Rent to own Homes in Xenia, OH
Greek for hospitality, Xenia is one town that lives up to its name. The town still strives to uphold that standard. Founded in 1803, the same year Ohio became a state, the small city is now home to about 26,000 people. Located just 21 miles from Dayton, it's close enough to commute if needed. This is a resilient town that has come back admirably after more than half the city was destroyed by a tornado in 1974.
Xenia, OH is a great place for affordable rent-to-own homes! With a median household income of over $46,202 and a median rent of $744, the Xenia, 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 Xenia, 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 Xenia, OH Property Resources
Rent to own Homes in Cities Near Xenia, OH
- Beavercreek
- Bellbrook
- Brandt
- Brookville
- Carlisle
- Casstown
- Cedarville
- Christiansburg
- Clarksville
- Clifton
- Corwin
- Dayton
- Donnelsville
- Englewood
- Enon
- Fairborn
- Farmersville
- Five Points
- Franklin
- Germantown
- Green Meadows
- Harveysburg
- Holiday Valley
- Huber Heights
- Hunter
- Lebanon
- Mason
- Medway
- Miamisburg
- Middletown
- Monroe
- Moraine
- New Carlisle
- New Lebanon
- North Hampton
- Oregonia
- Park Layne
- Phillipsburg
- Riverside
- Roachester
- South Lebanon
- Springboro
- Spring Valley
- Troy
- Union
- Vandalia
- Waynesville
- West Carrollton
- West Milton
- Wilberforce
Neighborhoods in Xenia, OH
No neighborhoods foundPopular Zip Codes in Xenia, OH
45385 rent to own homesBuying a Home in Xenia, OH
Xenia, OH is seeing rapid growth and Xenia, OH's' housing market remains optimal with an average home price that is -50% below the 2024 national average. Xenia, OH is part of Greene 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 Greene is 1.59% which is above the national average, which is 0.99%.
Median Home Price in Xenia, OH
Median Rent in Xenia, OH
6 Reasons to Love Living in Xenia, Ohio
Bike capital of the Midwest! That's how Xenia bills itself, and there's good reason. Bike trails radiate outward from Xenia Station, which is the central hub to the largest paved trail system in Ohio. Over 170 miles of trails tie into the hub. Riders can connect to the nearby Dayton trail network as well.
Value in homes! The low median sales price $120,000 for late 2014 means homes are very affordable and persons looking for rent to own options should be able to find them. Locals and tourists alike get to enjoy the performances of the Xenia Area Community Theater, which celebrates it's 10th anniversary in the 2014-15 season. Get a unique view with Xenia's own Skydive Greene County when you jump out of a perfectly fine plane.
Beautiful parks and green space! In addition to the trail system, the city has lovely community recreation facilities. James Ranch has a large green area and baseball fields. Nearby Pierce County Park is heavily wooded. Sol Arnovitz Park is a mixture of open areas and trees, and Shawnee Park is another neighborhood jewel.
Very strong real estate market growth! The average listing price near the end of 2014 of $178,252 was actually down from the year before, but the median sales price was up a very strong 12.3 percent for the same period, representing a market that full of promise. Rent to own homes here are likely to be a sound investment. Look for apartment rentals at Deer Creek of Xenia or search the Monroe neighborhood houses.
Great local restaurants! Nick's on Detroit St. is home to Big Nick burgers and fiery wings, each loved by locals for decades. The Dairy Station, also on Detroit St., serves up delicious ice cream and treats.
East 2nd St. Historic District! This area is on the National Register of Historic Places and is home to lovely examples of period architecture. See the second oldest active water tower in the United States on N. Patton St. or the town's old railroad station on Miami Avenue.