Rent to own Homes in Kingman, AZ
Kingman is home to about 28,000 people who happen to live in a very conveniently located city. It's just three hours from Phoenix, an hour and a half from Las Vegas, and less than an hour from the California border. Of course, most residents are content to stay in town to enjoy the many parks, pools and stores in this western Arizona city.
Kingman, AZ is a great place for affordable rent-to-own homes! With a median household income of over $51,081 and a median rent of $883, the Kingman, 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 Kingman, 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 Kingman, AZ
Neighborhoods in Kingman, AZ
Kingman Commercial Historic District rent to own homes Downtown Kingman rent to own homes Hilltop Country Club rent to own homes East Kingman Hualapai Mountain Road rent to own homes Centennial Park Canyon Shadows rent to own homesPopular Zip Codes in Kingman, AZ
86402 rent to own homesBuying a Home in Kingman, AZ
Kingman, AZ is seeing rapid growth and Kingman, AZ's' housing market remains optimal with an average home price that is -25% below the 2024 national average. Kingman, AZ is part of Mohave 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 Mohave is 0.54% which is below the national average, which is 0.99%.
Median Home Price in Kingman, AZ
Median Rent in Kingman, AZ
Top 6 Reasons to Live in Kingman, AZ
Inexpensive homes! If you're looking to find a home for sale here, your budget doesn't have to be big. The median home price is about $98,000, which is a little over half the national average. You can find plenty of homes for sale or rent to own in areas like East Andy Devine Avenue and Airway Avenue or Lucille Avenue and Stockton Hill Road.
Plenty of parks and pools! For those sunny days when you can't resist getting outside, check out Centennial Park. It has soccer fields, basketball courts, tennis courts, and even a swimming pool. You can also go swimming at Grandview Pool, which features a small slide and a wading pool.
Fun things to do! If you want to find something to do outside that doesn't involve swimming or hiking around a park, how about golf? You can play a round at the beautiful Cerbat Cliffs Golf Course. For those days when you would rather stay inside, check out a movie at Brenden Kingman 4 Theatres. Clearly, you don't have to leave this city to keep boredom at bay.
Lots of homes available! The vacancy rate here is about 15%, which is a little higher than average. This means you should have no problem finding a house for sale or rent in this city. Look near major roads like Eastem Street and Pasadena Avenue or Southern Avenue and North Central Street.
Tons of restaurants! When you get hungry in Kingman, you'll be pleased to know there is a mixture of eateries to choose from. Grandpa's Kitchen serves breakfast and lunch, while Vito's Italian Cuisine is perfect for dinnertime. There are also Oyster's Mexican and Seafood, Roadrunner Cafe, and Bangkok Thai Cuisine, to name just a few.
Great shopping! For a fairly small city, Kingman sure has a lot of shops to choose from. You can stick to the major stores by going to JCPenney, rue21, Big Lots, Staples or Barnes and Noble. If you prefer to check out more unique, local shops, head to 5th Street Books, Boston Antique or Spenster. You're sure to see your neighbors while you're out shopping at these local favorites!