Rent to own Homes in Millville, NJ
Millville is a growing town in Cumberland County, New Jersey that is currently home to more than 28,000 people. Originally a township in 1801, Millville was later reincorporated as an official city in 1866. This has always been an industrial town. Since being settled by Europeans in the 18th century, Millville has based its economy on a saw mill, a glass factory, a wood and iron foundry, a bleach and dye center, and eventually a giant dam. Today, however, the city is more of an artistic haven than an industrial center.
Millville, NJ is a great place for affordable rent-to-own homes! With a median household income of over $63,182 and a median rent of $1,003, the Millville, NJ 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 Millville, NJ. 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 Millville, NJ Property Resources
Rent to own Homes in Cities Near Millville, NJ
- Alloway
- Arrowhead Lake
- Belleplain
- Bridgeton
- Buena
- Cape May Court House
- Carlls Corner
- Cedarville
- Chesilhurst
- Clayton
- Collings Lakes
- Deerfield Street
- Dennisville
- Dorothy
- Dutch Neck
- East Vineland
- Egg Harbor Township
- Elmer
- Elwood
- Estell Manor
- Fairton
- Folsom
- Franklinville
- Gandys Beach
- Glassboro
- Goshen
- Laurel Lake
- Malaga
- Marmora
- Marshallville
- Mc Kee City
- Milmay
- Mizpah
- Newfield
- Newtonville
- Ocean View
- Olivet
- Palermo
- Pine Hill
- Pitman
- Richland
- Roadstown
- Rosenhayn
- Seabrook Farms
- Seaville
- Tuckahoe
- Turnersville
- Victory Lakes
- Vineland
- Woodbine
Neighborhoods in Millville, NJ
No neighborhoods foundPopular Zip Codes in Millville, NJ
08332 rent to own homesBuying a Home in Millville, NJ
Millville, NJ is seeing rapid growth and Millville, NJ's' housing market remains optimal with an average home price that is -24% below the 2024 national average. Millville, NJ is part of Cumberland 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 Cumberland is 2.13% which is above the national average, which is 0.99%.
Median Home Price in Millville, NJ
Median Rent in Millville, NJ
Top 5 Reasons to Live in Millville, New Jersey
The Millville Green Team and Community Gardens! The Green Team is a municipally-sponsored program responsible for bringing environmental awareness and opportunities to local residents and business owners. To volunteer, find information on keeping your own garden space, and ask about business benefits from the Green Team, via The City of Millville! See the sights by walking along the Riverfront Park in MIllville, NJ.
Real Estate Prices are Very Affordable, but Rising! Want to invest in your city? Now's the time! Find a 3- or 4-bedroom house for under $150,000, and watch your initial investment grow over the next several years. From Main Street to Poplar Road, great homes are available for rent, purchase or even rent to own.
Mortgages as low as $470 per Month! Of course it's all a matter of credit and choosing the right bank, but you just may be able to get an awesome deal on your mortgage payments when you buy in Millville. That goes for refurbished properties on Newcombtown Road, as well as some of the newer houses on Dream Street.
The Wheaton Arts and Cultural Center! A driving force behind the burgeoning artistic side of Millville, the Wheaton Arts and Cultural Center focuses on supporting local glass artists. Visitors and buyers can also visit the Ceramic Studio and Flameworks Studio to see how many popular items are crafted. Artists here are often students, interning with established craftsmen and women to enhance their university programs.
The Levoy Theater! Another important artistic location in Millville, the Levoy Theater was first built in 1908. Although the venue was closed in the mid-1970s, it was purchased and refurbished in later years. Happily, the Levoy reopened its doors in 2012 to feature the Peacherine Ragtime Orchestra and select silent films. Stop by for a great show, and afterwards visit Megabyte cafe for a cup of joe!