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The median home value is $165,000 and the majority of residents own their homes. Erie, PA is a great place for affordable rent-to-own homes! With the current housing shortage trend it can make it harder to become a homeowner, including in Erie, PA. 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. Home to nearly 2,000 residents, Avonia is thought to be one of the best places to live in all of Pennsylvania. Residents enjoy a rural environment and top-rated public schools. The median home value is $185,100 and the majority of residents own their homes.
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The attached gardens are gorgeous, packed with hundreds of different species of plants. Completely remodeled 3-Bedroom, 1 Bathroom, freshly painted with a brand new Kitchen, all new appliances and new flooring throughout. First months rent and security deposit due at signing. Transportation Getting around the city is easy enough to do.
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Housing is affordable and the schools are top-rated. The weather here is snowy and the neighborhoods are excellent for raising a family. If you love the outdoors, you'll adore all 3,200 acres of Pennsylvania's Presque Isle State Park along Lake Erie.
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While you're there, you can learn about the history and accomplishments of Milton S. Hershey at the Hershey Story Museum. Or you can visit Chocolate World to take an indoor train tour of the chocolate factory, taste-test all sorts of goodies, and create your own candy bar. You can also take a trolley tour of the historic town to learn about its rich history. If you're interested in Pennsylvania rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common Pennsylvania statistics compared to the U.S. national average. Pennsylvania has an average household income of nearly $57,000 and a cost of living that's 7.5 percent below the national average, but there's a wide range of averages throughout the state.
Open every day from sunrise to sunset, the park features hiking, swimming, and boating areas, along with a 65,000-square-foot facility that educates visitors about the history of Presque Isle. Pittsburgh - The Steel City is known to have a deep history of arts and culture. With iconic centers for the performing arts, such as the Benedum Center and Heinz Hall, visitors can catch a great show that appeals to their artistic side.
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Interstate 90 is the largest freeway in the area. I-90 also provides commuters with access to Pittsburg and to Cleveland. In addition, Interstate 86, Interstate 79, and US Route 19 all run through this area. All of this makes commute times into the city easy to do. There is also the Erie Metropolitan Transit Authority, or EMTA, which operates a bus system throughout the city.
Though Erie, Pennsylvania is 2% more expensive than the national average, utilities are 19% less! Housing and housing expenses are 14% less expensive. The median home price is $299,000, whereas the average rent is $718 per month for an apartment. One-bedrooms cost around $620, while two-bedrooms are about $840. The rent to own ratio is fairly close, with 49% of the residents renting their homes. 3,000 residents live here, enjoying a quiet suburban environment and top-rated public schools.
Erie, Pennsylvania has a humid, continental climate, meaning the summers are warm and wet, while the winters are ice-cold and windy. The coldest month here is January, with temperatures rarely dipping below 21°F. July is the hottest month, with an average high of 80°F. Erie sees 101” of snow annually, and 42” of rain.
There is so much to see and do in Erie, Pennsylvania. Presque Isle State Park is at the top of most Erie-must-do lists. The 3,200 acre-park is stunning with marinas, beaches, and hiking and walking trails. Kids and adults alike can enjoy the scenery and swimming. The Erie Zoo and Botanical Gardens are a must if you’re traveling with children. There are more than 400 animals for visitors to observe and enjoy.
In West Chester, the overall average income is 29 percent higher than the rest of the country, but Pittsburgh is 12.5 percent lower. Search for rent-to-own homes in Erie, PA and learn about the rent-to-own market with iRentToOwn.com. If you're unfamiliar with the rent-to-own process, we offer a full selection of articles in our on-siterent-to-own articlesso you can stay informed and updated. Check out Erie, PA rent to own homes for sale, which may include auction properties, for sale by owner, and more. Check out Pennsylvania rent to own homes for sale, which may include auction properties, for sale by owner, and more. It is an economic powerhouse-its Gross Domestic Product of $817 billion as of the third quarter of 2019 was ranked 6th in the nation-with plenty of room for new residents to join.
For history buffs, the Gettysburg National Military Park is the place to be. The site that inspired President Lincoln's Gettysburg Address hosts a museum with more than 40,000 Civil War artifacts, restoration homes, cemetery tours, and a host of educational programs. Rent to own homes offer low monthly payments and flexible terms.
There are 15 public schools to educate the 11,000 students. There are 28 private schools here as well, teaching nearly 7,000 students. There are several colleges in and around Erie. Mercyhurst University, Gannon University, Erie Institute of Technology, and Penn State Behrend are all located here. Erie, Pennsylvania is a beautiful lakeside city with a perfect mix of urban and stunning scenic views.
Museums and attractions abound throughout the city. The median home price in Pennsylvania is $173,700, which is nearly 25 percent lower than the United States' average of $231,200. The price could vary depending on which city interests you-State College, PA, has a median price of $328,500, while West Mifflin's average is right around $100,000. This makes opting for a rent-to-own home a great option, especially in those areas where home prices are higher.
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Read on to find out why you should join the ranks and find your next rent-to-own home in Pennsylvania. Millcreek Township is a dense suburban town, home to 54,000 residents. The median home value is $167,000 and just over half the residents own their homes.
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