Rent to own Homes in Greensburg, PA
Located in Westmoreland County, Greensburg is a city of 4.2 square miles and is a suburb of Pittsburgh. It boasts a population of 14,892 and has many lovely neighborhoods. The city was incorporated in 1799 and got its name from General Nathanael Greene, who served in the American Revolution. Today this town balances the historic and the contemporary in a blend that many are happy to call home.
Greensburg, PA is a great place for affordable rent-to-own homes! With a median household income of over $45,065 and a median rent of $681, the Greensburg, 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 Greensburg, 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.
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Rent to own Homes in Cities Near Greensburg, PA
- Adamsburg
- Arnold
- Arona
- Avonmore
- Ben Avon
- Ben Avon Heights
- Boston
- Brackenridge
- Braddock
- Braddock Hills
- Cabot
- Callery
- Cheswick
- Churchill
- Clairton
- Collinsburg
- Delmont
- Dravosburg
- Elizabeth
- Ford Cliff
- Grapeville
- Greenock
- Greensburg
- Green Tree
- Harrison City
- Herminie
- Irwin
- Jeannette
- Jefferson Hills
- Kiskimere
- Liberty
- Lincoln
- Madison
- Manor
- McKeesport
- Mc Kees Rocks
- Monroeville
- New Stanton
- Pitcairn
- Ruffs Dale
- South Park
- South Park Township
- Tarentum
- Vandergrift
- Versailles
- West Elizabeth
- West Kittanning
- Westmoreland City
- West Newton
- Yukon
Neighborhoods in Greensburg, PA
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Greensburg, PA is seeing rapid growth and Greensburg, PA's' housing market remains optimal with an average home price that is -36% below the 2024 national average. Greensburg, PA is part of Westmoreland 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 Westmoreland is 1.49% which is above the national average, which is 0.99%.
Median Home Price in Greensburg, PA
Median Rent in Greensburg, PA
Top 6 Reasons to Live in Greensburg, Pennsylvania
Plenty of real estate! The median price of homes for sale in Greensburg is $165,000. That is significantly lower than the area's median list price, which is $208,000. Greensburg homes cost an average of $125 per square foot, while median home values are about $105,000. Luxor and Lincoln Heights are two communities that are in high demand in this city.
Arts and cultural opportunities! Greensburg has museums, theaters, and art galleries within easy walking or driving distance of any of its neighborhoods. The Westmoreland Museum of American Art and the Palace Theatre are two places to go for entertainment in this community.
Rentals and rent to own homes! No matter which Greensburg neighborhood you choose, you'll find many rental options to consider. The median rent in this city is $631, which is almost 30 percent lower than rents in the rest of the state. It's also over $200 less than average rents for the country. Prices vary, however, from area to area. For example, rents average about $730 in Slickville but only $617 in the Mount Pleasant Street neighborhood.
Many ways to have fun! When you're ready to get out of the house and stretch your legs, you'll find plenty to do at places like the Kirk S. Nevin Ice Arena, St. Clair Park and Twin Lakes Park. There's also the Carmike 15 for when you want to catch the latest Hollywood hits.
A wide selection of restaurants! Greensburg is known for its 50s-style restaurants, such as Jioio's Family Restaurant and Highway 55 Burgers & Shakes, though it has a selection of more modern eateries as well. Among other community favorites are the Texas Roadhouse, Bob Evans, Red Lobster, and Ground Round Restaurant.
Many place to shop! There are many shopping options convenient from any Greensburg neighborhood, including the Westmoreland Mall, the Eastgate Shopping Center, and the Greengate Center. For grocery shopping, residents head to Giant Eagle, Save-A-Lot, and Four Corners Market.