Rent to own Homes in Miami Gardens, FL
Miami Gardens is a suburb of Miami, Florida, and it is known for its sun, tropical climate, and beaches. The name of the city came from one of the streets in the Miami area called Miami Gardens Drive. The population here has grown to almost 110,000 residents. The stadium of the area's professional football team, the Miami Dolphins, is located in Miami Gardens. The area's residents are working, middle-income residents, and there are many Caribbean immigrants living in the area.
Miami Gardens, FL is a great place for affordable rent-to-own homes! With a median household income of over $46,760 and a median rent of $1,320, the Miami Gardens, 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 Miami Gardens, 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 Miami Gardens, FL Property Resources
Rent to own Homes in Cities Near Miami Gardens, FL
- Aventura
- Bal Harbour
- Bay Harbor Islands
- Biscayne Park
- Boulevard Gardens
- Broadview Park
- Brownsville
- Coconut Creek
- Cooper City
- Coral Gables
- Coral Springs
- Coral Terrace
- Country Club
- Dania Beach
- Davie
- Deerfield Beach
- Kendale Lakes
- 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
- Palmetto Bay
- Palmetto Estates
- Palm Springs North
- Pembroke Park
- Pembroke Pines
- Pinewood
- Plantation
- Roosevelt Gardens
- Southwest Ranches
- Sunset
- Surfside
- Sweetwater
- Tamarac
- Tamiami
- The Hammocks
- Three Lakes
- Virginia Gardens
- Watergate
- West Little River
- Weston
Neighborhoods in Miami Gardens, FL
Vista Verde rent to own homes Walden Garden rent to own homes Scott Lake Manor rent to own homes Sunny Isles Inland rent to own homes Carol City Gardens rent to own homes Liberty rent to own homes Riverdale Estates rent to own homes Myrtle Grove rent to own homes Bunche Park rent to own homes Lake Lucerne rent to own homesBuying a Home in Miami Gardens, FL
Miami Gardens, FL is seeing rapid growth and Miami Gardens, FL's' housing market remains optimal with an average home price that is -0% below the 2024 national average. Miami Gardens, FL is part of Miami-Dade 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 Miami-Dade is 1.02% which is above the national average, which is 0.99%.
Median Home Price in Miami Gardens, FL
Median Rent in Miami Gardens, FL
Top Reasons to Live in Miami Gardens FL
Housing Statistics The median price of a home for sale is about $98,000, which is reasonable for living in the Miami metropolitan area. Most of the homes are recently developed with the average age of homes being around 35 years old. The majority of homes are 64 percent owner occupied, 29 percent rented and 6 percent vacant. The average cost of homes in the area is about $125,000 depending on the neighborhood. If you're interested in renting a home, the average price of a rental is $700 per month. If you're looking for a rent to own home option, you'll surely be able to find it in Miami Gardens.
Outdoor Activities Living in Florida, and in particular Miami-Dade County, you will definitely not run out of outdoor activities. Since you don't have to worry about cold temperatures, snow or ice, you can partake in outdoor activities throughout the year. Outside of your regular trips to the 20 miles of sandy white beaches, you can also jet ski, sail, fish, and swim. Some other outdoor activities include playing a game of golf on the 16 public golf courses throughout the city and visiting the popular Everglades and Biscayne National parks.
Local Shopping Take care of shopping needs by visiting the many shopping centers, stores, and outlet centers located in the area. Not only can you shop 'til you drop, but you'll be able to save a good deal of money at the outlet stores. The Calder Race Track is an area that has many shops. Another popular shopping center is the Miami Gardens Shopping Plaza. It has a variety of national shops to meet everyone's needs.
Local Sports Miami Gardens is home to Sun Life Stadium, where the Miami Dolphins play their home games. Just this attraction alone brings in tourists and activities throughout the city during the football season. There are community centers like the City of Miami Gardens Youth Sports (or CMGYS) that provide youth with a number of activities, including football, cheerleading, basketball, soccer, baseball, and track and field.
Tourist Attractions There are a number of tourist attractions in the city. The two main festivals, the Jazz Festival and the Martin Luther King, Jr. Festival, take place annually. The MLK event takes place during King's birthday month. The Jazz Festival takes place during March. There is also the African Heritage Festival. The Bass Museum of Art displays art from the Renaissance era to the modern era. Learn about Cuban heritage at the Cuban Museum of Arts and Culture. The Historical Museum of South Florida displays everything you ever wanted to know about Florida. The Spanish Monastery showcases the Spanish cultural influence in America. Another local favorite is the exquisite Vizcaya Museum and Gardens. It's a mixture of the Roman Empire, Victorian picturesque, and the Renaissance era. Many people have their weddings here. Whatever you do, don't forget your camera!