Rent to own Homes in Corona, NM

Corona, NM is a great place for affordable rent-to-own homes! With the current housing shortage trend it can make it harder to become a homeowner, including in Corona, NM. 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 Corona, NM rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 3 of 3
New
403 STATE HIGHWAY 3 N
Rent to Own Eligible
 
Single Family Home
Encino, NM 88321
3
2
1822 ft2
0 Ranch View Loop
Rent To Own
 
Single Family Home
Corona, NM 88318
0
0
0 ft2
651 SUMMIT ST
REO Foreclosure
 
Single Family Home
Corona, NM 88318
0
0
1270 ft2
1958
Map
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Buying a Home in Corona, NM

Corona, NM is seeing rapid growth and Corona, NM's' housing market remains optimal with an average home price that is -64% below the 2024 national average. Corona, NM is part of Lincoln 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 2024 for county Lincoln is 0.42% which is below the national average, which is 0.99%.

Median Home Price in Corona, NM

Median Rent in Corona, NM

Median rent data is currently unavailable.
Rent to own homes offer low monthly payments and flexible terms.