Search all the latest Rent to Own Homes in Palmerton, PA. There are more than 14 rent to own homes currently on the market. Try out homes and neighborhoods without the buying commitment by choosing a rent to own property. It’s a simple process with the homeowner, you start out as a renter, and then purchase the property when you're financially ready to apply for a home loan with a local bank. The rent-to-own process allows new home buyers with poor credit scores, or who lacks the down-payment required by the bank, the opportunity to live in their home while working on improving their credit and saving funds.
Remember, not all sellers in Palmerton, PA will offer up their homes as a Rent To Own, but it's worth researching and locating those opportunities. We have listed 14 rent to own homes currently on the market, below.
Palmerton is a borough in Carbon County, Pennsylvania, United States. It is located in the Coal Region of the state. It is a part of lower Carbon County, which is considered part of the Lehigh Valley by some. The borough's population was 5,414 at the 2010 census.
Native Americans lived in the area that is now Palmerton for many years. Early European settlers established the villages of Hazard and Little Gap, which were part of Lower Towamensing Township. There was also an Underground Railroad station there. Palmerton was officially incorporated in 1912.
In 1912, the New Jersey Zinc Company located a Zinc smelting operation (now the West Plant) here, in order to take advantage of the anthracite coal being mined just north of Palmerton and the zinc mines in Franklin, New Jersey. The town was named after New Jersey Zinc's then-President, Stephen S. Palmer, though Palmer was reportedly not pleased with having his name on the town.
A second location, the East Plant, was established on the other side of town in 1911. Though other industries, such as several garment manufacturing shops, came to Palmerton, the zinc company was the major employer for most of the town's history.
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