Rent to own Homes in Fountain Hills, AZ
Fountain Hills is a town that's located in the Phoenix metropolitan area, just north of Scottsdale. It gets its name from the main centerpiece in the town - a fountain that happens to be the fourth tallest in the world. Of course, that's only a small glimpse of what this town has to offer its approximately 22,000 residents. Once you find out more about it, you'll see why it has been named one of the fastest growing Arizona towns in recent years.
Fountain Hills, AZ is a great place for affordable rent-to-own homes! With a median household income of over $87,080 and a median rent of $1,444, the Fountain Hills, 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 Fountain Hills, 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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Rent to own Homes in Cities Near Fountain Hills, AZ
Neighborhoods in Fountain Hills, AZ
Crestview At Fountain Hills rent to own homes Diamante Del Lago rent to own homes Eagle Mountain rent to own homes Eagle Ridge North rent to own homes Eagles Nest rent to own homes Firerock rent to own homes Golden Eagle Estates rent to own homes Sunridge Canyon rent to own homes Westridge Village rent to own homesBuying a Home in Fountain Hills, AZ
Fountain Hills, AZ is seeing rapid growth and Fountain Hills, AZ's' housing market remains not optimal with an average home price that is 88% above the 2023 national average. Fountain Hills, AZ is part of Maricopa 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 2023 for county Maricopa is 0.59% which is below the national average, which is 0.99%.
Median Home Price in Fountain Hills, AZ
Median Rent in Fountain Hills, AZ
5 Reasons to Move to Fountain Hills, AZ
Lots of available housing! When you start looking for a home in Fountain Hills, you shouldn't have much trouble, because the vacancy rate is about 21%. That's nearly double the average for this country, so you should have your pick of homes for sale, rent, and rent to own. You'll find the most affordable homes near the eastern edge of the city, around East Grande Boulevard and North El Pueblo Boulevard. There are also reasonably priced homes around North Fountain Hills Boulevard and East Palisades Boulevard.
Outdoor fun! The main attraction here is Fountain Park, which features a lake with a fountain that sprays water into the air every hour. Just down the street is SunRidge Canyon Golf Club if you want to play a round of golf.
Fun events! The locals here like to get together every once in a while for an event that welcomes the whole community. The Fountain Hills Great Fair occurs every February for three days. There is also the Fountain Hills Festival of Arts and Crafts every November, which also celebrates local artwork. And in the winter holiday season, you can check out tons of lights during the Stroll in the Glow event.
Affordable property taxes! When you become a homeowner, you have to worry about paying property taxes. When you buy in Fountain Hills, you can rest assured that this expense will be low, at just $8 for every $1000 of home value. This should ease your mind as you search for homes here. If you want to live near a golf course, check out homes around Sunridge Drive and Desert Canyon Drive. If you prefer to live near the major park here, stick to North Saguaro Boulevard and East El Lago Boulevard.
Places to eat! This town has a range of restaurants, from casual eateries to elegant places to get dinner. For a classy day or night out, check out Vu Bistro or Alchemy at Copperwynd. For a more casual meal, head to Bruno's Sports Bar and Grill or All American Sports Grill.