Rent to Own Homes in Benton
Benton, an early bauxite-mining city, was named after Thomas Hart Benton, a U.S. Senator from Missouri. The city remained an aluminum mining town throughout World... Read More
Benton, an early bauxite-mining city, was named after Thomas Hart Benton, a U.S. Senator from Missouri. The city remained an aluminum mining town throughout World War II and beyond. Long a small town in Arkansas, the city has grown rapidly in recent years from its historic beginnings; its population has nearly doubled since 1980.The below results are primarily rent to own homes in Saline County, AR:
Benton, an early bauxite-mining city, was named after Thomas Hart Benton, a U.S. Senator from Missouri. The city remained an aluminum mining town throughout World... Read More
Benton, an early bauxite-mining city, was named after Thomas Hart Benton, a U.S. Senator from Missouri. The city remained an aluminum mining town throughout World War II and beyond. Long a small town in Arkansas, the city has grown rapidly in recent years from its historic beginnings; its population has nearly doubled since 1980.The below results are primarily rent to own homes in Saline County, AR:
The city has a convenient location on Interstate 30, halfway between Hot Springs and Little Rock. Its historic town square continues to be a meeting point with surrounding shopping and dining and hosts community festivals and events. The town square is home to a bauxite building hosting the Gann Museum of Saline County as well as the historically listed Royal Theatre.
Benton today hosts a range of parks and outdoor recreational options and is home to several lakes, including Sunset Lake and Lake Norrell. The city parks include trails, fishing opportunities, playgrounds and athletic fields for pick-up games or organized competitions.
Buying a Home in Benton?
Benton real estate offers a wide variety of options suitable to different family sizes and budgets. The median value of a home in Benton is $124,800, and the median price of homes currently listed in the city is $158,900. Older and smaller homes are available for $100,000 or less, while there are new construction homes in recently developed subdivisions where prices can exceed $300,000. Home values in the city have been on a stable upward trend since 2008 and are expected to continue to rise in the coming period.
Popular Neighborhoods in Benton
Benton is home to a range of neighborhood options suitable for families, couples and individuals. There are classic homes near Benton's old-style town square, which offer walkable access to the city's historic buildings, shopping and dining. There are a number of subdivisions and developments in Benton, including Hurricane Lake Estates, a popular subdivision built around the city's Hurricane Lake.
Buying vs. Rent to Own Homes?
When you are ready to buy your home, you know that it's important to have a substantial down payment and great credit for the most favorable mortgage rates. When you're ready to make a permanent home in Benton but need some more time to shape up your financial situation, a rent to own home can be a good option for you to consider. You'll select your home, agree on a price and move in today, but you'll continue to rent as you prepare your finances for your home purchase. Once the rental period is over, you'll buy your home. With a rent to own home, you can settle in your community and get a head start on homeownership.
Summary With a long history and a thriving community that continues to grow today, Benton is home to many family-friendly neighborhoods with great connections and strong local schools. With close proximity to Little Rock and Hot Springs, Benton provides easy access to major Arkansas cities as well as a growing local economy.
Rent to Own Realtors
Working with a realtor doesn’t guarantee that you will successfully complete a rent to own deal, but their knowledge and expertise can make a big difference in your success rate.
Unfortunately, not many realtors will want to work with you on a rent to own deal. There isn’t a lot of profit for a realtor in rent to own deals.
So, you’ll need to find others with the knowledge and expertise you are looking for to ensure a successful lease-option experience. Consider consulting with a realtor, a title company and a mortgage officer instead. These professionals are better than a realtor because they are experts in their respective fields, as opposed to realtors who know a good deal about each of those rent to own factors.
About Our Listings
When you rent to buy a condo or a townhouse, you’re taking the first step toward becoming a homeowner. You can take advantage of many rent to own by owner programs with no credit check. Having bad credit shouldn’t stop you from owning one of your favorite apartments or houses.
While you lease-option or lease-purchase, you’ll work on improving your credit score and saving up a down payment so that you can qualify with the bank for the house you’re interested in. The bank is frugal with mortgage approvals because they often end up selling foreclosed homes for cheap prices because people cannot afford their mortgage payments.
When you lease to purchase, you’re making yourself into a better candidate for purchasing properties. Check out Rent to Own Lab’s free listings to find properties near me that meet your family’s needs.
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Reported Annual Crime In Benton
Statistic | Benton | Arkansas | National |
---|---|---|---|
Violent crime | 182 | 8,783 | 370,388 |
Murder | 1 | 212 | 19,131 |
Rape | 17 | 1,584 | 86,726 |
Robbery | 22 | 1,384 | 152,431 |
Assault | 142 | 6,979 | 277,038 |
Property crime | 1 | 20,988 | 1,216,038 |
Burglary | 105 | 9,530 | 468,957 |
Theft | 5 | 16,577 | 1,063,593 |
Motor vehicle | 0 | 4,686 | 301,970 |
Arson | 0 | 399 | 32,898 |