Rent to own Homes in Palm River-Clair Mel, FL
Palm River-Clair Mel is part of Hillsborough County in Florida, just about 5 miles east-southeast of downtown Tampa. Essentially the union of Clair City and surrounding Palm River, both unincorporated territories, the area's rich with palm trees and access to the wildlife of nearby waterways. Its outer-Tampa location offers several unique benefits for folks who enjoy a little peace and quiet, but like the option of excitement nearby.
Palm River-Clair Mel, FL is a great place for affordable rent-to-own homes! With a median household income of over $47,709 and a median rent of $1,018, the Palm River-Clair Mel, 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 Palm River-Clair Mel, 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 Palm River-Clair Mel, FL Property Resources
Rent to own Homes in Cities Near Palm River-Clair Mel, FL
- Apollo Beach
- Balm
- Bloomingdale
- Brandon
- Carrollwood
- Cheval
- Citrus Park
- Clearwater
- Crystal Springs
- Dover
- East Lake
- East Lake-Orient Park
- Egypt Lake-Leto
- Feather Sound
- Fish Hawk
- Gibsonton
- Gulfport
- Kenneth City
- Keystone
- Lakeland
- Lake Magdalene
- Land O' Lakes
- Largo
- Lealman
- Lithia
- Lutz
- Mango
- Mulberry
- Myakka City
- Northdale
- Odessa
- Oldsmar
- Parrish
- Pebble Creek
- Pinellas Park
- Plant City
- Progress Village
- Riverview
- Ruskin
- Safety Harbor
- South Highpoint
- Sun City Center
- Temple Terrace
- Thonotosassa
- Valrico
- Wesley Chapel
- Westchase
- West Lealman
- Willow Oak
- Wimauma
Neighborhoods in Palm River-Clair Mel, FL
Green Ridge Estates rent to own homes Pavilion rent to own homes Winston Park rent to own homesPopular Zip Codes in Palm River-Clair Mel, FL
33619 rent to own homesBuying a Home in Palm River-Clair Mel, FL
Palm River-Clair Mel, FL is seeing rapid growth and Palm River-Clair Mel, FL's' housing market remains optimal with an average home price that is -31% below the 2024 national average. Palm River-Clair Mel, FL is part of Hillsborough 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 Hillsborough is 1.09% which is above the national average, which is 0.99%.
Median Home Price in Palm River-Clair Mel, FL
Median Rent in Palm River-Clair Mel, FL
Top 7 Reasons to Live in Palm River-Clair Mel, FL
Enjoy nightlife! Music fans can check out new sounds at the Orpheum or the Ritz-Ybor. Both places pride themselves on intimate performances of up-and-coming bands!
Explore nature! Local Crystal River Ventures offers a chance to see turtles, tarpon, snapper and manatees while sipping hot chocolate with your tour guide! For a more shielded experience, the Florida Aquarium showcases glow-in-the-dark fish, sharks and penguin shows! There's even a splash playground and full bar.
Embrace local fun-loving culture! At the Tampa Improv Comedy Center in Centro Ybor you might see nationally-famed headliners or upcoming locals like Dave Celestian or Tim Wilkins. Just a bit further away, in the Carrollwood area of Tampa, you'll find the Side Splitters Comedy Club. If you're looking for a more physical activity, Town & Country Skateworld offers roller skating packages for date nights, small groups or birthday parties.
Rising home values! The Palm River-Clair Mel area has seen a steady rise in home value over time. In 2013, the mean house or condo value here was $77,478--that's up from $66,000 in 2000. As a buyer, you might be happy to know that's still a price far below the Florida state average--almost half! Homes on Palm River Drive will have direct access to the Selmon Expressway.
Room to grow! The vacancy rate in the area is 9%, boosting the chances for finding the perfect home to buy or rent. If you're scoping out rent to own homes, the median gross monthly in 2012 was $903--making this a lucrative place to own property. For something near the water, try South 58th Street, but if city center is more your style then something around Causeway Boulevard.
Easy commute! Half of Palm River-Clair Mel commutes to work in 20 minutes or less! If you take the Selmon Expressway into Tampa, you'll drive right past the Florida Aquarium. The Expressway is also close to a Sentry Self-Storage business that can help with your stuff while you're house-hunting.