Rent to own Homes in Erie, CO
Erie is a town that helps illustrate why people love Colorado living. The town features quick access to stunning nature, a wonderful housing selection, and very close proximity to Boulder and Denver. It's convenient location, close-knit community and the opportunity to live in peace and quiet make Erie residents more than happy to call this town home. All of this also might explain why this corner of Colorado has become a top real estate destination.
Erie, CO is a great place for affordable rent-to-own homes! With a median household income of over $124,480 and a median rent of $2,128, the Erie, 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 Erie, 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 Erie, CO Property Resources
Rent to own Homes in Cities Near Erie, CO
- Altona
- Aristocrat Ranchettes
- Arvada
- Berkley
- Berthoud
- Boulder
- Broomfield
- Commerce City
- Crisman
- Denver
- Derby
- Eldorado Springs
- Englewood
- Erie
- Federal Heights
- Firestone
- Gold Hill
- Gunbarrel
- Henderson
- Holly Hills
- Jamestown
- Johnstown
- Lafayette
- Lazy Acres
- Leyner
- Lochbuie
- Longmont
- Louisville
- Loveland
- Lyons
- Milliken
- Morrison
- Mountain Meadows
- Mountain View
- Niwot
- North Washington
- Paragon Estates
- Pine Brook Hill
- Platteville
- Seven Hills
- Shaw Heights
- St. Ann Highlands
- Sugarloaf
- Sunshine
- Superior
- Tall Timber
- Thornton
- Valmont
- Welby
- Wheat Ridge
Neighborhoods in Erie, CO
Vista Ridge rent to own homes Old Town Erie rent to own homes Downtown District rent to own homesBuying a Home in Erie, CO
Erie, CO is seeing rapid growth and Erie, CO's' housing market remains not optimal with an average home price that is 136% above the 2024 national average. Erie, CO is part of Boulder 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 Boulder is 0.57% which is below the national average, which is 0.99%.
Median Home Price in Erie, CO
Median Rent in Erie, CO
Top 6 Reasons Erie, CO Makes you Feel at Home
Fun activities locals love! Erie features plenty of options for residents that make living in Erie that much more enjoyable. The Erie Community Center is well known for its state-of-the-art facilities, featuring racquetball, tennis courts, special events for kids and classes for yoga and art. Erie is also big on the arts and routinely hosts events, classes and exhibits at the Art Center of Erie.
Real estate with lasting value! Erie is the type of place people want to live and that's reflected in the population increase between 2000 and 2010, with growth topping 200 percent. This has caused Erie's real estate value to consistently appreciate, with the estimated value of a house or condo going from $248,000 in 2000 to $343,000 in 2012, representing solid growth. Many people also choose to rent to own in Erie due to the versatility and financial security this option brings. If you're in the market for a condo, check out the neighborhood around Young Court or Blue Sky Circle.
Great places to dine out! Erie has plenty of restaurants, bars and cafes where locals love to grab a bite to each or catch up with a neighbor. Residents love Briggs Street Cafe and Bakery, a place where they can grab an organic coffee and a slice of homemade carrot cake. If you're in the mood for a hearty meal, you can head to the Colorado National Golf Club, where you can enjoy a steak or burger after a day on the golf course.
Modern homes abound! Erie has plenty of housing options available, but most of Erie's housing stock is relatively new, with over 60 percent of the homes built after 2000, which underlines the strong growth of this area and demand to live in Erie. For those who want an older house with a bit of antique charm, approximately 5 percent of the homes were built before 1939. If you're looking for a house to buy, check out the neighborhood around Kattell Street or Pierce Street.
A fast growing economy! Erie's fast population growth is reflected in part by the excellent job opportunities in both the town and surrounding cities. Denver's unemployment rate is only 5.1 percent and Boulder's is only 3.7 percent as of 2014, which is much lower than the national average. Erie's residents also are centered in a number of strong job fields, with 11.5 percent of residents employed in healthcare, 12.5 percent in technical and science fields and 12 percent in education. Major employers in the area are Boulder Community Hospital and Ball Aerospace.
Access to beautiful nature! Colorado is known for its stunning nature and Erie gives you a front row seat to the best that Colorado has to offer. In minutes, you can be rock climbing in the breathtaking Eldorado Canyons or walking the trails of the Flatirons, which serve as the foothills of the majestic Rocky Mountain range. In fact, the Rocky Mountain National Park is just a quick trip away.