Rent to own Homes in New Castle, PA

Home to a little over 23,100 residents, not far from the border of Pennsylvania and Ohio, New Castle, Pennsylvania is an explosive town, literally! Sometimes referred to as the "Fireworks Capital of America," it is home to Pyrotecnico and Zambelli fireworks, two companies who have supplied fireworks for presidential celebrations, Super Bowls, and more. They also supply fireworks for the yearly Fireworks Festival that brings the community out to light up the night sky.

New Castle, PA is a great place for affordable rent-to-own homes! With a median household income of over $35,117 and a median rent of $661, the New Castle, 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 New Castle, 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.

Check out New Castle, PA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
762 TIELINE RD
Rent To Own
 
Single Family Home
Grove City, PA 16127
3
3
0 ft2
1992
426 Garfield Ave
Rent To Own
 
Single Family Home
Mc Donald, OH 44437
2
2
822 ft2
1920
1 of 7 712 CARVER DR
Rent To Own
 
Townhouse/Condo
Wexford, PA 15090
4
4
2480 ft2
2015
Hot New
815 DRESDEN AVE
Rent To Own
 
Single Family Home
East Liverpool, OH 43920
2
1
1640 ft2
1930
314 W PEARL ST
Rent To Own
 
Townhouse/Condo
Butler, PA 16001
3
2
2200 ft2
1890
1502 DAVIS AVE
Rent To Own
Brighton Heights
Townhouse/Condo
Pittsburgh, PA 15212
2
1
1500 ft2
1911
Hot New
670 RILEY AVE
Rent To Own
 
Single Family Home
East Liverpool, OH 43920
2
1
748 ft2
1920
1005 DELAWARE AVE
Rent to Own Eligible
North Hill Historic District
Single Family Home
New Castle, PA 16105
4
1
1914 ft2
1925
219 W MEYER AVE
Rent to Own Eligible
New Castle Northwest
Single Family Home
New Castle, PA 16105
3
3
1370 ft2
1948
Hot
321 E EDISON AVE
Rent to Own Eligible
North Hill Historic District
Single Family Home
New Castle, PA 16101
3
3
2448 ft2
1907
1617 STANTON AVE
Rent to Own Eligible
Gaston Park
Single Family Home
New Castle, PA 16101
3
1
1282 ft2
1973
941 RYAN AVE
Rent to Own Eligible
Gaston Park
Single Family Home
New Castle, PA 16101
2
1
1054 ft2
1940
323 E LINCOLN AVE
Rent to Own Eligible
North Hill Historic District
Single Family Home
New Castle, PA 16101
3
3
2460 ft2
1930
137 E MEYER AVE
Rent to Own Eligible
 
Single Family Home
New Castle, PA 16105
3
2
1222 ft2
1950
1 of 15 1518 HERRICK ST
Rent to Own Eligible
Oakwood
Single Family Home
New Castle, PA 16101
3
1
988 ft2
1952
210 E HILLCREST AVE
Rent to Own Eligible
North Hill Historic District
Single Family Home
New Castle, PA 16105
3
1
1280 ft2
1925
4 LOWER IDLEWILD DR
Rent to Own Eligible
Oakwood
Single Family Home
New Castle, PA 16101
3
1
1309 ft2
1953
1617 W WASHINGTON ST
Rent to Own Eligible
Oakland
Single Family Home
New Castle, PA 16101
2
1
768 ft2
1954
707 E FAIRMONT AVE
Rent to Own Eligible
 
Single Family Home
New Castle, PA 16105
3
1
1368 ft2
1979
Hot
240 WINDSOR RDG
Rent to Own Eligible
Neshannock
Townhouse/Condo
New Castle, PA 16105
2
2
1160 ft2
1980
New
194 OLD COLONY DR
Rent to Own Eligible
Neshannock
Single Family Home
New Castle, PA 16105
3
2
2196 ft2
1820
279 CRIMSON CIR
Rent to Own Eligible
Neshannock
Townhouse/Condo
New Castle, PA 16105
3
2
1664 ft2
2006
2923 OLD PLANK RD
Rent to Own Eligible
Neshannock
Single Family Home
New Castle, PA 16105
3
3
1412 ft2
1969
1 of 6 2810 ELLWOOD RD
Rent to Own Eligible
Shenango
Single Family Home
New Castle, PA 16101
2
1
1408 ft2
1952
2972 W STATE ST
Rent to Own Eligible
 
Single Family Home
New Castle, PA 16101
3
1
1388 ft2
1955
202 MOONEY DR
Rent to Own Eligible
Neshannock
Single Family Home
New Castle, PA 16105
4
3
2776 ft2
1969
67 SHENANGO RD
Rent to Own Eligible
Neshannock
Single Family Home
New Castle, PA 16105
2
1
968 ft2
1956
3218 ELM DR
Rent to Own Eligible
Neshannock
Single Family Home
New Castle, PA 16105
3
3
1260 ft2
1976
New
435 TEBAY LN
Rent to Own Eligible
Neshannock
Single Family Home
New Castle, PA 16105
2
2
1870 ft2
1976
202 CANTERBERRY DR
Rent to Own Eligible
Neshannock
Single Family Home
New Castle, PA 16105
3
3
2438 ft2
1999
Hot New
852 MELODY LN
Rent to Own Eligible
Shenango
Single Family Home
New Castle, PA 16101
3
1
1223 ft2
1953
3956 HOLLOW RD
Rent to Own Eligible
Shenango
Single Family Home
New Castle, PA 16101
3
1
968 ft2
1935
4249 HOLLOW RD
Rent to Own Eligible
Shenango
Single Family Home
New Castle, PA 16101
2
1
1621 ft2
1902
4418 ELLWOOD RD
Rent to Own Eligible
 
Single Family Home
New Castle, PA 16101
3
2
1257 ft2
1980
601 PERSHING ST
Rent to Own Eligible
 
Single Family Home
Ellwood City, PA 16117
4
3
5304 ft2
1967
1855 W LAWRENCE AVE
Rent to Own Eligible
 
Single Family Home
Ellwood City, PA 16117
3
1
1474 ft2
1920
328 KNOX AVE
Rent to Own Eligible
 
Single Family Home
Ellwood City, PA 16117
4
2
1744 ft2
1959
Hot
2332 2ND AVE
Rent to Own Eligible
 
Single Family Home
Koppel, PA 16136
2
2
988 ft2
1965
3522 EVERGREEN RD
Rent to Own Eligible
 
Single Family Home
Pulaski, PA 16143
2
1
2012 ft2
1948
346 OLD ROUTE 19
Rent to Own Eligible
 
Single Family Home
New Castle, PA 16101
2
2
1311 ft2
1860
Hot New
3023 HIGH HILL RD
Rent to Own Eligible
 
Single Family Home
West Middlesex, PA 16159
2
1
1560 ft2
1967
New
155 MIDVALE RD
Rent to Own Eligible
 
Single Family Home
Wampum, PA 16157
2
1
700 ft2
1955
1 of 50 104 LAKEWOOD DR
Rent to Own Eligible
 
Single Family Home
Ellwood City, PA 16117
2
2
988 ft2
1960
2862 STATE LINE RD
Rent to Own Eligible
 
Single Family Home
Enon Valley, PA 16120
2
1
864 ft2
1973
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Buying a Home in New Castle, PA

New Castle, PA is seeing rapid growth and New Castle, PA's' housing market remains optimal with an average home price that is -71% below the 2024 national average. New Castle, PA is part of Lawrence 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 Lawrence is 1.55% which is above the national average, which is 0.99%.

Median Home Price in New Castle, PA

Median Rent in New Castle, PA

Rent to own homes offer low monthly payments and flexible terms.

4 Reasons to Make New Castle Your Next Hometown

Enjoying the great outdoors! New Castle has plenty to do in the spring and summer months, with parks, golf courses, and nature areas aplenty. Swing away at one of the publicly owned courses such as Castle Hills and Tanglewood - the city's own Sylvan Heights course is right on the edge of town. If you're into more active recreation, nearby McConnell's Mill State Park offers whitewater rafting, hiking, biking, fishing, and more. It's a great place to spend a whole day.

Attainable rental prices and home prices! With the median monthly rent coming in at only $420 per month, and a median house sale price of only $88,000, New Castle has a low cost of entry, with housing attainable for all budgets. Whether you want to rent an apartment at grant Street Apartments or rent to own a single-family detached house in Castlewood, you should be able to find a home to fit your budget quite easily.

Vibrant Downtown! From parks, to festivals, to restaurants and shops, Downtown New Castle is always buzzing. Start off walking along the Neshannock Creek in Riverwalk Memorial Park, then enjoy dinner at one of the numerous restaurants in town, including locally-owned favorites such as Four Brothers Urban Bistro and Lanigan's Irish Pub and Eatery. The Veteran's Day and Light Up the Night parades bring large crowds to the downtown area over the summertime. If you're not a huge fan of downtown, there are plenty of activities hosted at Cascade Park in the southeastern corner of town, including festivals and concerts.

Solid, established housing! With 86% of the houses in the city dating back to before 1970, you can be assured that the guts of the houses and foundations of the houses will be rock solid. Whether you are looking smack dab in the middle of town, or in one of the outlying neighborhoods of Sunset Valley or Coaltown, many of the homes for sale you'll see will feature older and highly durable construction methods and materials.