Rent to Own Homes in Alexandria
The below results are primarily rent to own homes in Alexandria city, VA:
Atlantic , VA 22306
Alexandria , VA 22310
3 Bedrooms, 1.5 Baths
Alexandria , VA 22301
Arlington , VA 22202
6 Bedrooms, 6.5 Baths
Alexandria , VA 22302
Alexandria , VA 22310
Alexandria , VA 22314
Alexandria , VA 22310
Alexandria , VA 22310
Alexandria , VA 22304
1 Bedrooms, 1 Baths
Alexandria , VA 22303
3 Bedrooms, 1 Baths
Alexandria, Virginia is located six miles away from Washington D.C. and is called home by many employees of the federal government. The Ronald Reagan Washington National Airport is just north of the city, and the Potomac River flows along the eastern edge with Daingerfield Island offering riverside entertainment. This island is on the northeastern edge of Alexandria City and offers a snack bar with comfortable seating and views of planes traveling to and from the airport. Landmark Mall is near the western edge of the city and offers shopping opportunities as well as a food court and playground.
Old Town Alexandria is one of the most popular neighborhoods for visitors. A trolley runs the streets for transportation and amusement, and tours of the area are conducted throughout the year. The neighborhood is next to the river and features Colonial buildings and cobblestone streets, so it feels like you’re traveling back in time when you arrive.
When they aren’t working or attending Alexandria City Public Schools, most residents spend time cruising the river by boat, completing the city’s scavenger hunt for kids, picking up fresh produce at the farmer’s market or catching a show at MetroStage. Visits to the Alexandria City Hall and Alexandria Library are regular occurrences, but many residents also spend time in museums like the National Inventors Hall of Fame and Museum. The city is home to many art galleries and historical sites, so there’s no shortage of outdoor explorations to enjoy throughout the city.
Buying a Home in Alexandria
Many residents in Alexandria are commuters traveling to Washington D.C. daily or military families permanently stationed in the area. Searching for a home that is convenient to your commute while still fitting your lifestyle and personality is often difficult, so it’s important to tell a realtor what you need before you start looking at homes. Top realtors in the area are familiar with the military and commuting lifestyles, so they can help you find a home that fits your military budget or a neighborhood that keeps your commute time to a minimum. If you will work in Alexandria and aren’t connected to the military, you will have more freedom to choose a neighborhood that fits your personality and lifestyle.
Popular Neighborhoods in Alexandria
North Ridge-Rosemont is one of the most popular neighborhoods for families with children. The median home value is over $600,000, and the graduation rate of residents is over 95 percent. Residents earn a median of $156,000 per year, and the neighborhood has a low crime rate. You’ll find children playing in the streets with spacious homes and well-maintained lawns in the background. Eisenhower East is another family-friendly neighborhood, but the homes are slightly more affordable. It’s close to Old Town Alexandria, and many D.C. commuters live in the area.
If you prefer a more urban living environment or aren’t concerned with living in a neighborhood designed for families, consider the Del Ray area. The neighborhood features a farmer’s market, Birchmere Music Hall and many small shops and restaurants. This is an easy community to walk, and you’ll have fast access to Art on the Avenue and other events held in this area each year.
Buying vs. Rent to Own Homes
You’re eager to purchase a home that you can call your own, but you’re not sure that now is the time to take action. You can turn your uncertainty into excitement by considering a home with a rent-to-own option. This allows you to move into your new home now, but you start out as a renter. Since you have the option to purchase the home before the end of your lease, it’s different from renting an apartment or home which you will never have a chance to own.
There are varying terms that may come with this type of agreement, but you can rent your way to home ownership if you use the rental period wisely. Not all homes will offer this option, but you never know if the home of your dreams is a rent-to-own candidate.
Cost of Living in Alexandria
The overall cost of living in Alexandria is approximately 45 percent higher than the national average and approximately 30 percent higher than the Virginia average. While you can find affordable food, goods and services in most areas of the city, the cost of living is reflective of the high cost of housing. Housing expenses are about 250 percent higher than the national average and 100 percent higher than the Virginia average. The cost of utilities is similar to that national average, but that doesn’t help offset the price you can expect to pay when you purchase a home in this city.
The cost of housing in Alexandria is much higher than the national average, but the city is valued by Washington D.C. commuters uninterested in living where they work. The population also includes many military families and residents with a strong interest in politics. The Potomac River flows along the eastern edge of the city, and a large park on the northern edge offers a fun place for outdoor recreation. The city offers residents an active lifestyle with a vibrant arts community, a variety of museums and fun water activities.
Rent to Own Realtors
You can plan a party without an event planner, you can go swimming without a lifeguard, and you can rent to own without a realtor.
That’s important because there isn’t as much money for realtors in rent to own deals as in traditional sales. Therefore, finding a realtor to help you is rare.
While the listed activities might be easier with a professional, they’re all possible without one. To successfully rent to own without a realtor learn all you can about it.
About Our Listings
It’s in the bank’s best interest to avoid foreclosed homes because they end up having to sell them cheap to recoup lost money. So, they try to play it safe with mortgage approvals by steering clear of people with bad credit.
That doesn’t help someone who’s working on getting their credit together to buy a condo or a townhouse. Nonetheless, rent to buy programs can help people work toward purchasing houses and apartments with no credit check.
The free listings on our site are usually rent to own by owner, so deals are more reasonable and trustworthy than big company lease to purchase properties are. Whenever you’re ready just look for lease-option or lease-purchase homes near me on the Rent to Own Labs website.
Reported Annual Crime In Alexandria