Rent to own Homes in Scottsbluff, NE
The railroad was the impetus for laying out this town in the Nebraska panhandle back in 1899. It was situated on the opposite bank of the North Platte River from the bluff that it was named for. Scotts Bluff also supplied the name for the surrounding county and is now the site of a U.S. National Park named Scotts Bluff National Monument. In the 2010 census, Scottsbluff had a population of just over 15,000 people.
Scottsbluff, NE is a great place for affordable rent-to-own homes! With a median household income of over $49,182 and a median rent of $860, the Scottsbluff, NE 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 Scottsbluff, NE. 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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Scottsbluff, NE is seeing rapid growth and Scottsbluff, NE's' housing market remains optimal with an average home price that is -46% below the 2024 national average. Scottsbluff, NE is part of Scotts Bluff 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 Scotts Bluff is 1.73% which is above the national average, which is 0.99%.
Median Home Price in Scottsbluff, NE
Median Rent in Scottsbluff, NE
4 Best Reasons to Live in Scottsbluff, NE
Home prices steady! There have been some fluctuations over the past several years, but housing values in this area have remained fairly static since 2010. The median value of property in Scottsbluff is $109, representing a slightly higher value than for the combined metropolitan area, which also includes the town of Gering across the river. Rent to own houses offer good value for those interested in settling in this area. Rental prices are currently at a low point, but they show an upward trend. The City Center has a mix of housing, including smaller single-family homes and some apartments. Popular newer neighborhoods radiate to the northeast and northwest, and include Hillerage/Trout and Covert/Heldt. Both have some larger and more expensive homes.
Getting out in nature: Riverside Campground is a great destination for "kids of all ages" for day-long or weekend adventures. The campground is open from May through September and offers a disc golf facility, arboretum, fishing ponds and picnic tables. Nearby are the Scotts Bluff National Monument and Wildcat Hills for hiking and exploring. Riverside Discovery Center is a special attraction, with a live animal zoo and an all-ages splash center.
A lighthouse? It may never have housed a light, but it stands guard over Lake Minatare, about seven miles north of town. Built of native stone in 1939 by the Veterans Conservation Corps, visitors can climb the stairs of this 55-foot tower for a great view of the surrounding plains. Pack a lunch and spend the day at the lake, or take a leisurely drive through the countryside and stop for dinner at the Woodshed back in Scottsbluff. As an option, meet friends for a casual feast at El Molcajete.
A neighborly place: This is a settled small town with a population of just over 15,000. The median age of homes in town is 42 years, with 56% owned and 42% rented. Seven per cent of the housing was unoccupied the previous year, but 246 homes for sale were purchased last year. Residents are concerned with their quality of life, the quality of education and recreational facilities, and the crime rate is considered low.