Rent to Own Homes near Allen, TX

Top Reasons to Live in Allen TX

  • Over the past 30 years, Allen, Texas, has grown into a bustling, modern municipality north of Dallas. Headed toward the 100,000 population mark, the city is known for its modern facilities, renowned school district, showcase high school football stadium, and 5.5 million square feet of retail space. No longer a bedroom community, Allen displays a character and a personality that few others, even in Texas, can claim. Allen ranked 13th on a recent "Best Places to Live" survey.

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  • Housing StatisticsSince 2000, Allen's population has doubled; U.S. Census figures place the number at a little over 89,000 in 2012 and growing steadily. The median household income, at almost $103,000, is more than double the Texas average. The average home sale price in Allen has risen steadily. In 2011 the median home sale price was at 193,400, while in 2000 the figure was $142,200. Rental prices for housing in Allen range from a low of about $1,000 to upwards of $4,000 per month. Although not common, some rent to own homes exist, but they are primarily offered by individual owners and would involve owner financing of some sort. Individual circumstances would dictate the terms in such situations. Even though Allen, which touches Lake Lavon on its eastern boundary, was once a rural agricultural community, it has grown into an upscale urban center with its own employment and retail centers.