Rent to own Homes in Janesville, WI
Found in the rolling hills and rich woodlands of Wisconsin, Janesville is a small but vibrant community, best known for its lovely parks and recreational areas. With a host of outdoor activities to enjoy within the city and just beyond its borders, you'll never have a dull day in Janesville. Attractions in and around the city include The Armory, the Historic Homes Guided Tour, the Janesville Performing Arts Center, and the beautiful Rotary Botanical Gardens.
Janesville, WI is a great place for affordable rent-to-own homes! With a median household income of over $55,914 and a median rent of $874, the Janesville, 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 Janesville, 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 Janesville, WI Property Resources
Rent to own Homes in Cities Near Janesville, WI
- Arlington
- Belleville
- Brooklyn
- Cambridge
- Cottage Grove
- Cross Plains
- Dane
- Deerfield
- DeForest
- Dekorra
- Doylestown
- Evansville
- Fitchburg
- Lake Ripley
- Lake Wisconsin
- Lodi
- Madison
- Maple Bluff
- Marshall
- McFarland
- Middleton
- Monona
- Mount Horeb
- Oregon
- Poynette
- Rio
- Rockdale
- Shorewood Hills
- Stoughton
- Sun Prairie
- Verona
- Waterloo
- Waunakee
- Windsor
Neighborhoods in Janesville, WI
Royal Acres rent to own homes Columbus Circle rent to own homes Jefferson Avenue rent to own homes South West Janesville rent to own homes Benton Avenue rent to own homes Art And Culture District rent to own homes Courthouse Hill rent to own homes Main Street District rent to own homes Prospect Hill rent to own homes Fox Ridge Estates rent to own homesBuying a Home in Janesville, WI
Janesville, WI is seeing rapid growth and Janesville, WI's' housing market remains optimal with an average home price that is -30% below the 2024 national average. Janesville, WI is part of Rock 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 Rock is 1.96% which is above the national average, which is 0.99%.
Median Home Price in Janesville, WI
Median Rent in Janesville, WI
Top Reasons to Live in Janesville WI
Housing Statistics The city is small, with a population of only about 65,000, meaning rentals will be hard to come by (even harder for rent to own plans). The median age in town is 37, and income per household stands at nearly $50,000 per year, with per capita earnings of $23,000. As expected, the housing market isn't overly active, with house sales maxing out at 100 monthly over the last few years and averaging well below that typically. House prices are less than $150,000 on average, with median prices of $115,000.
Largest Employers and Industries Being a small city, Janesville isn't home to any large or international businesses. However, the city still houses some state-wide companies as their headquarters, including Woodman's Food Market, Blain's Farm and Fleet, and Gray's Brewing. The largest employers in the city include Janesville School District, Mercy Health System, the City of Janesville, Rock County, and SSI Technologies.
Weather and Climate As a city that is known for its beautiful parks, the weather and climate in Janesville is required to be moderate. It gets 33 inches or rain per year, 4 lower than the national average, and 37 inches of snow, 12 over the national average. The summers are also pleasant, with average highs of 85 degrees and 185 sunny days per year. In terms of a comfort index that looks at humidity, the city is pretty much exactly the same as the national average at 45 to an average of 44 nationally. All in all, therefore, the climate is comfortable, generally dry, but with cool and snowy winters. In other words, it's pretty much ideal for those who enjoy changing seasons.
School Systems The local school district in Janesville has 12 elementary, 3 middle, 2 high, and 5 charter schools. There are also two specialist schools downtown - the Guide Language Center and The Janesville Academy for International Studies. There are also several parochial schools within Janesville, a 2 year community college, and 2 year technical college, and the Wisconsin Center for the Blind and Physically Impaired.
Transportation and Commutes The most effective way of navigating around town using public transport is by using the Janesville Transit System, which also connect the city to the neighboring towns of Milton and Beloit. There is also a regional bus service that goes between Chicago, Madison, Midway Airport and Chicago O'Hare Airport. There is also a regional airport just below the city at Southern Wisconsin Regional Airport for domestic flights.