Rent to own Homes in Five Corners, WA
Five Corners is located in Clark County in the northwest corner of Washington state. Just minutes from the Oregon border, Five Corners is situated along the beautiful Columbia River. Because of the city's location near the water, many residents enjoy taking advantage of the numerous parks and outdoor recreation activities in the city. Adults and youth alike are encouraged to join the local Parks and Recreation Department for leagues in sports ranging from baseball to Frisbee golf.
Five Corners, WA is a great place for affordable rent-to-own homes! With a median household income of over $83,556 and a median rent of $1,532, the Five Corners, 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 Five Corners, 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.
More Five Corners, WA Property Resources
Rent to own Homes in Cities Near Five Corners, WA
- Amboy
- Bethany
- Boring
- Cedar Hills
- Cedar Mill
- Clackamas
- Columbia City
- Corbett
- Dunthorpe
- Durham
- Eagle Creek
- Fairview
- Felida
- Garden Home-Whitford
- Gladstone
- Gresham
- Happy Valley
- Hazel Dell
- Hillsboro
- Hockinson
- Jennings Lodge
- Johnson City
- King City
- La Center
- Lake Oswego
- Marlene Village
- Maywood Park
- Metzger
- Milwaukie
- Oak Grove
- Oak Hills
- Oatfield
- Oregon City
- Orient
- Portland
- Raleigh Hills
- Ridgefield
- Rivergrove
- Rockcreek
- Scappoose
- Stafford
- St. Helens
- Tigard
- Troutdale
- Tualatin
- Warren
- West Haven-Sylvan
- West Linn
- West Slope
- Wood Village
Neighborhoods in Five Corners, WA
Sunnyside rent to own homesPopular Zip Codes in Five Corners, WA
98662 rent to own homesBuying a Home in Five Corners, WA
Five Corners, WA is seeing rapid growth and Five Corners, WA's' housing market remains not optimal with an average home price that is 41% above the 2024 national average. Five Corners, WA is part of Clark 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 Clark is 0.99% which is equal to the national average, which is 0.99%.
Median Home Price in Five Corners, WA
Median Rent in Five Corners, WA
Top 5 Reasons to Live in Five Corners, WA
Take Advantage of the Great Outdoors! Located along the picture perfect Columbia River and near the border with Oregon, Five Corners offers spectacular parks for mountain biking, nature walks and hiking. At Orchards Park, you'll find more than 30 acres of preserved land nestled along the water. Come here during the summer for swimming or during the fall for challenging hikes. For more traditional recreational activities like basketball and baseball, take advantage of the numerous sports fields at Nobl Park.
Delicious Local Cuisine! At The Original Taco House you'll be greeted with delicious and fresh-tasting food that is reminiscent of Mexican cuisine. For something sweet, the local Dairy Queen is a Five Corners staple during the summer months with great soft serve, decadent shakes and yummy sundaes.
Can't Miss Annual Events! Every July, join your friends and family at the annual Five Corners Celebration that includes live entertainment from local musical groups, samples of food from neighborhood restaurants and activities that are perfect for any age. Head to the Town Green the first Saturday evening in December to welcome in the Holiday spirit with the lighting of the trees on the historic Main Street and for cookies and conversation with Santa.
Home Values Going Through the Roof! In less than one year, the median home value in Five Corners has skyrocketed 7.75 percent to a new high of $209,100. Best of all, this record growth is not over with. Experts predict that the median home value will increase another 5 percent in 2015. Secure a great deal on a rent to own home in a neighborhood like Salmon Creek or Fisher.
High Foreclosure Rate! Because a bank does not want to hold a foreclosed property for a long period of time, potential buyers in Five Corners can take advantage of the numerous foreclosures on the market by offering a price below market value. Communities like Mount Vista and Mill Plain offer the best areas to get a good price.