Rent to own Homes in Elizabethton, TN
Known for being the site of the first independent American government, the Watauga Association, Elizabethton is a city that specializes in historical sites. While home to sites such as the Transylvania Purchase from 1775 and a Downtown Historic District, it is also known for offering lots of recreational activities for residents. Elizabethton is a great place to settle in terms of both property appreciation rates and general affordability for homeowners.
Elizabethton, TN is a great place for affordable rent-to-own homes! With a median household income of over $38,007 and a median rent of $635, the Elizabethton, 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 Elizabethton, 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 Elizabethton, TN Property Resources
Rent to own Homes in Cities Near Elizabethton, TN
- Afton
- Baileyton
- Biltmore
- Bloomingdale
- Blountville
- Bluff City
- Bristol
- Bristol
- Central
- Chuckey
- Church Hill
- Clinchport
- Colonial Heights
- Duffield
- Dungannon
- Eidson
- Elizabethton
- Embreeville
- Fall Branch
- Fort Blackmore
- Gate City
- Gray
- Hiltons
- Hunter
- Johnson City
- Jonesborough
- Kingsport
- Limestone
- Mendota
- Mount Carmel
- Nickelsville
- Oak Grove
- Orebank
- Pine Crest
- Piney Flats
- Spurgeon
- Sullivan Gardens
- Surgoinsville
- Telford
- Unicoi
- Walnut Hill
- Watauga
- Weber City
Neighborhoods in Elizabethton, TN
Sycamore Shoals rent to own homes Downtown Elizabethton rent to own homes East Side rent to own homes Pine Crest rent to own homes West Elk rent to own homesPopular Zip Codes in Elizabethton, TN
37682 rent to own homesBuying a Home in Elizabethton, TN
Elizabethton, TN is seeing rapid growth and Elizabethton, TN's' housing market remains optimal with an average home price that is -44% below the 2024 national average. Elizabethton, TN is part of Carter 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 Carter is 0.56% which is below the national average, which is 0.99%.
Median Home Price in Elizabethton, TN
Median Rent in Elizabethton, TN
Top 7 Reasons to Live in Elizabethton, TN
Tons of places to eat! Elizabethton does a great job offering a wide variety of quality food. You can try authentic pizza over at Greg's Pizza or even Korean food at Red Chili.
Lots of ways to relax! In Elizabethton, there is no shortage of ways to enjoy yourself. Whether it's simply enjoying the view and talking with friends at The Bonnie Kate or going to the FATZ Cafe for a stiff drink, you won't run out of places to hang out and relax.
A plethora of fun activities! Elizabethton is offers the scenery and weather needed for great outdoor activities. If you like the outdoors, consider renting kayaks over at Watauga Kayak Tours, or if you want to try something new, martial arts courses are offered at Evers' Tiger Rock Martial Arts. No matter where your interests lie, this is the city where you can always find something to do.
Great for homeowners! Homeowners will really appreciate Elizabethton, thanks to high property appreciation rates and steadily increasing home values. Noticeably ahead of the majority of Tennessee, total appreciation rates of 16.60% over the last 10 years make it a great place for homeowners. Try Watauga Point or Cedar Road for excellent locations.
Affordable housing! Living in a place like Elizabethton doesn't mean that you have to break the bank. With housing prices noticeably lower than the rest of the state and home values that are known to increase steadily over time, both prospective buyers and those looking for rent to own homes will find much to love about Elizabethton. Find attractive prices in Eastside or Keenburg neighborhoods.
Perfect for history buffs! If there's one thing Elizabethton is known for, it's for its history fans, thanks to houses, exhibits and celebrations that transport you back into the past. With the Sycamore Shoals State Historic Area and The Downtown Historic District, finding historic places to marvel at is a breeze.
Lots of seasonal events! Elizabethton does away with the idea that small cities have to be boring. In this city, there is no shortage of seasonal and year end events to enjoy yourself at. Some such events include the Slagle's Pasture Bluegrass Festival featuring musicians held every Spring and even The Wataugans, an outdoor drama held every summer.