Rent to own Homes in Ashland, OR
Ashland has become a tourist draw for its Shakespeare Festival, but it is also home to Southern Oregon University, which provides a vibrant and eclectic vibe to this small city near the California border. The downtown area is studded with unique shops and restaurants with a creative flair like the Roasted Zombie Heads at the Open Range restaurant. Of course, fine dining is to be found also, at places like Alchemy Restaurant. Shakespeare might approve of both!
Ashland, OR is a great place for affordable rent-to-own homes! With a median household income of over $58,364 and a median rent of $1,103, the Ashland, OR 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 Ashland, OR. 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 Ashland, OR
Neighborhoods in Ashland, OR
Central Ashland rent to own homes Mountain Ranch rent to own homes Oak Knoll rent to own homes Normal rent to own homes University District rent to own homes North Ashland rent to own homes Mountain Meadows rent to own homes East Ashland rent to own homes South Ashland rent to own homes Railroad Historic District rent to own homesPopular Zip Codes in Ashland, OR
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Ashland, OR is seeing rapid growth and Ashland, OR's' housing market remains not optimal with an average home price that is 116% above the 2024 national average. Ashland, OR is part of Jackson 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 Jackson is 0.73% which is below the national average, which is 0.99%.
Median Home Price in Ashland, OR
Median Rent in Ashland, OR
Top 5 Reasons to Move to Ashland, OR
Shakespeare in the Park! The Oregon Shakespeare Festival is one of the most well known festivals in the United States. With plays at three theaters, this community event has grown to become one of the largest regional theaters in the country. The festival is held within Lithia Park, which dominates the downtown area. Much of the park is on the National Register of Historic Places. You can have a lovely walk along Ashland Creek and enjoy the ponds, gardens, and public green space. In summer, there is music on the outdoor stage.
Home values are rising! The good news is that home values have gone up 6.3% in Ashland over the last year. Maybe it's the nice weather, but Ashland is attracting new renters and buyers all the time. Also, the majority of homes for sale in Ashland are in the mid-price range, making this city affordable for a wide range of buyers. Celebrate your new home with a pancake and walnut butter brunch at Morning Glory or a glass of wine and truffle popcorn at Liquid Assets.
So many outdoor options! If you love both coasts and mountains, you don't have to choose if you live in the city of Ashland. The community is situated right on Interstate 5, providing convenient access to California in the south and Eugene, Oregon in the north. Coastal towns like Crescent City are just a couple of hours away, and if you need some fresh mountain air, just head east. The Cascade-Siskiyou National Monument is less than an hour away and provides spectacular scenery.
Neighborhoods that feel like home! From the cozy Cottage District to the modern Mountain Ranch subdivision, Ashland has plenty of options for homes for sale, homes for rent, and rent to own homes. The only real problem is deciding which area of town fits your style. Stay close to town and find a little bungalow, or head to the outskirts and buy a small ranch. Whatever your preferences, Ashland has it all!