Rent to own Homes in Bismarck, ND
Shop the local mall. Kirkwood Mall, an enclosed shopping area in downtown Bismarck, offers over 90 retail stores, including Scheels All Sports and Herberger's. Find whatever you need only minutes from where you live.
Bismarck, ND is a great place for affordable rent-to-own homes! With a median household income of over $67,629 and a median rent of $874, the Bismarck, ND 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 Bismarck, ND. 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 Bismarck, ND Property Resources
Rent to own Homes in Cities Near Bismarck, ND
Neighborhoods in Bismarck, ND
North Hills rent to own homes Sattler Sunrise rent to own homes Downtown rent to own homes Missouri Valley Complex rent to own homes Cathedral Historic District rent to own homes Wachter's rent to own homes North Dakota State Capitol Complex rent to own homes Tibesars rent to own homes Park Hill rent to own homes Country West rent to own homesPopular Zip Codes in Bismarck, ND
58505 rent to own homesBuying a Home in Bismarck, ND
Bismarck, ND is seeing rapid growth and Bismarck, ND's' housing market remains not optimal with an average home price that is 15% above the 2024 national average. Bismarck, ND is part of Burleigh 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 Burleigh is 1.56% which is above the national average, which is 0.99%.
Median Home Price in Bismarck, ND
Median Rent in Bismarck, ND
Top 14 Reasons to Live in Bismarck, ND
Stay busy at Capitol complex. The North Dakota State Capitol complex contains the tallest building in the city. Learn about the state's history at the Heritage Center or find something to read at the State Library.
Be close to the arts. The city's center for the arts is The Belle Mehus Auditorium, which dates back to 1914. You can easily catch a performance of the Bismarck-Mandan Symphony Orchestra or the Northern Plains Ballet.
Get fit. Bismarck infrastructure includes a large park system and a good number of exercise trails. Run or bike along the banks of the Missouri River at Sertoma Park.
Be in proximity to quality healthcare. Bismarck has two hospitals, Sanford Health Center and Alexius Medical Center, which recently joined with another institution to form the Bismarck Cancer Center.
Cheer at the game. Bismarck has two professional sports teams for you to support, the Bismarck Bobcats hockey team and the Dakota Wizards basketball team.
Relive American history. Nearby, in the town of Mandan, you can explore Fort Abraham Lincoln State Park. The park contains many historically significant sites, such as the partial reconstruction of Fort Abraham Lincoln, which was an important command center during the Battle of Little Bighorn, as well as On-a-Slant village, original home to the Mandan tribe.
Golf away. Bismarck is home to five golf courses, including Apple Creek Country Club and Riverwood Golf Course. Get our your clubs and hit the green.
Eat good food. Bismarck has a variety of restaurants and cafes from which to choose. Be sure to visit Blarney Stone for authentic Irish pub food. For fresh, stone ground bread products, Bread Poets will become your go-to.
Watch house prices rise. The average house price increased 6.8% over the last year, and this rise is expected to continue, making it a great time to rent to own your next property in the lovely neighborhoods of River Road or Double Ditch Indian Village.
Live in a historic neighborhood. The Cathedral District boasts homes dating to the 1880s, as well as elm-lined streets and the beautiful Cathedral of the Holy Spirit, a gorgeous example of Art Deco architecture.
Buy a house for less than the national average. Bismarck's average price for homes is less than the national average, allowing you to find your dream space for less. Explore rent to own homes in the rapidly appreciating areas of Arnold or City Center.
Pay less rent. Renters will enjoy rates that are 29% less than the national average. Find rent to own houses in the popular neighborhoods of East Divide Avenue-East Main Avenue or South Washington Street-Riverwood Drive.
Trust in a long-term investment. Over the last 10 years, Bismarck real estate showed an appreciation rate of 97%, which puts Bismarck in the top 10% nationally. This long-term trend makes Bismarck a great place to invest for the future. Your new community may await in the quickly growing areas of Bismarck State College-West Divide Avenue or East Divide Avenue-North 4th Street.