Rent to own Homes in Macon, GA
Macon is the fourth largest city in the state of Georgia. As a result the median home sale price of $95,000 is significantly lower than the rest of the state. Over 50% of the homes in Macon are rented. This can largely be attributed to the prevalence of local colleges and universities. It won't be hard to find a place, as the vacancy rate is over 12% and highest during the summer months. Only about 35% of the homes in Macon are owned, and the city has a residential turnover rate of just above 12%.
Macon, GA is a great place for affordable rent-to-own homes! With the current housing shortage trend it can make it harder to become a homeowner, including in Macon, 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 Macon, GA Property Resources
Rent to own Homes in Cities Near Macon, GA
Neighborhoods in Macon, GA
Ingleside Historic District rent to own homes College Hill rent to own homes East Macon Historic District rent to own homes Pleasant Hill Historic District rent to own homes Intown Historic District rent to own homes Vineville Historic District rent to own homes Beall's Hill Historic District rent to own homes North Highlands Historic District rent to own homes Huguenin Heights Historic District rent to own homes Shirley Hills Historic District rent to own homesMedian Home Price in Macon, GA
Median Rent in Macon, GA
Average Cost of Living in Macon, GA
Macon, GA's overall cost of living is lower than the national average (74.7/100). Macon is below the national average in areas like groceries, healthcare, housing, and transportation, but Macon is higher in utilities. Macon is not far from Atlanta and is situated between the forest and beach. Georgia is ranked number 1 in the US for Kindergarten through 12th grade for early learning and higher education and has 50 public schools rated Good and higher by GreatSchools.com.
Average Home Prices in Macon, GA
The median home cost is $179,000 which is below the national average of $295,300. This median cost represents a 13.7% increase in home prices year-over-year. The supply of homes matches the demand, which means that Macon, GA is a balanced market. Houses, on average, stay on the market for only 49 days before being sold.
Macon Statistics
If you're interested in Macon rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common Macon statistics compared to the U.S. national average.
| Macon Averages | National Averages | |
|---|---|---|
| One-Way Commute | 21 minutes | 27.1 minutes |
| Violent Crime | 5.70 | 22.7 |
| Property Crime | 41.35 | 35.4 |
| Unemployment Rate | XXX444 | 35.4 |
| Income Tax Rate | 1 - 5.75% | 4.6% |
| Air Quality | AQI 50 | AQI 40 |
| Water Quality | Safe | Safe |
| Median Household Income | $41,334 | $79,900 |
| Median Property Taxes | $1,926.80 | $2,471 |
| Utilities | $169.63 | $171.67 |
| Monthly Rent | $1,007 | $1,098 |
| Median Home Cost | $179,000 | $295,300 |
| Median Home Age | 49 years | 37 years |
Outdoor Life
Residents of Macon enjoy a large number of outdoor activities. Swimming and fishing are particularly popular, as is kayaking, hiking, and camping. While the city is developed, it only takes a short ride in any direction to reach country roads and the great outdoors. Ocmulgee National Monument is a unique attraction as one of the oldest Native American settlements in the area. The large earthen domes that the Native Americans built are still a mystery to this day. Just outside the city limits is Lake Tobesofkee, a year round park with 35 miles of coastline. Water skiing, sailing, boating, fishing and picnics can be experienced here. One of the biggest attractions is the State Fair, which features helicopter rides, live tigers, and fireworks. Everyone from Perry to Fort Valley comes out for a week's worth of celebration that will be talked about until next year's fair comes to town.
Shopping
If you've got shopping on your mind, Macon's got you covered. Macon Mall is a two level, 1.1 million sq. foot retail lover's paradise. They've got every brand, style and accessory you could need. What they don't have the Shoppes at River Crossing will. For a shopping spree on a tighter budget, Tanger Outlets is only a short drive away. For the best shopping experience, Macon has a variety of small shops downtown. Stop in for antiques, jewelry, and art.
Neighborhoods
The neighborhoods in Macon are largely divided up by commercial district, proximity to the university and division by the interstate. The most prominent neighborhoods are to the northwest of City Center while the college centered areas are located mostly to the south. Below are a few of the more prominent living locations.
Macon, GA Frequently Asked Questions
Macon, GA can be considered a good place to live. It has a lower-than-average cost of living, excellent schools, and a balanced housing market.
Macon is considered only safer than 5% of cities in the US, it has one of the higher crime rates in America.
Macon is a city located in Bibb County, Georgia. But the state of Georgia also has a county called Macon.
