Rent to own Homes in Shaker Heights, OH
The city of Shaker Heights was officially established in 1912, just before WWI. From the very beginning, the city has always been committed to creating a real sense of community and being the kind of place where people live their entire life. This has been done by keeping the crime rate low, the employment rate high, providing plenty of housing options and making sure there's plenty of community wide events everyone can participate in.
Shaker Heights, OH is a great place for affordable rent-to-own homes! With a median household income of over $88,635 and a median rent of $1,012, the Shaker Heights, 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 Shaker Heights, 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.
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Rent to own Homes in Cities Near Shaker Heights, OH
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- Bedford Heights
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- Brooklyn
- Chardon
- Chesterland
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- Reminderville
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Neighborhoods in Shaker Heights, OH
No neighborhoods foundPopular Zip Codes in Shaker Heights, OH
44120 rent to own homesBuying a Home in Shaker Heights, OH
Shaker Heights, OH is seeing rapid growth and Shaker Heights, OH's' housing market remains not optimal with an average home price that is 11% above the 2024 national average. Shaker Heights, 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 Shaker Heights, OH
Median Rent in Shaker Heights, OH
Top 7 Reasons to Live in Shaker Heights, OH
Plenty of public transportation! Even though most Shaker Heights residents do maintain their own car, most people rely on the city's excellent public transportation to help them get from Point A to Point B. The size and quality of the public transportation services in Shaker Heights are high quality for such a small town. Take the Green Line, which starts downtown and goes to Green Road in Shaker Heights, or the Blue Line, which starts downtown and goes to Warrensville Center and Chagrin Roads, of the Shaker Rapid Transit.
Restaurants to fulfill every craving! For some good music and a laid-back atmosphere, check out Rudy's Pub, which offers football on the big screen on Sundays and karaoke on Wednesdays. If you're craving some authentic Mexican food, try Los Habaneros Authentic Mexican Restaurant.
Community Garden! It doesn't matter if you decide to purchase or rent a Shaker Heights home that doesn't have land attached to it, you can still enjoy the pleasure that comes from growing your own food. The Community Gardens of Shaker Heights does an excellent job of locating and utilizing vacant parcels of land for large community gardens. Not only does this provide residents with an excuse to spend time outside, but it also reduces air pollution and encourages a strong sense of community. The community gardens are free of pesticides and everything is grown organically. For an example, stop by the community garden on Daleford, started in 2012.
Excellent Fresh Produce Market! If you want to get your food fresh, but don't want to take the trip to Cleveland for the Farmer's Market, check out the Fresh Market. The Fresh Market is like a cross between Whole Foods and Trader Joe's, where the food is healthy and fresh and you can get every thing you need. If, by chance, the Fresh Market doesn't have something you need, buzz on by Heinen's Grocery Store to finish up your shopping.
Plenty of housing options! More than half of the residential properties in Shaker Heights are privately owned, but there are some rent to own homes available, as well as many one-, two-, and three-bedroom apartments scattered throughout town. Check out the rental homes around Ardmore Road or Lansmere Road to try and make your rent to own deal.
Gorgeous Buildings! It doesn't matter if someone is looking for a house they can buy or one they can rent, they'll be taken aback by how all of the buildings in Shaker Heights flow together and seem to mesh architecturally-wise, which helps create a beautiful and unified city. If you're looking to buy a house, check out the neighborhood of Townley Road. If an apartment is more you're speed, check out The Drake on Van Aken Boulevard.