Rent to own Homes in Auburn, WA
Just 20 miles outside the bustling metropolis of Seattle, the city of Auburn offers a suburban lifestyle to just over 70,000 people. Residents enjoy the weather-related benefits of being nestled in a valley, and there are two rivers running through the city. The land was originally home to several Native American tribes, which are now referred to as the Muckleshoot Tribe, and the Muckleshoot Indian Reservation borders the southern edge of Auburn.
Auburn, WA is a great place for affordable rent-to-own homes! With a median household income of over $76,410 and a median rent of $1,314, the Auburn, WA 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 Auburn, WA. 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 Auburn, WA Property Resources
Rent to own Homes in Cities Near Auburn, WA
- Algona
- Artondale
- Boulevard Park
- Browns Point
- Burien
- Burley
- Canterwood
- Clover Creek
- Dash Point
- Des Moines
- Eatonville
- Edgewood
- Elk Plain
- Federal Way
- Fife
- Fife Heights
- Fircrest
- Fox Island
- Frederickson
- Gig Harbor
- La Grande
- Lakebay
- Lakeland North
- Lakeland South
- Maplewood
- McKenna
- McMillin
- Midland
- Milton
- Nisqually Indian Community
- Normandy Park
- North Fort Lewis
- North Puyallup
- North Yelm
- Parkland
- Prairie Ridge
- Purdy
- Puyallup
- Raft Island
- Riverton
- Rosedale
- Roy
- Ruston
- SeaTac
- Seattle
- South Hill
- Tukwila
- University Place
- Wauna
- Wollochet
Neighborhoods in Auburn, WA
Southeast Auburn rent to own homes North Auburn rent to own homes Lakeland rent to own homes West Hill rent to own homes South Auburn rent to own homes Plateau rent to own homesPopular Zip Codes in Auburn, WA
98071 rent to own homes 98001 rent to own homes 98002 rent to own homesBuying a Home in Auburn, WA
Auburn, WA is seeing rapid growth and Auburn, WA's' housing market remains not optimal with an average home price that is 64% above the 2024 national average. Auburn, WA is part of King 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 King is 0.88% which is below the national average, which is 0.99%.
Median Home Price in Auburn, WA
Median Rent in Auburn, WA
Top Reasons to Live in Auburn WA
Owning and Renting in Auburn The real estate market in Auburn is brisk, with 517 home sales for the three month period ending July 31, 2013. This is a 68.4 percent increase in the number of sales compared to the same period in 2012. The median sales price of these properties was $250,000, and the most recent average listing price was $799,380. A majority of Auburn's homes are owner occupied - approximately 55 percent - and there is a vacancy rate of just over 6 percent. That means finding a house to purchase, rent, or rent to own is reasonably easy to do.
Local Sports in Auburn The City of Auburn's Parks, Arts, and Recreation Department offers an extensive array of local sports leagues for adults and children, including basketball, flag football, indoor soccer, track and field, dodgeball, golf, softball, tennis, and volleyball. For those that prefer to watch games rather than play, the Auburn Senior High School gives families plenty of reasons to cheer, as the football team - the Trojans - and the boys' basketball team win games far more often than they lose. Auburn sports fans are fiercely proud of their professional teams, which include baseball's Seattle Mariners and football's Seattle Seahawks.
Auburn School System Auburn's public school system is made up of fourteen elementary schools, four middle schools, and four high schools, which serve a total of approximately 14,600 students. Based on 10th grade end of class testing (EOC), 78 percent of students are proficient in math, 82.4 percent of students are proficient in reading, 84.3 percent of students are proficient in writing, and 79.5 percent of students are proficient in biology. The 2012 class graduated 81.3 percent of its seniors in four years, and many of those students went on to secondary education. These numbers are strong compared to other parts of the country, which gives Auburn citizens confidence in their public education choices.
Neighborhoods in Auburn The City of Auburn is made up of fifteen neighborhoods, which include the following: Berkshire Glen, Christopher, Downtown, East Auburn, Green Valley, Jovita, Kloshe Illahee, Lake Dolloff, Lakeland, Lea Hill, Meredith, Riverwalk, Southeast, Stuck, and Terminal Park.