Rent to own Homes in Athens, GA
Home to the B-52s and R.E.M., Athens, Georgia, is known as much for its college music scene as the University of Georgia. With its distinctive Victorian-era downtown and its three colleges, this modern college town attracts plenty of artists and other creatives to its city borders.
Athens, GA is a great place for affordable rent-to-own homes! With a median household income of over $39,713 and a median rent of $871, the Athens, GA 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 Athens, GA. 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 Athens, GA Property Resources
Rent to own Homes in Cities Near Athens, GA
- Arcade
- Athens Clarke County
- Athens
- Auburn
- Bethlehem
- Between
- Bishop
- Bogart
- Bostwick
- Braselton
- Carl
- Conyers
- Covington
- Dacula
- Good Hope
- Grayson
- Hoschton
- Jefferson
- Jersey
- Lakeview Estates
- Lawrenceville
- Loganville
- Madison
- Mansfield
- Milstead
- Monroe
- Newborn
- North High Shoals
- Oxford
- Pendergrass
- Porterdale
- Russell
- Rutledge
- Snellville
- Social Circle
- Statham
- Walnut Grove
- Watkinsville
- Winder
Neighborhoods in Athens, GA
Berkley Hills rent to own homes Green Crestwood rent to own homes River District rent to own homes West Downtown rent to own homes Pulaski Heights rent to own homes Historic Dearing Street rent to own homes Reese Street Historic District rent to own homes Midtown Bloomfield rent to own homes Milledge Avenue Historic District rent to own homes Baxter rent to own homesBuying a Home in Athens, GA
Athens, GA is seeing rapid growth and Athens, GA's' housing market remains optimal with an average home price that is -14% below the 2024 national average. Athens, GA is part of Clarke 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 Clarke is 0.96% which is below the national average, which is 0.99%.
Median Home Price in Athens, GA
Median Rent in Athens, GA
Top Reasons to Live in Athens GA
Housing in Athens, Georgia Although the local college population has helped soften high vacancy rates, rental vacancies were at 17.22 percent in 2011. During the same year, 43.41 percent of people rented their homes. This figure is approximately 8 percent higher than the national and state average. Annual residential turnover is 32.39 percent, but those numbers are skewed higher than other areas due to post-secondary students.
Large Employers and Important Industries With nearly 10,000 employees, the University of Georgia remains Athens largest employer. The second largest employer, Athens Regional Medical Center, employs less than 3,000 workers. Only four other companies- Clarke County School District, Pilgrim's Pride, Athens-Clarke County Unified Government and St. Mary's Hospital- employ more than 1000 people.
Athens' Annual Festivals and Events Athens also receives thousands of visitors who come to enjoy local festivals planned throughout the year. For foodies, there is the Classic City BBQ Festival in August, the Classic City Brew-Fest in April, and the Athens Wine Weekends in January and February. People traveling to Athens to see the birthplace of their favorite band may plan their trip around the Twilight Americana music festival in April, the AthFest in June, or the Classic City American Music Festival in July.
Neighborhoods in Athens In 1991, Athens voted to combine governments with the county and officially become Athens-Clarke County. Due to the newly consolidated government, the area has gained several new neighborhoods. However, it's the decades-old, original Athens neighborhoods that preserve this area's unique heritage.