Rent to own Homes in Lynnwood, WA
Enjoy small town comfort minutes from the excitement of Seattle! Located just north of Seattle, Lynnwood offers the best of the big city and the sweet comforts of life in a small town. It is just minutes from fabulous wineries, majestic mountains and ferries, making it the ideal gateway to all the wondrous things offered by the North Puget Sound area. You won't see parking meters or inflated prices, just friendly, easy going people enjoying the multitude of dining options, theaters and outdoor activities. Take in a show, hike through historic Heritage Park or enjoy the playful antics of the marine creatures at the aquatic center.
Lynnwood, WA is a great place for affordable rent-to-own homes! With a median household income of over $62,926 and a median rent of $1,350, the Lynnwood, 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 Lynnwood, 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 Lynnwood, WA Property Resources
Rent to own Homes in Cities Near Lynnwood, WA
- Alderwood Manor
- Algona
- Bainbridge Island
- Beaux Arts Village
- Bellevue
- Black Diamond
- Bothell West
- Boulevard Park
- Brier
- Burien
- Cathcart
- Cavalero
- Clearview
- Clyde Hill
- Cottage Lake
- Covington
- Des Moines
- East Hill-Meridian
- Eastmont
- Edmonds
- Esperance
- Fall City
- Federal Way
- Fobes Hill
- High Bridge
- Indianola
- Issaquah
- Kent
- Kingsgate
- Kingston
- Lake Forest Park
- Lake Holm
- Lakeland North
- Lakeland South
- Lake Morton-Berrydale
- Lake Stevens
- Larch Way
- Lynnwood
- Meadowdale
- Mountlake Terrace
- Mukilteo
- Normandy Park
- North Lynnwood
- Picnic Point
- Riverton
- SeaTac
- Seattle
- Shoreline
- Silver Firs
- Tukwila
Neighborhoods in Lynnwood, WA
Downtown Lynnwood rent to own homes Lynn Crest rent to own homes Lynnwood rent to own homesBuying a Home in Lynnwood, WA
Lynnwood, WA is seeing rapid growth and Lynnwood, WA's' housing market remains not optimal with an average home price that is 104% above the 2024 national average. Lynnwood, WA is part of Snohomish 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 Snohomish is 0.89% which is below the national average, which is 0.99%.
Median Home Price in Lynnwood, WA
Median Rent in Lynnwood, WA
Top 4 Reasons to Live in Lynnwood, WA
Home values are on the rise! House prices are predicted to increase by 4.8 percent throughout Lynnwood, and even more in the 98036 zip code area. The number of foreclosures is dropping dramatically, which is good news for the economy of the city. Now is the perfect time to grab a great deal before they are all gone. Vacancies in rental units is on the rise, so it seems like many people are opting to buy a house now before the prices go up. Costs for rental units is not expected to be affected by these increases, and may even drop if the vacancy rate continues to increase. The average price for a one bedroom apartment is about $900 per month in the Alderwood Manor and Madison Alderwood Park areas.
Some of the most beautiful homes for sale in the state! Lynnwood is a home buyer's dream come true. There are so many beautiful houses to choose from, narrowing the search down to just a few is quite a daunting task. These majestic houses feature three to five bedrooms and two or more bathrooms each, giving homeowners plenty of room. House prices average about $250,000, and with a rent to own option, they are very affordable on any budget. Vacancies are spread out throughout the city, however fewer homes are available near Meadowdale County Park and Terrace Creek Park.
Legendary shopping experience! From unique boutiques to the region's largest indoor and outdoor retail center, Lynnwood has it all. A true paradise for a shopaholic. Browse through the endless rows of retailers at Alderwood Mall, where you will find everything you need for your new home, including a whole new wardrobe for yourself and precious gifts for your friends. Stop by Auntie Anne's for a scrumptious home made pretzel, and continue to shop til you drop.