Rent to own Homes in Longmont, CO
Longmont, CO is a municipality in Boulder and Weld counties, just northeast of Boulder. The name comes from the Longs Peak mountain that you can see from Longmont. It was founded in 1871 and developed as an agricultural community. A sleepy town for most of its life, Longmount recently has had a resurgence of energy and now has a vibrant feel to it, thanks to its combination of the new and the old. For instance, you can stop by the Longmont Museum and Cultural Center to learn about the city's history, and then afterwards head over into the Left Hand Brewery to sip some delicious local brews.
Longmont, CO is a great place for affordable rent-to-own homes! With a median household income of over $79,140 and a median rent of $1,437, the Longmont, 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 Longmont, 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 Longmont, CO Property Resources
Rent to own Homes in Cities Near Longmont, CO
- Allenspark
- Altona
- Arvada
- Bark Ranch
- Berthoud
- Boulder
- Brighton
- Broomfield
- Commerce City
- Dacono
- Drake
- Erie
- Federal Heights
- Firestone
- Fort Collins
- Fort Lupton
- Frederick
- Gilcrest
- Gold Hill
- Greeley
- Gunbarrel
- Henderson
- Hidden Lake
- Jamestown
- Johnstown
- Lafayette
- Lazy Acres
- Leyner
- Longmont
- Loveland
- Lyons
- Mead
- Milliken
- Niwot
- Northglenn
- Platteville
- Shaw Heights
- Sherrelwood
- St. Ann Highlands
- Sugarloaf
- Sunshine
- Superior
- Tall Timber
- Thornton
- Timnath
- Todd Creek
- Valmont
- Welby
- Westminster
- Windsor
Neighborhoods in Longmont, CO
The Shores rent to own homes Longmont Estates rent to own homes Prospect New Town rent to own homes Pike rent to own homes Schlagel rent to own homes Lanyon rent to own homes Downtown Longmont rent to own homes West Side Historic District rent to own homes Lower Clover Basin rent to own homes Sunset rent to own homesBuying a Home in Longmont, CO
Longmont, CO is seeing rapid growth and Longmont, CO's' housing market remains not optimal with an average home price that is 82% above the 2024 national average. Longmont, 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 Longmont, CO
Median Rent in Longmont, CO
Top Reasons to Live in Longmont, CO
Housing Statistics If you're looking for rent-to-own homes or homes for sale, you will find some beautiful options in Longmont. The estimated median value for a house or condo is $207,000, which is just under the national average. The residential turnover rate is 26 percent.
Living and Being A whopping 91 percent of people who live in Longmont drive to work, 3 percent walk or bike, and 2 percent take public transportation. Five percent are lucky enough to work from home.
Industries Large and Small The top employers in Longmont are the St. Vrain Valley Schools, with nearly 5,000 employees. The Longmont United Hospital employs over 1,000 people, and Seagate Technology also has over 1,000 employees.
Neighborhoods Longmont has a friendly and embracing community made up of a number of different neighborhoods. Each one has its own character that adds something to the city, whether it is historic buildings, public art installations, or beautiful golf courses.