Rent to own Homes in North Ridgeville, OH
North Ridgeville was founded in 1810 and incorporated in 1960. The town is located in eastern Lorain County and is just 10 minutes from Cleveland Hopkins International Airport and 20 minutes from downtown Cleveland. With just under 30,000 residents, North Ridgeville is known for its small town charm, community activities, friendly citizens and relaxed lifestyle that brings the community together as one cohesive whole.
North Ridgeville, OH is a great place for affordable rent-to-own homes! With a median household income of over $77,560 and a median rent of $1,049, the North Ridgeville, 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 North Ridgeville, 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.
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Rent to own Homes in Cities Near North Ridgeville, OH
- Akron
- Amherst
- Avon
- Avon Lake
- Bay Village
- Bedford
- Berea
- Bratenahl
- Broadview Heights
- Brooklyn
- Chippewa Lake
- Columbia Station
- Creston
- Cuyahoga Falls
- Cuyahoga Heights
- Elyria
- Fairlawn
- Fairview Park
- Gloria Glens Park
- Grafton
- Independence
- Lakewood
- Linndale
- Litchfield
- Lorain
- Maple Heights
- Medina
- Middleburg Heights
- Montrose-Ghent
- North Olmsted
- North Ridgeville
- Oberlin
- Olmsted Falls
- Parma
- Parma Heights
- Peninsula
- Pheasant Run
- Pigeon Creek
- Richfield
- Rocky River
- Seville
- Shaker Heights
- Sharon Center
- Sheffield
- Sheffield Lake
- South Amherst
- Spencer
- Valley City
- Westfield Center
- Westlake
Neighborhoods in North Ridgeville, OH
No neighborhoods foundPopular Zip Codes in North Ridgeville, OH
44039 rent to own homesBuying a Home in North Ridgeville, OH
North Ridgeville, OH is seeing rapid growth and North Ridgeville, OH's' housing market remains optimal with an average home price that is -13% below the 2024 national average. North Ridgeville, 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 North Ridgeville, OH
Median Rent in North Ridgeville, OH
Top 4 Reasons to Live in North Ridgeville
Small Town Charm! Neighbors in North Ridgeville are friendly and love getting to know new residents. The city hosts a variety of community events each year that bring residents together for celebration, community and fun. The Holiday on the Ridge event each December and the annual Safetyville event hosted by local police are two can't-miss events in this floe-knit community.
A great place to live and work! North Ridgeville was named one of the "Best Places to Live in the Cleveland Area" by Cleveland Magazine in 2013. North Ridgeville began several community growth projects in 2013 and 2014, including new home construction in the Avalon Estates and Center Ridge Heights neighborhood, where homes are available for purchase or for rent. NeighborhoodScout.com named North Ridgeville the 21st safest city in America. North Ridgeville has rental rates lower than nearby Cleveland, making it the perfect place for short-term or long-term living that will fit any budget and lifestyle.
A relaxed lifestyle! North Ridgeville takes pride it its relaxed lifestyle. The pace here is unhurried, but there is always something to do. Outdoorsy types will enjoy exploring the numerous parks, including well-known Frontier Park and South Central Park. The proximity to Cleveland means nightlife-lovers will never feel out-of-place and sports lovers will enjoy golfing at North Ridge Racquet Club & Indoor Golf Center. For relaxed and tasty dining, don't miss the Fiesta Jalapenos Mexican Grill or Aces Grill for some of the best-tasting local foods in the city.
Low tax rates! North Ridgeville has an average home value of just over $150,000, which makes it a great place for first-time home buyers to look for houses for sale and rent to own properties in locations like City Center and Fields. The average property tax in North Ridgeville is just 1.6 percent, which is lower than in nearby Cleveland and other large Ohio cities. With reduced tax rates, residents can choose to spend their money elsewhere.