Rent to own Homes in Grand Forks, ND
Nice size! Grand Forks is the third-largest city in North Dakota. The 2010 census lists the population of the city of Grand Forks as almost 53,000 people, and the city combined with the surrounding metropolitan area is home to over 98,000. The Country View Neighborhood Association and the Near North Neighborhood Association are both great examples of neighbors working together to create thriving neighborhoods. The Grand Forks Greenway and the Red River are two of the reasons why this area continues to be so easy to access and popular with residents!
Grand Forks, ND is a great place for affordable rent-to-own homes! With a median household income of over $50,194 and a median rent of $817, the Grand Forks, 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 Grand Forks, 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.
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Rent to own Homes in Cities Near Grand Forks, ND
Neighborhoods in Grand Forks, ND
Near North Side rent to own homes Downtown Grand Forks rent to own homes Riverside Park rent to own homes Near South Side rent to own homesBuying a Home in Grand Forks, ND
Grand Forks, ND is seeing rapid growth and Grand Forks, ND's' housing market remains optimal with an average home price that is -4% below the 2024 national average. Grand Forks, ND is part of Grand Forks 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 Grand Forks is 1.83% which is above the national average, which is 0.99%.
Median Home Price in Grand Forks, ND
Median Rent in Grand Forks, ND
11 Reasons to Live in Grand Forks, ND
Sensational state parks! Turtle River State Park is a great place to spend an afternoon hanging out. Take your pick of how you'd like to spend your time. Enjoy hiking, swimming or fishing any day. The Red River State Recreation area also features biking and hiking trails, pedestrian bridges and interpretive programs.
Shop til' ya drop! The city is sprinkled with specialty shops that offer antiques and other one-of-a-kind collectibles. The malls and other stores will leave hard-core shoppers satisfied and content. Columbia Mall and Grand Cities Mall are two of the best places to shop!
Courses and casinos! Over a dozen local golf courses are sprinkled throughout the area and can accommodate every skill level. Those who prefer to spend their leisure time with cards instead of clubs will enjoy the seven casinos in the area. Look for rent to own homes near the King's Walk Golf Course or the Lincoln Golf Course if you like teeing up from time to time!
Take in the arts! The Alerus Center and the Chester Fritz Auditorium is a state-of-the-art facility that hosts musical acts, comedians and some of the hottest performers today. Aerosmith, Bill Cosby and other big name acts have performed here. The Great Grand Forks Symphony Orchestra performs classical concerts and offers youth programs locally.
Homes for rent and sale! Homes for rent and sale in Grand Forks come in all shapes and sizes. There are older homes full of character and newer homes with all the amenities. THe Apollo Complex and ArtsPlace are cool attractions that draw residents and visitors alike and boost the appeal of the area.
No stress city! Grand Forks is the seventh-least economically stressed county in the United States, according to the May 2011 AP Economic Stress Index. The US Labor Department named it as having the fourth-lowest unemployment rate in the United States in 2011.
Plenty of homes and jobs! There are plenty rent to own homes available in Grand Forks. The city was listed as number 45 on "America's Best Cities for Business and Careers" list. The Grand Forks Air Force Base and the Altru Health Care Systems are two of the biggest providers of jobs in the area!
Hockey fans take heed! There's a whole lot of hockey in Grand Forks! The five-story Englestad Arena, located at the University of North Dakota campus, is home to the only Division I hockey team in the state. It's also the site of other ice shows and events.
Awesome pubs to grab a beer! If you're in the mood for a frosty beverage, there are plenty of 'em here! Step into Joe Black's or the Crosstown Lounge to order an ice cold brew.
Increasing vacancy rate! Whether you are looking for rental homes, homes to buy or rent to own houses, the city is large enough to have plenty of offerings right in the heart of the city, like near Demers Ave and South Columbia, or on the outskirts in a quieter neighborhood environment like out near the University of North Dakota.
Endless dining options! The residents of Grand Forks are treated to an endless array of options for dining out and nightlife. Whether you are in the mood for dancing, dining, or the theater, you'll find plenty to do. Chinese? Italian? Mexican? Maybe you're craving a big, juicy burger? You'll find them all in Grand Forks. Sanders 1907 and the Green Mill Restaurant are two local neighborhood favorites.