Rent to own Homes in Franklin Park, FL
Franklin Park, FL is a great place for affordable rent-to-own homes! With a median household income of over $39,461 and a median rent of $826, the Franklin Park, 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 Franklin Park, 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 Franklin Park, FL
- Aventura
- Bal Harbour
- Bay Harbor Islands
- Biscayne Park
- Boca Raton
- Boulevard Gardens
- Boynton Beach
- Broadview Park
- Brownsville
- Coconut Creek
- Cooper City
- Coral Springs
- Country Club
- Dania
- Dania Beach
- Davie
- Deerfield Beach
- Delray Beach
- Gulf Stream
- Hallandale
- Lauderdale-by-the-Sea
- Lauderdale Lakes
- Lauderhill
- Lighthouse Point
- Margate
- Miami Gardens
- Miami Lakes
- Miami Shores
- North Lauderdale
- North Miami Beach
- Oakland Park
- Ojus
- Opa-locka
- Palm Springs North
- Pembroke Park
- Pembroke Pines
- Pinewood
- Plantation
- Roosevelt Gardens
- Sea Ranch Lakes
- Southwest Ranches
- Surfside
- Tamarac
- Virginia Gardens
- Washington Park
- Watergate
- West Little River
- Weston
- West Park
- Westview
Neighborhoods in Franklin Park, FL
Franklin Park rent to own homesPopular Zip Codes in Franklin Park, FL
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Franklin Park, FL is seeing rapid growth and Franklin Park, FL's' housing market remains optimal with an average home price that is -100% below the 2024 national average. Franklin Park, FL is part of Broward 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 Broward is 1.08% which is above the national average, which is 0.99%.