Rent to own Homes in Columbia, TN
Columbia, Tennessee is known for a lot of things, but is most notable for being the so-called "mule capital of the world" offering a large Mule Day festival every April. That isn't the only thing it's known for though, as Columbia also features great countryside scenery, an active entertainment scene and, thanks to high property appreciation rates, is a great place for homeowners.
Columbia, TN is a great place for affordable rent-to-own homes! With a median household income of over $50,378 and a median rent of $908, the Columbia, TN 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 Columbia, TN. 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 Columbia, TN Property Resources
Rent to own Homes in Cities Near Columbia, TN
- Antioch
- Arrington
- Ashland City
- Belle Meade
- Berry Hill
- Bon Aqua
- Bon Aqua Junction
- Brentwood
- Burns
- Chapmansboro
- College Grove
- Columbia
- Coopertown
- Fairview
- Forest Hills
- Franklin
- Goodlettsville
- Hermitage
- Joelton
- Kingston Springs
- La Vergne
- Madison
- Nashville Davidson
- Nashville
- Nolensville
- Oak Hill
- Old Hickory
- Pegram
- Pleasant View
- Primm Springs
- Santa Fe
- Smyrna
- Spring Hill
- Thompson's Station
- White Bluff
- Whites Creek
- Williamsport
Neighborhoods in Columbia, TN
No neighborhoods foundPopular Zip Codes in Columbia, TN
38401 rent to own homesBuying a Home in Columbia, TN
Columbia, TN is seeing rapid growth and Columbia, TN's' housing market remains optimal with an average home price that is -22% below the 2024 national average. Columbia, TN is part of Maury 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 Maury is 0.67% which is below the national average, which is 0.99%.
Median Home Price in Columbia, TN
Median Rent in Columbia, TN
4 Reasons to Live in Columbia, TN
The scenery! One thing Columbia is known for is its rich landscapes and beautiful countryside. With tropical weather that contributes to the beauty of the scenery, Columbia not only offers a viable alternative to the more populous cities, but also gives you views that you won't see anywhere else. Graymere Country Club takes advantage of the scenic views, allowing you to see Columbia's landscapes, and River Rat's Canoe Rental offers waterside fun.
House values are increasing! With an increase in house values of 9.8 percent in Tennessee last year, Columbia features some of the highest rises in the country, making homes here a great financial investment. If you simply want to weigh your options and would like to take a closer look at the scenery of Columbia, there are also a great number of quality hotels and lodges, including the Country Hearth Inn and even the Super 8 Columbia.
The entertainment scene! While Columbia offers plenty of attractions such as bars and nightclubs, festivals and other forms of entertainment are also options. Seasonal festivals are still the norm here, with the Southern Fried Fall Festival offering authentic southern meals and desserts. The festivities don't end there, though, as Columbia also hosts the Tennessee Walking Horse Festival, a proud tradition since 1840.
Hundreds of listings! Columbia is great for both growing families and individuals alike, with hundreds of new listings for buyers who like to weigh their options. This makes it accessible for those who want to buy outright or those who simply want to choose rent to own homes. Whether it be single family homes or even farms and ranches, the housing and land market in Columbia has something for everyone. Homeowners will also appreciate the fact that they will be near places such as Muletown Roasted Coffee and the Square Market & Cafe.