Rent to own Homes in Friendswood, TX
Friendswood was first settled in 1895 by Frank Jacob Brown and Thomas Hadley Lewis and is located about 30 minutes west of Galveston and 15 minutes east of Houston. With a population of 35,805 residents (as of the 2010 U.S. Census), this thriving community offers everything! Beautiful parks, nature trails, a championship golf course, excellent school systems, a low crime rate and a location that allows access to the amenities of the city of Houston. It also offers a quick drive to the beach in Galveston!
Friendswood, TX is a great place for affordable rent-to-own homes! With a median household income of over $108,135 and a median rent of $1,394, the Friendswood, 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 Friendswood, 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.
More Friendswood, TX Property Resources
Rent to own Homes in Cities Near Friendswood, TX
- Aldine
- Atascocita
- Bacliff
- Barrett
- Baytown
- Beach City
- Bellaire
- Brookside Village
- Channelview
- Clear Lake Shores
- Cloverleaf
- Cove
- Crosby
- Dayton
- Deer Park
- Dickinson
- El Lago
- Fresno
- Friendswood
- Galena Park
- Highlands
- Hillcrest
- Hitchcock
- Houston
- Humble
- Iowa Colony
- Jacinto City
- Kemah
- La Marque
- La Porte
- League City
- Manvel
- Mont Belvieu
- Morgan's Point
- Nassau Bay
- Old River-Winfree
- Pasadena
- Pearland
- San Leon
- Santa Fe
- Seabrook
- Sheldon
- Shoreacres
- South Houston
- Southside Place
- Taylor Lake Village
- Texas City
- Wallisville
- Webster
- West University Place
Neighborhoods in Friendswood, TX
The Park rent to own homes Friendswood Lakes rent to own homes Polly Ranch Estates rent to own homes Falcon Ridge rent to own homes Imperial Estates rent to own homes Regency Estates rent to own homes The Forest rent to own homes El Dorado rent to own homes Rancho Viejo rent to own homes Eagle Lakes rent to own homesBuying a Home in Friendswood, TX
Friendswood, TX is seeing rapid growth and Friendswood, TX's' housing market remains not optimal with an average home price that is 38% above the 2024 national average. Friendswood, TX is part of Galveston 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 Galveston is 2.01% which is above the national average, which is 0.99%.
Median Home Price in Friendswood, TX
Median Rent in Friendswood, TX
Top 4 Reasons to Live in Friendswood, TX
Renters, rejoice! More than 18 percent of Friendswood residents are renters. With a vacancy rate of 8.1 percent, finding the perfect two-bedroom home in the trendy City Center neighborhood is easier than you might think. Another popular neighborhood with historic charm is located along FM 518 and FM 528, and with vacancy rates at a slightly lower 5.6 percent, renters still have the choice of finding great rent to own homes here.
Small town cuisine with a big city taste! Ellie's Kitchen and Catering on S. Friendswood Drive is a must for anyone who loves Greek cuisine. The dolmas (stuffed grape leaves) are exquisite and the baklava is second to none. Further down the road is Perry and Sons Market and Grille, where diners can find succulent rib eye steaks and perfectly cooked pork chops.
Embrace the booming market! Rated as one of the "Best Places to Live" in southeast Texas, the median home cost in Friendswood is $210,800, with home appreciation at 12 percent in the past year. The San Joaquin Parkway and S. Mission Circle neighborhoods are slightly higher priced; both have homes in the $311,000 range. If you prefer a more historic feel to the area in which you live, the City Center is just the place to find rental homes, priced (on average) in the $730 range. Consequently, this is 53.2% lower than the cost of rent in all other Texas neighborhoods!
Enjoy the great outdoors! Go for a jog along Cowart Creek through the City Center or for a fun ride on a mountain bike to get your heart rate up. If you'd rather have a picnic or play Frisbee, head over to Stevenson Park, a popular spot located right in front of Friendswood City Hall. Whatever your preferred activity level, you're sure to find what you're looking for in Friendswood.