Rent to own Homes in Silverdale, WA
Silverdale is located on the Kitsap Peninsula and can trace its history back to its founding as a logging camp in 1854. The waterfront community also became a local agricultural hub because of the nutrient rich soil and supported a variety of other rural endeavors such as dairy, chicken and hog farms. In recent years, the community of slightly under 20,000 residents has become a business and retail service hub.
Silverdale, WA is a great place for affordable rent-to-own homes! With a median household income of over $81,458 and a median rent of $1,610, the Silverdale, 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 Silverdale, 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 Silverdale, WA Property Resources
Rent to own Homes in Cities Near Silverdale, 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 Silverdale, WA
No neighborhoods foundPopular Zip Codes in Silverdale, WA
98383 rent to own homesBuying a Home in Silverdale, WA
Silverdale, WA is seeing rapid growth and Silverdale, WA's' housing market remains not optimal with an average home price that is 63% above the 2024 national average. Silverdale, 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 Silverdale, WA
Median Rent in Silverdale, WA
Top 5 Reasons to Live in Silverdale, WA
The town's central location makes commuting easy! Silverdale's central location between Bremerton and Seattle makes it an ideal place to commute to the big city for work. Many locals utilize the bus service every day to ride to work, as well as for shopping or other activities. The Kitsap Transit helps the surrounding communities connect and the Silverdale Shuttle Service is a hail-and-ride bus service centrally located in town.
Hiking and biking! Silverdale is close to nature, even its urban neighborhoods. The Clear Creek Trail winds through the city, perfect for hiking and jogging, and nature enthusiasts can check out the Clear Creek Interpretive Center along the trail. The Clear Creek Bike and Pedestrian Trail is a paved trail that spans 1.4 miles. It offers ample room for bikers and walkers with a ten foot width.
Rising home values! For the last ten years, the appreciation rate in Silverdale has been above the national average. With home values rising, many people are opting to pursue traditional home loans, but there are some that select a rent to own program. Rent to own houses allow a renter the chance to lock in a home's present asking price for later purchase. With rent to own homes, the renter also has the opportunity to allot a designated portion of the rent towards the home's purchase. Locals seeking a home mortgage loan often turn to Movement Mortgage or Sterling Bank.
Water and fishing activities! Sitting on the shores of Puget Sound, many community residents enjoy water activities such as scuba diving. Sound Diver Center gives residents the opportunity to see the regional marine life up close with their daily dive outings. At the Port of Silverdale, fishermen can moor their boats or opt to take a charter fishing expedition.
Varied architecture to fit every home buyer's taste! A good portion of Silverdale's home's were built from 1970 to 1999 and are comprised of three and four bedroom houses. Approximately 10% of the area's homes were built after 1999, and a small percentage prior to 1969. With such varied housing styles, there is something to fit everyone's home-buying taste. When it comes to shopping for the house, there are numerous local home furnishing stores such as Cost Plus World Market or Eclectic Home Furnishings.