Rent to own Homes in Chambersburg, PA
Chambersburg, the county seat of Franklin County, Pennsylvania, was the center of much activity during the Civil War. About 20,000 people live in the borough, which covers approximately seven square miles in the south central region of Pennsylvania. The Lincoln Highway, also known as U.S. Highway 30, runs through Chambersburg. Residents have easy access to Interstate 81 and Franklin County Regional Airport is located just north of the borough.
Chambersburg, PA is a great place for affordable rent-to-own homes! With a median household income of over $46,924 and a median rent of $845, the Chambersburg, PA 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 Chambersburg, PA. 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 Chambersburg, PA Property Resources
Rent to own Homes in Cities Near Chambersburg, PA
- Antietam
- Beaver Creek
- Big Cove Tannery
- Big Pool
- Bolivar
- Boonsboro
- Braddock Heights
- Brownsville
- Brunswick
- Carroll Valley
- Cavetown
- Charlton
- Chewsville
- Ernstville
- Fairplay
- Fairview
- Frederick
- Garretts Mill
- Guilford
- Hagerstown
- Halfway
- Harpers Ferry
- Hedgesville
- Indian Springs
- Kearneysville
- Kemps Mill
- Mapleville
- Martinsburg
- Maugansville
- Mc Connellsburg
- Middleburg
- Mont Alto
- Mount Lena
- Pinesburg
- Pleasant Hall
- Pondsville
- Reid
- Robinwood
- Rocky Ridge
- Rosemont
- Sabillasville
- Saint Thomas
- Sandy Hook
- San Mar
- Sharpsburg
- Shenandoah Junction
- St. James
- Tilghmanton
- Trego-Rohrersville Station
- Wilson-Conococheague
Neighborhoods in Chambersburg, PA
Downtown Chambersburg rent to own homes Chambersburg Historic District rent to own homesPopular Zip Codes in Chambersburg, PA
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Chambersburg, PA is seeing rapid growth and Chambersburg, PA's' housing market remains optimal with an average home price that is -28% below the 2024 national average. Chambersburg, PA is part of Franklin 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 Franklin is 0.99% which is equal to the national average, which is 0.99%.
Median Home Price in Chambersburg, PA
Median Rent in Chambersburg, PA
Top 4 Reasons to Live in Chambersburg, Pennsylvania
The Capitol Theatre! Located on South Main Street, just down the road from Mr. J's Barber Shop, the borough's independent theatre has been in operation since 1927. Used as a performance space, a movie theatre and an arts center, the Capitol hosts many national touring performances, live music concerts and community-based events every year. The theatre is home to the Chambersburg Ballet Theatre School, which offers instruction in classical ballet and other disciplines. The 852-seat auditorium is superbly decorated and is now accessible by wheelchair. A ramp provides an access point from the street.
Affordable housing! Housing in Chambersburg is more affordable than the median in Pennsylvania. Plenty of borough neighborhoods have homes for sale under the $150,000 mark, including Mill Road in the south and Village Parkway in the north. About two-fifths of the housing stock, including rent to own houses, falls into this category. Despite the affordable home prices, median house price growth has outperformed the statewide average since 2000, making the borough attractive to people who want to buy investment properties.
The availability of rental homes! Despite the strong housing market, there are many rental opportunities for people who prefer to rent a home. In fact, the renter-occupied residences outnumber the owner-occupied ones slightly in Chambersburg. Many rented dwellings are located in the center of the borough on East Washington or South Franklin Streets.
The great restaurant options! You won't go hungry in Chambersburg. The borough offers a variety of restaurants sure to satisfy even the pickiest diner. A fair number of fast food outlets, such as Taco Bell, Wendy's and Domino's Pizza, are clustered around Lincoln Highway. However, there are other choices, too, including Mary's Soul Food Eatery, on East Catherine Street and Johnnie's Family Restaurant, located on South Main Street. Korean Bulgogi House, on West Loudon Street, serves up some very well-received Asian cuisine and is worth a visit.