Scranton, PA Rent To Own Homes

Rent-to-Own Homes in Scranton, PA: What You Need to Know

Cue the famous comedy show jingle. Life in Scranton can be as fun and exciting as a sitcom with its bountiful amenities, rich history and culture, and lush surrounding nature. 

Cost of Living

Scranton’s low cost of living means significant savings for your bank account. Life here is far less expensive than the national average, so locals are free to spend their paychecks as they please. If you plan to move to Scranton, expect daily life to cost more or less the following:

• Median Home Price: $312,300

• Median Rent: $978.30 per month

• Housing: 10% below the national average

• Healthcare: 16% below the national average

• Groceries: 3% above the national average

• Utilities: 6% above the national average

• Transportation: 6% above the national average

• State Income Tax: 3.07% flat rate

• State Sales Tax: 6%

Local Population

Scranton is a small city with 76,624 inhabitants. Its population is predominantly White (72.6%), followed by Latino (14.4%), Black (5.4%), Asian (4.9%), and other/mixed 2.7%). Raising a family here is ideal, as plenty of neighbors (41% to be exact) have families with children to befriend. Young professionals will fit right in, too, as they make up another 25% of the city’s population. 

Know Your Neighborhoods

The Scranton experience dramatically differs depending on your neighborhood of choice. Walkable and lively Downtown Scranton caters to a younger group undisturbed by late-night antics. Though just three miles from the city’s center, East Mountain is a quiet and safe rural-like community sitting atop Moosic Mountain. The Hill is suitable for young adults, as it’s home to three universities. North Scranton and South Side are residential areas fitting for families who will enjoy a tranquil livelihood with close access to countless amenities. 

Things to Do in Scranton

The abundant history and natural beauty of Scranton attract tourists from across the country. The city acts as an arrival destination for those eager to camp, hike, and ski in the Poconos. Even without leaving town, city-goers can enjoy a tranquil nature escape in Nay Aug Park, equipped with a treehouse and accompanying waterfall views. The Steamtown National Historic Site whisks visitors back in time with its full-scale reconstruction of steam engines and industrial structures alongside original turn-of-the-century buildings. To delve deeper into Scranton’s past, check out the Electric City Trolley Museum and Scranton Iron Furnaces. 

Local Transportation

Residents here enjoy a short average commute time of 19 minutes. The city is conveniently interconnected by several freeways, allowing all destinations to be within close reach. Those without vehicles can get around using the COLTS bus system, which provides 29 routes across the county.