Rent to own Homes in Lehi, UT
Shopping: Shopping opportunities abound in Lehi. From the Outlets at Traverse Mountain, which are located on Cabela's Boulevard, to the Cotton on University Mall, located in nearby Orem, you are sure to find whatever items you may be seeking. Some chain stores, such as Family Dollar and Wal-Mart are also available.
Lehi, UT is a great place for affordable rent-to-own homes! With a median household income of over $101,429 and a median rent of $1,510, the Lehi, 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 Lehi, 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 Lehi, UT Property Resources
Rent to own Homes in Cities Near Lehi, 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 Lehi, UT
Lehi Main Street Historic District rent to own homes Thanksgiving rent to own homesPopular Zip Codes in Lehi, UT
84043 rent to own homesBuying a Home in Lehi, UT
Lehi, UT is seeing rapid growth and Lehi, UT's' housing market remains not optimal with an average home price that is 74% above the 2024 national average. Lehi, 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 Lehi, UT
Median Rent in Lehi, UT
Top 10 Reasons to Live in Lehi
Dining: Dining is a great reason to come to the Lehi area. Tepanyaki Japanese Steak at North 850 East, Cafe Zupas on West Main Street, and the Tower Deli at Thanksgiving Point on North Thanksgiving Way all offer great options for enjoying the foods of the area.
Rentals: Cresthaven, located on N. Traverse Mountain Boulevard, and Mayflower Harbor located on North 3250 West, are two of the nicest apartment complexes in the area. Consider homes here if you're looking for a new one to rent or rent to own! If you're going to rent, expect to pay about $617 per month for a studio apartment.
Weather: The average weather in Lehi is quite exceptional. Greens Park is a nice place to spend summers, and the Tulip Festival is a great kickoff to the spring. Each season here has a definitive change, but each season is quite mild. Winters range from 17 to 37 degrees and summers range from 56 degrees to 91 degrees each day. Want to look for rent to own homes in this great climate? You can do it. About 20% of homes in the area are rented.
History: Lehi has quite an intriguing history. This city was originally designed and settled in 1850 by those that pioneered the Mormon religion. Situated between Provo and Salt Lake City, Lehi has some interesting places to learn about the town's history: the Hutchings Museum and Museum of Ancient Life.
Great nightlife: Nightlife abounds in this part of Utah! If you want to have fun after the sun goes down, you'll definitely be able to do it. Scorez Sports Bar is a great place to watch the game, while Lokals is a great place to eat a burger, drink a beer and relax with friends.
Parks: Greens Park, Gateway Park and Bandwagon Park all offer various amenities for those looking for a day away from the city. Although situated in the city, each of these parks have a quaint feeling that allows you to experience the beautiful outdoor surroundings.
Nearby cities: Orem, Provo and Draper are all cities within 19 miles of the center of Lehi. This close proximity to other cities means better accessibility to jobs and other amenities. The highways that go through Lehi are Interstate 15 and the Mountain View Corridor. Want to look for homes in Lehi proper? You can do it, but look hard! Only 5% of homes in this town are rented.
Famous People: J. Leslie Broadbent and Eldred G. Smith are two famous people who have hailed from Lehi, Utah. J. Leslie Broadbent is best known for being the son of a Lehi mayor. Eldred G. Smith lived to the ripe age of 106 years old.
Annual Events: The Tulip Festival and the Scottish Days and Highland Games events are two of the most popular annual events within the Lehi, Utah area. To enjoy these festivals close to home, consider buying in town. About 75% of people own their homes in town.