Rent to own Homes in Phoenixville, PA
The 5th Most Exciting Place in Pennsylvania! The 16th-highest City on the Rise In Pennsylvania! These are just two of the titles that Phoenixville, home to over 16,400 residents, has won in recent years. Sitting just northwest of Philadelphia, it is in a prime location. Known for being an important manufacturing center in the past, the city has evolved from its industrial heyday to become an artistic and cultural powerhouse.
Phoenixville, PA is a great place for affordable rent-to-own homes! With a median household income of over $85,550 and a median rent of $1,204, the Phoenixville, 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 Phoenixville, 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 Phoenixville, PA Property Resources
Rent to own Homes in Cities Near Phoenixville, PA
- Aldan
- Ardentown
- Ardmore
- Avondale
- Beckett
- Boothwyn
- Brookhaven
- Bryn Mawr
- Chester Springs
- Clifton Heights
- Coatesville
- Collingdale
- Colwyn
- Drexel Hill
- East Lansdowne
- Elsmere
- Essington
- Folsom
- Gibbstown
- Glenmoore
- Hamorton
- Hayti
- Holmes
- Lansdale
- Lansdowne
- Lima
- Linwood
- Lorane
- Malvern
- Media
- Morton
- New Castle
- Newtown Square
- Norwood
- Pedricktown
- Prospect Park
- Rutledge
- Sadsburyville
- Sharon Hill
- Springfield
- Swarthmore
- Thornton
- Trainer
- Upland
- Wayne
- West Grove
- Woodlyn
- Wynnewood
- Yeadon
- Yorklyn
Neighborhoods in Phoenixville, PA
Phoenixville rent to own homesPopular Zip Codes in Phoenixville, PA
19460 rent to own homesBuying a Home in Phoenixville, PA
Phoenixville, PA is seeing rapid growth and Phoenixville, PA's' housing market remains not optimal with an average home price that is 19% above the 2024 national average. Phoenixville, PA is part of Chester 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 Chester is 1.25% which is above the national average, which is 0.99%.
Median Home Price in Phoenixville, PA
Median Rent in Phoenixville, PA
7 Reasons Phoenixville is Considered a Top City in Pennsylvania
Festivals all year round! From the Firebird Festival that celebrates the rebirth of the town, to the Blobfest that celebrates Phoenixville as the filming site of the original Blob, to the Dogwood Festival, it feels like there's a major event going on every month.
Local fare, from farm to table! Phoenixville prides itself on its locally-produced fare. A fertile region, the crops and herds of the area produce goods that you can buy at the weekly Phoenixville Farmers' Market, or every day at Phoenixville-based Kimberton Whole Foods. Even local restaurants, such as Majolica, try to feature to locally-sourced fare.
Get to know your neighbors! With 60% of homes being owner-occupied and only a little over 7% of units being vacant, you'll get used to seeing the same faces in your neighborhood. That's not to say renters aren't welcome - 32% of the homes are in small buildings like the Merchants Lofts or apartment complexes like Knollwood Apartments.
History at your doorstep! Settled back in 1732, Phoenixville has seen plenty of history. Only minutes down the road is the famed Valley Forge National Park, where the Continental Army was encamped throughout the pivotal winter of the Revolutionary War. The Historical Society of the Phoenixville Area has a museum that features information on this important period of history, as well as the old Phoenix Iron Works and the Majolica Earthenware company,
Rising housing market! Phoenixville has seen a massive growth in assessed property values, but prices are still reasonable, with a median home value of just over $203,000. This is the perfect time to be looking into buying or finding a rent to own house in the Ironsides and Pickering areas.
Enjoy the great outdoors! Whether its fishing or rafting on the Schuylkill River, hiking in Black Rock Sanctuary or nearby Evansburg State Park, or hacking away on one of the many nearby golf courses, such as Pickering Valley or Meadowbrook, there's plenty to do out in the fresh air.
Get out for First Fridays! The first Friday of every month sees artisans open up their shops late, restaurant-owner list specials, and entertainers hit the streets. Concentrated along Bridge Street, you can visit boutiques like LuLu Boutique and Gifterie or Diving Cat Studio and Gallery. Stop into Steel City Coffee House or Molly Maguire's for a beverage or some food while you're there.