Select Page
Home » Rent to Own Homes in Arizona » Rent to Own Homes in Phoenix
Rent to Own Homes in Phoenix

Overview

Phoenix is the largest capital city in the U.S. and one of the most unique, thanks to long-time resident Frank Lloyd Wright. Until Wright’s death in 1959, the architect designed more than 1,000 structures in the city, giving it a unique architecture and style still prominent today. 

Known for year-round sunshine and great weather, Phoenix is also home to some of the best golf courses in the US, and a plethora of cultural and artistic attractions.  Families enjoy visiting the Phoenix Zoo and Botanical Gardens while the amazing bars entice the younger crowds. Plenty of art galleries, museums, and entertainment are available in the city. Phoenix Sky Harbor International Airport helps residents reach all their destinations. An abundance of opportunities for work and play also makes Phoenix desirable.

1436 Listing Found in Phoenix, AZ

Phoenix, AZ 85018

Phoenix, AZ 85018

Phoenix, AZ 85020

Phoenix, AZ 85020

Phoenix, AZ 85015

Phoenix, AZ 85015

Phoenix, AZ 85048

Phoenix, AZ 85048

Phoenix, AZ 85006

Phoenix, AZ 85006

Phoenix, AZ 85027

Phoenix, AZ 85027

Phoenix, AZ 85041

Phoenix, AZ 85041

Phoenix, AZ 85037

Phoenix, AZ 85037

Phoenix, AZ 85033

Phoenix, AZ 85033

Phoenix, AZ 85001

Phoenix, AZ 85001

Phoenix, AZ 85050

Phoenix, AZ 85050

Phoenix, AZ 85022

Phoenix, AZ 85022

Phoenix, AZ 85040

Phoenix, AZ 85040

Phoenix, AZ 85028

Phoenix, AZ 85028

Phoenix, AZ 85044

Phoenix, AZ 85044

Phoenix, AZ 85019

Phoenix, AZ 85019

Phoenix, AZ 85013

Phoenix, AZ 85013

Phoenix, AZ 85032

Phoenix, AZ 85032

Phoenix, AZ 85016

Phoenix, AZ 85016

Phoenix, AZ 85007

Phoenix, AZ 85007

Phoenix, AZ 85015

Phoenix, AZ 85015

Phoenix, AZ 85044

Phoenix, AZ 85044

Phoenix, AZ 85041

Phoenix, AZ 85041

Phoenix, AZ 85037

Phoenix, AZ 85037

Phoenix, AZ 85006

Phoenix, AZ 85006

Phoenix, AZ 85014

Phoenix, AZ 85014

Phoenix, AZ 85024

Phoenix, AZ 85024

Phoenix, AZ 85033

Phoenix, AZ 85033

Phoenix, AZ 85023

Phoenix, AZ 85023

Phoenix, AZ 85004

Phoenix, AZ 85004

Phoenix, AZ 85016

Phoenix, AZ 85016

Phoenix, AZ 85040

Phoenix, AZ 85040

Phoenix, AZ 85045

Phoenix, AZ 85045

Phoenix, AZ 85020

Phoenix, AZ 85020

Phoenix, AZ 85033

Phoenix, AZ 85033

Phoenix, AZ 85031

Phoenix, AZ 85031

Phoenix, AZ 85042

Phoenix, AZ 85042

Phoenix, AZ 85021

Phoenix, AZ 85021

Phoenix, AZ 85012

Phoenix, AZ 85012

Phoenix, AZ 85018

Phoenix, AZ 85018

Phoenix, AZ 85016

Phoenix, AZ 85016

Phoenix, AZ 85006

Phoenix, AZ 85006

Phoenix, AZ 85003

Phoenix, AZ 85003

Phoenix, AZ 85044

Phoenix, AZ 85044

Phoenix, AZ 85014

Phoenix, AZ 85014

Phoenix, AZ 85050

Phoenix, AZ 85050

Phoenix, AZ 85023

Phoenix, AZ 85023

Phoenix, AZ 85014

Phoenix, AZ 85014

Phoenix, AZ 85029

Phoenix, AZ 85029

Phoenix, AZ 85085

Phoenix, AZ 85085

Phoenix, AZ 85018

Phoenix, AZ 85018

Phoenix, AZ 85050

Phoenix, AZ 85050

Phoenix, AZ 85027

Phoenix, AZ 85027

Phoenix, AZ 85020

Phoenix, AZ 85020

Phoenix, AZ 85007

Phoenix, AZ 85007

Phoenix, AZ 85015

Phoenix, AZ 85015

Phoenix, AZ 85048

Phoenix, AZ 85048

Phoenix, AZ 85019

Phoenix, AZ 85019

Phoenix, AZ 85016

Phoenix, AZ 85016

Phoenix, AZ 85008

Phoenix, AZ 85008

Phoenix, AZ 85023

Phoenix, AZ 85023

Phoenix, AZ 85041

Phoenix, AZ 85041

Phoenix, AZ 85050

Phoenix, AZ 85050

Phoenix, AZ 85016

Phoenix, AZ 85016

Phoenix, AZ 85006

Phoenix, AZ 85006

Phoenix, AZ 85044

Phoenix, AZ 85044

Phoenix, AZ 85014

Phoenix, AZ 85014

Phoenix, AZ 85044

Phoenix, AZ 85044

Phoenix, AZ 85013

Phoenix, AZ 85013

Phoenix, AZ 85008

Phoenix, AZ 85008

Phoenix, AZ 85021

Phoenix, AZ 85021

Phoenix, AZ 85004

Phoenix, AZ 85004

Phoenix, AZ 85012

Phoenix, AZ 85012

Phoenix, AZ 85019

Phoenix, AZ 85019

Phoenix, AZ 85033

Phoenix, AZ 85033

Phoenix, AZ 85029

Phoenix, AZ 85029

Phoenix, AZ 85015

Phoenix, AZ 85015

Phoenix, AZ 85001

Phoenix, AZ 85001

Phoenix, AZ 85018

Phoenix, AZ 85018

Phoenix, AZ 85016

Phoenix, AZ 85016

Phoenix, AZ 85050

Phoenix, AZ 85050

Phoenix, AZ 85006

Phoenix, AZ 85006

Phoenix, AZ 85085

Phoenix, AZ 85085

Phoenix, AZ 85042

Phoenix, AZ 85042

Phoenix, AZ 85045

Phoenix, AZ 85045

Phoenix, AZ 85022

Phoenix, AZ 85022

Phoenix, AZ 85032

Phoenix, AZ 85032

Phoenix, AZ 85087

Phoenix, AZ 85087

Phoenix, AZ 85048

Phoenix, AZ 85048

Phoenix, AZ 85028

Phoenix, AZ 85028

Phoenix, AZ 85086

Phoenix, AZ 85086

Phoenix, AZ 85013

Phoenix, AZ 85013

Phoenix, AZ 85086

Phoenix, AZ 85086

Phoenix, AZ 85033

Phoenix, AZ 85033

Phoenix, AZ 85085

Phoenix, AZ 85085

Buying a Home in Phoenix

Single-family homes, apartments, lofts, and condos compose the city of Phoenix. The average median sales price for a single-family home in Phoenix is $320,000. Home prices in Phoenix continue to rise as people discover the amazing qualities the city offers its residents. In one year, the cost of buying a home in Phoenix increased by $40,000. 

This surge in home prices continues today. Home prices are expected to surge again in mid-2021. Rent-to-own home options provide the opportunity to lock in housing prices now before the next real estate boom.

Best Neighborhoods in Phoenix

Downtown Phoenix maintains popularity as one of the city’s best neighborhoods.  Filled with entertainment, bars, art galleries, businesses, and a host of retailers, downtown Phoenix is vibrant and paves the way for easy-living with amenities within walking distance. 

Buyers searching for an upscale style of living cannot go wrong with a Biltmore neighborhood home. Mid-rise towers fill the lush gated community here, with all the extravagant extras thrown in that make life grand.  Sunnyslope is another popular Phoenix neighborhood known for its historic properties.

Buying Vs. Rent to Own Homes

Buying a home requires you to have a large down payment, closing costs, and a plethora of miscellaneous fees.  You must also have good credit in order to qualify for mortgage approval. Not ready yet but love the idea of buying a home? Consider rent-to-own instead. Utilizing an RTO option is great for buyers in Phoenix. With continually climbing housing prices, using this option locks-in today’s prices. But that benefit is one of many that RTO offers to buyers. Buyers pay a small option fee to start the contract and then have time to save up for a down payment or build their credit score. Buying a home is less financially stressful when engaging in this type of scenario.

Cost of Living in Phoenix

Good news for homebuyers searching for a great place to live that also offers affordability! 

The cost of living in Phoenix is 5% lower than the national average. Transportation costs 8% less than the national average in Phoenix while utilities, housing, and groceries ranked in at 5% less. Phoenix residents even pay an average of 3% less for healthcare than people elsewhere in the country. On average, Phoenix residents earn an hourly wage of $24.74 per hour, more than $1 more than the national average.  Living in Phoenix is affordable and comfortable, no matter your lifestyle or budget. 

Summary

Phoenix offers residents beautiful neighborhoods, plentiful activities, great weather, and an affordable cost of living. There is no shortage of educational and work opportunities available, although finding a home may prove difficult considering the popularity of the city. Act fast to find the home of your dreams. Phoenix has a multitude of properties that fit every budget and need, whether you want a historic or Victorian-style home or prefer something with more modern appeal. 

Rent-to-own options give buyers more time to plan on the purchase without missing out on the home. Find properties scattered about Phoenix. Using the RTO allows buyers to avoid the traditional buying process which does not always suit the needs of every person. Rent-to-own gives buyers more time and helps when buying a home. 

Rent to Own Realtors in Phoenix

Do not call the local realty company if RTO appeals to you. Realtors steer clear of rent to own homes because they do not produce an immediate profit. As someone working on commission, realtors demand immediate profit or it becomes more time-consuming than profitable. 

While rent-to-own listings may be unavailable from realtors, we have them for you. Sellers often choose RTO because the many benefits it provides to them are very lucrative. These contracts allow you to rent the property with the option to buy at the end of the contract. Most of these contracts expire within three years. If the idea of homeownership appeals to you but there are still things stopping you from moving forward, consider the RTO option. 

You’ll secure today’s housing pricing while providing yourself with time to save up money to apply toward the down payment and time to improve your credit so getting approved for a mortgage is not a problem.

Once you pay the option fee and determine the contract end date, the home is yours to enjoy. You’ll pay a premium fee with the rent payment each month. The premium fee is then applied to the down payment when you buy the home at the end of the contract. 

About Our Listings

Our rent-to-own listings include foreclosures, for sale by owner properties, and more. Access the database of properties any time you’re ready, all at no charge.  Many of the property owners work with people with all credit types and have available several options. If the dream of owning a home entices you, consider the alternative to buying and living the American dream in Phoenix, Arizona.

Find properties near me with Rent to own Reviews:

85001 Zip Code
85002 Zip Code
85003 Zip Code
85004 Zip Code
85010 Zip Code
85011 Zip Code
85012 Zip Code
85013 Zip Code
85014 Zip Code
85020 Zip Code
85021 Zip Code
85022 Zip Code
85023 Zip Code
85024 Zip Code
85025 Zip Code
85026 Zip Code

85027 Zip Code
85028 Zip Code
85029 Zip Code
85035 Zip Code
85036 Zip Code
85037 Zip Code
85038 Zip Code
85039 Zip Code
85045 Zip Code
85046 Zip Code
85048 Zip Code
85050 Zip Code
85051 Zip Code
85005 Zip Code
85006 Zip Code
85007 Zip Code

85008 Zip Code
85009 Zip Code
85015 Zip Code
85016 Zip Code
85017 Zip Code
85018 Zip Code
85019 Zip Code
85030 Zip Code
85031 Zip Code
85032 Zip Code
85033 Zip Code
85034 Zip Code
85040 Zip Code
85041 Zip Code
85042 Zip Code
85043 Zip Code

85044 Zip Code
85053 Zip Code
85054 Zip Code
85055 Zip Code
85060 Zip Code
85061 Zip Code
85067 Zip Code
85068 Zip Code
85069 Zip Code
85070 Zip Code
85071 Zip Code
85078 Zip Code
85079 Zip Code
85080 Zip Code
85082 Zip Code
85083 Zip Code

85097 Zip Code
85098 Zip Code
85062 Zip Code
85063 Zip Code
85064 Zip Code
85065 Zip Code
85066 Zip Code
85072 Zip Code
85073 Zip Code
85074 Zip Code
85075 Zip Code
85076 Zip Code
85085 Zip Code
85086 Zip Code

City of Phoenix, AZ Demographic Information

  • Population:1,211,093
  • White Population:837,819
  • Black Population:65,681
  • Hispanic Population:442,783
  • Asian Population:23,894
  • Hawaiian Population:1,645
  • Indian Population:26,226
  • Other Population:214,611
  • Male Population:617,540
  • Female Population:593,553
  • Avg House Value:$125,473
  • Avg Household Income:$42,892

Other Cities in Arizona

Ready to Buy?

Our goal is to help you find the ideal rent to own home.