Rent to own Homes in Iona, FL
Iona is part of the Cape Coral-Fort Myers Metropolitan Area and has a population estimated at 12,000 residents. Given its prime location on the Atlantic Ocean, it is not surprising that Iona is home to some of the best weather in the state. With sunshine nearly every day, residents like to spend their days outdoors at nearby beaches in Fort Myers or at the Sanibel Marina. Iona receives a high livability score of 80 because of its affordable cost of living, stable housing market and great local amenities.
Iona, FL is a great place for affordable rent-to-own homes! With a median household income of over $55,197 and a median rent of $1,437, the Iona, 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 Iona, 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.
More Iona, FL Property Resources
Rent to own Homes in Cities Near Iona, FL
- Alva
- Bokeelia
- Bonita Springs
- Buckingham
- Burnt Store Marina
- Cape Coral
- Captiva
- Cypress Lake
- Estero
- Florida Gulf Coast University
- Fort Myers
- Fort Myers Beach
- Fort Myers Shores
- Gateway
- Harlem Heights
- Heritage Bay
- Iona
- Island Walk
- Lehigh Acres
- Lochmoor Waterway Estates
- Matlacha
- Matlacha Isles-Matlacha Shores
- McGregor
- Naples
- Naples Park
- North Fort Myers
- Olga
- Page Park
- Palmona Park
- Pelican Bay
- Pelican Marsh
- Pine Island Center
- Pineland
- Pine Manor
- Placida
- Punta Gorda
- Punta Rassa
- San Carlos Park
- Sanibel
- St. James City
- Suncoast Estates
- Three Oaks
- Tice
- Verandah
- Villas
- Vineyards
- Whiskey Creek
Neighborhoods in Iona, FL
Cinnamon Cove rent to own homes Kelly Greens Golf And Country Club rent to own homes Iona rent to own homesPopular Zip Codes in Iona, FL
No zip codes foundBuying a Home in Iona, FL
Iona, FL is seeing rapid growth and Iona, FL's' housing market remains not optimal with an average home price that is 5% above the 2024 national average. Iona, FL is part of Lee 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 Lee is 1.04% which is above the national average, which is 0.99%.
Median Home Price in Iona, FL
Median Rent in Iona, FL
Top 5 Reasons to Live in Iona, FL
Take advantage of the great outdoors! Given that 30% of Iona is located along the Atlantic coastline, it is not surprising that the favorite recreational activity of local residents is spending time near the water. Head to the Port Sanibel Marina to watch powerboats and sailboats dock or rent space at the marina for your personal watercraft. Book a trip with Fish Miss Hayden and climb about a sport fishing boat that will have you fishing for your dinner.
Great places to watch the games! Because residents of Florida love their professional baseball, basketball and football teams it is not surprising that there are several local watering holes in Iona that cater to this ground. Head to Cabana Burger Bar and Sports Cafe to catch a game while enjoying one of their dozen signature cheese burgers. Or, head to Doc Ford's Rum Bar and Grill for delicious fresh seafood caught the same day.
Delicious cuisine from local joints! Known for their catch of the day, Roadhouse Cafe is serving up the freshest and most delicious meals in Iona. Head over after 8 PM to enjoy dinner while listening to live jazz. For classic Italian fare, LaMotta's Italian Restaurant & Pizzeria makes a mean chicken parmigiana.
Home values trending upwards! Since you never want to buy a home in a city where properties are declining in value, newcomers to Iona will be happy to know that the median home value has increased 9.5% in one year to $219,700. With this figure expected to grow another 4% in 2015, now is the time to get a great deal in a neighborhood like Gateway or Punta Rassa.
Less expensive than neighboring cities! To purchase a single family home in a city like Fort Myers Beach will cost a median price of $308,235; however, in Iona a comparable home can be had for just $209,422. For the best inventory of rent to own homes look to a community like the City Center or Biggar.