Rent to own Homes in Fort Dodge, IA
Located along the Des Moines River in north central Iowa's Webster County, the city of Fort Dodge is home to a thriving community of a little more than 25,000 people. The city is one of the main commercial hubs in the beautiful Des Moines Valley, but there's more to Fort Dodge than meets the eye. Nationally recognized museums, lively community events, and numerous entertainment options all add up to a generous helping of Midwest charm.
Fort Dodge, IA is a great place for affordable rent-to-own homes! With a median household income of over $44,290 and a median rent of $667, the Fort Dodge, IA 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 Fort Dodge, IA. 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.
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Fort Dodge, IA is seeing rapid growth and Fort Dodge, IA's' housing market remains optimal with an average home price that is -54% below the 2024 national average. Fort Dodge, IA is part of Webster county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Webster is 1.41% which is above the national average, which is 0.99%.
Median Home Price in Fort Dodge, IA
Median Rent in Fort Dodge, IA
Top 6 Reasons to Live in Fort Dodge
Gorgeous green spaces! Fort Dodge boasts 32 picturesque parks and 500 acres of recreational space. Enjoy fishing at Armstrong Park or using the sporting facilities at the Harlan Rogers Sports Complex. Take a canoe out at Lizard View Access or travel just 30 minutes to hike in the Brushy State Creek Recreation Area.
Low cost of living! The cost of living in Fort Dodge is not only less than the Iowa average, it's almost 20 percent less than the national average. This extends to the average house price, too. Expect to pay an average of $79,900; over 40 percent less than in the rest of the country. This means that you'll have plenty of your budget left to enjoy local amenities, such as Community Orchard and the Fort 8 Theater.
Affordable homes! If you're not hoping to buy your own home, it's possible to pick up bargain rent to own homes or traditional rentals. The average rental price in Fort Dodge is just $525, although rents are higher in a neighborhood like the Historic Oak Hill District, home of the Blanden Memorial Art Museum.
Great shopping! Fort Dodge attracts retail enthusiasts from across Iowa. Browse independent stores such as Xesserorize and Bookworm or pay a visit to the Kohl's department store. The Crossroads Mall is home to stores such as JCPenney, Claire's Boutique and Foot Locker.
Plenty of cultural attractions! The Blanden Memorial Arts Museum is by no means the only cultural attraction in Fort Dodge. You can also catch a show at the Hawkeye Community Theatre or visit the Fort Museum and Frontier Village.
Delicious local produce! The Market on Central, one of the country's top 101 farmer's markets, runs every Saturday morning from June through to September. Stock up on fresh produce from local vendors, such as Black's Heritage Farm and the FD Cheesecake Lady, or pick up handcrafted items from Hope Sweet Hope Studios and Relax the Bath.