Rent to own Homes in Ruston, LA
Ruston is a city proud of many notable people that have been a product of its educational institutions, the biggest of which is the Louisiana Tech University. This co-ed public research university is known for its engineering and science programs, and for being home to many notable Ruston natives, including country singer Trace Adkins and retired NBA Player P.J. Brown. Regardless of your current level of fame, you'll always feel like a star in this town of 22,000 people.
Ruston, LA is a great place for affordable rent-to-own homes! With a median household income of over $32,295 and a median rent of $745, the Ruston, 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 Ruston, 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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Top 6 Reasons to Live in Ruston, LA
Experience the annual Peach Festival! Each June, Ruston hosts the Peach Festival at Squire Creek Country Club. Peach farming has been a source of income for most families in Louisiana until the 1940s. It was in 1947 when the peach farmers decided to organize the Louisiana Fruit Growers Association, which later on launched the Peach Festival in 1951. This festival is something that residents and tourists look forward to each year.
Satisfy your cravings with the best restaurants! No matter what cuisine you prefer, it is surely available in Ruston. Roma Italian Bistro, Dowling's Smokehouse BBQ, and Log Cabin Mesquite Grill are just some of the most popular restaurants in the city that get really good reviews from diners. If you are a foodie, Ruston would be the ideal place for you.
Hundreds of new listings! If you are looking for a city to move in, Ruston has a lot of newly-listed properties you can explore, wherein prices range from $55,000 to $4 Million, depending on your preferred size and neighborhood. These include vacant lots, rent to own houses, and undeveloped lands.
A community that supports athletics and recreation! Under the direction of the City Mayor and City Council of Ruston, the Parks and Recreation Advisory Department (RPAR) has been established to provide its citizens life-enriching recreational opportunities. Besides developing and maintaining parks and other recreational facilities, the RPAR is also responsible for enabling partnerships that would further provide its citizens athletic and recreational opportunities. Currently, RPAR runs 12 park sites, 16 athletic fields, 5 outdoor basketball courts, 5 tennis courts, and 12 playgrounds. Other facilities it operates are the McLane Multipurpose Center, Ruston Sports Complex, Bobby James Memorial Gym, J.C. Love Softball Complex, Ruston Municipal Pool, and the Municipal Tennis Courts.
Provides opportunities for growth! The City of Ruston has come up with Ruston 21 Plan, which resulted from the Ruston Community Visioning Day held in late 2008 at the Ruston Civic Center in N Trenton Street. This event was attended by 400 diverse participants and it was where the vision and goals of the city have been established. With economic development being one of its goals, you can expect residential and commercial property values to rise as well. This provides a good investment opportunity for everyone.