Rent to own Homes in Clearfield, UT
Clearfield is the third most populous city in Davis County, Utah behind neighbors Layton and Bountiful. It is a progressive community with a strong military base and some largest employers in the state, including Lifetime Products and Futura Industries Corporation. Its motto, "We've got it made," refers to its consistent development over the years as it blossomed into the primary transportation hub for the region and a major Freeport zone, home to 70 national and local companies.
Clearfield, UT is a great place for affordable rent-to-own homes! With a median household income of over $62,374 and a median rent of $1,117, the Clearfield, UT 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 Clearfield, UT. 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 Clearfield, UT Property Resources
Rent to own Homes in Cities Near Clearfield, UT
- Avon
- Bountiful
- Brigham City
- Centerville
- Clearfield
- Clinton
- Corinne
- Croydon
- Eden
- Farmington
- Farr West
- Fruit Heights
- Harrisville
- Hill Afb
- Hooper
- Huntsville
- Kaysville
- Layton
- Liberty
- Mantua
- Marriott-Slaterville
- Morgan
- Mountain Green
- North Ogden
- North Salt Lake
- Ogden
- Paradise
- Perry
- Plain City
- Pleasant View
- Riverdale
- Roy
- South Ogden
- South Weber
- South Willard
- Sunset
- Syracuse
- Uintah
- Washington Terrace
- West Bountiful
- West Haven
- West Point
- Willard
- Wolf Creek
- Woods Cross
Neighborhoods in Clearfield, UT
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Clearfield, UT is seeing rapid growth and Clearfield, UT's' housing market remains not optimal with an average home price that is 2% above the 2024 national average. Clearfield, UT is part of Davis 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 Davis is 0.6% which is below the national average, which is 0.99%.
Median Home Price in Clearfield, UT
Median Rent in Clearfield, UT
Top 4 Reasons to Live in Clearfield, UT
Leading sports and recreational center! The city boasts a state-of-the-art sports and recreational facility, unlike any other in the region. The Clearfield Aquatic Center located on South State Street is an indoor water park outfitted with hot tubs and features indoor running tracks, basketball courts, soccer court, gymnasium and more. Information on visitor's usage of the facility is handled by Clearfield City Hall, a few blocks away from State Street.
Lots of new affordable housing! The southern parts of the city offer some of the newest affordable homes, less than 17 years old. Townhouses near S. 1450 W. and Arcadian homes on S. 1650 E. are recent housing developments that include both rent to own homes and full mortgage payment homes. Excitingly, the city is ranked in the top 9% of homes renowned for their low property taxes, in addition to the community offering a median home value that is 29.3% less than Utah's average. It's safe to say home buyers are likely to find attractive houses that meet their budget.
Phenomenal house rental rates! Consumers get to enjoy a cost of living index 5.9% less in the city than Utah's average as well as low property taxes that have been passed on to rental rates for unbeatable price advantages. Apartments near Center St. and townhouses on N. Main St. show vacancy rates at 9%, which suggest that there are sufficient rental homes in the community for short-term renters. For long term stays, rent to own houses might offer the best of both leasing arrangements, with rent to own contracts intended for buyers who want a no-fuss mortgage plan.
Freshest farm produce! Farming in Clearfield laid the foundation for prosperity. Today, dozens of farmers markets spread throughout Davis County. Clearwater Farmers Market on South State Road downtown and Yuk and Reni Miya Market southwest of the town are arguably the best growers of onions, peppers, pumpkins, cantaloupes, melons and squash.