Rent to own Homes in Longmont, CO

Longmont, CO is a municipality in Boulder and Weld counties, just northeast of Boulder. The name comes from the Longs Peak mountain that you can see from Longmont. It was founded in 1871 and developed as an agricultural community. A sleepy town for most of its life, Longmount recently has had a resurgence of energy and now has a vibrant feel to it, thanks to its combination of the new and the old. For instance, you can stop by the Longmont Museum and Cultural Center to learn about the city's history, and then afterwards head over into the Left Hand Brewery to sip some delicious local brews.

Longmont, CO is a great place for affordable rent-to-own homes! With a median household income of over $79,140 and a median rent of $1,437, the Longmont, 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 Longmont, 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.