Rent to own Homes in Pahrump, NV
Originally home to the Native American Shoshone tribe, Pahrump is just an hour from the bright lights of Las Vegas to the west, and the natural wonders of Death Valley National Park to the east. It's a great spot to explore dunes and canyons, or head for the high octane nightlife on the Vegas strip. Closer to home, the adventure trails throughout the Pahrump Valley offer plenty of outdoor recreation, whether you're hiking, biking, or off-road motorcycling.
Pahrump, NV is a great place for affordable rent-to-own homes! With a median household income of over $48,948 and a median rent of $913, the Pahrump, NV 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 Pahrump, NV. 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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Pahrump, NV is seeing rapid growth and Pahrump, NV's' housing market remains optimal with an average home price that is -15% below the 2024 national average. Pahrump, NV is part of Nye 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 Nye is 0.71% which is below the national average, which is 0.99%.
Median Home Price in Pahrump, NV
Median Rent in Pahrump, NV
Top 5 Reasons to Live in Pahrump, NV
Enjoy a high vacancy rate! You won't have to stress too much about finding rent to own houses. With a 17.3% vacancy rate in Pahrump's town center, you'll have plenty of great neighborhood spots to choose from, whether you want to be close to Ian Deutch Memorial Park or Highway 160, or ready to relax at the Spring Mountain Motor Resort. Spring Mountain houses the Ron Fellows Corvette Driving School, as well as the Lotus Performance Driving School, so you can cruise around town in style.
Great dining! It may be a desert out there, and a beautiful one as far as nature's concerned, but it's far from a dining desert. Choices abound, from the elegant Symphony, with its own winery and a penchant for garnishing plates with edible orchids, to My Thai's signature Pad Thai, and the homey breakfasts of Mom's Diner. Ohjah's Japanese Steakhouse and Sushi offers more exotic delights. Sweet tooth? Seemore's Polar Parlor offers huge and delicious soft-serve ice creams for dessert.
A wide variety of homes! The Pahrump community features medium to large single family homes, apartments, townhouses, and mobile homes to choose from. With a selection as varied as this, you can find the rental house of your dreams in a community just a short drive away from Ash Meadows National Wildlife Refuge, a birder's delight, or a few blocks from the Walmart Super Center. You can also easily enjoy the Mesquite Sand Dunes at dusk, or take in the magic of Penn and Teller -- both just an hour away.
Golfer's paradise! The perfect year-round golfing conditions, gorgeous mountain views, and affordable green fees means you'll be "fore" living here. Mountain Falls Golf Course offers fairways fit for beginners and advanced pros alike, while Lakeview Executive Golf Course, laid out by architect William F. Bell, offers a more challenging course.