Rent to own Homes in Aberdeen, WA
Incorporated only 6 years after being founded in 1884, Aberdeen is a city located in Grays Harbor County, Washington. It has a population of just about 16,000 and occupies approximately 12.4 square miles of land. Though the area is commonly known for being the hometown of singer Kurt Cobain, there is plenty that this small city can offer its citizens, including a great tight-knit community.
Aberdeen, WA is a great place for affordable rent-to-own homes! With a median household income of over $42,203 and a median rent of $818, the Aberdeen, WA 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 Aberdeen, WA. 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.
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Aberdeen, WA is seeing rapid growth and Aberdeen, WA's' housing market remains optimal with an average home price that is -34% below the 2024 national average. Aberdeen, WA is part of Grays Harbor 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 Grays Harbor is 0.9% which is below the national average, which is 0.99%.
Median Home Price in Aberdeen, WA
Median Rent in Aberdeen, WA
Top 5 Reasons to Live in Aberdeen, WA
Low real estate costs! In Aberdeen, the average cost of homes for sale is not only lower than the Washington average, but well below the national average. This makes moving to Washington a much more affordable endeavor for many interested parties. Additionally, Aberdeen is full of rent to own opportunities allowing you to slowly pay for a home rather than immediately deal with property taxes and other expenses. Look for homes in City Center or Summer Ave.
Wonderful local sites! People often look to highlight things to do in a small town, but when it comes to Aberdeen there is plenty to see as well as do, especially if you enjoy anything to do with the first days of seafaring. Take a visit to The Lady Washington, a replica of the ship that sailed the high seas in the late 1700s. Next, you can pay a visit to the tallest lighthouse in Washington and learn the history of Westport's Historic Grays Harbor Lighthouse.
Affordable rentals! Though not quite as comparatively low as the prices you might find on the houses in the area, the average rental unit in Aberdeen is still below the national average. This makes finding a rental unit a viable option in the city. Aberdeen offers a variety of beautiful rental homes and apartments to fit individual needs. You can find rentals in the neighborhoods of Central Park or W 6th St.
Enjoy the outdoors! The Morrison Riverfront Park is a great place to walk or fish while Grays Harbor National Wildlife Refuge offers a great place to bird watch or simply enjoy the fresh air. This Washington city has the great vistas, wildlife and beautiful landscapes that one expects from Washington State.
Get a taste of the local culture! The Westport Winery is worth a visit if you enjoy good wine. Additionally, the Aberdeen Museum of History offers a great look back at both maritime and Native American history.