Rent to own Homes in McDonough, GA
The county seat of Henry County, Georgia, McDonough's population rests at just over 22,000 residents. The city was originally founded in 1823 and named after its settler, Thomas MacDonough. Early on in the American expansion, McDonough served as a crucial relay station from New York to New Orleans, creating a variety of interesting historical sites. McDonough occupies a land area of just under 13 square miles, giving residents plenty of space to live, work and play.
McDonough, GA is a great place for affordable rent-to-own homes! With a median household income of over $69,916 and a median rent of $1,197, the McDonough, 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 McDonough, 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 McDonough, GA Property Resources
Rent to own Homes in Cities Near McDonough, GA
- Atlanta
- Avondale Estates
- Belvedere Park
- Bonanza
- Brooks
- Candler-McAfee
- Clarkston
- College Park
- Conley
- Covington
- Decatur
- Druid Hills
- East Griffin
- East Point
- Ellenwood
- Experiment
- Fayetteville
- Flovilla
- Forest Park
- Gresham Park
- Griffin
- Hampton
- Hapeville
- Heron Bay
- Irondale
- Jonesboro
- Lake City
- Lithonia
- Locust Grove
- Lovejoy
- McDonough
- Milner
- Morrow
- North Decatur
- Orchard Hill
- Panthersville
- Peachtree City
- Pine Lake
- Porterdale
- Redan
- Rex
- Riverdale
- Scottdale
- Stockbridge
- Stonecrest
- Stone Mountain
- Sunny Side
- Union City
- Williamson
- Woolsey
Neighborhoods in McDonough, GA
Overlook rent to own homes City Square rent to own homes Wesley Lake rent to own homes Mcdonough rent to own homes Avalon rent to own homesPopular Zip Codes in McDonough, GA
30253 rent to own homesBuying a Home in McDonough, GA
McDonough, GA is seeing rapid growth and McDonough, GA's' housing market remains optimal with an average home price that is -20% below the 2024 national average. McDonough, GA is part of Henry 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 Henry is 1.07% which is above the national average, which is 0.99%.
Median Home Price in McDonough, GA
Median Rent in McDonough, GA
6 Reasons to Live in McDonough, Georgia
Learn about the local history! With its rich history during the turbulent early days of the United States, McDonough still maintains many of its early buildings from the original town square. The Main Street Program Office in the city square is uniquely housed within an old Standard Oil service station from 1920. There is also a monument in the center of the city square dedicated to fallen soldiers from the Civil War.
Tons of housing options to choose from! At any given time there are hundreds of real estate listings for the McDonough area. This gives prospective home buyers the opportunity to find homes for sale that are both affordable and fit their individual needs. Start your search with homes around Meadowbrook Dr. or Pinnacle Ln. for some cheaper housing options. An average home value lower than the rest of Georgia makes McDonough an ideal place to buy a home as well.
Affordable rental options! Those looking at homes for rent will find that the price per month is lower than the national average. For the cheapest renting options, start your search with rentals around King Blvd. or Spruce Dr. If you want to build into the home ownership role, you can also choose from many rent to own options within the McDonough community.
Plenty of local events to enjoy! The local McDonough Lions Club hosts a variety of special events, including the annual Geranium Festival every third Saturday of May, bringing the community together to enjoy locally grown flowers. Every month there are events to enjoy, including the popular annual Miss Celebrate Freedom Pageant.
Get outdoors and enjoy the parks! Georgia is well-known for its beautiful landscapes and residents of McDonough regularly enjoy the local beauty by visiting a nearby park. The two largest parks in the area are the sprawling 39-acre Red Hawk Nature Preserve Park and the 34-acre Sandy Ridge Park.
Open up your sporting side! McDonough also offers sporting opportunities both for those who are already actively involved in a sport or for the beginner who wishes to learn. Enjoy a day at the green at the Cotton Fields Golf Club or check out fishing opportunities at the HCWSA Reservoirs.