Rent to own Homes in Lewiston, ID
Lewiston enjoys a uniquely temperate, dry climate that encourages year-round outdoor activity. Lewis and Clark Valley is also home to the Quail Ridge Golf Course and Chief Timothy State Park campgrounds in nearby Clarkston. It's a fantastic location for nature lovers of all ages who enjoy exploring the woods and camping.
Lewiston, ID is a great place for affordable rent-to-own homes! With a median household income of over $54,912 and a median rent of $724, the Lewiston, ID 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 Lewiston, ID. 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.
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Lewiston, ID is seeing rapid growth and Lewiston, ID's' housing market remains optimal with an average home price that is -6% below the 2024 national average. Lewiston, ID is part of Nez Perce 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 Nez Perce is 0.92% which is below the national average, which is 0.99%.
Median Home Price in Lewiston, ID
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Top 4 Reasons to Live in Lewiston, ID
It brings the sea to the valley! The Snake River's banks are an ideal real estate location to find beautiful homes for sale, including an abundance of rent to own options. Not only stunning in its natural splendor, the Snake River and the Clearwater River provide the majority of commerce for the region by making possible the farthest inland seaport on the west coast. Luxurious and useful, residents along the coastline enjoy the mountain views and natural wonders of the pacific northwest right at their doorstep.
It has an amazing view! Those not residing waterside are not at a loss for prime real estate. One of the most famous locations, Lewiston Hill, was immortalized in the rock n roll classic "Hot Rod Lincoln" which details an actual race that occurred on the hill. This is a highly coveted location to live. Estates on the hill enjoy panoramic views with no rival in any neighborhood of the city below.
It's the home of the holiday spirit! Lewiston features several annual celebrations that take the streets by storm each year. One of the most popular, the August Summer Nights festival features '80s music stars such as Eddie Rabbit and Loverboy performing past hits. The Christmas celebration features lighted displays and activities centered in Locomotive Park where the retired Steam Engine 92 and Camas Prairie RR Caboose are on display.
It has many thriving wineries! Viticulture (grape farming) is a popular and thriving industry in the city and surrounding landscape, which features two wineries that both won gold medals in 2013 from Wine Press Northwest and one, which has been listed as one of the top 100 wines of 2013 from the same organization. The unexpected locale produces many varieties of grapes, with Cabernet Sauvignon being very popular. Over 100 years of tradition in the industry supports Basalt Cellars and Clearwater Canyon Cellars as some of the more popular growers which are open for tours during the season. A wine tasting cruise via jet boat featuring a five course dinner is an excellent and unique way to see the countryside and its offerings.