Rent to own Homes in Sugar Hill, GA
Gwinnett County's fourth largest city, Sugar Hill, lies within the Atlanta Metropolitan Area. Although the city is relatively young, it's already home to a thriving community of 20,000 people. It's a population that, thanks to a 6.3 percent growth rate, is expected to rise to almost 400,000 by 2050. Beautiful weather with four distinct seasons, a stable housing market, and an appealing cost of living all add up to make life sweet in Sugar Hill.
Sugar Hill, GA is a great place for affordable rent-to-own homes! With a median household income of over $90,205 and a median rent of $1,195, the Sugar Hill, 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 Sugar Hill, 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 Sugar Hill, GA
- Alpharetta
- Auburn
- Berkeley Lake
- Bethlehem
- Between
- Braselton
- Buford
- Carl
- Cumming
- Dacula
- Dawsonville
- Doraville
- Duluth
- Dunwoody
- Flowery Branch
- Gainesville
- Grayson
- Hoschton
- Jefferson
- Johns Creek
- Lawrenceville
- Lilburn
- Loganville
- Milton
- Murrayville
- Norcross
- Oakwood
- Peachtree Corners
- Pendergrass
- Rest Haven
- Roswell
- Russell
- Sandy Springs
- Snellville
- Stone Mountain
- Sugar Hill
- Suwanee
- Talmo
- Tucker
- Winder
Neighborhoods in Sugar Hill, GA
Sugar Hill rent to own homesPopular Zip Codes in Sugar Hill, GA
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Sugar Hill, GA is seeing rapid growth and Sugar Hill, GA's' housing market remains not optimal with an average home price that is 15% above the 2024 national average. Sugar Hill, 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 Sugar Hill, GA
Median Rent in Sugar Hill, GA
Top 5 Reasons to Live in Sugar Hill, GA
Numerous gorgeous green spaces! Take time out to enjoy the city's five major parks. The 67-acre Gary Pirkle Park boasts almost two miles of picturesque walking trails, a community garden and several scenic picnic areas, while the Sugar Hill City Lawn and Amphitheater is an ideal spot to fire up a barbecue with friends or relax with a book.
Attractive rental properties in nice neighborhoods! Although at $1,100, the average rent in Sugar Hill is a little higher than in the rest of Georgia, the seven percent vacancy rate means it's still possible to find bargain homes for rent. Pick up a one-bedroom apartment at complexes such as Preston Pointe at Windermere and Heights at Old Peachtree for under $1,000.
Many outdoor recreation opportunities! If you're fond of the fairways, head to the Sugar Hill Golf Club or the private Bear's Best Golf Course, designed by Jack Nicklaus. Many of the city's parks boast tennis courts and sports fields, while water sports fans will appreciate living near scenic Lake Lanier. If you want to escape the city for a hike, the Chattahoochee National Forest lies just an hour's drive north.
Ample big-city amenities! With plenty of local stores dotting Cumming Highway and Buford Highway, you won't be short of a place to stock up on groceries. Larger shops, such as the Mall of Georgia and Dillard's department store, are nearby. Foodies can visit local eateries, such as the Exceptional Restaurant Co. and Aqua Terra Bistro.
Affordable home ownership! The average home value in Sugar Hill is around $173,000, a little more than 10 percent higher than the national average. Up your budget to $200,000 and you could land yourself a gorgeous three-bedroom home along Barker Station Walk or Azalea Crest Lane. Rent to own options are also available, should you be wary of buying a home outright.