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Many people want to finally own their forever home (who don't?!). Unfortunately, not many buyers can afford one outright. This is where Great Way Real Estate Services comes in - we help you find the perfect rent to own home in Phoenix and other local areas.
The requirements are simple: if you have an annual household income of at least $45,000, a minimum of 580 Trans Union credit score, and a stable employment, we can easily find the right rent to own home in Phoenix for you.
It doesn't matter where, too; whether it's Avondale, Peoria, or San Tan Valley, we have rent to own houses that are perfect for you! What are you waiting for? Contact Great Way Real Estate Services now and let us help you find your forever home.
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.West meets metro in the sixth-largest city in the US - Phoenix, Arizona. The Valley of the Sun is brimming with culture, scenic desert landscape, golf courses, parks, and Southwestern vibes.
Career-driven professionals will find Phoenix an ideal city with its multitude of diverse job opportunities in the aerospace, tech, and health industries. Major employers have established bases here, such as Boeing, Raytheon, Amazon, Apple, Johnson and Johnson, and Sanofi.
The Arizonian city is also an ideal homecourt for sports fans. There are plenty of golf courses sprawled all over the city, including the famous Arizona Biltmore Golf Club. It is also home to the Phoenix Suns and has hosted historical games like the NFL Superbowl.
Families looking to move to Phoenix will find these schools suitable for providing quality education for their kids:
- Horizon Honors Elementary School
- Vista Del Sur Traditional School
- Alhambra Traditional School
- BASIS Phoenix
Looking for houses for sale or rent-to-own homes in Phoenix, AZ?
Phoenix's median home value is $442.9k, or $268 per square foot. The selling price of these houses averages around $423.3k. Listed homes in Phoenix usually stay on the market for 45 days, and the sale-to-list price ratio is 100%.
The average rent in Arizona's largest city is around $1500. Apartments priced at $1000 - $1500 dominate the rental market in Phoenix, with two-bedroom rentals being the most popular choice.
Cost of living in Phoenix, Arizona
Residents in Phoenix enjoy a 5% lower cost of living than the national average. Housing expenses, in particular, are 5% lower than the average expenditure in the country.
A family of four spends an average of $2700 per month (excluding housing) living in the city, while a single person spends $800, sans housing expenses.
Basic utilities such as electricity and water cost $170 monthly, while internet costs about $82.45.
Popular neighborhoods in Phoenix, AZ
Here are Phoenix's top neighborhoods:
- Arcadia - an upscale, picturesque neighborhood with rich history; only 15 minutes away from the airport and downtown Scottsdale
- Ahwatukee Foothills - the most pet- and family-friendly neighborhood in Phoenix. It's a quiet sanctuary but close to nightlife activities.
- Deer Valley - the top affordable choice for families; has plenty of family ranches and quality schools.
Phoenix, the largest city in Arizona, is the ideal place to settle if you're looking for a mix of the desert view and cityscapes. Sporting events, recreational activities, and a glimpse of rural life are all available in the city.
Phoenix residents enjoy a lower cost of living than the national average. Housing costs are 5% lower than the national average. Groceries, utilities, and transportation expenses are also affordable.
Phoenix also boasts a high employment rate, thanks to well-known companies establishing local hubs in the city. You can find a job suitable for your skills and experience, especially in the aerospace, tech, and healthcare industries.
Currently, Phoenix has a median listing price of $442.9k and a selling price of $423.3k. It's advisable to take advantage of this pricing range as soon as possible since Phoenix's real estate market is expected to rise in the coming years.