Rent to own Homes in Decatur, GA
For Mayberry-like living close to the big city, Decatur, a town of only 20,000 people, is five miles east of downtown Atlanta. Founded in 1829, Decatur is a historic town that predates Atlanta, and contains an impressive mix of old and new neighborhoods with a booming housing market. The town has its own city government, school system, and a charming, historic courthouse square at its heart. You'll also find plenty of green space, including dog parks, in this pedestrian and bike-friendly burg.
Decatur, GA is a great place for affordable rent-to-own homes! With a median household income of over $114,615 and a median rent of $1,339, the Decatur, 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 Decatur, 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 Decatur, GA Property Resources
Rent to own Homes in Cities Near Decatur, GA
- Alpharetta
- Atlanta
- Austell
- Avondale Estates
- Belvedere Park
- Berkeley Lake
- Brookhaven
- Candler-McAfee
- Chamblee
- Clarkston
- Conyers
- Decatur
- Doraville
- Douglasville
- Duluth
- Dunwoody
- Ellenwood
- Fair Oaks
- Gresham Park
- Hapeville
- Lake City
- Lakeview Estates
- Lilburn
- Lithonia
- Mableton
- Milstead
- Mountain Park
- North Atlanta
- North Decatur
- North Druid Hills
- Palmetto
- Panthersville
- Peachtree Corners
- Pine Lake
- Powder Springs
- Redan
- Riverdale
- Roswell
- Sandy Springs
- Scottdale
- Smyrna
- Snellville
- Stockbridge
- Stonecrest
- Stone Mountain
- Suwanee
- Tucker
- Union City
- Vinings
- Woodstock
Neighborhoods in Decatur, GA
Sycamore Street rent to own homes Downtown Decatur rent to own homes Oakhurst rent to own homes Chelsea Heights rent to own homes MAK Historic District rent to own homes Winnona Park Historic District rent to own homes Adair Park rent to own homes College Heights rent to own homes Ponce De Leon Court Historic District rent to own homes Decatur rent to own homesBuying a Home in Decatur, GA
Decatur, GA is seeing rapid growth and Decatur, GA's' housing market remains not optimal with an average home price that is 152% above the 2024 national average. Decatur, GA is part of DeKalb 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 DeKalb is 1.04% which is above the national average, which is 0.99%.
Median Home Price in Decatur, GA
Median Rent in Decatur, GA
Top 4 Reasons to Live in Decatur, GA
A happening culinary and craft beer scene! Decatur is home to a handful of nationally recognized pubs and restaurants. The Kimball House was recently named by Southern Living magazine as one of the top new restaurants in the South. The Brick Store Pub has been consistently rated as one of the best craft beer bars in the country by the likes of Esquire. And these establishments are locally-owned and operated businesses that give back the community by helping local charities.
If you like books and music, you'll love Decatur! Top music acts such as John Mayer and Sugarland got their start in Decatur at the renowned acoustic music hall Eddie's Attic. The venue is widely considered a hotbed for burgeoning musical talent and the best place in the Atlanta metro area to catch an intimate concert. The Decatur Book Festival bills itself as "the largest independent book festival in the country" and brings best-selling and up-and-coming authors to the community each Labor Day weekend.
A growing market! The Decatur real estate market has been consistently hot since 2000. Home values have appreciated 47% in the last five years alone, with a 2014 median sales price of 350K. In 2000 the median was 200K. Neighborhoods like Winnona Park and Oakhurst are sought out for amenities such as large public parks. And every neighborhood within the city limits is close to plentiful shopping and dining options a short drive or walk away.
A variety of property styles and neighborhoods! Whether you're looking for a rental, a rent to own unit or a home for sale, you'll likely find a housing style and neighborhood to suit your tastes in Decatur. From historic properties around Agnes-Scott College to warehouses converted into loft spaces near downtown and newly-built homes in the Sycamore Ridge and Oakhurst neighborhoods. Downtown is also home to a few modern condo and apartment developments near the square, for those who want the best of in-town living.