Rent to own Homes in Waycross, GA
Waycross, Georgia, stands at the crossroads of the past and the future. Once home to country music legend Gram Parsons, Waycross has all the small-town charm and Southern hospitality you would expect in such a storied community. With its down-home cooking, fantastic outdoor recreational opportunities and burgeoning real estate market, Waycross offers something special for history buffs and has an impressive number of buildings on the National Register of Historic Places.
Waycross, GA is a great place for affordable rent-to-own homes! With a median household income of over $30,367 and a median rent of $658, the Waycross, 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 Waycross, 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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Waycross, GA is seeing rapid growth and Waycross, GA's' housing market remains optimal with an average home price that is -67% below the 2024 national average. Waycross, GA is part of Ware 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 Ware is 0.83% which is below the national average, which is 0.99%.
Median Home Price in Waycross, GA
Median Rent in Waycross, GA
Top 4 Reasons to Live in Waycross, GA
Meet your neighbors at the fun festivals! Waycross has small-town charm to spare, but the town gets much bigger a couple of times a year when it plays host to Swampfest and Waycrossfest. Swampfest, now in its 11th year, features rides, music, a beauty pageant, cloggers, line dancers and even "fire clowns!" Waycrossfest is held in the heart of downtown and offers musical acts spanning several genres. These festivals underscore the camaraderie, friendship and the famed Southern hospitality beneath everything in Waycross.
Enjoy the great outdoors! Waycross' proximity to untouched nature has its perks, as evidenced by the numerous parks in the area. Southern Forest World explores the history of forestry in the region. Exhibits provided by the Smithsonian Institute and NASA provide a glimpse into the history of the European settlement of the region. The jewel park of the area, however, remains Okefenokee Swamp Park. Guided boat tours, a railroad and more await visitors to this spectacular natural park. Laura S. Walker State Park, which borders the Okefenokee Swamp, features local and native trees and plants and a well-maintained 18-hole golf course.
Plenty of rentals to go around! There are numerous rent to own homes available, most close to the action of downtown. Forty-two percent of the town's residents rent their homes. Rental homes are available downtown near historic buildings, such as the Waycross Visitor's Center (formerly a train depot), the 1907-era Old Elk's Building and the Waycross YMCA (also known as the city hall), which was designed by a famed architect, H. J. Klutho, a student of Frank Lloyd Wright!
Get more out of each dollar! With an average monthly housing cost hovering just under $500, it's easy to make renting or buying a home in Waycross a reality. With such low monthly costs, Waycross is a far better deal than just about any other city in the state of Georgia. Waycross offers ample opportunities to get out and mingle. Many locals enjoy spending time at the Trembling Earth Recreation Facility or at the Lakes Golf Course.