home price that is 40% above the 2024 national average. Southern Pines, NC is part of Moore 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 Moore is 0.64% which is below the national average, which is 0.99%.