Rent to own Homes in Nogales, AZ
A city with a modest population in Arizona, Nogales is known for being a gateway between two cultures, thanks to its border location near Mexico. While initially most notable for the walnut trees that grew throughout the area, Nogales is now better known for offering both Mexican and American culture with various restaurants and thriving businesses.
Nogales, AZ is a great place for affordable rent-to-own homes! With a median household income of over $29,043 and a median rent of $571, the Nogales, 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 Nogales, 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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Nogales, AZ is seeing rapid growth and Nogales, AZ's' housing market remains optimal with an average home price that is -43% below the 2024 national average. Nogales, AZ is part of Santa Cruz 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 Santa Cruz is 0.76% which is below the national average, which is 0.99%.
Median Home Price in Nogales, AZ
Median Rent in Nogales, AZ
Top Reasons to Live in Nogales, AZ
A wide variety of restaurants. Whether you've got a craving for authentic Mexican food or the classic American staples, there's no shortage of restaurants to choose from in Nogales. You can try authentic Cabeza tacos over at Cocina La Ley or eat a great steak at Mr C's Supper Club.
Sights to see. Thanks to the rich culture in Nogales, there are a variety of different sights to see. Whether it be viewing art at the Pimeria Alta Historical Society Museum or looking at the San Rafael Valley, there's no shortage of things to view.
Great for outdoor enthusiasts. Fans of the outdoors will feel right at home in Nogales. With a variety of different outdoor activities, you can stay active in a multitude of ways. You can go bird-watching at the Southeastern Bird Observatory or explore the biking trails at Santa Rita Mountains.
Perfect for history buffs. Fans of history will feel right at home in Nogales. With a rich and varied history apparent through every aspect of Nogales, there's lots of things to see. You can go to the Tumacacori National Historical Park or even visit the Pimeria Alta Historical Society Museum.
Lots of events to attend. Nogales is known for being a city that features lots of annual events. Whether it be the Nogales Hometown Music Festival or the annual Nogales Water Festival, you could go to a different event every night of the week.
Great home appreciation rates. The median house value in Nogales has risen more than $19,000 over the past decade, making it a great fit for prospective property owners. In addition prospective homeowners will enjoy the fact that homes are within walking distance of stores such as La Bodega Furniture Store and Walmart.
Lots of properties to choose from. With housing options that range from mobile homes, occupied boats all the way to traditional housing units, there's a lot for prospective home owners to choose from. Even better is that rent to own homes in Nogales are particularly attractive due to their convenient distance to various restaurants. Without having to travel far, you can visit places such as the Las Vigas Steak Ranch and Cafe Kino.