Rent to own Homes in Miamisburg, OH
Located in Montgomery County, Ohio, Miamisburg is well-known for its large industrial presence. The area was originally settled in 1797 by Zechariah Hole. Over the years, it experienced steady growth, and it officially became a city in Ohio in the 1920s. With a population of about 20,000 and a land area close to 12.5 square miles, it offers residents a small town environment while still providing a surprising amount of activities for both locals and visitors.
Miamisburg, OH is a great place for affordable rent-to-own homes! With a median household income of over $69,717 and a median rent of $848, the Miamisburg, 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 Miamisburg, 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 Miamisburg, OH Property Resources
Rent to own Homes in Cities Near Miamisburg, OH
- Beavercreek
- Bellbrook
- Brookville
- Carlisle
- Clarksville
- Dayton
- Donnelsville
- Englewood
- Enon
- Fairborn
- Farmersville
- Five Points
- Four Bridges
- Franklin
- Germantown
- Gratis
- Green Meadows
- Harveysburg
- Holiday Valley
- Huber Heights
- Hunter
- Jacksonburg
- Kings Mills
- Lewisburg
- Mason
- Medway
- Miamisburg
- Monroe
- Moraine
- New Lebanon
- Oregonia
- Phillipsburg
- Potsdam
- Riverside
- Roachester
- South Lebanon
- Springboro
- Spring Valley
- Trenton
- Troy
- Union
- Vandalia
- Verona
- Waynesville
- West Alexandria
- West Carrollton
- West Chester
- West Milton
- Wilberforce
- Yellow Springs
Buying a Home in Miamisburg, OH
Miamisburg, OH is seeing rapid growth and Miamisburg, OH's' housing market remains optimal with an average home price that is -30% below the 2024 national average. Miamisburg, OH is part of Montgomery 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 Montgomery is 1.75% which is above the national average, which is 0.99%.
Median Home Price in Miamisburg, OH
Median Rent in Miamisburg, OH
Top 6 Reasons to Live in Miamisburg, Ohio
Plenty of local history to enjoy! Aside from the long history and steady development that occurred with the arrival of Zechariah Hole, there are some historical sites that people come from around the United States to see. One place of mention is the Miami and Erie Canal, which was built in 1827 to help improve trade in the area. Perhaps more significant is the Miamisburg Mound, an ancient Indian burial mound believed to have belonged to the Adena Culture somewhere between 1000 and 200 BCE.
Lots of local attractions! One of the most important parts of living anywhere is knowing that entertainment is available. In this department, one of the most notable areas of Miamisburg is the Baum Opera House, where residents can enjoy regular show times and special performances. There is also the Cox arboretum, which includes a butterfly home.
An abundance of community events! Maintaining that small town feel, Miamisburg has no shortage of local events for residents to enjoy. You can enjoy the Thunderburg Motorcycle Show or find the Miamisburg Starving Artists event, a local arts and crafts show.
Very reasonable real estate market! The average price of homes for sale in Miamisburg is around the national average, but the quality of homes makes it seem like you are getting a much better value. For the least expensive home prices, new residents should look at the Chautauqua or Whitfield neighborhoods.
Low rental prices! If buying a home is out of your price range, the average rental for apartments and homes for rent are both below the national average. This could be a helpful option and you could also opt for a rent to own home if you want to make the transition. For apartments, Autumn Woods offers less expensive options whereas Preserve of Sagebrook offers a bit more amenities.
Some of the most beautiful parks to explore! There are plenty of opportunities to get outdoors and enjoy life in Ohio when you know what to look for in Miamisburg. The Riverfront Park offers plenty of hiking trails to enjoy. If you want to see some wildlife, you can take a hike along the Twin Valley Trail.