Rent to own Homes in Trotwood, OH
Named after the Charles Dickens character Betsy Trotwood, this small town in Montgomery County, Ohio has a lot to offer residents. Originally settled in 1809, Trotwood was actually not incorporated until 1901, a much longer time period than it took for most settlements of its kind. Now, with a population around 25,000 and a land area of 30.5 miles, it keeps a small town feel while offering plenty of room for growth.
Trotwood, OH is a great place for affordable rent-to-own homes! With a median household income of over $39,110 and a median rent of $780, the Trotwood, 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 Trotwood, 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 Trotwood, OH Property Resources
Rent to own Homes in Cities Near Trotwood, OH
- Arcanum
- Beavercreek
- Bellbrook
- Brookville
- Carlisle
- Casstown
- Christiansburg
- Conover
- Corwin
- Dayton
- Donnelsville
- Englewood
- Enon
- Fairborn
- Farmersville
- Five Points
- Franklin
- Germantown
- Gratis
- Green Meadows
- Holiday Valley
- Huber Heights
- Ithaca
- Jacksonburg
- Lebanon
- Lewisburg
- Medway
- Miamisburg
- Middletown
- Monroe
- Moraine
- New Carlisle
- New Lebanon
- North Hampton
- Oregonia
- Park Layne
- Phillipsburg
- Piqua
- Pitsburg
- Pleasant Hill
- Potsdam
- Riverside
- Springboro
- Spring Valley
- Trenton
- Troy
- Union
- Vandalia
- Verona
- Yellow Springs
Neighborhoods in Trotwood, OH
Trotwood rent to own homesBuying a Home in Trotwood, OH
Trotwood, OH is seeing rapid growth and Trotwood, OH's' housing market remains optimal with an average home price that is -66% below the 2024 national average. Trotwood, OH is part of Montgomery 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 Montgomery is 1.75% which is above the national average, which is 0.99%.
Median Home Price in Trotwood, OH
Median Rent in Trotwood, OH
5 Reasons to Live in Trotwood, Ohio
Take in all the natural beauty! Wolf Creek, part of the larger Miami River, runs though the city, offering residents picturesque locations throughout town while providing fishing for those who have an interest. Sycamore Woods State Park has camping, hiking trails, horseback riding and a variety of other outdoor activities for people to enjoy.
Plenty of specialized entertainment! Trotwood also offers residents and visitors plenty of entertainment options. For starters, there are two major golf courses in the city: Moss Creek and Hara Greens, both offering a quality golfing experience. Trotwood is also home to the annual Dayton Hamvention, a convention attended by amateur radio operators from around the world.
Very low housing costs! Ohio is often known for its relatively low real estate costs and Trotwood is no exception. Whether you hope to find homes for sale outright or wish to look at a rent to own option, there is no shortage of affordable housing. When compared to the national average, Trotwood is on the very low end. The Stillwater Junction neighborhood has some of the most affordable options while Stringtown offers some of the best values.
Rentals are affordable too! Of course, those who would prefer a rental house or apartment complex will also find affordable rates in Trotwood. With the average rental costing only $717 per month, new residents can often get the affordable housing they need from a rental unit. Woodland Hills and Bella Meadow Suites are two great apartment options.
Appreciate the real value of community! Of course, the thing that really sets Trotwood apart is the unique outlook it has on its own community. Activities are organized by the local government year-round and everyone is welcome to participate to help make the city special. This includes regular Family Movie Nights held at The Point, a local destination. Additionally, around the holiday season the city hosts an annual tree lighting where everyone can come out and get a real sense of community. If you're looking for that small town connection, you won't find it stronger anywhere else.