Table of Content
- Median Home Price in Oregon, OH
- Browse Rent To Own Homes For Sale by city in Oregon
- Popular Zip Codes in Oregon
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- Rent to Own Homes for Sale in Oregon
- Learn More About Rent to Own Homes
- Rent to own Homes in Cities Near Oregon
- Rent to own Homes in Cities Near Oregon, OH
The Sundance Drive-In is one of the last remaining drive-ins in the Lake Erie region, so it's a favorite among locals for both its fast food and nostalgia. La Vigna , The Blackhawk Steak Pit , and Messies Bar and Grill are just a few local restaurants to visit. Maxson Restaurant and Riverboat offers dinner on board a riverboat on Lake Erie. Check out Oregon, OH rent to own homes for sale, which may include auction properties, for sale by owner, and more.
In 2010, the city had a population of 20,291 according to the U.S. Census, and statistical data shows it is growing rapidly. Covering an area of 28.5 square miles, Oregon is the second largest city in the county. Known as Oregon on the Bay and The City of Opportunity, Oregon offers its residents a resort complex set in a national park, which overlooks Lake Erie. Rent-to-Own is an excellent alternative for those who want to buy but are either working to improve their credit score or don’t have enough of a down payment saved for the home. For those who are ready to make one last move into a home, but are not yet prepared for a mortgage, rent-to-own can be a great alternative.
Median Home Price in Oregon, OH
The price is determined and written into the lease agreement. For example, you and the seller/landlord agree on a price of $150,000. You give a down payment of $10,000, and $200 of the monthly rent is allocated to the price for a period of two years ($4,800). At the end of the lease, you have $14,800 toward the home price of $150,000, leaving a mortgage in the amount of $135,200.
House hunting in these small towns will yield some good deals both in homes for sale and rent to own houses. Use our cost of living calculators to assess how much you’ll need to earn to live comfortably in key cities. Part of the rent payment every month may credited toward the purchase price, which can also be used to offset closing costs. The overall tax burden in Oregon is slightly lower than the national average.
Browse Rent To Own Homes For Sale by city in Oregon
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Census listed mean prices for all housing units at $155,967. The City of Oregon's data shows average home price in 2014 as $164,000, which is lower than the national median of $217,000. Every type of structure is represented, from rent to own cottages to elegant mansions, fixer-uppers and condos. Timberhill Subdivision and Svoboda Woods Subdivision are two popular residential areas with affordable, single-family detached dwellings.
Waterfront houses are still available in Oregon and all housing in the area comes with fantastic nearby amenities. Maumee Bay Resort and Conference Center is a waterfront resort on Lake Erie, with guest rooms, cabins, event facilities, camp sites, beach front access and a pool. Use the resort for swimming, fishing, recreation, weddings, or business meetings. Hunters and bird-watchers love the natural areas, but golfers will enjoy Eagle Land Golf Course, which is set within Maumee Bay State Park. The median real estate property tax paid for housing with a mortgage was $2,479 in 2012, which is the lowest in Lucas County. Oregon, OH is a great place for affordable rent-to-own homes!
Popular Zip Codes in Oregon
Visit beautiful parks and take part in festivals! Located within the city limits, Pearson Park offers a nice diversion for local residents, with paddle boat rentals and woodland trails. Nearby Maumee Bay State Park offers natural scenery, hiking trails, cabins and a nature center with learning experiences about the Black Swamp forest and topography. Held downtown, the German American Festival is a local event that draws more than 30,000 attendees annually. Search Oregon rent to own homes, including single family homes, condos and townhouses.
Oregon income tax is progressive and takes income level into consideration. Prices on houses for sale in Oregon have steadily increased as the market recovers. Sellers typically have multiple offers to choose from, and there is no indication that this trend will slow down. Save this search to get email alerts when listings hit the market. Oregon's bounty is its natural beauty, which includes blue lakes, sparkling rivers, and residents who are dedicated to keeping it that way. This city prides itself on its quirky neighborhoods.
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Check out Oregon rent to own homes for sale, which may include auction properties, for sale by owner, and more. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests.
For those who need to work on their credit score, this option is a great way to get into the home, pay bills on time, and increase their score to qualify for a mortgage. When you rent-to-own, you enter into an agreement where you commit to renting a property for a predetermined period of time. You then have the option to buy the home you are already living in. The lease typically includes a smaller down payment and a monthly ‘premium’ that is allocated toward the price of the house.
You are able to live in the house, check out the area and house thoroughly before purchasing the house. We bring home buyers and sellers together using rent to own homes. A few major employers for the area include St. Charles Hospital, BP Oil Company national refinery and Caraustar. Local opportunities can be expanded by including the Toledo job market, which is just a short drive away.
View listing photos and nearby rent to own homes. Rent-to-own can be a wonderful option for both buyer and seller. While a prospective buyer is getting his/her finances in order, a seller can feel reassured about a prospective homeowner taking care of the property. Buyers get the extra time they need to save and lock in the price of their desired home. If the buyer walks away at the end of the lease, the seller has the added premium and the down payment as compensation for the delay in selling.
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