Rent to own Homes in Elyria, OH

The Black River! Elyria is located on the Black River, a 12-mile long tributary of Lake Erie. The river offers a number of recreational opportunities, including fishing at the Black River Nature Reservation and hiking at Cascade Park.

Elyria, OH is a great place for affordable rent-to-own homes! With a median household income of over $43,816 and a median rent of $740, the Elyria, 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 Elyria, 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.

Check out Elyria, OH rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
Hot
2138 LARKMOOR ST
Rent To Own
East Lorain
Single Family Home
Lorain, OH 44052
3
2
925 ft2
1962
Hot
9430 COLUMBIA RD
Rent To Own
 
Single Family Home
Olmsted Falls, OH 44138
3
1
1460 ft2
1925
6336 ALMONT DR
Rent To Own
 
Single Family Home
Brookpark, OH 44142
3
2
1164 ft2
1961
9745 SHENANDOAH DR
Rent To Own
 
Single Family Home
Brecksville, OH 44141
4
4
4670 ft2
1984
4127 E 114TH ST
Rent To Own
Union - Miles Park
Single Family Home
Cleveland, OH 44105
4
1
1312 ft2
1915
13704 CARPENTER RD
Rent To Own
 
Single Family Home
Cleveland, OH 44125
3
1
1596 ft2
1962
3606 MENLO RD
Rent To Own
 
Single Family Home
Cleveland, OH 44120
4
1
1840 ft2
1923
Hot
1 of 30 709 E RIVER ST
Rent To Own
Downtown Elyria
Single Family Home
Elyria, OH 44035
2
1
1107 ft2
1900
1 of 33 41668 BIRCHWOOD ST
Rent To Own
South Lorain
Single Family Home
Elyria, OH 44035
3
2
2300 ft2
2008
Hot
1 of 16 512 FAIRMOUNT AVE
Rent To Own
 
Single Family Home
Elyria, OH 44035
2
1
750 ft2
1951
6557 MAJESTIC DR
Rent To Own
 
Single Family Home
North Ridgeville, OH 44039
4
3
2207 ft2
2009
Hot
1 of 30 109 GRAYBARK LN
Rent To Own
Hillside
Single Family Home
Amherst, OH 44001
4
2
2208 ft2
1978
Hot
1 of 13 4820 GROVE AVE
Rent To Own
South Lorain
Single Family Home
Lorain, OH 44055
3
1
1044 ft2
1900
1 of 25 8748 OBERLIN RD
Rent To Own
 
Single Family Home
Elyria, OH 44035
3
2
1362 ft2
1961
Hot
1 of 16 5402 WILLIAMSBURG DR
Rent To Own
West Lorain
Single Family Home
Lorain, OH 44053
4
2
1894 ft2
1966
1 of 11 2643 OAKDALE AVE
Rent To Own
West Lorain
Single Family Home
Lorain, OH 44055
4
3
1440 ft2
1923
Hot
1 of 16 118 MALLARD CREEK RUN
Rent To Own
 
Single Family Home
Lagrange, OH 44050
3
2
1999 ft2
2003
1 of 6 1701 W 22ND ST
Rent To Own
West Lorain
Multifamily (5+ Units)
Lorain, OH 44052
3
3
1198 ft2
1900
1 of 42 2463 FAIRFIELD DR
Rent To Own
 
Single Family Home
Avon, OH 44011
4
4
3077 ft2
2010
Hot
1 of 41 1025 WICKLOW CT
Rent To Own
 
Single Family Home
Grafton, OH 44044
4
4
3300 ft2
2003
Hot
1 of 2 1182 WINDMILL WAY E
Rent To Own
 
Single Family Home
Avon, OH 44011
2
2
1020 ft2
2000
Hot
1 of 26 90 HICKORY HOLLOW DR
Rent To Own
 
Single Family Home
Amherst, OH 44001
5
4
3484 ft2
1991
1 of 14 690 HERON BAY
Rent To Own
 
Townhouse/Condo
Avon Lake, OH 44012
4
6
2616 ft2
2016
32709 Belle Rd
Rent To Own
 
Multifamily (2 - 4 Units)
Avon Lake, OH 44011
3
2
1464 ft2
1964
1 of 54 32709 BELLE RD
Rent To Own
 
Single Family Home
Avon Lake, OH 44012
3
2
1464 ft2
1964
Hot
1 of 12 520 ASHLEY CIR
Rent To Own
 
Single Family Home
Avon Lake, OH 44012
3
3
2518 ft2
1986
1 of 34 2116 GEORGIA DR
Rent To Own
 
Single Family Home
Westlake, OH 44145
4
3
3192 ft2
1980
Hot
1 of 15 27018 VALESIDE LN
Rent To Own
 
Single Family Home
Olmsted Twp, OH 44138
3
3
1869 ft2
1995
1 of 30 29230 OSBORN RD
Rent To Own
 
Single Family Home
Bay Village, OH 44140
3
3
1618 ft2
1954
4475 SILVERDALE RD
Rent To Own
 
Single Family Home
North Olmsted, OH 44070
3
2
1257 ft2
1933
637 High Bridge Rd
Rent To Own
 
Single Family Home
Vermilion, OH 44089
3
2
1716 ft2
1960
Hot
1 of 12 23732 ROYALTON RD
Rent To Own
 
Single Family Home
Columbia Station, OH 44028
3
2
1800 ft2
1954
1 of 14 7007 W RIVER RD
Rent To Own
 
Single Family Home
Vermilion, OH 44089
3
2
2648 ft2
1987
4348 EDGEWATER DR
Rent To Own
 
Single Family Home
Vermilion, OH 44089
4
4
5600 ft2
2016
Hot
1 of 10 24744 LAKE RD
Rent To Own
 
Single Family Home
Bay Village, OH 44140
5
2
13900 ft2
2021
Hot
1 of 14 311 WATERFOWL CT
Rent To Own
 
Single Family Home
Wellington, OH 44090
3
2
1658 ft2
2016
440 PROSPECT ST
Rent To Own
 
Single Family Home
Berea, OH 44017
2
1
776 ft2
1860
1 of 3 21149 MORRIS DR
Rent To Own
 
Multifamily (2 - 4 Units)
Strongsville, OH 44149
1
1
1008 ft2
1934
Hot
1 of 24 11247 PROSPECT RD
Rent To Own
 
Single Family Home
Strongsville, OH 44149
4
3
2252 ft2
1957
New
109 RIVEREDGE PKWY
Rent To Own
 
Multifamily (5+ Units)
Berea, OH 44017
6
2
2394 ft2
1979
5258 BRINGHAM DR
Rent To Own
 
Single Family Home
Brunswick, OH 44212
3
3
1976 ft2
2002
Hot
1 of 31 601 PERRY ST
Rent To Own
Harbour Town
Single Family Home
Vermilion, OH 44089
4
2
2115 ft2
1911
1 of 12 2940 Pease Drive
Rent To Own
 
Multifamily (2 - 4 Units)
Rocky River, OH 44116
2
2
895 ft2
Hot
1 of 21 3266 STILLWATER DR
Rent To Own
 
Single Family Home
Medina, OH 44256
4
3
2016 ft2
2008
Map
Sponsored Link

More Elyria, OH Property Resources

Rent to own Homes in Cities Near Elyria, OH

Browse all Rent to own Homes in Ohio

Neighborhoods in Elyria, OH

Downtown Elyria rent to own homes

Popular Zip Codes in Elyria, OH

44035 rent to own homes

Buying a Home in Elyria, OH

Elyria, OH is seeing rapid growth and Elyria, OH's' housing market remains optimal with an average home price that is -51% below the 2024 national average. Elyria, OH is part of Lorain 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 Lorain is 1.35% which is above the national average, which is 0.99%.

Median Home Price in Elyria, OH

Median Rent in Elyria, OH

Rent to own homes offer low monthly payments and flexible terms.

Top 11 Reasons to Live in Elyria

Affordable Housing! The median home value in Elyria for 2013 was a nice $84,900. A few of the most desirable neighborhoods in Elyria are the E. Royalton Rd. and W. River Rd. areas; there are even a few rent to own homes in these communities.

A Rebounding Economy! Elyria, like much of the Great Lakes region, was hit hard by the economic down turn of the early 21st century. However, the city's economy is booming today, with new jobs and new businesses coming into town. Some of the area's top employers are Mercy Regional Medical Center and The RidgeTool Company.

Lots of Rental Properties! Rental properties, including rent to own houses, make up nearly 25% of the housing stock in Elyria. Neighborhoods with lots of rentals include the Gulf Rd. and Midway Mall areas.

The Library System! Elyria is part of the Clev-Net library system, one of the best-rated library systems in the United States. Libraries in the group share books from hundreds of member institutions within northeast Ohio. If you want to borrow a book, you can easily do so at the North Branch Library on Abbe Rd. and the Elyria Public Library (main branch) on Washington Ave.

Low Property Taxes! Property taxes in Elyria are lower than the state average. The average Elyria homeowner pays $1,524 in property taxes annually. A few of the Elyria communities with single-unit homes include the Avon/Beldon Rd. and LaPorte areas.

Parks, Parks and More Parks! The City of Elyria owns and operates a collection of 13 city parks, including an ice rink and two community centers. The most popular parks include the 135-acre Cascade Park and the 35-acre North Park Sports Complex.

The Arts! Elyria is near some of the best cultural institutions in the United States, such as the Cleveland Orchestra, the (free) Cleveland Museum of Art, and the Rock and Roll Hall of Fame.

New Construction! New homes are adding to the diverse array of housing available in Elyria. New home construction projects include Fairfield Estates or the Crossing at Martin's Run. With a 9.86% vacancy rate, it'll be a little easier to find a rent to own property in one of these new developments.

Restaurants Galore! Love to eat? Well, so does Elyria! Stop by Midway Oh Boy for the Oh Boy Sandwich, Wolfeys Pub & Bistro for some wine and beer, or Smitty's Place for a classic burger.

It's Easy to Get Around! Elyria is located right on I-80/90 and U.S. 2, which makes getting around the region easy. In addition, the Lorain County Transit provides public bus transportation between Elyria and points throughout Lorain County.