Rent to Own Homes in Otis, CO

Otis, CO is a great place for affordable rent-to-own homes! With a median household income of over $44,750 and a median rent of $738, the Otis, 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 Otis, 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.

Check out 14 Otis, CO rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 14 of 14
1 of 39 404 Elwood St
2 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Sterling, CO 80751
2,268 Sqft | Built in 1947
New
1 of 28 509 Columbine St
1 Bed, 2 Baths
Rent To Own
 
Single Family Home
Sterling, CO 80751
1,805 Sqft | Built in 1956
1 of 40 710 S 5th Ave
1 Bed, 2.5 Baths
Rent To Own
 
Single Family Home
Sterling, CO 80751
2,216 Sqft | Built in 1938
1 of 18 803 Beattie Dr
3 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Sterling, CO 80751
1,512 Sqft | Built in 1972
New
531 Denver St
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Sterling, CO 80751
1,197 Sqft | Built in 1919
New
1 of 38 15849 Deerfield St
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Sterling, CO 80751
1,705 Sqft | Built in 1996
New
1 of 21 223 W 5th Avenue Otis
2 Beds, 2 Baths
Rent To Own
 
Single Family Home
Otis, CO 80743
1 of 34 501 Elm Ave
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Akron, CO 80720
960 Sqft | Built in 1954
Rent to own homes offer low monthly payments and flexible terms
1 of 39 581 Delta Ave
4 Beds, 2 Baths
Rent To Own
 
Single Family Home
Akron, CO 80720
1,620 Sqft | Built in 1919
522 Elwood St
2 Beds, 1 Bath
Pre-Foreclosure (NOD)
 
Single Family Home
Sterling, CO 80751
1,326 Sqft | Built in 1951
103 Parkview Dr
3 Beds, 3 Baths
REO Foreclosure
 
Single Family Home
Sterling, CO 80751
3,066 Sqft | Built in 1960
1 of 6 206 S Date St
Studio
Rent To Own
 
Single Family Home
Yuma, CO 80759
1,312 Sqft | Built in 1956
1 of 16 919 S Main St
Studio
Rent To Own
 
Single Family Home
Yuma, CO 80759
1,468 Sqft | Built in 1947
1 of 5 701w Apache Dr
Studio
Auction
 
Single Family Home
Yuma, CO 80759
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Buying a Home in Otis, CO

Otis, CO is seeing rapid growth and Otis, CO's' housing market remains optimal with an average home price that is -58% below the 2022 national average. Otis, CO is part of Washington 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 Washington is 0.54% which is below the national average, which is 0.99%.

Median Home Price in Otis, CO

Median Rent in Otis, CO

Rent to own homes offer low monthly payments and flexible terms

Otis, CO Frequently Asked Questions

Otis, CO has a walk score of

Otis, CO has a bike score of

The state tax rate is 4.55% 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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