Rent to own Homes in Sun Lakes, AZ
Sun Lakes is an active community that is located about 40 minutes from Phoenix. It started out as a master-planned community and is now well-known for its five vibrant neighborhoods, multiple golf courses, and nearly 14,000 residents. It is right next to Chandler and about 40 minutes south of Scottsdale, and the nearby Interstate 10 makes it easy to get to these and other Phoenix suburbs.
Sun Lakes, AZ is a great place for affordable rent-to-own homes! With a median household income of over $56,148 and a median rent of $1,483, the Sun Lakes, 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 Sun Lakes, 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.
More Sun Lakes, AZ Property Resources
Rent to own Homes in Cities Near Sun Lakes, AZ
- Ak-Chin Village
- Apache Junction
- Blackwater
- Casa Blanca
- Casa Grande
- Chandler
- Coolidge
- Fort Mcdowell
- Fountain Hills
- Gila Crossing
- Gilbert
- Gold Canyon
- Goodyear Village
- Guadalupe
- Komatke
- Laveen
- Lower Santan Village
- Maricopa
- Mesa
- Paradise Valley
- Phoenix
- Queen Creek
- Sacate Village
- Sacaton
- Sacaton Flats Village
- Santa Cruz
- San Tan Valley
- Scottsdale
- Stotonic Village
- Sun Lakes
- Sweet Water Village
- Tempe
- Upper Santan Village
- Wet Camp Village
Neighborhoods in Sun Lakes, AZ
Sun Lakes rent to own homesPopular Zip Codes in Sun Lakes, AZ
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Sun Lakes, AZ is seeing rapid growth and Sun Lakes, AZ's' housing market remains not optimal with an average home price that is 36% above the 2024 national average. Sun Lakes, AZ is part of Maricopa 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 Maricopa is 0.59% which is below the national average, which is 0.99%.
Median Home Price in Sun Lakes, AZ
Median Rent in Sun Lakes, AZ
4 Reasons to Move to Sun Lakes, AZ
New real estate! If you are looking for a home that won't need a lot of repairs, you will be pleased with the properties you will find here. The average home age in Sun Lakes is about 22 years, which is much newer than the nationwide average. You can find lots of attractive and nearly-new homes near major cross streets that include West Chandler Heights Road and South Arizona Avenue, as well as East Riggs Road and South Alma School Road.
Golf! If you love golf, Sun Lakes is the place to be. Every neighborhood here has its own golf course, and it's not uncommon to see residents in Sun Lakes riding their golf carts to the grocery store. Oakwood Golf Club has three nine-hole courses, while the Ironwood Golf Club has 18 holes and is par 67. Palo Verde Country Club has 18 holes and is par 62, and Cottonwood County Club also has 18 holes but is par 72. Finally, there's Sun Lakes Country Club, which is par 60.
Places to eat! Many of the golf courses here have their own restaurant. If you feel like enjoying your meal overlooking a golf course, check out the Grill at Oakwood Country Club, Cottonwood Cafe, Sunset Grill, or Palo Verde Restaurant. You will also find eateries like Ramiro's Taco Shop and Asian Grill around Sun Lakes. Plus, Chandler is minutes away and features hundreds of restaurants for you to choose from.
Lots of homeowners! If you are looking to become a homeowner when you move to Sun Lakes, you won't be the first. About 91% of the residents here own their own home. You will find it easy to locate several houses for sale and rent to own homes in gated communities like Oakwood and Ironwood. If you prefer a non-gated community, check out Sun Lakes I. The communities of Cottonwood and Palo Verde round out the five neighborhoods that comprise this active city.