Rent to own Homes in Logansport, IN
The town of Logansport got its name, along with the port facilities that came with the completion of the Wabash and Erie Canal, from an army scout in the War of 1812. Located at the confluence of the Wabash and Eel Rivers, the city has always had ties to the water. These days, it's home to just over 18,000 people and is the seat of Cass County and a commercial center for nearby agricultural areas.
Logansport, IN is a great place for affordable rent-to-own homes! With a median household income of over $38,053 and a median rent of $658, the Logansport, IN 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 Logansport, IN. 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 Logansport, IN Property Resources
Rent to own Homes in Cities Near Logansport, IN
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Neighborhoods in Logansport, IN
No neighborhoods foundPopular Zip Codes in Logansport, IN
46947 rent to own homesBuying a Home in Logansport, IN
Logansport, IN is seeing rapid growth and Logansport, IN's' housing market remains optimal with an average home price that is -69% below the 2024 national average. Logansport, IN is part of Cass 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 Cass is 0.92% which is below the national average, which is 0.99%.
Median Home Price in Logansport, IN
Median Rent in Logansport, IN
6 Reasons to Live in Logansport, IN
It's a buyer's market! People looking for a home in Logansport will find some very attractive prices. As of late 2014, the average list price stood under $100,000, at just $96,500. Anyone searching for rent to own homes should find sellers willing to accept their offers. The city is essentially divided into three sections by the two rivers, with the downtown zone between them being the original part of town.
Enjoy the great outdoors! France Park has a picturesque waterfall, cabins for rent and nice hiking trails. Dykeman Park, in the northwest part of town, has nice picnic and play areas, along with a public golf course.
Take a ride on the historic carousel! The Denzel Carousel, located in Riverside Park, is a National Historic Landmark, and still in operation. At the park, you will also find a miniature train and miniature golf area, along with basketball courts and more. Check out some local history at the building that holds the Cass County Historical Society's impressive displays.
Variety of housing options! The downtown area is mostly commercial, with smaller, bungalow-style homes mixed with large, older houses in the nearby blocks. Across the river, find even blocks of single-family homes in standard mid-20th century building styles. To the south of the Wabash River and in areas to the east of downtown, see neighborhoods of relatively newer construction with some apartment complexes.
Fun places to eat! Try West Side Diner on W. Market St. for an all-American classic diner experience. For fantastic Chinese, it's China Lane, also on W. Market. Bruno's Carry Out Pizza is on Market, too, and has been a local favorite for generations. Just down the street is Bubba's Smoke Shack BBQ, which boasts awesome pulled pork.
Check out the wineries! While the area might not be the first that comes to mind as a wine region, there are some fine vintages coming from Logansport. The People's Winery has a downtown tasting room on South 3rd St., while the farm country to the north and west offer vineyards like Indian Trail Wines.