Rent to own Homes in Laplace, LA
Nestled along the eastern banks of New Orleans in Louisiana, Laplace, made up of 22.7 square miles, is a busy seaport town that serves as the headquarters of the Port of South Louisiana, one of the largest and most important bulk cargo ports in the world. Its location at the center of the Mississippi River dockyards gives LaPlace some of the most dramatic harbor views in the United States, making the town an ideal location for major Hollywood films like "Monster's Ball" and "Glory Road."
Laplace, LA is a great place for affordable rent-to-own homes! With a median household income of over $62,383 and a median rent of $962, the Laplace, 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 Laplace, 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 Laplace, LA Property Resources
Rent to own Homes in Cities Near Laplace, LA
- Bayou Blue
- Bayou Cane
- Bayou Country Club
- Bayou Gauche
- Belle Rose
- Boutte
- Chackbay
- Choctaw
- Convent
- Darrow
- Des Allemands
- Destrehan
- Donaldsonville
- Donner
- Edgard
- Garyville
- Geismar
- Gibson
- Gramercy
- Grand Point
- Gray
- Hahnville
- Hester
- Killona
- Kraemer
- Labadieville
- Lafourche Crossing
- Laplace
- Lemannville
- Lockport Heights
- Lutcher
- Maurepas
- Montz
- Mount Airy
- Napoleonville
- New Sarpy
- Norco
- North Vacherie
- Paincourtville
- Paulina
- Reserve
- Romeville
- Sorrento
- St. James
- Supreme
- Taft
- Union
- Vacherie
- Wallace
- Welcome
Neighborhoods in Laplace, LA
No neighborhoods foundPopular Zip Codes in Laplace, LA
70069 rent to own homesMedian Home Price in Laplace, LA
Median Rent in Laplace, LA
Top 3 Reasons to Live in LaPlace, LA
Enjoy the lower cost of rental homes. The average cost of rent in LaPlace has plunged from upwards of $1,000 in 2009 to only $800 in 2012 (this was after Hurricane Isaac hit the town in 2012). Thankfully, even with new building activities back on track, rental rates remain on an affordable level compared to the state average of $1,062. Numerous development projects address the growing rental demand from new business owners and residents working around the town center. Best places to start searching for houses for rent include neighborhoods around the West Airline Highway near the Riverlands Shopping Center and Walmart, and the areas along the Belle Terre Boulevard near the First American Bank and Trust Company.
Cajun Sausages! LaPlace is dubbed the Andouille capital of the world, referring to Cajun-style sausages brought to town by the Acadians during the French colonial period. Thousands of visitors flock to LaPlace for the Andouille Festival every October. For those who cannot wait for this event, just drop by Jacob's World Famous Andouille on West Airline Highway or at Wayne Jacob's Smokehouse on West 5th Street, two popular diners serving strings of these savory sausages.
Increasing value of homes. Home value in LaPlace is growing steadily, from $87,000 in 2000 to $162,000 in 2012 or double the value over a 12-year period. This means that buying a home in LaPlace is a good investment. While home value is increasing, the average price of $138,000 for detached houses is still significantly lower than the state average of $177,000. This affordability is one of the reasons why majority of the houses are owner-occupied, and only 19% of the housing profile is made up of renters. Clearly, for increasing home value and low ownership cost, you're in for the win in LaPlace. Available homes for sale including rent to own houses can be found in the neighborhoods between Captain Bourgeois Street and the Mississippi River Trail, places which are accessible to the Louisiana Port.
