Rent to own Homes in Spanaway, WA

Spanaway's main thoroughfare is Pacific Avenue, and many people equate "Pacific" with "Ocean." While residents do have access to open water and all the recreational opportunities it brings, it's not saltwater; the city owes its very existence to Spanaway Lake. Spanaway founder Henry de la Bushalier chose present-day Spanaway to settle because he wanted to be near water. Residents enjoy the best of both worlds; the lake and proximity to Mount Rainier National Park.

Spanaway, WA is a great place for affordable rent-to-own homes! With a median household income of over $76,447 and a median rent of $1,378, the Spanaway, 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 Spanaway, 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.

Check out Spanaway, WA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
10430 PATTERSON ST S
Rent To Own
 
Single Family Home
Tacoma, WA 98444
1
1
520 ft2
1943
6124 PIONEER WAY E
Rent To Own
Waller
Single Family Home
Puyallup, WA 98371
3
3
1708 ft2
1966
Hot
1 of 2 4043 WONDERWOOD LN SE
Rent To Own
Horizons
Single Family Home
Lacey, WA 98503
3
3
1716 ft2
2001
15346 SE MAY VALLEY RD
Rent To Own
 
Single Family Home
Renton, WA 98059
3
2
1100 ft2
1912
New
3445 134TH AVE NE
Rent To Own
Bridle Trails
Single Family Home
Bellevue, WA 98005
4
3
4040 ft2
2006
New
16308 9TH AVE E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
5
3
2976 ft2
2022
1304 153RD ST S
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
4
3
2300 ft2
1975
2314 158TH STREET CT E
Rent to Own Eligible
 
Single Family Home
Tacoma, WA 98445
3
2
1482 ft2
2023
20410 7TH AVENUE CT E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
3
2
1128 ft2
2010
824 163RD STREET CT E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
5
3
2900 ft2
2022
16408 8TH AVE E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
5
3
2976 ft2
2022
523 160TH ST E
Rent to Own Eligible
 
Single Family Home
Tacoma, WA 98445
3
2
1858 ft2
1985
New
17303 SPANAWAY LOOP RD S #9
Rent to Own Eligible
 
Townhouse/Condo
Spanaway, WA 98387
2
2
1101 ft2
1971
New
2422 155TH STREET CT E
Rent to Own Eligible
 
Single Family Home
Tacoma, WA 98445
4
2
1607 ft2
1971
16402 8TH AVE E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
4
3
2862 ft2
2022
2515 176TH ST E
Rent to Own Eligible
 
Single Family Home
Tacoma, WA 98445
4
1
1879 ft2
1964
New
2301 172ND ST E
Rent to Own Eligible
 
Single Family Home
Tacoma, WA 98445
3
3
1926 ft2
2004
2216 158TH STREET CT E
Rent to Own Eligible
 
Single Family Home
Tacoma, WA 98445
4
3
2456 ft2
2023
New
1710 178TH STREET CT E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
2
2
1712 ft2
2007
16032 SPANAWAY LOOP RD S
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
3
2
1558 ft2
1978
1 of 34 1118 182ND STREET CT E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
3
2
1552 ft2
2002
2412 189TH STREET CT E
Rent to Own Eligible
 
Single Family Home
Tacoma, WA 98445
5
3
2442 ft2
2011
2322 158TH STREET CT E
Rent to Own Eligible
 
Single Family Home
Tacoma, WA 98445
3
2
1676 ft2
2023
New
18825 23RD AVENUE CT E
Rent to Own Eligible
 
Single Family Home
Tacoma, WA 98445
5
3
2376 ft2
2013
17001 17TH AVENUE CT E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
3
2
1056 ft2
1987
17026 6TH AVENUE CT S
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
4
1
1664 ft2
1967
New
14814 18TH AVENUE CT S
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
3
3
1676 ft2
1989
New
18424 18TH AVE E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
3
2
1945 ft2
2014
New
14707 15TH AVE S
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
3
3
1975 ft2
1989
New
17606 26TH AVE E #3
Rent to Own Eligible
 
Townhouse/Condo
Tacoma, WA 98445
3
3
1394 ft2
2005
New
1702 165TH STREET CT E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
4
2
1508 ft2
1969
1226 201ST STREET CT E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
3
3
1778 ft2
1999
21516 MOUNTAIN HWY E
Rent to Own Eligible
 
Townhouse/Condo
Spanaway, WA 98387
5
2
2673 ft2
1945
20315 22ND AVE E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
2
1
1688 ft2
1900
New
14711 25TH AVENUE CT E
Rent to Own Eligible
 
Single Family Home
Tacoma, WA 98445
3
2
1578 ft2
1967
New
21310 22ND AVE E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
4
3
1970 ft2
1974
New
19535 19TH AVENUE CT E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
5
3
2944 ft2
2015
New
1005 188TH STREET CT E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
3
2
1176 ft2
1990
1 of 26 244 173RD ST E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
3
2
1437 ft2
1969
16322 8TH AVE E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
4
3
2532 ft2
2022
New
407 189TH STREET CT E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
3
1
1390 ft2
1985
17217 12TH AVE E
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
3
1
1335 ft2
1991
2203 158TH STREET CT E
Rent to Own Eligible
 
Single Family Home
Tacoma, WA 98445
4
3
2476 ft2
2023
1216 LAKE VISTA BLVD S
Rent to Own Eligible
 
Single Family Home
Spanaway, WA 98387
3
2
4354 ft2
1955
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98387 rent to own homes

Buying a Home in Spanaway, WA

Spanaway, WA is seeing rapid growth and Spanaway, WA's' housing market remains not optimal with an average home price that is 26% above the 2024 national average. Spanaway, WA is part of Pierce 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 Pierce is 1.02% which is above the national average, which is 0.99%.

Median Home Price in Spanaway, WA

Median Rent in Spanaway, WA

Rent to own homes offer low monthly payments and flexible terms.

Top 4 Reasons to Live in Spanaway, Washington

Excellent golf! If golf's your game, Classic Golf Club is affordable and challenging. Expect narrow fairways and hilly greens. If you're serious about golf or super competitive, head down the road to Tontarad Golf Academy and Driving Range. Practice your swings or take a private or group golf lesson. When you live in Spanaway, you're within easy reach to scratch your golfing itch.

Huge parks with lots of amenities! One of the hidden jewels of Spanaway is the 135-acre Spanaway Park, an outdoor recreation area that is adjacent to Spanaway Lake. Residents enjoy strolls around the lake, canoeing, fishing and swimming. Many spend days enjoying the covered shelters, large grills, running water and electricity. If you want to brown bag it, head to Pacific Market Deli for fresh sandwich options. The park hosts the biggest drive-through holiday display in the Northwest. The Fantasy Lights event is held Thanksgiving through New Year's Day annually

Excellent housing market! The housing market in Spanaway is in good condition, with home values ranking above state average. The average home here costs about $182,000. Nearly 30% of the homes here are rented. As a buyer, you're in luck; the average sales price has dropped nearly $20,000 in the last several years. On average, buyers are paying much less than the listing price, which is great news if you are looking for a rent to own home. Check out neighborhoods like Wyndham Ranch, Mountain Terrace Estates and Brink Ranch if you want to rent.

Tons of homeowners! About 60% of this community owns a house, which means that you are likely to have long-term neighbors and professionals who will get to know you over the course of several years. Stability in the community also creates more pride in the community, which you'll notice at any of the local events. Home prices appear to be slowly increasing, with a roughly .5% increase over the last quarter, but still remain lower than last year's sales prices. It can be tough to find a house for sale in established communities like Southwind and Country Glen. If you do run across a listing you wish to pursue, act sooner rather than later!