As a Midwestern hub with a long, rich history, there is so much that Detroit, MI, is known for. From automotive history, to legendary music, to popular sports, this resurging city has so much to offer all who come across it. Whether you’re looking for an apartment in Detroit, MI, planning to rent a house in the city, or buying a home in the area, this list of 16 unique things to do in Detroit is hand-picked by local experts to help you immerse yourself in the spirit of the Motor City.
1. Wander the beautiful Belle Isle Park
Audio-D Tours, a free mobile tour company highlighting unique things to do in Detroit, didn’t hesitate to recommend Belle Isle Park. Just a few minutes from downtown, the park includes numerous free attractions, rental kayaks, the Dossin Great Lakes Museum, peaceful picnic spots and new playscapes. Get more information about each of these spots in the park with their free audio tours.
2. Drift into Motor City heritage
Detroit is known as the origin of the American automotive industry. It is home to the 120-year-old Ford Piquette Avenue Plant, the birthplace of the iconic Model T, the car that put the world on wheels. Now a museum and U.S. National Historic Landmark, it offers visitors a glimpse into the origins of the Motor City through film, exhibits, original artifacts, and a collection of rare antique vehicles.
3. Savor fresh fish from the Great Lakes
Head over to the Marina District to experience the flavors of fresh fish indigenous to the Great Lakes. Dining at Sindbad’s Restaurant & Marina is a must on this list of unique things to do in Detroit. Their local meals feature fresh Perch and Walleye that celebrate the aquatic bounty and showcase the best of the Great Lakes.
4. Stop for a scoop at Sedo’s
Located in the picturesque and historic Villages, Sedo’s Ice Cream on Agnes St. offers a selection of sweet treats to indulge in. Try one of their 16 rotating ice cream flavors, or treat yourself to a sundae, milkshake, or malt to enjoy while you explore the neighborhoods of Detroit.
5. Jump into the sports culture
“If you’re getting to know Detroit, the first thing to know is that we are diehard sports fans, whether our team is good or not,” shares Matt, leader of local band Collision Six. “Make sure to check out a Tigers, Lions, Wings, or Pistons game. We think the best times to go are when there is live music at the home games or during big events like opening night.”
6. Experience the perfect fusion of Detroit energy
A visit to The Lager House in the Corktown neighborhood is a must. It’s the perfect spot to experience Detroit’s diverse music scene live while soaking in the area’s blend of old-school grit and new energy. Their hidden speakeasy downstairs offers a cozy, retro contrast to their lively outdoor courtyard, and the offerings of local craft beer and Detroit-style eats give you a true taste of what life in Detroit is like.
7. Take a walk on a self-guided statue tour
“One of the best things about Detroit is that we value public art,” shares Peter, co-owner of local Van Dyke Books. Here is his recommendation for a short walking tour of Detroit’s most iconic statues:
Start at Campus Martius to find two statues that contrast the new Detroit with the ancient Detroit: the 152-year-old Michigan Soldiers’ and Sailors’ Monument and the newer “Waiting” statue by modern artist KAWS.
Head south from Woodard Ave to Jefferson Ave to find “The Fist,” a giant black-bronze fist suspended by chains in the center median. This statue honors Joe Louis, legendary Detroit boxer and one of the first Black national heroes.
Continue south to land in Hart Plaza. This riverside plaza is dotted with numerous works of art, including a life-sized statue of the city’s founder, the International Monument to the Underground Railroad, a 63-foot-tall monument to the Detroit labor movement called “Transcending”, and many more.
8. Find connection and support in the community
BasBlue is an inclusive, safe, and diverse community of women and non-binary individuals. If you’re new to the area and searching for an authentic, empowering, and loving group to connect with, look no further. Equipped with a library and café filled with locally sourced coffee, craft cocktails, a curated wine list, and delightful culinary options, it’s the perfect place to soak up all that Detroit has to offer.
9. Explore the Motor City on two wheels
Wheelhouse Detroit, right on the Detroit Riverwalk, is a bicycle shop that offers retail, service, rentals, and even tours of the city. Whether you’re looking for your dream bike to take adventuring through your new neighborhood or you want to join your friends on an in-depth pedal with the inside scoop, this locally owned and women-led team is eager to help you with all of your cycling needs.
10. Grab a slice from local Belle Isle Pizza
Named after the beloved Belle Isle Park in the heat of the Detroit River, Belle Isle Pizza sits nestled between historic Indian Village and West Village. This pizzeria is a local staple, bringing people together with handcrafted pizzas made from fresh, local ingredients. It embodies the grit, warmth, and pride that define what it means to live in Detroit.
11. Get an i-cone-ic experience at MJ’s North End Ice Cream Parlor
If you’re looking for a great locally-owned spot to hang out and learn about more unique things to do in Detroit, make sure to visit MJ’s Ice Cream Parlor in the North End neighborhood. This area is immersed in music history, once home to some of Motown’s icons such as Aretha Franklin, Smokey Robinson, and Stevie Wonder to name a few. Be sure to ask the owners for the inside scoop on the little-known facts of the neighborhood.
12. Celebrate the culture and diversity of the city with Distinctively Detroit Tours
Step off the beaten path and dive into the vibrant culture and history of Motown like never before with Distinctively Detroit Tours. From the first and only hip-hop history tour led by a celebrity recording artist, to an insider’s look at the city’s thriving music industry, the hidden gems of Detroit’s art and history, or mouthwatering culinary destinations, there are so many great tour options for all ages and interests.
13. Cozy up with tea and treasures
If you’re looking for a comfy spot to shop, gather, or work, keep an eye out for CommodiTeas Tea Shop in the Fisher Building. Local owner, Katrina, really knows her tea, and will help you find the perfect cup to cozy up with—hot or iced. The lush surroundings make it easy to relax in, and the shop includes beautiful items perfect for a housewarming party gift – for a friend or for yourself.
14. Sip and pedal on a moving party
Experience Detroit in a whole new way with Detroit Roll House, the first and only pedal pub with a live DJ. This unique thing to do in Detroit takes you through the streets of Motor City with an expert blend of music, fun, and scenic views while you power the ride as the DJ pumps the vibes. Whether you’re celebrating or just exploring with friends, this is the ultimate way to enjoy the city’s striking views and profound culture.
15. Experience Detroit’s revitalized energy
“Detroit is experiencing an exciting resurgence, showcasing vibrant new and existing businesses, restaurants, and attractions,” shares Craig, owner of local Craig’s Coffee, a standout roaster known for their sustainably sourced beans and small-batch roasted coffee. “Must-see spots include the expanded Motown Museum and the beautifully restored Michigan Central Station in Corktown.” Stop by Criag’s for the perfect warm-up after a day filled with exploring.
16. A few highlights for a shorter trip
Not staying in Detroit long? The Albert Kahn Legacy Foundation, which honors the life and legacy of architect Albert Kahn, shares a few extra unique things to do in Detroit for a well-rounded introduction to the city:
Fisher Building: Designed by Albert Kahn, this is a must-see for Detroit’s history buffs, featuring stunning Art Deco architecture and intricate interior details.
Detroit Institute of Arts:A cultural landmark with a world-class collection, including Diego Rivera’s famous murals.
Eastern Market: Visit on a Saturday for a taste of Detroit, where the largest historic public market brims with local vendors, fresh produce, and artisan goods.
Detroit RiverWalk: An ideal spot for jogging or strolling, offering beautiful river views, public art, and nearby parks.
Detroit Jazz Festival: The annual festival showcases the city’s musical heritage, drawing top jazz musicians from around the globe and filling the city with soul-stirring sound.
Unique things to do in Detroit, MI: The Motor City is moving on up
Detroit stands as a testament to resilience and transformation with a rich history that shapes its ever-evolving identity. Whether you’ve lived in the city for a while and are looking for more connection, or you’re trying to decide if Detroit is a good place to live before making a big move, these unique things to do in Detroit chosen by local experts showcase everything the city is known for.
The information provided on this website does not, and is not intended to, act as legal, financial or credit advice.See Lexington Law’s editorial disclosure for more information.
Landlords don’t report your rent payments to the credit bureaus, but there are rent-reporting services that allow you to add rent to your credit report. This can help build your score by improving your credit history.
The only thing worse than having to pay rent is having nothing to show for it on your credit score. Unlike mortgage loan lenders, landlords are not required to report your rent payments to the major credit bureaus, so your credit report won’t automatically reflect them. But the good news is that you can learn how to add rent to your credit report to build your score.
In this guide, we teach you how you can build credit with rent payments through rent-reporting services. You’ll learn how these reporting services work, which companies provide these services and what to look for.
Does paying rent build credit?
Paying your rent each month doesn’t help you build credit on its own. It costs your landlord money to report your payments to the credit bureaus, which is why many landlords don’t report.
Rent doesn’t help you build credit, but it’s helpful to know how your renting can negatively affect your credit. When you initially fill out a rental application, your credit score can temporarily decrease if the landlord runs a hard inquiry into your credit report. Your credit score can also decrease if you owe the landlord money and it goes to collections. This can happen if you owe money after moving out or when breaking your lease agreement.
Which rent-reporting services help build credit?
There are a few different ways to report your rent to help you build credit. Some companies charge for rent reporting, but you can also find services that do it for free. As more landlords learn about the benefits of reporting rent, many are beginning to provide it for tenants. A recent TransUnion® report found that 27 percent of landlords who know about rent reporting have adopted the practice.
Below, we list some of the best rent-reporting services. As you’ll see, some services only report to specific credit bureaus.
Free rent-reporting services for tenants
Experian Boost®: Experian Boost is a free rent reporting service created by the major credit bureau Experian. This app allows users to report all monthly bills to Experian, from rent payments to video streaming services.
Piñata: This app bills itself as the solution to make rent rewarding for its users, and it is partnered with TransUnion.
Self: Self has a free plan that allows tenants to report their rent payments. With the upgraded paid service, you can report your utility and cell phone payments. Utility payments are only reported to TransUnion.
Paid rent-reporting services for tenants
Boom: This service is an app for renters to track their payments and boost their credit score by reporting payments to all three bureaus.
Credit Rent Boost: This is a paid service tenants can use to report their credit scores to TransUnion and Equifax®. You will have to pay a la carte every time for past and ongoing rent payments.
RentReporters: This service is a one-time fee and will add 24 months of past rent payments to your credit report immediately for a quick boost. This service reports to Equifax and TransUnion.
Rental Kharma: Rental Kharma charges a one-time setup fee and a monthly subscription. They report all of your past history for your current address to TransUnion and Equifax. For an additional fee and monthly charge, you can add a roommate or spouse.
PaymentReport: This service reports to Equifax and charges a small monthly fee. You’ll need to link your bank account so they can verify your payments. They also have a free option if you can provide landlord verification.
Rock the Score: After an enrollment fee, you pay monthly for reporting to TransUnion and Equifax. You can pay an additional fee for up to two years of your rental history.
Rent-reporting services for landlords
Esusu Rent: With Esusu Rent, a landlord will collect rent payments through the Esusu online portal. Then, Esusu will share tenants’ payment history with every major credit bureau.
Rent Dynamics: This is a CRM for landlords to create and manage renter profiles, implement omnichannel communication services and help their residents build credit through the Resident Retention program.
PayYourRent: Landlords or property management pays the fee to report to all three credit bureaus. Tenants can choose to opt in or out at any time.
ClearNow: Landlords can provide this service to take rent out of tenant checking or savings accounts. ClearNow reports to Experian® only.
Bilt Rewards: This service is specific to Bilt Alliance properties that participate. Tenants receive the option to use this service upon move-in and can earn points using the Bilt credit card. Bilt Rewards reports to all three bureaus.
Azibo: Azibo reports to all three bureaus and allows tenants to make free ACH bank transfers for their rent payments. Tenants also have the option to pay by debit or credit card for a 2.99 percent convenience fee.
Jetty Credit: This is part of a pilot program from Fannie Mae and is free to renters at participating properties. It adds two years of previous rental history and also reports on-time utility bills. Jetty Credit reports to all three bureaus.
How to report rent to credit bureaus
While there aren’t any self-rent-reporting methods to send your rent payment history directly to the major bureaus, you can use third-party reporting services. Your payment history is worth 35 percent of your credit score, so a rent-reporting service can be instrumental when trying to improve your credit score. Typically you connect to your bank account to verify you’re paying your rent. Some can link to credit cards as well.
Each rent-reporting service is different and will have different costs, so it’s beneficial to research and compare the options. Once you find a service to use, you should continue to check your credit report to ensure the payments are showing.
It may be helpful to talk to your landlord prior to choosing a service. Some landlords report rent because it helps them screen tenants and can incentivize renters to pay on time to avoid lowering their score. If they see how it can benefit their business, they may decide to provide rent reporting.
What to look for in rent-reporting services
You have multiple options for rent-reporting services, and the right one depends on your unique situation. There are both free and paid services, so your budget is something to take into consideration. Just remember, the least expensive option may not be the best one.
Here are some factors to keep in mind when choosing a service that reports your rent:
Cost: The price should be within your budget.
Additional reporting: Some services offer additional reporting for utilities and other regular payments.
Credit bureaus: Ideally, you want your rent reported to all three credit bureaus.
Rental history: Services sometimes add up to two years of previous rental history on signup.
Cancellation policy: See if the service will let you cancel at any time or if there’s a fee.
Reviews: It’s always helpful to see what current and previous customers say about the service.
Can your personal credit score benefit from rent reporting?
One challenge many people face is that they don’t know if their credit score needs a boost from rent reporting because they’re unsure where they stand. Here at Lexington Law Firm, you can receive a free credit assessment.
Note: Articles have only been reviewed by the indicated attorney, not written by them. The information provided on this website does not, and is not intended to, act as legal, financial or credit advice; instead, it is for general informational purposes only. Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client or fiduciary relationship between the reader, user, or browser and website owner, authors, reviewers, contributors, contributing firms, or their respective agents or employers.
When people think of Detroit, they often picture its vibrant downtown and automotive legacy, but the true essence of living in Detroit extends beyond the urban core. The suburbs of Detroit offer a variety of residential areas that provide a quieter, more relaxed lifestyle while still being connected to the city’s rich history and amenities. These Detroit suburbs are spread across the metropolitan area, each with its own unique character and appeal.
In this ApartmentGuide article, we’ll explore some of the most notable Detroit suburbs—from cultural hubs to serene, nature-filled communities—highlighting key aspects such as population, average rent, and what makes each area stand out. Whether you’re searching for the perfect apartment in Detroit or curious about the different Detroit neighborhoods, let’s discover the best parts of Metro Detroit to call home.
Cost of living in Detroit
Before we dive into the top Detroit suburbs, let’s cover how much it costs to live in Detroit. The overall cost of living in Detroit is about 3% higher than the national average, making it slightly more expensive compared to the national standard. Housing is a key factor, with the median sale price for a home in Detroit at $91,000, which is significantly lower than the national average of $432,657. Rent follows a different trend, with the average rent for a one-bedroom apartment in Detroit at $1,680, higher than the national average of $1,514.
While some suburbs around Detroit offer more affordable options, others can be more expensive, depending on their amenities and location. Here, we’ll explore a range of top suburbs, providing different lifestyle and housing opportunities depending on your budget and preferences.
If you’re looking for more specific rental insights, check out our guides on the 4 Most Expensive Neighborhoods in Detroit to Rent in 2024.
1. Grosse Pointe
Known for: Historic architecture, lakefront views, and charming neighborhoods
Grosse Pointe is one of Detroit’s most prestigious suburbs, known for its waterfront homes and historical architecture. Situated along Lake St. Clair, this suburb boasts beautifully preserved estates, quaint streets, and proximity to downtown Detroit. Grosse Pointe offers a suburban atmosphere with a blend of elegance and access to parks, shopping, and fine dining.
Population: 45,000 Median home sale price: $514,000 Grosse Pointe transportation scores: Walk Score 69, Bike Score 64
Apartments for rent in Grosse Pointe, MI | Houses for rent in Grosse Pointe, MI | Homes for sale in Grosse Pointe, MI
2. Royal Oak
Known for: Lively downtown, arts scene, and walkability
Royal Oak’s bustling downtown, filled with restaurants, entertainment venues, and coffee shops, makes it one of Detroit’s most vibrant suburbs. The nightlife is energetic, with a variety of bars and the famous Royal Oak Music Theatre. With easy access to highways, it’s a popular spot for commuters working in Detroit while enjoying the suburb’s trendy, artistic vibe.
Population: 59,000 Median home sale price: $342,000 Royal Oak transportation scores: Walk Score 57, Bike Score 53
Apartments for rent in Royal Oak, MI | Houses for rent in Royal Oak, MI | Homes for sale in Royal Oak, MI
3. Ferndale
Known for: Artsy vibe, local shops, and community events
Ferndale offers a creative atmosphere, attracting residents who enjoy unique local shops, vintage stores, and independent restaurants. Its strong sense of community is reflected in the many street fairs, art shows, and food festivals held throughout the year. With its compact downtown and walkable streets, Ferndale provides a charming, lively setting for residents.
Population: 20,000 Median home sale price: $250,000 Ferndale transportation scores: Walk Score 67, Bike Score 67, Transit Score 13
Apartments for rent in Ferndale, MI | Houses for rent in Ferndale, MI | Homes for sale in Ferndale, MI
4. Birmingham
Known for: Upscale boutiques, fine dining, and cultural attractions
Birmingham is one of Metro Detroit’s most affluent suburbs, combining high-end living with a downtown filled with boutiques, art galleries, and gourmet restaurants. The walkability of Birmingham’s downtown, combined with its luxury shopping options, has made it a popular area for professionals. Despite its upscale reputation, Birmingham’s sense of community and plentiful parks add to its charm.
Population: 21,000 Median home sale price: $983,000 Birmingham transportation scores: Walk Score 60, Bike Score 47
Apartments for rent in Birmingham, MI | Houses for rent in Birmingham, MI | Homes for sale in Birmingham, MI
5. Troy
Known for: Great schools, business hub, and shopping centers
Troy is a large suburban city that combines residential living with business districts and abundant shopping options like the upscale Somerset Collection mall. With top-rated schools, beautiful parks, and a range of housing options, Troy is one of the most desirable suburbs in the Detroit metropolitan area.
Population: 84,000 Median home sale price: $430,000 Troy transportation scores: Walk Score 29, Bike Score 41
Apartments for rent in Troy, MI | Houses for rent in Troy, MI | Homes for sale in Troy, MI
6. Dearborn
Known for: Cultural diversity, Middle Eastern heritage, and proximity to Detroit
Dearborn is one of Detroit’s most culturally rich suburbs, known for its large Middle Eastern community and iconic landmarks like the Arab American National Museum. The suburb is home to Ford Motor Company’s headquarters, adding a significant economic presence. Dearborn combines cultural vibrancy with suburban comfort, making it an excellent place for those who want to stay close to Detroit but enjoy a quieter atmosphere.
Population: 110,000 Median home sale price: $257,450 Dearborn transportation scores: Walk Score 58, Bike Score 47
Apartments for rent in Dearborn, MI | Houses for rent in Dearborn, MI | Homes for sale in Dearborn, MI
7. Livonia
Known for: Large shopping malls, suburban atmosphere, and recreational parks
Livonia is a highly sought-after suburb with a blend of residential neighborhoods, shopping hubs, and parks. It’s known for its strong retail presence, including major shopping malls and entertainment centers. Livonia offers a well-rounded suburban lifestyle with excellent access to both Detroit and Ann Arbor, making it convenient for commuters.
Population: 94,000 Median home sale price: $317,500 Livonia transportation scores: Walk Score 36, Bike Score 45
Apartments for rent in Livonia, MI | Houses for rent in Livonia, MI | Homes for sale in Livonia, MI
8. Novi
Known for: Growing economy, modern developments, and top-rated schools
Novi is a rapidly growing suburb that boasts a strong economy, driven by commercial and industrial development. It’s an attractive option for those seeking new housing developments, shopping centers, and proximity to excellent schools. Novi also offers ample parks and recreational spaces, creating a balanced suburban lifestyle.
Population: 66,000 Median home sale price: $489,950 Novi transportation scores: Walk Score 19, Bike Score 45
Apartments for rent in Novi, MI | Houses for rent in Novi, MI | Homes for sale in Novi, MI
Methodology: The suburbs included in this list were selected based on their overall popularity, determined by search trends and housing demand in the Detroit area. Average rent and home sale price data were sourced from Redfin and Rent.com as of October 2024. Transportation data, including Walk Scores, Bike Scores, and Transit Scores, was sourced from Walk Score.
You may have heard that 20% is the ideal down payment on a house, but that doesn’t mean you must pony up that amount to become a homeowner. In truth, the average house down payment is considerably smaller. Currently, the median down payment for a house is 15%, according to data from the National Association of Realtors® (NAR).
Here, you’ll learn more about down payments so you can house-hunt like an insider. Getting a sense of what others are paying and how that differs based on geographic area is helpful. We’ll also share how you might access help if you can’t come up with 20%. Armed with this intel, you’ll be better prepared to navigate that major rite of passage: purchasing a home.
Table of Contents
Key Points
• The median down payment for a house in the US ranges widely from 10% to 35% of the purchase price.
• The amount of the down payment can vary based on factors like loan type, credit score, and lender requirements.
• A larger down payment can result in lower monthly mortgage payments and potentially better loan terms.
• Down payment assistance programs and gifts from family members can help with affordability.
• It’s important to save and plan for a down payment to achieve homeownership goals.
Average Down Payment Statistics
As of 2023, the median down payment for a house was 15%, or $63,908 if you consider that the median national home price in 2023 was $426,056, according to Redfin. This was up slightly from 13% in 2022, according to the NAR. (The median means half of buyers put down less and half put down more; it’s generally considered a better barometer than an average, because the latter can be thrown off by outliers — people who spend wildly more or less than usual.)
This 15% figure shows that the conventional wisdom that you need 20% down to purchase a home is, to a large extent, untrue. In fact, in an April 2024 SoFi survey of prospective homebuyers, many planned to put down far less than 20%. Almost a third of respondents (29%) said they planned to put down 10% or less, and 7% of those surveyed were exploring zero-down-payment options.
A 20% down payment will lower your mortgage amount and monthly payments vs. a smaller down payment, and will allow you to avoid private mortgage insurance (PMI), but it’s not the only game in town.
Average Down Payment on a House for First-Time Buyers
First-time buyers make about a third of all home purchases, and the typical down payment for first-time buyers in the NAR survey was 8%, while repeat buyers’ typical down payment was 19%. (Repeat buyers often have money from the sale of their first residence to put toward the purchase of their next one.)
Down Payment Requirements by Mortgage Loan Type
The amount of money you put down on a home may be governed in part by the type of mortgage loan you choose (and conversely, how much money you have saved for a down payment could dictate the type of mortgage you qualify for). Let’s take a look at the different loan types and their down payment requirements.
Remember that if you are buying your first home or you haven’t purchased a residence in three or more years, you may qualify as a first-time homebuyer and be eligible for special first-time homebuyer programs.
Conventional Loan
This is the kind of loan favored by most buyers, and for first-time homebuyers some conventional home loans can allow for as little as 3% down on a home purchase. A repeat homebuyer might need to put down a bit more — say 5%.
FHA Loan
An FHA loan, acquired through private lenders but guaranteed by the Federal Housing Administration, allows for a 3.5% minimum down payment if the borrower’s credit score is at least 580.
VA Loan and USDA Loan
These loans usually require no down payment, although there are still other hoops to jump through to qualify for one of these loans.
A VA loan backed by the Department of Veterans Affairs, is for eligible veterans, service members, Reservists, National Guard members, and some surviving spouses. The VA also issues direct loans to Native American veterans or non-Native American veterans married to Native Americans. For a typical VA loan borrower, no down payment is required.
A USDA loan backed by the U.S. Department of Agriculture is for households with low to moderate incomes buying homes in eligible rural areas. The USDA also offers direct subsidized loans for households with low and very low incomes. Typically, a credit score of 640 or higher is needed. While borrowers can make a down payment, one is not required.
Jumbo Loan
A jumbo loan is a loan for an amount over the conforming loan limit, which is set by the Federal Housing Finance Agency (FHFA). In most U.S. counties, the conforming loan limit for a single-family home in 2024 is $766,550. Minimum down payment rules for jumbo loans vary by lender but are generally higher than those for conforming loans. Some lenders require a 10% down payment, and others require as much as 20%.
For all of the above loan types, the home being purchased must be a primary residence in order to qualify for the minimum down payment, but a homebuyer can use a conventional or VA loan to purchase a multifamily property with up to four units if one unit will be owner-occupied.
Average Down Payment by Age Group
The latest NAR Home Buyers and Sellers Generational Trends Report breaks down by age the percentage of a home that was financed by homebuyers in 2023.
Older buyers tend to use proceeds from the sale of a previous residence to help fund the new home. Buyers 59 to 68 years old, for instance, put a median of 22% down, the NAR report shows.
Most younger buyers depend on savings for their down payment. Buyers ages 25 to 33 put down a median of 10%, and those ages 34 to 43, 13%. A fortunate 20% of the younger homebuyers (those age 25-33) received down payment help from a friend or relative.
Percentage of Home Financed
All buyers
Ages 25-33
Ages 34-43
Ages 44-58
Ages 59-68
Ages 69-77
Ages 78-99
50%
15%
6%
8%
15%
22%
31%
29%
50-59%
6%
2%
5%
5%
9%
14%
11%
60-69%
6%
2%
5%
6%
9%
11%
9%
71-79%
13%
13%
14%
14%
12%
9%
15%
80-89%
23%
26%
27%
22%
19%
18%
14%
90-94%
13%
19%
14%
12%
10%
4%
8%
95-99%
14%
22%
17%
12%
8%
4%
7%
100% (financed the whole purchase)
12%
9%
11%
13%
9%
9%
6%
Average Down Payment by State
The average house down payment in any given state is tied to home prices in that location. You can look into the cost of living by state for an overview and then find the median home value in a particular state at a given point in time and estimate what your down payment might be.
The least expensive states in which to buy a home? Iowa, Oklahoma, Ohio, Mississippi, and Louisiana are among them, according to Redfin.
Average Down Payment On a House in California
California, the most populous state and one of the largest by area, is joined by Hawaii and Colorado on many lists of the most expensive states in which to buy a house. Redfin shows a median sales price of $859,300 in California in spring of 2024. A 3% down payment would be $25,779; 10% down, $85,930; and 20% down, $152,260. The Los Angeles housing market is among the toughest in California, with the median sale price up more than 10% in the last year to $1,050,000. You might want to check out housing market trends by city as well if you are interested in finding out where owning a home could be more or less expensive.
Hawaii comes out near the top with a median home price of $754,800. Three percent down would be $22,644; 10% down, $75,480; and 20%, $150,960. In Hawaii, the conforming loan limit is $1,149,825, a reflection of the state’s high home prices. If you need a mortgage for more than that amount in Hawaii, you’ll be in the market for a jumbo loan.
Recommended: How to Afford a Down Payment on Your First Home
First-time homebuyers can prequalify for a SoFi mortgage loan, with as little as 3% down.
Source of Down Payment
You’re probably wondering where homebuyers get the money to afford a down payment, especially first-time homebuyers. NAR has polled buyers to probe that question. Not surprisingly, more than half of buyers (53%) simply say they have saved up the money — which of course isn’t simple at all.
Savings is especially likely to fund a home purchase for those ages 25-33. Almost three-quarters of younger buyers rely on it for their down payment. Older buyers also use savings but are more likely to draw on the sale of a primary residence. This is especially true after age 59.
Other down payment sources include gifts from relatives or friends, sale of stock, a loan or draw from a 401K or pension, or an inheritance. For those who don’t have generational wealth or savings to rely on, first-time homebuyer programs can make home ownership possible.
City, county, and state down payment assistance programs are also out there. They may take the form of grants or second mortgages, some with deferred payments or a forgivable balance.
How Does Your Down Payment Affect Your Monthly Payments?
Curious to see what your potential mortgage would look like based on different down payments? Start with a home affordability calculator (like the one below) to get a feel for how much you’ll need to put down and other expenses.
Or use this mortgage calculator to estimate how much your mortgage payments would be, depending on property value, down payment, interest rate, and repayment term.
What Do I Need to Buy a House?
If Your Down Payment Is Less Than 20%
If your down payment will be less than 20%, you now know that you’ll have plenty of company. (In SoFi’s survey, 14% of would-be buyers said not having an adequate down payment was their primary challenge.) Consider these ways to optimize the situation:
• A government loan could be the answer: FHA loans are popular with some first-time buyers because of the lenient credit requirements. The down payment for an FHA loan is just 3.5% if you have a credit score of 580 or more. Just know that upfront and monthly mortgage insurance premiums (MIP) always accompany FHA loans, and remain for the life of the loan if the down payment is under 10%. If you put 10% or more down, you’ll pay MIP for 11 years.
• You may be able to improve your loan terms: If you can’t pull together 20% for a down payment, you can still help yourself by showing lenders that you’re a good risk. You’ll likely need a FICO® score of at least 620 for a conventional loan. If you have that and other positive factors, you may qualify for a more attractive interest rate or better terms.
• You can eventually cancel PMI: Lenders are required to automatically cancel PMI when the loan balance gets to 78% LTV of the original value of the home. You also can ask your lender to cancel PMI on the date when the principal balance of your mortgage falls to 80% of the original home value.
You may be able to find down payment assistance: City, county, and state down payment assistance programs are out there, and SoFi’s survey suggests they don’t get enough attention: About half (49%) of the homebuyers who said they were challenged to come up with a down payment hadn’t looked into city or state down payment assistance programs. The assistance may take the form of grants or second mortgages, some with deferred payments or a forgivable balance.
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Dream Home Quiz
The Takeaway
What is the average down payment on a house? Currently, it’s about 15% of the home’s purchase price, which usually means mortgage insurance and higher payments for the buyer. But buyers who put less than 20% down on a house unlock the door to homeownership every day. If you want to join them, you can be helped along by low down payments for first-time homebuyers, as well as government loans, down payment assistance, and other programs.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% – 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It’s online, with access to one-on-one help.
SoFi Mortgages: simple, smart, and so affordable.
FAQ
Is 10% down payment enough for a house?
Yes. More than a third of all buyers put down 10% or even less to buy a home. Lower down payments are especially common among younger and/or first-time homebuyers.
What is the minimum you should put down on a house?
Conventional wisdom says the minimum down payment is 20%, but most buyers put down less — 15% is far more common. Younger buyers and first-time homebuyers, especially, often put down far less and some home loans allow you to finance 97% or even 100% of the home’s cost.
What factors can affect my down payment requirements?
The amount of down payment you’ll need to come up with depends on your loan type, credit history and credit score, the cost of the property you’re buying, and whether you are a first-time homebuyer.
What are the pros and cons of putting down less than 20% on a house?
Putting down less than 20% on a house might allow you to buy a home sooner. It might also permit you to set aside money for renovations or to pay off other debts. The disadvantage is that those who put down less than 20% usually have to pay for private mortgage insurance which adds to their monthly costs. (Those with FHA loans who put down less than 20% will pay a mortgage insurance premium.)
SoFi Loan Products SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
SoFi Mortgages Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility for more information.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
Tax Information: This article provides general background information only and is not intended to serve as legal or tax advice or as a substitute for legal counsel. You should consult your own attorney and/or tax advisor if you have a question requiring legal or tax advice.
¹FHA loans are subject to unique terms and conditions established by FHA and SoFi. Ask your SoFi loan officer for details about eligibility, documentation, and other requirements. FHA loans require an Upfront Mortgage Insurance Premium (UFMIP), which may be financed or paid at closing, in addition to monthly Mortgage Insurance Premiums (MIP). Maximum loan amounts vary by county. The minimum FHA mortgage down payment is 3.5% for those who qualify financially for a primary purchase. SoFi is not affiliated with any government agency.
†Veterans, Service members, and members of the National Guard or Reserve may be eligible for a loan guaranteed by the U.S. Department of Veterans Affairs. VA loans are subject to unique terms and conditions established by VA and SoFi. Ask your SoFi loan officer for details about eligibility, documentation, and other requirements. VA loans typically require a one-time funding fee except as may be exempted by VA guidelines. The fee may be financed or paid at closing. The amount of the fee depends on the type of loan, the total amount of the loan, and, depending on loan type, prior use of VA eligibility and down payment amount. The VA funding fee is typically non-refundable. SoFi is not affiliated with any government agency.
Credit union student loans are offered by member-owned financial institutions to help you cover college costs. While banks and online lenders also offer private student loans, credit unions often stand out by providing no-fee loans with competitive interest rates.
In this guide, we’ll walk you through how credit union student loans work, explore your options, weigh the pros and cons, and explain how to apply.
What Are Credit Union Student Loans?
Credit union student loans are private loans offered by credit unions to help students pay for college or other educational costs. Depending on your situation, they can be a good alternative to loans from big banks or once federal student loans have been exhausted.
Advantages of Credit Union Student Loans
Credit unions are all about putting their members first. Because they prioritize people over profits, they can offer perks like lower interest rates and fewer fees. Some credit unions even team up with others to share resources, making things more convenient and affordable for you.
Advantages include:
Lower costs: As nonprofits, credit unions don’t focus on making money for investors. This allows them to pass savings on to you through lower interest rates and fewer fees, helping you save on loans.
Member-focused: Credit unions are dedicated to helping their members. You’re likely to receive personalized attention and support from representatives who take the time to understand your needs and recommend the best services for you.
Flexibility: Credit unions may be more flexible with loan eligibility requirements for members. They might be more willing to work with students who are considered high-risk or don’t have a cosigner.
Eligibility Requirements
To get a student loan from a credit union, you typically need to be a member. Each credit union usually has its own membership guidelines, which might require you to work in a specific industry, belong to a certain group, live in a particular area, or attend a specific school.
If you have a family member who’s already a member, you might be able to join through them. Many credit unions allow immediate family members to become members, which could give you access to a student loan.
Keep in mind, though, there might be a membership fee, typically between $5 and $25.
When it comes to getting a student loan, each credit union has its own criteria, just like banks and online lenders. While private lenders often look for a credit score of 670 or higher, you might still qualify even if your score is lower.
Recommended: Do Credit Unions Help You Build Your Credit Score?
Types of Credit Union Student Loans
Here’s a look at the types of student loans offered by credit unions. Keep in mind, though, that options vary by credit union.
Private Student Loans
Private student loans from credit unions are a way to help cover college costs. While it’s recommended to use federal financial aid first, a private student loan from a credit union may help bridge the gap. These loans often have competitive interest rates and flexible terms, making them an appealing option to finance higher education costs.
Unlike federal student loans, though, how much you can borrow and the interest rate you get usually depend on your credit and income.
Student Loan Refinancing
Some credit unions offer student loan refinancing options, which may help you streamline your student debt and potentially save you money. When you refinance with a credit union, you’re essentially getting a new loan to pay off your existing ones, whether your loans are federal or private.
In other words, credit union refinancing for student loans lets you consolidate your loans into one payment, potentially with a lower interest rate and better terms if you qualify. And with just one monthly payment to manage, handling your debt could become much less stressful.
Keep in mind, though, that refinancing federal student loans into private student loans makes it so you’re no longer eligible for federal benefits, such as student loan forgiveness programs and income-driven repayment plans.
Recommended: Pros and Cons of Student Loan Refinancing
How to Apply for a Credit Union Student Loan
Applying for a student loan from a credit union is a straightforward process, but it’s important to understand the eligibility requirements, necessary documentation, and application process.
Step 1: Check Eligibility
Before applying for a student loan from a credit union, you’ll typically need to become a member. Some credit unions will let nonmembers apply, but to receive a loan you must be a member. If you’re already a member, make sure you meet their lending requirements — like being enrolled at least half-time.
Also, double-check to see if your school qualifies for private student loans. If you’re attending a community college or trade school, not all schools may be eligible, so it’s important to confirm.
Step 2: Gather Required Documents
If you meet the eligibility requirements, you can typically apply online, by visiting a branch, or by reaching out to the credit union directly.
When you’re ready to apply, you’ll typically need to share some basic information, like your name, Social Security number, and proof of income. It’s a good idea to check your credit score first, as lenders typically look for borrowers with a solid credit history, a good credit score (670-739), and a certain level of income.
If you’re concerned you might not qualify on your own, think about getting a cosigner. A student loan cosigner could increase your chances of getting approved and might even help you get a lower interest rate and better terms.
Step 3: Compare Loan Options
You may want to compare lenders in order to get the best rate and terms for your situation. Some lenders let you get prequalified, which helps you explore your options. Since prequalifying only involves a soft credit check, it won’t affect your credit score and you can see potential rates and terms without any worries.
In addition to exploring credit unions, it’s worth checking out other lenders that might offer competitive rates and terms.
Step 4: Submit Your Application
Once you choose your credit union or another lender, you can submit your official application. The lender will then usually do a hard credit check, and you’ll get the final approval decision.
Repaying Your Credit Union Student Loan
With some private student loans, you’ll need to make payments during school, while others let you hold off until you’ve graduated. To find out which one applies to your loan, check with your loan servicer or take a look at your loan documents.
It’s also a good idea to ask if the interest that builds up during the time you’re in school will be added to your principal balance when repayment starts.
When it comes time to make your payments, where you pay depends on your loan servicer. Most servicers let you pay online, but it’s smart to confirm this before your payments begin.
Many servicers also offer automatic payments, which automatically deduct your monthly payment from your bank account. This can help you avoid missing payments or getting hit with late fees.
Recommended: 6 Strategies to Pay Off Student Loans Quickly
Tips for Managing Credit Union Student Loans
Here are a few tips for managing your credit union private student loans.
Make a budget. Knowing where your money goes each month is key to setting aside funds for loan payments. Review your income and expenses to see where you can cut back, and try to allocate more toward paying off your loans.
Compare repayment options. Unlike federal loans, repayment options with credit unions and other private lenders can vary. If you’re struggling to keep up with payments, check if your lender offers plans like interest-only repayments, which allow you to defer the principal.
Make extra payments. Whether it’s biweekly payments instead of monthly or tossing in extra cash when you can, paying a bit more here and there can help you pay off your loans faster. Just be sure to request that any extra funds go directly toward the principal balance.
Sign up for autopay. Many private lenders offer an automatic payment option. By enrolling in autopay, you can ensure you never miss a payment.
Focus on high-interest debt. If you have multiple student loans, paying off the one with the highest interest rate first could save you money in the long run.
Consider refinancing your loans. If managing your payments feels overwhelming, you can refinance your student loans. This allows you to combine multiple student loans into one, ideally with a lower interest rate or more favorable terms.
The Takeaway
Credit unions offer private student loans to help cover college expenses like tuition and books. Unlike federal student loans, these private loans don’t offer the same flexible repayment options or borrower protections. It’s best to use your federal aid first, and then turn to private student loans if needed.
If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.
Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.
FAQ
Can you use a credit union for a student loan?
Yes, some credit unions offer private student loans to their members. These loans work similarly to those provided by banks or online lenders, often with competitive interest rates and additional member perks.
Are student loans from credit unions considered private?
Yes, student loans from credit unions are considered private since they’re funded by the credit union, not the government. While they don’t offer the same federal benefits and protections, they often come with competitive rates and special perks for members.
Is it more difficult to get a student loan from a credit union?
Getting a student loan from a credit union usually depends on your credit history and being a member. Membership might require living in a certain area or belonging to a specific group. But once you’re in, you could benefit from more personalized service and potentially better rates than what you may find with other lenders.
Photo credit: iStock/hobo_018
SoFi Private Student Loans Please borrow responsibly. SoFi Private Student Loans are not a substitute for federal loans, grants, and work-study programs. You should exhaust all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
SoFi Private Student Loans are subject to program terms and restrictions, and applicants must meet SoFi’s eligibility and underwriting requirements. See SoFi.com/eligibility-criteria for more information. To view payment examples, click here. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change.
SoFi Loan Products SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
Missouri may be known for big cities like St. Louis and Kansas City and BBQ cuisine, but it’s also known for its scenic landscapes. From the lush plains region to blue lakes and the famous Ozark Mountains, Missouri has plenty of towns that capture the spirit of the great outdoors. So, if you’re looking for a mountain town to call home, look no further than Missouri.
At Rent., we’ve collected a list of the best mountain towns in Missouri to live in this year. Each town has its own unique character and community feel mixed with peaceful surroundings and outdoor adventure. Read on to discover which areas made the list.
1. Branson
Mountain range: Ozark Mountains
Average rent price: $1,157
Population: 11,540
Houses for rent in Branson, MO
Apartments for rent in Branson, MO
Homes for sale in Branson, MO
The first mountain town on our list is Branson, a popular travel destination in the heart of the Ozark Mountains. Branson offers a unique blend of entertainment and outdoor adventure. The town has a vibrant theater scene with spots like Dolly Parton’s Stampede, the Hughes Brothers Theatre, The Dutton Family Theater, and Clay Cooper Theatre, among many others. You can check out all the museums, theatres, and landmarks in the Branson Theatre District.
If you’re looking to get outdoors, Branson is surrounded by several parks and lakes, providing ample opportunities for fishing, hiking, and boating. Some areas to explore include Table Rock State Park, the Branson Scenic Overlook, Ozark Mountain State Park, White River Balds Natural Area, and Talking Rocks Cavern. Branson’s proximity to the mountains allows for easy access to scenic trails and outdoor activities, making it a great city for those who love nature and entertainment.
2. Camdenton
Mountain range: Ozark Mountains
Average rent price: $1,925
Population: 3,750
Houses for rent in Camdenton, MO
Apartments for rent in Camdenton, MO
Homes for sale in Camdenton, MO
Camdenton lies within the scenic Ozark Mountains, offering residents a peaceful place to call home. There are plenty of outdoor activities to explore in the area such as Bridal Cave & Thunder Mountain Park and Ha Ha Tonka State Park, which features the Ha Ha Tonka Spring Trail and Ha Ha Tonka Castle Ruins. Camdenton is a gateway to the Lake of the Ozarks, making it a haven for water sports enthusiasts.
With a population of under 4,000, Camdenton is also known for its close-knit community and access to outdoor adventures. In town, you can check out places like Ozarks Amphitheater, a popular concert venue, and the many local restaurants and shops. With its rich history and welcoming atmosphere, Camdenton is a great choice.
3. Cape Girardeau
Mountain range: Ozark Mountains
Average rent price: $1,106
Population: 39,530
Houses for rent in Cape Girardeau, MO
Apartments for rent in Cape Girardeau, MO
Homes for sale in Cape Girardeau, MO
Located on the banks of the Mississippi River and in the Ozark Mountains, Cape Girardeau is a city rich in history and natural beauty. With a population of nearly 40,000, it offers a mix of city and outdoor living. Cape Girardeau is home to numerous parks, historical sites, and cultural institutions like Historic Fort D, the Crisp Museum, Cape Rock Park, and The Glenn House.
Cape Girardeau’s residents enjoy a variety of recreational activities, including hiking, biking, and exploring the nearby trails. The city also serves as a gateway to the Trail of Tears State Park and the Shawnee National Forest. Finally, the vibrant downtown area boasts unique shops, restaurants, and galleries, giving residents plenty to do in Cape Girardeau.
4. Farmington
Mountain range: St. Francois Mountains
Average rent price: $667
Population: 18,210
Houses for rent in Farmington, MO
Apartments for rent in Farmington, MO
Homes for sale in Farmington, MO
Farmington is a charming town set against the backdrop of the St. Francois Mountains, offering plenty of outdoor areas to explore. Home to about 18,000 people, residents enjoy access to a variety of outdoor activities, including hiking in nearby state parks like St. Joe State Park, Hawn State Park, and Hickory Canyons Natural Area.
You can also learn about the region’s rich mining history at the Missouri Mines State Historic Site. Farmington’s community is vibrant, with local festivals, farmers’ markets, and cultural events throughout the year. The downtown area is also home to plenty of local restaurants, shops, and historic architecture.
5. Hollister
Mountain range: Ozark Mountains
Average rent price: $1,231
Population: 4,450
Houses for rent in Hollister, MO
Apartments for rent in Hollister, MO
Homes for sale in Hollister, MO
Located just south of Branson is the quaint town of Hollister. The town is surrounded by rivers, lakes, and forests, making it a perfect spot for outdoor enthusiasts. Near green spaces and trails like Lost Canyon Cave and Nature Trail, Table Rock State Park, and the Drury-Mincy Conservation Area, there is always a place to explore in the Hollister area.
Residents of Hollister enjoy the town’s proximity to Branson, with its entertainment options, while having a more laid-back atmosphere. Hollister’s historic downtown area, with its unique architecture and local businesses, adds to the town’s charm and appeal.
6. Joplin
Mountain range: Ozark Mountains
Average rent price: $1,047
Population: 50,030
Houses for rent in Joplin, MO
Apartments for rent in Joplin, MO
Homes for sale in Joplin, MO
Sixth on our list is Joplin, a historic city known for its location along Route 66. Situated in the Ozark Mountains, Joplin is close to natural areas like Shoal Creek, the George Washington Carver National Monument, Grand Falls, and the OK-KS-MO Tri-State Marker.
Joplin’s residents have easy access to numerous parks, museums, and cultural venues. The town’s rich mining history is celebrated in local museums and attractions, like the Joplin History & Mineral Museum, Route 66 Mural Park, and the Joplin Union Depot. Joplin is also known for its vibrant arts scene, with galleries, theaters, and public art installations throughout the city, which showcase the city’s history.
7. Lebanon
Mountain range: Ozark Mountains
Average rent price: $996
Population: 14,900
Houses for rent in Lebanon, MO
Apartments for rent in Lebanon, MO
Homes for sale in Lebanon, MO
Lebanon offers a blend of outdoor adventure and small-town charm, close to parks like Bennett Spring State Park, Bear Creek Conservation Area, and the Lead Mine Conservation Area. The town is known for its beautiful parks, historic landmarks, and access to outdoor activities such as fishing, hiking, and camping.
For example, you can check out places like the Route 66 Museum, the E.D. Rush Covered Bridge, and the Boswell Park Rt 66 Murals. The town hosts several annual events that bring the community together, including festivals and farmers’ markets. Lebanon combines the tranquility of mountain living with modern city life.
8. Rolla
Mountain range: Ozark Mountains
Average rent price: $813
Population: 20,180
Houses for rent in Rolla, MO
Apartments for rent in Rolla, MO
Homes for sale in Rolla, MO
Rolla is a vibrant town just outside of the Mark Twain National Forest. This forest is home to popular trails like the Bell Mountain Trail, fishing areas, and campgrounds. You can also explore nearby areas like the Little Prairie Conservation Area, Maramec Spring Park, Indian Trail Conservation Area, and Dillard Mill State Historic Site.
Rolla is home to about 20,000 residents, where you’ll find the Missouri University of Science and Technology, giving the city a bustling atmosphere. The town is also home to several parks, venues, and museums like Ozark Rivers Audubon – Nature Center, Ber Juan Park, the Ozark Actors Theatre, and the Phelps County Historical Society. If you’re looking for small-town charm alongside nature, be sure to check out Rolla.
9. Springfield
Mountain range: Ozark Mountains
Average rent price: $1,559
Population: 167,700
Houses for rent in Springfield, MO
Apartments for rent in Springfield, MO
Homes for sale in Springfield, MO
Springfield is a bustling city surrounded by the natural beauty of the Ozark Mountains. With a population of over 167,000, Springfield offers a wide range of cultural, educational, and recreational activities. The city is known for its vibrant downtown area and unique attractions like the Pythian Castle, History Museum on the Square, the Discovery Center of Springfield, Route 66 Car Museum, and the World’s Largest Fork By Mass.
Springfield’s residents enjoy a variety of outdoor activities, including exploring the numerous parks and trails in the area. Some popular areas include the Fantastic Caverns, the Bois D’Arc Conservation Area, the Rutledge-Wilson Farm Park, the Nathanael Greene/Close Memorial Park, and the Valley Water Mill Park. If you’re looking for a big city that’s close to nature, then Springfield may be for you.
10. West Plains
Mountain range: Ozark Mountains
Average rent price: $625
Population: 12,110
Houses for rent in West Plains, MO
Apartments for rent in West Plains, MO
Homes for sale in West Plains, MO
West Plains is located in the Ozark Mountains and is known for its scenic beauty, with easy access to outdoor activities such as hiking, fishing, and hunting. It’s near popular locations like the Collins Ridge Trail, Cane Bluff, and White Ranch Conservation Area.
The town hosts a variety of cultural events and festivals, reflecting its rich heritage and community spirit. You can also find plenty of local restaurants, shops, and museums like the Harlin Museum. West Plains’ residents enjoy the benefits of rural living while having access to the amenities and conveniences of a larger town.
Note, this list is not comprehensive of all the mountain towns in Missouri. Towns must have average rental data to be included on the list. Average rental data from Rent.com during September 2024. Population data is sourced from the United States Census Bureau.
You might think that if you close a loan or credit card account it will no longer affect your credit report, but they can actually stay on your credit report for up to 10 years. During this time period, these accounts can help or hurt your credit score, depending on a number of factors.
Here’s what you should know about closing loan and credit card accounts from your credit report.
Key Points
• Closed credit accounts can stay on your credit report for up to 10 years, impacting your score.
• On-time payments on closed accounts positively affect your credit history.
• Late payments on closed accounts can negatively impact your credit history for seven to 10 years.
• Closing accounts can affect your credit utilization rate and credit mix, influencing your credit score.
• Removing closed accounts with poor payment history or fraudulent activity can build your credit profile.
How Closed Accounts Affect Your Credit
Closed credit accounts and loans can have varying effects on your credit, some positive and some negative, due to the factors that make up your credit rating. Here’s a closer look at three of those that are significant in this situation: your credit history, your credit utilization rate, and your credit mix.
Your Credit History
A closed account on which you made on-time payments will help your credit score by building your credit history. The effect will be less than if it were an open account, but it would be a positive factor nonetheless, since it shows that you can manage credit responsibly. However, if you made late payments on an account that is now closed, the negative impact may linger in your credit history for seven years and up to 10 years if you file for bankruptcy.
Longevity is a factor on your credit report. Credit scoring systems reward borrowers with a longer history of managing debt and repayment. That means that if you close an account and seven years pass, you’ll lose any benefit of having had that account. It won’t make a significant change, but it is another factor to be aware of.
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Your Credit Utilization Rate
Part of your credit rating is based on how much debt or credit you already have. Creditors look at your credit utilization ratio, which is how much credit you have available to you versus how much you actually use. The best case scenario is to not use more than 10% of your accessible credit; otherwise, no more than 30% is a good move.
Two examples:
• Say you have a $10,000 credit limit on your credit card, you might want to limit your balance to $1,000. That’s 10%.
• Otherwise, keeping your balance to no more than $3,000 would be 30%, the upper end of what’s considered a good credit utilization ratio.
If you close a loan or a credit card account, that might reduce the amount of credit available to you, which will increase your utilization rate. If you open a credit card or take out a loan, that will increase the amount of credit available to you, thereby decreasing your utilization rate.
Your Credit Mix
Credit scoring systems, such as the FICO® Score and VantageScore® look at the types of loans you have and how you manage them. These systems reward a mix of loan types, such as installment loans (auto loans and mortgages), and revolving accounts such as credit cards. Eliminating a credit card account or other type of loan (such as when it is closed and eventually drops off your report) could limit your credit mix, and that could negatively impact your credit score. Worth noting though: Credit mix counts for 10% of your score vs. 35% for your payment history (meaning, how successfully you make payments on time).
Why Do Closed Accounts Stay on Your Credit Report?
Both closed and open accounts can contribute to your credit rating as they stay on your credit report. That’s because the credit agencies can gain a fuller picture of your risk as a borrower the more information they have.
Monitoring and understanding your credit report (perhaps with a credit score monitoring app; your bank may offer this) is an important part of your financial wellness.
When to Remove a Closed Account from Your Credit Report
If possible, remove a closed account from your credit report if it has a poor payment history. Also, remove any accounts that are found to be fraudulent. If an account shows that you made regular, on-time payments, don’t remove it because it will be helping your score.
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How to Remove a Closed Account from Your Credit Report
A few factors affect your credit score; one of which is your credit history. As noted above, your credit history shows the loans and credit cards you have obtained in the past seven to 10 years, along with your repayment patterns. Even closed accounts are part of that narrative for the stated period of time.
That said, there may be a way to remove a closed account from your credit report, which you might want to do if it is having a negative effect. Here are some options.
1. File a Dispute if There Is an Error on Your Credit Report
It might be that you notice a fraudulent account when you check your credit report. If that is the case, you can remove the record by submitting a dispute in writing with each of the three credit bureaus (Equifax®, Experian®, and TransUnion®). You must include supporting documents. The bureaus will investigate your complaint and update your credit score if there is fraudulent data.
2. Contact the Creditor and Pursue a Goodwill Deletion
Another way to remove a closed account from your credit report is to directly contact the creditor that’s involved and ask them to remove the account from your credit report. (This is sometimes known as a goodwill letter or goodwill request.) The creditor will have to contact the credit bureau(s) directly to do so. You will be more successful if you have a positive credit history and relationship with the creditor.
3. Wait It Out
In time, a closed account will no longer be reflected on your credit report, but it might take seven to 10 years. The good news is that the accounts that stay the longest are usually ones that you closed in good standing, and these will positively influence your credit score.
Recommended: Why Did My Credit Score Drop After a Dispute?
What Does “Account Closed” Mean on a Credit Report?
“Account closed” on your credit report indicates an account that is no longer active. There can be several reasons for an account being closed.
• Perhaps it was an installment loan that you paid off.
• You might have opened a credit card account and then decided to close it (maybe you weren’t using it much).
• The creditor closed it, which could be positive (you paid off a loan) or negative (you weren’t paying your bills in a timely manner).
These are typical scenarios that lead to seeing “account closed” on your credit report.
How Long Will a Paid-off Account Take to Show up on Your Report?
Lenders usually update the credit report agencies with closed account information at the end of a billing cycle. Thus, it could take one or two months before a paid-off account is reflected on your credit report.
How Long Does a Closed Account Stay on My Credit Report?
As noted above, how long closed accounts stay on your credit report can vary.
• Accounts closed in good standing (paid on time and in full) can remain on your credit report for up to 10 years.
• Accounts closed due to nonpayment (these include collection accounts, some bankruptcies, and debt settlement) remain on your credit reports for seven years from the first missed payment or from being turned over to collections. The exception is Chapter 7 bankruptcy, which usually stays on your credit report for 10 years.
Practice Good Credit Habits Going Forward
Here’s advice that can help you manage existing credit card and loan accounts well.
• First, it’s always wise to take control of your budget. Whether you do that with the 50/30/20 budget rule or a financial tracking app, keeping on top of your income, your spending, and your saving can be a money-smart move.
• Check your credit score regularly to make sure there is no fraudulent activity. You might aim for an annual review.
• Extend your credit history as much as you can with accounts that are and have been in good standing. This means it’s probably in your best interest to occasionally use a credit card account and keep it in good shape vs. closing it because you don’t use it often. This can reduce your available credit and possibly lower your debt utilization ratio.
One good idea can be to use a credit card for predictable expenses, such as streaming services, and set up automatic payments. That way, you will be paying a set amount each month and building a positive credit history.
These moves can help you keep your financial profile in good shape.
The Takeaway
Closed credit accounts will stay with you for a long time, seven to 10 years usually. Keep accounts that you have owned for a long time open and in good standing whenever possible. If you have fraudulent accounts on your credit history or ones that were not managed well, you might take steps to have them removed and possibly build your credit profile. Keeping tabs on your credit score and your budget can be easy with the right tools, like those SoFi offers.
Take control of your finances with SoFi. With our financial insights and credit score monitoring tools, you can view all of your accounts in one convenient dashboard. From there, you can see your various balances, spending breakdowns, and credit score. Plus you can easily set up budgets and discover valuable financial insights — all at no cost.
See exactly how your money comes and goes at a glance.
FAQ
Can I get closed accounts removed from my credit report?
You can remove a closed account from your credit report if you suspect it is fraudulent by filing a dispute with the three credit bureaus. You can also contact a creditor directly and ask them to remove a closed account. However, they are under no obligation to comply with this kind of request for a “goodwill” deletion. Alternatively, you can wait for seven to 10 years, after which closed accounts will fall off your credit history.
What is the 609 loophole?
The 609 loophole is a tactic that some people think will remove bad debt history from their credit reports. A section of the Fair Credit Reporting Act states that you can write a letter to gain documentation on what you may believe is an incorrect entry in your credit history. The 609 letter theory is that if a credit bureau cannot produce a piece of information, such as the original signed copy of your credit application, they have to remove the disputed item because it’s unverifiable. However, these steps are not the same as a dispute. Also, if you have legitimate debt, even without this documentation, the debt may remain. In other words, this process is unlikely to provide a shortcut to building your credit.
How long before a debt is uncollectible?
At which point a debt can no longer be collectible varies based on the type of debt and the state you live in. It is often between three and six years, but it could be as long as 20 years. After the statute of limitations that applies, a debt collector can no longer sue you for repayment, though some might still try to collect.
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Fall in Portland, Maine is a spectacular experience, filled with vibrant colors and a host of activities. September to October is the best time of year to enjoy the magic of fall in Portland, from the scenic coastal views to fun downtown festivities. Stroll through the charming streets of the Old Port, where you can explore local shops and enjoy seasonal treats at cozy cafes. Don’t miss the chance to visit nearby orchards for apple picking or take in breathtaking views on a scenic drive. With local festivals celebrating food, art, and community, there’s fall things to do in Portland, ME for everyone to enjoy.
Whether you’re searching for a house to rent in Portland, ME, an apartment to call home, or ready to purchase your first home in the city, , this city has so much to offer. Let’s explore 15 fall things to do in Portland, ME, where pops of color and cozy vibes create the perfect backdrop for autumn and give you a taste of why Portland is a good place to live.
1. Pop some tags at the local thrift shops
The community around thrift and vintage shopping in Portland is eclectic and supportive, hosting regular events like swap meets and pop-up markets. Whether you’re hunting for a vintage vinyl record, mid-century furniture, or stand-out fashion statements, you’ll be sure to find something unique at one of Portland’s thrift stores.
“One of my favorite things about Portland is the amount of thrift and vintage shops we have,” shares local photographer Shado of Shado of a Rose Photography. “All within a 10-minute walk you could get incredible vinyl at Moody Lords, find that new sweater you need for fall at Material Objects, or pick up a retro video game/movie poster from Electric Buddhas.”
And, if you’ve worked up an appetite while thrifting, Shado has you covered. ”If you’re in the mood for some food just pop over to Exchange street a few blocks away. Whether you’re getting incredible chicken from Crispy Gai, eating $1 oysters on a Wednesday night at Blyth and Burrows, or having dessert at Gorgeous Gelato, you really can’t go wrong when going out in the Old Port.”
2. Admire the fall foliage in Portland
Whether you’re walking, biking, or simply taking a drive, enjoying the fall foliage in and around Portland is a perfect way to experience the changing of the seasons. The contrast of the colorful foliage with the historic architecture and coastal scenery creates a picturesque setting that feels like a scene from a postcard.
Fall colors around town
“This small East Coast city, with its cozy New England town feel, offers a little bit of something for those wanting to feel at home or someone seeking a temporary home base to do some leaf-peeping in Maine during the fall season,” describes local Portland author Marpheen Chann.
One of the best ways to experience the fall foliage in Portland is by exploring the many parks and waterfront areas. “A walk or bike ride on smooth trails can take you around Back Cove, where you can get a quality photo of Downtown Portland from across the water at Payson Park. Continue your day at Portland’s Eastern Promenade, the perfect place for a picnic with scenic views of Casco Bay and its islands,” Chann shares.
Catch a train
You can also relax into a scenic tour of the fall foliage by hopping on the Maine Narrow Gauge. “From your comfortable seat on the historic train, take in the dazzling colors of autumn, set against the backdrop of Casco Bay. You’ll hear all about Portland’s history and learn about local landmarks from onboard narration,” describes Matt Levy, general manager of the Maine Narrow Gauge Railroad. You can also get special Pumpkin Train tickets for the last two weeks of October, and continue the fun into the holiday season with a Polar Express themed train ride.
Finish the day
Hungry after a day of exploring fall in Portland? “Experience some of Portland’s iconic and diverse restaurants without the summer crowds with Cambodian-Chinese eats at Oun Lidos on Market Street,” recommends Chann. “If you’re looking for a good spot for a drink or a casual date, pickup where you left off with a friend or a book at Novel on Congress Street or snag some downtown views high up at the Top of the East on High Street.”
Whether you’re walking around town or getting into the countryside, experiencing the fall colors in Portland is an autumn must-do – finished off with great food, of course.
3. Wander the picturesque streets of Portland
“Portland in the Fall is magical,” gushes Adria Moynihan Rusk, a painter at Still Life Studio in Portland. “You’ll skip the rush of summer tourists while being here at the most picturesque time of year. Check out the Old Port and Bayside neighborhoods to find a unique selection of local shops and breweries.”
Old Port
Portland’s neighborhoods offer a mix of maritime heritage and urban appeal, inviting you to spend your autumn days wandering their streets. “Fall is a perfect time to explore Portland,” agrees Sierra Bisson, author of the travel blog The Ocean Drifter. “Walk around the cobblestone streets of the Old Port, where you’ll find great shopping and amazing restaurants.”
Charming lanes and narrow alleys wind through the Old Port, where brick buildings house eclectic shops, art galleries, and cozy restaurants. “When you’re in the area, make sure to stop by must-try spots like Duckfat and Taco Escobarr,” Bisson continues. “If you’re in the mood for some nightlife, swing by Bonfire for a fun evening with a great atmosphere and drinks.”
The Waterfront
If you’re looking for places to stop by on your stroll, Rusk is full of suggestions. “Grab a latte at Bard Coffee and walk down Commercial Street to people-watch along the waterfront,” she shares. “Take the fairy out to Peak’s Island and back, and then head to Washington Avenue for a hot bowl of Pho Ga at Cong Tu Bot. Don’t forget to try the potato donuts at the Holy Donut.”
To finish off your day of exploring Portland in the fall, Rusk recommends, “Find a park bench on the East End promenade and watch the boat traffic skip across Casco Bay. It’s hard to do it wrong, so make an adventure of it.”
4. Warm your insides with local beer tasting
Portland, ME’s craft beer scene is renowned for its creativity, quality, and variety, making it one of the top destinations for beer lovers in the country. The city boasts a high concentration of breweries, from long standing favorites like Allagash Brewing Company to newer, experimental breweries like Bissell Brothers. Many breweries are located in Portland’s industrial areas and waterfront, offering taprooms where guests can sample a range of styles, from hoppy IPAs and smooth stouts to crisp lagers and sour ales.
“You absolutely have to check out at least one of the local breweries – Portland is known for its craft beer scene,” confirms Bisson of The Ocean Drifter blog.
Must-visit breweries
“Fall in Portland isn’t complete without attending Oktoberfest at one, or more, of the city’s great breweries,” seconds local tech expert and beverage connoisseur Dan DeSimone. “I especially like Belleflower, which is walking distance from a number of other breweries like Austin Street and Rising Tide. Tandem Coffee is right down the street too if you’re in the mood for a latte break (pumpkin spice optional) between beers.”
The East Bayside is another area that is renowned for its breweries, with local chocolate shop Dean’s Sweets offering the perfect neighborhood map to plan out your day of beverage sampling. “The East Bayside is one of the fastest-changing neighborhoods in Portland, ME,” reveals Kristin from Dean’s Sweets. “There are spirit makers, food trucks, hard seltzer, and cider right alongside the many breweries and wineries. And of course, chocolate at Dean’s Sweets, for those who want a gift for others or a nibble for yourself,” she laughs.
Join a beer tour for a unique beer-tasting experience
For a fun way to spend fall in Portland and sample the craft beer scene, consider a beer tour. “Join the Maine Brews Cruise for a cozy, festive journey through Maine’s craft alcohol scene amidst the backdrop of stunning fall foliage,” shares the Maine Brews Cruise team.
With options of a guided walk through the streets of Portland or having your own designated driver on a tour bus, the Maine Brews Cruise is perfect for those who enjoy a snug atmosphere while exploring local breweries, distilleries, and wineries. “With expert guides and a warm setting, you can learn, taste, and toast to the season – flannel attire recommended for the full autumn experience,” says the team.
You can also embrace Portland’s coastal vibe with a beer and boat tour through SeaPortland. “For those eager to experience Portland’s crisp fall beauty and rich history, SeaPortland provides exclusive tours that combine sightseeing with local brew tastings,” describes the crew. “You can explore historic Fort Scammel or enjoy a Harbor Cruise, where the vibrant fall colors enhance the flavor of each locally brewed beer. These 90-minute tours promise a blend of good vibes and spectacular sights, ideal for anyone looking to savor the season.”
However you prefer to indulge in the local craft beer scene, the city’s community-focused beer culture is a great fall thing to do in Portland.
5. Get outside into Portland’s local landscape
Portland is a mix of coastal beauty and historic urban charm. Located on a peninsula overlooking Casco Bay, the city’s waterfront features working harbors, marinas, and scenic parks like the Eastern Promenade. In the fall, the vibrant foliage adds to the town’s allure, making outdoor exploration a must.
See the scenery
“Visiting Portland in the fall is many people’s highlight of the year,” states Nick Robinson of Portland Schooner Co. “For a nature experience in town, try the walking trails at the Evergreen Cemetery where you can catch migrating birds in the trees, turtles and other amphibians in the ponds, and an array of tree species lighting up the landscape with their vibrant colors.”
You can also get a new perspective of Portland’s scenery via a historic wooden schooner, sailing your way around Casco Bay on the Maine-built boat through the Portland Schooner Co. “Don’t forget your hat, sunglasses, and cozy layers,” reminds Robinson.
Enjoy your dining outdoors
“Autumn in Portland is my favorite time of year,” confesses Chelsea K Ray, a wardrobe consultant and blogger based in the city. “Breakfast right on Casco Bay at the Porthole is a must. Walk off your lobster Benedict with a stroll along the East End Trail, and don’t forget to dip your toes in the ocean at East End Beach.”
Ray recommends doing some shopping at Mexicali Blues and Ports of Call on Commercial Street before enjoying fresh seafood at DiMillos, a floating restaurant that features beautiful waterfront views. “Wrap your day up with a cocktail at the Commercial Street Pub,” encourages Kay, noting that the pub is a true local’s spot where you can share your day’s adventures with other patrons.
6. Celebrate the season with Harvest on the Harbor
Since its inception in 2007, Harvest on the Harbor has celebrated Portland’s outstanding culinary scene, showcasing the talents of local chefs, brewers, distillers, and food artisans. “This is the 16th year for Harvest on the Harbor, which draws attendees from around the world to savor the deliciousness of Maine,” shares the Harvest on the Harbor team.
Portland has earned the reputation as “The Foodiest Small Town in America,” and the festival nods to this title by highlighting Maine’s rich food and beverage culture.
“Harvest on the Harbor is a celebration of Maine-made spirits, Maine lobster, Maine oysters and Maine seafood,” confirms the team. “With four events in three days there is something for everyone, including the Maine OysterFest, From The Sea and the Maine Cocktail Classic.”
Held the last weekend of October, Harvest on the Harbor offers a fun fall outing and a tasty celebration of Maine’s local flavors and traditions.
7. Indulge in Portland’s fall flavors and festivities
Portland celebrates fall with festivals, outdoor markets, food, and events like the Portland Farmers’ Market, which overflows with fresh produce, baked goods, and seasonal flowers.
Local eats and treats
“Portland is simply vibrant in autumn,” affirms Jamie, author of the blog Travel Addict. “Whether you are tasting local beers at the Portland Beer Hub, hiking on Peaks Island, or tasting the freshest of seafood along the waterfront, it’s the perfect fall destination with something for everyone. The cuisine is top notch – with incredibly fresh seafood at Scales and exquisite flavors at Duck Fat.”
Seasonal favorites like cider donuts, craft pumpkin ales, and hearty farm-to-table dishes become staples at eateries across the city, making a food tour a perfect fall thing to do in Portland.
“Maine Day Ventures keeps you moving and learning while you eat and shop,” suggests Kristin of Dean’s Sweets. “The guide gives an insider’s behind-the-scenes taste of the most popular spots in the city. The tour includes generous portions of some Maine specialties, including lobster, blueberries, craft beer, and the always-loved Maine potato, along with some up-and-coming foodie trends.”
Fall activities
Other fun fall activities come recommended from the Harvest on the Harbor team, including visiting corn mazes, hiking, trying award-winning restaurants, shopping and gallery hopping.
“Every Friday, the City of Portland hosts a First Friday Art Walk with gallery openings,” says Harvest on the Harbor. “Performing arts opportunities include the Portland Symphony Orchestra, celebrating its 100th season with performances at a few area breweries and a pay-what-you-can Chamber Series.”
8. See the city by sea
Experience Portland by sea for stunning views of Casco Bay, its islands, and iconic lighthouses like Portland Head Light. Fall tours provide a quieter, more intimate experience, with crisp air and warm autumn sunlight reflecting off the water.
“If you’re looking to enjoy Maine’s autumn spectacle, Casco Bay Custom Charters offers cozy flannel-wrapped adventures aboard vintage vessels,” shares Dyland Suhr from Maine Tour Company. “Enjoy breathtaking views of the colorful coastline with a bottomless mimosa brunch or a sunset dinner prepared by a private chef. This is the perfect opportunity for private groups to make unforgettable leaf-peeping memories on the water.”
Charter a boat for an intimate and private experience, or take the ferry across the bay to Peaks Island for a day of strolling amongst the neighborhood’s fall colors.
“Catch the ferry at Casco Bay Lines,” recommends Kristin from Dean’s Sweets. “The 30-minute trip across the bay is fun all on its own. Get some sun and enjoy the sparkling water and cool air along the way. If you’re lucky, you may see a bald eagle or a harbor seal.”
9. Take a day for everyone to play
“A trip with loved ones to Portland wouldn’t be complete without a visit to the Children’s Museum & Theatre of Maine, the state’s most visited museum and top destination for play located at Thompson’s Point,” says Shultzie Fay Willows, a representative for the museum.
Kids can explore hands-on exhibits like water and air activities, an outdoor playground, and an indoor climbing structure. They can also enjoy cultural displays, aquarium tours, performances at the country’s oldest children’s theater, and creative activities in MakerSpace – all included.
To round out the fall weekend in Portland, Willows is full of all-ages recommendations. “Afterward, paint some pottery next door at Color Me Mine or explore the fascinating International Cryptozoology Museum,” she shares. “For lunch, stop by Bissell Brothers, savor a grilled cheese at Sacred Profane, or enjoy hot dogs and pierogi at Leisure Time. There is something for everyone to do, try, and explore.”
10. Journey to the countryside for a true fall farm experience
A 40-minute drive from Portland, Bowdoinham comes alive in autumn with apple picking, pumpkin patches, and hot cider. This rural town along the Kennebec River is known for its vibrant farming community and fall harvest season.
If you’re looking for beautiful colors, Stonecipher Farm is an organic farm brimming with bright veggies in the autumn months. “The ‘no-till’ approach to vegetable production means a highly organized field system, resulting in an outstanding aesthetic,” claims Ian Jerolmack from the farm. “Folks have said it looks like the king’s garden.”
When you’re done exploring the farm, head back into town and sample from many other local farms at various Bowdoinham fall festivals, where vendors line up with their fresh offerings and handmade crafts.
11. Bring Fido along for the adventure
Portland is known for being an exceptionally dog-friendly city, welcoming four-legged companions in many public spaces and businesses. Numerous restaurants and breweries have outdoor patios where dogs are welcomed with water bowls and treats. The city’s pet-friendly vibe extends to shops, where many local businesses allow well-behaved dogs.
“There are many restaurants and locations that are dog-friendly throughout the city, just make sure to check their pet policy and local leash laws to ensure you and your dog have a great and safe time enjoying Maine’s fall together,” advises Portland pet photographer Gina Soule.
“Enjoying Portland in the fall alongside your four-legged best friend gives you a taste of the very best of Maine,” Soule continues. “From having your dog join you for a stroll along the Eastern Prom, exploring Higgins beach together, to enjoying an adult beverage around a fire on the patio at Maine Craft Distilling, you can’t go wrong with any of the numerous dog-friendly locations Portland has to offer.”
12. Cozy up with a good book
Fall and books are the perfect pair, whether you’re curling up in a chair by a roaring fire or sipping on tea at a local cafe with a book in hand. “Portland has a rich and robust bookish culture, with tons of amazing bookshops throughout the city,” adds Ash Holland, local owner to The Lucky Fox Bookshop.
Local favorites include Sherman’s, which opened in 1896, residing as Maine’s oldest bookstore. Another is Longfellow’s, a classic book shop with the perk of having the occasional feline guest wandering the store, available to adopt if it happens to choose you.
But if you’re after a fun and unique bookshop experience, look no further than The Lucky Fox Bookshop. A traveling and online bookstore, The Lucky Fox is an independently-run business that hosts pop-up shops at hot spots around Portland, and centers their collection around LGBTQ themes, fantasy, and works from marginalized authors. “Check out the event page to see where we’ll be setting up shop this fall and winter; or, explore the online shop to snag your next great read,” advises Holland.
As the weather gets cooler, many bookstores also host special events like author signings, book clubs, and seasonal sales, making bookshop hopping a perfect fall activity for a day in Portland.
13. Prepare to be spooked at a haunted house
A visit to a haunted house perfectly captures the fall mood, blending eerie history with spooky entertainment as the days grow shorter and colder.
While there are multiple haunted houses you can explore around Portland, nothing quite beats The Annual Haunting at the Parsonsfield Seminary. Originally built in the 1800s, its 42 rooms transform into an epic spooky mansion for the ultimate Halloween experience. You’ll be led on a tour through the building’s four floors for a suspenseful storytelling show, guaranteed to give you some scares. Tours are offered only the last two weekends of October, and the seminary changes its act every year for a truly unique time.
While the Parsonsfield Seminary is located an hour out of Portland, it’s more than worth the trip. Make a weekend of it by staying nearby with Backcountry Excursions, where owner Cliff Krolick ensures you get the full fall experience cozying up in one of his yurts or cabins nestled within the woods.
14. Travel off the beaten path on an oyster tour of Portland
“If you’re an oyster lover visiting Portland, be sure to check out the Maine Oyster Trail,” recommends Trixie Betz, an oyster expert.
The Maine Oyster Trail, of which Portland is a major hub, offers activities like farm tours, boat tours, raw bars, shuck trucks, and even kayaking adventures, where you can see oyster farming up close and taste the product directly from the source. It’s a great fall activity that combines education, fresh seafood, and Maine’s scenic coastline.
“Fall is the best time to enjoy oysters, and what better place to do that than in Maine,” shares Betz. “Not only will you enjoy delicious Maine oysters and learn about the industry, you’ll earn prizes along the way.”
The Maine Oyster Tour includes an oyster passport you can use to keep track of the places you’ve visited; the more establishments you check into, the more prizes you earn. The farm-to-table approach of the experience gives you the unique opportunity for direct interaction with Maine’s oyster farms, making the Maine Oyster Trail a perfect fall thing to do in Portland.
15. Escape the chill with local nightlife
Portland’s nightlife changes with the seasons, especially in the fall when outdoor patios stay open with heaters and fire pits. Many places also host seasonal events, from Halloween-themed parties to fall harvest festivals that go into the night. Rising Tide Brewing Company and Oxbow Blending & Bottling have both indoor and outdoor spaces, and you can often find live music or food trucks.
For local music and laid-back vibes, check out the Flask Lounge for nightly live music, dancing, and up-and-coming DJs and bands. “Nestled in the heart of Portland, Flask Lounge is your favorite down-to-earth neighborhood bar,” affirms Flask Lounge owner Jessica Nolette. “Known for its unassuming charm and the city’s most affordable drinks, it truly feels like home.”
If dancing isn’t your thing, cozy up inside an intimate cocktail bar instead. The Portland Hunt + Alpine Club will serve you creative drinks in a sleek, Scandinavian-inspired space. For a warm and vintage vibe, Blyth & Burrows features a speakeasy-style experience, with handcrafted cocktails celebrating the maritime history of Portland.
Whether you’re in the mood for craft beers, live music, dancing the night away, or a more elegant evening, exploring the nightlife in Portland fall will leave you feeling warmer than you started.
Discovering fall things to do in Portland, Maine
There’s truly something special about fall in Portland, Maine. From festive farmers’ markets to cozy cafes and autumnal events, there’s something for everyone to enjoy. Whether you’re a lifelong resident or a first-time visitor, there are a plethora of fall things to do in Portland just waiting to be discovered. So bundle up, head out into the brisk air, and immerse yourself in all the fall fun this enchanting New England city has to offer.
Minnesota, known as the “Land of 10,000 Lakes,” blends natural beauty and city life. If you’re considering a move to this northern state, it’s essential to weigh the pros and cons of living in Minnesota. So, is Minnesota a good place to live? Let’s explore what makes it appealing and some challenges residents face.
Is Minnesota a good place to live?
Life in Minnesota is characterized by its stunning landscapes, friendly communities, and a strong emphasis on outdoor activities. The largest cities, Minneapolis and St. Paul, also known as the Twin Cities, boast a thriving arts scene, diverse culinary options, and numerous cultural festivals throughout the year. Major employers include Target, U.S. Bancorp, and the Mayo Clinic, contributing to diverse job market.
For opportunities to explore the outdoors, Minnesota offers a wealth of activities year-round. In the summer, residents can explore the state’s 10,000 lakes, with opportunities for kayaking, fishing, and swimming. The extensive trail system in parks like the Boundary Waters and the Superior Hiking Trail attract hikers and campers from all over. Whether you’re drawn to the thriving job market, the rich arts scene, or the endless outdoor adventures, Minnesota has something for everyone.
Minnesota state overview
Population
5,706,494
Biggest cities in Minnesota
Minneapolis, Saint Paul, Rochester
Average rent in Minneapolis
$1,649
Average rent in Saint Paul
$1,311
Average rent in Rochester
$1,464
1. Pro: Abundant outdoor activities
Minnesota is a great place to explore. With its 10,000 lakes and numerous parks, you can enjoy various activities year-round. In the summer, fishing, swimming, and boating on lakes like Lake Minnetonka or Lake of the Isles are popular pastimes. As the seasons change, the state’s natural beauty transforms, offering excellent opportunities for hiking in the lush forests, biking on scenic trails, and enjoying the vibrant fall colors. When winter arrives, residents can embrace snowshoeing, ice fishing, and skiing in places like Afton Alps.
Travel tip: Don’t miss the Boundary Waters Canoe Area Wilderness. This stunning location has pristine lakes and incredible opportunities for canoeing, fishing, and camping, making it perfect for a weekend getaway.
2. Con: The winters can be harsh
While the snow-covered landscape can be beautiful, winters in Minnesota can be brutal, with temperatures often plunging below freezing and snow accumulating frequently. This extreme weather can impact daily life, making commuting a challenge and limiting outdoor activities for some. The subzero temperatures can lead to icy roads and increased heating costs, forcing residents to bundle up and invest in winter gear.
3. Pro: Minnesotans are friendly
Minnesotans are known for their friendliness and community spirit, which is evident in the many local events and gatherings throughout the year. Neighborhoods often come together for community events, farmers’ markets, and festivals that celebrate local culture and history. Volunteering is a common practice, and many residents engage in initiatives that support local charities and businesses.
Insider scoop: Attend the Minnesota State Fair in late August to early September, where you can sample iconic local foods, enjoy live music, and experience the best of Minnesota culture.
4. Con: There are plenty of potholes to avoid
One of the more frustrating aspects of living in Minnesota is the prevalence of potholes, particularly during the spring months. The state’s harsh winter weather, with its constant freeze-thaw cycles, takes a serious toll on the roads, leading to an abundance of potholes. These road hazards can make driving less enjoyable and potentially cause damage to vehicles, such as flat tires or misaligned suspensions. In some areas, it can feel like you’re constantly dodging potholes on your daily commute, which can be a significant inconvenience for residents.
5. Pro: Rich cultural scene
The Twin Cities are home to a variety of museums, theaters, and galleries, including the Walker Art Center and the Minneapolis Institute of Art. These institutions host a wide range of exhibits and performances, showcasing local and international artists. Additionally, events like the Minnesota State Fair and the Twin Cities Jazz Festival highlight the state’s rich arts and music scene, offering opportunities for residents to explore and enjoy diverse cultural experiences.
Insider scoop: Take advantage of the Minneapolis Institute of Art, which offers free admission to its extensive collection of art from around the world. This gem not only showcases local artists but also hosts rotating exhibitions.
6. Con: High income taxes
Minnesota has one of the higher tax burdens in the country, which can be a drawback for some residents. State income tax rates can reach as high as 9.85% for those in higher income brackets, and property taxes can also be notable, impacting overall affordability. While these taxes fund essential services like education, healthcare, and infrastructure, they can strain budgets.
7. Pro: Commitment to sustainability
Minnesota is known for its commitment to sustainability and environmental protection. Many cities, including Minneapolis and St. Paul, promote green living initiatives, encouraging residents to adopt eco-friendly practices such as recycling, composting, and using public transportation. The state has also invested in renewable energy sources, making significant strides toward reducing its carbon footprint. Residents often engage in community efforts to protect local ecosystems and support sustainable agriculture.
Insider scoop: If you’re looking to get involved locally, check out Minnesota’s Zero Waste Challenge or volunteer with organizations like Minnesota Water Stewards, where you can actively contribute to keeping the state’s water sources clean and promote conservation efforts in your community.
8. Con: Limited public transportation
While the Twin Cities have a light rail system and bus services, public transportation options in other areas can be limited. Many suburban and rural communities lack comprehensive transit systems, which can make owning a car necessary for getting around. This limitation may be challenging for those who rely on public transport or prefer a car-free lifestyle. As a result, residents may need to budget for a vehicle and associated costs, such as insurance and maintenance.
9. Pro: Relatively lower cost of living in the state
One of the appealing aspects of living in Minnesota is its relatively lower cost of living compared to many other states, particularly in the Midwest. While cities like Minneapolis and St. Paul have seen rising housing costs, they are still more affordable than other major metropolitan areas in the U.S. The average rental rate for a one-bedroom apartment in Minneapolis hovers around $1,400 per month, while in smaller cities like St. Cloud, it’s significantly lower, averaging around $875. This lower cost of living makes Minnesota a good place to live for those looking to stretch their budget.
10. Con: Beware of the ticks
Ticks are a common nuisance in Minnesota, especially during the warmer months from late spring through early fall. These small, parasitic insects thrive in the state’s wooded areas, grassy fields, and even along hiking trails. The risk of tick bites can be a concern, as some ticks carry diseases such as Lyme disease and anaplasmosis. While enjoying Minnesota’s beautiful landscapes, residents must remain vigilant about tick prevention, including wearing long sleeves, using insect repellent, and conducting thorough tick checks.
A typical home needs about 17 to 30 solar panels, according EnergySage, a solar and home energy product comparison marketplace
. This wide range reflects the many variables involved, such as energy use and amount of sunshine. For an average system size of 8.1kW in sunny California, you’ll need about 20 panels.
How to calculate how many solar panels you need for your house
To calculate how many panels you need, you can use this formula:
Number of panels = annual electricity use ÷ solar panel production ratio ÷ solar panel output
The following steps guide you through the formula.
1. Find your home’s annual electricity usage
Your electricity use is measured in kilowatt-hours (kWh). To determine how much electricity your home uses, look at your electric bill history, usually available online at your utility’s website. If your gas bill is combined with your electric bill, look at the portion of your bill that’s for electricity. You’ll need to add up 12 months of electric bill data; if your utility is one of a growing number that provides Green Button data from the U.S. Department of Energy, you can use that to download a spreadsheet of your bill history and quickly calculate the total kWh for a year
U.S. Department of Energy. Green Button. Accessed Oct 17, 2024.
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2. Find the production ratio for your location
Solar production ratio is the ratio of a solar panel’s estimated energy output over time to its size. The production ratio depends on your location, because some regions get more sun per day than others, increasing a solar panel’s energy output
. You can look up your state’s solar production ratio on this map created by EnergySage.
3. Determine the output of your solar panels
Your solar panel output is measured in watts. Once you have quotes from installers, they will specify the output of the proposed panels. To calculate how many panels you’ll need before you get quotes, you can use 400W, the typical output for today’s residential solar panels.
4. Calculate how many panels you need
Let’s say your home uses 10,791 kWh annually, the average in the U.S. If your production ratio is 1.5, like it is for my home in California, you’ll need 18 panels to cover all of your home’s energy usage:
10,791 ÷ 1.5 ÷ 400 = 17.99 panels
Using this formula gives you a rough, high-level estimate. Your solar installer can refine your system sizing, taking into account the factors detailed below.
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Factors that affect how many solar panels you need
The exact number of solar panels you’ll need depends on these factors:
Your current electricity use
The key factor in determining the number of panels you need is how much electricity you use. If you have enough space on your roof, you’ll likely want enough solar panels to cover all of your electricity use.
Your future electricity use
Do you expect your family to grow? Are you planning to switch to an electric car or a heat pump? Will you be adding a refrigerator, pool, or air conditioning? It’s more cost-effective to install enough solar now to cover expected future use; that can also protect your investment if solar programs in your area, such as net metering, are phased out later.
The amount of sun you get
The more sun you get, the more electricity your solar panels can generate and the fewer panels you’ll need to cover your electricity use. You can get an idea of the solar resource in your area from the National Renewable Energy Laboratory (NREL) solar irradiance map.
Panel wattage and efficiency
Today’s typical residential solar installations use 400W panels, with an average range from 350W to 450W. Panels today have an average efficiency of 21% (with some up to 23% efficient), meaning that they convert 21% to 23% of the sunlight that hits them into electricity
. Higher-watt and higher-efficiency panels produce more energy but tend to cost more than their lower-watt and lower-efficiency counterparts. If your roof space is limited, you may be limited in how many panels you can have installed. In that case, you may want to consider higher-efficiency, higher-watt panels.
Your roof
How many panels you can have installed depends in part on the size of your roof, but there’s more to it than that. You’ll also need to consider the shape of the roof, whether it has obstructions such as vents and skylights, and whether it’s subject to shading from trees or buildings.
Your roof’s orientation also affects the number of panels you need; panels will generate the most energy on a south-facing roof, followed by east- and west-facing roofs
. Of course, your roof must be in good condition to be able to support the weight of the panels. After providing an initial quote using online tools, your installer will conduct a site visit to assess the condition of your roof and determine how many panels you can fit on it. If you can’t fit enough panels on your roof to cover all your electricity needs, it may still be worth covering a portion of your electricity.
Frequently asked questions
Does my house size affect how many panels I need?
Although house size may be a factor in how many panels you need, a much more significant factor is your electricity use. You are likely to use more electricity if you have a bigger house, but that might not be the case if your family is small and your house is energy-efficient.
Can I install more solar panels than I currently need?
If you expect your electricity use to increase, it’s a good idea to size your system for those future needs. Some utility companies have restrictions on system sizes, so check with your local utility to see how large they will let you size your system.