Rent to own Homes in River Falls, WI
Divided between Pierce and St. Croix Counties, River Falls is one of western Wisconsin's most scenic cities. Although technically outside of the Minneapolis and St. Paul metropolitan area, many River Falls residents commute to the Twin Cities on a daily basis. Others prefer to remain in Wisconsin, enjoying the beauty of the Kinnickinnic River, as well as the many gorgeous parks located in and around River Falls.
River Falls, WI is a great place for affordable rent-to-own homes! With a median household income of over $62,786 and a median rent of $896, the River Falls, 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 River Falls, 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 River Falls, WI Property Resources
Rent to own Homes in Cities Near River Falls, WI
- Afton
- Beldenville
- Birchwood Village
- Center City
- Columbus
- Cottage Grove
- Deer Park
- Dellwood
- Dresser
- Forest Lake
- Gem Lake
- Grant
- Hammond
- Hastings
- Houlton
- Hudson
- Hugo
- Inver Grove Heights
- Lake Elmo
- Lakeland
- Lakeland Shores
- Lake St. Croix Beach
- Landfall
- Lindstrom
- Lino Lakes
- Little Canada
- Mahtomedi
- Maplewood
- Marine on St. Croix
- Newport
- North Hudson
- North St. Paul
- Oakdale
- Oak Park Heights
- Osceola
- Pine Springs
- Prescott
- Roberts
- Shafer
- Somerset
- South St. Paul
- Stillwater
- St. Marys Point
- St Paul
- Saint Paul
- St. Paul Park
- Taylors Falls
- Vadnais Heights
- Welch
- White Bear Lake
Neighborhoods in River Falls, WI
No neighborhoods foundPopular Zip Codes in River Falls, WI
54022 rent to own homesBuying a Home in River Falls, WI
River Falls, WI is seeing rapid growth and River Falls, WI's' housing market remains not optimal with an average home price that is 2% above the 2024 national average. River Falls, WI is part of Pierce 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 Pierce is 1.77% which is above the national average, which is 0.99%.
Median Home Price in River Falls, WI
Median Rent in River Falls, WI
Top 7 Reasons to Live in River Falls, WI
Impressive home appreciation! A number of Rivers Falls residents have taken advantage of high home appreciation rates in the last several years. The average home appreciation rate for the past year was 10.1 percent, with homes near Golf View Park and the River Falls Medical Clinic seeing the most significant improvements in real estate value. This is excellent news for those thinking of investing in property, as well as those interested in taking advantage of local rent to own opportunities.
Delicious cuisine! A variety of popular chain restaurants are located in and around River Falls, but the city's atmosphere is best complemented by its unique neighborhood joints. Local favorites include Steve's Pizza Palace and the Mariachi Loco.
Beautiful parks! The natural scenery in Rivers Falls is amazing. The city is home to several gorgeous parks, including the expansive Hoffman Park, as well as Glen Park, West Dale Park and Larsen Park. Several of these locations are located along or within walking distance of the Kinnickinnic River.
Vibrant bluegrass scene! Bluegrass enthusiasts adore River Falls, which hosts the River Falls Bluegrass Festival every April. The festival includes multiple workshops, several live performances and even a beer tasting event.
Plenty of new homes and apartments! New homes and apartment complexes abound in the River Falls area, with an impressive 20.31 percent of structures seeing construction over the course of the past fifteen years. The two, three and four bedroom apartments at University Falls are especially recent additions, with complexes such as the Riverside Apartments experiencing significant renovations in recent years.
Exciting nightlife! River Falls is a notoriously quiet community, but it boasts a surprisingly active nightlife scene. Emma's Bar is the number one hangout for local hipsters. Clubbing enthusiasts, however, prefer Ground Zero.
Artistic residents! Many residents of River Falls adore visual art. Many invest in paintings and sculptures to showcase in their houses. Others simply enjoy visiting the area's many galleries and exhibits, including Gallery 120 and Riverwalk Art.