Rent to own Homes in South Euclid, OH
Located just east of Cleveland, South Euclid is a well-established suburb of around 22,000 residents. The city is known for its wide boulevards, scenic park system and diverse assortment of housing. The majority of South Euclid residents commute to jobs in nearby Cleveland and other area suburbs, such as Cleveland Heights, Beachwood and Lyndhurst. South Euclid is also popular for its eclectic selection of eateries, including Jack's Deli and Restaurant and Geraci's for Italian food.
South Euclid, OH is a great place for affordable rent-to-own homes! With a median household income of over $60,368 and a median rent of $1,072, the South Euclid, 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 South Euclid, 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 South Euclid, OH Property Resources
Rent to own Homes in Cities Near South Euclid, OH
- Bass Lake
- Bay Village
- Bedford Heights
- Bentleyville
- Berea
- Boston Heights
- Broadview Heights
- Brooklyn
- Chardon
- Chesterland
- Cuyahoga Falls
- Euclid
- Glenwillow
- Grand River
- Highland Heights
- Hudson
- Hunting Valley
- Independence
- Kirtland
- Lakeline
- Lakewood
- Linndale
- Lyndhurst
- Macedonia
- Maple Heights
- Mentor-on-the-Lake
- Middleburg Heights
- Montrose-Ghent
- Moreland Hills
- Newbury
- North Olmsted
- Olmsted Falls
- Orange
- Painesville
- Parma
- Parma Heights
- Peninsula
- Reminderville
- Richfield
- Richmond Heights
- Rocky River
- Shaker Heights
- Solon
- South Euclid
- South Russell
- Stow
- Timberlake
- Twinsburg Heights
- Westlake
- Wickliffe
Neighborhoods in South Euclid, OH
No neighborhoods foundPopular Zip Codes in South Euclid, OH
44121 rent to own homesBuying a Home in South Euclid, OH
South Euclid, OH is seeing rapid growth and South Euclid, OH's' housing market remains optimal with an average home price that is -50% below the 2024 national average. South Euclid, OH is part of Cuyahoga 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 Cuyahoga is 1.93% which is above the national average, which is 0.99%.
Median Home Price in South Euclid, OH
Median Rent in South Euclid, OH
Top Four Reasons to Live in South Euclid
Diverse architectural styles! There's something for every taste and budget in South Euclid, from the mid-century ranch-style homes along Belvoir Avenue to the classic four-square apartment buildings along Mayfield Road to the 1950s apartments turned condos along Cedar Road. You'll find quite a few rental properties among the single family homes, apartments and condos in South Euclid.
Parks, parks and more parks! Residents will find a selection of recreational activities to suit any age or lifestyle. The City of South Euclid owns and operates four city parks--Bexley, Victory, Oakwood and Quarry--as well as a community center and an outdoor swimming pool. Facilities at the parks include children's playgrounds, picnic facilities, hiking and biking trails, ball fields and a dog park. South Euclid is also tied into the extensive Cleveland Metroparks System, including the system's Euclid Creek Park, which encompasses part of South Euclid's former limestone quarries.
Affordable housing options! The median home value in South Euclid for 2013 was a nice $83,300, representing a small 2.7% increase over the previous year. A few of the most desirable neighborhoods in South Euclid are the Notre Dame College, South Green Road, Felton Road and Ardmore Road areas; where you may even find a few rent to own homes.
Convenient to arts and entertainment! South Euclid is just a short drive away from some of the best cultural institutions in the United States. With Severance Hall, home of the Cleveland Orchestra and the (free) Cleveland Museum of Art in University Circle as well as the Rock and Roll Hall of Fame, Horseshoe Casino Cleveland, the Cleveland Aquarium and SS Cod submarine museum all less than 30 minutes away in downtown Cleveland, there's no shortage of opportunities for fun and entertainment. You can even see an outdoor concert or summer play at Cain Park in Cleveland Heights, the suburb adjacent to South Euclid.