Rent to own Homes in Cottonwood Heights, UT
Cottonwood Heights is only a suburban stone's throw away from the metropolitan mecca of Salt Lake City. The town broke away from Salt Lake City in 2004. During this transition it kept its own distinctive vibe. Cottonwood Heights is home to several corporate giants and a slew of options for outdoor activities. If you're considering a move to this thriving area, the next five reasons are sure to convince you to pack your bags.
Cottonwood Heights, UT is a great place for affordable rent-to-own homes! With a median household income of over $95,427 and a median rent of $1,288, the Cottonwood Heights, UT 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 Cottonwood Heights, UT. 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.
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Rent to own Homes in Cities Near Cottonwood Heights, UT
- Alpine
- Alta
- American Fork
- Bingham Canyon
- Bluffdale
- Bountiful
- Brighton
- Cedar Hills
- Cedar Valley
- Centerville
- Copperton
- Cottonwood Heights
- Draper
- Eagle Mountain
- Emigration Canyon
- Farmington
- Fruit Heights
- Granite
- Herriman
- Highland
- Holladay
- Kaysville
- Kearns
- Layton
- Lehi
- Lindon
- Magna
- Midvale
- Millcreek
- Murray
- North Salt Lake
- Park City
- Pleasant Grove
- Riverton
- Salt Lake City
- Sandy
- Saratoga Springs
- Silver Summit
- Snyderville
- South Jordan
- South Salt Lake
- Summit Park
- Taylorsville
- West Bountiful
- West Jordan
- West Valley City
- White City
- Woods Cross
Neighborhoods in Cottonwood Heights, UT
No neighborhoods foundPopular Zip Codes in Cottonwood Heights, UT
84171 rent to own homesBuying a Home in Cottonwood Heights, UT
Cottonwood Heights, UT is seeing rapid growth and Cottonwood Heights, UT's' housing market remains not optimal with an average home price that is 85% above the 2024 national average. Cottonwood Heights, UT is part of Salt Lake 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 Salt Lake is 0.67% which is below the national average, which is 0.99%.
Median Home Price in Cottonwood Heights, UT
Median Rent in Cottonwood Heights, UT
Top 5 Reasons to Live in Cottonwood Heights, UT
Canyons and mountains galore! Cottonwood Heights is not known as the city between the canyons for nothing. There are plenty of scenic canyons and mountainous sights to gaze upon. Don't forget Mountview Park, which offers spectacular mountain views as well as recreational spaces for basketball, soccer and water sports. Another fun neighborhood place to play is Crestwood Park. It's laced with hiking trails and there is a community pool as well.
Housing supply meets demand! There is a strong buyer's market in the community and getting a good deal on an ideal property is in the cards, whether you plan to buy outright or search for rent to own homes. The Ferguson Canyon neighborhood has some nice condos worth checking out. Houses near the Cottonwood Heights Recreation Center offer easy access to fun activities.
Fun food and drink! The colorful Western past of the community lives today in places like the Porcupine Pub & Grill on Fort Union Blvd. and The Hog Wallow Pub up on East Big Cottonwood Canyon Road. For top-notch Sushi, visit Sushi Ya, also on Fort Union Blvd.Lone Star Taqueria is just a couple of blocks away and offers great Mexican casual fare.
Strong home value! The median home value in Cottonwood Heights is among the highest is the entire Salt Lake area. For late 2014, the median list price was over $700,000. Rent to own houses can be a good way to get in on the market. The neighborhood known as Little Cottonwood Creek Valley is an area of very nice homes on beautiful lots. Look near Bair Park in the east part of town for condo-style living.
Trek till you drop! Cottonwood Heights residents can take full advantage of the numerous trails and paths dedicated to those who want a physical challenge or just a leisurely stroll. Trails like Mount Olympus, Lone Peak, Cecret Lake and Elephant Rock await your exploration. This is an area known for outdoor recreation and living here puts you near it all.