Charlotte, NC Rent To Own Homes

Rent-to-Own Homes in Charlotte, NC: Everything You Need to Know

The Queen's City of Charlotte, North Carolina, has been increasing its commercial and population growth at a positive pace in comparison to numerous cities across the United States for the last several years.

A Wealth of Job Opportunities

Charlotte's progress to infuse stability and further its economic success are sending the city's job opportunities in an upward mobile track. With a younger generation establishing more purchasing power in the existing prosperity, Charlotte is redefining itself in creating more diverse and inclusive opportunities. During this time of COVID-19, although people have lost their jobs, large organizations such as Metrolina Greenhouses and Lowes are creating hundreds of seasonal, and possibly long-term positions.

Charlotte's Weather and Climate

Known as the South's Startup Capital, many people have chosen to live in this temperate climate and start their business where they want to enjoy a work-life balance. Situated east of the Catawba River, Charlotte is located in the regional Piedmont area of the Atlantic coastal plain. Although there are occasional sweltering to freezing days, Charlotte attracts outdoor aficionados and retirees alike because of its overall mild seasons. The warm weather also allows people to use public transportation or ride bicycles, throughout the year, without worry about waiting, walking, or moving in extreme weather.

The Cost of Living in Charlotte

Although nearby Raleigh-Durham boasts of lower housing prices, many residents of the Queen's City are establishing a cosmopolitan culture, while holding on to traditional, southern values. With a population just short of a million residents, Charlotte's median income of $61,000 surpasses that of much larger, southern towns. Expect the average two-bedroom apartment to cost just under $1,200 a month, which is approximately $200 less than the median cost of a mortgage. The benefit of owning in Charlotte is in its cumulative appreciation rate for the last two decades. About 67% of homes have increased in value since 2000.

Know Your Neighborhoods

Knowing which area of town you want to live depends on your desire for proximity to places of worship, public transportation, shopping centers, nightlife, sporting stadiums, open parks, waterfront, and many other options that Charlotte presents. Ballantyne West appeals to many young people and families for its suburban feeling of security. Then, there are more urban neighborhoods such as South End and Chantilly that offer a more lively community infused with entertainment, art, food, fitness, and trolley experiences. One of the more established, though progressive, areas of town is Barclay Downs. Other than the usual appeal of positive business growth, the schools in Barclay Downs are known to be better than average.

The Local Sports Scene

The Queen's City is known for NASCAR racing. The NASCAR Hall of Fame is in downtown Charlotte, with the NASCAR Motor Speedway northeast of town. Along with national athletics teams such as the Hornets (basketball), Panthers (American Football), and 49ers (women's basketball), the city has various other sports such as equestrian races (the Queen's Cup), rugby and roller derby.