Rent to own Homes in Highland, UT
Just thirty miles outside the city limits of Salt Lake City, Highland is a growing metropolis with 15,523 residents. Since 2000, Highland has experienced a 90 percent increase in population that is largely attributable to its low cost of living, thriving local economy and great annual events. Per AreaVibes, Highland is one of the most livable cities in the state.
Highland, UT is a great place for affordable rent-to-own homes! With a median household income of over $146,177 and a median rent of $2,039, the Highland, 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 Highland, 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 Highland, UT
- Alpine
- Alta
- American Fork
- Benjamin
- Bluffdale
- Brighton
- Cedar Fort
- Cedar Hills
- Cedar Valley
- Charleston
- Copperton
- Cottonwood Heights
- Draper
- Eagle Mountain
- East Basin
- Emigration Canyon
- Fairfield
- Granite
- Heber
- Heber City
- Herriman
- Highland
- Hobble Creek
- Holladay
- Interlaken
- Kearns
- Lehi
- Lindon
- Midvale
- Millcreek
- Murray
- Orem
- Palmyra
- Park City
- Pleasant Grove
- Provo
- Salt Lake City
- Silver Summit
- Snyderville
- South Salt Lake
- Spanish Fork
- Springville
- Summit Park
- Sundance
- Taylorsville
- Vineyard
- Wallsburg
- West Jordan
- West Mountain
- West Valley City
Neighborhoods in Highland, UT
Highland Town Center rent to own homesPopular Zip Codes in Highland, UT
No zip codes foundBuying a Home in Highland, UT
Highland, UT is seeing rapid growth and Highland, UT's' housing market remains not optimal with an average home price that is 176% above the 2024 national average. Highland, UT is part of Utah 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 Utah is 0.55% which is below the national average, which is 0.99%.
Median Home Price in Highland, UT
Median Rent in Highland, UT
Top 5 Reasons to Live in Highland, UT
The median list price on the decline! After having peaked at $355,000, the median list price of a single-family property in Highland has decreased to $330,000. When the falling list price is coupled with 20.2 percent of homes selling for below the original asking price, it is clear that homes can be had at a great price in a neighborhood along Canterbury Way or Sunflower Drive.
Home values higher than state norm! The median home value in Utah is $206,400; however, in Highland that number increases to $318,000. Given that Highland is one of the fastest growing cities in the state and rated as one of the most desirable to live in, now is the time to buy house or rent to own home because property values will only continue to rise in the coming years. Look to the areas of Castle Pine Way and along Tamarack Drive for the best deals.
The best parks in the state! Because it offers spectacular views and picturesque scenery, it is not surprising that many residents like to spend their days outdoors in Highland, UT. Escape the heat of the summer at the Town Center Splash Pad where the water runs for 50 minutes before turning off for 10 minutes and repeating the process. For great hiking, make your way to Dry Creek Bench Park where you'll find more than 50 acres of mapped out space for walking, mountain biking and trail running.
Meet your neighbors at exciting local events! In April, the annual Easter Egg Hunt & Cookie Decorating occurs on the first Saturday of April. Bring your Easter Egg baskets and be prepared for a great time. Help keep Highland looking as beautiful as possible by participating in the spring clean-up during the first weekend of May.
Delicious restaurants for every craving! Keep your body feeling healthy with a delicious vegetarian meal from the Blue Lemon Restaurant and Cafe that specializes in preparing cuisine made from organic and sustainable ingredients. For something slightly unhealthier, but just as tasty, JCW's is serving up the best bacon cheeseburgers with more than 50 toppings in the city.