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Rent to Own Homes in Gainesville
Gainesville, Georgia is a small city of 34,000 inhabitants that sits against the backdrop of the Blue Ridge Mountains. The Gainesville area is often referred to as the “Poultry Capital of the World” due to the presence of many poultry processing plants, and this industry along with the Northeast Georgia Medical Center contributes heavily to a prosperous local economy. A Gainesville feed salesman named Jesse Jewell began the farming industry in the city after World War II and farming still provides many of the jobs in the city today.
Located in the northern portion of Georgia, the city is home to the University of North Georgia which was formerly known as Gainesville State College. The Gainesville High School is known for its successful baseball program from which several student athletes have emerged as prospects for major league baseball franchises. There are numerous historic attractions in the city which include the US Gainesville Post Office that was first established in 1910. The Gainesville City Center hosts many annual events and the city was the location of multiple events during the 1996 Atlanta Olympics. The below results are primarily rent to own homes in Hall County, GA:
Gainesville, Georgia is a small city of 34,000 inhabitants that sits against the backdrop of the Blue Ridge Mountains. The Gainesville area is often referred to as the “Poultry Capital of the World” due to the presence of many poultry processing plants, and this industry along with the Northeast Georgia Medical Center contributes heavily to a prosperous local economy. A Gainesville feed salesman named Jesse Jewell began the farming industry in the city after World War II and farming still provides many of the jobs in the city today.
Located in the northern portion of Georgia, the city is home to the University of North Georgia which was formerly known as Gainesville State College. The Gainesville High School is known for its successful baseball program from which several student athletes have emerged as prospects for major league baseball franchises. There are numerous historic attractions in the city which include the US Gainesville Post Office that was first established in 1910. The Gainesville City Center hosts many annual events and the city was the location of multiple events during the 1996 Atlanta Olympics.
Extreme Gainesville weather conditions can occur during the spring and summer due to the city's geographical positioning. Supercell thunderstorms are common between March and November but are most prominent in the spring. The city has established an effective early warning system that keeps residents informed on the possibility of severe weather.
Buying a Home in Gainesville
The median home price in Gainesville is $150,700, slightly higher than the overall average of the state. This can be attributed to the presence of many modern homes and the city's vibrant economy. Still, there are many opportunities for home ownership. Only 36% of the housing units in the city are owned by their occupants. The average mortgage payment of homeowners in the city is $1,331.
Almost 95% of homes in the Gainesville area are less than 25 years old, making the market attractive to younger married couples with children who are looking to establish a permanent residency. Housing units are equally divided among larger units with three or more bedrooms and smaller dwellings with two bedrooms or less.
Popular Neighborhoods in Gainesville
Located on the southern edge of Gainesville, the Chicopee/Blackshear Place neighborhood is one of the best in the city for married couples with children. The neighborhood borders the Interactive Neighborhood for Kids, a community venue with many activities and events. It is a quiet area with 26% of residents being between the age of 30 and 44. Spring View Acres in the city center is another quiet area that is more than 50% occupied by married couples both young and old. Both of these neighborhoods have homes which are priced just above the area median and offer the lowest crime rates in the city.
Buying vs. Rent to Own Homes
With such a small number of homes in Gainesville being occupied by owners, prospective buyers can discover many appealing opportunities for home ownership. For those who might be apprehensive about the loan qualifying process, a rent to own home can be a prudent alternative. A rent to own home allows the renter to apply a portion or all of their monthly rent toward eventual ownership while giving them the time and freedom to determine if the home will meet their needs for the long term.
Cost of Living in Gainesville
While there are some areas in which the cost of living in Gainesville exceeds national averages, the housing market continues to provide substantial value. Housing in Gainesville is 13% more affordable than it is nationwide. Utilities also cost less than they do in other areas of Georgia and across the United States. Groceries, transportation, and healthcare costs are significantly higher than their national indexes.
Summary
Scenic surroundings with mountain views, a healthy job market, and many affordable housing opportunities make Gainesville, Georgia a popular place to live. The rich history of the area combined with numerous local attractions and area lakes provides plenty of opportunities for exploration and leisure. Despite the frequency of thunderstorms in the spring and summer, the overall climate of the city is mild and pleasant.
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:
- 30503
- 30504
- 30501
- 30507
- 30506