Rent to own Homes in Goshen, IN
Located in Elkhart County, at the northern border of Indiana is Goshen, a small city known for manufacturing RVs and holding the country's second largest county fair. The city was founded in 1831 and added to the National Register of Historic Places in 1983. Goshen was once visited by president Lyndon B. Johnson after a catastrophic tornado hit, and it also boasts its fair share of homegrown talent. Some people who called the city their hometown include CNN anchor Kate Bolduan, director Howard Hawks, NFL quarter back Rick Mirer, and famous voice-over actor Philip Proctor.
Goshen, IN is a great place for affordable rent-to-own homes! With a median household income of over $50,224 and a median rent of $815, the Goshen, 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 Goshen, 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 Goshen, IN Property Resources
Rent to own Homes in Cities Near Goshen, IN
- Bremen
- Bristol
- Cassopolis
- Constantine
- Cromwell
- Dunlap
- Edwardsburg
- Elkhart
- Goshen
- Granger
- Indian Village
- Jones
- Leesburg
- Ligonier
- Middlebury
- Milford
- Millersburg
- Mishawaka
- Nappanee
- New Paris
- North Webster
- Notre Dame
- Osceola
- Roseland
- Shipshewana
- Simonton Lake
- South Bend
- Syracuse
- Topeka
- Union
- Vandalia
- Wakarusa
- Warsaw
- White Pigeon
Neighborhoods in Goshen, IN
West Goshen rent to own homes East Goshen rent to own homes Historic Southside rent to own homes Parkside rent to own homes Rieth Park rent to own homes Chamberlain rent to own homes Maplecrest rent to own homes East Lincoln Crossroads rent to own homes Shanklin Millrace rent to own homes College Farm rent to own homesPopular Zip Codes in Goshen, IN
46527 rent to own homesBuying a Home in Goshen, IN
Goshen, IN is seeing rapid growth and Goshen, IN's' housing market remains optimal with an average home price that is -40% below the 2024 national average. Goshen, IN is part of Elkhart 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 Elkhart is 0.99% which is equal to the national average, which is 0.99%.
Median Home Price in Goshen, IN
Median Rent in Goshen, IN
Top 4 Reasons to live in Goshen, IN
Delectable dining choices! Residents of Goshen never go hungry. That's because the town has a great selection of dining options for people to enjoy. South Side Soda Shop is an old-fashioned soda shop set inside a classic 1950s diner. Taqueria San Jose is an authentic, mom-and-pop Mexican joint where people can enjoy tacos, burritos, and more. The town has convenient access to more delicious options like Kelley Jae's Cafe, a tapas place, and Dandino's Restaurant & Lounge, a steak house.
Affordable living! One of the draws to the area of Goshen is that it boasts very affordable living prices. The median price for a studio, one bedroom or two bedroom monthly rent leaves plenty of money leftover for going out and enjoying the area. Want a home near a great shopping area? Choose to live by The Maples at Waterford Crossing or the Goshen Floral & Gift Shop Inc., in the Shanklin Park area.
Entertainment abounds! Goshen is a small town, but that doesn't mean it's a boring place. In fact, there's lots to do in town and nearby to keep residents entertained. For those who enjoy going to the movies, try Linway Plaza Cinema, which is open seven days a week and offers snacks and concessions. People who enjoy live music will be able to take advantage of The Goshen Theater, a venue hosting live concerts -- with both small, local bands and larger, touring performances.
Housing options! Goshen is a great place to move because it has a wide variety of housing options to choose from. About 52% of homes in Goshen are owned, while about 39% are rented. Goshen locals, whether they rent, own, or rent to own, can have water views if they choose to live near Millrace Park or Shanklin Park.