Pueblo, Colorado, is situated in the southern central portion of the state along the Interstate 25 corridor. It is the largest city in Pueblo County and the seventh most populous community in the state. Pueblo became a town in the Colorado Territory in 1870; however, the confluence of Fountain Creek and Arkansas River attracted European settlements to the area as early as the 1850s. The current population of 107,772 is spread across eight zip codes in a city that exudes equal measures of modern convenience and historical charm. Pueblo is the home of the Colorado State Fair, held every year towards the end of August.
Pueblo, CO is a great place for affordable rent-to-own homes! With a median household income of over $42,902 and a median rent of $826, the Pueblo, 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 Pueblo, 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.
Pueblo, CO is seeing rapid growth and Pueblo, CO's' housing market remains optimal with an average home price that is -31% below the 2022 national average. Pueblo, CO is part of Pueblo 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 Pueblo is 0.71% which is below the national average, which is 0.99%.
Pueblo, CO has a walk score of
Pueblo, CO has a bike score of
The state tax rate is 4.55% on top of the federal tax rate of 10 to 37%.