Rent to own Homes in Canby, OR
This historic river town on the Willamette and Molalla waterways is an extended Portland suburb with a rural feel amid a beautiful natural setting. Surrounded mostly by farmland, there's a bounty of local produce in season. Many of the homes and commercial buildings from the original 24-block town still exist and the Canby Depot Museum provides a look back to when the railroad dominated transportation. Today, the town is home to around 16,000 people.
Canby, OR is a great place for affordable rent-to-own homes! With a median household income of over $74,825 and a median rent of $1,169, the Canby, OR 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 Canby, OR. 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 Canby, OR Property Resources
Rent to own Homes in Cities Near Canby, OR
- Bethany
- Boring
- Cedar Hills
- Cedar Mill
- Clackamas
- Colton
- Cornelius
- Donald
- Dundee
- Dunthorpe
- Durham
- Eagle Creek
- Garden Home-Whitford
- Gervais
- Gladstone
- Gresham
- Happy Valley
- Hazel Dell
- Hillsboro
- Hubbard
- Jennings Lodge
- Johnson City
- King City
- Lake Oswego
- Maywood Park
- Metzger
- Milwaukie
- Minnehaha
- Molalla
- Mount Angel
- Mulino
- Newberg
- Oak Grove
- Oak Hills
- Oatfield
- Oregon City
- Portland
- Raleigh Hills
- Rivergrove
- Rockcreek
- Sherwood
- Silverton
- Stafford
- St. Paul
- Tigard
- Tualatin
- West Linn
- West Slope
- Wilsonville
- Woodburn
Neighborhoods in Canby, OR
Southeast Canby rent to own homesPopular Zip Codes in Canby, OR
No zip codes foundBuying a Home in Canby, OR
Canby, OR is seeing rapid growth and Canby, OR's' housing market remains not optimal with an average home price that is 64% above the 2024 national average. Canby, OR is part of Clackamas 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 Clackamas is 0.85% which is below the national average, which is 0.99%.
Median Home Price in Canby, OR
Median Rent in Canby, OR
6 Reasons to Love Living in Canby, Oregon
Homes here are a stable investment! The median sales price for late 2014 of $249,000 was up just 0.2% from the year before. That indicates a balanced field with a slight buyer's edge. Sellers are likely to consider rent to own offers in that kind of market. The downtown area has older historic buildings and there are new developments in the northeast part of town near 19th Ave. City Park.
Dahlia's and more! If you adore fields full of incredibly beautiful flowers, Swan Island Dahlias is the place to be. Walk through the fields with a pad and pencil and record what you like for ordering or just enjoy the stroll. There are also quite a few berry and fruit farms by town offering fresh produce in season.
Country living that's still close to the city! Choose homes in the northwest part of town and be right next to the very scenic Molalla River State Park. It's easy to get in I-5 and head north to Portland, or go straight up Highway 99 to Oregon City and then come home to a semi-rural setting.
Fun fairs and festivals! Canby is home to the Clackamas County Fair each summer. Other fun events include the Canby Wine, Food & Brew Fest, the Dahlia Festival, and the summer music celebration known as Music on the Pond. The latter brings good music in a beautiful naturally-set amphitheater, among the vineyards.
Variety of housing options! This is a community with a broad range of home choices. From big apartment complexes near SW 13th Ave. to established single-family homes north of the fairgrounds and manufactured home parks, this small town has choices.
Great eating in town! The Wild Hare Saloon on SW 1st Ave. is a local favorite and a destination spot for fun for out-of-town folks. Pappy's Greasy Spoon on NW 2nd Ave. is loved for fantastic breakfasts while Backstop Bar & Grill in the historic ODD Fellows Building downtown is a great place to see the game and have fun with friends.