Rent to own Homes in Sebastian, FL
Sebastian began as a fishing community in the late 19th century. Finally incorporated as a city in 1923, Sebastian was originally known as St. Sebastian; however the prefix was dropped in subsequent years. Located in Indian River County, this city is now home to about 22,000 people and Pelican Island, the first official wildlife refuge in the United States. Treasured by its residents as a waterfront, nature-filled city, Sebastian boasts plenty of parks, greenery and natural spaces.
Sebastian, FL is a great place for affordable rent-to-own homes! With a median household income of over $54,986 and a median rent of $1,156, the Sebastian, 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 Sebastian, 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 Sebastian, FL Property Resources
Rent to own Homes in Cities Near Sebastian, FL
- Fellsmere
- Florida Ridge
- Fort Pierce
- Fort Pierce North
- Fort Pierce South
- Gifford
- Grant
- Grant-Valkaria
- Hutchinson Island South
- Indian River Estates
- Indian River Shores
- Lakewood Park
- Micco
- Orchid
- Palm Bay
- Port St. Lucie
- River Park
- Roseland
- Sebastian
- South Beach
- St. Lucie Village
- Vero Beach
- Vero Beach South
- Vero Lake Estates
- Wabasso
- Wabasso Beach
- West Vero Corridor
- White City
- Windsor
- Winter Beach
Neighborhoods in Sebastian, FL
Sebastian Highlands rent to own homesBuying a Home in Sebastian, FL
Sebastian, FL is seeing rapid growth and Sebastian, FL's' housing market remains optimal with an average home price that is -8% below the 2024 national average. Sebastian, FL is part of Indian River 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 Indian River is 0.9% which is below the national average, which is 0.99%.
Median Home Price in Sebastian, FL
Median Rent in Sebastian, FL
Top 5 Reasons to Live in Sebastian, FL
Those awesome Florida temperatures! Florida's weather averages just under 90 degrees Fahrenheit in July and still has some balmy 20 degree weather in January. What's not to love about such moderate, comfortable temperatures? This is not only a great place to grow up, live and work but also a great place to retire. Why not do all three? Whether you prefer a rental house on Indian River Drive, a new home on Maple Street or a rent to own contract home along Redwood Ct; options here are plentiful.
Opportunities for business development and growth! The Sebastian River Area Chamber of Commerce welcomes business owners in need of commerce and industrial land. Get in touch with the local Economic Development Center to learn more. If you'd prefer to find a local job instead of opening your own business, check out leads in healthcare, retail and customer services.
Affordable waterfront rental apartments! There are seafront rental apartments and homes for sale in Sebastian to fit most budgets. Riverview Park is one of the most attractive residential areas along the shore, with rental costs as low as $700 per month. Cleveland Street, Coolidge Street and Martin Avenue also have some great properties just a minute or so back from the shoreline.
Properties for sale to match any budget! Whether your budget is $150,000 or $600,000, it's possible to find a wonderful new home in Sebastian. Fortunately, the median home sale value is on the lower end of the scale! Look for modern, good-value homes along Lakeview Drive or small acreages out by Foster Road.
Treasure coast! The sea views aren't just great to look at; they are reportedly holding a bevvy of Spanish plunder. In 1715, a fleet of Spanish ships that were headed back to Europe wrecked along the aptly-named Treasure Coast -- a name given to the land between Palm Beach and Space Coast. Only a small percentage of their booty was ever found. Feel like scuba diving?