Rent to own Homes in Broadview Heights, OH
Broadview Heights is located in Cuyahoga County and has a population estimated at 20,000 residents. According to AreaVibes, Broadview Heights receives one of the highest livability scores in the state because of its affordable cost of living, access to local amenities, stable economy and minimal crime. Throughout the year, the city hosts numerous community events ranging from a pancake breakfast in the fall to a First Night celebration on New Years.
Broadview Heights, OH is a great place for affordable rent-to-own homes! With a median household income of over $87,815 and a median rent of $925, the Broadview Heights, 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 Broadview Heights, 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 Broadview Heights, OH Property Resources
Rent to own Homes in Cities Near Broadview Heights, OH
- Bay Village
- Bedford Heights
- Bentleyville
- Berea
- Boston Heights
- Broadview Heights
- Brooklyn
- Chesterland
- Clinton
- Columbia Station
- Cuyahoga Falls
- Cuyahoga Heights
- Euclid
- Fairlawn
- Fairview Park
- Gates Mills
- Glenwillow
- Grafton
- Highland Heights
- Hudson
- Hunting Valley
- Independence
- Linndale
- Litchfield
- Lyndhurst
- Maple Heights
- Medina
- Munroe Falls
- New Franklin
- North Ridgeville
- Norton
- Novelty
- Parma Heights
- Reminderville
- Rocky River
- Sawyerwood
- Shaker Heights
- Sharon Center
- Solon
- South Euclid
- Stow
- Streetsboro
- Sugar Bush Knolls
- Twinsburg Heights
- University Heights
- Valley City
- Westlake
- Wickliffe
- Willoughby Hills
- Woodmere
Neighborhoods in Broadview Heights, OH
No neighborhoods foundPopular Zip Codes in Broadview Heights, OH
44147 rent to own homesBuying a Home in Broadview Heights, OH
Broadview Heights, OH is seeing rapid growth and Broadview Heights, OH's' housing market remains not optimal with an average home price that is 7% above the 2024 national average. Broadview Heights, OH is part of Cuyahoga 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 Cuyahoga is 1.93% which is above the national average, which is 0.99%.
Median Home Price in Broadview Heights, OH
Median Rent in Broadview Heights, OH
Top 5 Reasons to Live in Broadview Heights, OH
A great Parks and Recreation Department! At a cost of only $180 per year, adult residents are able to join the Broadview Heights Community Center to receive access to the large fitness center, pool and gymnasium. Free members-only classes include yoga, Pilates and zumba. Head to The Fields Park to walk the pup around the Dog Park or go for a relaxing walk along the pavilion.
A thriving local economy! In addition to having a bustling Downtown Center, Broadview Heights is also home to several major employers that hire hundreds of local residents. Examples of the companies with the highest number of local employees include Ohio Caterpillar, Family Heritage Insurance and Southwestern American Financial.
Terrific community festivals!! Organized by the City of Broadview Heights, the Home Days on the Green festival is a weekend of non-stop excitement that includes carnival-themed rides, fireworks, food from local restaurants and great music. Bring your appetite to the Family Bake-Off held in July where adults make cakes, teens make cake pops and kids make cookies that are judged by local pastry chefs and residents.
Home values showing signs of growth! Since November 2013, the median home value in Broadview Heights has increased 2.2 percent to $200,800. Per Zillow, there is no end in sight to this rise with home values predicted to increase another 1.6 percent in 2015. Whether you are looking at a rent to own home or a single family residence to purchase, now is the time to buy in a neighborhood like Richard Rod or West Mill Road.
Fluctuating Median Sale Price! The median sale price in Broadview Heights has been fluctuating all over the map with a high of $215,000 in August 2014 and a low of $151,000 in November. Given that the figure is on a rapid decline, now is the time to purchase a home in Broadview Heights at a great value. Look to an area like the City Center or East Wallings Road to find the best deals.