Rent to own Homes in Berea, OH
Located just west of Cleveland, Berea is a small community of around 19,000 residents. Locally, it is best known as the home of the training facility for the Cleveland Browns football team and the Cuyahoga County Fairgrounds, where a number of popular annual events are held, including the summer Irish American Festival and the fall Oktoberfest. Baldwin Wallace University, a small liberal arts school, is also located in Berea, as is an historic, restored train depot, one of the best places in the United States to watch trains.
Berea, OH is a great place for affordable rent-to-own homes! With a median household income of over $60,292 and a median rent of $843, the Berea, OH 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 Berea, OH. 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 Berea, OH Property Resources
Rent to own Homes in Cities Near Berea, OH
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- Avon
- Avon Lake
- Bay Village
- Bedford
- Berea
- Bratenahl
- Broadview Heights
- Brooklyn
- Chippewa Lake
- Columbia Station
- Creston
- Cuyahoga Falls
- Cuyahoga Heights
- Elyria
- Fairlawn
- Fairview Park
- Gloria Glens Park
- Grafton
- Independence
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- Linndale
- Litchfield
- Lorain
- Maple Heights
- Medina
- Middleburg Heights
- Montrose-Ghent
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- Oberlin
- Olmsted Falls
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- Parma Heights
- Peninsula
- Pheasant Run
- Pigeon Creek
- Richfield
- Rocky River
- Seville
- Shaker Heights
- Sharon Center
- Sheffield
- Sheffield Lake
- South Amherst
- Spencer
- Valley City
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Neighborhoods in Berea, OH
No neighborhoods foundPopular Zip Codes in Berea, OH
44017 rent to own homesBuying a Home in Berea, OH
Berea, OH is seeing rapid growth and Berea, OH's' housing market remains optimal with an average home price that is -33% below the 2024 national average. Berea, OH is part of Cuyahoga 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 Cuyahoga is 1.93% which is above the national average, which is 0.99%.
Median Home Price in Berea, OH
Median Rent in Berea, OH
Top 5 Reason to Live in Berea, OH
Home of the Cleveland Browns! The Cleveland Browns training facility is located in Berea. Each summer, for six weeks, this NFL organization welcomes the public to view the training camp workouts and meet the new players -- all for free. You might even see some players coming and going from the facility on Lou Groza Blvd. during the season.
New construction! Each day, new homes are being added to the diverse array of housing available in Berea. Recent new home construction projects include Sandstone Ridge Townhomes and Chase View. With a vacancy rate of just 3.71%, finding a rental property is likely to be easier in one of these new developments.
Plenty of parks and green spaces! The City of Berea owns and operates a collection of four city parks plus a recreation center. The most popular parks include the Jackie and Lou Groza Sports Complex and Dora Lee Payne Park. Berea is also tied to the emerald necklace of the Cleveland Metropark system and the hiking and biking trails, golf courses, picnic facilities and fishing offered there.
Affordable housing! The median home value in Berea for 2013 was a nice $138,900, which is lower than the state and national averages. A few of the most desirable neighborhoods in Berea are the W. Bagley Rd. and Sprague Rd. areas; there are even a few rent to own homes in these communities.
Easy access to cultural events and museums! Berea is home to the annual Bach Festival, held at Baldwin Wallace University. The city is also just a short drive away from some of the best cultural institutions in the United States, such as the Cleveland Orchestra, the (free) Cleveland Museum of Art, Cleveland Botanical Garden and the Rock and Roll Hall of Fame.