Rent to own Homes in Germantown, WI
Germantown, a village in Washington County, occupies approximately 34.5 square miles of land. With just under 20,000 residents, this sparsely populated village was ranked 30th in the United States for most appealing place to live by Money Magazine in 2007. Although founded in 1836, it originally comprised of nine separate hamlets and did not become incorporated until 1963. Germantown has a small town community vibe with unique opportunities that residents enjoy on a daily basis.
Germantown, WI is a great place for affordable rent-to-own homes! With a median household income of over $89,111 and a median rent of $1,061, the Germantown, 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 Germantown, 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 Germantown, WI Property Resources
Rent to own Homes in Cities Near Germantown, WI
- Big Bend
- Brookfield
- Brown Deer
- Butler
- Caledonia
- Cedarburg
- Colgate
- Cudahy
- Elm Grove
- Fox Point
- Franklin
- Franksville
- Germantown
- Glendale
- Grafton
- Greendale
- Greenfield
- Hales Corners
- Hubertus
- Jackson
- Kansasville
- Lannon
- Menomonee Falls
- Mequon
- Merton
- Milwaukee
- Mount Pleasant
- Muskego
- New Berlin
- North Bay
- Oak Creek
- Pewaukee
- Port Washington
- Racine
- Richfield
- River Hills
- Saukville
- Shorewood
- South Milwaukee
- St. Francis
- Sturtevant
- Sussex
- Thiensville
- Tichigan
- Waukesha
- Wauwatosa
- West Allis
- Wind Lake
- Wind Point
- Yorksville
Neighborhoods in Germantown, WI
No neighborhoods foundPopular Zip Codes in Germantown, WI
53022 rent to own homesBuying a Home in Germantown, WI
Germantown, WI is seeing rapid growth and Germantown, WI's' housing market remains not optimal with an average home price that is 26% above the 2024 national average. Germantown, WI is part of Washington 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 Washington is 1.54% which is above the national average, which is 0.99%.
Median Home Price in Germantown, WI
Median Rent in Germantown, WI
Top 5 Reasons to Live in Germantown, WI
Lots of parks to enjoy! One of the main aspects of appeal for any village of this size is the presence of outdoor activities and parks. The natural scenery in Wisconsin is hard to beat and with 10 separate parks in town, the residents of Germantown have no shortage of outdoor activities available. Richfield's Heritage Park is one site that hosts a variety of programs for locals. Wiedenbach Park is a gentle place to enjoy fishing, basketball, or simply getting away for a few hours.
Real estate options that excite! Although the average sales price is higher than the national average, the value of a Germantown home is worth the investment. These beautiful homes, west of Lake Michigan, have an average sales price of $283,000 and bring with them a sense of community and local pride. Consider rent to own homes that allow you to live in serene surroundings. Work in Milwaukee, to the south, which is just a short drive down the 145.
Rental prices are more affordable! The rental options in Germantown are much more in line with what you would expect to find in a small town, resting just below the national average at $1,062. Most rental units are packed with features to make sure you can live a comfortable lifestyle. If you want to live in a home without the property taxes and insurance worries, you can find some beautiful homes for rent within a short walk to centers like Schoen Laufen and Kinderberg Park.
Enjoy some great activities! Germantown has excellent opportunities for people to escape from the daily grind and enjoy local activities. The Germantown Archery Range allows you to develop a fun and interesting skill. If you are looking for some competition, the Disc Golf Course is a great place to get a game going with friends.
Plenty of community events! As with all small towns, Germantown also hosts plenty of community events. The local Farmer's Markets hold a variety of special deals throughout the year, and the Germantown Historical Society, through the Bast Bell Museum, features fascinating events for the entire community.