Rent to own Homes in Hialeah, FL
The cost of living is a bit higher than some areas of the country, though you can still find rental houses at reasonable prices. If you want to rent to own, the average cost is $950 per month. If you are looking to buy outright instead, you're looking at average costs of $220,000. Most homes are valued at about $130,000. About 70 percent of residents own their homes, leaving less than 30 percent to rent. The vacancy rate for homes is less than 10 percent on average. Most of the properties are single-family homes that are not too old, as they were built between the 1940s and the 1970s. Due to Hialeah's growth, you should have no problem finding rental homes here.
Hialeah, FL is a great place for affordable rent-to-own homes! With a median household income of over $38,471 and a median rent of $1,210, the Hialeah, 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 Hialeah, 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 Hialeah, FL Property Resources
Rent to own Homes in Cities Near Hialeah, FL
- Aventura
- Bal Harbour
- Bay Harbor Islands
- Biscayne Park
- Boulevard Gardens
- Broadview Park
- Brownsville
- Coconut Creek
- Cooper City
- Coral Gables
- Coral Springs
- Coral Terrace
- Country Club
- Country Walk
- Cutler Bay
- Dania
- Dania Beach
- Davie
- Hallandale
- Kendale Lakes
- Lauderdale-by-the-Sea
- Lauderdale Lakes
- Lauderhill
- Margate
- Miami Gardens
- Miami Lakes
- Miami Shores
- North Lauderdale
- North Miami Beach
- Oakland Park
- Ojus
- Opa-locka
- Palmetto Bay
- Palmetto Estates
- Palm Springs North
- Pembroke Park
- Pembroke Pines
- Pinewood
- Plantation
- Roosevelt Gardens
- Sea Ranch Lakes
- Southwest Ranches
- Sunset
- Virginia Gardens
- Washington Park
- Westchester
- West Miami
- West Park
- Westview
- Westwood Lakes
Neighborhoods in Hialeah, FL
Westhaven Heights rent to own homes Hialeah Acres rent to own homes Palm Springs rent to own homes Westhaven Park rent to own homes Seminola City rent to own homes Gratigny Red rent to own homes Essex Village rent to own homes Trojan Park rent to own homes Palmetto I-75 Indusrtial Center rent to own homes Lakebelle rent to own homesPopular Zip Codes in Hialeah, FL
33011 rent to own homes 33002 rent to own homes 33010 rent to own homes 33016 rent to own homes 33012 rent to own homes 33013 rent to own homesBuying a Home in Hialeah, FL
Hialeah, FL is seeing rapid growth and Hialeah, FL's' housing market remains not optimal with an average home price that is 18% above the 2024 national average. Hialeah, FL is part of Miami-Dade 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 Miami-Dade is 1.02% which is above the national average, which is 0.99%.
Median Home Price in Hialeah, FL
Median Rent in Hialeah, FL
Arts and Culture Hialeah is rich in diverse culture. There are museums and activities that appeal to just about everyone, as well as a number of recreational and educational programs for children, families and senior citizens. There are cultural arts theaters, 15 parks, two tennis centers, a number of sport leagues, and activities for the city's most youthful residents. The Art on Pal Festival, Eggstravaganza, Santa's Snow Blast and the famous 4th of July celebration are all important to Hialeah residents. You can also visit the Amelia Earhart Park, which is a memorial to the famous female pilot. The newly developed Milander Park features a municipal auditorium, a 10,000-seat football stadium and a range of art exhibits. It also provides live entertainment and a bunch of interactive activities.
Local Sports There are many local youth sports opportunities, including the Recreation Soccer League and the City of Hialeah Flag Football, Recreational Basketball League, Girls' Volleyball, and Co-Ed Volleyball programs. For competitive sports, you'll find Fast Break Basketball, Hialeah Youth Soccer League, and the NFL Flag Football League. The Hialeah Park Race Track, featuring quarter horse races, provides betting fun. Not only is there a race track here, but you'll also find casinos in this city. The area also hosts numerous pools and aquatic centers, including Babcock Pool, McDonald Aquatic Center, Bucky Dent Aquatic Center, and Reid Pool.
Neighborhoods Hialeah is a vibrant city on the rise. Here are the neighborhoods you should know about: