Rent to own Homes in Clearwater, FL
The median home sale price in Clearwater is approximately $130,000 and has been increasingly steadily in the past few years. Thanks to the many sprawling beaches, the real estate of this city has received quite a boost. Having said as much, the number of home sale transactions underwent a sharp decline last year. As a consequence, apartment vacancy rates surged to almost 20%, among the highest in the country. Of the occupied homes, close to 50% are owned and 30 % rented. Clearly, there has been a shift away from buying towards renting, or towards rent to own houses.
Clearwater, FL is a great place for affordable rent-to-own homes! With a median household income of over $50,335 and a median rent of $1,167, the Clearwater, FL 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 Clearwater, FL. 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 Clearwater, FL Property Resources
Rent to own Homes in Cities Near Clearwater, FL
- Bardmoor
- Bayonet Point
- Bay Pines
- Beacon Square
- Bear Creek
- Belleair
- Belleair Shore
- Clearwater
- Clearwater Beach
- Dunedin
- East Lake
- Egypt Lake-Leto
- Elfers
- Feather Sound
- Greenbriar
- Gulfport
- Harbor Bluffs
- Holiday
- Hudson
- Indian Rocks Beach
- Indian Shores
- Kenneth City
- Key Vista
- Lake Magdalene
- Largo
- Lutz
- Madeira Beach
- Moon Lake
- New Port Richey
- New Port Richey East
- Northdale
- North Redington Beach
- Odessa
- Oldsmar
- Palm Harbor
- Pinellas Park
- Port Richey
- Redington Beach
- Redington Shores
- Ridgecrest
- River Ridge
- Safety Harbor
- Seminole
- South Highpoint
- St. Pete Beach
- Tarpon Springs
- Tierra Verde
- Trinity
- Westchase
- West Lealman
Neighborhoods in Clearwater, FL
Bay Aristocrat Village rent to own homes Bel-Keene rent to own homes Beverly Terrace rent to own homes Grovewood rent to own homes Historic Bayview rent to own homes Imperial Courts Bldg rent to own homes Imperial Cove rent to own homes Imperial Park rent to own homes Keene Acres rent to own homes Live Oak Park rent to own homesPopular Zip Codes in Clearwater, FL
33758 rent to own homes 33756 rent to own homes 33766 rent to own homes 33755 rent to own homes 33761 rent to own homes 33759 rent to own homes 33765 rent to own homesBuying a Home in Clearwater, FL
Clearwater, FL is seeing rapid growth and Clearwater, FL's' housing market remains not optimal with an average home price that is 4% above the 2024 national average. Clearwater, FL is part of Pinellas 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 Pinellas is 0.91% which is below the national average, which is 0.99%.
Median Home Price in Clearwater, FL
Median Rent in Clearwater, FL
Tourist Attractions As mentioned earlier, the Clearwater Beach is by far the largest crowd puller in the city. And why shouldn't it be? Won't you just love to lie on beach with your favorite book and a drink by the side. Don't forget the lovely natural tan treatment you would be getting. When you have had your share of lazing around at the beach, you can also enjoy parasailing, fishing or dolphin tours. Besides the beach, you can also visit the Clearwater Marine Aquarium, home to a variety of marine species, right from river otters to sharks. The city is also known for the Sand Key Park, which has a large playground for kids along with a beach.
Transportation and Commutes One of the other perks of living in Clearwater is the ease of commutation, at least for people with their own cars. Almost 60% of the people drive to work, either alone or in the form of carpool. The average commute time is close to 20 minutes and traffic is usually manageable. In terms of public transport, a bus service is run by Pinellas Suncoast Transit Authority, and 35 routes are covered under their services. Alternatively, you can also hop on trollies run by Jolley Trolley, which run between Clearwater Beach, Downtown, Palm Harbor and Tarpon Springs.
Local Restaurants Since Clearwater is known for its beaches, you can expect to see a lot of restaurants serving exquisite seafood. The Frenchies is a huge chain of cafes, grills and restaurants spread over the beaches in the city. Whether you want to enjoy cocktails by the beach, or have fish tacos with a chilled glass of beer, this is the place to be. Palm Pavillion and Billy's Stone Crab Restaurant also offer the classic beachside experience with delicious sea food and drinks. For more elaborate fine dining, head on to Mandalay's Avenue or Island Way Grill.
Weather and Climate Clearwater has dry and moderately cold winters along with hot and humid summers. It has its fair share of sunny days with little rainfall during the summers. The months of June and July are probably the worst as humidity levels become very high. The temperature in summers(lasting from April through September roughly) hovers between 60-90F while in the winters, it falls between 50-80F. The most pleasant weather conditions can be experienced in the months through January to March and September to November. This is also the time when the city is flocked with tourists.