Rent to own Homes in Milwaukie, OR
This community once rivaled Portland as a leading emerging city before the deeper ports to the north won out, and Milwaukie eventually became a suburb. Home to around 21,000 people, it's close to everything Portland has to offer, while remaining true to its roots as a small town. Early orchard pioneers are credited with creating the tasty Bing Cherry we all love today. It's a river town with a long history that is waiting for your discovery.
Milwaukie, OR is a great place for affordable rent-to-own homes! With a median household income of over $70,037 and a median rent of $1,223, the Milwaukie, 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 Milwaukie, 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 Milwaukie, OR Property Resources
Rent to own Homes in Cities Near Milwaukie, OR
- Bethany
- Boring
- Cedar Hills
- Cedar Mill
- Clackamas
- Colton
- Donald
- Dunthorpe
- Durham
- Eagle Creek
- Estacada
- Fairview
- Felida
- Garden Home-Whitford
- Gladstone
- Gresham
- Happy Valley
- Hazel Dell
- Hillsboro
- Jennings Lodge
- Johnson City
- King City
- Lake Oswego
- Marlene Village
- Maywood Park
- Metzger
- Milwaukie
- Molalla
- Mulino
- Oak Grove
- Oak Hills
- Oatfield
- Oregon City
- Orient
- Portland
- Raleigh Hills
- Ridgefield
- Rivergrove
- Rockcreek
- Sandy
- Scappoose
- Sherwood
- Stafford
- Troutdale
- Tualatin
- West Haven-Sylvan
- West Linn
- West Slope
- Wilsonville
- Wood Village
Neighborhoods in Milwaukie, OR
Hector Campbell rent to own homes Ardenwald rent to own homes Lewelling rent to own homes Mcloughlin Industrial rent to own homes Linwood rent to own homes Milwaukie Business-Industrial Park rent to own homes Lake Road rent to own homes Island Station rent to own homes Historic Milwaukie rent to own homesPopular Zip Codes in Milwaukie, OR
97222 rent to own homesBuying a Home in Milwaukie, OR
Milwaukie, OR is seeing rapid growth and Milwaukie, OR's' housing market remains not optimal with an average home price that is 64% above the 2024 national average. Milwaukie, 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 Milwaukie, OR
Median Rent in Milwaukie, OR
4 Reasons to Love Living in Milwaukie, OR
Quality homes and sound real estate market! The late 2014 average listing price for a home in Milwaukie stood at $279,679, which was up 1.7% from the year before. The homes run the gamut from new construction to historic, and styles range from rustic to ranch and neo-colonial. It's a good town to search for rent to own houses. Community green space like Milwaukie Waterfront City Park and Three Creeks Natural Area add to the draw.
Great entertainment choices! Begin the day with a great breakfast from Grandma's Corner on SE McLoughlin Blvd. before exploring the Milwaukee Museum or taking a stroll along the river. When evening comes, start your night out on the town with Island fare at Ohana Hawaiian Cafe on SE Main. Play a game and catch a movie at Milwaukie Cinema and Wunderland on SE Main, or sample a good brew at Breakside Brewery on SE International Way. Bob's Red Mill on SE Pheasant Ct. is a local favorite for baked goods and delectable dinners.
Artistic creativity! One of the premier comic publishing companies around, Dark Horse Comics, is here. Putting out works with titles like Star Wars, Hellboy, Buffy the Vampire Slayer, 300 and many more, it's the number one independent comic publisher in the world. Island Station Media Lab is a Milwaukie film lab that works with everyone from major studios to one-person independent filmmakers.
Balancing affordable housing with high livability! With a median sales price that was almost flat near $24,000 for all of 2014, homes here won't break the bank. The value comes with the high livability of the community. A new light rail line will open in 2015, and there are major transportation arteries to connect to the greater Portland metro area. Facilities like North Clackamas Aquatic Park on SE Harmony Road and the Portland Aquarium on SE McLoughlin add recreational options to the city. The Milwaukie Farmers Market is regarded as one of the best in the region.