Rent to own Homes in Upper Grand Lagoon, FL

Welcome to Upper Grand Lagoon, a true gem of the Florida Panhandle and Bay County. Located right across Saint Andrew Bay from Panama City, Upper Grand Lagoon is the definition of a Gulf Coast town. A census-designated place, Upper Grand Lagoon is home to roughly 14,000 inhabitants. Full of pleasant planned communities and situated next to the ocean and the action of Panama City, this town is a solid choice for those looking to settle down beneath the Florida sun.

Upper Grand Lagoon, FL is a great place for affordable rent-to-own homes! With a median household income of over $58,878 and a median rent of $1,158, the Upper Grand Lagoon, 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 Upper Grand Lagoon, 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.

Check out Upper Grand Lagoon, FL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
1 of 12 2401 15th st west
Rent To Own
Hursts Replat
Multifamily (2 - 4 Units)
Panama City, FL 32405
8
2
2628 ft2
1952
117 Glades Turn Panama
Rent To Own
Panama City Beach
Single Family Home
Panama City Beach, FL 32407
3
2
1636 ft2
1993
1 of 32 10611 FRONT BEACH RD
Rent To Own
Long Beach Resort
Townhouse/Condo
Panama City Beach, FL 32407
4
4
1637 ft2
2006
917 ROSEMONT DR
Rent To Own
Huntingdon Estates
Single Family Home
Panama City, FL 32405
3
2
1869 ft2
1976
707 W 8th St
Rent To Own
Lynn Haven
Single Family Home
Lynn Haven, FL 32444
4
2
1642 ft2
1974
3303 COUNTRY CLUB DR
Rent To Own
Country Club Harbour Estates
Single Family Home
Lynn Haven, FL 32444
3
4
3919 ft2
1990
110 Swan Rd
Rent To Own
 
Single Family Home
Panama City, FL 32404
3
2
1646 ft2
1962
Hot
1 of 8 200 HUGH THOMAS DR
Rent To Own
Grimes Callaway Bayou Estates
Single Family Home
Panama City, FL 32404
3
2
2557 ft2
1988
New
4300 BAY POINT RD #415
Rent to Own Eligible
Upper Grand Lagoon
Townhouse/Condo
Panama City, FL 32408
2
2
1300 ft2
1980
1 of 171 6422 W HIGHWAY 98
Rent to Own Eligible
Upper Grand Lagoon
Townhouse/Condo
Panama City Beach, FL 32407
3
3
1916 ft2
2007
204 BONITA CIR
Rent to Own Eligible
 
Townhouse/Condo
Panama City, FL 32408
2
2
1200 ft2
2005
1737 ANNABELLAS DR
Rent to Own Eligible
Gulf Coast Highway
Single Family Home
Panama City Beach, FL 32407
4
4
1954 ft2
2013
112 DANA WAY
Rent to Own Eligible
Brandywine Estates
Single Family Home
Panama City Beach, FL 32407
3
2
1445 ft2
1994
4321 LEGEND PL #4
Rent to Own Eligible
Upper Grand Lagoon
Townhouse/Condo
Panama City, FL 32408
3
2
1636 ft2
1997
5004 THOMAS DR #302
Rent to Own Eligible
Treasure Island Section One
Townhouse/Condo
Panama City, FL 32408
2
2
1370 ft2
2005
1 of 28 5225 Sunset Ave
Rent to Own Eligible
Biltmore Beach
Single Family Home
Panama City Beach, FL 32408
2
2
900 ft2
1985
1 of 89 8727 THOMAS DR
Rent to Own Eligible
Panama City Beach
Townhouse/Condo
Panama City, FL 32408
2
2
1086 ft2
1974
6621 GULF DR
Rent to Own Eligible
 
Single Family Home
Panama City, FL 32408
2
2
1422 ft2
1979
7328 SUNSET AVE
Rent to Own Eligible
Holiday Beach
Single Family Home
Panama City, FL 32408
3
2
1624 ft2
1984
5801 THOMAS DR #905
Rent to Own Eligible
 
Townhouse/Condo
Panama City, FL 32408
1
2
916 ft2
1982
New
4121 COBALT CIR #P105
Rent to Own Eligible
Upper Grand Lagoon
Townhouse/Condo
Panama City, FL 32408
3
3
1840 ft2
2007
4455 W 19TH ST #45
Rent to Own Eligible
St. Andrews
Single Family Home
Panama City, FL 32405
2
2
1164 ft2
1988
7205 THOMAS DR #A306
Rent to Own Eligible
Holiday Beach
Townhouse/Condo
Panama City, FL 32408
1
1
960 ft2
1974
8005 PANAMA CITY BEACH PKWY
Rent to Own Eligible
Upper Grand Lagoon
Single Family Home
Panama City Beach, FL 32407
2
3
1632 ft2
1968
New
6500 BRIDGE WATER WAY #401
Rent to Own Eligible
Upper Grand Lagoon
Townhouse/Condo
Panama City Beach, FL 32407
3
2
2022 ft2
2005
6220 Sunset Dr
Rent to Own Eligible
Treasure Cove
Single Family Home
Panama City Beach, FL 32408
2
2
1080 ft2
2003
5801 THOMAS DR #1320
Rent to Own Eligible
 
Townhouse/Condo
Panama City, FL 32408
2
2
1144 ft2
1975
1 of 301 1219 THOMAS DR
Rent to Own Eligible
Upper Grand Lagoon
Townhouse/Condo
Panama City, FL 32408
2
2
626 ft2
2005
5434 HOPETOWN LN
Rent to Own Eligible
Port Lagoon
Single Family Home
Panama City, FL 32408
3
4
2317 ft2
2003
1 of 25 3903 Raven St
Rent to Own Eligible
Holiday Beach
Single Family Home
Panama City Beach, FL 32408
6
5
4072 ft2
1976
8700 FRONT BEACH RD #8107
Rent to Own Eligible
Upper Grand Lagoon
Townhouse/Condo
Panama City Beach, FL 32407
3
4
2576 ft2
2008
241 VILLA BAY DR
Rent to Own Eligible
 
Single Family Home
Panama City Beach, FL 32407
3
2
1653 ft2
2020
1 of 78 6545 N LAGOON DR
Rent to Own Eligible
Upper Grand Lagoon
Townhouse/Condo
Panama City, FL 32408
2
1
944 ft2
1984
7671 SHADOW LAKE DR
Rent to Own Eligible
 
Single Family Home
Panama City Beach, FL 32407
3
3
1496 ft2
2020
521 COVE VILLA ST
Rent to Own Eligible
 
Single Family Home
Panama City Beach, FL 32407
4
2
1768 ft2
2021
8217 SINGLETARY ST
Rent to Own Eligible
Gulf Coast Highway
Single Family Home
Panama City Beach, FL 32407
3
2
1900 ft2
1964
6422 W HIGHWAY 98 #104
Rent to Own Eligible
Upper Grand Lagoon
Townhouse/Condo
Panama City Beach, FL 32407
2
2
1384 ft2
2007
1 of 37 4330 Legend Pl
Rent to Own Eligible
Upper Grand Lagoon
Single Family Home
Panama City Beach, FL 32408
3
2
1503 ft2
1995
7506 THOMAS DR
Rent to Own Eligible
Holiday Beach
Single Family Home
Panama City, FL 32408
3
3
1731 ft2
2002
New
4050 MARRIOTT DR #3503
Rent to Own Eligible
Lagoon Heights
Townhouse/Condo
Panama City, FL 32408
2
2
1512 ft2
2007
6323 THOMAS DR #404B
Rent to Own Eligible
Crescent Beach
Townhouse/Condo
Panama City, FL 32408
2
2
1600 ft2
1994
4620 BAY POINT RD #1002
Rent to Own Eligible
Upper Grand Lagoon
Townhouse/Condo
Panama City, FL 32408
2
2
1486 ft2
1986
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Buying a Home in Upper Grand Lagoon, FL

Upper Grand Lagoon, FL is seeing rapid growth and Upper Grand Lagoon, FL's' housing market remains not optimal with an average home price that is 13% above the 2024 national average. Upper Grand Lagoon, FL is part of Bay 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 Bay is 0.61% which is below the national average, which is 0.99%.

Median Home Price in Upper Grand Lagoon, FL

Median Rent in Upper Grand Lagoon, FL

Rent to own homes offer low monthly payments and flexible terms.

Top 4 Reasons to Live in Upper Grand Lagoon, FL

Go out and enjoy the water! Upper Grand Lagoon sits right by the Gulf of Mexico. Residents here can swim, jet ski, boat, fish, lay in the sand and more -- every day. There are numerous businesses in town offering boat rentals and sea tours. At St. Andrew's State Park, you can do everything from renting pontoons and setting off on a snorkeling excursion to packing a picnic and taking in views of the bay. Grand Lagoon Water Sports offers jet ski rentals, dolphin tours, and charter fishing to those looking for an adventure, while Captain Jack's Private Yacht Charters can take you out to spear fish, dive, or just explore.

Get a house beside the ocean! 53.9% of housing units in Upper Grand Lagoon are single-family dwellings, which indicates the majority of those living here have their own yard. What makes these houses even better is that many are right next to the beach. Houses near Bay Point Marina or Diver's Den, for instance, are within steps of the sea. You should be able to find homes for sale, rent, and even rent to own in seaside locations in Upper Grand Lagoon.

Wine and dine on the coast! Nothing beats going out for a tasty meal and a few drinks with the ocean as a backdrop. While living in Upper Grand Lagoon, you can do that every day. Order up a seafood platter at J. Michael's Restaurant, have Tequila and tacos at Marina Cantina, and taste the shrimp and wine at Capt. Anderson's. Seafood is the choice dish in Upper Grand Lagoon, but there are plenty of other good foods to be had. Head to the intersection of Thomas Drive and North Lagoon Drive and see where your appetite leads you.

Choose to rent or buy! 35% of Upper Grand Lagoon rents, while 65.0% owns. With a market that's friendly to both renters and buyers, you'll have no trouble finding something that suits your needs and preferences. For rental homes, check near Cardenas Seafood Market and the center of town, as there are some apartments and townhouses nearby. To view for sale listings, look in communities such as Point Royal and Magnolia Estates.