Rent to own Homes in Glendale, AZ
Back in the 1800s, Glendale was located in the middle of nowhere. It was just a town in the desert, and the land was initially considered worthless when it was sold to a New Yorker in exchange for him developing the 40-mile Arizona Canal. Eventually, though, Glendale became a temperance colony that attracted settlers from all around. Today, Glendale is a long way from those desert beginnings. As a major suburb of Phoenix, it's home to 226,000 people and its population has grown by 5.42 percent since 2000. There are a lot of good reasons that so many people are flocking to Glendale and the greater Phoenix area. Anyone who is sick of the long winters in the Northern part of the country is happy to discover that winter is completely non-existent in this area. The economy remained strong even throughout the recession of 2008. Although the rapid job growth that the area experienced in the 1990s and early 2000s did eventually level off, the area hasn't experienced the same devastation of its job market that some parts of the country did.
Glendale, AZ is a great place for affordable rent-to-own homes! With a median household income of over $56,991 and a median rent of $1,051, the Glendale, 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 Glendale, 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.
More Glendale, AZ Property Resources
Rent to own Homes in Cities Near Glendale, AZ
Neighborhoods in Glendale, AZ
Patrick Ranch HOA rent to own homes Hillcrest Ranch Homeowners rent to own homes Arrowhead Ranch rent to own homes Lexington Place rent to own homes Manistee Ranch HOA rent to own homes Marshall Ranch HOA rent to own homes Oakhollow HOA rent to own homes Bell/Greenway Neighborhood rent to own homes Brandywine Estates rent to own homes Coventry Estates rent to own homesBuying a Home in Glendale, AZ
Glendale, AZ is seeing rapid growth and Glendale, AZ's' housing market remains not optimal with an average home price that is 6% above the 2024 national average. Glendale, 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 2024 for county Maricopa is 0.59% which is below the national average, which is 0.99%.
Median Home Price in Glendale, AZ
Median Rent in Glendale, AZ
Top Reasons to Live in Glendale AZ
Housing Statistics The housing market is another major positive factor about Glendale. Like most of the metro Phoenix area, Glendale has a very affordable housing stock. The median home cost is $110,100, significantly cheaper than the national average. A slightly lower percentage of the homes in Glendale are owner-occupied than average, at 51.23 percent. 36.19 percent of the apartments and homes in Glendale are renter occupied. An additional 12.59 percent of the apartments and homes are vacant, which is higher than average. This higher-than-normal proportion of both rented and vacant housing is great news if you're looking for a place to rent because it means that you have a lot more to pick from. Apartment complexes in Glendale span the range from inexpensive and functional to upscale and luxurious. Renting an apartment is a good option if you don't want to have to do a lot of maintenance. But if you want a little more space to stretch out - and to avoid the noise and headache of neighbors above or below you - renting a house may be a great choice. A rent to own house allows you to get established in a community while easing into the costs of ownership.
School Systems One of the most important factors in choosing where to live is the quality of the local school system, and Glendale has a wide variety of excellent school systems worth considering. In general, the northern part of Glendale has the newest construction and is reputed to be the best part of the city. Some of the school districts you may want to consider include Glendale Union High School District, Glendale Elementary District, Deer Valley Unified District, and Dysart Unified District.
Arts & Culture Every February, Glendale hosts the Glendale Chocolate Festival, and who could resist a delicious outing like that? The city also decorates downtown Glendale with lights every December for the Christmas holiday for the Glendale Glitters celebration. Music fans will also appreciate the annual Glendale Jazz and Blues Festival.
Local Shopping Historic Downtown Glenadale was named one of the top 10 shopping destinations in the country by USA Today. The mall spans about 10 blocks, is completely walkable, and a beautiful outdoor shopping destination, largely lined with white picket fences.
Nightlife Glendale also has a long list of bars and nightclubs. Jus' Country is a dance club that appeals to the many country music fans in the area. Sports fans will find a welcome at Cheers Tavern, and you can enjoy a beer and a meal at a variety of venues like McFadden's Glendale, Coyote Alley and the O2 Lounge.