Rent to own Homes in Peoria, AZ

Listed in the "Top 100 Places to Live" in a 2008 edition of Money magazine, Peoria - which is northwest of Phoenix - is home to the second largest lake in the state of Arizona. The Lake Pleasant Regional Park in Peoria boasts two marinas and numerous recreational outdoor activities. Historical museums, fine art galleries, and unique attractions, including the Challenger Space Center, make Peoria the incredible city that it is. Performing arts venues - such as the Theater Works and the Arizona Broadway Theater - are located in central Peoria and are considered the hub of the city's colorful cultural scene.

Peoria, AZ is a great place for affordable rent-to-own homes! With a median household income of over $76,423 and a median rent of $1,340, the Peoria, 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 Peoria, 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.

Check out Peoria, AZ rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
9933 W RIVIERA DR
Rent To Own
Sun City
Single Family Home
Sun City, AZ 85351
2
1
1108 ft2
1963
13368 W DESERT LN
Rent To Own
Dave Brown At West Point
Single Family Home
Surprise, AZ 85374
3
2
1640 ft2
1999
10301 W CHARTER OAK DR
Rent To Own
Sun City
Single Family Home
Sun City, AZ 85351
2
2
1299 ft2
1971
New
19634 N CAMINO DEL SOL Branch
Rent To Own
Sun City West
Single Family Home
Sun City West, AZ 85375
1
1
1 ft2
1978
16033 N 68TH AVE,
Rent To Own
Sahuaro
Single Family Home
Peoria, AR 85382
5
3
1680 ft2
1978
16043 W Peak View Rd
Rent To Own
 
Single Family Home
Surprise, AZ 85387
3
3
2290 ft2
1985
8344 W CORRINE DR
Rent To Own
Cobblestone Village
Single Family Home
Peoria, AZ 85381
4
2
1397 ft2
1985
10148 W LAWRENCE LN
Rent To Own
Pine
Single Family Home
Peoria, AZ 85345
4
2
2006 ft2
2017
19305 N 78TH AVE
Rent To Own
Arrowhead Ranch
Single Family Home
Glendale, AZ 85308
4
3
2686 ft2
1993
16011 N 67TH AVE,
Rent To Own
Sahuaro
Single Family Home
Glendale, AZ 85306
4
2
14049 ft2
1971
4942 W SHANGRI LA RD
Rent To Own
Glendale
Single Family Home
Glendale, AZ 85304
4
2
2007 ft2
1974
4814 W LARKSPUR DR
Rent To Own
 
Single Family Home
Glendale, AZ 85304
3
2
1680 ft2
1975
4424 N 70TH AVE
Rent To Own
 
Single Family Home
Phoenix, AZ 85033
3
1
0 ft2
1974
24403 N 43RD DR
Rent To Own
 
Single Family Home
Glendale, AZ 85310
3
2
2260 ft2
2002
Hot
8738 W INDIANOLA AVE
Rent To Own
 
Single Family Home
Phoenix, AZ 85037
3
2
1228 ft2
1988
3840 N. 43RD AVE #59,
Rent To Own
 
Single Family Home
Phoenix, AR 85023
3
2
7500 ft2
1975
5137 W BERKELEY RD
Rent To Own
Wedgewood Park
Single Family Home
Phoenix, AZ 85035
3
2
1814 ft2
1977
11025 W WASHINGTON ST
Rent To Own
Avondale
Single Family Home
Avondale, AZ 85323
4
3
2911 ft2
2005
1605 W WINTER DR
Rent To Own
 
Single Family Home
Phoenix, AZ 85021
4
3
3380 ft2
2006
7710 N 3RD AVE
Rent To Own
 
Single Family Home
Phoenix, AZ 85021
3
2
2328 ft2
1944
1107 W OSBORN RD #208
Rent To Own
 
Townhouse/Condo
Phoenix, AZ 85013
1
1
845 ft2
1950
3829 N 4TH ST
Rent To Own
 
Single Family Home
Phoenix, AZ 85012
4
2
1545 ft2
1900
1313 E RUTH AVE
Rent To Own
 
Single Family Home
Phoenix, AZ 85020
3
2
1260 ft2
1960
6101 N 13TH PL
Rent To Own
 
Single Family Home
Phoenix, AZ 85014
3
2
2205 ft2
1959
7845 N 17TH ST
Rent To Own
 
Single Family Home
Phoenix, AZ 85020
3
3
3337 ft2
1972
New
2201 E SHEA BLVD
Rent To Own
 
Single Family Home
Phoenix, AZ 85028
4
3
2 ft2
1979
2706 E DAHLIA DR
Rent To Own
 
Single Family Home
Phoenix, AZ 85032
3
2
1740 ft2
1972
4821 S 5TH AVE
Rent To Own
 
Single Family Home
Phoenix, AZ 85041
4
3
1676 ft2
2008
13406 N 36TH PL
Rent To Own
Southern East
Single Family Home
Phoenix, AZ 85032
4
2
1420 ft2
1972
3820 E SWEETWATER AVE
Rent To Own
 
Single Family Home
Phoenix, AZ 85032
3
2
1545 ft2
1973
5324 N 37TH PL
Rent To Own
 
Single Family Home
Paradise Valley, AZ 85253
4
5
5169 ft2
2008
Hot
2816 N 33RD PL
Rent To Own
 
Single Family Home
Phoenix, AZ 85008
3
3
1918 ft2
1950
1 of 22 1618 N. 32nd St.
Rent To Own
 
Multifamily (2 - 4 Units)
Phoenix, AZ 85207
2
2
1020 ft2
1983
3536 E OAK ST
Rent To Own
 
Single Family Home
Phoenix, AZ 85008
4
2
1850 ft2
1952
4650 E VIA DONA RD
Rent To Own
Tatum Ranch
Single Family Home
Cave Creek, AZ 85331
3
2
1743 ft2
1995
25591 W ST CATHERINE AVE
Rent To Own
Central Buckeye
Single Family Home
Buckeye, AZ 85326
4
2
1862 ft2
2006
4646 E OAK ST
Rent To Own
 
Single Family Home
Phoenix, AZ 85008
3
3
1444 ft2
1957
5350 E DEER VALLEY DR #2273
Rent To Own
Desert Ridge
Townhouse/Condo
Phoenix, AZ 85054
2
2
1246 ft2
2010
4208 E SAINT CATHERINE AVE
Rent To Own
 
Single Family Home
Phoenix, AZ 85042
3
2
1274 ft2
1973
3514 N APACHE WAY
Rent To Own
Southwest Village
Single Family Home
Scottsdale, AZ 85251
5
5
3500 ft2
2022
13613 N 76TH ST
Rent To Own
Paradise Valley Ranchos
Single Family Home
Scottsdale, AZ 85260
5
5
4155 ft2
2019
29251 N HAYDEN RD
Rent To Own
 
Single Family Home
Scottsdale, AZ 85266
4
2
3447 ft2
1973
7690 N VIA DE PLATINA
Rent To Own
McCormick Ranch
Townhouse/Condo
Scottsdale, AZ 85258
2
2
1890 ft2
1979
8512 E VIA DE LA ESCUELA
Rent To Own
McCormick Ranch
Single Family Home
Scottsdale, AZ 85258
3
3
2270 ft2
1977
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Buying a Home in Peoria, AZ

Peoria, AZ is seeing rapid growth and Peoria, AZ's' housing market remains not optimal with an average home price that is 30% above the 2024 national average. Peoria, 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 Peoria, AZ

Median Rent in Peoria, AZ

Rent to own homes offer low monthly payments and flexible terms.

Top Reasons to Live in Peoria AZ

Housing Statistics Peoria real estate is some of the most expensive in the state of Arizona, although the house values here are lower than the real estate rates in the rest of the country. The median home sales price for the period of January to March 2013 was $188,450 in Peoria, while the average house sale price was found to be $214,219. This statistic was tabulated from the total number of homes sold in this period in the community, which was 434. With an annual residential turnover rate of 14.33%, a large proportion of houses in Peoria are owner occupied. This percentage stands at 65.33%. The percentage of renter-occupied houses stands at 23.31%, while vacant housing units account for 11.36% of the homes in this city.

Local Sports Peoria is a sports lover's paradise, with convenient access to several major sports venues in the state. It has one of the nation's best facilities for spring training baseball. In fact, the Peoria Sports Complex is where both the Seattle Mariners and the San Diego Padres go every spring. Other professional teams that are based in Peoria include the baseball team Arizona Diamondbacks, as well as the Arizona Cardinals, which is the state's football team. Local basketball teams in this state include the Phoenix Mercury and Phoenix Suns, and the ice hockey team here is called the Phoenix Coyotes. Additionally Peoria has several golf courses spread through the area, and they are very popular with golfing enthusiasts.

Local Events and Festivals Peoria has a variety of community events and activities that are popular with both locals and visiting tourists. From events that usher in the start of spring training to festivals that celebrate local holiday traditions with pomp, Peoria is a vibrant place to be. The Dolly Sanchez Memorial Easter Egg Hunt, celebrated just before Easter, is an event that features pony rides, carnival games, train rides and scavenger hunts. The city also hosts an All American Festival on the 4th of July every year. Complete with concerts, games, and rides, the highlights of the event include a hot dog eating competition and a fireworks display. During the fall season, the Halloween Monster Bash takes center stage. With its parade, a host of carnival games, a fright zone and a haunted house, this event is widely attended. The Old Town Holiday Festival that takes place in winter features caroling, cookie decorating, wagon rides, and the ever popular visit from Santa.

Neighborhood Guide Peoria has plenty of neighborhoods that are considered family friendly, in addition to some that are ideal for young adults and retirees alike. Take a look at just a few of the options here.