Rent to own Homes in Opa-locka, FL
Welcome to the wonderland that is the city of Opa-locka. Located just 12 miles north of Miami and home to nearly 16,000, living in Opa-locka gives you the sensation you're playing a role in a tale in "One Thousand and One Nights"; in fact, inspiration for the town's architecture and design comes from that book. That's cool. What makes the town even cooler is the host of amenities, recreation, dining, and shopping at your disposal. Overall, life in Opa-locka is beautiful.
Opa-locka, FL is a great place for affordable rent-to-own homes! With a median household income of over $22,494 and a median rent of $894, the Opa-locka, 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 Opa-locka, 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 Opa-locka, FL Property Resources
Rent to own Homes in Cities Near Opa-locka, 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
Popular Zip Codes in Opa-locka, FL
33054 rent to own homesBuying a Home in Opa-locka, FL
Opa-locka, FL is seeing rapid growth and Opa-locka, FL's' housing market remains optimal with an average home price that is -22% below the 2024 national average. Opa-locka, 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 Opa-locka, FL
Median Rent in Opa-locka, FL
Top 5 Reasons to Live in Opa-locka, FL
Tour the Opa-locka Thematic Resource Area! Glenn Curtiss, who envisioned and developed the town with a theme of "One Thousand and One Nights" in mind, made sure that buildings and structures in the city were built in true Moorish architectural style. The Opa-locka Thematic Resource Area, with landmarks such as the Harry Hurt Building, Opa-locka City Hall, and the Opa-locka Tri-Rail Station, is the shining example of just how beautiful the city is. So go out and enjoy the architecture.
Have no trouble renting! With 67.2% of housing units renter-occupied, it's clear that Opa-locka caters to renters. Whether you want an apartment, townhouse, or house, you'll be able to find something suitable in no time. Try looking near Sherbondy Park or around Lake Henry.
Go out for a meal! Residents of Opa-locka don't have to make the trek to Miami to eat something delicious. For a casual breakfast or brunch, head to McGee's Diner. For tasty island fare, go to La Esquina Caribena. And for a range of terrific veggie dishes, place an order at Bobby's Meal. Whatever your appetite desires, Opa-Locka has an eatery ready to please.
Be an owner in a hot market! Property value in Opa-locka has increased by more than 15.0% over the past year, and while that pace of growth is expected to slow, experts still are predicting that housing value will continue to go up in the coming years. That makes now a good time to be a homeowner in Opa-locka. If you aren't certain about buying, know that there are some rent to own listings in the city as well. You can't go wrong getting a home in subdivisions like Miami Gardens Manor and Palmetto Park Estates.
Get outside and enjoy the day! Lots of sunshine, a warm climate, ample green space, and proximity to the Atlantic Ocean means there is always an excuse to play outdoors in Opa-Locka. Whether it's watching planes take off at Opa-Locka Executive Airport, taking pony rides at Amelia Earhart Park, or relaxing at Ingram Park, fun can be had everyday in Opa-locka. Additionally, the pristine sand of Miami Beach is within a short distance of the city, which means you can soak in the sun on the beach anytime you please.