Rent to own Homes in Colonial Beach, VA
Colonial Beach, VA is a great place for affordable rent-to-own homes! With a median household income of over $54,324 and a median rent of $1,048, the Colonial Beach, 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 Colonial Beach, 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 Colonial Beach, VA Property Resources
Rent to own Homes in Cities Near Colonial Beach, VA
- Abell
- Avenue
- Bel Alton
- Benedict
- Broomes Island
- Bushwood
- California
- Callaway
- Caret
- Chaptico
- Charlotte Hall
- Clements
- Cobb Island
- Colonial Beach
- Coltons Point
- Dahlgren
- Dahlgren Center
- Drayden
- Dunnsville
- Farnham
- Faulkner
- Golden Beach
- Great Mills
- Hague
- Hollywood
- Hughesville
- Issue
- Kinsale
- Leonardtown
- Lexington Park
- Loretto
- Lottsburg
- Loveville
- Mechanicsville
- Milford
- Newburg
- Park Hall
- Patuxent River
- Piney Point
- Port Republic
- Rock Point
- Saint Stephens Church
- Solomons
- St. George Island
- Tall Timbers
- Tappahannock
- Valley Lee
- Warsaw
- Welcome
- Wildewood
Neighborhoods in Colonial Beach, VA
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No zip codes foundBuying a Home in Colonial Beach, VA
Colonial Beach, VA is seeing rapid growth and Colonial Beach, VA's' housing market remains optimal with an average home price that is -2% below the 2024 national average. Colonial Beach, VA is part of Westmoreland 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 Westmoreland is 0.42% which is below the national average, which is 0.99%.