Rent to own Homes in Ogden, UT
Ogden, once called Fort Buenaventura, is located in Weber County, Utah. The city is close to the Wasatch Mountains and is also home to Weber State University. In 2010, there were 82,825 people living in Ogden. That same year, Forbes ranked the city as the 6th best place to raise a family.
Ogden, UT is a great place for affordable rent-to-own homes! With a median household income of over $55,974 and a median rent of $872, the Ogden, 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 Ogden, 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.
More Ogden, UT Property Resources
Rent to own Homes in Cities Near Ogden, UT
- Avon
- Bountiful
- Brigham City
- Centerville
- Clearfield
- Clinton
- Corinne
- Croydon
- Eden
- Farmington
- Farr West
- Fruit Heights
- Harrisville
- Hill Afb
- Hooper
- Huntsville
- Kaysville
- Layton
- Liberty
- Mantua
- Marriott-Slaterville
- Morgan
- Mountain Green
- North Ogden
- North Salt Lake
- Ogden
- Paradise
- Perry
- Plain City
- Pleasant View
- Riverdale
- Roy
- South Ogden
- South Weber
- South Willard
- Sunset
- Syracuse
- Uintah
- Washington Terrace
- West Bountiful
- West Haven
- West Point
- Willard
- Wolf Creek
- Woods Cross
Neighborhoods in Ogden, UT
Southeast Ogden rent to own homes Hillcrest - Bonneville rent to own homes Ogden Central Buisness District rent to own homes Taylor rent to own homes Lincoln - Edison rent to own homes Railyard rent to own homes Horace Mann rent to own homes Gibson rent to own homes Canyon Road rent to own homes Lynn rent to own homesBuying a Home in Ogden, UT
Ogden, UT is seeing rapid growth and Ogden, UT's' housing market remains optimal with an average home price that is -10% below the 2024 national average. Ogden, UT is part of Weber 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 Weber is 0.77% which is below the national average, which is 0.99%.
Median Home Price in Ogden, UT
Median Rent in Ogden, UT
Top Reasons to Live in Ogden UT
Housing Statistics Over the years, rent in Ogden has increased steadily, but it is still relatively affordable. The median sales price in Ogden has dropped to $107,500, which is about $50,000 less than the national median. From July 2013 to August 2013, there was only one home sold in Ogden, while almost 9 percent of homes are vacant and 39 percent are rented. This scenario suggests that you might be able to negotiate a rent to own option for your home. If you are considering renting instead of buying, the rental vacancy rate is 4.26 percent.
Largest Employers and Industries One of the largest employers in the city of Ogden is the Internal Revenue Service. Hill Air Force Base, which is located on the Great Salt Lake, employs thousands of Ogden's residents to work in the aircraft maintenance facility. Weber State University not only provides education for students, but is a major employer as well. The Weber School District employs over 1,000 teachers and plays an important role in sustaining the economy of Ogden. In the healthcare sector, Mckay Dee Hospital employs well over 2,000 workers and is the leading provider of healthcare in the area.
Nightlife People often gather along historic 25th Street, known to residents as 'the most entertaining street in Utah.' Some of the best clubs include the Brewskis, which is on 25th Street, and the fantastic City Club, which provides a bar, kitchen, and museum for patrons to browse. Copper Club is another popular nightclub and sports bar.
Neighborhoods Ogden has a few neighborhoods with distinctive character. Some of these are: