Rent to own Homes in Apopka, FL
Value you can afford. The median value of homes in Apopka is $148,200. This is a more affordable amount than the median for metropolitan Orlando, which is $155,200. Both prices represent the worth of all property in their areas, including those that are for sale, rent to own or not on the market.
Apopka, FL is a great place for affordable rent-to-own homes! With a median household income of over $69,343 and a median rent of $1,394, the Apopka, 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 Apopka, 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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More Apopka, FL Property Resources
Rent to own Homes in Cities Near Apopka, FL
- Alafaya
- Altamonte Springs
- Altoona
- Apopka
- Astatula
- Azalea Park
- Bay Hill
- Bay Lake
- Belle Isle
- Bithlo
- Black Hammock
- Buenaventura Lakes
- Casselberry
- Celebration
- Chuluota
- Clarcona
- Clermont
- Conway
- DeBary
- Deltona
- Doctor Phillips
- Eatonville
- Edgewood
- Eustis
- Fairview Shores
- Ferndale
- Fern Park
- Forest City
- Four Corners
- Geneva
- Goldenrod
- Gotha
- Groveland
- Heathrow
- Holden Heights
- Horizon West
- Howey-in-the-Hills
- Hunters Creek
- Kissimmee
- Lake Buena Vista
- Lake Hart
- Lake Kathryn
- Lake Mack-Forest Hills
- Lake Mary
- Leesburg
- Lisbon
- Lockhart
- Longwood
- Maitland
- Rio Pinar
Buying a Home in Apopka, FL
Apopka, FL is seeing rapid growth and Apopka, FL's' housing market remains not optimal with an average home price that is 16% above the 2023 national average. Apopka, FL is part of Orange 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 Orange is 0.94% which is below the national average, which is 0.99%.
Median Home Price in Apopka, FL
Median Rent in Apopka, FL
Top 8 Reasons to Live in Apopka
Getting fresh food. The Apopka Foliage and Fresh Market sells produce and flowers from local farmers and is held on Saturdays. If you can't wait that long because you need that cauliflower now, buy your food from Sustain Natural Market, which also has bulk herbs and spices, and gluten free delicacies.
Final lower than asking. Median list price in Apopka is $209,500, which equals $89 per square foot. At over 23% lower, the median sale price runs $161,600, which equals $85 a square foot. Ask a local agent about the best strategies to use for lowering the price, even for rent to own homes.
Go wild. Get a taste of the wild landscape at the city's many recreational facilities. For example, Wekiwa Springs State Park, located at the headwaters of the Wekiwa River, lets you take a refreshing dip in the springs. The Northwest Recreation Complex has multiples fields for almost every sport under the sun, sport courts, and a walking trail that's almost a mile long.
Good appreciation. After reaching a low at the beginning of 2012, the value of homes appreciated by almost 21% in the past year. Prices are expected to continue their rise by 10.6% by next year, even for rent to own houses.
Mobile eats. To try all the delicious food that's available from the area's food trucks, make time for the Apopka Food Truck Round Up, which is held on Thursday nights at Kit Land Nelson Park. Among the vendors you may find there are Big Bruno's Bite, featuring cheese steak, oysters, mussels and curry fries, and Gator Country BBQ with skewers, burgers, and corndogs.
Big price drops. If you want a property that's out of reach financially, consider waiting rather than giving up on it totally and looking for something else. About 29% of Apopka listings eventually get a price cut. A whopping 40% eventually sell for below their listing price. In comparison for metropolitan Orlando, about 33% of listings get cut and 38% sell for below the asking price.
Studying history. The Apopka Historical Society preserves the past by recognizing historic properties in the area. It also administers the Museum of the Apopkans, which contains artifacts related to the pioneers who built the city. It's always looking for volunteers.