Rent to own Homes in Springdale, AR
These days, Springdale, Arkansas, is on everyone's radar. Twice the city won acclaim as the best place in Arkansas to raise children. The Council for Community and Economic Research named Springdale one of America's 10 most affordable cities. The business magazine, Forbes, ranks Springdale as 28th in the nation for business and careers. Among mid-size cities, NewGeography.com named Springdale the third best for job growth. The city, first named Shiloh, was founded in 1838. The town then incorporated in 1878 as Springdale. Today it is one of the fastest growing municipalities in Arkansas. According to the United States Census Bureau, the city has more than 73,000 residents, and its schools, health care, and local economy are excellent.
Springdale, AR is a great place for affordable rent-to-own homes! With a median household income of over $51,868 and a median rent of $782, the Springdale, AR 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 Springdale, AR. 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 Springdale, AR Property Resources
Rent to own Homes in Cities Near Springdale, AR
- Avoca
- Bella Vista
- Bentonville
- Bethel Heights
- Cave Springs
- Centerton
- Decatur
- Elkins
- Elm Springs
- Farmington
- Fayetteville
- Garfield
- Gateway
- Gentry
- Goshen
- Gravette
- Greenland
- Highfill
- Hindsville
- Hiwasse
- Jane
- Johnson
- Little Flock
- Lost Bridge Village
- Lowell
- Pea Ridge
- Pineville
- Powell
- Prairie Creek
- Prairie Grove
- Rocky Comfort
- Rogers
- Seligman
- Siloam Springs
- Springdale
- Springtown
- Sulphur Springs
- Tontitown
- Washburn
- Wesley
- West Fork
Neighborhoods in Springdale, AR
Har Ber Meadows rent to own homes Springdale rent to own homes Shiloh Historic District rent to own homes Peaceful Valley Estates rent to own homes Bethel Heights rent to own homes Downtown Springdale rent to own homes Shady Grove rent to own homesPopular Zip Codes in Springdale, AR
72765 rent to own homesBuying a Home in Springdale, AR
Springdale, AR is seeing rapid growth and Springdale, AR's' housing market remains optimal with an average home price that is -26% below the 2024 national average. Springdale, AR 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 0.59% which is below the national average, which is 0.99%.
Median Home Price in Springdale, AR
Median Rent in Springdale, AR
Top Reasons to Live in Springdale AR
Housing Statistics There are 17,033 housing units in Springdale, Arkansas. Of them, owners or renters occupy 16,218. Renters lease 6,368 housing units and owners occupy 8,615 homes. The average median rent for 2011 was $505. The average median value of a home in Springdale as reported in 2011 is $123,700. In 2000, that value was $86,500. There are 78 homes listed as rent to own properties in Springdale.
Weather and Climate Springdale has a moderate climate and enjoys all four seasons. It is a little wetter than the average city as it gets 45 inches of rain per year. Cities in the United States average 37 inches. Springdale only gets 9 inches of snow per year, while the average city gets about 25 inches. There are 97 days with measurable precipitation per year. Springdale averages 215 sun-filled days per year. In July, the high is about 90 degrees F. The low temperature averages 26 degrees F in January. According to the US Weather Service Comfort Index, Springdale scores 33 on a scale to 100. The higher the score is the more comfortable the climate. The US average on the comfort scale is 44.
Local Shopping
Ozark Center Point Place 5320 W Sunset Ave, Springdale, AR 72762
Downtown Springdale Downtown Springdale is Springdale's Historic Business District. Store and restaurants line downtown Emma Avenue. Stores here have wonderful goods, many of which are locally made. Boutique shops sell apparel and fine clothing for women, men, and children. There are a number of antique shops as well as some of the city's finest restaurants.
Northwest Arkansas Mall This is the newest mall to open in Springdale and it is on the southern edge of the city on U.S. 71B. The mall has many familiar stores and is climate controlled.
Springdale Neighborhoods Springdale has several neighborhoods that you should know about: