Rent to own Homes in Chattanooga, TN
The vibrant, southern city of Chattanooga combines the charm of a mountain town with the modern attractions of urban city life. Home to the magnificent Lookout Mountain, one of the most beautiful scenic gems of America, it's also a bustling center of commerce. The first Coca-Cola bottling plant was built in Chattanooga; and 100 years later the city continues to be the distribution and manufacturing center for a number of major corporations, including DuPont, Amazon.com, BASF, Norfolk Southern, Wrigley, Volkswagen and Alco Chemical.
Chattanooga, TN is a great place for affordable rent-to-own homes! With a median household income of over $47,165 and a median rent of $891, the Chattanooga, TN 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 Chattanooga, TN. 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 Chattanooga, TN Property Resources
Rent to own Homes in Cities Near Chattanooga, TN
- Apison
- Birchwood
- Bryant
- Chattanooga
- Chattanooga Valley
- Chickamauga
- Cohutta
- Collegedale
- Dunlap
- East Ridge
- Fairmount
- Fairview
- Falling Water
- Flat Rock
- Flat Top Mountain
- Fort Oglethorpe
- Georgetown
- Griffith Creek
- Guild
- Harrison
- Higdon
- Hixson
- Indian Springs
- Jasper
- Kimball
- LaFayette
- La Fayette
- Lakesite
- Lakeview
- Lone Oak
- Lookout Mountain
- Lupton City
- Mc Donald
- Mowbray Mountain
- New England
- Powells Crossroads
- Ringgold
- Rising Fawn
- Rock Spring
- Rocky Face
- Rossville
- Sale Creek
- Sequatchie
- Signal Mountain
- Trenton
- Tunnel Hill
- West Brow
- Whiteside
- Whitwell
- Wildwood
Neighborhoods in Chattanooga, TN
Friends of Mountain Creek rent to own homes St. Elmo rent to own homes Piney Woods rent to own homes Clifton Hills rent to own homes Cedar Hill rent to own homes Liles rent to own homes Woodmore - Dalewood rent to own homes Riverview - Stuart Heights rent to own homes Lupton City - Norcross rent to own homes Tyner - Greenwood rent to own homesBuying a Home in Chattanooga, TN
Chattanooga, TN is seeing rapid growth and Chattanooga, TN's' housing market remains optimal with an average home price that is -20% below the 2024 national average. Chattanooga, TN is part of Hamilton 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 Hamilton is 0.86% which is below the national average, which is 0.99%.
Median Home Price in Chattanooga, TN
Median Rent in Chattanooga, TN
Top Reasons to Live in Chattanooga TN
Chattanooga Housing Statistics These housing statistics include rent to own homes, as well as condominiums and houses that are owned and rented.
Local Shopping in Chattanooga Chattanooga is home to Hamilton Place, the largest shopping complex in Tennessee. The two-story mall has more than one million square feet of retail space featuring more than 200 stores, boutiques and restaurants. Retailers include famous names such as JC Penney, Bed, Bath and Beyond, Kay Jewelers, Marshalls, Party City, Dillard's, Sephora, Sears and Victoria's Secret. In addition, there's a full shopping complex adjacent to the mall with customer favorites such as World Market, Coldwater Creek and Eddie Bauer.
Tourist Attractions in Chattanooga A favorite among locals and visitors alike, the Tennessee Aquarium is a must-see attraction that features a rich glimpse into the oceanic kingdom. Visitors can enjoy live displays of enormous rays, paddlefish, porcupine fish and sharks, as well as a variety of creatures such as hedgehogs, otters, opossums and exotic birds. There's also a butterfly garden and an interactive backyard safari, where kids can encounter cockatoos, owls, lizards and a variety of feathered and furry critters.
Neighborhoods in Chattanooga Fort Wood: With its rich Civil War history, the neighborhood of Fort Wood is a mecca for area history buffs. It was originally designed as a fortification center during the Civil War, then redesigned during the 1880s as a residential section. Today, Fort Wood is considered to be one of Chattanooga's most beautiful neighborhoods, with its tree-lined avenues and palatial homes. These houses represent the best of American residential architecture from the 1880s to the 1920s, and 120 of these buildings are included in the National Register of Historic Places. During the 1980s, city planners revitalized the neighborhood, and today many of the area's larger homes have been converted to apartments, all of which are highly sought after by students at the nearby University of Tennessee.