Rent to own Homes in Bainbridge Island, WA
First explored by Europeans in 1792 during an expedition of Capt. George Vancouver, this area was inhabited by natives for centuries. Bainbridge Island lies directly across the Puget Sound from Seattle and is a de facto suburb in many ways, but most of the island is semi-rural. The town is concentrated on Eagle Harbor and is home to over 23,000 people. Forests, waterways and spectacular views are the standard on this beautiful island outpost.
Bainbridge Island, WA is a great place for affordable rent-to-own homes! With a median household income of over $125,861 and a median rent of $1,612, the Bainbridge Island, 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 Bainbridge Island, 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 Bainbridge Island, WA Property Resources
Rent to own Homes in Cities Near Bainbridge Island, WA
- Alderwood Manor
- Algona
- Bainbridge Island
- Beaux Arts Village
- Bellevue
- Black Diamond
- Bothell West
- Boulevard Park
- Brier
- Burien
- Cathcart
- Cavalero
- Clearview
- Clyde Hill
- Cottage Lake
- Covington
- Des Moines
- East Hill-Meridian
- Eastmont
- Edmonds
- Esperance
- Fall City
- Federal Way
- Fobes Hill
- High Bridge
- Indianola
- Issaquah
- Kent
- Kingsgate
- Kingston
- Lake Forest Park
- Lake Holm
- Lakeland North
- Lakeland South
- Lake Morton-Berrydale
- Lake Stevens
- Larch Way
- Lynnwood
- Meadowdale
- Mountlake Terrace
- Mukilteo
- Normandy Park
- North Lynnwood
- Picnic Point
- Riverton
- SeaTac
- Seattle
- Shoreline
- Silver Firs
- Tukwila
Neighborhoods in Bainbridge Island, WA
Madrona Heights rent to own homes South Beach rent to own homes Battle Point rent to own homes Eagledale rent to own homes Fort Ward rent to own homes Port Blakely rent to own homes Agate Point rent to own homes Wing Point rent to own homes Seabold rent to own homes Winslow rent to own homesPopular Zip Codes in Bainbridge Island, WA
98110 rent to own homesBuying a Home in Bainbridge Island, WA
Bainbridge Island, WA is seeing rapid growth and Bainbridge Island, WA's' housing market remains not optimal with an average home price that is 260% above the 2024 national average. Bainbridge Island, WA is part of Kitsap 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 Kitsap is 0.88% which is below the national average, which is 0.99%.
Median Home Price in Bainbridge Island, WA
Median Rent in Bainbridge Island, WA
7 Reasons to Love Living in Bainbridge Island, Washington
Valuable real estate! What was once relatively low-priced real estate has become quite desirable and home values reflect that. The median sales price of $568,000 near the end of 2014 was up 6.4% from the year before. Search for rent to own homes can include areas like the community of Yeomalt Point or inland neighborhoods like Strawberry Hill.
Fun history to explore! The island is a perfect base for exploring the entire region. Start with a monument to a sad part of American history at the Bainbridge Island Japanese American Exclusion Memorial. Then delve into the colorful past at the Bainbridge Island Historical Museum.
Commute by ferry! Bainbridge Island is a straight run from the ferry dock on Eagle Harbor to the Seattle downtown terminal, right in the heart of the city. From the terminal, it's easy to connect to greater Seattle. Near the Bainbridge dock are good places to grab a bite, like Isla Bonita and That's A Some Pizza.
Waterfront homes! Bainbridge an island with a lot of shoreline. From Murden Cove at the north end of the city to Agate Pass Bridge, there are inlets, beaches, sounds, and bluffs with water views. Of course, the nearer the water, the higher the cost. With an average price per square foot of $312, homes here are a great investment.
Nice restaurant selections! Jamie Les Crepes presents the delectable treat in classic French style, with Pacific Northwest twists. For incredible ice cream that's made on the island and features local ingredients, you have to try Mora Ice Cream.
Close to top-level sporting events! CenturyLink Field, home to the MLS Sounders an NFL Seahawks, and Safeco Field, home to the MLB Mariners, are all within walking distance of the ferry terminal. After the game, enjoy a brew at the Pyramid Ales flagship location.
Arts and culture! Bainbridge Island Art Museum features fine exhibits bathed in natural light while annual events like the Bluegrass Festival bring fun to the island. Bainbridge Island Triathlon is a real draw for extreme sport fans too.