Rent to own Homes in Derry, NH
Originally settled in 1719 and later incorporated in 1827, the town of Derry, New Hampshire is rich with history. Derry was once a New England textile hub for linens and leathers as well as an active farming community. Since then, Derry has grown to become New Hampshire's fourth most populous community. Located in Rockingham County, Derry is situated along the Merrimack River, a 117-mile long northeastern river that feeds into the Atlantic Ocean.
Derry, NH is a great place for affordable rent-to-own homes! With a median household income of over $69,813 and a median rent of $1,183, the Derry, NH 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 Derry, NH. 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 Derry, NH
- Amherst
- Atkinson
- Auburn
- Bedford
- Brookline
- Candia
- Canterbury
- Chichester
- Concord
- Danville
- Deerfield
- Derry
- Dracut
- East Hampstead
- East Merrimack
- East Pepperell
- Epsom
- Francestown
- Fremont
- Greenfield
- Hampstead
- Haverhill
- Hollis
- Hooksett
- Hudson
- Klondike Corner
- Litchfield
- Loudon
- Lowell
- Merrimack
- Methuen Town
- Milford
- Mont Vernon
- Nashua
- New Boston
- North Chelmsford
- Nottingham
- Pelham
- Pepperell
- Pittsfield
- Plaistow
- Raymond
- Sandown
- South Hooksett
- Suncook
- Tyngsboro
- Weare
- Westford
- Wilton
- Windham
Neighborhoods in Derry, NH
Derry rent to own homesPopular Zip Codes in Derry, NH
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Derry, NH is seeing rapid growth and Derry, NH's' housing market remains not optimal with an average home price that is 13% above the 2024 national average. Derry, NH is part of Rockingham 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 Rockingham is 1.74% which is above the national average, which is 0.99%.
Median Home Price in Derry, NH
Median Rent in Derry, NH
Top 5 reasons to Live in Derry, NH
Learn about Derry's poetic history! Robert Frost, one of America's most well-known and beloved poets, lived in Derry. You can visit the Robert Frost Farm, a National Historic Landmark, for tours, trail walks, and poetry readings. Many of Frost's poems about wildlife and changing New England seasons were written on his farm here. Frost also inspired New Hampshire poet E. E. Cummings, whose house is also a historic landmark located north of Derry.
Visit Boston or Manchester! Derry's proximity to both Boston and Manchester makes it a perfect location. Take a day trip to either city for a cosmopolitan experience. Visit Manchester's Currier Museum of Art to see Picasso and O'Keefe, or drive to Boston to join a duck boat adventure. Not looking to leave Derry? Climb Warner Hill in Derry to view the Boston Skyline.
Be a part of the growing intellectual community! When Interstate 93 was built from Massachusetts to New Hampshire, Derry's population tripled in size. Derry's school system was modernized to include state-of-the-art technology and both public and private schools. Derry's Historical Society and Museum is a learning center for local and national history. Also consider checking out the Londonderry Historical Society's Morrison House Museum.
Discover Derry's quirky nickname! Alan B. Shepard was America's first man in space, and he also happened to be from Derry. Derry's official nickname is "Spacetown" for the hype surrounding this aeronautical feat. Visit the Shepard Family Conservation Area, also known as Shepard Park, to visit the family's beautiful homestead.
House values are increasing! Over the past year, median house sale prices have increased 20.3 percent, making Derry a hot town for real estate in the Northeast. Rent to own options are available for one-bedroom to four-bedroom houses, with many properties closer to Interstate 93, a convenient highway to Interstate 495 and Interstate 90 in Massachusetts. Look for properties along E Derry Road near the Hoodkroft Country Club.