Rent to own Homes in Eagle Mountain, UT
A master-planned community in Utah's urban corridor, Eagle Mountain lies in the foothills of the Lake Mountains. Just 45 miles southwest of vibrant Salt Lake City, Eagle Mountain is just a ten minute drive from picturesque Utah Lake. In addition to being the third largest city in the state, Eagle Mountain is also one of Utah's fastest growing. The population has exploded from just 250 residents in 1996 to the current community of more than 24,000 people.
Eagle Mountain, UT is a great place for affordable rent-to-own homes! With a median household income of over $87,094 and a median rent of $1,634, the Eagle Mountain, 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 Eagle Mountain, 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 Eagle Mountain, UT Property Resources
Rent to own Homes in Cities Near Eagle Mountain, UT
- Alpine
- Alta
- American Fork
- Bingham Canyon
- Bluffdale
- Bountiful
- Brighton
- Cedar Fort
- Cedar Hills
- Cedar Valley
- Copperton
- Cottonwood Heights
- Draper
- Eagle Mountain
- Emigration Canyon
- Erda
- Fairfield
- Granite
- Herriman
- Highland
- Holladay
- Kearns
- Lehi
- Lindon
- Magna
- Midvale
- Millcreek
- Murray
- North Salt Lake
- Ophir
- Orem
- Pleasant Grove
- Provo
- Riverton
- Salt Lake City
- Sandy
- Saratoga Springs
- South Jordan
- South Salt Lake
- Stansbury Park
- Taylorsville
- Tooele
- Vineyard
- West Jordan
- West Valley City
- White City
- Woods Cross
Neighborhoods in Eagle Mountain, UT
No neighborhoods foundPopular Zip Codes in Eagle Mountain, UT
84005 rent to own homesBuying a Home in Eagle Mountain, UT
Eagle Mountain, UT is seeing rapid growth and Eagle Mountain, UT's' housing market remains not optimal with an average home price that is 46% above the 2024 national average. Eagle Mountain, UT is part of Utah 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 Utah is 0.55% which is below the national average, which is 0.99%.
Median Home Price in Eagle Mountain, UT
Median Rent in Eagle Mountain, UT
5 Reasons to Live in Eagle Mountain, UT
Diverse choice of neighborhoods! If you crave scenery, look for a home in Silver Lake. If you prefer to be close to a golf course, the Rock Creek neighborhood is near the Ranches Championship Course. Autumn Ridge is another location that's great for energetic types.
Enviable lifestyle! With a cost of living that's on a par with the Utah average and almost nine percent less than the national average, life in Eagle Mountain comes at a reasonable price. A great livability score, ample amenities and easy access to recreational destinations such as the Pony Express Memorial Park and the Ranches Parkway led more than 90 percent of Eagle Mountain residents to rate their quality of life as good or excellent.
Stable housing market! Almost 90 percent of properties in Eagle Mountain are owner occupied, with a median home value that's more than six percent greater than the national average. If you're looking at rental home options or hope to go down the rent to own route, you can reasonably expect to pay around $1,180 a month, although apartments at Aldara Apartment Homes and Mayflower Harbor often come in a little lower.
Plentiful amenities! Everything you need need for daily life in Eagle Mountain can be found close at hand. Handle your weekly grocery shopping at Ridley's Family Market on the Pony Express Parkway, or head to Heritage Drive on Saturday mornings to visit the Eagle Mountain Farmer's Market for a variety of ultra-fresh goods. Bookworms will appreciate the Eagle Mountain City Library on Stagecoach Run.
Lively community events! Get to know your neighbors by attending the city's annual celebration in June. The Pony Express Day recognizes the city's location along the historic Pony Express Trail. Additional events are held throughout the year at Eagle Mountain City Hall and the Council Chambers.