Rent to own Homes in Cornelius, NC
Cornelius is a scenic community situated on Lake Norman in Mecklenburg County, and it is also one of the county's youngest incorporated towns. The town was originally called Liverpool, but changed its name in the early 1900s to honor Joseph Benjamin Cornelius. The town has experienced rapid growth during the past decade and continues to be a sought-after place to live in the area, with its location near water, racing and the larger metropolitan area of Charlotte.
Cornelius, NC is a great place for affordable rent-to-own homes! With a median household income of over $90,377 and a median rent of $1,236, the Cornelius, NC 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 Cornelius, NC. 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 Cornelius, NC Property Resources
Rent to own Homes in Cities Near Cornelius, NC
- Alexis
- Belmont
- Catawba
- Charlotte
- China Grove
- Claremont
- Cleveland
- Concord
- Cornelius
- Cramerton
- Dallas
- Davidson
- Denver
- Enochville
- Gastonia
- Harrisburg
- High Shoals
- Huntersville
- Iron Station
- Kannapolis
- Lake Norman of Catawba
- Lake Norman Of Iredell
- Landis
- Lincolnton
- Lowell
- Lowesville
- Maiden
- Matthews
- McAdenville
- Mc Adenville
- Mint Hill
- Mooresville
- Mount Holly
- Mount Ulla
- Newton
- Pineville
- Ranlo
- Salisbury
- Sherrills Ford
- Spencer Mountain
- Springdale
- Stanley
- Statesville
- Terrell
- Troutman
- Westport
Neighborhoods in Cornelius, NC
Westmoreland rent to own homes Antiquity rent to own homes Wellsely Village rent to own homes Olde Mill Village rent to own homes Caldwell Station rent to own homes Heritage Green rent to own homes Preserve At Robbins Park rent to own homes Birkdale Village rent to own homes Cornelius Town Center rent to own homes The Peninsula rent to own homesPopular Zip Codes in Cornelius, NC
28031 rent to own homesBuying a Home in Cornelius, NC
Cornelius, NC is seeing rapid growth and Cornelius, NC's' housing market remains not optimal with an average home price that is 62% above the 2024 national average. Cornelius, NC is part of Mecklenburg 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 Mecklenburg is 1.05% which is above the national average, which is 0.99%.
Median Home Price in Cornelius, NC
Median Rent in Cornelius, NC
Top 6 Reasons to Live in Cornelius, NC
Many parks for nature lovers! Although the town is only 15 square miles in size, it boasts 10 public parks and a golf course. Jetton Park on Lake Norman features a beach, picnic areas, a playground, tennis courts, a formal garden, and biking and walking trails. You could easily spend a day taking in the scenery and having lunch by the water. The park also has several facilities you can reserve for special events.
Great dining options! Good food abounds in Cornelius. If you're out boating for the day, dock your boat and enjoy a seafood meal and drinks out on the spacious patio at the Rusty Rudder. For an upscale dining experience, visit 131 Main, which is open for lunch and dinner.
Home values are rising! The town has experienced rapid growth since 2000, with the population increasing by nearly 75 percent. Home values have remained fairly consistent over the past decade, with a modest median home price and home appreciation of about 9.2 percent. The Westmoreland subdivision features newer single-family homes, while Jetton Cove offers homes near the park and shopping centers.
Spend a day on the lake! Cornelius sits on Lake Norman, a 34-mile long man-made lake with 520 miles of shoreline. Take out your own boat or get a personal experience with Lake Norman Charter Boats. The lake has many coves where you can anchor and enjoy fishing or swimming. Visit Queens Landing for snacks, drinks and mini golf, or embark on a dinner cruise aboard the Catawba Queen.
Numerous housing choices with great views! Cornelius has many housing options, with modestly priced waterfront condominiums in the Windward complex or waterfront homes with your own private dock in Bahia Bay. You've got a range of choices for home size and ownership, from owning to renting to rent to own options.
Get the racing experience! Auto racing is big in the area, with many employers, museums and attractions devoted to the sport. Less than 20 miles away, catch a NASCAR race or other special event at Charlotte Motor Speedway. Take a tour, or drive the track yourself with a Richard Petty Driving Experience package. There's also a dirt track and V-Max Dragway at the speedway.