Rent to own Homes in Harlingen, TX
Harlingen, Texas, is in Cameron County and is about 30 miles from the coastline of the Gulf of Mexico. It is about 34-square miles big and the second largest city in the county. It is also at the heart of the Rio Grande Valley. Home to more than 64,800 people, Harlingen is also a part of the Brownsville Harlingen Metro Area. Individuals planning to move to Harlingen will find a variety of housing options to select from, including homes for rent.
Harlingen, TX is a great place for affordable rent-to-own homes! With a median household income of over $43,003 and a median rent of $748, the Harlingen, 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 Harlingen, 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 Harlingen, TX Property Resources
Rent to own Homes in Cities Near Harlingen, TX
Neighborhoods in Harlingen, TX
Treasure Hills rent to own homes Downtown Harlingen rent to own homesPopular Zip Codes in Harlingen, TX
78551 rent to own homes 78553 rent to own homes 78550 rent to own homesBuying a Home in Harlingen, TX
Harlingen, TX is seeing rapid growth and Harlingen, TX's' housing market remains optimal with an average home price that is -58% below the 2024 national average. Harlingen, TX is part of Cameron 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 Cameron is 1.76% which is above the national average, which is 0.99%.
Median Home Price in Harlingen, TX
Median Rent in Harlingen, TX
Top Reasons to Live in Harlingen TX
Housing Statistics Prior to investing in rent to own houses, individuals should carefully consider the market. In Harlingen, the median sales price of a home during the second quarter of 2013 was $39,673, which is more than 22 percent lower than the previous year. The average listing price of homes here is $188,296, as of the final week of August 2013. The low sale price is contributed to the few sales that occur in this community, which, in the previous six months, was just five. The median years in residences for individuals here is two years. The annual residential turnover is 21 percent. This data can help individuals to make investment decisions.
Nightlife In Harlingen, there are several nightlife options, including the Jaguars Club, Wild Bills, and Hush Night Club. Hot Shot Lounges and Envy Nite Club both offer fun opportunities for planned events or just a night out on the town.
Local Restaurants When you are after a good meal, Harlingen has a variety of options. Pepe's Mexican Restaurant is a popular favorite here. For seafood, check out Seafarer Restaurant. Other options include Los Asados, Great China Chinese Restaurant, and Chapitas Restaurant. The city is also home to numerous popular chain restaurants.
Transportation and Commutes The city is easy to get to with US Route 77 and US Route 83 nearby. In additional Interstate 2 resides here. Individuals can easily get into the city or other Rio Grande Valley communities within a short 20 to 40 minute drive, depending on location and time of day. I-37 connects to Corpus Christi.
Local Sports Harlingen is a sports-loving town. It is home to a United Baseball League Minor League Baseball Team, the Rio Grande Valley Whitewings. It also is home to the Valley Race Park, which is races Greyhound dogs. The World Birding Center is also located here.