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 300 Peoria, AZ rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 44 of 300
16043 W Peak View Rd
3 Beds, 3 Baths
Rent To Own
 
Single Family Home
Surprise, AZ 85387
2,290 Sqft | Built in 1985
Hot
1 of 33 15819 N 63rd Avenue Glendale
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Glendale, AZ 85306
1,500 Sqft | Built in 1979
1 of 22 1618 N. 32nd St.
2 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Phoenix, AZ 85207
1,020 Sqft | Built in 1983
38500 N School House Rd Unit 38
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Cave Creek, AZ 85331
2,090 Sqft | Built in 2021
1 of 21 8333 E Via Paseo Del Norte -- # 1010
3 Beds, 3.5 Baths
Rent To Own
McCormick Ranch
Townhouse/Condo
Scottsdale, AZ 85258
1,912 Sqft | Built in 2009
1 of 10 17506 West Van Buren Street #239
1 Bed, 1 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
Goodyear, AZ 85338
600 Sqft | Built in 2020
312 W Maryland Ave #308-a
2 Beds, 2 Baths
Rent To Own
 
Single Family Home
Phoenix, AZ 85013
1,296 Sqft | Built in 1973
1 of 55 1448 - 1450 E. Royal Palm Rd
7 Beds, 4.5 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Phoenix, AZ 85020
3,550 Sqft | Built in 1987
Rent to own homes offer low monthly payments and flexible terms
3434 Test St.
4 Beds, 1.5 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
Phoenix, AZ 85014
1,500 Sqft | Built in 1974
1701 East Colter Street Unit 150 Biltmore Square
2 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Phoenix, AZ 85016
790 Sqft | Built in 2003
New
1 of 23 4615 N 22nd St Unit 104
2 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Phoenix, AZ 85016
1,500 Sqft | Built in 1965
1 of 17 2000 South Apache Road Lot 330
3 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Buckeye, AZ 85326
1,120 Sqft | Built in 2000
New
1 of 41 2959 N 68th Pl 113
1 Bed, 1 Bath
Rent To Own
 
Townhouse/Condo
Scottsdale, AZ 85251
770 Sqft | Built in 1984
1 of 29 19777 North 76th Street
3 Beds, 2 Baths
Rent To Own
Greyhawk
Multifamily (2 - 4 Units)
Scottsdale, AZ 85255
1,326 Sqft | Built in 2000
1 of 9 14602 S 41th Pl
3 Beds, 3 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Phoenix, AZ 85044
1,695 Sqft | Built in 1985
New
1 of 44 9708 E Via Linda 1331
2 Beds, 2 Baths
Rent To Own
Scottsdale Ranch
Townhouse/Condo
Scottsdale, AZ 85258
968 Sqft | Built in 1985
2340 E University Dr Lot 107
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Tempe, AZ 85281
720 Sqft | Built in 1971
1 of 31 4515 W. Commonwealth Pl.
4 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Chandler, AZ 85226
1,820 Sqft | Built in 1981
1 of 17 2345 E. Main St. Lot# 61
1 Bed, 1 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
Mesa, AZ 85213
363 Sqft | Built in 2016
2650 W Union Hills Dr #372
2 Beds, 2 Baths
Rent To Own
 
Single Family Home
Phoenix, AZ 85027
1,006 Sqft | Built in 1972
2650 W Union Hills Dr #118
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Phoenix, AZ 85027
910 Sqft | Built in 1971
2701 E Utopia Rd Lot 163
2 Beds, 2 Baths
Rent To Own
 
Single Family Home
Phoenix, AZ 85050
1,344 Sqft | Built in 1982
2609 W Southern Ave #254
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Tempe, AZ 85282
1,152 Sqft | Built in 1979
1 of 3 6717w Mariposa
3 Beds, 1.5 Bath
Auction
 
Single Family Home
Phoenix, AZ 85033
1,020 Sqft
1 of 5 15133 W Campbell Ave
5 Beds, 4 Baths
Auction
Palm Valley
Single Family Home
Goodyear, AZ 85338
3,533 Sqft | Built in 2006
27822 N 204th Way
4 Beds, 2 Baths
Auction
Chaparral Rancheros
Single Family Home
Maricopa County, Wittmann, AZ 85361
2 Sqft
11324 West Primrose Drive
4 Beds, 2.5 Baths
Auction
Garden Lakes
Single Family Home
Avondale, AZ 85323
3,289 Sqft | Built in 1993
21341 W Bob White Way
3 Beds, 2 Baths
Auction
 
Single Family Home
Wittmann, AZ 85361
1,622 Sqft | Built in 2008
2330 W Jake Haven
3 Beds, 3 Baths
Auction
Sonoran Foothills
Single Family Home
Phoenix, AZ 85085
1,519 Sqft | Built in 2005
2nd Lien 6207 N 10th Way
3 Beds, 2.5 Baths
Auction
 
Single Family Home
Phoenix, AZ 85014
2,582 Sqft | Built in 1969
1225 North 36th Street, Unit 1031
2 Beds, 3 Baths
Auction
 
Single Family Home
Phoenix, AZ 85008
1,385 Sqft | Built in 2006
New
707 W. Milada Court
4 Beds, 2.5 Baths
Auction
 
Single Family Home
Phoenix, AZ 85041
2,715 Sqft | Built in 2004
2709 E Fawn Dr
3 Beds, 2 Baths
Auction
 
Single Family Home
Chandler, AZ 85226
1,258 Sqft | Built in 1999
37210 N Tranquil Trl 9
2 Beds, 2 Baths
Auction
Carefree Too
Single Family Home
Carefree, AZ 85377
1,731 Sqft | Built in 1972
4950 N Miller Rd #240
1 Bed, 1 Bath
Auction
 
Single Family Home
Scottsdale, AZ 85251
726 Sqft | Built in 1971
9270 E Mission Ln
2 Beds, 2 Baths
Auction
 
Single Family Home
Scottsdale, AZ 85258
1,006 Sqft | Built in 1983
New
15496 S Rolling Ridge Drive #Lot: 2671
2 Beds, 3 Baths
REO Foreclosure
 
Single Family Home
Mayer, AZ 86333
1,233 Sqft | Built in 1996
New
1367 S Country Club Drive #1225
3 Beds, 2.5 Baths
Auction
 
Single Family Home
Mesa, AZ 85210
1,823 Sqft | Built in 2008
886 W Galveston St 221
2 Beds, 2 Baths
Auction
 
Single Family Home
Chandler, AZ 85225
929 Sqft | Built in 1984
1 of 36 17333 W Rimrock St
Studio
Rent To Own
Surprise Farms
Single Family Home
Surprise, AZ 85388
1,973 Sqft | Built in 2004
New
1 of 25 29275 N 128th Ln
Studio
Rent To Own
Vistancia
Single Family Home
Peoria, AZ 85383
1,587 Sqft | Built in 2011
New
1 of 29 16202 W Caribbean Ln
Studio
Rent To Own
Legacy Parc
Single Family Home
Surprise, AZ 85379
1,647 Sqft | Built in 2004
24403 N 43rd Dr
Studio
Rent To Own
 
Single Family Home
Glendale, AZ 85310
2,260 Sqft | Built in 2002
New
1 of 24 4202 N 72nd Ln
Studio
Rent To Own
 
Single Family Home
Phoenix, AZ 85033
1,600 Sqft | Built in 1972
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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 2022 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 2022 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.

Peoria, AZ Frequently Asked Questions

Peoria, AZ has a walk score of

Peoria, AZ has a bike score of

The state tax rate is 2.59 to 4.5% on top of the federal tax rate of 10 to 37%.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Some data might be from tax-rates.org
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