Rent to own Homes in Dover, DE
Historic Dover is the capital of Delaware. It is also the state's 2nd largest city, featuring many beautiful historic homes, buildings and landmarks, including the Delaware State Museum Buildings, Dover Green Historic District, Macomb Farm, the Old Statehouse, the Hughes-Willis Site, the Palmer Home, the Victorian Dover Historic District, and the beautiful Delaware Governor's Mansion. Of course, there's also lots of great restaurants and shopping destinations in sunny Dover, like the Dover Mall and local fave Restaurant 55.
Dover, DE is a great place for affordable rent-to-own homes! With a median household income of over $48,500 and a median rent of $1,066, the Dover, DE 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 Dover, DE. 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 Dover, DE Property Resources
Rent to own Homes in Cities Near Dover, DE
- Alloway
- Arrowhead Lake
- Bear
- Bellefonte
- Camden
- Camden Wyoming
- Carneys Point
- Cheswold
- Clayton
- Delaware City
- Dover
- Dover Afb
- Earleville
- Edgemoor
- Elkton
- Galena
- Glasgow
- Hancocks Bridge
- Hartly
- Highland Acres
- Hockessin
- Ingleside
- Kennedyville
- Kent Acres
- Leipsic
- Marydel
- Marydel
- Massey
- Middletown
- Newark
- Newport
- North East
- North Star
- Odessa
- Othello
- Penns Grove
- Pike Creek
- Pike Creek Valley
- Roadstown
- Sheppards Mill
- Smyrna
- St Georges
- Still Pond
- Sudlersville
- Templeville
- Wilmington
- Wilmington Manor
- Winterthur
- Wyoming
- Yorklyn
Neighborhoods in Dover, DE
White Oak Farms rent to own homes Towne Point rent to own homes Bicentennial Village rent to own homes Village of Westover rent to own homes Edgehill rent to own homes Mayfair rent to own homes Foxhall rent to own homes Downtown Dover rent to own homes Capital Green rent to own homes Victorian Dover Historic District rent to own homesPopular Zip Codes in Dover, DE
19903 rent to own homes 19902 rent to own homes 19901 rent to own homesBuying a Home in Dover, DE
Dover, DE is seeing rapid growth and Dover, DE's' housing market remains optimal with an average home price that is -16% below the 2024 national average. Dover, DE is part of Kent 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 Kent is 0.4% which is below the national average, which is 0.99%.
Median Home Price in Dover, DE
Median Rent in Dover, DE
5 Best Reasons to Live in Dover, Delaware
Culture and entertainment! Dover may not necessarily bring to mind museums, clubs or culture, but delve deeper and you'll find that Dover is home to the Dover Opera House, which was built in 1904 and later renovated and renamed the Schwartz Center for the Arts. The Schwartz Center hosts ballet performances, classic films and the Dover Symphony Orchestra. The city is also home to the Children's Theatre, the Delaware State Library, and the Delaware State Museum. Dover's historical district holds the Sewell C. Biggs Museum of American Art, which offers stunning collections of art from the Colonial time period to the present.
Sports fanatics revel! Dover is home to the Dover International Speedway, which hosts two NASCAR race weekends (one in the spring and one in the fall) and to Dover Downs, a harness horse race track that also has a hotel and casino. There are also several golf courses located in and around the city, including Maple Dale Country Club (right in Dover), Wild Quail Country Club (near Camden), Jonathan's Landing Golf Course (near Magnolia), Dover Center Par 3 & Driving Range, and the Dover Air Base Golf Course on the Dover AFB (must have military ID to enter).
Find plenty of places to live in this beautiful city! Fortunately, the city of Dover has an annual residential turnover of just over 16%, with an approximate vacancy rate of around 949 (with almost 7,500 owned and 7,100 rented). Homes in Dover range from large, historic manors to new and contemporary single-family homes. There are also rent to own homes, condos and nice apartment buildings.
Home to two of the best colleges in Delaware! Dover is home to Delaware State University and Wesley College, which is a private, liberal-arts university that was established in 1873.
Delaware has one of the lowest average property tax rates in the U.S.! This is another great reason to check out the housing market in Dover. The median property tax is only around $1,078 per year, according to www.tax-rates.org.