Rent to own Homes in Walla Walla, WA
With a population of just under 32,000, and a location only 12 miles from the Oregon border, Walla Walla is known for its fresh food, natural beauty and pleasant residents, who have helped it win accolades as the friendliest small town in America. In 2001, Walla Walla also won a Great American Main Street award for its downtown transformation.The semi-rural small town is equidistant from both Seattle and Portland.
Walla Walla, WA is a great place for affordable rent-to-own homes! With a median household income of over $54,412 and a median rent of $994, the Walla Walla, 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 Walla Walla, 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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Walla Walla, WA is seeing rapid growth and Walla Walla, WA's' housing market remains not optimal with an average home price that is 4% above the 2024 national average. Walla Walla, WA is part of Walla Walla 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 Walla Walla is 0.97% which is below the national average, which is 0.99%.
Median Home Price in Walla Walla, WA
Median Rent in Walla Walla, WA
Top 6 Reasons to Live in Walla Walla, WA
Wine and onions! Walla Walla is famous for its sweet onions and the wine that is produced in more than 100 nearby wineries. The onions are available mid-June through August. An annual festival is held to celebrate the onion harvest, but you can tour the wineries any time to sample the fruit of the vine.
Arts and culture: ArtWalla is alive and well, with a number of annual events, festivals, performances and displays designed to promote local artists and stimulate interest in the arts. The Little Theater of Walla Walla is a popular venue that has been going strong since 1944.
Eating out! There are any number of places to get a great meal, and, of course, they all serve local wine! Try The Marc Restaurant for the best Pacific Northwest dishes in a casually elegant setting. For a different take on dinner on the run, feast on casual Italian at Dominick's on the Runway.
A place to call home: Rental rates are affordable and are 12 percent less than the country average and an impressive 62 percent lower than statewide averages. If you rent a property in Walla Walla, you'll probably have plenty of money to grab a latte and a special treat at Colville St. Patisserie or Coffee Perk.
A soft buyers' market: Finding a rent to own home in Walla Walla shouldn't be problematic. Although prices are on the rise, you can find a home at a reasonable rate. The average price per square foot of homes for sale is $118. The supply of homes currently exceeds the demand slightly, so prepare your wish list, and start looking. Popular neighborhoods include City Center, where you'll find a mix of small to medium homes and apartments, and Garrett, a safe and walkable area with larger homes and small apartment buildings.
Go natural! The town offers 15 parks, a municipal golf course, aquatic center, walking trails, bicycle paths, and a BMX track. The city also has a self-guided historical walking tour of key attractions and encourages fitness with a printed walking map.