Rent to own Homes in Roseburg, OR
Drive through the beautiful town of Roseburg, Oregon, located at the confluence of the North and South Umpqua Rivers in Southwestern Oregon, and one can see why the town's motto is "Timber Capitol of the Nation." Roseburg Forest Products was founded in 1936 and is the largest employer in town. Roseburg's climate, classified as Mediterranean, provides mild wet winters and long dry summers, ideal for timber growth.
Roseburg, OR is a great place for affordable rent-to-own homes! With a median household income of over $47,920 and a median rent of $934, the Roseburg, 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 Roseburg, 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 Roseburg, OR
Neighborhoods in Roseburg, OR
Laurelwood rent to own homes Mill Pine Historic District rent to own homes West Avenue rent to own homes Downtown Roseburg Historic District rent to own homes Heart Of Roseburg rent to own homes Edenbower rent to own homes Hucrest rent to own homes West Harvard rent to own homesPopular Zip Codes in Roseburg, OR
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Roseburg, OR is seeing rapid growth and Roseburg, OR's' housing market remains optimal with an average home price that is -5% below the 2024 national average. Roseburg, OR is part of Douglas 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 Douglas is 0.67% which is below the national average, which is 0.99%.
Median Home Price in Roseburg, OR
Median Rent in Roseburg, OR
Top 5 Reasons to Live in Roseburg, OR
Mild climate year round! It is easy and fun to take part in outdoor activities throughout the year. The weather in Roseburg is mild and wet in the winter and warm and dry in the summer which makes hiking in the nearby Cascade Mountains and biking through the Umpqua Valley enjoyable year round. The town of Roseburg boasts 57 bicycle trails from amateur to expert levels. The sparkling South Umpqua river, world famous for its fly fishing, runs through town creating spectacular vistas.
Great home prices! With housing still affordable in the city, it is easy to buy a home. Roseburg has seen a slight increase in home prices in the last year, but averages are still far below big city prices. Properties for sale are prevalent and there are many opportunities to rent or rent to own. With the city located half way between majestic Diamond Lake in Oregon's Cascade Mountains and the Pacific Coast, it is easy to find great scenery right in your own backyard by moving here.
Great for business! Businesses are relocating to Roseburg because of the favorable business community. You will find many businesses with local roots, including Umpqua Bank, which was ranked number 34 in Fortune Magazine's 100 best companies to work for and is now a multi-million-dollar and multi-state business, along with Ingram Books and 7 Feathers Casino.
Sip great wine! Roseburg's surrounding area is home to several wineries thanks to the temperate grape-friendly climate. Visitors are welcome at any one of Roseburg's multiple vineyards including Spangler Vineyards, famous for its big bold reds. Hillcrest Winery, considered the birthplace of Oregon's Pinot Noir industry, is still family owned and operated.
Buyer's paradise! Roseburg's beautiful and historic downtown will never disappoint. Drool over the veal scaloppine at Dino's Ristorante or just stop in for a cup of coffee at Javarun on Stephens. The bustling downtown area is a short walk or quick drive to several neighborhoods, and with median house prices under $200,000, the sales market is very attractive.