Located along the foothills of the Colorado Rockies, Boulder is an incredibly picturesque city with stunning views of the surrounding mountains. Rich in the history of the America West, today it's a thriving mecca for students, thanks to its University of Colorado campus. It's also a center of the natural foods industry, and is home to well-known industry names such as Celestial Seasonings and Whole Foods Market.
Boulder, CO is a great place for affordable rent-to-own homes! With a median household income of over $72,279 and a median rent of $1,588, the Boulder, CO 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 Boulder, CO. 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.
Boulder, CO is seeing rapid growth and Boulder, CO's' housing market remains not optimal with an average home price that is 238% above the 2023 national average. Boulder, CO is part of Boulder 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 2023 for county Boulder is 0.57% which is below the national average, which is 0.99%.
Boulder Housing Statistics These numbers reflect demographics and prices for rent to own homes, sale and rental houses and condominiums:
Local Shopping in Boulder Pearl Street Mall
Local Restaurants in Boulder In recent years, Boulder has become a major food mecca for nationally-recognized chefs who are attracted to the area's penchant for locally-sourced produce. Among its many eclectic eateries, here are a few of Boulder's most popular:
Boulder Neighborhoods The Hill: Boulder's most famous neighborhood is the Hill, an area rich in local history. Located just west of the University of Colorado, the Hill is home to a thriving, eclectic business district with locally-owned stores and boutiques, art galleries, performing arts centers, restaurants and bars. In the heart of the Hill is its most renowned landmark, the Fox Theater, a music venue that was built in 1926. Another popular landmark is The Sink, a restaurant/bar that caters to the nearby university crowd. A tourist attraction in itself, the Hill is also a beloved party center for university students, many of whom live in or near the neighborhood.