Rent to own Homes in Luis Lopez, NM

Luis Lopez, 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 Luis Lopez, 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 Luis Lopez, NM rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 19 of 19
1202 Avenida De Pajarito
Rent To Own
 
Single Family Home
Socorro, NM 87801
3
2
1598 ft2
2007
2332 Fatima Rd
Rent To Own
 
Single Family Home
Socorro, NM 87801
1
1
953 ft2
1 of 50 4080 Highway 107
Rent To Own
 
Multifamily (2 - 4 Units)
Magdalena, NM 87825
2
3
4700 ft2
1996
1 of 8 328B NE FRONTAGE RD
Auction
 
Single Family Home
Polvadera, NM 87828
3
1
1243 ft2
191992 STATE HIGHWAY 1
Rent to Own Eligible
 
Single Family Home
Socorro, NM 87801
0
0
0 ft2
New
507 SIMPSON AVE
Rent to Own Eligible
 
Single Family Home
Socorro, NM 87801
0
0
0 ft2
New
908 ANNETTE AVE
Rent to Own Eligible
 
Single Family Home
Socorro, NM 87801
0
0
0 ft2
New
1495 NE FRONTAGE RD
Rent to Own Eligible
 
Single Family Home
Socorro, NM 87801
0
0
0 ft2
127 POLVADERA RD
Rent to Own Eligible
 
Single Family Home
Veguita, NM 87062
0
0
0 ft2
Spring Street Nicholas Nw Crnr
Rent To Own
 
Single Family Home
Socorro, NM 87801
0
0
0 ft2
SE Corner Spring Califiornia
Rent To Own
 
Single Family Home
Socorro, NM 87801
0
0
0 ft2
588 Highway 408
Rent To Own
 
Single Family Home
Lemitar, NM 87823
0
0
0 ft2
83 Camino Las Estrellas
Rent To Own
 
Single Family Home
Magdalena, NM 87825
0
0
0 ft2
New
709 NEEL AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Socorro, NM 87801
0
0
0 ft2
New
2943 US HIGHWAY 380
Pre-Foreclosure (NOD)
 
Single Family Home
San Antonio, NM 87832
0
0
0 ft2
905 AKE AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Socorro, NM 87801
0
0
0 ft2
New
1 of 30 211 WILLOW
Auction
 
Single Family Home
Socorro, NM 87801
0
0
0 ft2
812 FOSTER LN
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Socorro, NM 87801
0
0
728 ft2
1943
203 SPRUCE ST
REO Foreclosure
 
Single Family Home
Magdalena, NM 87825
0
0
0 ft2
Map
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Buying a Home in Luis Lopez, NM

Luis Lopez, NM is seeing rapid growth and Luis Lopez, NM's' housing market remains optimal with an average home price that is -14% below the 2024 national average. Luis Lopez, NM is part of Socorro 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 Socorro is 0.5% which is below the national average, which is 0.99%.

Median Home Price in Luis Lopez, NM

Median Rent in Luis Lopez, NM

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