Rent to own Homes in Kingsport, TN
A real taste of culture! The cultural arts are important enough that the city has created the Kingsport Office of Cultural Arts. The Kingsport Art Guild offers the community art exhibitions, classes and lectures. The Kingsport Renaissance Center offers music classes, art exhibitions, and theatrical and musical productions.
Kingsport, TN is a great place for affordable rent-to-own homes! With a median household income of over $42,066 and a median rent of $666, the Kingsport, 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 Kingsport, 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 Kingsport, TN Property Resources
Rent to own Homes in Cities Near Kingsport, 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 Kingsport, TN
Riverview rent to own homes Downtown Kingsport rent to own homes Borden Village rent to own homes Green Acres rent to own homes Highland Park rent to own homes Morrison City rent to own homes Antique District rent to own homes Lynn Garden rent to own homes Shelby Street Row Houses rent to own homesPopular Zip Codes in Kingsport, TN
37664 rent to own homes 37662 rent to own homes 37660 rent to own homes 37665 rent to own homesBuying a Home in Kingsport, TN
Kingsport, TN is seeing rapid growth and Kingsport, TN's' housing market remains optimal with an average home price that is -31% below the 2024 national average. Kingsport, TN is part of Sullivan 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 Sullivan is 0.67% which is below the national average, which is 0.99%.
Median Home Price in Kingsport, TN
Median Rent in Kingsport, TN
Top 10 Reasons to Live in Kingsport
Centrally located! Some places claim to be centrally located, but Kingsport is truly in the center of what has come to be known as the Mountain Empire. The city is in the middle between Richmond, Lexington, Nashville and Charlotte all of which are accessible via the nearby Highway 81.
Music and dance! The Kingsport Theatre Guild is one of the oldest community theaters in Oklahoma and has been showcasing local and regional talent for more than 50 years. The Symphony of the Mountains began in 1946 and has continued to grow over the subsequent decades and now has 70 musicians who join with other musical talent to service the entire region.
Home sales prices are rising! Rent to own properties in Kingsport are perfect for anyone wanting to invest in property. March 2014 home sales prices are at $113,750, up 14.9% compared to the same time period in 2013, making now a perfect time to buy before prices increase even more.
Explore history! The Exchange Place is a living history farm that allows visitors to experience farms, gardening and life in pioneer Tennessee. The Hammond House and Allandale Mansion are both open to the public and filled with collections from the cities past.
Low property taxes! Choosing a rent to own home is doubly smart in Kingsport where the property tax rate is well below the national average. Kingsport's property tax rate is just $7.16, compared to the national average of $11.20.
Community events! The Fun Fest is held each summer and features hot air balloon flights, numerous concerts, vendors and events for the entire community to enjoy. There is an annual 4th of July parade and fireworks event, as well as downtown holiday events supported by businesses and community groups.
High vacancy rate! At 10.49%, Kingsport has a vacancy rate close to the national average of 11.38%. Make your rental budget go even farther by choosing a rent to own home in popular neighborhoods such as Rock Springs or Fair Acres.
Delicious food! Finding the best food in a new town is always a fun experience. L.E. Clark's Grocery and Deli has been serving Southern comfort food by the same family for more than 50 years. The Nutty Java serves delicious coffee and regularly features live music from local artists.
Plenty of renters! Rented homes and units account for 36% of the city's housing numbers, which is on par with the state's 35% average. This makes it easy to take advantage of Kingsport's favorable rent to own market, especially in the neighborhoods of Bloomingdale, Colonial Heights and Hillcrest.