Rent to own Homes in Kernersville, NC
Kernersville is a town in Forsyth County North Carolina and is part of the Greensboro/High Point/Winston-Salem area. Located between Greenville and Greensboro, Kernersville is just 9 miles from Winston-Salem. It was first settled in 1756 by Jacob Story, mostly used as farmland to grow tobacco. In 1817, the land was purchased by Joseph Kerner and the town was renamed Kerner's Crossroad. It was renamed again later, as Kernersville. Recently, farming land surrounding the town has been converted to housing developments.
Kernersville, NC is a great place for affordable rent-to-own homes! With a median household income of over $56,991 and a median rent of $851, the Kernersville, 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 Kernersville, 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 Kernersville, NC Property Resources
Rent to own Homes in Cities Near Kernersville, NC
- Advance
- Ararat
- Belews Creek
- Bermuda Run
- Bethania
- Clemmons
- Colfax
- Danbury
- East Bend
- Farmington
- Germanton
- Greensboro
- High Point
- Hillsdale
- Kernersville
- King
- Lawsonville
- Lewisville
- Lexington
- Linwood
- Madison
- Midway
- Mocksville
- Oak Ridge
- Pfafftown
- Pilot Mountain
- Pine Hall
- Pinnacle
- Rural Hall
- Sandy Ridge
- Siloam
- Smithtown
- Stokesdale
- Summerfield
- Thomasville
- Tobaccoville
- Tyro
- Walkertown
- Wallburg
- Walnut Cove
- Welcome
- Westfield
- Winston-Salem
- Yadkin College
- Yadkinville
Neighborhoods in Kernersville, NC
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Kernersville, NC is seeing rapid growth and Kernersville, NC's' housing market remains optimal with an average home price that is -10% below the 2024 national average. Kernersville, NC is part of Forsyth 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 Forsyth is 0.95% which is below the national average, which is 0.99%.
Median Home Price in Kernersville, NC
Median Rent in Kernersville, NC
Top 4 Reasons to Live in Kernersville, N.C.
Vibrant historic downtown! Centrally located, the historic 19th century Harmon House is a popular venue for meetings, dinners and weddings. If you are in the mood to commune with nature, visit the Paul J. Ciener Botanical Gardens with 15 gardens spread over 2 acres. For something completely different, visit Korner's Folly, dubbed the most unusual house in the world. The massive and quirky Victorian home was built at the end of the 19th century. It has 22 luxuriously furnished rooms on seven different levels. For outdoor enthusiasts, there is the Mountain Bike Park. Music lovers will enjoy the Bucked Up Music Park, a venue for local and national acts.
Main Street shopping and eating! Stroll down Main Street and shop the interesting mix of boutiques, antique shops and restaurants. Delicious sweets can be found at Cake & All Things Yummy or just hang out at Mickey's Cafe. If you're in the mood for some Mexican food, check out Don Juan's Mexican Restaurant on Century Boulevard.
Diverse mix of affordable housing! Choose from the recently renovated Historic Downtown houses in Kernersville or drive out into former farmland to shop the wide variety of three and four-bedroom homes in newer developments. You can choose between conventional purchase options and rental homes. With a median listing price of $179,000, Kernersville offers affordable housing close to Main Street shopping in Kernersville, where you can stop at anywhere from Farmer's Hardware to Doss's Old Fashion Ice Cream.
Affordable rentals! With an average price for a three or four-bedroom house of around $1,000 and a wide variety of offerings, Kernersville is a great place to shop for a rental property. Choose from more affordable older properties in the Sunset Drive area or go upmarket in the newer Harmon Court development. Many sellers are willing to discuss rent to own options as well.