Rent to own Homes in Groveton, VA
At just over six square miles large, Groveton is a rather small community. The town proper offers peaceful, small town living, however, just three miles south is Alexandria, a city home to some of the top tourist attractions on the East Coast. With such a close proximity to Alexandria, those who work there can easily commute. Traveling to D.C. takes just half an hour, also putting Groveton in a great location for those who work in the nation's capital.
Groveton, VA is a great place for affordable rent-to-own homes! With a median household income of over $94,110 and a median rent of $1,646, the Groveton, 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 Groveton, 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 Groveton, VA Property Resources
Rent to own Homes in Cities Near Groveton, VA
- Alexandria
- Annandale
- Aquia Harbour
- Arlington
- Bailey's Crossroads
- Boswell's Corner
- Braddock
- Bristow
- Burke
- Burke Centre
- Cedar Heights
- Cheltenham
- Cherry Hill
- Chevy Chase
- Chevy Chase Village
- Difficult Run
- Dumfries
- Dunn Loring
- Fairfax
- Fairfax Station
- Fair Lakes
- Falls Church
- Floris
- Forest Glen
- Fort Hunt
- Great Falls Crossing
- Hutchison
- Innovation
- Kingstowne
- Leesylvania
- Linton Hall
- Loch Lomond
- Mantua
- Maryland Park
- Mount Vernon
- Nanjemoy
- Navy
- Nokesville
- North Bethesda
- North Chevy Chase
- Oakton
- Port Tobacco
- Quantico
- Sudley
- Sugarland Run
- Union Mill
- Vienna
- Washington Navy Yard
- White Plains
- Yorkshire
Neighborhoods in Groveton, VA
No neighborhoods foundPopular Zip Codes in Groveton, VA
22306 rent to own homesBuying a Home in Groveton, VA
Groveton, VA is seeing rapid growth and Groveton, VA's' housing market remains not optimal with an average home price that is 104% above the 2024 national average. Groveton, VA is part of Fairfax 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 Fairfax is 0.89% which is below the national average, which is 0.99%.
Median Home Price in Groveton, VA
Median Rent in Groveton, VA
Top 4 Reasons to Live in Groveton, VA
Historic attractions! The Groveton area is home to some of the top tourist attractions in the Washington D.C. area such as Gadsby's Tavern Museum, a historic site which stages performances by colonial actors and musicians. The Historic Huntley estate, which includes numerous gardens and a late 1820s villa, is also located in the area.
Multiple real estate options! Those looking to purchase moderately priced or rent to own houses in the D.C. region will have several choices available in Groveton, VA. For the even more cost-conscious, there are a few apartment complexes, including Beacon Hill, which rents units with utilities included. The local cost-saving options afford residents close access to Alexandria and D.C. without forking over a large down payment for a decently sized property. A little bit closer to the capital, Eos 21 offers units for around the same price as Beacon Hill.
Near Huntley Meadows Park! Huntley Meadows Park, directly south of Groveton, is one of the largest parks in the Washington metropolitan area. The park features winding trails sprawled out over 1,500 acres and is home to a diverse range of wildlife which cannot be found in other parts of Virginia. Almost attached to Huntley Meadows is the Greendale Golf Course and the Lee District Park and recreation center. This slice of the area is a great contrast to the hustle and bustle of Alexandria and D.C., making Groveton a perfect middle-ground.
Close to the waterfront without the cost! Waterfront property throughout the entire D.C. region is very expensive, however, Groveton offers several moderately priced home options right by the Potomac River. The community sits right on the western edge of the 25-mile-long George Washington Memorial Parkway. Groveton offers a balance of natural and urban life in a location very close to the cultural and employment opportunities of Alexandria and the nation's capital.