Rent to own Homes in Essex Junction, VT
Essex Junction, VT is a great place for affordable rent-to-own homes! With a median household income of over $76,845 and a median rent of $1,301, the Essex Junction, 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 Essex Junction, 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 Essex Junction, VT Property Resources
Rent to own Homes in Cities Near Essex Junction, 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 Essex Junction, VT
Essex Junction Village rent to own homesPopular Zip Codes in Essex Junction, VT
05453 rent to own homesBuying a Home in Essex Junction, VT
Essex Junction, VT is seeing rapid growth and Essex Junction, VT's' housing market remains not optimal with an average home price that is 40% above the 2024 national average. Essex Junction, 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%.