Rent to Own Homes in La Crosse
Throughout the latter half of the nineteenth century, La Crosse grew to become one Wisconsin’s largest cities and an important center for lumber, beer, and education. Today, the city is home to the University of Wisconsin-La Crosse, Viterbo University, and Western Technical College.The below results are primarily rent to own homes in :
Throughout the latter half of the nineteenth century, La Crosse grew to become one Wisconsin’s largest cities and an important center for lumber, beer, and education. Today, the city is home to the University of Wisconsin-La Crosse, Viterbo University, and Western Technical College.The below results are primarily rent to own homes in :
Although not a large city, La Crosse is not far from several important metropolitan centers. It is 160 miles from Minneapolis, about 200 miles from Milwaukee, and less than 300 miles from the capital of the Midwest, Chicago. With cold winters and mild summers, La Crosse has the full range of seasons, making it an ideal place for those who enjoy a variety of outdoor activities.
Buying a Home in La Crosse
Being a college town, it’s not surprising that the median age is only about 29, and just over 33% of the population is married. This makes La Crosse a good location for singles and young families who enjoy an active lifestyle. The median home price in La Crosse is about $128,000. Homes nearer to the river are in the $200,000+ range, and luxury homes costing seven figures are also available.
The cost of living in La Crosse is over 10% below the national average. While groceries, utilities, and transportation all play a role in this, the largest factor is housing, which is over 30% below the nation’s average.
There are both public and private schools – 19 in all – in La Crosse. They are generally rated from 2-7 (out of 10), so families with children should find out about specific schools when neighborhood shopping. The School District of La Crosse serves the area. Total enrollment is about 7,000 students.
Popular Neighborhoods in La Crosse
In 2015 the city’s Washburn neighborhood was ranked by AARP as the 5th best in the nation for people over 50, behind neighborhoods in Madison, Manhattan, Boston, and San Francisco. The rating was based on such factors as housing, proximity to services, schools in the neighborhood, and medical facilities close by. This is an urban neighborhood in the area of Viterbo University. It’s relatively walkable and above average in safety. The average home price is about $142,000.
The Medary/Barre Mills area is made up of mostly medium- and large-sized homes. Seventy percent of its residents are married, making this a good choice for families. Nearly half of the working population works in executive, management, and professional occupations. The median home price is $217,000.
Buying vs. Rent to Own Homes
La Crosse may already be calling to you with its college atmosphere, high livability ranking and low housing cost. Even so, getting financing for a home is big step. Instead, many are taking advantage of rent-to-own options. A portion of each month’s rent goes toward a down payment to eventually buy the house. Without a huge layout of cash, renters can become proud homeowners.
Summary
Four full seasons, an academic atmosphere, low cost of living, good neighborhoods, and proximity to several large cities put La Crosse very much in the running if you’re looking for a place to settle and put down roots.
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