Rent to own Homes in Rocky River, OH
Rocky River is a suburb of Cleveland, located adjacent to the Cuyahoga river and along the shore of Lake Erie. With a population of about 20,000, it is a pleasant and picturesque residential area located only about 10 miles from downtown's Public Square. The Reservation, a park area along the river, is a favorite destination for locals with opportunities for boating, fishing, cycling, horseback riding, hiking, snowshoeing, cross-country skiing, and enjoying nature in all seasons.
Rocky River, OH is a great place for affordable rent-to-own homes! With a median household income of over $81,370 and a median rent of $898, the Rocky River, 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 Rocky River, 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 Rocky River, OH Property Resources
Rent to own Homes in Cities Near Rocky River, OH
- Bay Village
- Bedford Heights
- Berea
- Boston Heights
- Broadview Heights
- Brooklyn
- Columbia Station
- Cuyahoga Falls
- Elyria
- Euclid
- Fairlawn
- Glenwillow
- Grafton
- Highland Heights
- Hudson
- Independence
- Lakewood
- Linndale
- Litchfield
- Lorain
- Lyndhurst
- Macedonia
- Maple Heights
- Medina
- Middleburg Heights
- Montrose-Ghent
- Moreland Hills
- North Olmsted
- North Ridgeville
- Norton
- Olmsted Falls
- Orange
- Parma
- Parma Heights
- Peninsula
- Pigeon Creek
- Richfield
- Richmond Heights
- Rocky River
- Shaker Heights
- Sharon Center
- Sheffield
- Sheffield Lake
- Solon
- South Euclid
- Twinsburg Heights
- University Heights
- Valley City
- Westlake
- Woodmere
Neighborhoods in Rocky River, OH
No neighborhoods foundPopular Zip Codes in Rocky River, OH
44116 rent to own homesBuying a Home in Rocky River, OH
Rocky River, OH is seeing rapid growth and Rocky River, OH's' housing market remains not optimal with an average home price that is 20% above the 2024 national average. Rocky River, 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 Rocky River, OH
Median Rent in Rocky River, OH
Top 4 Reasons to Live in Rocky River, OH
Diverse Housing! Rocky River boasts historic homes as well as new housing developments, cluster homes, townhouses and over 1,200 businesses. There are many local retail shops and restaurants in addition to corporate offices. Two private clubs, Westwood Country Club and the Cleveland Yachting Club, call Rocky River home. There are affordable options for a rent to own home near the river and local shopping. The Detroit Ave. District is pretty and popular.
Sports Fans Abound! Whether you're an active participant in sports or an active professional fan, there are plenty of reasons to sport your team's favorite colors. You can play on numerous fields in the local parks, easily get to Cleveland for live action when the Browns, Indians or Cavaliers play, or cheer on your favorite team at Rocky River Brewing Co. The local brewpub was founded in 1998 and has an official Cleveland Browns Backers Club. Another favorite gathering spot is The Market, known for its craft beer and unusual appetizers. Try the fried truffle mac & cheese sticks or pretzel crusted pickle chips.
Home Prices Going Up: This is a good time to look for property in Rocky River. Even though the median price has appreciated 3.3 percent in the past year to just under $208,000, real estate professionals predict that prices will continue to climb in the future. Locking in a rental house could be a smart move. More than 70 percent of local households participate in a voluntary recycling program, and the city even picks up leaves and yard clippings. Compost piles are not only permitted in the community, but encouraged. Look for properties along Hilliard Blvd or Avalon Dr.
Get Fit Around Town! You'll want to have a car available, but you can also enjoy walking, biking, running or hiking along local trails. Stay fit at Civic Center facilities, skate at the Hamilton Ice Arena, canoe in the river, or fly a kite in one of the city parks. When the weather turns cold and snowy, visit the city's Public Library, take in the Cowen Pottery Museum, or look for bargains at Old River Shopping Plaza and Beachcliff.