Rent to own Homes in Sparks, NV
Sparks, Nevada is a close-knit, family-friendly city that is flush with recreational opportunities, good schools, and low-priced homes with growing values. Part of the allure of Sparks is its many unique qualities, including the Nugget Casino Resort, Victorian Square, and the Outlets at Legends. Sparks has plenty of activities, from sports at the Golden Eagle Regional Park to its craft beer culture led by the Great Basin Brewing Company. With so much good stuff, it's no wonder Sparks is called the City of Promise.
Sparks, NV is a great place for affordable rent-to-own homes! With a median household income of over $67,187 and a median rent of $1,244, the Sparks, 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 Sparks, 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.
More Sparks, NV Property Resources
Rent to own Homes in Cities Near Sparks, NV
Neighborhoods in Sparks, NV
D'Andrea rent to own homes Marina Village rent to own homes Spanish Springs Town Center rent to own homes Trammell Crow Victorian Square rent to own homes The Foothills at Wingfield Springs rent to own homes Stonebrook rent to own homes Sierra Crest Senior Apartments rent to own homes Copper Canyon rent to own homes Upper Highlands rent to own homes Wyndam hills - the Highlands rent to own homesPopular Zip Codes in Sparks, NV
89432 rent to own homes 89435 rent to own homes 89431 rent to own homes 89436 rent to own homesBuying a Home in Sparks, NV
Sparks, NV is seeing rapid growth and Sparks, NV's' housing market remains not optimal with an average home price that is 49% above the 2024 national average. Sparks, NV is part of Washoe 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 Washoe is 0.64% which is below the national average, which is 0.99%.
Median Home Price in Sparks, NV
Median Rent in Sparks, NV
Top Reasons to Live in Sparks NV
Housing Statistics Sparks has a population of 90,264, according to the 2010 census, and people have been pouring in at a rate of roughly three percent per year. The annual residential turnover is low too, meaning people stick around once they settle here. It's currently at about 16 percent. The average price for a home in the first quarter of 2013 was $286,430, with the median price estimated at $152,875 for the same time period. There are almost an even number of owners and renters here. The fairly cushy eight percent vacancy rate in Sparks means you shouldn't have much trouble finding a place. Those not able to buy, but eager to, should consider rent to own houses as possibilities.
Local Sports Sparks natives prefer to get busy playing rather than watching professional teams, as evidenced by the plethora of recreational areas, parks, and open spaces available for use. The 100-plus-acre Golden Eagle Regional Park & Sports Complex is the most popular: It features six softball fields, four baseball fields, four volleyball courts, two bocce ball courts, and a pro shop. There is also swimming at the Alf Sorensen Community Center, located in between Shadow Mountain Park and Van Meter Park, a necessity in the hot summers.
School Systems Sparks schools are operated by the Washoe Country School District. There are currently five high schools, four middle schools, and 20 elementary schools. There are also three private schools running in Sparks. Alyce Savage Taylor Elementary School is considered the best quality grade school, Lou Mendive and Yvonne Shaw are the best middle schools, and Edward C. Reed and Spanish Springs are the top high schools in the area. School quality can vary greatly depending on the district, so buyers with families will want to check the assigned district before investing.
Neighborhoods Sparks is home to six main neighborhoods, but there are additional subdivisions of interest for serious buyers. Some spots are more family-friendly and others are more walkable, with great local amenities including retail and recreation.