Rent to own Homes in Inkster, MI
The city of Inkster, Michigan, has roots that go back to 1835, when it was first settled. Inkster didn't become an official city, though, until 1964, when border disputes between neighboring Dearborn and Inkster Village were finally sorted out. The city has more than 25,000 residents and only takes up 6.25 square miles of land. It's right outside of Detroit and considered part of the larger metro Detroit area, which means that residents have plenty of places to go and things to do.
Inkster, MI is a great place for affordable rent-to-own homes! With a median household income of over $32,109 and a median rent of $915, the Inkster, MI 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 Inkster, MI. 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 Inkster, MI Property Resources
Rent to own Homes in Cities Near Inkster, MI
- Allen Park
- Auburn Hills
- Berkley
- Bingham Farms
- Birmingham
- Bloomfield Hills
- Carleton
- Center Line
- Clawson
- Commerce Township
- Dearborn
- Dearborn Heights
- Detroit
- Eastpointe
- Estral Beach
- Farmington
- Ferndale
- Franklin
- Garden City
- Gibraltar
- Grosse Ile
- Grosse Pointe Park
- Hamtramck
- Hazel Park
- Highland Park
- Huntington Woods
- Keego Harbor
- Lathrup Village
- Lincoln Park
- Melvindale
- New Boston
- Newport
- Orchard Lake Village
- Pleasant Ridge
- Pontiac
- Redford
- Riverview
- Rochester Hills
- Romulus
- Southfield
- Sterling Heights
- Stony Point
- Sylvan Lake
- Taylor
- Troy
- Walled Lake
- Warren
- Wayne
- Woodhaven
- Woodland Beach
Neighborhoods in Inkster, MI
No neighborhoods foundPopular Zip Codes in Inkster, MI
48141 rent to own homesBuying a Home in Inkster, MI
Inkster, MI is seeing rapid growth and Inkster, MI's' housing market remains optimal with an average home price that is -76% below the 2024 national average. Inkster, MI is part of Wayne 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 Wayne is 2.07% which is above the national average, which is 0.99%.
Median Home Price in Inkster, MI
Median Rent in Inkster, MI
Top 6 Reasons to Live in Inkster, MI
Home prices on the rise! Prices on homes for sale in Inkster have increased considerably over a 12-month period, which makes now a great time to become a homeowner. Look for property for sale in the Middlebelt Road and Michigan Avenue neighborhood or the Inkster Road and Michigan Avenue neighborhood if you want a home with a high appreciation rate.
Plenty of rentals available! You won't have trouble finding apartments or rent to own houses in Inkster. Roughly 40 percent of homes are renter-occupied and the vacancy rate is twice that of the US average. Check out the S. Beech Daly Street and Michigan Avenue neighborhood or the Middlebelt Road and Andover Street neighborhood to find several available rental options.
Great food! When you live in Inkster, it's not hard to find good places to eat. Gracie See Pastaria offers pizza, pasta dishes, seafood and ribs served in a comfortable environment. At Jon's Goodtime Bar and Grill, you'll find French onion soup, burgers, homemade chili, and several other comfort foods to enjoy in a cozy setting.
Outdoor fun! Inkster has 17 parks that let you get some fresh air while relaxing or having fun when the weather's pleasant. Westwood Park offers a walking path, picnic tables and grills, as well as a baseball field. LeMoyne Park features basketball courts, tennis courts, a baseball field and picnic shelters for warm weather fun.
Indoor events and recreation! When you want to escape the summer heat or stay in and have fun during winter, Inkster has plenty of indoor programs. The Leanne Hicks Public Library offers knitting and crochet gatherings, book clubs, computer classes, and entrepreneurship workshops. At the Booker T. Dozier Recreation Complex, you can sign up for ballroom dance classes, karate lessons, fitness programs, or basketball training.
Visual and performing arts! Watch live theatrical performances put on by the talented Players Guild of Dearborn, or attend classes and special events to learn more about glassblowing at Furnace Design Studio.