Rent to own Homes in Montpelier, VT
Montpelier, VT is a great place for affordable rent-to-own homes! With a median household income of over $65,668 and a median rent of $1,060, the Montpelier, 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 Montpelier, 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 Montpelier, VT Property Resources
Rent to own Homes in Cities Near Montpelier, VT
- Bolton
- Brandon
- Bridport
- Bristol
- Burlington
- Charlotte
- Chittenden
- Crown Point
- East Charlotte
- East Middlebury
- Essex
- Essex Junction
- Ferrisburgh
- Granville
- Hancock
- Hanksville
- Hinesburg
- Huntington
- Huntington Center
- Lincoln
- Middlebury
- Moretown
- New Haven
- North Ferrisburgh
- Orwell
- Pittsfield
- Port Henry
- Richmond
- Ripton
- Roxbury
- Salisbury
- Shelburne
- Shoreham
- South Burlington
- South Lincoln
- Starksboro
- St George
- Vergennes
- Waitsfield
- Warren
- West Charlotte
- Westport
- Whiting
- Williston
Neighborhoods in Montpelier, VT
Downtown Montpelier rent to own homes North Street rent to own homes The Meadow rent to own homes Toy Town rent to own homes Park West rent to own homes Murray Hill rent to own homes Berlin Street rent to own homes Towne Hill rent to own homes Upper Elm Street rent to own homes Barre-O rent to own homesPopular Zip Codes in Montpelier, VT
05609 rent to own homes 05603 rent to own homes 05633 rent to own homes 05620 rent to own homesBuying a Home in Montpelier, VT
Montpelier, VT is seeing rapid growth and Montpelier, VT's' housing market remains not optimal with an average home price that is 18% above the 2024 national average. Montpelier, VT is part of Washington 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 Washington is 1.7% which is above the national average, which is 0.99%.