Rent to own Homes in Spanish Springs, NV
Spanish Springs is an unincorporated area of Washoe County, Nevada that borders the Reno-Sparks metro area. A mix of suburban and rural living, one side opens to some of the most remote country in America while the other fronts Nevada's second-largest urban center. It's a combination that creates a balanced lifestyle filled with recreation. In Spanish Springs, fun nights on the town meet back-country adventures. In the late 60's and early 70's, it was the home of the Nevada Field Laboratory, where rocket engines were tested.
Spanish Springs, NV is a great place for affordable rent-to-own homes! With a median household income of over $101,456 and a median rent of $1,643, the Spanish Springs, NV 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 Spanish Springs, NV. 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.
More Spanish Springs, NV Property Resources
Rent to own Homes in Cities Near Spanish Springs, NV
Neighborhoods in Spanish Springs, NV
Eagle Canyon rent to own homes Bridle Path Homes rent to own homes North Springs rent to own homes Sky Ranch Donovan Ranch rent to own homesPopular Zip Codes in Spanish Springs, NV
89441 rent to own homesBuying a Home in Spanish Springs, NV
Spanish Springs, NV is seeing rapid growth and Spanish Springs, NV's' housing market remains not optimal with an average home price that is 90% above the 2024 national average. Spanish Springs, NV is part of Washoe 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 Washoe is 0.64% which is below the national average, which is 0.99%.
Median Home Price in Spanish Springs, NV
Median Rent in Spanish Springs, NV
Top 6 Reasons to Live in Spanish Springs, NV
Rising housing market! The real estate numbers remained flat in most of Washoe County for 2014 but Spanish Springs was an exception, with the median sales price of $307,500 up about 5 percent from the prior year. Look for newer rent to own homes near Golden Eagle Regional Park or search more established areas like those west of Highway 445 and north of La Posada Drive.
High desert weather! With hot summers, cold winters and a lot of sunny days, this is great weather for people wanting distinct seasons. Nearby mountains get lots of snow while the vast open areas to the north and east bask in sunshine. Lake Tahoe is a short drive away and Pyramid Lake is even closer.
Nevada-style excitement! The action on the casino floors, shows and the varied dining options are just minutes away. Spanish Springs is just far enough away that it is its own community and close enough to make getting in on the action easy. Spots like the Grand Sierra are right downtown while smaller casinos like Baldini's are closer.
Great local food options! There's no reason to drive far for good eats. Try Bully's Sports Bar & Grill on Pyramid way for tasty pub-style grub and screens to catch the game on. Just across the road is The Lake Bar & Grill, another local favorite.
Low traffic neighborhoods! Pretty much the entire community is laid out in a pattern that limits traffic in residential zones. Highway 445 passes through town from north to south and is virtually the only major commuting street. Find rent to own houses near Desert Winds Park or Highland Ranch for quiet neighborhoods that are still fairly close to traffic routes.
Fun on the golf course! Red Hawk Golf and Resort has a nice course that is challenging and fun. For relaxation, there are nice small community green spaces like Eagle Canyon Park and Del Cobre Park.