Rent to own Homes in Wilkes-Barre, PA
A city of festivals! Wilkes-Barre plays host to a variety of festivals over the course of a year. The Cherry Blossom Festival, featuring song and dance, takes place every year in Kirby Park. The Mayday! Music Festival benefits the Armed Forces and features local music and art, and is also in Kirby Park.
Wilkes-Barre, PA is a great place for affordable rent-to-own homes! With a median household income of over $40,505 and a median rent of $757, the Wilkes-Barre, 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 Wilkes-Barre, 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 Wilkes-Barre, PA Property Resources
Rent to own Homes in Cities Near Wilkes-Barre, PA
- Bear Creek Village
- Blakeslee
- Browntown
- Chase
- Clarks Summit
- Courtdale
- Dallas
- Drums
- Dunmore
- Duryea
- Falls
- Foundryville
- Glenburn
- Harleigh
- Hazleton
- Hilldale
- Holiday Pocono
- Hughestown
- Inkerman
- Jeddo
- Kelayres
- Lake Winola
- Nescopeck
- Nesquehoning
- Noxen
- Old Forge
- Pardeesville
- Penn Lake Park
- Pocono Lake
- Pringle
- Scranton
- Sheatown
- Shickshinny
- Silkworth
- Sugarloaf
- Swoyersville
- Taylor
- Throop
- Tresckow
- Tunkhannock
- Upper Exeter
- Wapwallopen
- Warrior Run
- Waverly
- Weatherly
- West Falls
- West Hazleton
- West Nanticoke
- West Wyoming
- Yatesville
Neighborhoods in Wilkes-Barre, PA
No neighborhoods foundPopular Zip Codes in Wilkes-Barre, PA
18701 rent to own homes 18765 rent to own homes 18705 rent to own homesBuying a Home in Wilkes-Barre, PA
Wilkes-Barre, PA is seeing rapid growth and Wilkes-Barre, PA's' housing market remains optimal with an average home price that is -64% below the 2024 national average. Wilkes-Barre, PA is part of Luzerne 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 Luzerne is 1.4% which is above the national average, which is 0.99%.
Median Home Price in Wilkes-Barre, PA
Median Rent in Wilkes-Barre, PA
Top 8 Reasons to Live in Wilkes-Barre
Incredible values! With an average listing price of only $96,000, Wilkes-Barre is one of the most affordable cities for property in Pennsylvania. Neighborhoods like Rolling Mill Hill and Newton are great places to look for deals on houses for sale by owner or rent to own homes.
Green spaces! Whether you just want to enjoy a walk along the river in the River Commons or do some serious hiking in Seven Tubs Nature Area, Wilkes-Barre has plenty of the outdoors to be enjoyed. Nearby Ricketts Glen State Park, a National Natural Landmark, is also home to fishing, boating, hunting and lots of trails for hiking.
Historic housing! Live in a piece of history -- over half of the houses in Wilkes-Barre are considered historic, being a century old or more. Storied neighborhoods, such as Mayflower and North End, feature old, interesting homes and architecture and are the perfect place to start your search for a home to purchase or rent to own.
Fun at the Sun! Whether it's slots, comedy or national entertainment, Mohegan Sun at Pocono Downs provides a center of entertainment for all ages. The Mohegan Sun Arena at Casey Plaza, meanwhile, is home to the Wilkes-Barre/Scranton Penguins of the American Hockey League, as well as lots of other events, such as Sesame Street Live.
Rent or own! Wilkes-Barre is evenly split between renters and owners, so if you're looking to rent, buy or rent to own, it's equally as easy. Start your search in a community like South Wilkes-Barre or Miners' Mills, which is prime territory for renters.
Growing arts community! With places like the F.M. Kirby Center for the Performing Arts, the Little Theatre of Wilkes-Barre and the Dorothy Dickson Darte Center for the Performing Arts, performance art is grabbing quite a foothold in the city.
Plenty of options! Wilkes-Barre has a great variety of homes that are up for sale. With over 200 properties on the market, you will be able to find a fitting property, from three-bedroom detached rent to own houses in Parsons to one-bedroom row homes in the Downtown area. With median rental prices hovering at $470, it's definitely the right time to check out Wilkes-Barre.