Rent to own Homes in Fishers, IN
15 miles northeast of Indianapolis, Indiana, lies the city of Fishers. Despite its relatively large size--the population is just shy of 80,000--Fishers was classified as a town until as recently as 2012, when a referendum was passed for it to become a city. You can choose to spend a quiet afternoon on one of the city's excellent golf courses or perhaps explore the historic Ambassador House and Heritage Gardens, built in the mid-19th century. Fishers was named the safest city in 2011 and 2012. With a relatively low cost of living, it's the ideal place to raise family.
Fishers, IN is a great place for affordable rent-to-own homes! With a median household income of over $108,361 and a median rent of $1,240, the Fishers, IN 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 Fishers, IN. 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 Fishers, IN Property Resources
Rent to own Homes in Cities Near Fishers, IN
- Anderson
- Arcadia
- Atlanta
- Beech Grove
- Boggstown
- Carmel
- Charlottesville
- Cicero
- Country Club Heights
- Crows Nest
- Cumberland
- Edgewood
- Elwood
- Fairland
- Fishers
- Fortville
- Fountaintown
- Frankton
- Greenfield
- Greenwood
- Homecroft
- Indianapolis
- Ingalls
- Lapel
- Lawrence
- Markleville
- McCordsville
- Meridian Hills
- Morristown
- Needham
- New Palestine
- Noblesville
- North Crows Nest
- Pendleton
- River Forest
- Rocky Ripple
- Sheridan
- Southport
- Speedway
- Spring Hill
- Spring Lake
- Tipton
- Warren Park
- Westfield
- Wilkinson
- Williams Creek
- Windfall
- Woodlawn Heights
- Wynnedale
- Zionsville
Neighborhoods in Fishers, IN
Saxony rent to own homes Limestone Springs rent to own homes Sandstone rent to own homes Gray Eagle rent to own homes The Bristols rent to own homes Valleys at Geist rent to own homes Tanglewood rent to own homes Downtown Fishers rent to own homes Fishers Pointe rent to own homes Avalon of Fishers rent to own homesBuying a Home in Fishers, IN
Fishers, IN is seeing rapid growth and Fishers, IN's' housing market remains not optimal with an average home price that is 29% above the 2024 national average. Fishers, IN is part of Hamilton 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 Hamilton is 1.08% which is above the national average, which is 0.99%.
Median Home Price in Fishers, IN
Median Rent in Fishers, IN
Top Reasons to Live in Fishers IN
Housing Statistics Around 78 percent of residential properties in Fishers are owned, with only 17 percent rented and 5 percent vacant. A residential turnover rate of 21 percent ensures that there's always homes for sale or rent to own houses on the market, yet according to figures, there were only 24 house sales between May and July 2013. Of these sales, the median sales price was $163,000 -- up 18 percent on the same period last year, suggesting that despite the low numbers of sales, the housing market in Fishers is in good health.
Transportation and Commutes Around 90 percent of Fishers' residents drive alone to work, with an average commute time of 28 minutes. Interstate 69 runs through Fishers, giving residents quick and easy access to the Interstate 465 loop and Indianapolis to the south. Currently there isn't any public transportation between Fishers and the state's capital, but a referendum on whether to fund a regional transit system that would include a link between the two cities by rail is expected to be held over the coming year. With getting around Fishers being so easy, just about any neighborhood would be a good place to look for a home.
Weather and Climate Fishers is technically classified as having a humid continental climate and experiences distinct seasons: the summers are hot and humid with a moderate amount of rainfall, while the winters are cold with an average of six inches of snowfall a month. During January and February temperatures may even drop to 0 degrees Fahrenheit, while summer months see average highs in the low 80s. Temperatures during the spring and fall can change quite dramatically from day to day, so preparing yourself for a sudden warm or cold burst is wise. When looking for a place to buy or rent, be sure that both the furnace and the air-conditioning work well.
Arts and Culture The annual Fishers Renaissance Fair takes place every October and brings medieval England to the city. The Fair offers events and entertainment that include jousting, jesters, and even a queen with her court. Appropriately, the festival takes place on the Saxony development, and around 150 volunteers dress as historical and legendary characters to add to the authenticity. Fishers has also created a Community Art Plan to help establish community art projects, with the first public project set to be the creation of a mural in the downtown area.
Nightlife If you have a big night out planned or want to dance, the temptation to make your way down Interstate 69 to Indianapolis may be too strong to resist. If you just want somewhere to socialize with friends over a drink and some good food, Fishers has lots to offer. The Chatham Tap is an American sports bar with an English pub twist -- the type of football most often shown on the HDTVs here involve a round ball. For something totally different, you might want to try Cafe Du Meemo, which is pretty much a coffee shop by day but a hookah bar by night.