Rent to own Homes in Daphne, AL
Although Daphne did not become a town until 1857, its history dates back to early explorers in the 1500s. Located on Mobile Bay, this town revolves around Mobile Bay, where fresh seafood and water sports are a natural part of life. Nicknamed the Jubilee City for the city's unusual bounty of crabs, fish and shrimp, fishermen and hungry diners can't help celebrating the heaping array of seafood found in the bay.
Daphne, AL is a great place for affordable rent-to-own homes! With a median household income of over $71,105 and a median rent of $1,126, the Daphne, AL 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 Daphne, AL. 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 Daphne, AL Property Resources
Rent to own Homes in Cities Near Daphne, AL
- Axis
- Bay Minette
- Bayou La Batre
- Belle Fontaine
- Bucks
- Chickasaw
- Chunchula
- Coden
- Creola
- Daphne
- Dauphin Island
- Eight Mile
- Fairhope
- Grand Bay
- Gulfcrest
- Irvington
- Loxley
- Mobile
- Point Clear
- Prichard
- Robertsdale
- Saraland
- Satsuma
- Semmes
- Silverhill
- Spanish Fort
- Stapleton
- Stockton
- Theodore
- Tillmans Corner
- Wilmer
Neighborhoods in Daphne, AL
Timbercreek rent to own homes Olde Towne Daphne District rent to own homesPopular Zip Codes in Daphne, AL
36526 rent to own homesBuying a Home in Daphne, AL
Daphne, AL is seeing rapid growth and Daphne, AL's' housing market remains not optimal with an average home price that is 1% above the 2024 national average. Daphne, AL is part of Baldwin 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 Baldwin is 0.31% which is below the national average, which is 0.99%.
Median Home Price in Daphne, AL
Median Rent in Daphne, AL
Top 6 Reasons to Move to Daphne, AL
Plenty of parks! With a total of 13 parks and playing fields in this warm southern climate, there is no reason not to go outdoors. Locals bring their racquets for tennis matches at Lott Park, enjoy wildlife at the super-sized Village Point Park Preserve and get good use of the pier and boat launch at May Day Park.
Opportunity to rent or own! People who move to Daphne seem to stay, as 59 percent of the homes are owner-occupied, and those who want a rental or rent to own property will be happy to know that 32 percent of properties are rented. Whichever arrangement buyers prefer, looking near Bay View Drive will have them situated close to the shopping and dining options at the Jubilee Mall Shopping Center.
Great real estate values! Median sale price from 2013 to 2014 was $165,745, so some great, affordable real estate is available in this southern city. If budget is not a concern, check out beautiful homes in the million dollar price range in the Old Daphne neighborhood, while Canterbury Place is more in line with the city's median price.
Delicious seafood! The seafood plays a big role in the local dining scene, and those looking for amazing seafood restaurants will delight in the many options. Kraver's Seafood gets rave reviews for everything from fried catfish to fresh crab cakes, and the Wacky Shrimp is naturally known for their shrimp, but their hush puppies also share the spotlight.
Play golf! Daphne's sunny weather and gorgeous landscape makes it a perfect place to golf, and the city has several courses from which to choose. Timber Creek and Lake Forest are both in Daphne, while Rock Creek Golf Club is in nearby Fairhope.
Drive to Mobile! The easy 11-mile drive from Daphne to Mobile allows residents to enjoy the best of both cities. See a movie at Daphne's Jubilee Square 12 cinema or take the drive to the Mobile Museum of Art.