Rent to own Homes in Whitewater, WI
Whitewater is located in Walworth County, Wisconsin, with portions extending to Jefferson County. Magnificent natural formations surround the 9.06-square-mile city, including Cravath Lake, Trippe Lake, and Kettle Moraine State Forest. Within this landscape is a vibrant downtown and historical Main Street, reflecting the city's diverse offering for everyone. Whitewater is a mere 26-minute drive from Walworth county seat Elkhorn via US-12 East.
Whitewater, WI is a great place for affordable rent-to-own homes! With a median household income of over $36,211 and a median rent of $783, the Whitewater, 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 Whitewater, 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.
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Rent to own Homes in Cities Near Whitewater, WI
- Ashippun
- Big Bend
- Brookfield
- Brown Deer
- Browns Lake
- Burlington
- Butler
- Chenequa
- Delafield
- Dousman
- Eagle
- Eagle Lake
- East Troy
- Elm Grove
- Franklin
- Franksville
- Germantown
- Glendale
- Hales Corners
- Hartford
- Jackson
- Kansasville
- Lac La Belle
- Menomonee Falls
- Mequon
- Mukwonago
- Muskego
- Nashotah
- New Berlin
- North Lake
- Oconomowoc
- Okauchee
- Pewaukee
- Potter Lake
- Raymond
- River Hills
- Rochester
- Rubicon
- Slinger
- Sullivan
- Sussex
- Tichigan
- Wales
- Waterford
- Waukesha
- Waukesha Village
- Wauwatosa
- West Milwaukee
- Wind Lake
- Yorksville
Neighborhoods in Whitewater, WI
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Whitewater, WI is seeing rapid growth and Whitewater, WI's' housing market remains optimal with an average home price that is -21% below the 2024 national average. Whitewater, WI is part of Walworth 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 Walworth is 1.68% which is above the national average, which is 0.99%.
Median Home Price in Whitewater, WI
Median Rent in Whitewater, WI
Top 6 Reasons to Live in Whitewater, WI
Top winter wonderland destination! The freezing Whitewater Creek and Spring Brook make Whitewater a top winter destination for snowy adventures. Ski and slide along the slopes of Nordic Ski Trails and Scuppernong River Habitat. Come January, locals and visitors troop to the Whitewater Freeze Fest in downtown Fremont Street for the exciting Polar Bear Plunge challenge.
Ice Age Trail fever! Whitewater is part of Wisconsin's network for the Ice Age Trail, the 1,200-mile national scenic trail that advances toward the snout or end of the last Ice Age glacier, formed about 12,000 years ago. Join Whitewater bikers that navigate miles of hiking trails and state and local parks, including the Chequamegon-Nicolet National Forest Reserve and the Ice Age Trail Alliance.
A city of renters! Whitewater is a renter's city, with 65% of homes being renter-occupied. The good news is there are always great choices for homes for rent, including rent to own houses, with over 600 housing accommodations per square mile. Apartments and condominiums for rent can be found in neighborhoods around downtown Fremont, Franklin, and South Wisconsin streets where residents enjoy proximity to The Triangle, a dining, shopping, and entertainment hub.
Free arts and entertainment! Whitewater's thriving arts and entertainment scene offers free shows for everyone. Scour downtown for cultural shows at Young Auditorium and check out works of budding artists in nearby Crossman Gallery. Catch the popular Minneiska Water Ski Show on Saturday evenings, while Thursdays are reserved for the Cravath Lakefront's Family Fun Nights.
Check out Historical Main Street! Some of Whitewater's historical legacy are proudly preserved in downtown Main Street. Marvel at animal and geometric mound constructions at the Indian Mounds Park. Head to the Historic Train Depot for remnants of the first railroad lines and check out artifacts at Whitewater Historical Society Museum.
Growing value of home ownership! Owning a Whitewater home is a good investment since home value is growing by 66% over a 10-year period. The average home price for both detached and attached units are also significantly lower than the state average. Search for homes for sale along Old Highway 12 and Schwager Drive, near University of Wisconsin-Whitewater.