Rent to own Homes in San Angelo, TX
Commonly known as the River City, the Pearl of the Conchos, or the Oasis of West Texas, San Angelo is a Texan city that grew by leaps and bounds when large amounts of oil were discovered in the area. Today, the city of over 95,000 is a central hub of the oil and gas industry. San Angelo has been ranked consistently as one of the fastest growing cities in the country for employment and business. In addition, the city has a rich cultural and artistic scene and is home to many parks and recreational facilities.
San Angelo, TX is a great place for affordable rent-to-own homes! With a median household income of over $55,682 and a median rent of $902, the San Angelo, 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 San Angelo, 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 San Angelo, TX Property Resources
Rent to own Homes in Cities Near San Angelo, TX
Neighborhoods in San Angelo, TX
Highland Acres rent to own homes Santa Rita rent to own homes Bluffs rent to own homes Angelo Heights Addition rent to own homes Bentwood rent to own homes Reagan rent to own homes Belaire rent to own homes Goodfellow Afb rent to own homes Riverside rent to own homes Downtown San Angelo rent to own homesPopular Zip Codes in San Angelo, TX
76902 rent to own homes 76909 rent to own homes 76906 rent to own homes 76908 rent to own homes 76903 rent to own homesBuying a Home in San Angelo, TX
San Angelo, TX is seeing rapid growth and San Angelo, TX's' housing market remains optimal with an average home price that is -34% below the 2024 national average. San Angelo, TX is part of Tom Green 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 Tom Green is 1.36% which is above the national average, which is 0.99%.
Median Home Price in San Angelo, TX
Median Rent in San Angelo, TX
Top Reasons to Live in San Angelo TX
Housing Statistics While approximately 56.24 percent of the houses in San Angelo are owner occupied, 35.08 percent are rentals. The vacancy rate runs around 8.68 percent, which will make it fairly easy for you to find a place to live. With an annual residential turnover of 21 percent, the real estate market in San Angelo is quite stable and is constantly growing. The median sales price for a home here stands at $106,000, while the average house sale price is $126,932, though rent to own homes may run a bit higher.
San Angelo school system Almost all of the schools in San Angelo come under the jurisdiction of the San Angelo Independent School District. The two main high schools are Central High School and Lake View High. San Angelo is also home to a branch of Howard College dedicated towards preparing students for a four-year university course. This two year school focuses on occupational and technical fields.
Local Restaurants San Angelo boasts food options to please every diner. The Cork and Pig Tavern is rated as San Angelo's top restaurant with a menu that includes wood-fired pizzas and locally farmed house specialties. Other highly-recommended local restaurants include Armenta's, Franco's Cafe and Namakura, which specializes in Japanese and Korean cuisine. For those looking for some good old Texan steak, the Texas Roadhouse is a perfect fit.
Neighborhoods in San Angelo San Angelo is a city on the rise. Here are some of its best neighborhoods: