Rent to own Homes in Cleveland, TN
Small town living; big city conveniences! As part of the Chattanooga metro area, Cleveland has the small town feel of a charming Main Street with dining at Lupi Pizza Pies and shopping at The Red Ribbon. Need to shop at a chain store? Chattanooga is just a short drive to the southwest.
Cleveland, TN is a great place for affordable rent-to-own homes! With a median household income of over $44,542 and a median rent of $786, the Cleveland, TN 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 Cleveland, TN. 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 Cleveland, TN Property Resources
Rent to own Homes in Cities Near Cleveland, TN
- Apison
- Benton
- Birchwood
- Calhoun
- Charleston
- Chattanooga
- Cisco
- Cleveland
- Cohutta
- Collegedale
- Conasauga
- Crandall
- Dalton
- Dayton
- Decatur
- Delano
- East Cleveland
- East Ridge
- Falling Water
- Flat Top Mountain
- Fort Oglethorpe
- Georgetown
- Graysville
- Harrison
- Hixson
- Hopewell
- Indian Springs
- Lakesite
- Lakeview
- Lupton City
- Mc Donald
- Middle Valley
- Mowbray Mountain
- Ocoee
- Old Fort
- Ooltewah
- Red Bank
- Reliance
- Riceville
- Ridgeside
- Ringgold
- Rocky Face
- Sale Creek
- Soddy-Daisy
- South Cleveland
- Tunnel Hill
- Varnell
- Walden
- Wildwood Lake
Neighborhoods in Cleveland, TN
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No zip codes foundBuying a Home in Cleveland, TN
Cleveland, TN is seeing rapid growth and Cleveland, TN's' housing market remains optimal with an average home price that is -19% below the 2024 national average. Cleveland, TN is part of Bradley 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 Bradley is 0.58% which is below the national average, which is 0.99%.
Median Home Price in Cleveland, TN
Median Rent in Cleveland, TN
Top 8 Reasons to Live in Cleveland
It's a buyer's market! The average listing price of homes in Cleveland have decreased almost 3% over the last year, so now is the perfect time to find a rent to own home in popular neighborhoods like Fairview of Hopewell, both in the northwest corner of the city.
Attractions all around! As the center of the Ocoee Region, Cleveland has plenty of attractions all around the city. Whitewater raft on one of the two rivers, Ocoee and Hiwassee, that flow through Cherokee National Forest in neighboring Polk County. Nature lovers will want to check out the beautiful flowers and trees in bloom at the arboretum at the Ocoee Regional Nature Center. Once the Bradley County Landfill, the arboretum's eight acres of land is now home to more than 30 different species of trees, a bog garden, gazebo and pond.
Live on MainStreet! MainStreet Cleveland is dedicated to preserving the historic feel of the downtown area. Real estate agencies like Jones Properties and Presswood & Associates specialize on finding historic properties for sale or rent to own.
Community events! Fall is a popular time for festivals in Cleveland. The Cleveland Apple Festival kicks off the festivities with bluegrass music, a hayride and food booths. The MainStreet Cleveland Halloween Block Party ends the month with a bang. The holiday event is really a celebration for "Tall Betsy," the so called "official Halloween goblin of Bradley County."
Home appreciation rates are rising! Homes have appreciated 67% in Cleveland since 1990, with the downtown, Rolling Brook and Black Fox neighborhoods all seeing increases of more than 100%! Appreciation values this high makes choosing rent to own houses a smart bet!
Enjoy an active lifestyle! Walk the 4.4 mile long Cleveland/Bradley County Greenway path along South Mouse Creek, or play basketball or other sports at the College Hill Recreation Center. Fletcher Park has bike trails and a fishing pier, while the Mosby Pool has a water splash pad for tons of summer fun!
Arts are alive here! The Allied Arts Council works hard to keep the arts active in Cleveland. Its "Chair-ries Jubilee" annual auction raises money or arts related activities in the city, while the Evening Shade Concerts in the Park are a free way to hear some great music. The concerts are held every Friday night in May in downtown's Johnston Park.