Rent to Own Homes in Chesapeake
Chesapeake is located near the eastern edge of Virginia and is approximately a 30-minute drive from Virginia Beach. Starting just south of Norfolk and ending at the North Carolina state line, the city is part of the Hampton Roads area which extends from Newport News to North Carolina. Hampton Roads is also the name of a small body of water located off the southern coast of Hampton between Chesapeake Bay and the James River. The below results are primarily rent to own homes in Chesapeake city, VA:
Chesapeake, VA 23324
3 Bedrooms, 1 Baths
Portsmouth, VA 23704
2 Bedrooms, 1 Baths
Norfolk, VA 23523
3 Bedrooms, 1.5 Baths
Chesapeake, VA 23320
2 Bedrooms, 3 Baths
Norfolk, VA 23509
1 Bedrooms, 2 Baths
Norfolk, VA 23509
4 Bedrooms, 2.5 Baths
Newport News, VA 23607
2 Bedrooms, 2 Baths
Hampton, VA 23669
3 Bedrooms, 2.5 Baths
Hampton, VA 23666
3 Bedrooms, 1 Baths
Portsmouth, VA 23704
8 Bedrooms, 8 Baths
Virginia Beach, VA 23455
5 Bedrooms, 5 Baths
Norfolk, VA 23503
5 Bedrooms, 4 Baths
Chesapeake is located near the eastern edge of Virginia and is approximately a 30-minute drive from Virginia Beach. Starting just south of Norfolk and ending at the North Carolina state line, the city is part of the Hampton Roads area which extends from Newport News to North Carolina. Hampton Roads is also the name of a small body of water located off the southern coast of Hampton between Chesapeake Bay and the James River.
One highlight of the South Hampton Roads area is South Norfolk. Once an independent city, the area is now considered a borough of Chesapeake. It is a main source of outdoor recreation and relaxation for residents and visitors throughout the area. Elizabeth River Park is the newest addition to the borough and offers picnic areas, nature trails, a waterfront stage with gazebo, and a dog park.
The Great Dismal Swamp National Wildlife Refuge fills the southwestern corner of the city, and that is the location of Dismal Swamp Canal. This is a major attraction as it’s an excellent place for birdwatching, hiking and hunting. Lake Drummond is contained within the park and is another destination for hunting, fishing, boating or simply watching animals in a protected environment.
Buying a Home in Chesapeake
Chesapeake is often separated into six large boroughs, and each one has their unique character and special amenities. Since the city is home to a variety of wetlands, forests and nearby bodies of water, you can expect most neighborhoods to offer some type of outdoor recreation. While some cities are thought of in terms of a downtown area and outlying neighborhoods with less excitement, there’s something exciting happening in every neighborhood of this city. If you’re shopping on a tight budget, make sure to work closely with a realtor because home prices can get high in many neighborhoods.
Popular Neighborhoods in Chesapeake
Two of the most popular neighborhoods for families with children are Centerville Farms and Wynngate Place. Both feature single-family homes within the $300,000 range and are known as comfortable neighborhoods where children play safely outdoors. They’re also convenient to shopping centers, parks and family-friendly entertainment venues.
Great Bridge is another safe neighborhood for families, but it’s also popular with commuting professionals. This is a large area often broken into smaller neighborhoods, South and North Great Bridge. Home prices range from $100,000 to $400,000 or more, so most buyers can find their place within the community.
Buying vs. Rent to Own Homes
Buying a new home requires you to go through extreme anxiety and aggravation in order to enjoy the sweet rewards of relaxing in a house that is all yours. If you want to take some of the stress out of the process, you can consider a rent-to-own property. This is a real estate agreement that allows you to rent a home with the intention of purchasing the property at the end of your contract.
The rental period can last for one year or many years, and you can often work out an agreement where part of your monthly payment is set aside to go towards your down payment when you buy the home. You get to move into your home right now while enjoying some flexibility when it comes to buying the property.
Cost of Living in Chesapeake
The cost of housing in Chesapeake is approximately 35 percent greater than the national average and 30 percent greater than the state average. While you may pay more for your home than you would in other neighborhoods across the United States, keep in mind that you also get to enjoy the outdoor beauties of the surrounding area. There are some lower-priced homes in many neighborhoods, and the costs of groceries and transportation are typically a bit lower than national averages.
While the cost of housing in Chesapeake is a bit higher than national and state averages, residents are immersed in nature from every direction. There are many family-friendly neighborhoods in the city that are known for the sound of children playing safely in the streets, and Virginia Beach is about a half hour away when it's time to relax on the water. The city is also home to Elizabeth River Park in the South Norfolk borough and Dismal Swamp Canal in the southwestern corner. If a healthy, active lifestyle is on your bucket list, you can't go wrong with Chesapeake.
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: