Rent to own Homes in Oregon, OH
Located in Lucas County, Ohio, Oregon is a small city and a suburb of Toledo, which is about six miles away. On its East side, Oregon borders Lake Erie, which provides local residents with great boating, swimming and fishing opportunities year-round. In 2010, the city had a population of 20,291 according to the U.S. Census, and statistical data shows it is growing rapidly. Covering an area of 28.5 square miles, Oregon is the second largest city in the county. Known as Oregon on the Bay and The City of Opportunity, Oregon offers its residents a resort complex set in a national park, which overlooks Lake Erie.
Oregon, OH is a great place for affordable rent-to-own homes! With a median household income of over $62,409 and a median rent of $664, the Oregon, 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 Oregon, 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 Oregon, OH Property Resources
Rent to own Homes in Cities Near Oregon, OH
- Berkey
- Blissfield
- Bowling Green
- Bradner
- Clay Center
- Curtice
- Deerfield
- Dundee
- Elmore
- Erie
- Genoa
- Gibsonburg
- Graytown
- Harbor View
- Haskins
- Holland
- Ida
- Lambertville
- La Salle
- Luckey
- Luna Pier
- Martin
- Maumee
- Metamora
- Millbury
- Monroe
- Neapolis
- Northwood
- Oregon
- Ottawa Hills
- Ottawa Lake
- Pemberville
- Petersburg
- Reno Beach
- Riga
- Rocky Ridge
- Rossford
- Rudolph
- South Monroe
- Stony Ridge
- Swanton
- Sylvania
- Temperance
- Tontogany
- Walbridge
- Waterville
- West Monroe
- Whitehouse
- Williston
- Woodville
Neighborhoods in Oregon, OH
No neighborhoods foundPopular Zip Codes in Oregon, OH
43616 rent to own homesBuying a Home in Oregon, OH
Oregon, OH is seeing rapid growth and Oregon, OH's' housing market remains optimal with an average home price that is -31% below the 2024 national average. Oregon, OH is part of Lucas 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 Lucas is 1.65% which is above the national average, which is 0.99%.
Median Home Price in Oregon, OH
Median Rent in Oregon, OH
5 Reasons to Live in Oregon, OH
Feast at area restaurants! The Sundance Drive-In is one of the last remaining drive-ins in the Lake Erie region, so it's a favorite among locals for both its fast food and nostalgia. La Vigna (Italian), The Blackhawk Steak Pit (steakhouse), and Messies Bar and Grill (American) are just a few local restaurants to visit. Maxson Restaurant and Riverboat offers dinner on board a riverboat on Lake Erie.
Visit beautiful parks and take part in festivals! Located within the city limits, Pearson Park offers a nice diversion for local residents, with paddle boat rentals and woodland trails. Nearby Maumee Bay State Park offers natural scenery, hiking trails, cabins and a nature center with learning experiences about the Black Swamp forest and topography. Held downtown, the German American Festival is a local event that draws more than 30,000 attendees annually.
Buy waterfront housing and lowest property taxes in the county! Waterfront houses are still available in Oregon and all housing in the area comes with fantastic nearby amenities. Maumee Bay Resort and Conference Center is a waterfront resort on Lake Erie, with guest rooms, cabins, event facilities, camp sites, beach front access and a pool. Use the resort for swimming, fishing, recreation, weddings, or business meetings. Hunters and bird-watchers love the natural areas, but golfers will enjoy Eagle Land Golf Course, which is set within Maumee Bay State Park. The median real estate property tax paid for housing with a mortgage was $2,479 in 2012, which is the lowest in Lucas County.
Oregon has plentiful, affordable housing! In 2011, the U.S. Census listed mean prices for all housing units at $155,967. The City of Oregon's data shows average home price in 2014 as $164,000, which is lower than the national median of $217,000. Every type of structure is represented, from rent to own cottages to elegant mansions, fixer-uppers and condos. Timberhill Subdivision and Svoboda Woods Subdivision are two popular residential areas with affordable, single-family detached dwellings.
Plentiful jobs! A few major employers for the area include St. Charles Hospital, BP Oil Company national refinery and Caraustar. Local opportunities can be expanded by including the Toledo job market, which is just a short drive away.