Rent to own Homes in Hanover, PA
Located just five miles north of the Mason-Dixon Line, Hanover was incorporated in 1815 and named after the German city Hannover. With a population of over 15,000, Hanover has grown to include the internationally recognized brand Snyder's of Hanover, one of the largest bakers of pretzels, as well as the UTZ Potato Chip factory, which was founded in 1921. Also notable is that a scene of the 1999 film Girl, Interrupted was filmed in the town's Sheppard Mansion.
Hanover, PA is a great place for affordable rent-to-own homes! With a median household income of over $52,094 and a median rent of $894, the Hanover, 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 Hanover, 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 Hanover, PA
- Airville
- Brogue
- Campbelltown
- Colonial Park
- Dallastown
- East Berlin
- East Prospect
- East York
- Emigsville
- Enhaut
- Etters
- Falmouth
- Fawn Grove
- Franklintown
- Glen Rock
- Glenville
- Grantley
- Hanover
- Hershey
- Highspire
- Holtwood
- Hummelstown
- Jacobus
- Lawnton
- Lewisberry
- Lower Allen
- Manchester
- Manchester
- Marietta
- McSherrystown
- Messiah College
- Middletown
- Monkton
- Mount Gretna
- Mount Joy
- Mountville
- New Freedom
- New Oxford
- Oberlin
- Palmdale
- Palmyra
- Parkton
- Parkville
- Paxtang
- Penbrook
- Pequea
- Queens Gate
- Railroad
- Street
- Thomasville
Neighborhoods in Hanover, PA
Hanover Historic District rent to own homesPopular Zip Codes in Hanover, PA
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Hanover, PA is seeing rapid growth and Hanover, PA's' housing market remains optimal with an average home price that is -28% below the 2024 national average. Hanover, PA is part of York 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 York is 1.52% which is above the national average, which is 0.99%.
Median Home Price in Hanover, PA
Median Rent in Hanover, PA
Top 6 Reasons to Live in Hanover, PA
Fine dining and restaurants! Hanover is a great place for enjoying fine dining. La Cucina Italian Restaurant serves authentic Italian meals of pasta, chicken, and seafood in an elegant setting. The Staubs Landing Restaurant and Pub features American fare in a casual atmosphere.
Many shopping opportunities! There are numerous places to shop in Hanover. A stretch of stores along Eisenhower Drive, known as The Golden Mile, includes many retail locations, including Bon-Ton, which features the latest fashions and accessories and Wolf Furniture, which carries the latest styles in furnishings.
Rising real estate values! Hanover Real estate values have risen over 14% in 2014. This makes purchasing property a great choice. Affordable single-family homes are available all over Hanover, from spacious 4-bedrooms on Fawn Hill Road to cozy 2-bedrooms on Breezewood Drive.
Explore the great outdoors! Codorus State Park is a 3,490 acre park surrounding Lake Marburg and features kayaking, boating, and camping. For those looking for a more adventurous outdoor experience, Raccoon Creek State Park Trail offers three hiking trails in a beautiful scenic setting. Nature is never far away in Hanover, which has many great places to hike, boat, or just relax on the weekends.
New modern and charming older houses! When it comes to purchasing a home in Hanover, there are options for both older charming properties and new modern styles. There are also purchase options available, including rent to own. Living in Hanover means access to the arts. Hanover Area Arts Guild and Gallery showcases the finest paintings and sculptures in a history building. The Eichelberger Performing Arts Center showcases many live performances and music.
Explore local wineries! Relax at local wineries, including Highrock Winery featuring wine harvested from grapes grown on local family farms. Nearby Marburg Estate Winery serves wine gathered from 13 different varieties of grapes and offers tastings for guests.