Rent to own Homes in Caledonia, WI
Caledonia, WI, with its eastern boundary abutting Lake Michigan, is a convenient rural village nestled between Milwaukee and Racine. With a population of around 24,000 on its 45 square miles, it is a mix of agricultural and suburban scenes. And that doesn't mean that Caledonia residents aren't connected to the modern world! Living in Caledonia is pleasant, and the big cities are a short drive away!
Caledonia, WI is a great place for affordable rent-to-own homes! With a median household income of over $81,722 and a median rent of $934, the Caledonia, 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 Caledonia, 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 Caledonia, WI Property Resources
Rent to own Homes in Cities Near Caledonia, WI
- Bayside
- Big Bend
- Brookfield
- Brown Deer
- Butler
- Caledonia
- Cedarburg
- Cudahy
- Eagle Lake
- Elm Grove
- Elmwood Park
- Fox Point
- Franklin
- Franksville
- Germantown
- Glendale
- Grafton
- Greendale
- Greenfield
- Hales Corners
- Kansasville
- Lannon
- Menomonee Falls
- Mequon
- Milwaukee
- Mount Pleasant
- Muskego
- New Berlin
- North Bay
- Oak Creek
- Pewaukee
- Racine
- Raymond
- River Hills
- Saukville
- Shorewood
- Somers
- South Milwaukee
- Sturtevant
- Sussex
- Tichigan
- Union Grove
- Waukesha
- Waukesha Village
- Wauwatosa
- West Milwaukee
- Whitefish Bay
- Wind Lake
- Wind Point
- Yorksville
Neighborhoods in Caledonia, WI
No neighborhoods foundBuying a Home in Caledonia, WI
Caledonia, WI is seeing rapid growth and Caledonia, WI's' housing market remains not optimal with an average home price that is 1% above the 2024 national average. Caledonia, WI is part of Racine 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 Racine is 1.89% which is above the national average, which is 0.99%.
Median Home Price in Caledonia, WI
Median Rent in Caledonia, WI
Top 5 Reasons to Live in Caledonia, WI
Rental opportunities! You'll love the peaceful vistas and the friendly neighbors. A strong buyer's market exists, and property supply currently exceeds demand. If you're looking to rent here, you're in luck: rental house prices have decreased by 9 percent over the past several months and are substantially lower than in the rest of the state. If you have visions of owning a horse, this is a perfect locale: you can get all your equine-related supplies and tack at either Hood's Creek Farm or A Storybook Farm right in Caledonia.
Cozy, friendly atmosphere! This is a neighborly kind of place, and you'll find that life centers around at-home life. You can meet friends for coffee at Kayne's Coffee & Custard or the Mocha Lisa Coffee House, both on the way to the lakeshore.
Outdoor entertainment options! Learn to golf or if you're a fan already, practice your swings here! It's the weekend sport of choice, and you'll have a great selection of courses. Mulligan's Mini Golf & Driving Range offers fun for all ages. The Caledonia Conservancy is a great destination for nature lovers and hikers.
Historical architecture! Wingspread, a national historic site and the largest and last Prairie-style home to be built by Frank Lloyd Wright, is located on 30 acres in Windpoint, adjacent to Caledonia. Open for tours weekdays by appointment, it is operated by the Johnson Foundation as an educational and conference center. Both the National Foundation for the Arts, and National Public Radio credit their birth to Wingspread conferences.
Distinct neighborhoods! Caledonia encompasses two formerly independent neighborhoods. Franksville joined Caledonia in 2006 and was once the home of Frank's Kraut Company. Look for rent to own houses with large lots, trees, and convenient location, with easy access to lakeside recreation as well as the highways. Husher is the second and represents the phonetic spelling of Hoosier. It is where Caledonia's Village Hall, police and fire stations are located, as well as the home of Husher Pub & Grill. The actual cost of living in Caledonia is 25 percent higher than the statewide average. A property tax guide with information on current assessments is available from Town Hall.