Rent to own Homes in Northport, AL
Northport is north of the Black Warrior River and adjacent to the City of Tuscaloosa. The word Kentuck, meaning paradise, is frequently spotted around town because records indicate it is the settlement area's first name. The city of 24,497 probably believes it is paradise, since people can enjoy the amenities of both Northport and Tuscaloosa with equal ease. Northport residents take their greatest pride in efforts to preserve its past in projects like the Northport Heritage Museum.
Northport, AL is a great place for affordable rent-to-own homes! With a median household income of over $64,814 and a median rent of $838, the Northport, 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 Northport, 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.
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Rent to own Homes in Cities Near Northport, AL
Neighborhoods in Northport, AL
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Northport, AL is seeing rapid growth and Northport, AL's' housing market remains optimal with an average home price that is -14% below the 2024 national average. Northport, AL is part of Tuscaloosa 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 Tuscaloosa is 0.32% which is below the national average, which is 0.99%.
Median Home Price in Northport, AL
Median Rent in Northport, AL
Top 7 Reasons to Live in Northport, AL
All styles of neighborhoods! Just name the ideal neighborhood. New residents have the option to rent in a historical area, a settled area like Northwood Forest or a brand new community near the intersection of Highway 43 and Rose Boulevard. The last location is close to Lake Tuscaloosa and the Tuscaloosa County High School.
Easy access to sporting events! Outdoor enthusiasts and sports-minded people alike love the fact that they can play golf at Hidden Meadows Golf Course one day and camp at Lake Lurleen State Park the next.
Townhomes, condominiums, houses! Rent to own just about any home desired because Northport has it all. Apartments and houses for sale or rent are conveniently located here; live near the main thoroughfare, McFarland Boulevard, or find a quiet location off the beaten path. While cruising Northport for your new abode, stop in for a coffee at Heritage House Coffee & Tea for a creative coffee drink or do some shopping at Rhubarb's Gifts & Home.
Plenty of tastebud-tempting restaurants! Check out the old-timey Southern food at the City Cafe or the incredibly awesome BBQ at Archibald Drive Inn. These are local places that have been around for decades.
Cultural events are a hop, skip, and short drive away! Northport and Tuscaloosa sit side-by-side. The University of Alabama offers a variety of exciting sporting events like football at Bryant-Denny Stadium. The historic Bama Theater in downtown Tuscaloosa hosts the Bama Art House Film Series.
Step into the past at any time! If charm is on the agenda, much time will be spent in the downtown area. The quaint Northport 5 & 10 and locally iconic clothing store called Faucett's are nestled among other places, like the Kentuck Arts & Craft Center and the 1840s Shirley Christian Home.
Stable economy! People attending the Kentuck Festival of the Arts or the Dickens Downtown event are never strangers. The local economy is solid, with over 26 percent of the locals in the community in residency for more than five years.