Rent to own Homes in Chillicothe, OH
Chillicothe is a mid-size town of around 22,000 residents, located along the Scioto River about an hour's drive south of Columbus, Ohio. Having twice been the capital city of Ohio, Chillicothe is steeped in history, from prehistoric settlers to the days of the Underground Railroad. In Ohio, the city is best known as the site of the annual Chillicothe Pumpkin Show. However, there's a lot more to this city than just pumpkins.
Chillicothe, OH is a great place for affordable rent-to-own homes! With a median household income of over $45,251 and a median rent of $747, the Chillicothe, 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 Chillicothe, 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 Chillicothe, OH Property Resources
Rent to own Homes in Cities Near Chillicothe, OH
- Adelphi
- Andersonville
- Bainbridge
- Beaver
- Bourneville
- Chillicothe
- Circleville
- Clarksburg
- Frankfort
- Kingston
- Latham
- Laurelville
- Logan Elm Village
- Londonderry
- Massieville
- Mc Arthur
- New Holland
- Piketon
- Ray
- Richmond Dale
- South Bloomfield
- South Bloomingville
- South Salem
- Stoutsville
- Tarlton
- Waverly
- Waverly City
- Williamsport
Neighborhoods in Chillicothe, OH
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No zip codes foundBuying a Home in Chillicothe, OH
Chillicothe, OH is seeing rapid growth and Chillicothe, OH's' housing market remains optimal with an average home price that is -46% below the 2024 national average. Chillicothe, OH is part of Ross 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 Ross is 1.03% which is above the national average, which is 0.99%.
Median Home Price in Chillicothe, OH
Median Rent in Chillicothe, OH
5 Reasons to Live in Chillicothe, OH
The Pumpkin Show! Chillicothe celebrates its agricultural heritage each fall at the Pumpkin Show. The free event draws more than one million visitors annually from all over North America. The festival features giant pumpkins, all sorts of pumpkin food, a pumpkin queen, midway rides and live entertainment on multiple stages. However, the pumpkin show isn't the only annual event in town. Chillicothe is also home to the Flowering Moon Festival, held each summer to celebrate the region's Native American heritage.
Low property taxes! Property taxes in Chillicothe are lower than the state average. The average Chillicothe homeowner pays $1,362 in property taxes annually. Some of the city's neighborhoods with single-unit houses include the Belleview Heights and Andersonville areas.
Plenty of history to explore! Chillicothe is full of interesting history. The area was once home to the ancient Hopewell tribe and their burial mounds and recovered artifacts, including those at the Hopewell Culture National Historic Park, can be viewed throughout the region. Chillicothe was also a hot bed of abolitionist sentiment during the pre-Civil War years, and many buildings in the city, including the Chillicothe Presbytery and the Samuel Moore House, were stations on the Underground Railroad, which ran from the Ohio River up to Lake Erie.
Affordable housing! The median home value in Chillicothe for 2013 was $117,000, much lower than the national average. A few of the most desirable neighborhoods in Chillicothe are the Brewer Heights and Londonderry areas; there are even a few rent to own homes in these neighborhoods.
Lots of parks! The City of Chillicothe owns and operates a collection of eight city parks, as well as a skate park. The most popular parks include the 12-acre Yoctangee Park and Veterans Memorial Park. Facilities include children's playgrounds, ball fields, picnic areas and hiking trails.