Rent to own Homes in Beaver Dam, WI
Beaver Dam might be small, but residents know that this city has big personality. Approximately 16,000 people make Beaver Dam their home, enjoying the tight-knit community for day-to-day life, and the proximity to Madison and Chicago for big city excitement. Though some Beaver Dam citizens commute to bigger cities for work, many find employment in Beaver Dam's booming manufacturing industry. Members of this community make plenty of time to enjoy leisure activities, taking advantage of the twenty city parks, a variety of museums and galleries, and a wide mix of cuisines from around the world.
Beaver Dam, WI is a great place for affordable rent-to-own homes! With a median household income of over $55,551 and a median rent of $841, the Beaver Dam, WI 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 Beaver Dam, WI. 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 Beaver Dam, WI Property Resources
Rent to own Homes in Cities Near Beaver Dam, WI
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Neighborhoods in Beaver Dam, WI
No neighborhoods foundPopular Zip Codes in Beaver Dam, WI
53916 rent to own homesBuying a Home in Beaver Dam, WI
Beaver Dam, WI is seeing rapid growth and Beaver Dam, WI's' housing market remains optimal with an average home price that is -35% below the 2024 national average. Beaver Dam, WI is part of Dodge 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 Dodge is 1.85% which is above the national average, which is 0.99%.
Median Home Price in Beaver Dam, WI
Median Rent in Beaver Dam, WI
Close-Knit Community with Big Personality in Beaver Dam, WI
Affordable housing! One of the features that makes Beaver Dam so appealing is its low home prices as compared to the rest of the state. In 2012, the average value of houses and condos was only $118,406, compared to the state's average house prices of $165,200. Low housing costs leave more room in the budget for sampling the many marvelous area restaurants, such as Sake House, La Tapatia, and Benvenuto's Italian Grill.
Known for its water-borne attractions! Thanks to the Beaver Dam Lake that makes up the city's western border, there are many opportunities for visitors and residents to enjoy water sports. Boat launches are offered at the Tahoe, Edgewater, and Waterworks Parks for a small fee, and Crystal Lake Park has a popular beach. Fishing is available in all of these, as well as the Bayside and Cotton Mill Parks.
Close to everything! Those in search of a rental or rent to own home appreciate Beaver Dam's affordable average monthly rent of $741. Choosing a waterfront apartment means an easy walk to several popular bars, including Char House Pub & Grill, Game On Sports Bar & Grill, Dawn & Woody's Moonlight Bar, and Perfect Mix.
Friendly community! The City of Beaver Dam has an active Department of Community Activities and Services, giving all community members a chance to know their neighbors. From exercise classes to ice-skating, a variety of team sports, and everything in-between, Beaver Dam has services for any interest. After working up an appetite, favorite comfort food restaurants include FATZ Island Southern Style BBQ Eatery and Chili John's Cafe.
A town of art enthusiasts! The Arts are thriving in Beaver Dam, thanks to a dedicated group of artisans and performers. The Beaver Dam Community Theatre features critically acclaimed productions, and the Dodge County Fair Association hosts a variety of events, including the annual County Fair, concerts, and car racing.