Rent to own Homes in Monroeville, PA
Located approximately 15 miles from Pittsburgh, Monroeville is a popular suburb with a population of 28,386. Because the city is home to several shopping centers and commercial office parks, Monroeville has a growing economy that has helped make it one of the most desirable cities in the state. From shopping at the Monroeville Mall to annual events like the Independence Day Festival, the city offers numerous activities for residents of any age.
Monroeville, PA is a great place for affordable rent-to-own homes! With a median household income of over $70,634 and a median rent of $1,049, the Monroeville, 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 Monroeville, 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 Monroeville, PA Property Resources
Rent to own Homes in Cities Near Monroeville, PA
- Adamsburg
- Arnold
- Arona
- Avonmore
- Ben Avon
- Ben Avon Heights
- Boston
- Brackenridge
- Braddock
- Braddock Hills
- Cabot
- Callery
- Cheswick
- Churchill
- Clairton
- Collinsburg
- Delmont
- Dravosburg
- Elizabeth
- Ford Cliff
- Grapeville
- Greenock
- Greensburg
- Green Tree
- Harrison City
- Herminie
- Irwin
- Jeannette
- Jefferson Hills
- Kiskimere
- Liberty
- Lincoln
- Madison
- Manor
- McKeesport
- Mc Kees Rocks
- Monroeville
- New Stanton
- Pitcairn
- Ruffs Dale
- South Park
- South Park Township
- Tarentum
- Vandergrift
- Versailles
- West Elizabeth
- West Kittanning
- Westmoreland City
- West Newton
- Yukon
Neighborhoods in Monroeville, PA
No neighborhoods foundPopular Zip Codes in Monroeville, PA
15146 rent to own homesBuying a Home in Monroeville, PA
Monroeville, PA is seeing rapid growth and Monroeville, PA's' housing market remains optimal with an average home price that is -29% below the 2024 national average. Monroeville, PA is part of Allegheny 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 Allegheny is 2.22% which is above the national average, which is 0.99%.
Median Home Price in Monroeville, PA
Median Rent in Monroeville, PA
Top 5 Reasons to Live in Monroeville, PA
Calling all film and TV lovers! Despite its size, Monroeville has been referenced in many television shows and movies. In the show Scrubs, Dr. Kelso claims that his family settled in Monroeville in the neighborhood of Monroe Heights, while the 2008 movie Diary of the Dead was filmed, in part, at the Monroeville Community Center.
Shop 'till you drop! Opened in 1969 and renovated in 2004, the Monroeville Mall has more than 1,000,000 square feet of retail space on 170 acres. As the second largest mall in Pennsylvania, the center is home to anchor stores like Barnes & Noble, Cinemark Theatres and Dick's Sporting Goods. William Penn Highway is home to stores like Target and Kohl's.
Home values are on the rise! Monroeville's median home value rose 12.4 percent in 2014 to $131,800. With the figure expected to grow another 3.8 percent in 2015, now is the time to buy a property with instant equity in a neighborhood like Forbes Road or Monroeville Boulevard.
Take advantage of price cuts! With 53.8 percent of listings in Monroeville experiencing a price cut, buyers are often able to negotiate deals below market value. With more than 100 homes for sale in the city, prospective buyers have the advantage of being picky when looking for their dream residence. Great rent to own homes are available in neighborhoods like Rico Road and Northern Pike.
Meet your neighbors at local events! Be sure to keep your calendar open for Froggy's Hometown New Year's Eve Party. This party is held at the Monroeville Convention Center and features live music, dancing, food, fun and drinks. Celebrate the Fourth of July at the Monroeville Independence Day Festival at the Town Hall. Events include a BBQ feast of delicious food from local restaurants, an awesome fireworks display and a pie-eating competition.