Rent to own Homes in New Bern, NC
New Bern, North Carolina is a town in Craven County. It's located at the confluence of the Trent and Neuse Rivers, near the Atlantic Coast. Originally a colonial town founded by European settlers in 1710, it was named for the Swiss town of Bern. It was the capital of North Carolina colonial government, and Nicholas Sparks set his novel, The Notebook, in New Bern. Not enough? Pepsi was invented there.
New Bern, NC is a great place for affordable rent-to-own homes! With a median household income of over $43,406 and a median rent of $863, the New Bern, 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 New Bern, 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 New Bern, NC Property Resources
Rent to own Homes in Cities Near New Bern, NC
Neighborhoods in New Bern, NC
Five Points rent to own homes Taberna rent to own homes Downtown New Bern rent to own homes Greenbrier rent to own homesPopular Zip Codes in New Bern, NC
28561 rent to own homes 28563 rent to own homes 28562 rent to own homesBuying a Home in New Bern, NC
New Bern, NC is seeing rapid growth and New Bern, NC's' housing market remains optimal with an average home price that is -26% below the 2024 national average. New Bern, NC is part of Craven 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 Craven is 0.63% which is below the national average, which is 0.99%.
Median Home Price in New Bern, NC
Median Rent in New Bern, NC
Top 7 Reasons to Live in New Bern, NC
History in abundance! Downtown New Bern has over 160 homes and buildings on the National Register of Historic Places. Many of them date from the 18th century. Newly restored Tryon Palace was the seat of colonial government. New Bern's two Historic Districts offers a wealth of homes and buildings, including the John Wright Stanley House built in the 1780s.
Room to grow! While rich in historical sites, the protected Historic Districts comprise only 2.43 percent of New Bern's 27 square miles New homes and condos have been built, and the market in both conventional homes for sale and rent to own homes is vibrant. You can choose from historic and modern homes.
Moderate climate! With average winter highs in the 50s, New Bern offers a moderate, virtually snow-free place to live, in proximity to the Atlantic Coast. Located in North Carolina's Inner Banks area, it has a mild coastal climate, with moderate winters and warm summers.
Affordable housing! After a price spike in early 2014, the median sales prices has come down some 76 percent and sits at $99,500. Antioch Road, Elizabeth Avenue and the Bear Trail areas offer the most affordable homes for sale.
So many things to see and do! New Bern offers a wealth of things to see and do. The New Bern Civic Theater hosts productions and musicals. Pop into the fascinating Fireman's Museum and tour Tryon Palace. New Bern, the birthplace of Pepsi, has a wonderful Pepsi Museum, with exhibits and interactive activities.
Outdoor paradise! Visit the Isaac Taylor Garden, with an abundance of crepe myrtles and carefully manicured beds. If you fancy getting back to nature, there's the Island Creek Trail area, a wildlife sanctuary with trails and streams. If you prefer a game of golf, check out the Carolina Pines Golf and Country Club.
Water activities! Take a two-hour scenic river tour and spot celebrity homes--as well as an otter or two if you're lucky! It's the best way to see the Historic Districts of New Bern. When you're done grab a bite to eat at Ginza Japan--unless you became too attached to your new water-loving friends.