Rent to own Homes in Golden Valley, MN
Residents probably won't find gold in Golden Valley, but they are sure to find opportunity. This city lies just six miles west of Minneapolis and is very much a part of the Twin Cities metro region. However, it manages to maintain its charm and uniqueness, even with the big city atmosphere just minutes away. Full of natural areas, great dining and nightlife, and all sorts of housing, Golden Valley is truly a deserving spot to call home.
Golden Valley, MN is a great place for affordable rent-to-own homes! With a median household income of over $97,783 and a median rent of $1,362, the Golden Valley, 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 Golden Valley, 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.
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Rent to own Homes in Cities Near Golden Valley, 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 Golden Valley, MN
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Golden Valley, MN is seeing rapid growth and Golden Valley, MN's' housing market remains not optimal with an average home price that is 51% above the 2024 national average. Golden Valley, 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 Golden Valley, MN
Median Rent in Golden Valley, MN
Top 4 Reasons to Live in Golden Valley, MN
Spend some time outdoors! Golden Valley is no concrete jungle, and it gives residents a pleasant mix of nature and town. Residents can play a round of golf at Brookview Golf Course, relax at Lions Park, toss a ball at Hampshire Park and skate at Wesley Park. There are numerous nature preserves in town that are great for walking and viewing wildlife, such as Bassett Creek Nature Area and Briarwood Nature Area. Additionally, Medicine Lake, which is a popular spot to fish and boat, is located on the outskirts of town.
Live by a lake or natural area! Over 15 percent of Golden Valley is covered by green space, and a small portion is covered by water. Finding a neighborhood and property next to a lake or forest is simple. Housing around Sweeney Lake and Twin Lake is quite popular. Listings around Brookview Park are also worth checking out. Another good thing about the market here is that just under 25 percent of homes are rentals, while just over 75 percent are owned, which is a good balance. Hence, there are both homes for sale and rent beside a lake or green space.
Plenty of fine eateries! Residents of Golden Valley don't have to make the trek to Minneapolis to wine and dine. Establishments in Golden Valley abound, especially near Interstate 394 and Olson Memorial Highway. Doolittle's Woodfire Grill serves up tasty contemporary dishes and boasts a solid wine collection. Schuller's Tavern is the spot for beers and bar food. Teresa's Mexican Restaurant serves a range of familiar dishes as well as bold margaritas. From the Golden Valley Commons plaza to eateries near Terra Linda Park, this town cooks up delicious meals.
Get a house or an apartment! 67.6 percent of housing units in Golden Valley are single-family homes, while the rest are mostly apartments. There are also some condos and a few townhouses. To find a house for sale, lease or a rent to own deal, look in the areas surrounding Golden Valley Golf and Country Club and Wildwood Park. Apartment complexes are located throughout Golden Valley as well, with several clustered around Willow Creek 12 Theatre.