Rent to own Homes in Parkland, FL
Located in the Broward County, Florida, Parkland, as the name suggests, resembles much of a park due to its luscious greens, wide array of plains and country-like vibe. Zoning laws have been established to preserve this park-like characteristic of the town and to protect the livelihood of the small farms and ranches, while making room for the real estate development in the more urban parts of the town.
Parkland, FL is a great place for affordable rent-to-own homes! With a median household income of over $159,692 and a median rent of $2,670, the Parkland, 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 Parkland, 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 Parkland, FL Property Resources
Rent to own Homes in Cities Near Parkland, FL
- Acacia Villas
- Atlantis
- Boca Raton
- Boulevard Gardens
- Boynton Beach
- Briny Breezes
- Broadview Park
- Coconut Creek
- Cooper City
- Coral Springs
- Dania Beach
- Davie
- Deerfield Beach
- Delray Beach
- Golf
- Greenacres
- Gulf Stream
- Highland Beach
- Hillsboro Beach
- Hillsboro Pines
- Hypoluxo
- Kenwood Estates
- Lake Clarke Shores
- Lakewood Gardens
- Lake Worth
- Lake Worth Beach
- Lantana
- Lauderdale-by-the-Sea
- Lauderdale Lakes
- Lauderhill
- Lighthouse Point
- Loxahatchee Groves
- Manalapan
- Margate
- North Lauderdale
- Oakland Park
- Ocean Ridge
- Palm Beach
- Palm Springs
- Parkland
- Pembroke Park
- Pembroke Pines
- Plantation
- Roosevelt Gardens
- Southwest Ranches
- Tamarac
- The Acreage
- Watergate
- Wellington
- Weston
Buying a Home in Parkland, FL
Parkland, FL is seeing rapid growth and Parkland, FL's' housing market remains not optimal with an average home price that is 190% above the 2024 national average. Parkland, FL is part of Broward 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 Broward is 1.08% which is above the national average, which is 0.99%.
Median Home Price in Parkland, FL
Median Rent in Parkland, FL
Top 4 Reasons to Live in Parkland, FL
Hundreds of new listings! You will never run out options when it comes to finding a new home, because the city of Parkland has a long list of new properties that interested individuals can choose from. Most of these houses are located in Heron Bay, Pine Tree Estates, Cypress Head, and The Ranches. Rent to own is also an option people can explore. Multiple lot sizes ranging from one-third to over two acres are available, where small to large houses can be built depending on the neighborhood sizes. Larger houses are built on large lots within gated communities and the prices range from $800,000 to $1 million.
Explore the many parks within the city! Parkland got its name because of its many parks. In fact, its zoning laws have been designed to protect the parks since they characterize the city. Before the early 2000s, there were no stores or traffic lights within the city to uphold its image of being a park-like city. Some of the parks in the city are Barkland Dog Park, 6 Acre Wood Park, Liberty Park, Veteran Park, John H. Quigley Park, Doris Davis Forman Wildlife Preserve, and Covered Bridge Park. Terramar Park includes facilities for many activities including baseball, basketball, and soccer. There's also an equestrian center at Temple Park and a fishing spot at Pine Trails Park, which is currently undergoing expansion.
Discounted property taxes! According to the Broward County Appraiser's Office, residents who pay their property taxes early get a significant discount. This ranges from 1 to 4 percent depending on which month a resident would pay by. Billings are distributed on early November and those who pay their taxes in the same month get a 4 percent discount. This billing received in November covers the period of January to December of that same year. The latest month one could pay to avail of a discount is on February; however, only 1 percent discount would be received.
Feed your mind at the City of Parkland Library! Besides housing a rich collection of educational materials, the city library located on University Drive also serves as a training center and a venue for many activities that promote education, environmental awareness, community outreach, culture and diversity. Some activities held here are storybook reading for kids, film discussion for teens, and book discussions for adults.