Rent to own Homes in Highland Park, TX
Highland Park, TX is a great place for affordable rent-to-own homes! With a median household income of over $218,611 and a median rent of $2,328, the Highland Park, TX 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 Highland Park, TX. 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 Highland Park, TX Property Resources
Rent to own Homes in Cities Near Highland Park, TX
- Addison
- Arlington
- Balch Springs
- Bedford
- Carrollton
- Cedar Hill
- Cockrell Hill
- Colleyville
- Coppell
- Corinth
- Dallas
- Dalworthington Gardens
- DeSoto
- Duncanville
- Farmers Branch
- Ferris
- Forney
- Frisco
- Garland
- Glenn Heights
- Grand Prairie
- Hackberry
- Hebron
- Highland Park
- Hurst
- Hutchins
- Irving
- Lakewood Village
- Lancaster
- Lewisville
- Little Elm
- Lucas
- Mesquite
- Midlothian
- Murphy
- Oak Leaf
- Oak Point
- Ovilla
- Pecan Hill
- Red Oak
- Richardson
- Rockwall
- Rowlett
- Sachse
- Seagoville
- Seis Lagos
- Sunnyvale
- University Park
- Waxahachie
- Wylie
Neighborhoods in Highland Park, TX
No neighborhoods foundPopular Zip Codes in Highland Park, TX
75205 rent to own homesBuying a Home in Highland Park, TX
Highland Park, TX is seeing rapid growth and Highland Park, TX's' housing market remains not optimal with an average home price that is 567% above the 2024 national average. Highland Park, TX is part of Dallas 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 Dallas is 2.18% which is above the national average, which is 0.99%.