Rent to own Homes in Greendale, WI
Located southwest of Milwaukee, Greendale is a thriving village that got is start as a planned urban community, along with Greenbelt, Maryland, and Greenhills, Ohio, following the Great Depression. Greendale homes were originally government-owned and are built around a bustling Village Center. These days, Greendale is home to approximately 14,000 people and serves as a suburb to Milwaukee. Although it's close to the city, the village retains its own distinct character and offers a variety of housing options.
Greendale, WI is a great place for affordable rent-to-own homes! With a median household income of over $74,661 and a median rent of $932, the Greendale, 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 Greendale, 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 Greendale, WI Property Resources
Rent to own Homes in Cities Near Greendale, 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 Greendale, WI
Village Center Historic District rent to own homes Greendale rent to own homesPopular Zip Codes in Greendale, WI
53129 rent to own homesBuying a Home in Greendale, WI
Greendale, WI is seeing rapid growth and Greendale, WI's' housing market remains not optimal with an average home price that is 5% above the 2024 national average. Greendale, WI is part of Milwaukee 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 Milwaukee is 2.24% which is above the national average, which is 0.99%.
Median Home Price in Greendale, WI
Median Rent in Greendale, WI
Top 5 Reasons to Live in Greendale, WI
Specialty shops! Downtown Greendale offers a large selection of specialty shops that are mostly family-owned, including Trading Closets, Seasons of the Heart, Gift of Wings and They Grow like Weeds. Southridge Mall, one of Wisconsin's largest enclosed malls, features over 100 specialty shops.
Homes of different sizes! Although Greendale is a planned community, it boasts rent to own homes of varying sizes, ranging from small one-bedroom apartments to large four-bedroom houses. A third of the village's population consists of renters. Apartment communities like Overlook Lakes, Village in the Park, and Dale Creek Apartments offer housing options for newcomers who are looking for rentals.
Steeped in history! Holidays provide the perfect excuse for the village to remember its early days. Celebrations in this part of Wisconsin often include Civil War reenactments, fun carriage rides and tours that highlights Greendale's original homes. A trip to Trimborn Farm will give you a glimpse of a Civil War farmstead. New residents will find plenty of information about the area at the Visitor Center in Historic Downtown, which has become a hub for interesting shops and restaurants.
Affordable rental rates! As one of the greenbelt town, Greendale's government-owned real estate properties are rented to the people at affordable rates. Although residents can now purchase homes, Greendale maintains its affordability with average rental rates tracking below the national average. Neighborhoods within the Village Center, West College Avenue, and South 51st Street have the lowest rental rates in Greendale
Walk all you want! If you love the idea of taking a leisurely among fragrant flowers, visit the Boerner Botanical Gardens in Whitnall Park. A guided tour of this internationally renowned horticultural display takes you through beautiful flower and herb gardens. If that's too sedate for your taste, the Oak Leaf Trail is a good alternative. You can walk, run, bike, or skate on the trail that traverses Greendale's network of parks.