Rent to own Homes in Hollins, VA
Hollins, VA is just a short drive from the larger Roanoke Metropolitan Area and its small-town charm makes the city an appealing place to call home. Plenty of activities are available for residents; shoppers can head to Roanoke to check out the latest fashion while others can enjoy a tranquil drive along the mountains on the Blue Ridge Parkway. During the 2010 census, there were 24,673 residents in this small town community.
Hollins, VA is a great place for affordable rent-to-own homes! With a median household income of over $67,958 and a median rent of $898, the Hollins, 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 Hollins, 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 Hollins, VA Property Resources
Rent to own Homes in Cities Near Hollins, VA
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- Belview
- Bent Mountain
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- Callaway
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- Check
- Christiansburg
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- Dublin
- Eggleston
- Elliston
- Fairlawn
- Floyd
- Gap Mills
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- Lafayette
- Lindside
- Merrimac
- Newport
- New River
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- Pearisburg
- Pembroke
- Pilot
- Plum Creek
- Prices Fork
- Pulaski
- Radford
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- Ripplemead
- Salem
- Shawsville
- Snowville
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Neighborhoods in Hollins, VA
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24019 rent to own homesBuying a Home in Hollins, VA
Hollins, VA is seeing rapid growth and Hollins, VA's' housing market remains optimal with an average home price that is -18% below the 2024 national average. Hollins, VA is part of Roanoke 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 Roanoke is 0.92% which is below the national average, which is 0.99%.
Median Home Price in Hollins, VA
Median Rent in Hollins, VA
Top 5 Reasons to Live in Hollins, VA
Historical charm! The area was originally settled in the 1700s and there are several buildings still standing that highlight Hollins' past. The Black Horse Tavern-Bellvue Hotel and Office is on the National Register of Historic Places and is open for regular tours. The Old Tombstone is a monolithic carving that commemorates the life of Robert Denton. Residents who are interested in architecture may want to visit the Harshbarger House, which has a stone section that dates to 1797.
Rising home values! With rising values, now is a great time to look for property to buy or for rent to own houses in Hollins. In 2000, the estimated median value was $103,900 and in 2012 the median value was $158,204. The city has abundant waterfront property due to the two creeks, Tinker Creek and Carvin Creek, that bisect the community.
Outdoor recreation! Residents are sure to love the abundant public parks in Hollins and the nearby areas. Hollins Park has a soccer field and a gravel walking path and in the park's back corner, there is a playground nestled in the shade. Brookside Park surrounds a meandering stream and has a shelter that can be rented for community events. Read Mountain is an outdoor recreation area that covers 243 acres; the park includes a trail system that has five miles of paths with varying levels of difficulty. At Buzzards Rock, visitors can get a great view of the entire Roanoke Valley.
Affordable rental homes! Rents in Hollins are lower than in 74 percent of other neighborhoods in the country. The community around Hollins University has the lowest vacancy rates at about 4 percent. If you're looking for rental houses, try the communities of Meadowcrest Avenue or Oakland Boulevard.
Explore the Blue Ridge Mountains! Hollins is just a short drive from the natural beauty of the Blue Ridge Mountains. The Blue Ridge Parkway follows the mountain's ridges and the area around Hollins is surrounded by the Jefferson National Forest and the George Washington National Forest; both forests provide abundant opportunities for camping, hiking and fishing.