Rent to own Homes in Schofield Barracks, HI
Established in 1908 as a base for the U.S. Army's Pearl Harbor mobile defense, Schofield Barracks is now home to the 25th Infantry Division. The barracks lie in the foothills of the Waianae mountain range, 20 miles northwest of Honolulu. The area's proximity to plentiful amenities and popular attractions, along with reduced housing costs for military personnel, increase Schofield Barracks' popularity as a place to call home.
Schofield Barracks, HI is a great place for affordable rent-to-own homes! With a median household income of over $62,183 and a median rent of $2,803, the Schofield Barracks, HI 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 Schofield Barracks, HI. 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 Schofield Barracks, HI Property Resources
Rent to own Homes in Cities Near Schofield Barracks, HI
- Ahuimanu
- Aiea
- East Honolulu
- Ewa Beach
- Ewa Gentry
- Ewa Villages
- Halawa
- Hauula
- Heeia
- Helemano
- Hickam Housing
- Iroquois Point
- Kaaawa
- Kahaluu
- Kalaeloa
- Kaneohe
- Kaneohe Base
- Kaneohe Station
- Kapolei
- Ko Olina
- Laie
- Maili
- Makakilo
- Maunawili
- Mililani
- Mililani Mauka
- Mililani Town
- Nanakuli
- Ocean Pointe
- Pearl City
- Punaluu
- Royal Kunia
- Schofield Barracks
- Tripler Army Medical Center
- Urban Honolulu
- Wahiawa
- Waiahole Waikane
- Waianae
- Waikane
- Waikele
- Waimalu
- Waimanalo
- Waimanalo Beach
- Waipahu
- Waipio
- Waipio Acres
- West Loch Estate
- Wheeler AFB
- Wheeler Army Airfield
- Whitmore Village
Neighborhoods in Schofield Barracks, HI
No neighborhoods foundPopular Zip Codes in Schofield Barracks, HI
96857 rent to own homesBuying a Home in Schofield Barracks, HI
Schofield Barracks, HI is seeing rapid growth and Schofield Barracks, HI's' housing market remains optimal with an average home price that is -100% below the 2024 national average. Schofield Barracks, HI is part of Honolulu 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 Honolulu is 0.28% which is below the national average, which is 0.99%.
Median Home Price in Schofield Barracks, HI
Median Rent in Schofield Barracks, HI
Top 4 Reasons to Live in Schofield Barracks, HI
Choice of neighborhoods! The privatization of Schofield Barracks housing has seen several distinct areas spring up. As you might expect, housing in Main Barracks, which is close to the Commissary and the PX, include dorm-style and modern apartment living, while the upgraded homes around the stylish Wilikina Drive area are typically home to officers and their families. Enlisted personnel generally reside in the properties located in the neighborhood known as West of Main Post.
Glorious weather! If there's one thing that's almost guaranteed if you choose to live in Hawaii, it's the enviable weather, and Schofield Barracks is no exception. Make the most of more than 300 sunny days each year, often perfectly cooled by a gentle breeze, to indulge in water sports on Lake Wilson or wander through Dole's Pineapple Plantation and the stunning Wahiawa Botanical Garden. If you're up for a challenge, the nearby Garden Maze, considered the largest maze in the world, is happy to oblige.
Ample amenities! Life at a military barracks certainly has its perks. Enjoy a multitude of green spaces, such as Cannoneer Field, Watts Field and the Kalakaua Community Park, or keep fit at the Stoneman Stadium complex, where you'll find facilities include a lighted soccer field, a running track and a lengthy fitness trail with eight activity stations. In the center of the barracks, a bowling alley, a community library and several fast food restaurants are among the amenities.
Attractive housing options! The majority of future residents in Schofield Barracks will be entitled to a basic allowance for housing that can be put toward the cost of a mortgage or a monthly rental payment. Rent to own houses may also be possible. You can expect a reasonable payment in the region of $1,956 to $3,933, depending on rank and dependents. The allowance can be used on homes within the boundaries of the barracks, and also for off-post homes, such as those in the neighboring towns of Mililani and Wahiawa.