Rent to own Homes in Petersburg, VA
Petersburg, VA is located in Dinwiddie County on the banks of the Appomattox River. The town's location on the river has made it an important spot in the state's history, since it has been a strategic location for transportation and trade. During the Civil War, Union soldiers used Petersburg as a place to plot for the overthrowing of Richmond. Petersburg continues to be important for travel today, with three interstates passing through it, as well as an Amtrak train and riverboat traffic.
Petersburg, VA is a great place for affordable rent-to-own homes! With a median household income of over $43,029 and a median rent of $958, the Petersburg, 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 Petersburg, 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 Petersburg, VA Property Resources
Rent to own Homes in Cities Near Petersburg, VA
- Ashland
- Bellwood
- Bensley
- Bon Air
- Brandermill
- Chamberlayne
- Chester
- Chesterfield
- Church Road
- Colonial Heights
- Dinwiddie
- Disputanta
- Doswell
- Dumbarton
- East Highland Park
- Enon
- Ettrick
- Ford
- Fort Lee
- Glen Allen
- Hanover
- Henrico
- Highland Springs
- Hopewell
- Innsbrook
- Lakeside
- Laurel
- Manakin Sabot
- Manchester
- Manquin
- Matoaca
- Meadowbrook
- Mechanicsville
- Midlothian
- Montpelier
- Montrose
- Moseley
- Petersburg
- Powhatan
- Prince George
- Providence Forge
- Quinton
- Richmond
- Rockville
- Rockwood
- Sandston
- Short Pump
- Sutherland
- Tuckahoe
- Wyndham
Neighborhoods in Petersburg, VA
Petersburg Central Business District rent to own homes Old Towne Historic District rent to own homesPopular Zip Codes in Petersburg, VA
23804 rent to own homesMedian Home Price in Petersburg, VA
Median Rent in Petersburg, VA
Top 4 Reasons to Live in Petersburg
Rental options abound! People who want to rent in Petersburg or find a rent to own house there are in luck. There are rentals on the market, and about 55 percent of people who call Petersburg their hometown are renters. Apartments on Grove Ave by the river offer scenic water views as well as access to the town's best cultural and dining amenities. For people who like greenery more than water, a great place to live in Petersburg is by the town's Central Park.
Available residences! Want a home right now? Then you just might be in luck looking in Petersburg. The town usually has about a 10 percent vacancy rate, which means that there is usually something available for anyone looking. One of the best places in town to look is the Folly Castle Historic District, which boasts old historic properties and a distinct sense of history. Another benefit of Folly Castle Historic District is that it is near McKenzie Street Park, which is a great place to play sports, have picnics or just spend some time in the sunshine.
Eat your heart out! Virginia is known for its Southern comfort food, and you'll definitely find that in Petersburg, in addition to a slew of other excellent restaurants. People looking for a delicious bite in an elegant and upscale atmosphere will love eating at The Bistro at Market and Grove, which features views of the river and is a popular spot to host weddings and events. For something more casual and low-key but still delicious, residents of Petersburg frequent The Brickhouse Run, which is a classic pub with an outstanding menu of bar food.
Fun for everyone! Petersburg might be a small, but there's big amounts of fun and entertainment to be had there. Visit the Blandford Church and Cemetery for an important look at the area's history. Civil War buffs will enjoy visiting Petersburg National Battlefield Park, where they can a see an actual historic battlefield and learn about the history of the war.