Rent to own Homes in Mount Vernon, OH
Mount Vernon, OH is a growing community that is big enough to offer the amenities of a busy, big city lifestyle while still providing an easy-paced, small town quality of life. Home to 16,798 people and nestled in Ohio's Knox County, Mount Vernon offers educational opportunities, plenty of outdoor activities to enjoy, access to the arts, big-city shopping venues, and transportation for trips to other local towns.
Mount Vernon, OH is a great place for affordable rent-to-own homes! With a median household income of over $46,656 and a median rent of $767, the Mount Vernon, 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 Mount Vernon, 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 Mount Vernon, OH Property Resources
Rent to own Homes in Cities Near Mount Vernon, OH
- Alexandria
- Apple Valley
- Baltimore
- Beechwood Trails
- Bladensburg
- Bremen
- Brownsville
- Croton
- Dresden
- East Fultonham
- Etna
- Fairfield Beach
- Frazeysburg
- Fultonham
- Gambier
- Glenford
- Granville
- Granville South
- Gratiot
- Harbor Hills
- Hartford
- Hartford (Croton)
- Heath
- Hopewell
- Howard
- Jacksontown
- Jersey
- Johnstown
- Junction City
- Kirkersville
- Lancaster
- Marne
- Martinsburg
- Millersport
- Mount Perry
- Mount Vernon
- Nashport
- New Albany
- Newark
- Pataskala
- Pleasantville
- Rushville
- Somerset
- St. Louisville
- Thornport
- Thornville
- Thurston
- Walhonding
- West Rushville
- Zanesville
Neighborhoods in Mount Vernon, OH
No neighborhoods foundPopular Zip Codes in Mount Vernon, OH
43050 rent to own homesBuying a Home in Mount Vernon, OH
Mount Vernon, OH is seeing rapid growth and Mount Vernon, OH's' housing market remains optimal with an average home price that is -45% below the 2024 national average. Mount Vernon, OH is part of Knox 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 Knox is 1.1% which is above the national average, which is 0.99%.
Median Home Price in Mount Vernon, OH
Median Rent in Mount Vernon, OH
Top 5 Reasons to Live in Mount Vernon, OH
The perfect price! The vacancy rate for Mount Vernon is 7.7 percent, about middle range for vacancies. The median real estate price is $88,130 which is 82.6 percent less expensive than all of the U.S. so you better start shopping now! Some great neighborhoods to look at are around Martinsburg Road or around Ohio Avenue.
Low housing costs and a healthy economy! Even as a growing community, Mount Vernon's housing prices have remained reasonable, offering great deals on homes for sale and on rent to own houses. Combine this with access to jobs at the newly developed industrial park and with great inner city companies such as Ariel and Rolls Royce to find a great potential for a high quality of life!
Plenty of outdoor activities! From beautiful parks and golfing to camping, Mount Vernon offers a wide range of formal and informal outdoor activities! Enjoy hitting some balls around the links at one of the four golf courses in the city, such as Hiawatha Golf Course, the Mount Vernon Country Club, the Chapel Hill Golf Course, or the Irish Hills Golf Course. Nestle into your sleeping bag at a Rustic Knolls campsite.
Enjoy the local arts scene! Visit the historic Woodward Opera House to enjoy a tour through the past or to watch a performance on the renovated 19th century stage. Or, in the warmth of August, enjoy a day at the Dan Emmett Music and Arts Festival. Dan Emmett was a local musician who wrote the song Dixie.
Easy access to shopping! On the east end of Mount Vernon, shoppers enjoy traditional strip malls with a wide range of dining options and some major anchor stores such as Walmart and Kmart. The city's downtown area offers a slower-paced shopping experience, with opportunities for antiquing at several charming antique shops and for savoring local cuisine at the heart of the city's small downtown dining venues.