Rent to own Homes in Matthews, NC
Matthews, NC lies just southeast of Charlotte. It's a relatively spacious town, with 17.2 square miles of space, while offering a small-town environment for those who prefer a somewhat slower pace of life. Downtown Matthews is a quaint historic area with older buildings and shops, and the community garden is a must-visit kind of place if you have a green thumb. Matthews has more than 27,000 residents and keeps attracting more, thanks to its amenities and proximity to the greater Charlotte area.
Matthews, NC is a great place for affordable rent-to-own homes! With a median household income of over $89,881 and a median rent of $1,350, the Matthews, 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 Matthews, 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.
More Matthews, NC Property Resources
Rent to own Homes in Cities Near Matthews, NC
- Baxter Village
- Belmont
- Catawba
- Charlotte
- Concord
- Cornelius
- Cramerton
- Davidson
- Enochville
- Fairview
- Fort Mill
- Gastonia
- Harrisburg
- Hemby Bridge
- Huntersville
- India Hook
- Indian Trail
- JAARS
- Kannapolis
- Lake Park
- Lake Wylie
- Lesslie
- Locust
- Lowell
- Lowesville
- Marvin
- Matthews
- McAdenville
- Mc Adenville
- Midland
- Mineral Springs
- Mint Hill
- Monroe
- Mooresville
- Mount Holly
- Mount Pleasant
- Pineville
- Red Cross
- Riverview
- Rock Hill
- Stallings
- Stanfield
- Stanley
- Tega Cay
- Unionville
- Van Wyck
- Waxhaw
- Weddington
- Wesley Chapel
- Wingate
Buying a Home in Matthews, NC
Matthews, NC is seeing rapid growth and Matthews, NC's' housing market remains not optimal with an average home price that is 30% above the 2024 national average. Matthews, NC is part of Mecklenburg 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 Mecklenburg is 1.05% which is above the national average, which is 0.99%.
Median Home Price in Matthews, NC
Median Rent in Matthews, NC
Top 6 Reasons to Live in Matthews, NC
Appreciation rates on the rise! Home appreciation rates in Matthews have been increasing, which indicates that buying a house here is a wise investment. Look around the E. Independence Boulevard and Matthews Township Parkway neighborhood or the Pheasantwood Lane and Morningwood Drive neighborhood to find properties with high appreciation rates.
Higher home listing prices! Homes for sale in Matthews are being listed at higher prices, which means that you're better off buying sooner rather than later. If you're looking for a place to buy or a rent to own house, check for available homes in the E. John Street and S. Trade Street or around the Idlewild Road and Matthews Mint Hill Road areas.
Arts and culture! The talented Matthews Ballet dancers put on shows at the Matthews Community Center at different times throughout the year, so keep an eye on their schedule. At the Matthews Playhouse, you can watch actors from Theatre Matthews, Theatre for Young People, or the School of Theatre perform a wide range of productions.
Community events! Matthews offers a number of community events throughout the year. One of the biggest events is the Matthews Alive festival, which is held in the historic downtown area on John Street and Trade Street. Matthews holds BeachFest Matthews in Stumptown Park during spring. This event features carnival rides, beach music, and arts and crafts.
Great restaurants! Matthews has a lot of dining establishments available. Head over to Fontanella to enjoy a plate full of baked ziti, lasagna, or manicotti served by friendly staff. At South 21 Matthews, order a tasty burger, fried chicken, or pork BBQ and a milkshake to wash it down.
Local parks! Matthews' local parks let you enjoy the area's mild temperatures. Idlewild Road Park features a 1.5-mile nature trail, picnic shelters, and two softball fields. Squirrel Lake Park offers a fishing pond, horseshoe pit, disc golf course, and walking trails.