Rent to own Homes in Milledgeville, GA
Milledgeville, Georgia was named for 19th century governor, John Milledge, and served as the state capitol from 1804 to 1868. The land was originally occupied by the Creek nation. Bordered by the Oconee River, the town is northeast of Macon and is home to over 18,000 citizens. It is also known as the only place that requires a train to stop at a red light. Milledgeville is a great place to live for a simple, charming lifestyle.
Milledgeville, GA is a great place for affordable rent-to-own homes! With a median household income of over $32,235 and a median rent of $716, the Milledgeville, 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 Milledgeville, 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.
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Rent to own Homes in Cities Near Milledgeville, GA
Neighborhoods in Milledgeville, GA
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Milledgeville, GA is seeing rapid growth and Milledgeville, GA's' housing market remains optimal with an average home price that is -37% below the 2024 national average. Milledgeville, GA is part of Baldwin 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 Baldwin is 0.66% which is below the national average, which is 0.99%.
Median Home Price in Milledgeville, GA
Median Rent in Milledgeville, GA
Five Reasons to Live in Milledgeville, Georgia
High vacancy, low property tax! If you're ready to enjoy southern living in Milledgeville, you'll be pleased that vacancies are at 19.42 percent, much higher than the national average. You'll have your pick of the properties in almost any neighborhood, but your best chance of finding a vacant dream home is in the Vinson Southeast Highway neighborhood, the location of the Berry Farm Conservation Area and Central State Hospital. Vacancies here are a whopping 37 percent.
Sweet prices for homes! Median home prices in Milledgeville hover around $119,000.00, which is nearly $51,000.00 less than the national average. When you're looking for that perfect rent to own home, you can take your pick from nine neighborhoods. For the most unbelievably reasonable home prices, be sure to investigate the Hardwick neighborhood, where a medium sized house will cost $42,000.00. Hardwick is also the location of Pecan Grove and the Lockerly Arboretum.
Get a slice of history! Milledgeville's slogan is Capitals, Columns and Culture, and for good reason: This town has retained its old-timey feel while providing modern amenities for its residents. Be sure to visit St. Stephen's Episcopal Church, which was an overnight stop for General Sherman and his horses. While you're in town looking for a job or a home, stay at the Antebellum Bed and Breakfast, built in 1890, for restful evenings and delicious morning fare.
Have fun around town! You don't have to travel too far to find some fun in Milledgeville. Enjoy a day at the park or playground at Huley Park or Central City Park. Enjoy First Friday with your fellow residents for some music and good food.
Commute times are short! Milledgeville residents have the pleasure of enjoying one of the shortest commute times in the nation, only 15 minutes on average. It's nice to know that whether you're headed out to eat at the Arby's on the north side of town or headed to the Central State Hospital on the south side, you can be there in minutes.