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Rent to Own Homes in Bartlett
Back in the days when the western United States was mostly unexplored frontier, Bartlett – then known as Union Depot and then Green Button – was the last major way station on the stagecoach route from Nashville westward. Named for Gabriel M. Bartlett, a planter who lived on the stage route, the settlement appeared about 1830. When railroads took the place of stagecoaches, it continued as an important depot. The population was still under 100 people when, in 1866, the city was incorporated and renamed Bartlett.
Bartlett is a city of about 58,000 – making it the tenth largest city in Tennessee – and is located in the southwestern part of the state in Shelby County. It’s northwest of Memphis and part of the Memphis metropolitan area; from the Bartlett city limits to downtown Memphis is less than a 20-minute drive. This puts Bartlett just a stone’s throw from the mighty Mississippi River and in the tri-state region of Tennessee, Memphis, and Arkansas. The next closest major city is Nashville, about 200 miles away.
The below results are primarily rent to own homes in Shelby County, TN:
Back in the days when the western United States was mostly unexplored frontier, Bartlett – then known as Union Depot and then Green Button – was the last major way station on the stagecoach route from Nashville westward. Named for Gabriel M. Bartlett, a planter who lived on the stage route, the settlement appeared about 1830. When railroads took the place of stagecoaches, it continued as an important depot. The population was still under 100 people when, in 1866, the city was incorporated and renamed Bartlett.
Bartlett is a city of about 58,000 – making it the tenth largest city in Tennessee – and is located in the southwestern part of the state in Shelby County. It’s northwest of Memphis and part of the Memphis metropolitan area; from the Bartlett city limits to downtown Memphis is less than a 20-minute drive. This puts Bartlett just a stone’s throw from the mighty Mississippi River and in the tri-state region of Tennessee, Memphis, and Arkansas. The next closest major city is Nashville, about 200 miles away.
Bartlett was served by the Shelby County school system, but in 2013 the residents approved the formation of the Bartlett City School District. It went into operation in the fall of 2014 and includes 11 buildings – two high schools, three middle schools, and six elementary schools. Two private schools are also located within the city limits.
Buying a Home in Bartlett
Homes are affordable in Bartlett, as the median home price is about $165,000. Luxury homes are available as well; some recent sales have been in the $500,000 range. The average age of Bartlett’s residents is 40, and nearly 59% are married, making it a family-friendly town. Schools in Bartlett are rated anywhere from 4 to 9 (out of 10), although most are in the 8-9 range. So families with children should do some investigating when neighborhood shopping.
It’s worth mentioning that Bartlett is a safe place to live. With a rating (out of 100) of 19 for violent crime and 26 for property crime, it’s well below the national averages of 41.4 and 43.5 respectively.
Popular Neighborhoods in Bartlett
The Route 70/Brunswick Rd. area is an attractive neighborhood, with medium- large-sized homes, many of which were built after 1970. Most residences are owner occupied. The stately homes here tend to hold their value and even appreciate, and it’s a good place for the executive lifestyle. The median home cost is about $295,000.
On the north side of Bartlett is the Brunswick neighborhood. Many homes here were built after 2000, and the median price is about $225,000. A large number of 4- and 5-bedroom single-family homes make this an area worth considering.
Buying vs. Rent to Own Homes
Bartlett may already sound like a good place to live. But getting financing for a home can be difficult. If you’re not quite ready for that step, there is another option. Many are taking advantage of rent-to-own options. A portion of each month’s rent goes toward a down payment to eventually buy the house. This allows renters – who may not be in a position to buy a home outright – to eventually become proud homeowners.
Summary
Across the boards – housing, health care, utilities, groceries, etc. – Bartlett is below the national average in cost of living statistics. Overall, the cost of living is more than 10% lower than the national average. Good neighborhoods, low crime, a good school system, and proximity to the major metropolis of Memphis make Bartlett an attractive place to settle and put down roots.
Rent To Own Labs provides a diverse set of real estate listings, including rent to own (“lease to own” or “lease purchase”), owner financing, foreclosed, for sale by owner, and rental home opportunities. These listings are available to low-income residents and those with bad credit or no credit, and include both condos & houses. Rent to own homes near me include the list of zip codes we serve in this area:
- 38184
- 38133
- 38135
- 38134