Kinston, NC Rent To Own Homes

Rent-to-Own Homes in Kinston, NC: What You Need to Know

Located in the heart of North Carolina, Kinston is a small city about 26 miles southwest of Greenville, with a long history that travels the timeline of our nation’s development. This diverse city is home to nearly 21,000, many of whom have roots that go back generations. Newer residents are those who selected the city for their adopted hometown based on her charm, affordability, and historic qualities.

Job Opportunities in Kinston

A mix of both white-collar and blue-collar opportunities, Kinston is home to a small number of privately held corporations that have fueled the modest job growth that has been documented over the past few years. Many small businesses can be found throughout the city, giving it a more ‘hometown’ feel rather than that of a city. Among the industries that are also well seeded in the city are agriculture and manufacturing – both large and small entities.

Kinston Real Estate: The Housing Market

For those looking for a small city with truly affordable prices, Kinston may be the perfect choice with a median home price of $97,347. Properties are typically well below the national average, though the area has seen modest, yet steady increases over the past three years. 

With significant swaths of the community (57%) renting their residences, investors can look to Kinston as a steady source of rental income. Rental prices have seen low increases of just under 1%. However, the consistent income should be a strong enticement for those buying as an investment. 

The majority of the homes in Kinston were built in the mid-1900s, old, historic homes from the mid-1800s to early 1900s are also readily found, several of which are listed on the National Register.

The Local Population

With a highly diverse population of just under 21,000, Kinston is known for affordability, older, historic homes, and easy commuting to and from work for its residents. The people here are a mix of young and old alike, with a median age of 44 years old. The residents are known for their friendliness, making the city quite attractive to potential buyers and renters alike. While the median income is lower than the national average at $28, 808, the low cost of housing and other essential life expenses results in a good quality of life for those living here.

Kinston’s Climate 

Summers in Kinston are hot and muggy, and winters are cold but short. Spring and fall tend to be quite temperate, making them the most desirable times of year to visit. The area notably does not get too cold or too hot, making it even more pleasant. Kinston, like the surrounding North Carolina areas, is partly cloudy and wet throughout the year. 

The Local Sports Scene 

While the Kinston residents are, of course, fans of North Carolina’s professional sports teams (Carolina Panthers (NFL), Carolina Hurricanes (NHL), and the Carolina Hornets (NBA)), the city might be proudest of its local efforts that surround basketball. 

ESPN called the city America’s Basketball Heaven. More NBA players come from Kinston and its local high school than any other location in the U.S. The dedication to the sport is evident in the number of local leagues and other opportunities to play offered to the community’s youth, that has resulted in one NBA player for every 53 players to play for the area’s high school team.