Rent to own Homes in Monroe, LA
Awesome and Diverse Food! Louisiana Cajun food rules in Monroe. Enjoy some serious Cajun crawfish at Cormier's Cajun Catering & Restaurant. Catfish King Restaurant is a Southern treat and the prices are reasonable. If you tire of seafood, try Ray's PeGe. It has some of the best roast beef and burgers in the South. For some great Southern Mexican cooking, Avocado's is the place to go.
Monroe, LA is a great place for affordable rent-to-own homes! With a median household income of over $31,926 and a median rent of $711, the Monroe, 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 Monroe, 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.
More Monroe, LA Property Resources
Rent to own Homes in Cities Near Monroe, LA
Neighborhoods in Monroe, LA
Downtown Monroe Historic District rent to own homes Riverfront Village rent to own homes Ingleside rent to own homes West Parkview rent to own homes Parkview rent to own homes River Oaks rent to own homes Oregon Trail rent to own homes Pargoud Boulevard rent to own homes Garden District rent to own homes Booker T. rent to own homesPopular Zip Codes in Monroe, LA
71207 rent to own homes 71210 rent to own homes 71201 rent to own homes 71212 rent to own homes 71209 rent to own homesMedian Home Price in Monroe, LA
Median Rent in Monroe, LA
Top 10 Reasons to Live in Monroe, LA
Affordable Housing! The median mortgage is only $1100 per month for a spacious five-bedroom house! The median cost of a home is $100,000, and the median rent is less than $400 per month! Check out Parker Road and Dooley Lane for some gems.
Great Rental Prices! A three-bedroom house on Grand Street will only set you back $475 per month, while a two-bedroom house on Florida Street could only cost $350 per month!
Vacancy Rates are Up! The vacancy rate is well above the national average, at 14%, so finding a rental along Glenmar Avenue, Adams Street or Kansas Lane should be simple! Rent to own houses are just as easy to negotiate in a variety of neighborhoods.
Rich Southern History! The city was a trading center before the Louisiana Purchase, and In the early 1900s when natural gas was discovered in the area, the city experienced a significant growth in population and economic growth. Check out the Northern Louisiana Children's Museum or the Biedenharn Garden and Museum for more info!
Cultural and Educational Attractions! Never been to Europe? Check out the Layton Castle to see what a European castle looks like. The Monroe Civic center is host to many events, tradeshows, conferences and musicals, including famous Broadway shows. The Ouachita River Art Gallery has a wide range of beautiful and exquisite paintings, drawings, drawings and photography on display.
Enjoy Some Vintage Shopping! Visit Ouachita River Trading Company and Antique Valley shops for a wide range of vintage items. The Antique Valley area has a host of shops, boutiques, and restaurants. Check out the unique Rebecca's Doll House that has on display more than 2,000 antique dolls.
Recreational Attractions! Animal and sports fans will love the Ike Hamilton Expo. The Louisiana Purchase Gardens & Zoo is another favorite spot for animal lovers. It has some of the smallest primates in the country. The zoo provides transportation in the form of train and boat rides. The Louisiana Folklife Festival has plenty of music, food, arts and crafts for your enjoyment.
Rent to Own or Buy in a Great Neighborhood! Claiborne, Wall Lake and Forest Park are all beautiful neighborhoods that are experiencing a rise in home values. Rent to own homes and outright purchases in these areas constitutes a good investment! 49.12% of homes are owned in Monroe, so you'll be in good company!
Outdoor Attractions! Enjoy the outdoors at The Links at Muny, Forsythe Park or Kiroli Park. Kiroli has beautiful trails and ponds that will provide an enjoyable walk. Golf novices and beginners can play a few golf games at Chennault Golf Course. The Black Bayou Lake National Wildlife Refuge is a nature lover's dream with canoeing, fishing, and beautiful lakes to take in. For additional fishing and hunting, visit The Upper Ouachita National Wildlife Refuge provides.