Rent to own Homes in Hermitage, PA
First settled in 1796, then incorporated in 1832 as Hickory Township, Hermitage now has a growing population of over 16,000. With its land area mass of nearly 30 square miles, the town is the third largest in Pennsylvania. Hermitage's most notable residents include Rod White, a former U.S. Olympic archer and former football player Andre Coleman. Named the best city in Pennsylvania by the consumer financial site CreditDonkey, Hermitage is a city many residents feel proud to call home.
Hermitage, PA is a great place for affordable rent-to-own homes! With a median household income of over $58,209 and a median rent of $774, the Hermitage, 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 Hermitage, 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 Hermitage, PA Property Resources
Rent to own Homes in Cities Near Hermitage, PA
- 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 Hermitage, PA
No neighborhoods foundPopular Zip Codes in Hermitage, PA
16148 rent to own homesBuying a Home in Hermitage, PA
Hermitage, PA is seeing rapid growth and Hermitage, PA's' housing market remains optimal with an average home price that is -32% below the 2024 national average. Hermitage, PA is part of Mercer 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 Mercer is 1.47% which is above the national average, which is 0.99%.
Median Home Price in Hermitage, PA
Median Rent in Hermitage, PA
Top 6 Reasons to Live in Hermitage
Great restaurant options! With many great restaurant options in Hermitage, residents can experience many different cuisines, including American, Asian, and Italian. Combine Brothers serves pastas with many sauce options, pizzas with multiple toppings, and fresh salads. Hickory Bar and Grill includes many fine dining choices including steaks, hamburgers, and seafood.
Explore the outdoors! Whether playing golf, hiking, or relaxing in a park, Hermitage has multiple options for spending time in the great outdoors. Hell's Hollow Wildlife Adventure Trail features a four-mile path for hiking, in a rustic and relaxing setting. Bedford Hills Golf Course includes an 18-hole course, perfect for a weekend game. Wagon Trails Animal Park offers a safari adventure without leaving the U.S. Animals seen during the safari include zebras, camels, and water buffalo. For those looking for boating and fishing activities, Shenango River Lake offers over five square miles of relaxing water based activities.
Rising real estate values! With property values on the rise, now is a great time to purchase a home in Hermitage. There are also many purchase options including rent to own. Check out FM Corners in the southeast for great deals.
Access to great shopping! Living in Hermitage means having access to many shopping destinations. The Shenango Valley Mall includes dozens of brand name stores. The nearby Clearview Mall features many options for clothing, home goods, gifts, and sporting goods.
Many home options and neighborhoods! Hermitage includes many charming older houses as well as new modern properties. There are also many great neighborhood options including Neshannock and City Center, both of which offer many options for finding the perfect property.
Access to entertainment! There are many options for watching the latest movies. Hermitage Cinema 8 shows the latest Hollywood blockbusters. Nearby Shenango Valley Cinemas features high-quality movies as well as a party room for special events.