Rent to own Homes in Franklin Furnace, OH
Franklin Furnace, OH is a great place for affordable rent-to-own homes! With a median household income of over $45,904 and a median rent of $850, the Franklin Furnace, 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 Franklin Furnace, 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 Franklin Furnace, OH Property Resources
Rent to own Homes in Cities Near Franklin Furnace, OH
- Argillite
- Ashland
- Bellefonte
- Burlington
- Cannonsburg
- Catlettsburg
- Centerville
- Centerville (Thurman)
- Ceredo
- Chesapeake
- Clarktown
- Coal Grove
- Denton
- Flatwoods
- Franklin Furnace
- Greenup
- Hanging Rock
- Huntington
- Ironton
- Ironville
- Kenova
- Kitts Hill
- Mc Dermott
- Minford
- New Boston
- Oak Hill
- Patriot
- Pedro
- Portsmouth
- Quincy
- Raceland
- Rosemount
- Rush
- Russell
- Sciotodale
- Scottown
- South Point
- South Portsmouth
- South Shore
- South Webster
- Stockdale
- Thurman
- Waterloo
- West Portsmouth
- Wheelersburg
- Willow Wood
- Worthington
- Wurtland
Neighborhoods in Franklin Furnace, OH
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Franklin Furnace, OH is seeing rapid growth and Franklin Furnace, OH's' housing market remains optimal with an average home price that is -58% below the 2024 national average. Franklin Furnace, OH is part of Scioto 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 Scioto is 1.05% which is above the national average, which is 0.99%.