Rent to own Homes in Woodburn, OR
Woodburn, Oregon is a city built on a land dispute between a settler and a railroad baron, a case that went to the U.S. Supreme Court. The town is named after a logger's slash burn that got out of control. These days, it's home to about 25,000 people and is a town on the edge of the Portland metro area. Still, Woodburn is able to hold on to its roots. Close to forests and lakes, it's a haven for outdoor lovers.
Woodburn, OR is a great place for affordable rent-to-own homes! With a median household income of over $52,251 and a median rent of $1,066, the Woodburn, 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 Woodburn, 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 Woodburn, OR Property Resources
Rent to own Homes in Cities Near Woodburn, 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 Woodburn, OR
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No zip codes foundBuying a Home in Woodburn, OR
Woodburn, OR is seeing rapid growth and Woodburn, OR's' housing market remains not optimal with an average home price that is 6% above the 2024 national average. Woodburn, 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 Woodburn, OR
Median Rent in Woodburn, OR
Top 6 Reasons to Love Living in Woodburn, Oregon
Tulip Festival! The Wooden Shoe Tulip Farm holds a festival every spring that draws thousands to admire over 40 acres of gorgeous color. The farm holds other events, like a pumpkin festival, but it's the tulips that are the big draw. Select berries and fruits from places near town like Oregon Trail Farms and other orchards nearby.
Variety of homes with great location! The city is about 30 minutes north of Salem and 45 minutes south of Portland, so it's a fairly convenient commute to either city. A lot of new construction has been built up around the downtown core, providing more rental home choices for prospective residents. The area north of Woodburn High School offers a golf course, while the Senecal Creek neighborhood is a good place to find rent to own houses with easy access to the freeway.
Check out the drag races! Woodburn Dragstrip offers a variety of drag events with nationally-ranked drivers throughout the season. If the races aren't running, go for a swim at the Aquatic Center near Settlemier Park.
Rising home values! The median list price for homes in late 2014 stood at $207,900, up a whopping 30 percent from the year before. The number of listings has only grown by 3 percent, so now is a great time to get in on the market through rent to own opportunities. East of 99E along Molalla Road is a good place to look for homes on lots with space. The area immediately west of downtown is called West Woodburn and features mid-range housing on established lots.
Fantastic shopping deals! Woodburn Premium Outlets has over 350,000 square feet of value outlet mall shopping with some of the best known stores and brands represented. For something different, stop by the Rose Arbor Farm and visit the gift shop for some alpaca themed gifts and collectibles.
Ballet and Mexican food downtown! Willamette Ballet is an established ballet school and performance center that is across the street from the library. Nearby, several eateries, like Luis's Taqueria or Casa Marquez Mexican Grill, offer great Mexican fare.