Rent to own Homes in The Dalles, OR
The Dalles is known as the trail's end. The historic trail of the pioneers, the great Oregon Trail from Missouri, ended here. Travelers walked and rode on horseback 2,200 miles until they hit the wall known as the Cascade Mountains. The Dalles grew up and became a settlement for those who decided not to tackle the mountains on foot or float their lives down the Columbia River, which forms the north border of town. There's still plenty of pioneering spirit in The Dalles today.
The Dalles, OR is a great place for affordable rent-to-own homes! With a median household income of over $53,457 and a median rent of $822, the The Dalles, 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 The Dalles, 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.
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The Dalles, OR is seeing rapid growth and The Dalles, OR's' housing market remains optimal with an average home price that is -1% below the 2024 national average. The Dalles, OR is part of Wasco 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 Wasco is 1% which is above the national average, which is 0.99%.
Median Home Price in The Dalles, OR
Median Rent in The Dalles, OR
Top 4 Reasons to Live in The Dalles, OR
Enjoy the Great Outdoors! People come from all over the world to visit the Columbia River Gorge, and The Dalles is home to the informative and educational visitor's center. Here you can learn how this magnificent natural wonder was formed. Also in The Dalles is Horsethief State Park, where windsurfers fly up the gorge and visitors can enjoy marvelous views. If you're adventurous, you can take a few lessons at one of the world renowned windsurfing schools. In addition, you can fish, swim, or have a picnic at Horsethief Lake.
Downtown Trails and Refreshments! The famous Oregon Trail of pioneer days ended in The Dalles, but today the new Riverside Trail will keep you moving. Perfect for cycling, running, or walking, the nine mile waterfront trail runs through the heart of downtown. It also runs along the river, keeps residents active and enjoying the year-round sunny weather. Reward yourself after some physical activity with an eco-conscious burger at Burgerville or a craft brew at the Baldwin Saloon.
Awesome Neighborhoods! Of course the City Center has plenty to offer those who may want to find rent to own homes in the heart of all the action. Tree-lined streets and architecturally unique homes are found all around the City Center, and you won't find any cookie-cutter neighborhoods here. If you prefer to have a little more space between you and your neighbors, the area in the southern part of The Dalles known as Cherry Heights offers more land per home, maybe even a small farm with fruit trees.
Get in While the Getting is Good! Though home values took a hit during the recession, the average price for a home in The Dalles was 7.9 percent higher than the previous year. It might be time to take a look at some of those rent to own houses on the market and strike a sweet deal. The Downtown area and housing around the Columbia Gorge Community College neighborhoods look to have stabilized and are ready for some serious growth.