Rent to own Homes in Bon Air, VA
When Bon Air was first developed in 1877, it was envisioned as a grand Victorian resort. The founders, mostly railroad investors, established a train link from Richmond to this scenic hilly area where people could come to escape the urban hustle and bustle. The opportunities for boating on Jahnke's Lake or simply enjoying the fresh countryside led many new arrivals to build grand "cottages" in the new village. Bon Air has now become a modern town of 16,213 residents, but it maintains its strong identity as a living reminder of Victorian grace.
Bon Air, VA is a great place for affordable rent-to-own homes! With a median household income of over $87,389 and a median rent of $1,422, the Bon Air, VA 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 Bon Air, VA. 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 Bon Air, VA Property Resources
Rent to own Homes in Cities Near Bon Air, VA
- Ashland
- Bellwood
- Bensley
- Bon Air
- Brandermill
- Bumpass
- Chamberlayne
- Chester
- Chesterfield
- Church Road
- Colonial Heights
- Crozier
- Dewitt
- Dinwiddie
- Doswell
- Dumbarton
- East Highland Park
- Enon
- Ettrick
- Ford
- Fort Lee
- Glen Allen
- Goochland
- Hanover
- Henrico
- Highland Springs
- Hopewell
- Innsbrook
- Lakeside
- Laurel
- Maidens
- Manakin Sabot
- Manchester
- Matoaca
- Meadowbrook
- Mechanicsville
- Midlothian
- Montpelier
- Moseley
- Oilville
- Petersburg
- Rockville
- Rockwood
- Short Pump
- State Farm
- Sutherland
- Tuckahoe
- Wilsons
- Woodlake
- Wyndham
Neighborhoods in Bon Air, VA
Woodmont rent to own homes Crestwood Farms rent to own homes Brighton Green rent to own homes Settlers Landing rent to own homes Greenfield rent to own homes Bon Air rent to own homesPopular Zip Codes in Bon Air, VA
23235 rent to own homesBuying a Home in Bon Air, VA
Bon Air, VA is seeing rapid growth and Bon Air, VA's' housing market remains not optimal with an average home price that is 16% above the 2024 national average. Bon Air, VA is part of Chesterfield 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 Chesterfield is 0.83% which is below the national average, which is 0.99%.
Median Home Price in Bon Air, VA
Median Rent in Bon Air, VA
Top 4 Reasons to Live in Bon Air, VA
The window of opportunity is open! Bon Air's housing market is "red hot," according to Zillow, with a median house price that has risen over 5.7 percent in the past year. Despite this market trend, the price per square foot for homes in Bon Air is still only $107, compared to $117 in the neighboring city of Richmond. If house-hunting leaves you thirsty, you can sample craft beers at family-owned Joe's Inn on Buford Road. The fish tacos at Pepe's Mexican Restaurant are also a popular local snack.
Buy fresh food from your neighborhood farmer! For three out of four seasons, the farm truck from Delli Carpini farm offers organic fresh produce once a week in downtown Bon Air. For those with more carnivorous tastes, Tripp's Restaurant offers a laid-back atmosphere in which to enjoy a hearty burger or steak.
Home ownership is the way to save in Bon Air! Choosing a rent to own home is a great strategy in this region as home prices continue to go up. Currently there is a strong demand for rental homes, which is reflected in Bon Air's high median rent of $1200, compared to the Richmond average of $1060. However, Bon Air's Victorian village charm and easy access to the urban resources of Richmond will help homes here hold their value, so now is the time to buy. The Bon Air Historical Society is a vibrant part of the town's culture, offering tours of homes and gardens during summer weather. It's also refreshing to walk along Powhite Creek, which originates in Bon Air and flows into Richmond.
You can join the team! Bon Air Community Association offers three swimming pools and a clubhouse for its members. It encourages everyone from the age of four years old to join one of its friendly swim teams. In summer, the Annual Victorian Day Festival and Parade offers a heartwarming traditional hometown experience. Vintage cars and marching bands provide a nostalgic glimpse of days gone by.