Rent to own Homes in Perry, GA
Located in the Macon Metropolitan Area, Perry has a growing population estimated at 12,000 residents. Founded in 1823, Perry has gone from an agricultural community to the site of the historic and iconic Georgia National Fair. Today, tourism continues to play a vital role in the economy of the city, and Perry is home to several hotels and restaurants. Residents of Perry rave about the great weather that affords them time to spend at the numerous parks in the city.
Perry, GA is a great place for affordable rent-to-own homes! With a median household income of over $56,389 and a median rent of $790, the Perry, 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 Perry, 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 Perry, GA
Neighborhoods in Perry, GA
Grand Reserve rent to own homes Perry Downtown rent to own homes Perry rent to own homesPopular Zip Codes in Perry, GA
31069 rent to own homesBuying a Home in Perry, GA
Perry, GA is seeing rapid growth and Perry, GA's' housing market remains optimal with an average home price that is -29% below the 2024 national average. Perry, GA is part of Houston 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 Houston is 0.86% which is below the national average, which is 0.99%.
Median Home Price in Perry, GA
Median Rent in Perry, GA
Top 5 Reasons to Live in Perry, GA
Great Annual Events! Join friends and family at the Annual Cookie Walk on the first weekend in December to purchase delicious treats that raise money for local charities like the Perry Food Pantry. In June, head to the Town Green for the annual Taste of Perry Festival that features samples of great cuisine prepared by the best restaurants in the city.
Can't Miss Local Attractions! Held at the Georgia National Fairgrounds and Agricenter, the Georgia National Fair features an assortment of fun and entertaining activities. Things to do at the festival range from live concerts by nationally recognized musical groups like Florida Georgia Line to carnival rides for kids to great food. Head to the Perry Georgia Historical Society for a tour of buildings in the city that are on the National Register of Historic Places.
Delicious Local Restaurants! For the best BBQ in the County, make a beeline straight for the Grillmaster. Order the baby back ribs slathered in one of their specialty BBQ ribs and prepare for a flavor explosion. Or, start the day on the right foot with a visit to The Coffee Cup for their seasonal blend and a fresh homemade muffin.
Take Advantage of Foreclosures! Given that 18% of homeowners in Perry are underwater on their mortgages and there are 18 foreclosed properties for sale in the city, now is the time to capitalize on a home that is priced to sell below market value. Look to an area of the city like Houston Lake or Pabst for the best deals on rent to own homes in Perry.
Median Sale Price on the Decline! In June 2012, the median sale price in Perry peaked at nearly $160,000; however, in the two years since the median sale price of homes in the city has fallen steadily to the current level of $128,000. With inexpensive homes available on nearly every street corner, neighborhoods like Meadowvale or Moss Oak offer the best value for your money.