Located on the very edge between the United States and Mexico, El Paso is a unique city with a diverse makeup of cultures, people and attractions. The downtown area houses a rich assortment of architectural and historical places, such as the Cathedral of Saint Patrick and the Sunset District, but every corner of the city has something of interest. Home to the University of Texas at El Paso, the city prides itself on its excellent higher education system, as well as its safety record. El Paso has been named the safest large city in America for three straight years, including 2013. The military also has a large presence in El Paso, with the Biggs Army Airfield and Fort Bliss located within the borders. The climate in the city is notable too, with a dry, desert atmosphere that makes for hot, dusty summer and mild winters, with very little humidity. Overall, El Paso is an up-and-coming city favored by young singles beginning fruitful careers, and it has a great selection of rentable, buyable, and rent to own houses.
El Paso, TX is a great place for affordable rent-to-own homes! With a median household income of over $48,866 and a median rent of $857, the El Paso, TX 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 El Paso, TX. 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.
El Paso, TX is seeing rapid growth and El Paso, TX's' housing market remains optimal with an average home price that is -100% below the 2022 national average. El Paso, TX is part of El Paso 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 El Paso is 2.09% which is above the national average, which is 0.99%.
El Paso is a very affordable place to live. Overall, many of its residents live in poverty, but it has a relatively low crime rate.
El Paso's violent and property crime rates are well below the national average, making it a reasonably safe city.
No, El Paso is located in the Mountain time zone.
El Paso, TX has a walk score of
El Paso, TX has a bike score of
The state tax rate is 0% on top of the federal tax rate of 10 to 37%.