Rent to own Homes in Ashland, OH
The 11 square mile city of Ashland, Ohio, is located in Ashland County. In fact, Ashland is the county seat and provides a home to about 20,362 residents (according to the 2010 Census). Ashland, which was once called Uniontown, has been around since 1815. It was given the name Ashland to avoid confusion with another settlement by the same name. Ashland's welcome sign asserts that it's the World Headquarters of Nice People.
Ashland, OH is a great place for affordable rent-to-own homes! With a median household income of over $48,663 and a median rent of $716, the Ashland, 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 Ashland, 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 Ashland, OH Property Resources
Rent to own Homes in Cities Near Ashland, OH
- Apple Valley
- Ashland
- Bailey Lakes
- Bellville
- Butler
- Candlewood Lake
- Celeryville
- Chesterville
- Crestline
- Fredericktown
- Galion
- Greenwich
- Hayesville
- Hidden Lakes
- Iberia
- Jeromesville
- Lakeville
- Lexington
- Loudonville
- Lucas
- Mansfield
- Mifflin
- Mount Gilead
- Mount Vernon
- Nankin
- New London
- North Fairfield
- North Robinson
- Nova
- Ontario
- Perrysville
- Plymouth
- Polk
- Roseland
- Savannah
- Shelby
- Shiloh
- South Mount Vernon
- Sullivan
- Tiro
- Willard
Neighborhoods in Ashland, OH
No neighborhoods foundPopular Zip Codes in Ashland, OH
44805 rent to own homesBuying a Home in Ashland, OH
Ashland, OH is seeing rapid growth and Ashland, OH's' housing market remains optimal with an average home price that is -50% below the 2024 national average. Ashland, OH is part of Ashland 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 Ashland is 1.13% which is above the national average, which is 0.99%.
Median Home Price in Ashland, OH
Median Rent in Ashland, OH
Top 4 Reasons to Live in Ashland, OH
Many property types for sale! In Ashland, Ohio, the median sale price of homes is $123,463 as of November 2014. As far as square footage is concerned, the average price is $74 per square foot. The city has many neighborhoods from which newcomers can choose, with Bailey, City Center, Five Points, Paradise Hill and England among the most popular. Rent to own opportunities can be found in many areas for those unwilling to buy outright.
Lower than average rents! Though rental prices depend on a number of factors, including location, amenities and lease terms, Ashland has lower average rents than many places across the country. The average rent for the city hovers around the $663 mark, which is about six percent less than the average for the state and about 25 percent lower than the U.S. average. Bailey Lake offers particularly low rents, with an average of $455 per month and many homes and mobile homes for rent. Paradise Hill has more apartment buildings and offers an average rent of $518 per month.
Many places to dine out in the community! When it's time to eat out, Ashland residents have many options, including local favorites like Jake's, Belly Busters and Golden Dragon. Those with a hankering for pizza have places like Dor Lo Pizza and Besta Fasta Pizza from which to choose.
Wide-open spaces to enjoy! Ashland offers many neighborhood parks with hiking and biking trails, soccer fields, tennis courts and basketball courts. Many parks have places to picnic, and some even include grills. Brookside Park has a swimming pool, tennis courts and a miniature golf course, while Cahn Grove Park has ball diamonds, tennis courts, basketball courts and public restrooms. Davis Road Park is known for its scenic hiking trails and Brookside West Park has a fishing pond, sand volleyball, shuffleboard and soccer fields.