Rent to own Homes in Baker, LA
Serving as the home of the 926th Mobile Augmentation Company of the National Guard, Baker is a secure and desirable place to live. That's a surprising benefit of living in a city which actually took nearly 75 years to evolve from being known as a village to getting defined as a city. It just goes to show that when this city finally did come on the scene, it hit the ground running.
Baker, LA is a great place for affordable rent-to-own homes! With a median household income of over $64,455 and a median rent of $912, the Baker, LA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Baker, LA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Baker, LA Property Resources
Rent to own Homes in Cities Near Baker, LA
- Addis
- Baker
- Baton Rouge
- Brownfields
- Brusly
- Central
- Clinton
- Denham Springs
- Erwinville
- Ethel
- Gardere
- Geismar
- Glynn
- Greenwell Springs
- Grosse Tete
- Inniswold
- Jackson
- Jarreau
- Lakeland
- Merrydale
- Monticello
- New Roads
- Norwood
- Oak Hills Place
- Old Jefferson
- Oscar
- Pine Grove
- Plaquemine
- Port Allen
- Prairieville
- Pride
- Rosedale
- Rougon
- Shenandoah
- Slaughter
- St. Francisville
- St. Gabriel
- Sunshine
- Ventress
- Village St. George
- Walker
- Watson
- Westminster
- Wilson
- Zachary
Neighborhoods in Baker, LA
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Median Rent in Baker, LA
Top 3 Reasons to Live in Baker, LA
Amazing rises in property value! In Baker, property values increased nearly 33 percent in the last decade. Whether this is because the lowest gas prices in East Baton Rouge Parish's northern portion can typically be found at Walmart's Murphy Oil station or because the city is so pleasant that over 60 percent of homes in the area are occupied by owners rather than renters, the housing values are going up. Since these houses still cost 26 percent less than the national average and have rising values, it's an amazing investment opportunity for those looking for a mortgage or rent to own houses. You'll likely have enough money left over to visit the Baton Rouge Zoo on your first day, or stay in town to enjoy one of the numerous parks, such as Jefferson, Baker or Harding Parks.
Immerse yourself in history! There are all types of historical sites to enjoy in Baker. The Chamber of Commerce Building, in fact, was once a one-room schoolhouse before being converted. Additionally, the Baker Heritage Museum is available for those who want all of their historical curiosities satiated in one fell swoop. If history isn't really your thing, though, you could always get in some shopping at the Baker Regional Shopping Center.
Insanely low property tax rates! Baker is one of the few places where home values have consistently risen over the past decade, so one may be inclined to believe that property taxes would be a little high. However, these rates are nearly 60 percent lower than the national average. Add that to the fact that the city's cost of living index is a full 10 points lower than the American average, and you've got a great place to live without having to break the bank. Whether you want to use these savings to eat at Perk's Soul Food every day or to head down Highway 19 for a weekly trip to Baton Rouge, you've earned it!
