Rent to own Homes in Crystal, MN
Recognized by the state of Minnesota with the "Star City" designation due to its economic development, Crystal, Minnesota occupies a land area of about 5.9 square miles. Its population is just shy of 23,000 and it is one of the major cities in Hennepin County. Due to its small size, it maintains that small town environment and has a slightly different local government, operating under a city council with administrative duties belonging to the City Manager.
Crystal, MN is a great place for affordable rent-to-own homes! With a median household income of over $70,724 and a median rent of $1,132, the Crystal, MN 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 Crystal, MN. 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 Crystal, MN Property Resources
Rent to own Homes in Cities Near Crystal, MN
- Anoka
- Apple Valley
- Bloomington
- Burnsville
- Cedar
- Chaska
- Circle Pines
- Columbus
- Coon Rapids
- Crystal
- Dayton
- Deephaven
- Eagan
- Eden Prairie
- Edina
- Falcon Heights
- Fridley
- Gem Lake
- Golden Valley
- Hamel
- Ham Lake
- Hanover
- Hilltop
- Hopkins
- Lauderdale
- Lexington
- Lilydale
- Lino Lakes
- Little Canada
- Long Lake
- Maple Grove
- Maplewood
- Mendota
- Minneapolis
- Minnetonka
- New Hope
- Nowthen
- Orono
- Osseo
- Plymouth
- Prior Lake
- Ramsey
- Rogers
- Shakopee
- St. Anthony
- St Paul
- Vadnais Heights
- Wayzata
- White Bear Lake
- Woodland
Neighborhoods in Crystal, MN
Lee Park rent to own homes Forest rent to own homes Lions Park rent to own homes Skyway rent to own homes Twin Oaks rent to own homes Cavanagh Oaks rent to own homes Welcome Park rent to own homes Bassett Creek rent to own homes Valley Place rent to own homes Winnetka Hills rent to own homesPopular Zip Codes in Crystal, MN
55429 rent to own homesBuying a Home in Crystal, MN
Crystal, MN is seeing rapid growth and Crystal, MN's' housing market remains optimal with an average home price that is -3% below the 2024 national average. Crystal, MN is part of Hennepin 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 Hennepin is 1.14% which is above the national average, which is 0.99%.
Median Home Price in Crystal, MN
Median Rent in Crystal, MN
7 Reasons to Live in Crystal, Minnesota
Abundant housing opportunities! If you wish to find homes for sale, you will discover there is no shortage in Crystal, Minnesota. Real estate listings for the area show a steady supply of homes and the cost is below the national average, resting at about $160,000. The two most affordable neighborhoods are at Fairview Ave N/Douglas Dr N and 59th Ave N/Winnetka Ave N. You may also consider rent to own homes.
Rentals are available! Should you prefer not to own property, you can also explore rentals. The average cost of rent is only $850, which is lower than the national average and there are many options. Crystal Village is one of the most popular apartment complexes in the area, and rests even further below the national average. Granite Cliffs is another great option to check out.
Plenty of community involvement! If you are looking for a community that has activities organized, Crystal has you covered. The Crystal Community Center regularly organizes activities for residents to meet. For example, the holidays always bring about a Cabin Fever Reliever, where people gather for winter entertainment.
Enjoy the nature trails and preserves! Crystal is home to some of the most beautiful landscapes in Minnesota. Residents can enjoy visiting some of the local preserves such as the Preserve at Bassett Creek or Brownwood Park.
Special recreation areas to enjoy! If you want something more organized, the city also provides special recreation areas. You may wish to do some fishing at the Fishing Pier of Twin Lake or even check out the Disc Golf Course at Bassett Creek.
There are specialized parks too! The city also includes some specialized parks where you can meet members of the community or simply spend some time to relax. This includes the Crystal Dog Park to walk your dog or the Southbrook Community Garden, where you can participate in a project to improve the area.
The neighborhoods are full of natural beauty! If getting around the preserves wasn't enough, the neighborhoods of Crystal are full of more natural beauty. This is because the city maintains a variety of small parks within the streets, allowing you to always feel at ease. Out of over a dozen parks, the Crystal Highlands Park and Iron Horse Park are two you must visit.