Rent to own Homes in Clayton, NC
Clayton is a town in Johnston County, first settled during the Revolutionary War when a troop road was put through the area. Today, it is considered a satellite of Raleigh, and its growth has been fueled by proximity to the area's Research Triangle. The railroad came through the town in the late 19th century, and by the early 20th century it had become a major cotton market.
Clayton, NC is a great place for affordable rent-to-own homes! With a median household income of over $61,954 and a median rent of $1,060, the Clayton, NC 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 Clayton, NC. 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 Clayton, NC
Neighborhoods in Clayton, NC
Summerlyn rent to own homes Riverwood Athletic Club rent to own homes Glen Laurel rent to own homesPopular Zip Codes in Clayton, NC
27528 rent to own homesBuying a Home in Clayton, NC
Clayton, NC is seeing rapid growth and Clayton, NC's' housing market remains optimal with an average home price that is -8% below the 2024 national average. Clayton, NC is part of Johnston 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 Johnston is 0.83% which is below the national average, which is 0.99%.
Median Home Price in Clayton, NC
Median Rent in Clayton, NC
Top 6 Reasons to Live in Clayton, NC
Outdoor activities galore! Explore the Clemmons Educational State Park, a paradise of trails and streams, or get out the clubs and tackle the challenging Riverwood Golf Course. Afterwards, have a drink and relax in the clubhouse before driving into town for the shopping and eating.
Interesting shops downtown! Stroll the Historic Downtown of Clayton and drop in for wine and painting parties at the unique Wine and Design. If you are feeling adventurous, try the fare at the Bite Me Bar, or relax at the boutique shop Pizazz. Dig for bargains at the Hidden Treasures Thrift Shop. Clayton is a great place to shop for just about everything. Shopping is centered in the Historic Downtown area.
History, history, history! Stroll Historic Downtown and enjoy the low-rise historic architecture. To step into a slice of history, stay at the historic Morning Glory Inn, which gets rave reviews. Nestled on the Neuse River, the magnificent Falcon's Hamlet has become a favorite venue for weddings and receptions. Founded just before the Revolutionary War, Clayton is a treasure trove of history.
Great house prices! With a median house value of $165,600, Clayton offers great value for money whether you're looking to buy or rent to own. Newer developments southwest of town, such as Willow Springs, are highly desirable, while established homes in the Powhatan area offer good value.
Wide variety of restaurants! You can eat downtown and sample a wide variety of fare. There's Clayton Steakhouse and the Lucky Chicken restaurants. Sample the down home cooking at Biscuitville for a southern treat. In the mood for Mexican? La Cocina is a great choice.
Low cost per square foot! At $99 per square foot, homes in Clayton are cheaper per square foot than in Raleigh. Choose from affordable homes near downtown on North Church Street, or branch out to the newer homes that have been constructed around Business Highway 70.