Rent to own Homes in Ammon, ID
Ammon is a growing city in Southeast Idaho, sharing the eastern boundary of Idaho Falls. The city has old roots, dating back to the early 1900s, but it has only been in the last 15 years that Ammon has seen real growth. Its population of 14,000 continues to expand, a reflection of its many amenities. Its dry climate and easy access to ski areas make Ammon a great place to live.
Ammon, ID is a great place for affordable rent-to-own homes! With a median household income of over $55,065 and a median rent of $905, the Ammon, ID 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 Ammon, ID. 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 Ammon, ID Property Resources
Rent to own Homes in Cities Near Ammon, ID
Neighborhoods in Ammon, ID
No neighborhoods foundPopular Zip Codes in Ammon, ID
No zip codes foundBuying a Home in Ammon, ID
Ammon, ID is seeing rapid growth and Ammon, ID's' housing market remains not optimal with an average home price that is 1% above the 2024 national average. Ammon, ID is part of Bonneville 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 Bonneville is 0.79% which is below the national average, which is 0.99%.
Median Home Price in Ammon, ID
Median Rent in Ammon, ID
Top 7 Reasons to Live in Ammon, ID
Affordable real estate! Approximately 2 percent of the homes in Ammon are listed for sale, which is on par for Idaho's real estate market. The price-per-square-foot on Ammon real estate however, is 21 percent less than in Idaho, and 18 percent higher than the average home in nearby Idaho Falls.
Good time to buy or rent to own! Approximately 4 percent of homes in Ammon are new houses, and 48 percent of the listings in the area are reduced, offering a great area to look for an affordable home. Both the Woodland Hills and Hillcrest areas of the city offer a solid community environment with convenient amenities.
Take a trip to the museum! The Collector's Corner Museum in nearby Idaho Falls is a collector's dream come true with more than 100 collections to see. Did you ever wonder why Idaho is so famous for its potatoes? The Idaho Potato Museum in nearby Blackfoot, Idaho is the place to find the answer, become an expert on potato trivia, and have some fun while you're at it.
Find a fun way to exercise! Break out the roller skates and head to the rink. Starlite Skating Rink has everything you need for roller and inline skating. For bouncier types, the ijump Trampoline Park in nearby Idaho Falls features 6,000 square feet of trampoline fun for all ages.
Spend the day in the park! McCowin Park has more than 7 different sports venues, including a swimming pool and three baseball fields. The brand-new Eagle's Homestead Park has ten acres of recreational amenities, including a picnic shelter, sporting courts and an ADA-accessible playground.
Walk and talk with the animals! Tautphaus Park Zoo in nearby Idaho Falls provides animal exhibits from around the world and is a must see for anyone nearby. Yellowstone Bear World in Rexburg features a drive-through tour and offers an unusual, up-close encounter with Idaho wildlife.
Time for dinner! If you are looking for a truly delightful dining experience, Geraldine's Bake Shop & Deli has you covered. Or, for something a little different, check out the Cellar for a feast fit for a fisherman.