Rent to own Homes in Clifton, CO
Located on the northern banks of the Colorado River, Clifton makes up the eastern part of the Grand Junction Metropolitan area and has a population of just under 20,000 residents. Settlers first arrived here in the 1880s, with most earning their living through cattle raising, fruit picking, and farming. The community got its name from the nearby Book Cliffs. Sunshine lovers will be happy here with more than 3200 hours per year.
Clifton, CO is a great place for affordable rent-to-own homes! With a median household income of over $46,394 and a median rent of $969, the Clifton, 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 Clifton, 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.
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Rent to own Homes in Cities Near Clifton, CO
Neighborhoods in Clifton, CO
Candlewood Park rent to own homes Swan View rent to own homes Kimwood Estates rent to own homes Grove Creek rent to own homes Fruitwood rent to own homes Central Clifton rent to own homes South Clifton rent to own homes Rocky Mountain rent to own homesPopular Zip Codes in Clifton, CO
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Clifton, CO is seeing rapid growth and Clifton, CO's' housing market remains optimal with an average home price that is -27% below the 2024 national average. Clifton, CO is part of Mesa 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 Mesa is 0.46% which is below the national average, which is 0.99%.
Median Home Price in Clifton, CO
Median Rent in Clifton, CO
Top 3 Reasons to Move to Clifton, CO
Get more for less! If you want to wake up to some sweeping Colorado Rocky Mountain vistas, you can do so for less in Clifton. The average property price here is significantly lower than the rest of the state. Median real estate prices in Clifton are 34.9 percent less than the Colorado average -- at $154,200 compared to $236,800 elsewhere in the state. Additionally, the average property taxes paid in Mesa County are below the national average at just $1,076 per year. Pear Park in the south west part of town and Sharptail Street are two of the more in demand residential areas in Clifton.
An abundance of restaurants! Whether it's Chinese, Mexican, Italian, or just a good ol' hamburger that you're after, there's sure to be something for you in Clifton. Some of the local favorites include the Chin Chin Chinese Restaurant -- located on Business Loop, with Orange Chicken and Beef Lo Mein -- and Randy's Southside Diner -- also located on Business Loop, the perfect spot for a hearty American breakfast. They serve comfort food classics such as biscuits and gravy, eggs Benedict, and green chili. There are also a number of Mexican eateries such as Los Jilbertos Taco Shop and Dos Hombres.
Rents that won't bust your budget! Renting in Clifton is affordable and leaves plenty of your hard earned money to go off and explore all those nearby attractions. Median rental prices come in at $802 a month, compared to the Colorado state average of $915 per month -- a difference of 12.3 percent. There are also plenty of rent to own properties in Clifton for those who aren't ready to buy a house right away. However, the great value means that the vacancy rate stands at just four percent, so it might take some persistence to find the right place. Clifton town center, which is located just north of US Highway 6, offers the majority of rental accommodations, but there are also numerous single unit rental homes along East Drive.