Rent to own Homes in Holt, MI
Fun, affordable and conveniently located for both entertainment and employment opportunities, residents of Holt, MI, know they have the best of both worlds. Township ordinances encourage tidiness and property upkeep and a curfew ensures children are indoors at reasonable hours. On the other hand, shops, local eateries, community parks and a robust sports program managed by the school system provide plenty of recreational opportunities for those who aren't interested in traveling regularly to nearby Lansing.
Holt, MI is a great place for affordable rent-to-own homes! With a median household income of over $70,851 and a median rent of $1,016, the Holt, MI 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 Holt, MI. 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 Holt, MI Property Resources
Rent to own Homes in Cities Near Holt, MI
- Bath
- Charlotte
- Dansville
- DeWitt
- Dimondale
- Eagle
- East Lansing
- Eaton Rapids
- Edgemont Park
- Grand Ledge
- Haslett
- Holt
- Laingsburg
- Lake Victoria
- Lansing
- Leslie
- Mason
- Munith
- Okemos
- Onondaga
- Ovid
- Perry
- Pleasant Lake
- Potterville
- Rives Junction
- Shaftsburg
- Springport
- St. Johns
- Wacousta
- Waverly
- Webberville
- Westphalia
- Williamston
Neighborhoods in Holt, MI
Holt rent to own homesPopular Zip Codes in Holt, MI
48842 rent to own homesBuying a Home in Holt, MI
Holt, MI is seeing rapid growth and Holt, MI's' housing market remains optimal with an average home price that is -23% below the 2024 national average. Holt, MI is part of Ingham 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 Ingham is 1.97% which is above the national average, which is 0.99%.
Median Home Price in Holt, MI
Median Rent in Holt, MI
4 Reasons to Live in Holt, MI
Cheap real estate! If you're looking for an affordable community, Holt should be near the top of your list. The median home price here is $100,000, far lower than the national average of $170,000. The majority of houses here were built after 1980, which reduces your risk of having to deal with old wiring and other outdated material. This community offers especially affordable options near Town Center and in the Willoughby/Aurelia area.
Location! Just 11 miles outside of Lansing, Holt provides a quick commute for workers in the city or people who want to head out for a night on the town. Whether you live in an apartment or a rent to own home, you'll benefit from the easy access to the convenience of the big city. If you prefer a quieter night out, you can explore everything Holt has to offer. For a town of just over 12,000 residents, Holt offers a surprising number of amenities. With several parks, including Burchfield Park, the largest in Ingham County, restaurants, stores and three dance studios--Danceworks, Karyns Dance Place and Fusion Dance Center--there is plenty of charm to be found.
Low cost of living! If you want to stretch your budget, finding a city like Holt that has a low cost of living will make it easy. The cost of living is 14.8 percent lower than the national average, with groceries, goods and services and housing costs also falling below national average. The cost of healthcare is right in line with the national average. Holt is very budget-friendly and provides residents with low-cost shopping stores like Dollar General and Family Dollar, while providing easy access to additional services in nearby Lansing.
Recognized as a great place to live! While Holt is still a smaller community, it was named as one of the top places in Michigan to live in 2014, with a vacancy rate of 4.75 percent. Along with providing residents with the basics, like a RiteAid grocery store, it's peppered with sweet, specialty shops, like Everlasting Stitches. With a commute of just over two hours to Michigan State University and easy access to highways, this community provides a balance between city amenities and the comfort found in a small town. Search for a house near Hamilton Street ranging from $115,000 to $133,000