Highland Park Rental townhomes: Advantages of Buying vs. Renting

If you are searching for Highland Park rental townhomes, pause for a couple of minutes and consider the difference in renting townhomes versus buying one. Since it is more expensive today to rent townhomes than to buy one isn’t it at least worth it to consider saving some money by buying Minnesota real estate?

Highland Park Rental townhomes: Is It Worth The Cost of Renting?

Highland Park rental townhomes will usually have the advantage that you can get out of a lease arrangement within 12 to 24 months. This advantage comes at a cost, however, , in that your rent payments will often times exceed those of a house payment. Additionally the rental deposit may well be in excess of the entry cost required for buying a home when considering all of the down payment assistance programs available for MN first time home buyers. Finally, perhaps the real cost in renting a townhomes is the fact that you are helping someone else buy their home with your rent payments, versus buying your own home.

The advantages may certainly be worth it, despite the high cost of renting, to rent if you have plans on moving again at the end of your lease. I tend to think that if you buy a home today you should plan on staying in it for a few years while the market develops.

Benefits To Buying Highland Park townhomes for the First Time Buyer

With all of the benefits available to the MN first time home buyer today, it is hard to know where to start in terms of listing the benefits. The State of Minnesota now offers special loan programs through its Minnesota Housing Finance Agency to offer reduced interest rates as well as down payment assistance. Additionally many communities today offer additional down payment assistance loans or grants that both reduce what you need for cash to close as well as reducing your monthly payment.

The First Step: Get Preapproved!

For many Minnesota first time home buyers the big question is where do I start? Your very first step towards buying your first home is to get prequalified for a home loan. By doing so you find out how much you are qualified for so that we can research homes in a comfortable price range.

Highland, is located in the extreme southwestern corner of Saint Paul. It is bound on the north by Randolph Avenue, on the eastern edge by 35E and on the south and west by the beautiful Mississippi River. Highland Park is a residential area developed after World War I although a number of notable much older houses survive. The Highland area is also the home of several well-known private schools including Cretin High School, Derham Hall, St. Paul Academy/Summit School and the College of Saint Catherine. With plenty of affordable Highland Park homes for sale, this is a great community.

Shawn Hartmann

shawn@hartmannteam.com
Direct 651-468-9099
2680 E Snelling Drive North
Roseville, MN 55113
With a focus on Saint Paul Homes for Sale

Showing properties 1 - 50 of 88. See more 752 - Highland Area.
(all data current as of 5/24/2012)

  1. 3 beds, 1 full, 1 part baths
    Home size: 1,574 sq ft
    Lot size: 7,840 sqft
    Year built: 1957
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  2. 3 beds, 1 full, 1 part baths
    Home size: 2,138 sq ft
    Lot size: 6,098 sqft
    Year built: 1951
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  3. 2 beds, 1 full bath
    Home size: 864 sq ft
    Lot size: 6,534 sqft
    Year built: 1948
    Parking spots: 1
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  4. 4 beds, 4 full, 1 part baths
    Home size: 4,543 sq ft
    Lot size: 1.42 ac
    Year built: 1953
    Listed with RE/MAX Results
    Broker reciprocity icon
  5. 5 beds, 2 full, 1 part baths
    Home size: 3,100 sq ft
    Lot size: 8,276 sqft
    Year built: 1950
    Listed with Lynden Realty, Ltd.
    Broker reciprocity icon
  6. 5 beds, 2 full baths
    Home size: 2,162 sq ft
    Lot size: 5,227 sqft
    Year built: 1935
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  7. 2 beds, 1 full, 1 part baths
    Home size: 995 sq ft
    Lot size: 7,405 sqft
    Year built: 1909
    Listed with Prodigy Real Estate
    Broker reciprocity icon
  8. 3 beds, 1 full, 1 part baths
    Home size: 1,808 sq ft
    Lot size: 5,227 sqft
    Year built: 1948
    Parking spots: 1
    Listed with Counselor Realty, Inc
    Broker reciprocity icon
  9. 3 beds, 2 full baths
    Home size: 2,670 sq ft
    Lot size: 3,484 sqft
    Year built: 1980
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  10. 3 beds, 1 full, 2 part baths
    Home size: 3,246 sq ft
    Lot size: 16,552 sqft
    Year built: 1955
    Listed with Robert Engstrom Companies
    Broker reciprocity icon
  11. 5 beds, 1 full, 3 part baths
    Home size: 3,289 sq ft
    Lot size: 10,018 sqft
    Year built: 1940
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  12. 5 beds, 2 full, 3 part baths
    Home size: 4,190 sq ft
    Lot size: 7,405 sqft
    Year built: 1929
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  13. 4 beds, 1 full, 2 part baths
    Home size: 2,045 sq ft
    Lot size: 9,583 sqft
    Year built: 1938
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  14. 5 beds, 2 full, 3 part baths
    Home size: 3,626 sq ft
    Lot size: 9,583 sqft
    Year built: 1950
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  15. 3 beds, 1 full, 1 part baths
    Home size: 1,642 sq ft
    Year built: 1945
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  16. 3 beds, 1 full bath
    Home size: 1,000 sq ft
    Lot size: 6,098 sqft
    Year built: 1950
    Parking spots: 1
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  17. 3 beds, 1 full, 2 part baths
    Home size: 4,100 sq ft
    Lot size: 13,068 sqft
    Year built: 1953
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  18. 4 beds, 2 full baths
    Home size: 1,648 sq ft
    Lot size: 7,840 sqft
    Year built: 1952
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  19. 2 beds, 1 full, 1 part baths
    Home size: 1,456 sq ft
    Lot size: 4,791 sqft
    Year built: 1940
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  20. 4 beds, 1 full, 1 part baths
    Home size: 2,299 sq ft
    Lot size: 6,098 sqft
    Year built: 1950
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  21. 3 beds, 1 full, 1 part baths
    Home size: 1,544 sq ft
    Lot size: 6,098 sqft
    Year built: 1936
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  22. 3 beds, 2 full baths
    Home size: 1,220 sq ft
    Lot size: 7,840 sqft
    Year built: 1928
    Parking spots: 2
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  23. 3 beds, 1 full, 1 part baths
    Home size: 1,544 sq ft
    Lot size: 4,791 sqft
    Year built: 1932
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  24. 3 beds, 1 full, 1 part baths
    Home size: 1,987 sq ft
    Lot size: 8,276 sqft
    Year built: 1949
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  25. 3 beds, 1 full bath
    Home size: 1,240 sq ft
    Lot size: 5,227 sqft
    Year built: 1931
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  26. 5 beds, 1 full, 1 part baths
    Home size: 2,013 sq ft
    Lot size: 6,098 sqft
    Year built: 1936
    Listed with Keller Williams Integrity RE
    Broker reciprocity icon
  27. 3 beds, 1 full bath
    Home size: 960 sq ft
    Lot size: 6,098 sqft
    Year built: 1950
    Parking spots: 1
    Listed with Home-Egan, Inc.
    Broker reciprocity icon
  28. 3 beds, 1 full bath
    Home size: 1,084 sq ft
    Lot size: 6,098 sqft
    Year built: 1952
    Listed with Direct Home Realty
    Broker reciprocity icon
  29. 4 beds, 2 full, 1 part baths
    Home size: 3,048 sq ft
    Lot size: 17,424 sqft
    Year built: 1941
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  30. 2 beds, 1 full, 2 part baths
    Home size: 2,805 sq ft
    Lot size: 14,810 sqft
    Year built: 1959
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  31. 4 beds, 1 full, 1 part baths
    Home size: 2,070 sq ft
    Lot size: 6,969 sqft
    Year built: 1938
    Parking spots: 1
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  32. 3 beds, 1 full, 1 part baths
    Home size: 1,404 sq ft
    Year built: 1954
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  33. 4 beds, 2 full baths
    Home size: 1,868 sq ft
    Lot size: 6,534 sqft
    Year built: 1952
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  34. 4 beds, 2 full, 2 part baths
    Home size: 2,600 sq ft
    Lot size: 5,662 sqft
    Year built: 1947
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  35. 4 beds, 2 full, 1 part baths
    Home size: 2,700 sq ft
    Lot size: 9,147 sqft
    Year built: 2012
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  36. 4 beds, 2 full, 1 part baths
    Home size: 2,700 sq ft
    Lot size: 9,147 sqft
    Year built: 2012
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  37. 4 beds, 1 full, 2 part baths
    Home size: 2,440 sq ft
    Lot size: 6,098 sqft
    Year built: 1966
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  38. 5 beds, 2 full, 2 part baths
    Home size: 4,105 sq ft
    Lot size: 10,018 sqft
    Year built: 1930
    Listed with P L Dorn Company Inc
    Broker reciprocity icon
  39. 4 beds, 1 full, 2 part baths
    Home size: 2,188 sq ft
    Lot size: 7,405 sqft
    Year built: 1949
    Listed with RE/MAX Results
    Broker reciprocity icon
  40. 2 beds, 1 part bath
    Home size: 1,000 sq ft
    Lot size: 5,662 sqft
    Year built: 1908
    Listed with Keller Williams Premier Realty
    Broker reciprocity icon
  41. 4 beds, 2 full, 2 part baths
    Home size: 2,948 sq ft
    Lot size: 5,227 sqft
    Year built: 2005
    Parking spots: 2
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  42. 2 beds, 1 full bath
    Home size: 1,077 sq ft
    Lot size: 4,791 sqft
    Year built: 1940
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  43. 4 beds, 1 full, 1 part baths
    Home size: 2,290 sq ft
    Lot size: 5,227 sqft
    Year built: 1953
    Listed with Real Fic Realty
    Broker reciprocity icon
  44. 2 beds, 1 full bath
    Home size: 820 sq ft
    Lot size: 5,227 sqft
    Year built: 1925
    Listed with RE/MAX Results
    Broker reciprocity icon
  45. 3 beds, 1 full, 1 part baths
    Home size: 1,948 sq ft
    Lot size: 6,534 sqft
    Year built: 1951
    Listed with Greater Midwest Realty
    Broker reciprocity icon
  46. 3 beds, 1 full, 1 part baths
    Home size: 2,010 sq ft
    Lot size: 11,325 sqft
    Year built: 1953
    Listed with RE/MAX Results
    Broker reciprocity icon
  47. 2 beds, 1 full bath
    Home size: 1,026 sq ft
    Lot size: 4,791 sqft
    Year built: 1910
    Listed with Keller Williams Integrity RE
    Broker reciprocity icon
  48. 3 beds, 1 full bath
    Home size: 1,291 sq ft
    Lot size: 4,791 sqft
    Year built: 1946
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  49. 1 bed, 1 full bath
    Home size: 560 sq ft
    Lot size: 2,178 sqft
    Year built: 1925
    Listed with Century 21 Pastrana, Inc
    Broker reciprocity icon
  50. 3 beds, 2 full baths
    Home size: 1,140 sq ft
    Lot size: 6,098 sqft
    Year built: 1942
    Parking spots: 1
    Listed with Edina Realty, Inc.
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Travis Olson

Travis OlsonTravis Olson graduated with a Bachelor of Science degree from Mankato State University. Travis began his Real Estate career in 2005 and with innovation of cutting edge systems and business models has become a valued resource for Keller Williams Realty.

 Leave a Reply

(required)

(required)

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

   
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. All real estate listings are marked with the Broker ReciprocitySM logo, and detailed information about them includes the name of the listing brokers.

Information deemed reliable but not guaranteed.

Copyright 2012 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

Regional Multiple Listing Service of Minnesota Logo

This IDX solution is (c) Diverse Solutions 2012.