Rent to own Homes in Glasgow, DE
Located along the invisible line that separates Maryland and Delaware, Glasgow is a suburban community that's home to 14,303 people. This census-designated place is situated 7 miles south of Newark and 16 miles southwest of Wilmington, which lends an urban feel to this community. Glasgow typifies small community living, with not only all the benefits of a small town but also the urban jungle a stone's throw away.
Glasgow, DE is a great place for affordable rent-to-own homes! With a median household income of over $93,416 and a median rent of $1,381, the Glasgow, 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 Glasgow, 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 Glasgow, DE Property Resources
Rent to own Homes in Cities Near Glasgow, DE
- Alloway
- Arden
- Ardentown
- Avondale
- Bear
- Carneys Point
- Cecilton
- Chadds Ford
- Charlestown
- Chesapeake City
- Claymont
- Cochranville
- Colora
- Delaware City
- Dilworthtown
- Earleville
- Elkton
- Elsmere
- Galena
- Garnet Valley
- Glasgow
- Hamorton
- Hancocks Bridge
- Havre de Grace
- Landenberg
- Massey
- Middletown
- Millington
- New Castle
- Newport
- North East
- Nottingham
- Pedricktown
- Penns Grove
- Pennsville
- Pike Creek
- Pike Creek Valley
- Port Penn
- Rising Sun
- Salem
- Smyrna
- St Georges
- Still Pond
- Thornton
- Townsend
- Warwick
- West Grove
- Wilmington
- Winterthur
- Yorklyn
Neighborhoods in Glasgow, DE
Glasgow rent to own homes Pine Woods rent to own homes Frenchtown Woods rent to own homes Perch Creek rent to own homesPopular Zip Codes in Glasgow, DE
19702 rent to own homesBuying a Home in Glasgow, DE
Glasgow, DE is seeing rapid growth and Glasgow, DE's' housing market remains not optimal with an average home price that is 26% above the 2024 national average. Glasgow, DE is part of New Castle 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 New Castle is 0.55% which is below the national average, which is 0.99%.
Median Home Price in Glasgow, DE
Median Rent in Glasgow, DE
Top 6 Reasons to Live in Glasgow, DE
Tip-top parks! Nature and verdant land are a big part of the landscape of this community. For people whose idea of fun includes an afternoon venturing outdoors, the Glasgow Park and Sunset Lake Preserve are two of the popular hangouts in Glasgow. You can spend the afternoon fishing, skateboarding or playing sports.
Plenty of new houses! A good percentage of homes for sale and rent to own homes in Glasgow are relatively new. Thus, renter and home buyers who like to live in a modern home will have more luck finding the perfect property in neighborhoods along Glasgow Avenue and Wrangle Hill Road. The median home value in Glasgow has increased in the last 12 years as well. From $140,000 in 2000, it was $250,893 in 2012. This is compared to Delaware's overall median home price of $226,900.
Rich heritage! Glasgow is brimming with historical structures, with some dating back to the 1800s. The James Stewart House and Samuel Henry Black House are two main community attractions, both of which have been listed in the U.S National Register of Historic Places.
Large, spacious apartments! Glasgow is paradise to people who don't like cramped apartments. Houses for rent in this part of Delaware are usually of the three- or four-bedroom variety. Coming in at roughly $1,206 for 2012, rental rates in Glasgow are still lower than the national average while still paying for that large space. If that sounds like good news for you, you can start your apartment hunting in areas along Pulaski Highway and Porter Road.
Solid economy! If numbers like unemployment rate and future job growth are any indication, Glasgow reports a very healthy economic outlook. Unemployment rate is lower than the national average and expected job growth is higher than the national average. In addition, the community boasts diverse industries, so a wide variety of jobs are available. The University of Delaware and Chrysler's Newark Assembly Plant are two of the biggest employers in this community.
Lots of urban conveniences! There are numerous businesses, shops, cafes and restaurants within Glasgow. People's Plaza has some popular restaurants and cafes, including British Bell Tea, Hibachi Grill & Supreme Buffet and Whereabouts Cafe. Glasgow also has a number of shopping centers, which include Fox Run Shopping Center and Eden Square Shopping Center.