Rent to own Homes in Westfield, IN
With a population of 30,070, Westfield ranks fifth in CNN Money Magazine's top small towns of the Midwest. From quiet country roads to quaint local diners, this city is the perfect place in which to settle down. Westfield is a great place to live for many reasons, including the community parks, beautiful homes for sale, wonderful places to eat, affordable apartments, and the slew of community events.
Westfield, IN is a great place for affordable rent-to-own homes! With a median household income of over $99,855 and a median rent of $1,200, the Westfield, 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 Westfield, 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 Westfield, IN Property Resources
Rent to own Homes in Cities Near Westfield, IN
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Neighborhoods in Westfield, IN
Centennial rent to own homes Bridgewater Club rent to own homes Woodshire rent to own homes Brookside rent to own homes Oak Park rent to own homes Summit Lakes rent to own homes Andover rent to own homes Oak Manor rent to own homes Viking Meadows rent to own homes Countryside rent to own homesPopular Zip Codes in Westfield, IN
46074 rent to own homesBuying a Home in Westfield, IN
Westfield, IN is seeing rapid growth and Westfield, IN's' housing market remains not optimal with an average home price that is 29% above the 2024 national average. Westfield, IN is part of Hamilton 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 Hamilton is 1.08% which is above the national average, which is 0.99%.
Median Home Price in Westfield, IN
Median Rent in Westfield, IN
Top 6 Reasons to Live in Westfield, IN
Beautiful homes! At a mean price of $270,574 for detached houses, Westfield boasts beautiful homes all over the city. There is everything from a 1,500 square foot houses to a 6,000 square foot homes on the market. If you want to get a feel for the city before buying, but want to own in the future, there are several rent to own listings in the community, as well.
Lush parks! If you're looking for an active day outdoors, Quaker Park is just the place to go. With a splash park, basketball court, playground, and trail, you'll keep busy all day. MacGregor Park is the perfect place for anyone, with events throughout the year that are great for any age. They host a tea party, cookie decorating during the holidays, Nature Buddies, races, and more. Stop by Freedom Trail Park to play on their amazing playground or take in the view of riverbanks, wetlands, woodlands, and more.
Delectable eateries! Stop by Big Hoffa's Barbeque for some mouthwatering ribs, a smoked sausage sandwich, or pulled pork. If you're in the mood for pizza, try Jan's Village Pizza, which serves delicious gourmet pizzas and also offers sandwiches and wings. Don't forget The Local Eatery & Pub when looking for an amazing meal, though. They serve everything from baked goat cheese to sea salt gnocchi.
Affordable apartments! Check out Union Street Flats for modern, open apartments. There, you will find one-bedroom apartments starting at $729 a month. The community is also home to Maple Knoll Apartments, which offers a number of different floor plans for a variety of prices starting at $839.
Community Events! Westfield offers many community events throughout the year. From Bike to School in May and Movies in the Park in July, to Voices from the Past in September and Westfield in Lights in December, there is plenty to get involved in throughout the community. You can also become a community volunteer, if you'd like.