Rent to own Homes in Bossier City, LA
Bossier City is part of Bossier Parish in the heart of Louisiana and is a sister city to Shreveport. Its 62,000 residents take great pride in the city's history, which includes Shed Road, the first all-weather turnpike in the Southern United States. These days, Bossier City is known for its riverboat casinos, which have colorful names like Diamond Jack's. This city was once fueled by its cotton-picking economy, but today, it is a modern city with plenty to offer individuals looking for an opportunity to rent or buy a home in this region.
Bossier City, LA is a great place for affordable rent-to-own homes! With a median household income of over $48,385 and a median rent of $956, the Bossier City, LA 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 Bossier City, LA. 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 Bossier City, LA
Popular Zip Codes in Bossier City, LA
71113 rent to own homes 71171 rent to own homes 71112 rent to own homes 71110 rent to own homesMedian Home Price in Bossier City, LA
Median Rent in Bossier City, LA
Top Reasons to Live in Bossier City, LA
Housing Statistics Overall, the area is ideal for individuals looking to invest in homes for sale, but homes for rent are also popular. The average listing price of a home here at the end of July 2013 was $219,504. The median sale price of a home in Bossier City for June 2013 was $123,900. Renting is also an option here, as the annual residential turnover is 12 percent and the median years in residence is four.
Largest Employers and Industries The largest employer in the city is the Barksdale Air Force Base. However, Bossier Parish School Board, Harrah's Horseshoe Casino and Hotel, the State of Louisiana's Civil Service Department and Willis-Knighton Health System are also large employers in the area. Other notable businesses include Halliburton Energy Services and the Boomtown Casino.
Nightlife In a city with three riverboat casinos, you can bet there's a thriving nightlife. If you're not in the mood to play cards, head to Harrah's Louisiana Downs and bet on some ponies. A great place to catch up with friends is What's On Tap 2, where you can drink some cheap beer and shoot some pool. For more of a nightclub feel, check out sister city Shreveport's Allure Ultra Lounge, which keeps the music bumping all night long.
Weather and Climate Most of the year, Bossier City is warm and humid. When summer comes around, prepare to feel sticky, as the air gets thick with moisture. On the plus side, you won't have to ever shovel your driveway. Winters are very moderate in Bossier City, since this area tends to maintain a subtropical climate.
Local Shopping For shopping, head to the Louisiana Boardwalk Promenade, which runs alongside the Red River. There, you'll find riverfront dining, a wide range of stores, and even a comedy club. If you look closely, you might even see an alligator hanging out in the sun. Pierre Bossier Mall is also a great place to shop, and as it boasts stores with the latest styles and a great toy store. Plus, if you get hungry, you can feast in the food court.