Rent to Own Homes near Plymouth, MN

  • Located about 15 miles to the west of Downtown Minneapolis is the city of Plymouth, Minnesota. This city is the third largest in the Minneapolis-Saint Paul area. That metro area is home to more than 3.2 million people, though the city of Plymouth is home to about 70,576 people. The city, which was ranked number one in Money Magazine's "America's Best Places to Live 2008," is known for its suburban lifestyle and overall ideal location. This may be why you'd want to look for a rent to own home here.

Check out Plymouth, MN homes for sale that may include: rent to own, foreclosure, HUD, for sale by owner and more

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Top Reasons to Live in Plymouth MN

  • Housing Statistics Prior to making an investment in rental homes or other property here, consider the housing market as a whole. The median sales price of a home here, as of the second quarter of 2013, was $300,882. This is about 19 percent higher than it was the year prior. The average listing price, as of the final week of August 2013, was $413,777. In the previous six months, the area has sold about 344 homes. It is also important to know that the annual residential turnover here is 21 percent.
  • Local Events and Festivals A variety of events occur in Plymouth on an annual basis. This includes the Farmer's Market, which showcases locally grown foods. King Richard's Faire is a medieval event with everything from jousting to singing minstrels. It runs throughout the summer and fall months. Another event is the Bog Jog 5K Trail Run that happens annually in the fall. This is the perfect reason to get outdoors to view the changing leaves.
  • Local Restaurants Plymouth is sure to keep your taste buds happy. Patrizia Italy Trattoria, East Bay Grille, and The Cabby Shack are three of the most popular, locally owned destinations. You may want to check out the seafood at Blue-Eyed Crab Grille and Raw Bar. Sabor, Alden Park Bar and Grill and Union Fish Seafood are also popular options here.
  • Neighborhoods Plymouth, as a large city, is home to several local communities. When comparing housing options, any of these destinations may be a great choice.