Rent to own Homes in Warren, OH
Great Vacancy Rate! A 17.07% vacancy rate means you can shop around until you find the perfect home. Start your search in Bolindale or Brookside park to find the best deals.
Warren, OH is a great place for affordable rent-to-own homes! With a median household income of over $27,108 and a median rent of $658, the Warren, 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 Warren, 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 Warren, OH Property Resources
Rent to own Homes in Cities Near Warren, OH
- Austintown
- Beloit
- Berlin Center
- Boardman
- Bolindale
- Brookfield
- Brookfield Center
- Columbiana
- Craig Beach
- Deerfield
- East Palestine
- Edinburg
- Fowler
- Girard
- Hilltop
- Howland Center
- Hubbard
- Kinsman Center
- Lake Milton
- Leavittsburg
- Lordstown
- Maplewood Park
- Masury
- McDonald
- McKinley Heights
- Mineral Ridge
- Morgandale
- Newton Falls
- New Waterford
- Niles
- North Benton
- North Bloomfield
- North Jackson
- North Lima
- Oakwood
- Orangeville
- Petersburg
- Poland
- Pulaski
- Salem
- Snpj
- Struthers
- Transfer
- Vienna
- Warren
- Washingtonville
- West Farmington
- Woodworth
- Yankee Lake
- Youngstown
Neighborhoods in Warren, OH
No neighborhoods foundBuying a Home in Warren, OH
Warren, OH is seeing rapid growth and Warren, OH's' housing market remains optimal with an average home price that is -70% below the 2024 national average. Warren, OH is part of Trumbull 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 Trumbull is 1.38% which is above the national average, which is 0.99%.
Median Home Price in Warren, OH
Median Rent in Warren, OH
Top 8 Reasons to Live in Warren, OH
A Buyer's Market! Using the 2008 to 2012 data, usa.com puts Warren's median house values at $67,000. Compared to the state average of $133,700, the price of real estate here is a steal. With renters accounting for more than a quarter of home occupants, the rent to own opportunities are an option new buyers can explore.
Have Your Pick of Character Homes! Say goodbye to cookie-cutter houses and start thinking in terms of getting to know potential rent to own houses on an individual basis. 29.9% of Warren's houses were built from 1920 to 1939 and 35.5% were built from 1940 to 1959. A sizable 13.9% were built between 1900 and 1919! Homes don't get any more unique than this.
Lower Housing Costs! The cost of housing is very low compared to other places. The median monthly costs for homeowners are dramatically below both the state and the national average; the median home value sits at an affordable $62,236. If you've been checking out rent to own houses, this is your chance to splurge a little.
Relax on the Golf Course, Practice Your Swing in the Batting Cages! Victoria Golf Course offers you a state of the art course every time you hit the green. For those who aren't ready for the pro-level course or are perhaps seeking some variety, Putt-Putt & Batting Cages is another place you can go. If you're in the mood for peace and quiet, the Riverwalk Ampitheatre Campus lets you take walks.
Interact with History! Warren is home to several museums dedicated to preserving history. You can visit the John Stark Edwards House Museum for a taste of local history before skipping to the Upton House to see how a leading figure in the suffrage movement lived. Meanwhile, National Packard Museum is sure to impress your inner car enthusiast.
Love the Arts! Between Turnball Art Gallery and W.D. Packard Music Hall, people who support the arts will always have something to do. Check out some exhibits or head to the hall for some excellent music.
Stay for the Food! Lovers of Italian cuisine have come to the right place. Head over to either Buena Vista Cafe or Abruzzi's Cafe 422 for a sampling of what Warren has to offer. For even more variety, try Sakura Japanese Steakhouse or the Mocha House.