Rent to own Homes in Ajo, AZ
Ajo, AZ is a great place for affordable rent-to-own homes! With a median household income of over $41,032 and a median rent of $867, the Ajo, AZ 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 Ajo, AZ. 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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Neighborhoods in Ajo, AZ
Ajo Heights rent to own homes Ajo Terrace rent to own homes Ajo Townsite rent to own homes Cameron Place rent to own homes Highland rent to own homes New Cornelia rent to own homesPopular Zip Codes in Ajo, AZ
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Ajo, AZ is seeing rapid growth and Ajo, AZ's' housing market remains optimal with an average home price that is -54% below the 2024 national average. Ajo, AZ is part of Pima 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 Pima is 0.81% which is below the national average, which is 0.99%.