Rent to own Homes in Hayesville, OR
Hayesville, Oregon is a small city located in Marion County. Many people mistake Hayesville for Salem proper because it's right by the larger, more famous city. In reality, Hayesville is outside of Salem and has a character all its own. About 18,250 people live in Hayesville and take advantage of quiet suburban living with access to the big city amenities of Salem.
Hayesville, OR is a great place for affordable rent-to-own homes! With a median household income of over $57,673 and a median rent of $1,064, the Hayesville, 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 Hayesville, 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 Hayesville, OR Property Resources
Rent to own Homes in Cities Near Hayesville, OR
Neighborhoods in Hayesville, OR
Hayesville rent to own homesPopular Zip Codes in Hayesville, OR
No zip codes foundBuying a Home in Hayesville, OR
Hayesville, OR is seeing rapid growth and Hayesville, OR's' housing market remains optimal with an average home price that is -0% below the 2024 national average. Hayesville, OR is part of Marion 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 Marion is 1% which is above the national average, which is 0.99%.
Median Home Price in Hayesville, OR
Median Rent in Hayesville, OR
Top 4 Reasons to Live in Hayesville, OR
Renters paradise! People who want to rent will find a great selection of options in Hayesville. The average rental price for an apartment is $1,147 per month, and there are plenty of apartments as small as studios and as large as four bedrooms. Renters in Hayesville have great access to parks to get some fresh air. Some of the nicest parks in Hayesville include Hayesville Neighborhood Park and Denny Park, an outdoor area that has a huge playground and areas for picnics. Rent to own homes are also available for residents who want the flexibility of renting with the possibility of buying a house.
Horse lovers haven! People who like to ride horses will find a good selection of places that will let you rent and ride horses. One of the best places in Hayesville is Oregon Horseback Riding and Rentals. Other popular choices include Double L Stables, Lazy Aces Stables or Ridgetop Ranch. Near Hayesville is Whitewind Farm Horse Training, a unique farm where horses can learn tricks and people can become more skilled at riding them.
Desirable destination! People like living in Hayesville, so the vacancy rate is a low 6.9%. This is a positive because it means that people who call it their hometown are happy in the city. However, it can make it more challenging to find the right place to call home. If you need to come to town to look for housing and don't have a place to stay, consider renting at a local hotel. The area has great options like Crossland Economy Studios or the Red Lion Hotel Salem.
Great shopping! People who like to fill their closet with great threads will have no trouble finding boutiques and clothing shops in this Salem suburb. Some of the most popular stores in Hayesville include cowboy outfitter Double H Western Wear, menswear store Top to Bottom, consignment shop duJOUR or giant department store Macy's.