Rent to own Homes in Altamonte Springs, FL
Hang out in Cranes Roost Park! Snap photos of The Tower, catch a show at Eddie Rose Amphitheatre and take in the beauty of The Fountain Show. You could also just chill in The Plaza. This park is where the action of Altamonte Springs happens, especially on the Fourth of July weekend when the famous Red, Hot and Boom fireworks performance is held. It's also a great place for a simple stroll. Westmonte Park and Eastmonte Park are two other quality parks in town.
Altamonte Springs, FL is a great place for affordable rent-to-own homes! With a median household income of over $55,312 and a median rent of $1,260, the Altamonte Springs, FL 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 Altamonte Springs, FL. 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 Altamonte Springs, FL
- Alafaya
- Altamonte Springs
- Apopka
- Astatula
- Azalea Park
- Bay Hill
- Bay Lake
- Belle Isle
- Bithlo
- Black Hammock
- Buenaventura Lakes
- Casselberry
- Christmas
- Chuluota
- Clarcona
- Clermont
- Conway
- DeBary
- DeLand
- DeLand Southwest
- Deltona
- Doctor Phillips
- Eatonville
- Edgewood
- Eustis
- Fairview Shores
- Ferndale
- Fern Park
- Forest City
- Geneva
- Goldenrod
- Gotha
- Heathrow
- Holden Heights
- Horizon West
- Hunters Creek
- Kissimmee
- Lake Buena Vista
- Lake Hart
- Lake Helen
- Lake Kathryn
- Lake Mack-Forest Hills
- Lake Mary
- Lake Mary Jane
- Lockhart
- Longwood
- Maitland
- Meadow Woods
- Montverde
- Rio Pinar
Neighborhoods in Altamonte Springs, FL
Timberlake rent to own homes Spring Oaks rent to own homes Weathersfield rent to own homes Hickory Square rent to own homes Lake Lotus Club rent to own homes Country Creek rent to own homes Altamonte Springs rent to own homes West Town Center Altamonte Springs rent to own homes East Town Center Altamonte Springs rent to own homesBuying a Home in Altamonte Springs, FL
Altamonte Springs, FL is seeing rapid growth and Altamonte Springs, FL's' housing market remains optimal with an average home price that is -14% below the 2023 national average. Altamonte Springs, FL is part of Seminole 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 2023 for county Seminole is 0.81% which is below the national average, which is 0.99%.
Median Home Price in Altamonte Springs, FL
Median Rent in Altamonte Springs, FL
Top 8 Reasons to Live in Altamonte Springs
Flow with the housing trend! Housing values have skyrocketed over the last 12 months, rising over 20% in price. The average home value is currently upwards of $130,000. Now is an unbeatable time to buy or rent to own a property. Check everywhere for good deals, from near the Altamonte Springs Library and Lake Maltbie to around the Seminole County Softball Complex. You're bound to discover a house or condo that fits your needs.
Eat great food! Chow down on treats that satisfy your appetite any moment you desire. Esteemed eateries, like Eastern Pearl, Bubbalou's Bodacious BBQ and Cafe Murano ensure that you never go one single meal without getting your fill. How great is that?
Shop at Altamonte Mall! You could spend an afternoon here buying clothes and gadgets you need. The mall is home to stores like Aeropostale, Macy's and Dillard's. After running your errands, stop for a flick at the AMC Theater or a brew at Miller's Ale House.
Have no problem renting! Just under 48% of Altamonte Springs residents rent their home -- a rate greater than the national average. You can find plenty of condo and apartment rentals, as well as rent to own houses. Places like Charter Pointe Apartments and Villa Del Mar Apartments are great choices.
Enjoy lots of open listings! The vacancy rate of just under 10% is within a good range -- people are not moving out, but there's still a fair amount of places to be bought or rented. Spots such as Oasis at Pearl Lake Condominiums and the neighborhood around Sanlando Park, for example, are worth checking out. You may be even able to find options for rent to own homes.
Have your very own great lakes! There's a good deal of water in town. Major lakes include Lake Orienta, Lake Prairie, Lake Adelaide, Cranes Roost and Lake Florida. If you tally the numbers, that's five. You have your own Five Great Lakes. What's even better is that there are even more lakes in the vicinity. Feel free to fish or soak up the views.
Keep fit! Altamonte Springs offers plenty of areas to exercise, from walking through Lake Lotus Park to playing basketball at Lake Brantley Athletic Complex. Merrill Park also has a trail and baseball fields.