Florida is the third most populous state in the United States, and has been home to many of the country’s most popular attractions. With such a large population, there are plenty of opportunities for rent to own homes in Florida.
The Sunshine State has long been a popular destination for tourists and retirees alike. From Fort Lauderdale to Orlando and Miami, there are plenty of opportunities to find rent-to-own homes in Florida.
Rent-To-OwnHomesListings is your source of rent to own homes in Florida. Check out rent to own homes listings in this area.
Featured Rent To Own Homes In Florida
Florida 40
Ocala, FL
$650/month
Single-Family
W 16th St
Jacksonville, FL
$950/month
Single-Family
Vamo Rd
Sarasota, FL
$1,200/month
Single-Family
Cordova Rd
Fort Lauderdale, FL 33316
$1,680/month
Single-Family
N Ola Ave
Tampa, FL 33602
$1,000/month
Single-Family
W Cherokee Rd
Tampa, FL 33629
$1,400/month
Single-Family
S West Shore Blvd
Tampa, FL 33609
$1,400/month
Single-Family
Sunderland Rd
Jacksonville, FL 32210
$1,200/month
Single-Family
Rent To Own Homes Florida
If you are looking for rent to own homes in the state of Florida, Rent-To-Ownhomeslistings is perfect for you. We are the premier provider of rent to own homes listings in Florida. As part of the service, we offer rent to own listings, as well as, credit repair services for anyone that has been recently turned down for a mortgage or home loan in FL. Finding a rent to own home has never been easier and our listings which include owner financing homes, lease option homes and lease purchase homes are updated daily. We got thousands of daily submissions of these hard to find properties in Florida and organize them in one place for you, making it easy to find rent to own homes in FL. We make sure you are prepared for the Rent to Own process and we are reinventing the smart path to homeownership.
Largest Cities Florida:
Miami | Fort Lauderdale | Hollywood | West Palm Beach | Orlando | Pompano Beach | Hialeah | Tampa | Saint Petersburg | Port Saint Lucie
Why Rent To Own In Florida?
Looking to rent to own a home in the state of Florida? Start your search by getting familiar with the local real estate market. Decide whether buying a rent to own home in Florida is right for you. Florida is other otherwise known as The Sunshine State and their state capital is Tallahassee.
Rent to own homes in Florida are a great option when you need to get into the market but don’t have enough cash. They’re also a good choice if you have credit problems or poor credit history that’s preventing you from getting approved for a traditional mortgage.
Rent to own homes are also similar to lease-to-own properties, where tenants pay rent that goes towards buying the home over time. With both options, you’ll be able to live in your new home while having lower monthly payments than renting would entail.
What You Should Know About Rent to Own Homes in Florida
Florida real estate is hot. The Sunshine State is a destination for vacationers and retirees alike, which makes it a hot market for investors.
There are plenty of reasons why you should consider investing in Florida real estate, but here are the top four:
It’s a stable market. Florida has experienced very little fallout from the housing crisis and other economic woes that have plagued other parts of the country.
In fact, Florida has been one of the fastest-growing states in terms of population growth over the last decade. This means more people are buying homes and renting them out to others.
It’s affordable. While rent to own properties cost more than traditional rental properties because they require some sort of down payment upfront, they still tend to be cheaper than traditional mortgages. And once you’ve paid off your initial investment in the property through rent payments, you will own it outright at no additional cost!
How Does a Rent to Own Home in Florida Work?
Rent to own homes are a great option if you have poor credit or lack of upfront cash. Here’s how it works:
You rent the house, paying an initial deposit and monthly rent.
As time goes on (usually a few months), you put down more and more money toward buying the home outright.
The exact process varies depending on the program you choose, but it usually involves a lawyer to draw up a contract that outlines how much each party has to put down and when. You can also choose whether or not to include an option fee, which is paid upfront and helps cover closing costs. Once all parties agree on terms, your rent to own home will be yours!
Understanding the Rent To Own Contract Process and Your Rights
There are several types of rent-to-own contracts. Some are more favorable than others. The most common type involves a fixed monthly payment that increases with each rental period until it reaches the purchase price. This type of contract is typically for five years or less and does not allow for a prepayment penalty.
Popular Rent To Own Locations in Florida
Florida has many different areas that offer rental-to-own opportunities. Many people who live in Florida want to own their own property but they don’t want to put all the money down at once. This is where renting to own comes in handy! If you are looking for a place in Florida that offers this type of service, you should check out these places:
Cape Coral – This area has some great properties available for rent-to-own. It may take you longer if you choose this option than if you were able to pay cash for your home, but it will save you thousands of dollars in the long run!
Fort Lauderdale – Fort Lauderdale is one of the best places in Florida for those who are looking for bargains on homes that are available for rent-to-own options! You’ll be able to find some great deals here if you look hard enough and keep an eye out for them!
Naples – There are a lot of options for rent-to-own homes in Naples, so you should have no trouble finding one that fits your needs! If you’re looking to move out of the rental market and into a place that is yours, this is an excellent way to do it.
Tampa – Tampa is another great place to look for homes that are available for rent-to-own. You’ll be able to find some great deals here as well, especially if you look in the more affordable parts of the city!
Cost of Living in Florida
Florida is a great place to live and work. It is one of the most popular tourist destinations in the United States, and many people move there to retire. The cost of living in Florida varies depending on where you live, but it is generally slightly higher than in other states.
The average cost of rent in Florida is $1,541 per month. This number includes studio apartments and one-bedroom units as well as two-bedroom units. If you want a three-bedroom apartment or larger, the average rent will be higher at $1,871 per month. The median price for homes in Florida is $174,900.
Florida has a warm climate year-round, so it’s not surprising that people who live there enjoy outdoor activities like boating and fishing. Floridians also love their beaches, so they spend lots of time relaxing at the beach or going for walks along the shoreline.
Florida has no state income tax on wages or retirement income, which makes it an attractive place for retirees who want to move out of states like New York or California where taxes are high.
Florida Market Overview
Avg. Home Value: $402,900
Florida Economic Statistics
Median Income: $57,700
Local Businesses: 2,500,000
Florida Demographic:
Average Age: 38
Population: 21,247,264
Top Rated Schools in Florida
Florida Elementary Schools:
Somerset Academy Elementary School
Morikami Park Elementary School
Jacksonville Beach Elementary School
Florida Middle Schools:
Okaloosa Stemm Center
Archimedean Middle Conservatory
Pine View School
Florida High Schools:
Bayside High School
Boca Raton High School
Suncoast Community High School