Rent to own Homes in Corpus Christi, TX
Corpus Christi feels like a small town, but with a population of 312,195 people, it is anything but small. Founded by Colonel Henry Lawrence Kinney in 1839, Corpus Christi began as a small trading post, selling supplies to a Mexican Revolutionary army that had an encampment close by. From those humble beginnings, the city has slowly grown over the past 150 years to enjoy a thriving economy and become a tourist destination. Connected by a series of bridges, the city is laid out in an organic fashion that follows the coastline and connects one island or inlet to the next. One of the prettiest drives in the country is along Ocean Drive, a street that follows Corpus Christi Bay from downtown in a horseshoe fashion and out to Texas A&M University, which sits close to the Naval Air Station. This particular drive makes a stunningly beautiful commute for many locals each and every day.
Corpus Christi, TX is a great place for affordable rent-to-own homes! With a median household income of over $57,387 and a median rent of $1,055, the Corpus Christi, TX 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 Corpus Christi, TX. 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.
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More Corpus Christi, TX Property Resources
Rent to own Homes in Cities Near Corpus Christi, TX
- Agua Dulce
- Banquete
- Bishop
- Corpus Christi
- Del Sol
- Doyle
- Driscoll
- Edroy
- Gregory
- Ingleside
- K-Bar Ranch
- Lakeshore Gardens-Hidden Acres
- Lakeside
- La Paloma Addition
- La Paloma-Lost Creek
- Loma Linda
- Mathis
- Morgan Farm
- North San Pedro
- Odem
- Orange Grove
- Paisano Park
- Petronila
- Portland
- Rancho Banquete
- Rancho Chico
- Robstown
- Sandia
- Sandy Hollow-Escondidas
- San Patricio
- Sinton
- South La Paloma
- Spring Gardens
- Taft
- Taft Southwest
- Tierra Grande
- Tierra Verde
- Tradewinds
- Tynan
Buying a Home in Corpus Christi, TX
Corpus Christi, TX is seeing rapid growth and Corpus Christi, TX's' housing market remains optimal with an average home price that is -31% below the 2023 national average. Corpus Christi, TX is part of Nueces 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 2023 for county Nueces is 1.97% which is above the national average, which is 0.99%.
Median Home Price in Corpus Christi, TX
Median Rent in Corpus Christi, TX
Average Cost of Living in Corpus Christi, TX
Corpus Christi, TX, has the 15th lowest cost of living out of a list of 75 major cities in the US. It's also the 2nd least expensive city in Texas. There are many families and young professionals in the areas, meaning there are plenty of job opportunities as well as family-friendly activities for all ages.
Average Home Prices in Corpus Christi, TX
The average cost of a home in Corpus Christi as of September 2021 is $234,500 which is under the national average of $295,300. Like most of the US, Corpus Christi's demand for homes is greater than the available inventory creating a competitive buying market.
Corpus Christi Statistics
If you're interested in Corpus Christi rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common Corpus Christi statistics compared to the U.S. national average.
| Corpus Christi Averages | National Averages | |
|---|---|---|
| One-Way Commute | 18.7 minutes | 27.1 minutes |
| Violent Crime | 8.67 | 22.7 |
| Property Crime | 35.20 | 35.4 |
| Unemployment Rate | 8.5% | 4.7% |
| Income Tax Rate | No income tax | 4.6% |
| Air Quality | AQI 35 | AQI 40 |
| Water Quality | Safe | Safe |
| Median Household Income | $56,333 | $79,900 |
| Median Property Taxes | $1,515 | $2,471 |
| Utilities | $151.68 | $171.67 |
| Monthly Rent | $878.00 | $1,098 |
| Median Home Cost | $234,500 | $295,300 |
| Median Home Age | 41 years | 37 years |
Housing Statistics
Out of all Corpus Christi residents, 63.4 percent own the homes they live in while the other 36.06 percent choose to rent or rent to own instead. The median home value is currently at $110,300, which is not too bad when compared to other large cities in Texas. The average cost of rent is $807 per month, and the rental vacancy rate hovers at 9.5 percent. If you're looking for rental homes here, you'll find a nice variety of choices.
School Systems
Corpus Christi has an excellent school system. From preschool through college, a top-notch education is available to all children, teens and young adults, regardless of race, demographics or financial hardship. Corpus Christi also has two middle schools and one high school involved with the International Baccalaureate (IB) Program. This program is designed to help students advance and prepare for life and education at the university level. Texas A&M Corpus Christi, also known as The Island University, supports the IB program in keeping with Senate bill 111 that was passed in 2005.
Tourist Attractions
Corpus Christi offers unique, fascinating tourist attractions that keep visitors and locals busy all year round. The Texas State Aquarium is located on North Beach, a short 5-minute drive across the Harbor Bridge from downtown Corpus Christi. Bisecting downtown from North Beach is the Port of Corpus Christi, the 5th largest port in the nation. Cargo ships and barges travel in and out of the Bay on a daily basis, bringing in raw materials and goods from all over the world. The USS Lexington, also known as The Blue Ghost, rests in a shallow sand bank just off of North Beach and is open for tours, movie nights and educational programs throughout the year. These are just a few of the many attractions that Corpus Christi has to offer, but the true treasure of this coastal town is its miles of beaches, bird sanctuaries and protected natural habitats. Visiting Corpus Christi is like taking a vacation into a sub-tropical climate, where the water is warm, sparkling and calm; the fishing, wind surfing and kite boarding are world renowned; and life's stresses slide off your shoulders and away with the tide.
Corpus Christi Neighborhoods
Neighborhoods in Corpus Christi are not laid out in a grid-like fashion, so it can be difficult to navigate through the area without a map or some sort of navigation app if you are new to the area. The city was developed around the Bay of Corpus Christi. The Bay is shaped like a warped horseshoe, with a strip of land protectively flanking the entrance from the Gulf of Mexico.
Corpus Christi, TX Frequently Asked Questions
Crime stats in Corpus Christi say that it's moderately safe. Corpus has a good economy and a lower cost of living. Property crimes are more prevalent than violent crimes.
Yes. Like many beach towns, Corpus has both nice and not-so-nice beaches. For the most part, Corpus Beaches are said to be beautiful.
Yes, Corpus Christi is the second-largest city in South Texas.