Rent to own Homes in Hurricane, UT
Located in rural southwestern Utah, Hurricane has a population of 13,748. Since 2010, the population of Hurricane has exploded, with new residents flocking to the city because of its beautiful scenery, rural living and access to numerous local attractions. Within the town, Hurricane is known for being the peach capital of the state and also grows pistachios, apricots and pecans. Hurricane is home to numerous amenities like multiple ranked golf courses, two recreational lakes and beautiful parks.
Hurricane, UT is a great place for affordable rent-to-own homes! With a median household income of over $57,882 and a median rent of $957, the Hurricane, 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 Hurricane, 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.
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Hurricane, UT is seeing rapid growth and Hurricane, UT's' housing market remains not optimal with an average home price that is 20% above the 2024 national average. Hurricane, UT is part of Washington 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 Washington is 0.51% which is below the national average, which is 0.99%.
Median Home Price in Hurricane, UT
Median Rent in Hurricane, UT
Top 5 Reasons to Live in Hurricane, UT
Great local shopping! Because no one wants to drive to a large city to do their grocery shopping, it is important to live in a city that has everything you need within a 15-minute car ride. In Hurricane, the city is home to one of the largest Lin's grocery stores in the state and departments stores like Target and Walmart reside on the town's periphery.
Amazing annual festivals! Join your fellow residents by celebrating the heritage of Hurricane at the annual Peach Days Street Festival. Held at the end of August, the festival features a Peach-Pie Cook Off, 12K run, a parade and a rodeo. Residents are encouraged to submit a baked good or artwork for the chance to win some great prizes. Come support local charities at the Hurricane Valley Christmas Tree Festival, which is a two day event held in early December.
Leisure and recreation at its best! In 2010, Hurricane finished completing a state-of-the-art Community Center that has one of the largest Parks and Recreation Departments in the area. Head to the center to workout in the fitness studio or to perfect your jump shot on the basketball court. The Hurricane Valley Theatrical Company offers performances throughout the year, which excite local residents who have a flair for drama and the arts.
Affordable rent! Instead of purchasing a home right after moving to Hurricane, many are opting to look at rent to own properties. Currently, the median rent price in Hurricane is $1,100, while the rest of the state is much more costly at $1,350. Snag a deal on a great rental in a neighborhood like N Belair or Grouse Drive.
Capitalize on price cuts! The fact that 32.8 percent of homes for sale in Hurricane have had a price cut shows that sellers are willing to negotiate. Make an offer below asking price and there's a good chance you'll score a great buy on a home in a community like Partridge Drive or North State Street.