Rent to own Homes in Burlington, VT
Mesmerizing Architecture! Take a self-guided walking tour around town where you'll find eras past have left their influence in grand infrastructures like the Italian-inspired Howard Opera House, or the Beaux Arts build of Burlington City Hall.
Burlington, VT is a great place for affordable rent-to-own homes! With a median household income of over $55,461 and a median rent of $1,279, the Burlington, VT 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 Burlington, VT. 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 Burlington, VT Property Resources
Rent to own Homes in Cities Near Burlington, VT
- Bolton
- Bolton Valley
- Bristol
- Burlington
- Cambridge
- Charlotte
- Colchester
- Cumberland Head
- East Charlotte
- East Fairfield
- Essex
- Essex Junction
- Fairfax
- Fairfield
- Ferrisburgh
- Grand Isle
- Hanksville
- Hinesburg
- Huntington
- Huntington Center
- Jeffersonville
- Jericho
- Keeseville
- Milton
- Moretown
- New Haven
- North Ferrisburgh
- North Hero
- Parc
- Plattsburgh
- Richmond
- Shelburne
- South Burlington
- South Hero
- St. Albans
- Starksboro
- St George
- Underhill
- Underhill Center
- Underhill Flats
- Vergennes
- Waterville
- West Charlotte
- Westford
- Williston
- Willsboro
- Willsboro Point
- Winooski
Neighborhoods in Burlington, VT
New North End rent to own homes Old North End rent to own homes Centennial rent to own homes South End rent to own homes Hill Section rent to own homesPopular Zip Codes in Burlington, VT
05406 rent to own homes 05402 rent to own homes 05401 rent to own homes 05405 rent to own homesBuying a Home in Burlington, VT
Burlington, VT is seeing rapid growth and Burlington, VT's' housing market remains not optimal with an average home price that is 44% above the 2024 national average. Burlington, VT is part of Chittenden 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 Chittenden is 1.61% which is above the national average, which is 0.99%.
Median Home Price in Burlington, VT
Median Rent in Burlington, VT
Burlington, VT:
Delectable meat-free meals! The town offers dining options for everyone and local carnivores and herbivores alike agree that you won't miss the meat when dining at local vegetarian hotspots like Stone Soup or Revolution Kitchen that serve up fresh and inspiring cuisine weeklong.
The great outdoors! The community offers gorgeous trails and scenic views that can be found at Waterfront Park, just off of Lake Champlain where locals run, picnic, and spend the afternoons surrounded by nature.
A bustling nightlife! A town with a budding arts scene is what you'll find here, and thanks to venues like Nectars and The Flynn Center there will be no shortage of live bands and productions on the schedule.
Regional brew and foodstuffs! At the Magic Hat brewery locals can sample the various beers that the brewery has to offer. Free tours and beer samples of a nationally prized product available throughout the week. While beer is flowing at the brewery, head to Dakin Farms if you're wishing to sample Vermont cheddar cheese and pure maple syrup, other delicacies that put the state on the culinary map.
Low cost housing options! The city offers residents a chance to secure rent to own homes at a fair price. Properties near Park Street and North Avenue hold a median value of $219,225 while neighboring blocks near North Winooski Avenue and North see a median value of $219,614.
Live near all of the action! Rent to own houses in the center of it all, reside nearest Pine and Main Streets where you'll be close to Burlington Bay and everything the city-center has to offer.
Rent to own a high-value abode! The community between St. Paul and South Willard streets boasts homes with median values of $432,991. Another area to consider when looking for valuable homes is Manhattan Drive and Park Street where median values are $219,225.