Rent to own Homes in Jasper, IN
Jasper has been named one of America's 25 best small towns. The thriving community, located in the heart of Southern Indiana, is home to 15,000 residents. Jasper is perhaps best known for its great park system and cultural activities. The city has the only arts department in the state that is funded by the municipality, and Jasper has been twice honored with the Governor's Arts Award. If you love arts and culture, you'll love Jasper!
Jasper, IN is a great place for affordable rent-to-own homes! With a median household income of over $56,020 and a median rent of $623, the Jasper, 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 Jasper, 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 Jasper, IN Property Resources
Rent to own Homes in Cities Near Jasper, IN
- Anthoston
- Boonville
- Buckskin
- Chandler
- Chrisney
- Curdsville
- Darmstadt
- Elberfeld
- Evansville
- Fort Branch
- Francisco
- Gentryville
- Hatfield
- Haubstadt
- Henderson
- Lamar
- Lincoln City
- Lynnville
- Mackey
- Melody Hill
- Newburgh
- Oakland City
- Owensboro
- Parkers Settlement
- Reed
- Richland
- Rockport
- Somerville
- Sorgho
- Spottsville
- Spurgeon
- Stanley
- Stendal
- St Joseph
- Tennyson
- Velpen
- Wadesville
- West Louisville
Neighborhoods in Jasper, IN
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Jasper, IN is seeing rapid growth and Jasper, IN's' housing market remains optimal with an average home price that is -28% below the 2024 national average. Jasper, IN is part of Dubois 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 Dubois is 0.86% which is below the national average, which is 0.99%.
Median Home Price in Jasper, IN
Median Rent in Jasper, IN
Top 4 Reasons to Live in Jasper, IN
Visit historic sites around town! Over the past 10 years, several million dollars have been invested in the Jasper riverfront, which lies along the Patoka River. The historic area is anchored by a riverwalk that meanders for 2.1 miles. You can also visit the Jasper City Mill, a local train depot that is home to the Spirit of Jasper Luxury Excursion Train. The train embarks on regular trips to French Lick. On Sundays, passengers can enjoy riding and dining with meals that are prepared by Schnitzelbank Restaurant, a local favorite. The Jasper City Mill was built to resemble the historic mill that once ground grain along the Patoka River. Today, the mill has a souvenir and gift shop, and it's open for regular tours.
Property values on the rise! Homeowners in Jasper, IN have access to a market that has steadily appreciated over the years. Since 1990, the average annual increase has been nearly 2.5 percent. In the last five years, appreciation has declined by about 3.6 percent, which makes the market ideal for buyers looking for rent to own homes. For some of the most desirable communities in the neighborhood, check out the Ireland or Dubois areas.
Enjoy the great outdoors! Jasper has almost 20 parks scattered throughout different communities in the city. The Arnold F. Habig Community and Older American Center hosts regular competitions, such as Pickleball and horseshoes. Sultan's Run Golf Club stretches along 224 acres of water and woods. For the art lover, the Jasper Arts Center seats 700 and has performances throughout the year. During the annual Chalk Walk, local artists paint the town.
High ownership rates! The homeowner rates in Jasper, IN average nearly 64.5 percent. As of 2013, the city had 50,782 housing units, with a median value of $98,300. Nearly 16 percent of the housing units are multi-family rental homes. For a convenient location that is near the city's amenities, you may want to try the neighborhoods of Mudville, Hinton or City Center.