Rent to own Homes in Lafayette, CO
Lafayette, Colorado, located in Boulder County, has a small town feel and a population of less than 25,000 residents. Lafayette is a Home Rule Municipality, which gives this little town the right to draft and change its own charter rules without interference by the state legislature. Newlyweds Lafayette and Mary E. Miller founded the historical town in 1878 and helped make Lafayette what is today: a charming small town with big city opportunities in nearby Boulder, Colorado.
Lafayette, CO is a great place for affordable rent-to-own homes! With a median household income of over $85,909 and a median rent of $1,685, the Lafayette, 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 Lafayette, 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 Lafayette, CO Property Resources
Rent to own Homes in Cities Near Lafayette, 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
Popular Zip Codes in Lafayette, CO
80026 rent to own homesBuying a Home in Lafayette, CO
Lafayette, CO is seeing rapid growth and Lafayette, CO's' housing market remains not optimal with an average home price that is 111% above the 2024 national average. Lafayette, 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 Lafayette, CO
Median Rent in Lafayette, CO
5 Great Reasons to Live in Lafayette, Colorado
Hot Air Balloons! A hot air balloon adventure takes you hundreds of feet above the ground and over some of the most dramatic scenery and epic views imaginable. Fair Winds, the most popular balloon flight company in the Boulder area, promises that riders will create lifelong memories while they quietly float over the Rocky Mountains. When the balloon ride is over, grab a great cup of Joe at Cannon Mines Coffee on S. Public Road.
Fun Museums! The Lewis Home currently houses the Miner's Museum, which was built in the 1890s. It was moved to town after the Gladstone mine closed its doors. Miners lived in this home at the original site, and it contains an abundance of amazing historical relics from Lafayette's early days, including artifacts, mining tools and equipment. WOW Children's Museum is also full of fun exhibits and interactive displays.
Unbelievable Real Estate Growth! The real estate market is booming in Lafayette, making it the perfect time to invest in a property. The median sales price is $325,000 and rising rapidly, and there are still plenty of good deals to be found in rent to own properties. Search for homes on the greens near Indian Peaks Golf Course or search near South Public Road if you'd like to be close to good eateries.
Property Tax Deductions! The Homestead program is and has been in effect for those who claim a homestead exemption, which allows a major discount -- $75,000 -- on the taxable amount of a residential property. The savings mean more money to explore the great pubs in town like Post Brewing Company on Emma St. or Odd 13 Brewing on E. Simpson St.
Organic Farms! If you prefer home grown and more natural foods, visit Father Earth Organic Farm, which provides locally grown sustainable foods, fruits, flowers, herbs and honey. The farm also offer a CSA program that makes weekly or monthly seasonal fresh foods deliveries to members. Isabelle Farm is run by another local organic grower who offers a nice selection of produce.