Rent to own Homes in Lauderdale Lakes, FL
With a town motto of "We care!," Lauderdale Lakes is one of Florida's friendliest towns, putting plenty of effort into preserving the city and making sure its residents have a lot to enjoy. There are plenty of jobs available, and local residents take advantage of the many resources in the area. The Vincent Torres Memorial Park, which is close to Middle River, is a good example of how the city strives to make pretty places for residents to spend their free time.
Lauderdale Lakes, FL is a great place for affordable rent-to-own homes! With a median household income of over $36,103 and a median rent of $1,123, the Lauderdale Lakes, 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 Lauderdale Lakes, 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 Lauderdale Lakes, FL Property Resources
Rent to own Homes in Cities Near Lauderdale Lakes, 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
- Golf
- 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 Lauderdale Lakes, FL
Lauderdale Lakes North Gate rent to own homes Oriole Estates rent to own homes Lauderdale Lakes West Gate rent to own homes Lauderdale Lakes East Gate rent to own homes Oakland Estates rent to own homesPopular Zip Codes in Lauderdale Lakes, FL
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Lauderdale Lakes, FL is seeing rapid growth and Lauderdale Lakes, FL's' housing market remains optimal with an average home price that is -44% below the 2024 national average. Lauderdale Lakes, 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%.
Median Home Price in Lauderdale Lakes, FL
Median Rent in Lauderdale Lakes, FL
Top 6 Reasons to Move to Lauderdale Lakes
Parks Galore! Lauderdale Lakes loves to keep its city green all year round, and they pride themselves on having a bounty of public parks, which people in nearby homes can enjoy. The Cypress Preserve Conservation Park has a lot of beautiful walking paths, as well as a Butterfly Garden and a few places to grill out. The Northgate Neighborhood Park has a basketball court and a half-mile walking trail that is a great place to get a little dose of sunshine and nature.
Rising Home Values! If you're thinking about buying a home or looking for a rent to own house in this part of Florida, this city is a great choice! Home values rose by 16% in 2012, which means that getting in now could make you money in the future! It's a wise investment to head over here and start looking for an affordable home, especially near the Middle River Canal where you can have a lovely water view! Lauderdale Lakes is also close to the Florida Medical Center, which provides jobs for many people in the area.
Close to the Freeway! Lauderdale Lakes is basically a commuter's dream. It's located right next to the Florida Turnpike, which runs right up to Pompano Beach and down into Miami. It's also conveniently located right off of Route 7, so it's easy to travel in and around the area
Fort Lauderdale Fun! Lauderdale Lakes is located just outside of Fort Lauderdale, so you can take a short drive from your house and arrive downtown, where even more action is happening! Fort Lauderdale has plenty of nightclubs, restaurants and other attractions to keep you entertained. Check out the Galleria at Fort Lauderdale for world class shopping, and head to the Art Institute of Fort Lauderdale to see some awesome art exhibits.
Beautiful weather! Florida is known for its great weather, and Lauderdale Lakes is no exception. The weather is one of the biggest draws, especially to people coming from northern climates who don't want to deal with the snow anymore. Year-round warm weather and sunshine mean that the community here can spend more time teeing up at the Woodlands Country Club or dining outside at the excellent local restaurants, like the Inverray Club.
High vacancy rates! Lauderdale Lakes has many homes and apartments available! In fact, the vacancy rate is over 22%! And if you're planning to find a job when you arrive, you'll be happy to know that job growth is on the rise. Lauderdale Lakes Parks & Recreation is one of the biggest employers in the area, and people can also find jobs at the local bars and restaurants, like the Tip Top Pub or the Boston Lounge.