Rent to own Homes in Ashland, KY
Ashland, Kentucky is situated within the Huntington-Ashland-Ironton statistical metropolitan area of West Virginia, Kentucky and Ohio. The city is filled with cultural sights, historically rich museums and an abundance of small-town Southern charm. Whether you're discovering nearby Carter Caves or getting closer to nature at Bear Creek Lodge, the activities are endless. Local boutiques and flavorful dining venues only add to this delightful city's overall appeal.
Ashland, KY is a great place for affordable rent-to-own homes! With a median household income of over $42,639 and a median rent of $659, the Ashland, KY 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 Ashland, KY. 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 Ashland, KY Property Resources
Rent to own Homes in Cities Near Ashland, KY
Neighborhoods in Ashland, KY
Ashland rent to own homes Winslow rent to own homes Oakview Blackburn rent to own homes Valley View rent to own homes Normal rent to own homes Ashland Commercial Historic District rent to own homes Bath Avenue Historic District rent to own homes 13th Street Boy Scout Road rent to own homes Central Avenue 29th Street rent to own homes Ashland City Center rent to own homesBuying a Home in Ashland, KY
Ashland, KY is seeing rapid growth and Ashland, KY's' housing market remains optimal with an average home price that is -53% below the 2025 national average. Ashland, KY is part of Boyd 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 2025 for county Boyd is 0.78% which is below the national average, which is 0.99%.
Median Home Price in Ashland, KY
Median Rent in Ashland, KY
Top Five Reasons to Live in Ashland, KY
Interesting history to explore! Ashland is home to the Highlands Museum and Discovery Center, a mecca of interactive learning experiences and exhibits that are geared toward showcasing the city's history and culture. The Henry Clay Estate allows visitors to tour the Great Compromiser's mansion and each of its 18 exquisite rooms. History buffs will relish in the experience of learning about the life of one of America's most acclaimed Senators.
Ample housing and job opportunities! If you're in the market for a home, Ashland's price point can't be beat. Home values here are 25 percent less than the state's average and a staggering 50 percent less than the average nationwide. Ashland also has a lower community unemployment rate and better projected job growth than the nation's average, and its proximity to both Huntington, West Virginia and Ironton, Ohio, allows for even more job prospects without the hassle of a long commute.
Lots of entertainment options! From the Paramount Arts Center to Blue Ribbon Lanes Bowling, Ashland has more than enough to keep you occupied. Enjoy the live music at Chimney Corner Cafe and Callihan's American Pub and Grill, or give in to some retail therapy at Ashland Town Center as well as any number of the city's unique boutiques and antique shops.
Outdoor recreation! Ashland's abundance of parks and recreation will surely keep nature lovers happy. Go for a hike along Central Park's trails, or visit Armco Park for a round of Frisbee golf. The city's Riverfront Park hosts the annual Summer Motion festival, complete with live music, crafts, food vendors, art displays and a car show.
Affordable cost of living! The city's low property costs are another reason to love Ashland. With rental rates approximately 37 percent less than the nation's median, it's easy to see why the city is an excellent place to begin searching for rent to own homes. The general cost of living here is over 17 percent less than the average across the country, leaving you with more money to spend at the Kyova 10 Theater or the Zella Rose Boutique.
