Rent to own Homes in Snellville, GA
Located east of Atlanta, Snellville, Georgia was founded in 1874, but the city wasn't incorporated until 1923, when the first mayor, Gladston Snell, took the reins. With a population of only 18,242, the city maintains a small town feel while offering plenty to do and see within its boundaries. Thanks to a variety of new construction projects, Snellville is fast becoming a prime location for people who want to settle in the metro Atlanta area.
Snellville, GA is a great place for affordable rent-to-own homes! With a median household income of over $79,706 and a median rent of $1,522, the Snellville, 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 Snellville, 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 Snellville, GA Property Resources
Rent to own Homes in Cities Near Snellville, GA
- Alpharetta
- Atlanta
- Auburn
- Avondale Estates
- Belvedere Park
- Berkeley Lake
- Bethlehem
- Between
- Braselton
- Brookhaven
- Buford
- Candler-McAfee
- Carl
- Chamblee
- Clarkston
- Conyers
- Dacula
- Decatur
- Dunwoody
- Ellenwood
- Flowery Branch
- Grayson
- Gresham Park
- Hoschton
- Jersey
- Lakeview Estates
- Lilburn
- Lithonia
- Milstead
- North Atlanta
- North Decatur
- North Druid Hills
- Oakwood
- Oxford
- Panthersville
- Peachtree Corners
- Pine Lake
- Porterdale
- Redan
- Rest Haven
- Roswell
- Russell
- Sandy Springs
- Scottdale
- Snellville
- Social Circle
- Stonecrest
- Stone Mountain
- Sugar Hill
- Suwanee
Neighborhoods in Snellville, GA
Snellville rent to own homesPopular Zip Codes in Snellville, GA
30078 rent to own homesBuying a Home in Snellville, GA
Snellville, GA is seeing rapid growth and Snellville, GA's' housing market remains optimal with an average home price that is -15% below the 2024 national average. Snellville, GA is part of Gwinnett 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 Gwinnett is 1% which is above the national average, which is 0.99%.
Median Home Price in Snellville, GA
Median Rent in Snellville, GA
Top 4 Reasons to Live in Snellville, GA
Enjoy the great outdoors! Thomas W. Briscoe Park lies just south of the city center and boasts more than 100 acres of land. The park has many public facilities, including a community garden, playgrounds, athletic fields and courts, and a lake with water access and gazebos. The Park hosts a summer camp, swim lessons and senior trips, and is also home to a few of the Snellville Days Festival events. With over 200 vendors, food booths, an activities center and a museum, the Snellville Days Festival has been a time-honored tradition in the city since 1974. The 112-acre Lenora Park and Disc Golf Course is another major park in the city.
A city great for renters! Only 13 percent of Snellville residents rent, which means you won't have to compete with a great number of other prospective tenants when you look for a rental property. Look for homes to rent in the Oak Road, Pate Road, Athens Highway and Five Forks neighborhoods.
Restaurants to fulfill every craving! Snellville boasts over 115 restaurants and eateries within the city limits. If you're interested in Japanese food, head over to Sushi Avenue for great ambiance and a delicious meal. Check out Baby Jane's Home Cooking for a great buffet that will keep you coming back for seconds. Don't forget to stop by Five Spot Frozen Yogurt for some delicious dessert on your way home!
Appreciation rates are on the rise! Snellville residents have seen some amazing increases in property appreciation rates over the past few years. The rate has risen over 11 percent in the past year alone. Snellville continues to offer great investment opportunities, whether you're buying a property or looking for a rent to own home. More than 92 percent of people stay in their homes for over a year, which makes Snellville a great option. The properties in the neighborhoods of Oak Road, Main Street West, Scenic Highway North and Five Forks have seen the highest appreciation rates.