Rent to own Homes in Shoreview, MN
Shoreview, MN, is the 4th largest city in Ramsey County and is home to 25,043 people at the 2010 census. Shoreview hosts an annual three day extravaganza titled the Slice Of Shoreview Days, a fair-style summer event that has something for everyone. It includes a petting zoo, art fair, carnival, talent show, car show, parade and more. Aside from the festival, there are many other great reasons why Shoreview is such a great place to live!
Shoreview, MN is a great place for affordable rent-to-own homes! With a median household income of over $97,633 and a median rent of $1,246, the Shoreview, MN 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 Shoreview, MN. 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 Shoreview, MN Property Resources
Rent to own Homes in Cities Near Shoreview, MN
- Anoka
- Apple Valley
- Bloomington
- Burnsville
- Circle Pines
- Coates
- Columbus
- Coon Rapids
- Cottage Grove
- Crystal
- Eagan
- East Bethel
- Eden Prairie
- Edina
- Falcon Heights
- Farmington
- Fridley
- Gem Lake
- Golden Valley
- Ham Lake
- Hilltop
- Hopkins
- Houlton
- Hudson
- Hugo
- Lake Elmo
- Lakeville
- Lauderdale
- Lexington
- Lilydale
- Lino Lakes
- Little Canada
- Maple Grove
- Maplewood
- Mendota
- Minneapolis
- Minnetonka
- New Hope
- Oakdale
- Oak Park Heights
- Osseo
- Plymouth
- Prior Lake
- Richfield
- Savage
- Shakopee
- St. Anthony
- St Paul
- Vadnais Heights
- White Bear Lake
Neighborhoods in Shoreview, MN
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55126 rent to own homesBuying a Home in Shoreview, MN
Shoreview, MN is seeing rapid growth and Shoreview, MN's' housing market remains not optimal with an average home price that is 31% above the 2024 national average. Shoreview, MN is part of Ramsey 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 Ramsey is 1.05% which is above the national average, which is 0.99%.
Median Home Price in Shoreview, MN
Median Rent in Shoreview, MN
Top 4 Reasons To Live In Shoreview, MN
Enjoy the outdoor lifestyle! There is so much to do in Shoreview, especially outside. Shoreview is home to Island Lake, Snail Lake, Turtle Lake and Lake Owasso among others. There is ample opportunity for water-based fun on the lakes, whether you like to fish, sail, kayak or cycle along the waterfront. The city has 14 developed parks, including Bobby Theisen Park, which offers tennis, basketball, football and soccer areas, a hockey rink and walking areas. Bucher Park boasts soccer fields, a playground, picnic areas and a hockey rink, while McCullough Park, offers a playground with climbing boulders and skating, tennis, lacrosse and soccer facilities. Added to the plentiful parks and lakes is The Tropics water park, several golf courses, Tamarack Nature Center and more. Shoreview has even earned an award for being a Bicycle Friendly Community, making getting around and staying fit a breeze.
The living options! It doesn't matter whether you fancy a freestanding family home with a stunning view out over Island Lake or Lake Owasso, a great pet-friendly apartment on Owasso St, a modern condo in the heart of the city or a low maintenance, recently built townhouse on Carmel Court, you can find what you like in Shoreview. Better yet, it will be a great investment: house values in Shoreview are on the way up, increasing 4.2 percent over the past year with another 1.6 percent increase forecasted for the next year.
It's a buyer's market! There are ample homes on the market in Shoreview, giving buyers the advantage. This makes it a perfect time to buy into Shoreview and secure your piece of lakeside property with a magnificent view over Island Lake or your modern inner city apartment within strolling distance of Fresh Picked Pizza.