Rent to own Homes in Leesburg, FL
Florida is often regarded as an enigma when it comes to the makeup of the state. Depending on what part of the state you live in, you can have a completely different cultural experience. In Leesburg, the atmosphere is very much that of a small town. First settled in 1857 by Evander McIver Lee, the city of Leesburg was incorporated in 1875. For the first half of the 20th century, Leesburg was one of the major sources of watermelon production in the U.S. and is still known for its watermelon today. The most recent census shows Leesburg with a population of 19,086. This small city in Lake County, Florida sits between Lake Griffin and Lake Harris and has a total land area of 24.5 square miles.
Leesburg, FL is a great place for affordable rent-to-own homes! With a median household income of over $38,026 and a median rent of $926, the Leesburg, 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 Leesburg, 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 Leesburg, FL Property Resources
Rent to own Homes in Cities Near Leesburg, FL
- Altoona
- Apopka
- Astatula
- Belleview
- Bushnell
- Center Hill
- Clermont
- Coleman
- Eustis
- Ferndale
- Fort Mc Coy
- Fruitland Park
- Grand Island
- Groveland
- Howey-in-the-Hills
- Lady Lake
- Lake Panasoffkee
- Leesburg
- Lisbon
- Marion Oaks
- Mascotte
- Minneola
- Montverde
- Mount Dora
- Mount Plymouth
- Oakland
- Ocklawaha
- Ocoee
- Okahumpka
- Oxford
- Paisley
- Paradise Heights
- Pittman
- Silver Lake
- Silver Springs
- Silver Springs Shores
- Silver Springs Shores East
- Sorrento
- South Apopka
- Summerfield
- Sumterville
- Tangerine
- Tavares
- The Villages
- Umatilla
- Webster
- Weirsdale
- Wildwood
- Yalaha
- Zellwood
Neighborhoods in Leesburg, FL
Leesburg rent to own homes Highland Lakes rent to own homes Hammock Groves Estates rent to own homes Sunnyside Trails rent to own homes Arlington Ridge rent to own homes Downtown Leesburg rent to own homes Legacy Of Leesburg rent to own homes Park Hill rent to own homes Palmora rent to own homes Venetian Gardens rent to own homesBuying a Home in Leesburg, FL
Leesburg, FL is seeing rapid growth and Leesburg, FL's' housing market remains optimal with an average home price that is -26% below the 2024 national average. Leesburg, FL is part of Lake 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 Lake is 0.98% which is below the national average, which is 0.99%.
Median Home Price in Leesburg, FL
Median Rent in Leesburg, FL
Top 5 Reasons to Live in Leesburg, Florida
Sporting and outdoor activities! The city has a strong sense of community and residents enjoy outdoor activities. One popular pastime includes going to The Gun Shop Inc. & Gun Range for some target practice. If you prefer a more athletic activity, pay a visit to Skate World.
Get a sense of the local history! With the small town atmosphere comes a certain sense of pride in local history. The Paquette's Historical Farmall Museum is a perfect community gathering place and offers a look back at the area's roots. If you want to go off the beaten path, Main Street Antiques provides some interesting pieces and gives you the opportunity to build your antique collection.
Enjoy the Recreation Department! The Recreation Department of Leesburg takes pride in its ability to build and maintain beautiful parks. Whether you want to get out and swim, play some basketball or enjoy an urban park, The Leesburg Recreation Complex is the ideal destination. If you prefer walking through the wilderness, pay a visit to the Venetian Gardens and enjoy the beautiful scenery.
Always a good deal to find on real estate! The average price of homes for sale is well below the national average. This makes finding real estate much easier for the prospective resident. Both the Yalaha and Okahumpka neighborhoods are great areas to explore for rent to own or traditional sale homes.
Rentals can offer some great amenities! Even though home prices are great, some people aren't ready to take the plunge. That's fine in Leesburg, where the average rent is below the national average, The real advantage of rentals here is that you get plenty of amenities built into the deal. Arbours at Silver Lake offers some of the most affordable rates in the area, and offers a pool, patios, and other amenities. Alternatively, Harbor Vistas Condos is another great option for locals.