Rent to own Homes in Aurora, CO
Located just outside of Denver, Aurora is the third most populated city in Colorado. This family-friendly residential/commercial area hosts more than 30 national and regional sports competitions a year, many of which are held in the popular Aurora Sports Park. Home to Buckley Air Force Base (the city's largest employer), Aurora is also the home of beautiful Cherry Creek State Park, where Pope John Paul II held his World Youth Day Mass in 1993.
Aurora, CO is a great place for affordable rent-to-own homes! With a median household income of over $67,723 and a median rent of $1,401, the Aurora, CO 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 Aurora, CO. 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 Aurora, CO Property Resources
Rent to own Homes in Cities Near Aurora, CO
- Aetna Estates
- Applewood
- Arvada
- Aurora
- Bennett
- Berkley
- Brick Center
- Broomfield
- Castle Pines
- Castle Pines North
- Castle Rock
- Cherry Creek
- Cherry Hills Village
- Commerce City
- Dakota Ridge
- Denver
- Derby
- Dove Valley
- East Pleasant View
- Edgewater
- Erie
- Fairmount
- Four Square Mile
- Foxfield
- Franktown
- Glendale
- Golden
- Henderson
- Highlands Ranch
- Holly Hills
- Inverness
- Ken Caryl
- Lakeside
- Lakewood
- Littleton
- Lone Tree
- Louviers
- Meridian Village
- Mountain View
- Parker
- Ponderosa Park
- Roxborough Park
- Sedalia
- Sheridan
- Sherrelwood
- Stepping Stone
- Stonegate
- Thornton
- Welby
- West Pleasant View
Neighborhoods in Aurora, CO
Heritage Eagle Bend rent to own homes Tallyn's Reach rent to own homes Carriage Place rent to own homes Meadow Hills rent to own homes Mission Viejo rent to own homes Park Villas rent to own homes Pheasant Run rent to own homes Prides Crossing rent to own homes Saddle Rock Golf Club rent to own homes Shenandoah rent to own homesBuying a Home in Aurora, CO
Aurora, CO is seeing rapid growth and Aurora, CO's' housing market remains not optimal with an average home price that is 48% above the 2024 national average. Aurora, CO is part of Arapahoe 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 Arapahoe is 0.67% which is below the national average, which is 0.99%.
Median Home Price in Aurora, CO
Median Rent in Aurora, CO
Top Reasons to Live in Aurora CO
Aurora Housing Statistics These figures represent rent to own homes, sold houses, rental homes and condominiums. The median listing price for a home in Aurora is $205,000, which shows a 20.7% increase over last year's listings. The median sale price for an Aurora home is $195,100, which represents an increase of 10.1% over last year. As of August 2013, 61.2% of Aurora's residential properties are single family homes, 28.0% are condos and 10.8% are other property types. 63.9% or Aurora residents are homeowners, while 36.1% are renters. The annual residential turnover rate is 26.86%.
Transportation and Commutes in Aurora Aurora is serviced by Denver's Regional Transportation District (RTD), which provides public transportation, via buses and light rail, throughout the city. In 2006, the RTD light rail transit system was expanded to include southwest Aurora, stopping at the Dayton and Nine Mile Stations. From there, commuters can use the comprehensive RTD bus system that runs throughout the city. The RTD light rail system is slated for further expansion, which should be completed by 2017.
Local Shopping in Aurora Town Center at Aurora is one of the city's largest shopping malls, and has more than 150 stores and restaurants. Another popular mall is Southlands, located in southeast Aurora. In addition to a wealth of well-known retailers, it offers a cinema, as well as a number of pubs, restaurants and popular local bars. Aurora City Place is also a shopping mecca, with nationally-known retailers, restaurants and fast-food chains.
Arts and Culture in Aurora As part of the city's growth, the Aurora Cultural Arts District has revitalized the city's downtown area by helping to create and support a number of art galleries and performing art centers.
Aurora Nightlife You don't have to drive into Denver in order to experience big city nightlife because Aurora has a wide variety of bars, restaurants and nightclubs. Here are a few local favorites: