Rent to Own Homes in Portland
Portland is a small town located just south of the John Cring Memorial Forest on the eastern edge of Indiana. This location is close to the Salamonie River and rests approximately 50 miles south of Fort Wayne and about 90 miles northeast of Indianapolis. Dayton, Ohio, is less than a two-hour drive to the southeast, and Columbus is within a two-hour... Read More
Portland is a small town located just south of the John Cring Memorial Forest on the eastern edge of Indiana. This location is close to the Salamonie River and rests approximately 50 miles south of Fort Wayne and about 90 miles northeast of Indianapolis. Dayton, Ohio, is less than a two-hour drive to the southeast, and Columbus is within a two-hour drive to the east. There were approximately 6,000 residents in the city as of 2015, and the population is expected to remain modest in years to come. Many of those residents appreciate the peaceful, family-friendly character of the city.
When Portland residents are looking for entertainment or outdoor recreation, they can visit the Jay County Historical Society or head out to Hudson Family Park or Freedom Park. There are several registered national historic places within city limits, including the Jonas Votaw House, the Jay County Courthouse and the Portland Commercial Historic District.The below results are primarily rent to own homes in Jay County, IN:
Portland is a small town located just south of the John Cring Memorial Forest on the eastern edge of Indiana. This location is close to the Salamonie River and rests approximately 50 miles south of Fort Wayne and about 90 miles northeast of Indianapolis. Dayton, Ohio, is less than a two-hour drive to the southeast, and Columbus is within a two-hour... Read More
Portland is a small town located just south of the John Cring Memorial Forest on the eastern edge of Indiana. This location is close to the Salamonie River and rests approximately 50 miles south of Fort Wayne and about 90 miles northeast of Indianapolis. Dayton, Ohio, is less than a two-hour drive to the southeast, and Columbus is within a two-hour drive to the east. There were approximately 6,000 residents in the city as of 2015, and the population is expected to remain modest in years to come. Many of those residents appreciate the peaceful, family-friendly character of the city.
When Portland residents are looking for entertainment or outdoor recreation, they can visit the Jay County Historical Society or head out to Hudson Family Park or Freedom Park. There are several registered national historic places within city limits, including the Jonas Votaw House, the Jay County Courthouse and the Portland Commercial Historic District.The below results are primarily rent to own homes in Jay County, IN:
Some of the biggest employers in Portland include Tyson, FCC, Motherson Sumi Systems ATI and Sonoco. Residents can also commute to other areas of Jay County for additional employment opportunities. As of 2015, the average household size in Portland was fewer than three people and there were nearly 3,000 acknowledged households.
Buying vs Rent to Own Homes?
Portland is a great place to buy a home, but you may need some time to prepare for the loan application process. Rent-to-own homes may give you that time. These homes come with a nontraditional contract that allows you to rent the property that you intend to purchase in the future. You may have a year or longer to secure financing and officially close on the home. Until that day, you pay a monthly rental fee just as you would with any other rental property. The difference is that your rent is now an investment in the property that you will one day call your own.
Indiana residents in search of low housing prices may consider moving to the city of Portland. This small town is positioned on the eastern edge of the city and is convenient to multiple large cities in Indiana and Ohio. There are some large manufacturing companies offering jobs in this region of the state, and more opportunities are available in surrounding communities. The city is lined with family-friendly parks and is home to some registered historic places. Residents are often pulled to the area by the promise of low housing prices. The cost of housing is often well below 50 percent of the national average.
Summary
Indiana residents in search of low housing prices may consider moving to the city of Portland. This small town is positioned on the eastern edge of the city and is convenient to multiple large cities in Indiana and Ohio. There are some large manufacturing companies offering jobs in this region of the state, and more opportunities are available in surrounding communities. The city is lined with family-friendly parks and is home to some registered historic places. Residents are often pulled to the area by the promise of low housing prices. The cost of housing is often well below 50 percent of the national average.
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