Rent to own Homes in Fayetteville, GA
Home to 16,000 residents, Fayetteville is the historic county seat of Fayette County. Located just 22 miles from downtown Atlanta and 15 miles from the Hartsfield-Jackson International Airport, Fayetteville is in a prime location and offers charming neighborhoods, a historic downtown and excellent health care facilities. The city has received numerous awards in recent years, including being named by Forbes as one of the 10 best suburbs for retirement and as one of the best cities for home ownership in Georgia.
Fayetteville, GA is a great place for affordable rent-to-own homes! With a median household income of over $74,501 and a median rent of $1,263, the Fayetteville, GA 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 Fayetteville, GA. 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 Fayetteville, GA Property Resources
Rent to own Homes in Cities Near Fayetteville, GA
- Atlanta
- Avondale Estates
- Belvedere Park
- Bonanza
- Brooks
- Candler-McAfee
- Chattahoochee Hills
- College Park
- Concord
- Conley
- Decatur
- Douglasville
- Druid Hills
- East Griffin
- East Newnan
- East Point
- Ellenwood
- Experiment
- Fairburn
- Fayetteville
- Forest Park
- Gresham Park
- Griffin
- Hampton
- Hapeville
- Haralson
- Heron Bay
- Irondale
- Jonesboro
- Lake City
- Lithia Springs
- Locust Grove
- Lovejoy
- Mableton
- McDonough
- Morrow
- North Decatur
- North Druid Hills
- Orchard Hill
- Palmetto
- Panthersville
- Peachtree City
- Rex
- Riverdale
- Sharpsburg
- Smyrna
- Stockbridge
- Tyrone
- Williamson
- Woolsey
Neighborhoods in Fayetteville, GA
Fayetteville rent to own homesPopular Zip Codes in Fayetteville, GA
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Fayetteville, GA is seeing rapid growth and Fayetteville, GA's' housing market remains not optimal with an average home price that is 10% above the 2024 national average. Fayetteville, GA is part of Fayette 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 Fayette is 1.04% which is above the national average, which is 0.99%.
Median Home Price in Fayetteville, GA
Median Rent in Fayetteville, GA
Top 5 Reasons to Live in Fayetteville, GA
A True Buyer's Market! Take advantage of the surplus inventory in Fayetteville. There are more than 300 homes for sale in the city. Because 40.6 percent of homes have sold below their list price, it's clear that sellers are motivated to accept an offer that is below their asking number. Whether you're looking for a rent to own home or a single family residence, check out the neighborhoods of Woolsey and Cherokee Place for a great value.
Home Values are Skyrocketing! The median house price in Fayetteville has risen nearly 7 percent in the last year to $186,900. Most importantly, real estate experts predict that the market has not yet reached its peak, and values are expected to increase another 1.7 percent by 2015. The best deals can be had in some of Fayetteville's most desirable communities, like Forrest Ave and Plantation Drive.
Numerous Historical Buildings! Built in 1825, the Fayette County Courthouse is an imposing structure of impressive architecture that is situated in the center of the Town Square. Today, the Courthouse has been impeccably refurbished to house the Chamber of Commerce. Other notable sites include the Holliday-Dorsey-Fife House that was built in 1855 and the Margaret Mitchell Library, which hosts the Fayette County Historical Society.
Entertainment Hub of the South! In 2014, the famous Pinewood Studios of London opened the second largest film and television production studio in the United States in Fayetteville. Additionally, the city is the birthplace and current residence of famous musicians like Ann Nesby and Zac Brown.
Activities for any Age! Head to the Southern Ground Amphitheater for a music concert, dancing and great food. Held the third weekend in May, the Taste of Living History Days brings Fayetteville back in time to the Civil War as re-enactors relive past events.