Rent to own Homes in Willowick, OH
Located on Lake Erie, Willowick, Ohio is an east side suburb of Cleveland. The city's name is derived from its two neighbors, Willoughby and Wickliffe. In the early 19th century, the area known today as Willowick was once part of neighboring counties. Its population has grown since its incorporation as a city from 3,677 in 1950 to 14,171 in 2010. The residents who call Willowick home enjoy a variety of recreational facilities and easy access to lakeside living.
Willowick, OH is a great place for affordable rent-to-own homes! With a median household income of over $64,381 and a median rent of $874, the Willowick, 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 Willowick, 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 Willowick, OH
- Bass Lake
- Bedford Heights
- Bentleyville
- Boston Heights
- Broadview Heights
- Brooklyn
- Chardon
- Chesterland
- Cuyahoga Falls
- Euclid
- Glenwillow
- Grand River
- Highland Heights
- Hudson
- Hunting Valley
- Huntsburg
- Independence
- Kirtland
- Lakeline
- Lakewood
- Linndale
- Lyndhurst
- Macedonia
- Mantua
- Maple Heights
- Mentor-on-the-Lake
- Middleburg Heights
- Moreland Hills
- Newbury
- Orange
- Painesville
- Parma
- Parma Heights
- Peninsula
- Reminderville
- Richfield
- Richmond Heights
- Rocky River
- Shaker Heights
- Solon
- South Euclid
- South Russell
- Stow
- Streetsboro
- Sugar Bush Knolls
- Timberlake
- Twinsburg Heights
- University Heights
- Waite Hill
- Wickliffe
Popular Zip Codes in Willowick, OH
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Willowick, OH is seeing rapid growth and Willowick, OH's' housing market remains optimal with an average home price that is -44% below the 2024 national average. Willowick, OH is part of Lake 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 Lake is 1.54% which is above the national average, which is 0.99%.
Median Home Price in Willowick, OH
Median Rent in Willowick, OH
Top 7 Reasons to Live in Willowick, Ohio
Ranked 4th in the top 100 cities in Ohio! Low crime rates, moderate summer temperatures, and low unemployment all earned Willowick its rating as one of the best cities in Ohio. The unemployment rate is 6.2 percent lower than the rest of the state. As one of Ohio's top cities, Willowick is a great place to live and buy a home. Several post-WWII bungalows are available for sale or rent to own in the numbered streets (East 310th through East 355th). Houses for sale are also available along Willowick Drive and behind Shoregate Shopping Center.
Low cost of living! The cost of living in Willowick is 7.3% lower than the national average. Residents have several options when looking to buy or rent here. Both the Larimar community and Lakeshore Towers offer a direct view of Lake Erie. Shamrock Park Condominiums are also located within walking distance of the Lake.
Enjoy life on the lake! City Hall is located on the lake and so is Lakefront Lodge. A beautiful park with a pavilion, picnic tables and rental facilities is located in front of Lakefront Lodge. Residents like to gather and watch the sunset over the lake.
Delicious food for every craving! Visitors come from all around Northeastern Ohio to buy their meat from family-owned Rudy's Butcher Shop on Vine Street. Andoloro's restaurant offers basic Italian dishes plus Sicilian specialty dishes. Cala's Pizzeria is the local favorite pizza parlor.
Fitness opportunities for everyone! The Willowick Parks and Recreation Department provides a variety of activities for residents. Groups of all ages meet for walking, basketball, and karate at Manry Park near East 300th street. Dudley Park on Willowick Drive has a pool and baseball/softball diamonds.
Learn about history in northeastern Ohio! The Great Lakes are full of great history. Willowick was part of the Western Reserve, a land treaty made with the Iroquois Indians in 1796. In the treaty, the Connecticut Land Company was given title to the land east of the Cuyahoga River.
Easy access to major interstates! Willowick is in the center of the action. From any side of town, it is fewer than 10 minutes to important northeastern Ohio thoroughfares like I-271, Route 2, and Route 20. It is also located at the crossroads of local access roads such as Euclid Avenue and Vine Street. The 15 minute commute to downtown Cleveland is an easy drive for those who need to make it on a daily basis.