Rent to own Homes in Wooster, OH
Situated in the heart of Amish country and only about an hour west of the Akron/Canton metropolitan area, Wooster offers residents the best of country living and city amenities. Founded in 1808, the city is famous for being the birthplace of noted physicists, including a Nobel Prize winner. Wooster was also named one of the Top 10 North American Micro Cities of 2013/2014 by Foreign Direct Investment magazine.
Wooster, OH is a great place for affordable rent-to-own homes! With a median household income of over $52,366 and a median rent of $766, the Wooster, 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 Wooster, 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 Wooster, OH Property Resources
Rent to own Homes in Cities Near Wooster, OH
- Akron
- Atwater
- Aurora
- Barberton
- Bedford Heights
- Bentleyville
- Boston Heights
- Broadview Heights
- Canton
- Clinton
- Cuyahoga Falls
- Doylestown
- East Canton
- Fairlawn
- Glenwillow
- Green
- Greentown
- Hudson
- Independence
- Lakemore
- Limaville
- Louisville
- Mantua
- Maple Heights
- Marlboro
- Marshallville
- Massillon
- Medina
- Middlebranch
- Mogadore
- Munroe Falls
- Navarre
- New Franklin
- North Industry
- Norton
- Orrville
- Portage Lakes
- Reedurban
- Reminderville
- Richville
- Sawyerwood
- Sharon Center
- Solon
- Sterling
- Stow
- Streetsboro
- Suffield
- Sugar Bush Knolls
- Twinsburg Heights
- Uniontown
Neighborhoods in Wooster, OH
No neighborhoods foundPopular Zip Codes in Wooster, OH
No zip codes foundBuying a Home in Wooster, OH
Wooster, OH is seeing rapid growth and Wooster, OH's' housing market remains optimal with an average home price that is -32% below the 2024 national average. Wooster, OH is part of Wayne 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 Wayne is 1.23% which is above the national average, which is 0.99%.
Median Home Price in Wooster, OH
Median Rent in Wooster, OH
Top 7 Reasons to Live in Wooster, OH
Prime selection of local foods and goods! Both the farmers market, which is held on Market Street, and Local Roots Market & Cafe are big draws for residents and those living in the surrounding areas. Local Roots has a rotating selection of locally raised and often organic meats, produce and dairy from local farms and vendors.
Close proximity to Amish country! It's not unusual for visitors and residents alike to encounter a horse and buggy along the roads while heading to favorite local joints like Broken Rocks Cafe or South Market Bistro. For those interested in learning more about the Amish and Mennonite communities surrounding Wooster, the Amish and Mennonite Heritage Center is just a short drive away in Berlin.
Variety of real estate offerings! For those looking to buy, Wooster has a lot to offer. Prospective homebuyers can find everything from townhouses and stand-alone homes to acres of rolling farmlands. Wooster's agricultural focus makes it especially suitable for those wanting to try their hand at starting their own mini farms. Prime locations for buyers looking to invest in acreage include property on Valley Road and Heyl Road.
Easy on the wallet! Even with all the arts and culture, Wooster residents get to enjoy the affordability of the Midwest. The city enjoys a cost of living more than 11 percent lower than the U.S. average. Wooster is also known for its low crime rate and varied educational opportunities. The job market is better than fair for those with a background in medicine or the environmental industries thanks to the Cleveland Clinic's Wooster campus and ABS Materials.
Small business shopping! Downtown Wooster has been the thriving center of the city since 1987 when Main Street Wooster Inc. was incorporated. The non-profit company has focused in on the downtown area to build a suitable climate for the multiple independent business owners and restaurants now present. Residents love treasure hunting at Walnut Street Antiques before indulging in a filet at City Square Steakhouse.
Rising property values! Property values have been on the rise, going from $99,800 in 2000 to $121,401 in 2012, making Wooster appealing as a city where you can buy or find a rent to own home. The streets surrounding the College of Wooster are predominantly apartment rentals, but single-family homes can be found in the New Pittsburg neighborhood.