Rent to own Homes in Tualatin, OR
Located in the stunning Pacific Northwest, Tualatin is a relatively small town, spanning around eight square miles and with a population of approximately 26,000 at the 2010 census. This area of the country is known for its rain, and Tualatin is no exception: the town gets 152 days of rain each year, compared to the national average of 100. The town has an excellent community spirit, and there are a number of events that take place throughout the year, such as the West Coast Giant Pumpkin Regatta.
Tualatin, OR is a great place for affordable rent-to-own homes! With a median household income of over $92,454 and a median rent of $1,408, the Tualatin, 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 Tualatin, 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 Tualatin, OR Property Resources
Rent to own Homes in Cities Near Tualatin, OR
- Boring
- Cedar Hills
- Cedar Mill
- Clackamas
- Colton
- Donald
- Dundee
- Dunthorpe
- Durham
- Eagle Creek
- Fairview
- Felida
- Garden Home-Whitford
- Gladstone
- Gresham
- Happy Valley
- Hazel Dell
- Hillsboro
- Hubbard
- Jennings Lodge
- Johnson City
- King City
- Lake Oswego
- Maywood Park
- Metzger
- Milwaukie
- Molalla
- Mount Angel
- Mulino
- Newberg
- Oak Grove
- Oak Hills
- Oatfield
- Oregon City
- Portland
- Raleigh Hills
- Ridgefield
- Rivergrove
- Rockcreek
- Scappoose
- Sherwood
- Stafford
- St. Paul
- Tigard
- Troutdale
- Tualatin
- West Linn
- West Slope
- Wilsonville
- Woodburn
Neighborhoods in Tualatin, OR
Tualatin rent to own homesPopular Zip Codes in Tualatin, OR
97062 rent to own homesBuying a Home in Tualatin, OR
Tualatin, OR is seeing rapid growth and Tualatin, OR's' housing market remains not optimal with an average home price that is 104% above the 2024 national average. Tualatin, OR is part of Washington 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 Washington is 0.93% which is below the national average, which is 0.99%.
Median Home Price in Tualatin, OR
Median Rent in Tualatin, OR
Top 6 Reasons to Live in Tualatin, Oregon
Excellent shopping! There are enough excellent shopping facilities in Tualatin to keep even the most ardent shopaholics happy. Bridgeport Village is the main place to go for great shopping. This outdoor shopping mall is home to many popular chain stores, including American Apparel and Urban Outfitters. There's also an 18-screen movie theater and a number of restaurants and other eateries. You might also want to check out the stores at the Nyberg Woods complex, which offers local stores, and regional and national chains, such as Old Navy and Petsmart.
Large amounts of rental properties! Approximately 43 percent of all houses in Tualatin are rentals, which means it's an excellent place to find homes for rent. The Norwood and Nootka neighborhoods are especially popular with renters.
Beautiful Parks! The stunning city parks in Tualatin are the ideal place for anyone who loves the great outdoors. The 28-acre Browns Ferry Park is a natural park that offers opportunities for walking and wildlife watching, while Community Park is a more active park with award-winning skate facilities and amenities that include tennis courts, sports fields and a dog park.
Great places to eat! You can find an abundance of good food in Tualatin, no matter what your tastes. Upmarket establishments such as Hayden's Lakefront Grill are perfect if you want a fancy lunch or dinner out, but if you prefer a more relaxed dining experience, head to local favorites like Native Foods, Nacho Mama's, Village Inn or Famous Dave's.
Property prices are rising! The cost of homes for sale in Tualatin has been on the rise for several years now and prices are likely to continue to increase. This makes it a great time to look into rent to own homes, as you're likely to get a good return on your investment. The King City area offers some of the most affordable houses. Prices are higher in the SW Stafford area, towards the Willamette River.