Rent to Own Homes in St. Petersburg
With Tampa Bay on its east and the Gulf of Mexico to its west, Saint Petersburg is the ultimate coastal town. Often considered the more laid-back, casual cousin to nearby Tampa, St. Petersburg is often noted for its dynamic arts community, thriving tourism industry and exciting recreation. It also achieved Guinness World Record status with 768 consecutive days of sunshine, supporting its nickname as The Sunshine City. The below results are primarily rent to own homes in Pinellas County, FL:
Pinellas Park , FL 33781
5 Bedrooms, 2 Baths
Tampa , FL 33616
3 Bedrooms, 2 Baths
Apollo Beach , FL 33572
4 Bedrooms, 4 Baths
Clearwater , FL 33760
3 Bedrooms, 2 Baths
Ruskin , FL 33570
2 Bedrooms, 2 Baths
Bradenton , FL 34208
3 Bedrooms, 3 Baths
Tampa , FL 33610
3 Bedrooms, 1 Baths
Tampa , FL 33624
4 Bedrooms, 3 Baths
Safety Harbor , FL 34695
8 Bedrooms, 9 Baths
Largo , FL 33770
1 Bedrooms, 1 Baths
Tampa , FL 33605
2 Bedrooms, 1 Baths
Tampa , FL 33617
2 Bedrooms, 1 Baths
With Tampa Bay on its east and the Gulf of Mexico to its west, Saint Petersburg is the ultimate coastal town. Often considered the more laid-back, casual cousin to nearby Tampa, St. Petersburg is often noted for its dynamic arts community, thriving tourism industry and exciting recreation. It also achieved Guinness World Record status with 768 consecutive days of sunshine, supporting its nickname as The Sunshine City.
Locals have plenty of other achievements and attractions to be proud of in St. Petersburg. Its Tampa Bay Times, once named St. Petersburg Times, holds 10 Pulitzer Prizes. Downtown St. Petersburg is also home to countless attractions. Residents can take in a professional Tampa Bay Rays baseball game at Tropicana Field, explore the St. Petersburg Museum of History, admire the colorful Chihuly Collection at the Morean Arts Center and enjoy the Tampa Bay beaches near the St. Petersburg Pier.
Buying a Home in St. Petersburg
The St. Petersburg area housing market is thriving, but buying a home here remains very affordable. The number of single family homes sold here increased more than 11 percent over the past year to its current monthly sales rate of 4,087. Likewise, the number of condos sold in the area escalated 15.7 percent to 1,453. Prices have also increased in the St. Petersburg-Tampa area. The median price for a single family home climbed 12 percent to $175,500, and the median price of a condo rose 10.9 percent to $122,000.
Popular Neighborhoods in St. Petersburg
Historic Kenwood is known for its large collection of 1920s bungalows, rousing Bungalow Fest and new Artist Enclave. Old Northeast is a little fancier historic neighborhood, appealing to older families and more established professionals with its proximity to North Shore Park waterfront, friendly neighbors and plentiful front porches. Greater Pinellas Point’s bay-front location, diverse mix of nice ranch homes, elegant waterfront estates and comfortable condos attracts a variety of income levels with a median age of 42. Downtown is the urban option, offering scenic waterfront parks, luxury high-rise condos and more modest single family homes amid a lively cultural, art and culinary scene.
Buying vs. Rent to Own Homes
While buying a home outright can be very rewarding, rent to own homes offer excellent alternatives for those who need a little time to better arrange their finances. At the same time, renting to own allows buyers to buy at today’s rates, which can save them a bundle if home prices increase. Rent-to-own arrangements are often less strict on financial requirements than traditional home-buying agreements, and they give rent-to-owners time to build up a down payment and eliminate consumer debt. They’re also beneficial for sellers who are anxious to sell their homes in an uncertain market.
Cost of Living in St. Petersburg
Living in St. Petersburg is even more attractive when its extremely low cost of living is considered. Locals pay about 11 percent less on life’s essentials than the rest of the nation overall, and enjoy housing costs that are 29 percent lower. Groceries, healthcare and utilities are all below the national average as well. The only living expense that is higher than the average is transportation which costs about 6 percent more.
Enjoying Gulf of Mexico sunshine and a diverse population, St. Petersburg is historic, artistic and scenic. Its homes are extremely affordable, well below the average sales price of both Florida and the greater United States. Several neighborhoods are also exciting, ranging from historic communities to trendy urban regions. Even with all of its fine attributes and inviting location, St. Petersburg is an inexpensive place to live. Residents here can expect to pay just 89 cents on living expenses for every dollar the average American will spend, making it the perfect locale for young families, retirees and those who want the coastal lifestyle without the expense.
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: