Rent to own Homes in Wesley Chapel, FL
The Per Capita Income is Higher than the State and National Averages! Residents in Wesley Chapel earn good incomes, with the median household income higher than the averages for the state and country. According to city data, workers make, on average, $66,000 annually. Compare that to the state average, which shows employees make approximately $44,000 per year. Therefore percentage wise, workers make 6.2% more than other Floridians and about 14% more than employees in the U.S.
Wesley Chapel, FL is a great place for affordable rent-to-own homes! With a median household income of over $86,945 and a median rent of $1,537, the Wesley Chapel, 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 Wesley Chapel, 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 Wesley Chapel, FL Property Resources
Rent to own Homes in Cities Near Wesley Chapel, FL
- Aripeka
- Bloomingdale
- Brookridge
- Dover
- East Lake
- Egypt Lake-Leto
- Elfers
- Gibsonton
- Holiday
- Hudson
- Lacoochee
- Lake Magdalene
- Lutz
- New Port Richey
- New Port Richey East
- North Brooksville
- Northdale
- Odessa
- Oldsmar
- Palm Harbor
- Palm River-Clair Mel
- Pasadena Hills
- Pebble Creek
- Plant City
- Port Richey
- Progress Village
- Quail Ridge
- Ridge Manor
- River Ridge
- Riverview
- Safety Harbor
- San Antonio
- Seffner
- Shady Hills
- South Brooksville
- Spring Hill
- Spring Lake
- Tampa
- Tarpon Springs
- Temple Terrace
- Thonotosassa
- Trinity
- Valrico
- Weeki Wachee
- Wesley Chapel
- Westchase
- Zephyrhills
- Zephyrhills North
- Zephyrhills South
- Zephyrhills West
Neighborhoods in Wesley Chapel, FL
Bridgewater rent to own homes Chapel Pines rent to own homes Dove Run rent to own homes Eloian rent to own homes Fox Ridge rent to own homes New River Ranchettes rent to own homes Terrace Park rent to own homes Timber Lake Estates Condo rent to own homes Alvarez Acres rent to own homes Ashley Pines rent to own homesPopular Zip Codes in Wesley Chapel, FL
33543 rent to own homesBuying a Home in Wesley Chapel, FL
Wesley Chapel, FL is seeing rapid growth and Wesley Chapel, FL's' housing market remains not optimal with an average home price that is 11% above the 2024 national average. Wesley Chapel, FL is part of Pasco 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 Pasco is 0.87% which is below the national average, which is 0.99%.
Median Home Price in Wesley Chapel, FL
Median Rent in Wesley Chapel, FL
Wesley Chapel, FL
Rent to Own Properties and Other Kinds of Rental Real Estate are Good Investments! Data shows that investors can ask more for rent to own homes and other kinds of rentals in Wesley Chapel. For example, the rent requested averages around $1,200 to $1,300 per month, which is higher than what can be obtained in the state (around $970) or, on average, in the U.S. ($870).
The Established House Value is Higher than the U.S. Average! Home values for mortgaged properties and rent to own houses are higher than the U.S. average, or about 6% more. The median value for a condo or house in 2011 was about $147,000.
Home Values Continue to Climb! If you buy a single family residence, condo, or townhouse, you can expect the appraised value to continue to climb. City data shows that the median value of a home is currently $14,000 more than it was about ten years ago. In addition, current real estate data shows the local home values have climbed almost 19.5% in the past year. Prices are expected to rise, this year, to over 8%.
The Italian Fare is Out of this World at the 345 Caffe Italiano! Whether you crave prosciutto on panini or are in the mood for an Italian espresso or gelato dessert, you'll find the ideal venue when you visit the 345 Caffe Italiano, formerly called the 365 Caffe Italiano - the ideal place to experience a little bit of Italy whenever you are hungry for Italian desserts or cuisine.
The Grillsmith is a Great Place to Meet for Lunch! You can enjoy the lunch and dinner selections at the Grillsmith any time, but you'll make an especially good impression with business clients if you take them to the Grillsmith for lunch. Entrees offered include such healthy selections as the fitness grilled salmon and lemon feta chicken.
The Air Quality in Wesley Chapel is Better than the U.S. Average! City data confirms that the air quality index or AQI is good in Wesley Chapel, better than what is calculated for the U.S. overall. The AQI for Wesley Chapel is 26.2 while the U.S. measure is 32.0.
Wesley Chapel is Home to the Quail Hollow Golf Course! Quail Hollow is a pleasant little course on which golfers like to relax and play. It's also a good course to walk if you want some additional exercise while playing the game.
You Can Bring Your Dog to the Shops at Wiregrass! Bring your leashed pet to the outdoor mall setting of the Shops at Wiregrass. Major retailers at the complex include Dillard's, JC Penney, and Macy's and a host of other high end shops and stores.