Rent to own Homes in Poinciana, FL
The Real Estate Market is on Fire: The value of Poinciana homes has skyrocketed, with an increase of 32% in the last year. If that wasn't shocking enough, Zillow expects these homes to appreciate again by 13.6% in the coming year. With a 6.1% jump observed from the last quarter alone,
Poinciana, FL is a great place for affordable rent-to-own homes! With a median household income of over $49,628 and a median rent of $1,305, the Poinciana, 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 Poinciana, 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 Poinciana, FL Property Resources
Rent to own Homes in Cities Near Poinciana, FL
- Alturas
- Auburndale
- Babson Park
- Bartow
- Bay Hill
- Bay Lake
- Belle Isle
- Buenaventura Lakes
- Campbell
- Celebration
- Conway
- Crooked Lake Park
- Cypress Gardens
- Davenport
- Doctor Phillips
- Dundee
- Eagle Lake
- Edgewood
- Four Corners
- Frostproof
- Gotha
- Grenelefe
- Haines City
- Highland Park
- Hillcrest Heights
- Holden Heights
- Horizon West
- Hunters Creek
- Inwood
- Jan Phyl Village
- Kenansville
- Kissimmee
- Lake Alfred
- Lake Buena Vista
- Lake Hamilton
- Lakeland
- Lake Mary Jane
- Lake Wales
- Loughman
- Meadow Woods
- Oak Ridge
- Ocoee
- Orlando
- Orlovista
- Polk City
- Southchase
- Tangelo Park
- Waverly
- Williamsburg
- Winter Haven
Buying a Home in Poinciana, FL
Poinciana, FL is seeing rapid growth and Poinciana, FL's' housing market remains optimal with an average home price that is -13% below the 2024 national average. Poinciana, FL is part of Osceola 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 Osceola is 0.95% which is below the national average, which is 0.99%.
Median Home Price in Poinciana, FL
Median Rent in Poinciana, FL
Top 11 Reasons to Live in Poinciana, FL
rent to own houses have never been so attractive. Need to deck out your home? Look for home goods at stores like Nursery Supplies Inc. and and Legacy Appliance Repair.
Rent for Less: Despite the market's recent mind-blowing performance, the homes for rent are surprisingly inexpensive in this community. According to Zillow, $950 was the median rental cost. This bodes well for finding
rent to own opportunities. It's even possible to find some three-bedroom houses for less than $900 per month. Want to live near somewhere delicious to eat? Check out homes near Lemay's or Taco Maker.
Real Estate Can Be Had for Cheap: The median list price per square foot in Poinciana is $76 as of March 2014. Compare that with 2013's $62 or the $59 from 5 years prior. In addition, the median sale price is $108,550. In short, bargain-hunters have every reason to be excited about this market. If you like living near greenery, check out homes near Croissant Park or Cliff Lake.
More Listings, More Sales: The number of sales listings has steadily gone up from 212 in February 2014 to a steady 217 by March 5, 2014. When you look at the graph, it shows a steady trend of thousands of homes being put up for sale. At the end of the day, buyers have a lot to work with. Want to know where to buy great groceries once you move? Unidos Supermarket and MDJ Home are great choices.
High Vacancy Rates: In Poinciana, 60.39% of the homes are owned. This isn't quite a strong majority, but it does let people know there's an established community here. Meanwhile there's also a 20.58% vacancy rate. What this means is that finding
rent to own homes and staking your claim should be relatively smooth sailing. If you want to have a great time at night at home, check out bars in town like Poinciana Lounge or Sidelines Sports Grill.
Pay Reasonable Property Tax: The median property tax in the US is $11.20 for every $1,000 of the home's value. In Poinciana, residents are paying just $11.25. If you want to deck out your garden, check out great local stores like Poinciana Nursery or Nursery Supplies Inc.
Eat to Your Heart's Content: One thing you'll love about Poinciana is the familiarity of the food. There's a Denny's on Cypress Parkway that consistently gets positive reviews, and there's also a NYPD Pizzeria. How's that for comfort food?
Lower Cost of Living: In Poinciana, people live at 12.6% below the US average. This means that you can shop til you drop in your free time! Check out malls like Poinciana Town Centre or Millard Mall.
A Growing Community: Poinciana has a jaw-dropping growth rate to match its red-hot real estate market. From 2000 to the present, population growth has been estimated at 196%. To those who are looking to move in now, this is fantastic news. Want to work out near where you live? Check out bars like Icebar Orlando or Aventuras Sports Bar.
A Cleaner Environment: According to City Data, Poinciana had a 22.6 Air Quality Index level in 2010. In the same year, this CDP's ozone levels were also found to be slightly below average at 26.4 ppb level. Fresher air is in everyone's best interests. Need your car worked on? Check on shops like Tire Kingdom and Murphy USA.
Plenty of Ways to Relax: How does a person unwind around here? For starters, Lake Toho offers great fishing. The Poinciana Golf Club also provides a source of relaxing recreation. Brinson Park, Lake Lizzie Nature Preserve, and Lakeside Community Park also provide opportunities to enjoy the outdoors.