Rent to own Homes in Fortuna Foothills, AZ
Fortuna Foothills, Arizona includes a land area of about 40 miles. It is an unincorporated community close to Phoenix and has a population of around 28,000 people. With pride in their independent status, the residents hope to remain as a census designated place as part of Yuma County without becoming a city. This offers residents a unique small-town environment and really makes Fortuna Foothills the perfect place for someone seeking out that independent living situation.
Fortuna Foothills, AZ is a great place for affordable rent-to-own homes! With a median household income of over $49,129 and a median rent of $1,134, the Fortuna Foothills, AZ rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Fortuna Foothills, AZ. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
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Rent to own Homes in Cities Near Fortuna Foothills, AZ
Neighborhoods in Fortuna Foothills, AZ
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Fortuna Foothills, AZ is seeing rapid growth and Fortuna Foothills, AZ's' housing market remains optimal with an average home price that is -41% below the 2024 national average. Fortuna Foothills, AZ is part of Yuma county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Yuma is 0.63% which is below the national average, which is 0.99%.
Median Home Price in Fortuna Foothills, AZ
Median Rent in Fortuna Foothills, AZ
5 Reasons to Live in Fortuna Foothills, Arizona
A great place to catch some golf! Fortuna Foothills has a desert climate, which is probably what you would expect if you were considering a destination in Arizona. Don't think that this means there is nothing to do though; instead, one of the best ways to keep yourself entertained is to play some golf. Those who have experience with the sport can enjoy some games at the Foothills Golf Course. For less experienced players, there's the Foothills Par 3, which will help you build up the skills you need.
Real estate prices below the national average! The average cost of homes for sale in Fortuna Foothills is about $118,000. Like with most areas of this size, new residents can often find the best deals in properties for sale by owner. The heaviest concentration of homes are around the center of the area off of El Camino Del Diablo, S Jolene Avenue, and S Montana Avenue.
Rental options are also affordable! If you would prefer to instead look at homes for rent or apartment complexes, there is no shortage of availability here either. Some new residents consider rent to own houses the best way to break into the desert living and find that it offers more flexibility with their move and transition into the small town environment. Both the River Park and Lothlorien Apartment complexes are great options.
Low cost of living and fast travel! Because of its layout and community structure, the cost of living in Fortuna Foothills is 7.4% lower than the national average. Perhaps as important to the local workers, the commute time is 22 minutes, which is 3 minutes less than the national average. This is due in part to major roads running through the town such as US-8 and S Fortuna Rd.
Access to recreation! Fortuna Foothills is located on the Colorado River, which helps residents beat the summer heat and offers easy opportunities for water recreation. For a slower paced recreational activity, there is also the Foothills Branch Library.