Rent to own Homes in Altoona, PA
Amazing Cultural Exhibits! In 1846, the Baker Mansion was built. It features 32 large rooms that contain American Indian artifacts, as well as artifacts from the railroads. The Mansion is the home to the Blair County Historical Society and holds many community events such as large Easter egg hunts, WWII exhibits and even exhibits on famous musicians, such as the Beatles.
Altoona, PA is a great place for affordable rent-to-own homes! With a median household income of over $42,244 and a median rent of $701, the Altoona, PA 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 Altoona, PA. 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 Altoona, PA Property Resources
Rent to own Homes in Cities Near Altoona, PA
- Alum Bank
- Blue Knob
- Broad Top
- Brooks Mill
- Canan Station
- Canoe Creek
- Clappertown
- Cove Forge
- Cresson
- Cross Keys
- Curryville
- Dumb Hundred
- East Altoona
- East Sharpsburg
- Ebensburg
- Eldorado
- Entriken
- Frankstown
- Geeseytown
- Hesston
- Homewood At Martinsburg
- Imler
- James Creek
- Jugtown
- Larke
- Loop
- Loysburg
- Martinsburg Junction
- Mc Kee
- Moores Mill
- New Enterprise
- Newry
- Oreminea
- Portage
- Puzzletown
- Reese
- Royer
- Saxton
- Shelltown
- Shellytown
- Skelp
- Ski Gap
- Spring Hill
- Sproul
- Sunbrook
- Todd
- Warriors Mark
- Wilmore
- Woodbury
- Wopsononock
Neighborhoods in Altoona, PA
Knickerbockers rent to own homes Downtown Altoona rent to own homes Westfall rent to own homes Garfield rent to own homes Logan Hills rent to own homes Dutch Hill rent to own homes Little Italy rent to own homes Center City rent to own homes Calvert Hills rent to own homes Eleventh Ave District rent to own homesPopular Zip Codes in Altoona, PA
16602 rent to own homesBuying a Home in Altoona, PA
Altoona, PA is seeing rapid growth and Altoona, PA's' housing market remains optimal with an average home price that is -57% below the 2024 national average. Altoona, PA is part of Blair 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 Blair is 1.05% which is above the national average, which is 0.99%.
Median Home Price in Altoona, PA
Median Rent in Altoona, PA
Top 10 Reasons to Live in Altoona, PA
Tenant-Friendly Population! Finally, a place where you can find plenty of rental homes and rent to own homes! Logantown, Fairview or Dutch Hill are great neighborhoods to check out, with the average three-bedroom home listed at $750 per month.
A Warm, Friendly Atmosphere! Downtown Altoona has been renovated to create a warm and inviting atmosphere. On the Eleventh Avenue, you can go see live concerts, enjoy beautiful murals created by local artists, and even get fresh fruits and vegetables at the farmers markets. Popular landmarks include the Mishler Theater and the Cathedral of the Blessed Sacrament.
Antiques! If you love antiques, Altoona is a great spot for you. Check out the Mad Lion Gallery, David Donnelly Antiques and the Antique Depot.
Low Rental Costs! The gross rent for rent to own homes and all other rental properties in Altoona was reported as being only $530 per month in 2011. The low monthly rental cost for the rental homes makes it possible to spend your money on the other fun things in Altoona, like Horseshoe Curve or the National Railroaders Memorial Museum.
Give in to your Sweet Tooth! One of the greatest candy makers of all time has been located in Altoona since 1897. Gardner's Candy has one-of-a-kind sweets and treats such as hand-dipped ice creams available in a variety flavors and numerous handmade candies available. If that's not enough to satisfy you, try out Boyer's Candy too!
Amazing Architecture for Rent! The buildings in Altoona feature a combination of Neo-Romanesque, Edwardian Baroque and Victorian styles. The high ceilings, detailed moldings and architectural intricacies give the buildings character and are sure to give your interior designer an opportunity to shine in neighborhoods like Downtown and Center City. Nearly 30% of homes here are renter-occupied, so listings are plentiful.
Trains! In addition to the Amtrak station to make getting around a lot simpler, The Railroaders Museum has many artifacts that depict the evolution of the railroad. Movies are played in the theater every hour and there are picnic areas to enjoy a nice lunch by the tracks.
Hit the Slopes and Have Fun! The Altoona Ridge Lodge has everything you could ever want when it comes to an outdoor adventure. The annual Alleghenies Adventure Outdoor Show in January can show you all kinds of fun things to do in outdoor Altoona.
Unbelievably Low Property Taxes! The median real estate rates for houses with or without mortgages in Altoona was only 1% in 2011. That means that property owners are able to price rent to own houses at unbelievably affordable prices. If you are planning to invest in a rent to own property, it will be nice to know that you are only going to be paying 1% in property tax for the property, whether you choose a home in Pleasant Valley, Eldorado or Greenwood.