Rent to own Homes in Johnstown, PA
Johnstown, PA, located 70 miles east of Pittsburgh, offers a small town experience with all the conveniences of a big city. The city was founded in 1800 by Joseph Johns, but is best known for the devastating 1889 flood that killed more than 2,000 people. Johnstown's location in the Allegheny Mountains offers residents plenty of opportunities to enjoy the outdoors. Approximately 20,000 people live in the city and work for a variety of employers, including Lockheed Martin and Concurrent Technologies Corporation and DRS Laurel Technologies.
Johnstown, PA is a great place for affordable rent-to-own homes! With a median household income of over $29,171 and a median rent of $538, the Johnstown, 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 Johnstown, 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 Johnstown, PA Property Resources
Rent to own Homes in Cities Near Johnstown, PA
- Acme
- Armagh
- Belmont
- Benson
- Berlin
- Black Lick
- Blairsville
- Boswell
- Cairnbrook
- Callimont
- Casselman
- Central City
- Daisytown
- Dale
- Davidsville
- Derry
- Donegal
- Edie
- Elim
- Ferndale
- Fort Hill
- Garrett
- Geistown
- Graceton
- Hollsopple
- Hostetter
- Indian Head
- Indian Lake
- Jennerstown
- Jerome
- Jones Mills
- Kantner
- Laughlintown
- Laurel Mountain
- Lawson Heights
- Lorain
- Loyalhanna
- Melcroft
- Meyersdale
- Mill Run
- Millwood
- Mundys Corner
- New Derry
- Normalville
- Parkhill
- Seanor
- Sidman
- Westmont
- White
- Windber
Neighborhoods in Johnstown, PA
Rosedale rent to own homesBuying a Home in Johnstown, PA
Johnstown, PA is seeing rapid growth and Johnstown, PA's' housing market remains optimal with an average home price that is -83% below the 2024 national average. Johnstown, PA is part of Cambria 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 Cambria is 1.34% which is above the national average, which is 0.99%.
Median Home Price in Johnstown, PA
Median Rent in Johnstown, PA
Top 6 Reasons to Live in Johnstown, PA
Reasonable home prices! The median home price in Johnstown is $107,500, significantly lower than the statewide average of $151,900. Lower prices make purchasing a property or considering a rent to own house attractive options. Moxham offers a variety of stately old Queen Anne, Tudor and Gothic Revival homes. New residents who want a quick commute to downtown Johnstown should consider the Hornerstown neighborhood.
History! The Johnstown Flood Museum features a variety of exhibits related to the flood, including photographs of the area before and after the flood. The museum also displays a variety of artifacts rescued from the flood waters. After your visit to the museum, take a trip on the Inclined Plane. Touted as the world's steepest inclined plane, the funicular was built after the 1889 flood to provide residents with quick access to higher ground.
Variety of rental homes! The area offers a large selection of rental apartments, duplexes and single family homes. At $554, rental prices are almost 50 percent lower than the national average. Check out Cambria City, Woodvale, Downtown Johnstown or Roxbury if you're looking for a rental.
Interesting events and performances! Residents enjoy attending a variety of events during the year including the Fourth of July celebration at Point Stadium downtown and Thunder in the Valley, an annual motorcycle rally. Music lovers won't want to miss a visit to the Johnstown Symphony Orchestra.
Plenty of restaurants! Food options in Johnstown range from national chains to mom-and-pop diners to upscale restaurants. Locals who live or work downtown enjoy the hot dogs at Coney Island, a Johnstown landmark since 1916. Try the shrimp scampi at the Back Door Cafe or the sweet and sour chicken at the Szechuan Chinese Restaurant.
Spectator sports! The city is home to the Johnstown Tomahawks, a Tier II ice hockey team that's part of the North American Hockey League's North Division. During the summer, residents enjoy watching the National AAABA Baseball Tournament and the Sunnehanna Amateur Tournament of Champions, an amateur golf tournament.