Rent to own Homes in Aurora, OH
Aurora, Ohio, located about 40 minutes by car from downtown Cleveland, combines the charm of a small town with proximity to big city sports, jobs, health care, culture and shopping. The town, which was an early stagecoach stop, features graceful New England architecture, a bucolic town square and easy access to other parts of the region.
Aurora, OH is a great place for affordable rent-to-own homes! With a median household income of over $113,438 and a median rent of $1,449, the Aurora, 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 Aurora, 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 Aurora, OH Property Resources
Rent to own Homes in Cities Near Aurora, OH
- Bass Lake
- Bay Village
- Bedford Heights
- Bentleyville
- Berea
- Boston Heights
- Broadview Heights
- Brooklyn
- Chardon
- Chesterland
- Cuyahoga Falls
- Euclid
- Fairlawn
- Glenwillow
- Grand River
- Highland Heights
- Hudson
- Hunting Valley
- Independence
- Kirtland
- Lakeline
- Lakewood
- Linndale
- Lyndhurst
- Macedonia
- Mantua
- Maple Heights
- Mentor-on-the-Lake
- Middleburg Heights
- Montrose-Ghent
- Moreland Hills
- Munroe Falls
- Newbury
- North Olmsted
- Olmsted Falls
- Orange
- Painesville
- Parma
- Parma Heights
- Peninsula
- Reminderville
- Richfield
- Richmond Heights
- Rocky River
- South Russell
- Sugar Bush Knolls
- Timberlake
- Twinsburg Heights
- Westlake
- Wickliffe
Neighborhoods in Aurora, OH
Aurora rent to own homesPopular Zip Codes in Aurora, OH
44202 rent to own homesBuying a Home in Aurora, OH
Aurora, OH is seeing rapid growth and Aurora, OH's' housing market remains not optimal with an average home price that is 33% above the 2024 national average. Aurora, OH is part of Portage 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 Portage is 1.3% which is above the national average, which is 0.99%.
Median Home Price in Aurora, OH
Median Rent in Aurora, OH
Top 7 Reasons to Live in Aurora, Ohio
Historic districts! Aurora was one of the first communities in northeast Ohio settled by the Connecticut Land Company in the mid-19th century. Many of these original homes still stand and have been restored to their former glory. The Aurora Center Historic District includes several good examples of early Western Reserve architecture, such as the First Congregational Church and the Town Hall, which was built in 1855.
Lots of rentals! Approximately seven percent of the rental properties in Aurora are currently unoccupied. That means that there are usually empty rent to own homes and apartments available in the city. Some of the more popular areas include Russet Woods Lane and Barrington Place.
Outlet shopping! The Aurora Farms Premium Outlets are located in Aurora. This collection of more than 70 discount retailers includes Coach, Eddie Bauer Outlet and Brooks Brothers.
Lots of parks! The City of Aurora owns and operates 10 city parks, including Sunny Lake Park and Veterans Memorial Park. Aurora is also home to Wildwater Kingdom, a popular summer water park.
Affordable housing! With a median home value of $215,400, homes in Aurora cost much less than the national average of $223,600. That translates into lower rents. Some of the best areas to find rental own properties are East Pioneer Trail and Shawnee Trail.
Cultural activities! Aurora is within an hour's drive of some of the country's major cultural institutions, such as the Cleveland Orchestra at Severance Hall, the Rock and Roll Hall of Fame in downtown Cleveland and the Cleveland Museum of Art in Cleveland's University Circle neighborhood.
Easy to get around! Aurora's relatively small size makes it easy to get around town. The city is also located directly on State Routes 306 and 82, which connect the city to other Cleveland suburbs as well as to Akron and Youngstown. Cleveland's Regional Transit Authority operates regular public bus service between Aurora and downtown Cleveland.