Rent to own Homes in Lebanon, OH
The charming city of Lebanon, Ohio was chosen by Ohio Magazine as the "Best Hometown" of the entire state in 2012, and not just because it served as hometown to astronaut Neil Armstrong and actor Woody Harrelson. Located in Warren County and a part of the Cincinnati metropolitan area, Lebanon is home to endless things to do from outdoor recreational pursuits and annual festivals to a thriving downtown scene with a host of shopping and dining venues.
Lebanon, OH is a great place for affordable rent-to-own homes! With a median household income of over $65,960 and a median rent of $867, the Lebanon, 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 Lebanon, 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 Lebanon, OH Property Resources
Rent to own Homes in Cities Near Lebanon, OH
- Beavercreek
- Beckett Ridge
- Bellbrook
- Blanchester
- Blue Ash
- Brecon
- Brookville
- Butlerville
- Carlisle
- Clarksville
- Dayton
- Englewood
- Fairborn
- Farmersville
- Five Points
- Four Bridges
- Franklin
- Germantown
- Goshen
- Gratis
- Harveysburg
- Highpoint
- Holiday Valley
- Huber Heights
- Hunter
- Jacksonburg
- Kings Mills
- Lebanon
- Maineville
- Mason
- Medway
- Middletown
- Oregonia
- Park Layne
- Pleasant Plain
- Remington
- Riverside
- Roachester
- South Lebanon
- The Village of Indian Hill
- Trenton
- Union
- Vandalia
- Waynesville
- West Carrollton
- West Chester
- Wetherington
- Wilberforce
- Wilmington
- Woodsdale
Neighborhoods in Lebanon, OH
Downtown Lebanon rent to own homesPopular Zip Codes in Lebanon, OH
45036 rent to own homesBuying a Home in Lebanon, OH
Lebanon, OH is seeing rapid growth and Lebanon, OH's' housing market remains optimal with an average home price that is -11% below the 2024 national average. Lebanon, OH is part of Warren 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 Warren is 1.38% which is above the national average, which is 0.99%.
Median Home Price in Lebanon, OH
Median Rent in Lebanon, OH
Top 6 Reasons to Live in Lebanon, Ohio
Historic downtown! With unique specialty shops and local dining flavors, the downtown scene is packed with delights like the Morgan Best Cafe. Visit the Village Ice Cream Parlor & Restaurant for sweet treats, and while you're there, browse its collection of movie memorabilia from the films Milk Money and Harper Valley PTA -- both used the city as their filming location.
Arts and entertainment! The city is home to the Lebanon Symphony Orchestra and its regular calendar of concerts. Drama enthusiasts will enjoy the Lebanon Theatre Company, which offers numerous shows for the community to enjoy.
Affordable! Lebanon's overall cost of living is over 3 percent less than the nation's average, which gives locals the opportunity to spend their hard-earned cash on more treats. The community was heralded as one of the ten best places to browse for antiques by USA Today, and its downtown area features shops like the Broadway Antique Mall and Exotic Art and Antiques Jewelry.
Parks and recreation! The Will and Harriet Miller Ecological Park is truly a nature lover's dream come true. With bountiful acreage and various plants, the park offers a wildflower garden as well as diverse wildlife. The Westside Sports Park offers facilities for various sports, as well.
Plentiful festivities! Residents and visitors alike regularly enjoy the host of events the city promotes. From the musical acts featured at the Lebanon Blues Festival to the Warren County Fair and Country Applefest, there's no shortage of entertainment here. Locals take pride in the annual Horse Drawn Carriage Parade and Christmas Festival, which features gorgeous light displays and an ample amount of holiday spirit.
Scenic and inexpensive neighborhoods! The city's median home values and rental rates are both almost 9 percent less than the national average, making the city a great place to find affordable rent to own homes. Whether you're looking for property in the Avalon Heights neighborhood near Harmon Golf Club or aiming for a spot downtown within walking distance of Golden Turtle Chocolate Factory, Lebanon has something for everyone.