Rent to own Homes in Fredericksburg, VA
Fredericksburg, VA, has something for everyone from the history buff to the arts connoisseur. The city has a rich history, dating back to 1728. It was once the boyhood home of George Washington and played a significant role in the Civil War. The city has a unique balance of preserving history while growing and modernizing to accommodate a range of interests. Residents enjoy a diverse range of activities, as well as great employment prospects.
Fredericksburg, VA is a great place for affordable rent-to-own homes! With a median household income of over $69,528 and a median rent of $1,287, the Fredericksburg, VA 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 Fredericksburg, VA. 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 Fredericksburg, VA Property Resources
Rent to own Homes in Cities Near Fredericksburg, VA
- Alexandria
- Annandale
- Aquia Harbour
- Arlington
- Ashburn
- Bailey's Crossroads
- Bel Alton
- Bethesda
- Boswell's Corner
- Braddock
- Brambleton
- Bristow
- Burke
- Burke Centre
- Calverton
- Cherry Hill
- Difficult Run
- Dulles Town Center
- Dumfries
- Dunn Loring
- Fairfax
- Fairfax Station
- Fair Lakes
- Fairview Beach
- Falls Church
- Floris
- Fort Hunt
- Goldvein
- Great Falls Crossing
- Hutchison
- Innovation
- Kingstowne
- Leesylvania
- Linton Hall
- Loch Lomond
- Mantua
- Mount Vernon
- Nanjemoy
- Navy
- Nokesville
- Oakton
- Quantico
- Stafford
- Stafford Courthouse
- Sudley
- Sugarland Run
- Union Mill
- Vienna
- Welcome
- Yorkshire
Neighborhoods in Fredericksburg, VA
Downtown Fredericksburg rent to own homes Celebrate Virginia Central Park rent to own homes Fairview rent to own homes Dixon Street Mayfield rent to own homes Lafayette Boulevard South Route 1 rent to own homes University Central Route 1 rent to own homes Princess Anne North Route 1 rent to own homes Lower College Heights rent to own homes Fall Hill rent to own homes Upper College Heights rent to own homesMedian Home Price in Fredericksburg, VA
Median Rent in Fredericksburg, VA
Top 6 Reasons to Love Fredericksburg, VA
Rich history everywhere you turn! Tour Ferry Farm, the home where George Washington's family moved when he was 6 years old, or immerse yourself in Civil War history at the Fredericksburg & Spotsylvania National Military Park.
Have a drink! See what goes into the spirits at the historic S. Smith Bowman Distillery or taste a seasonal brew at the more modern Blue & Gray Brewing Co. For wine lovers, there are a handful of local wineries to choose from as well, including the Lake Anna Winery and the Hartwood Winery.
Historic homes and apartments in the city center! Fredericksburg's City Center includes medium-sized single-family homes and one- or two-bedroom apartments, many near historic landmarks like the Confederate Cemetery. Find a beautiful historic home on Charlotte Street near the Rappahannock River. Most buildings were constructed before 1939, with many homes from the 1700s. The downtown area is balanced between renters and owners, and those moving to the area can find many options from ownership to rent to own to rental homes.
Dedicated to arts and culture! In addition to preserving history, Fredericksburg is also growing as a hub for arts and cultural attractions. The city established an arts and cultural district downtown, with numerous galleries, museums, and performing arts and the Fredericksburg Center for the Creative Arts. Take in a community theater show at Stage Door Productions or stroll through downtown and view the galleries.
Array of neighborhoods! Although Fredericksburg's housing prices tend to be above the national average, with so many housing styles and options, there's a large range of homes to choose from at many budgets. Moving outside of the historic downtown, Fall Hill Avenue features newer apartments and single-family homes for rent or sale or the beautifully landscaped Apartments at Cobblestone Square.
Access to large employment hubs! Fredericksburg is centrally located between Washington, D.C. and Richmond, VA. Residents have reasonable commutes to both metro areas, as well as Northern Virginia, where there are many large employers. No need to drive to DC, either. Hop on the Virginia Railway Express (VRE) in Fredericksburg, and ride to the King Street stop for a day in Alexandria, or pick up the Metro's yellow line into DC.