Rent to own Homes in Pasco, WA
The great outdoors! Countless waterfront parks dot the north bank of the Columbia River. Take an evening run in Wade Park or spend the weekend exploring the river via the Chiawana Park boat launch.
Pasco, WA is a great place for affordable rent-to-own homes! With a median household income of over $64,756 and a median rent of $927, the Pasco, WA 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 Pasco, WA. 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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Riverside rent to own homes Sylvester Park rent to own homes Village At Pasco Heights rent to own homes Loviisa Farms rent to own homes Columbian East rent to own homes Island Estates rent to own homesPopular Zip Codes in Pasco, WA
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Pasco, WA is seeing rapid growth and Pasco, WA's' housing market remains not optimal with an average home price that is 2% above the 2024 national average. Pasco, WA is part of Franklin 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 Franklin is 1.15% which is above the national average, which is 0.99%.
Median Home Price in Pasco, WA
Median Rent in Pasco, WA
Top 14 Reasons to Live in Pasco, WA
The rich history! Pasco is home to part of the Sacagawea Heritage Trail, a recreational hiking loop in the Tri-Cities area. Visit the Sacajawea Interpretive Center to learn more about the Lewis and Clark expedition. If locomotives and bridges are more your thing, check out the Franklin County Historical Society and Museum.
Rising property value! Homes in Pasco are currently seeing a 4.8% rise in value from last year, with a similar forecast for the next 12 months. The median list price per square foot in Pasco is $103, lower than neighboring Kennewick at $117. Rent to own arrangements are a good investment option.
Great connectivity! Pasco is home to the Tri-Cities Airport, which has direct flights to Seattle, LA, Phoenix, San Francisco and other major US cities. Train connections are also convenient, with the Pasco Intermodal Train Station serving Amtrak's Empire Builder, making Pasco a good location for commuters -- 6.3% already do.
Gastronomic delights! Taco trucks are practically a Pasco mainstay, but not all are made equal. Head to Taqueria La Suerte Taco Truck on W Court Street and 24th Avenue and ask for Al Pastor. If you prefer Asian food, then head down West Court Street for Rice and Noodles.
Growing rentals! Rent to own homes in Pasco have more attractive valuations than neighboring cities. The average rent list price in Pasco has been slowly rising since Mar 2013, with a median of $1,164 per month. In contrast, neighboring Kennewick's rent list price has gone down within the same period, from $1,304 to $1,192. This underscores the area's growing property value.
Hot stuff! The Fiery Foods Festival is back in Pasco, featuring all the spices you can imagine. This annual event draws in vendors who will definitely heat up your early autumn. Watch out for stalls like The Red Hot Green Chile Place and Rudy's Pepper Blend.
Farm fresh produce! Love greens? Pasco Farmers' Market - open Wednesdays and Saturdays from May to October - is the answer. Take a morning stroll around downtown Pasco between South 4th Avenue and West Columbia Street, and you'll be met with friendly vendors with fabulous fresh picks. While you're in the area, pop into Viera's Bakery from some yummy eats.
Great home ownership opportunities! With lower home ownership costs and higher affordability, getting a home in Pasco is relatively easy. Median monthly homeowner costs are at $1,264, compared to neighboring Richland at $1,478 per month. There is the option of getting rent to own houses to help manage your cash flow.
Local wineries! The region has started to play a big part in Washington State's growing wine industry. An afternoon drive towards Gordon Brothers Cellars or Kamiak Vineyards near Levy Park will reward you with views of Snake River - and good wine, of course.
Community activities! The city of Pasco's Park and Recreation group organizes numerous activities and events for all ages. Drop by Dance Connection at Kennewick Ave. for some hip hop or ballet, or try your hand at carving with Basin Wood Carvers.
Sports and fitness! The City has basketball, softball and volleyball leagues that train throughout the year. Not competitive? Join one of the drop-in programs; there's indoor soccer weeknights at the Martin Luther King Center and basketball and racquetball Monday-Thursday nights at Pasco High School.
Public amenities! Memorial Park has something for everyone -- sports fields, a covered pavilion, a 50-meter lap pool plus a leisure pool. This park is more than enough reason to move to Pasco.
Safe neighborhoods! The crime rate continues to fall in Pasco. The crime rate of 27 victims per 1000 population is significantly lower than the Washington State average of 39.5.