Rent to own Homes in Alliance, OH
Nicknamed the Carnation City, at its founding in 1854 Alliance consisted of three different communities, Freedom, Liberty and Williamsport, which merged. The current city wouldn't be fully complete until after Mount Union was added to the area in 1888. Whether the name originated from the "alliance" of the four communities or the "alliance" where two railroad lines intersect in the city, Alliance is filled with historic and cultural charm.
Alliance, OH is a great place for affordable rent-to-own homes! With a median household income of over $36,883 and a median rent of $705, the Alliance, OH 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 Alliance, OH. 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 Alliance, OH Property Resources
Rent to own Homes in Cities Near Alliance, OH
- Akron
- Atwater
- Aurora
- Barberton
- Bedford Heights
- Bentleyville
- Boston Heights
- Broadview Heights
- Canton
- Clinton
- Cuyahoga Falls
- Doylestown
- East Canton
- Fairlawn
- Glenwillow
- Green
- Greentown
- Hudson
- Independence
- Lakemore
- Limaville
- Louisville
- Mantua
- Maple Heights
- Marlboro
- Marshallville
- Massillon
- Medina
- Middlebranch
- Mogadore
- Munroe Falls
- Navarre
- New Franklin
- North Industry
- Norton
- Orrville
- Portage Lakes
- Reedurban
- Reminderville
- Richville
- Sawyerwood
- Sharon Center
- Solon
- Sterling
- Stow
- Streetsboro
- Suffield
- Sugar Bush Knolls
- Twinsburg Heights
- Uniontown
Neighborhoods in Alliance, OH
No neighborhoods foundPopular Zip Codes in Alliance, OH
44601 rent to own homesBuying a Home in Alliance, OH
Alliance, OH is seeing rapid growth and Alliance, OH's' housing market remains optimal with an average home price that is -61% below the 2024 national average. Alliance, OH is part of Stark 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 Stark is 1.21% which is above the national average, which is 0.99%.
Median Home Price in Alliance, OH
Median Rent in Alliance, OH
Top 3 Reasons to Live in Alliance, OH
Housing valuations on the rise! For those looking into buying a home or tracking down some rent to own properties, now is the perfect time to make the move to Alliance. Over the past year alone, the home value in the area has increased by nearly 3%. Getting in now, while properties are still around 56 percent lower than the national average, is ideal for buyers and investors alike. If you jump on these prices while they're still low, you could end up living anywhere from the area around University of Mount Union to neighborhoods adjacent to the Mahoning River. Even better, you will be getting much better rates than those who make the move after valuations have potentially skyrocketed in the recovering housing market.
Exciting activities for all! Full of its own small city appeal, Alliance has an abundance of things to keep a person occupied all year round. For those interested in history, the World War History and Art Museum is centrally located. Cat lovers will certainly enjoy the Feline Historical Museum. If history is not your thing, check out Beech Creek Botanical Garden for a relaxing walk. If your tastes are a bit more extreme, head over to Canton Airsports for your first skydiving adventure.
Great chance to own a home! There is no shortage of property around Alliance. While a respectable 47% of all homes in the city are owned by people who have chosen to live in the city, a relatively low level of occupancy by renters, hovering around 13%, leaves plenty of properties for new residents to choose from. Though you won't be able to swing a mortgage on the Haines House, a historical property that was once part of the Underground Railroad, you can definitely find a place near the Alliance Country Club or similarly beautiful areas.