Rent to own Homes in Burlington, MA
The town of Burlington, in Greater Boston, Massachusetts, dates back to 1641 and is said to take its name from the northern English town of Bridlington. Some original homesteads are still standing, but today Burlington is an industrial, suburban town despite its mainly agricultural past. There was huge expansion after the building of Route 128, especially in the 1950s and 1960s. A number of top athletes come from Burlington, including those who have played in the NFL, NHL and Major League baseball, alongside four Olympians.
Burlington, MA is a great place for affordable rent-to-own homes! With a median household income of over $121,433 and a median rent of $2,016, the Burlington, MA 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 Burlington, MA. 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 Burlington, MA Property Resources
Rent to own Homes in Cities Near Burlington, MA
- Abington
- Andover
- Arlington
- Avon
- Bedford
- Belmont
- Beverly
- Boxford
- Braintree Town
- Brockton
- Burlington
- Carlisle
- Chelsea
- East Bridgewater
- East Weymouth
- Everett
- Georgetown
- Hanson
- Hingham
- Holbrook
- Hull
- Lawrence
- Lincoln
- Lynn
- Lynnfield
- Malden
- Marblehead
- Medford
- Melrose
- Methuen Town
- Middleton
- Nahant
- North Reading
- North Scituate
- Peabody
- Reading
- Revere
- Saugus
- Somerville
- Southfield
- Stoneham
- Swampscott
- Tewksbury
- Topsfield
- Wakefield
- West Concord
- Westford
- Wilmington
- Winchester
- Woburn
Buying a Home in Burlington, MA
Burlington, MA is seeing rapid growth and Burlington, MA's' housing market remains not optimal with an average home price that is 171% above the 2024 national average. Burlington, MA is part of Middlesex 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 Middlesex is 1.04% which is above the national average, which is 0.99%.
Median Home Price in Burlington, MA
Median Rent in Burlington, MA
Top 5 Reasons to Move to Burlington, MA
Pride in the past! Burlington's long history can be seen in places such as Francis Wyman House, which earliest part was built in 1666. There are guided tours in the summer, and the building has been named as one of the thousand places to visit in Massachusetts. There are so many other historic sites to take in, too, like the beautiful 1734 Hens and Chickens Taverns, the town's historical museum or the 1780 General John Walker house.
Easy to take it easy! In Burlington, there are many places to go for entertainment. In the town center you'll find the Burlington Town Common as well as Simonds Park, which has multiple sports courts and fields alongside a nine-hole golf course. Skaters are catered for at Burlington Ice Palace, and there are places in town for baseball, basketball, soccer and tennis, as well as a good selection of gyms.
Get up close and personal with nature! The Mill Pond Conservation Area has more than 140 acres of steep, rolling countryside with extensive biking and hiking trails, marked and unmarked. It's also possible to fish, as long as you have a permit. There are more trails at the Burlington Landlocked Forest, which has mature woodland, plentiful meadows and a haven for wildlife. You'll also find a number of other parks across town.
A booming real estate market! With just a 1% rental vacancy rate across Burlington and stiff competition for property, it's true that finding affordable housing can be hard, driven by the growth of tech companies across Boston's western suburbs along Route 128. However, it's certainly not impossible, whether you're looking for rent to own homes or standard rentals. For an older, more established neighborhood, Havenville offers mainly medium-sized and larger accommodation. Alternatively, Woods Corner offers a good range of rentals and houses for sale.
A mix of properties! Burlington is 75% owner occupied, with one home in four rented. Across the four neighborhoods (including the town center and Cambridge Street/Wilmington Road areas as well as the two mentioned above), around 60% have between three and five bedrooms, while a fifth have two. Complexes and high-rise apartments make up just under a quarter of the town's total accommodation, while nearly half are older properties built in the 1940s, 1950s and 1960s. Less than 15% were built after 2000.