Rent to own Homes in Perrysburg, OH
Perrysburg, located just south of Toledo along the Maumee River, is a quiet suburb of around 20,000 residents. The city, which was the site of two important battles during the War of 1812, is named for Oliver Hazard Perry, the naval commander who led the U.S. Navy to victory in the Battle of Lake Erie. Perrysburg is a fast-growing community, with the population more than doubling in the last 20 years.
Perrysburg, OH is a great place for affordable rent-to-own homes! With a median household income of over $89,223 and a median rent of $1,068, the Perrysburg, 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 Perrysburg, 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 Perrysburg, OH Property Resources
Rent to own Homes in Cities Near Perrysburg, OH
- Ai
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- Blissfield
- Bowling Green
- Bradner
- Clay Center
- Curtice
- Deerfield
- Dundee
- Elmore
- Erie
- Genoa
- Gibsonburg
- Graytown
- Harbor View
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- Holland
- Ida
- Jerry City
- Lambertville
- La Salle
- Luckey
- Luna Pier
- Martin
- Maumee
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- Millbury
- Monroe
- Neapolis
- Northwood
- Oregon
- Ottawa Lake
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- Petersburg
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- Rudolph
- South Monroe
- Stony Ridge
- Sylvania
- Temperance
- Tontogany
- Walbridge
- Waterville
- West Monroe
- Weston
- Whitehouse
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Neighborhoods in Perrysburg, OH
Three Meadows rent to own homes Perrysburg rent to own homes Perrysburg Historic District rent to own homesPopular Zip Codes in Perrysburg, OH
43552 rent to own homesBuying a Home in Perrysburg, OH
Perrysburg, OH is seeing rapid growth and Perrysburg, OH's' housing market remains not optimal with an average home price that is 5% above the 2024 national average. Perrysburg, OH is part of Wood 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 Wood is 1.43% which is above the national average, which is 0.99%.
Median Home Price in Perrysburg, OH
Median Rent in Perrysburg, OH
Top 4 Reasons to Live in Perrysburg, Ohio
Small town feel, big city amenities! Perrysburg combines the best of small town living and big city life. The city is just a few miles away from health care at the Medical College of Ohio. Education, sports like Toledo Mud Hens baseball, shopping at Timber Oaks and other amenities are offered in nearby Toledo, allowing Perrysburg to maintain a friendly, "everybody knows your name" atmosphere. Perrysburg also has a charming downtown shopping district with antique stores, art galleries and specialty food stores.
Affordable housing! The median home value in Perrysburg for 2013 was $175,100, much less than the national average. A few of the most sought after neighborhoods in Perrysburg are the Roachton and Simmons Rd. areas; there are even a few rent to own properties in these neighborhoods. Perrysburg offers a diverse mixture of housing, ranging from century homes in the center of town to new construction to semi-detached condos to apartment-style condos. There's something for every taste and budget in this city.
Lots of parks! The City of Perrysburg owns and operates a collection of 11 city parks with 189 acres of green space. Facilities include 13 ball fields, six playgrounds, a swimming pool, a variety of hiking trails, a disc golf course and a boat launch. The most popular parks include Riverside Park, with its excellent views of the Maumee River and picnic spaces, and Woodlands Park, one of the city's newest parks.
New construction! New homes are adding to the available housing for rent in Perrysburg. New home construction projects in the city include Lakemont and the Belmont Farms. With a 3.42% vacancy rate, it will probably be a little easier to find a rental property in one of these new developments.