Rent to own Homes in Franklin, WI
Franklin is a community that has worked from the outset to preserve green space while encouraging growth. Those efforts led to a small city of just over 36,000 people that get to enjoy benefits like Root River Parkway. This green area features trails, an overnight lodge, sand volleyball courts, an archery range, trails and playgrounds. Nearby Muskego Lake is another great recreational draw, with boat launches and fishing. Live here and explore it all!
Franklin, WI is a great place for affordable rent-to-own homes! With a median household income of over $81,321 and a median rent of $1,095, the Franklin, 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 Franklin, 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 Franklin, WI Property Resources
Rent to own Homes in Cities Near Franklin, WI
- Bayside
- Big Bend
- Brookfield
- Brown Deer
- Butler
- Caledonia
- Cedarburg
- Cudahy
- Eagle Lake
- Elm Grove
- Elmwood Park
- Fox Point
- Franklin
- Franksville
- Germantown
- Glendale
- Grafton
- Greendale
- Greenfield
- Hales Corners
- Kansasville
- Lannon
- Menomonee Falls
- Mequon
- Milwaukee
- Mount Pleasant
- Muskego
- New Berlin
- North Bay
- Oak Creek
- Pewaukee
- Racine
- Raymond
- River Hills
- Saukville
- Shorewood
- Somers
- South Milwaukee
- Sturtevant
- Sussex
- Tichigan
- Union Grove
- Waukesha
- Waukesha Village
- Wauwatosa
- West Milwaukee
- Whitefish Bay
- Wind Lake
- Wind Point
- Yorksville
Neighborhoods in Franklin, WI
Ballpark Commons rent to own homesPopular Zip Codes in Franklin, WI
53132 rent to own homesBuying a Home in Franklin, WI
Franklin, WI is seeing rapid growth and Franklin, WI's' housing market remains not optimal with an average home price that is 21% above the 2024 national average. Franklin, WI is part of Milwaukee 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 Milwaukee is 2.24% which is above the national average, which is 0.99%.
Median Home Price in Franklin, WI
Median Rent in Franklin, WI
5 Great Reasons to Love Living in Franklin, Wisconsin
Growing real estate market! This is a desirable place to live, and the real estate market reflects that fact. The late 2014 median sale price of $220,000 is up about 24% from the year before. A decision to pursue rent to own houses here can be a great investment. Take a look at the Tuckaway Shores neighborhood for condos near a lake, or try areas near Highway 100 for newer single-family homes.
Summer concerts in the park! Catch interesting musical performances at the bandshell in Lions Legends Park. Listen to the smooth sounds before you explore local real estate opportunities. Later, enjoy pub grub and more at Mulligan's Irish Pub on South 27th Street. Toscana Italian Ristorante on South 27th Street serves classic fare at good prices.
Nice variety of good food! Three Cellars Wine and Beer Lounge on South 76th Street is a local favorite with a unique combination of beer pub and wine tasting lounge. Special events and releases are scheduled throughout the year. The Hideaway Pub and Eatery is just a few blocks away and offers banquet party rooms for special events.
Livable neighborhoods! Finding a home here means residents will be close to the Milwaukee metro area and Mitchell Airport while retaining some rural feel. Rentals in this community are often reasonably priced and nicely appointed. There is still some backlog in the market, so now might be the time to act. Natural areas like Wehr Nature Center adds to the appeal. A highlight attraction is around Halloween, when they host a haunted night hike through hundreds of lit pumpkins.
Take to the links! Find great golfing at Oakwood Golf Course in the south part of town, or try your luck at Tuckaway Country Club to the north. Head across town to the beautiful greens at Whitnall Park Golf Course for another go at the game. If you're interested in hitting a bigger ball, the Milwaukee County Sports Complex has baseball diamonds.