Rent to own Homes in Short Pump, VA
Short Pump, VA is practically a part of Richmond. This 9.1-square-mile, census-designated place (CDP) keeps attracting more and more residents, thanks to its proximity to the state capital. It had more than 24,729 people as of the 2010 Census, but that number has undoubtedly grown even higher since then. Despite its rising population, most businesses and homes officially use Richmond or Glen Allen for their address, so don't expect to see Short Pump on your incoming mail.
Short Pump, VA is a great place for affordable rent-to-own homes! With a median household income of over $106,766 and a median rent of $1,454, the Short Pump, 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 Short Pump, 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 Short Pump, VA Property Resources
Rent to own Homes in Cities Near Short Pump, VA
- Ashland
- Aylett
- Beaverdam
- Bellwood
- Bensley
- Bon Air
- Bowling Green
- Brandermill
- Bumpass
- Central Garage
- Chamberlayne
- Chesterfield
- Crozier
- Doswell
- Dumbarton
- East Highland Park
- Glen Allen
- Gum Spring
- Hanover
- Henrico
- Highland Springs
- Innsbrook
- Lake Caroline
- Lake Land Or
- Lakeside
- Laurel
- Maidens
- Manakin Sabot
- Manchester
- Manquin
- Meadowbrook
- Mechanicsville
- Midlothian
- Milford
- Montpelier
- Montrose
- Newtown
- Oilville
- Partlow
- Powhatan
- Quinton
- Richmond
- Rockville
- Ruther Glen
- Saint Stephens Church
- Sandston
- Short Pump
- Spotsylvania
- Woodford
- Wyndham
Neighborhoods in Short Pump, VA
West Broad Village rent to own homes Twin Hickory rent to own homes Short Pump rent to own homesPopular Zip Codes in Short Pump, VA
23233 rent to own homesBuying a Home in Short Pump, VA
Short Pump, VA is seeing rapid growth and Short Pump, VA's' housing market remains not optimal with an average home price that is 93% above the 2024 national average. Short Pump, VA is part of Henrico 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 Henrico is 0.77% which is below the national average, which is 0.99%.
Median Home Price in Short Pump, VA
Median Rent in Short Pump, VA
Top 5 Reasons to Live in Short Pump
Plenty of rentals! Just over one-third of homes in Short Pump are renter-occupied, which makes finding available rental homes or rent to own houses easier. Look near the Lake Loreine community if you prefer scenic water views or the Twin Hickory planned community for many rentals with amenities. Just keep in mind that housing in Short Pump is in growing demand, so be ready to grab an available rental fast.
Low property taxes! Even though the average home price in Short Pump is higher than the national average, the property tax rate here is lower. That lower tax rate helps offset having to pay more money for a home here than you would elsewhere in the US. Check for homes for sale in the Barclay community if you want to live in a more secluded area, or look near the Fox Hall neighborhood if you want plenty of neighbors and amenities close by.
Indoor recreation! Short Pump gives you a chance to have some fun indoors when the weather's too hot or cold for your liking. Work on scoring a perfect game or just have fun with glow-in-the-dark cosmic bowling at Bowl America. Grab your skates and head over to Richmond Ice Zone to take advantage of one of their public ice skating sessions, or sign up for lessons to learn how to glide around the rink.
Restaurants galore! Short Pump isn't a big place, but it packs plenty of dining options inside its boundaries. You'll find most of these at the Short Pump Town Center, which offers fine Italian dining at Maggiano's Little Italy and American cuisine at Firebirds Wood Fired Grill.
Fun and relaxation! Pack a lunch, take a stroll and enjoy the fresh air at Short Pump Park. At Funny Bone Comedy Club, you can check out the latest talent in stand-up comedy or take your turn on stage at open mic night.