Are you looking for a rent to own home in Arizona? If so, you’ve come to the right place. We have free listings of rent to own and lease purchase homes in AZ.
Rent to own is a great way to get into a home without having to put down a huge down payment. Bad credit or no credit is not an issue with a rent to own homes in AZ.
Featured Rent To Own Homes AZ Free Listings
Rent To Own Homes in AZ
There are many rent to own homes in AZ. Let’s narrow down your search.
Browse our rent to own free listings to see what’s available.
You can also view our featured listings, which are homes that have been handpicked by our team as the best of the best in Arizona.
If you don’t find a property that you like, check back often because we add new homes all the time. To start, please choose your preferred city.
Arizona Cities with Rent to Own Homes
Arizona Counties Rent To Own Homes
Rent To Own or Buy A House in AZ?
If you’re looking to buy a home in Arizona, it’s important for you to know what type of financing options are available and how they work. The first step is determining what kind of loan will fit your needs best: a conventional loan, an FHA loan or a VA loan.
These three types of loans all have their advantages and disadvantages, but they’re also similar in many ways. For example, they all require down payments and monthly mortgage payments that cover the cost of your home’s principle balance (the amount you borrowed to buy it), interest rate fees and property taxes.
While you won’t be able to buy a house in AZ with bad credit, there are other ways to get approved. You can purchase a home with a rent-to-own agreement, which allows you to live in the property while also paying rent on it. This helps you build your credit history and shows that you’re responsible enough to make payments on time.
If you’re a first-time homebuyer, you’ll likely be looking for homes for sale with a low price point. Some areas in Arizona can get quite expensive, but there are plenty of affordable options available. If you want to buy a house in AZ and don’t have the funds for your down payment yet, consider starting out by renting to own.
Rent To Own Homes in AZ – How Does It Work?
A rent-to-own home is typically offered by a seller who wants to sell their property but doesn’t have the funds for their down payment.
The seller will enter into an agreement with you that allows you to lease the property and pay rent as normal.
You then have the option of purchasing it at some point in the future by putting down a larger deposit than usual – often 25% of what it would cost if you bought it outright.
Why Rent To Own In AZ?
There are many benefits to rent to own homes in Arizona. If you’re looking for a new place to live and don’t want to pay full price up front, a rent-to-own agreement is perfect. You can make small monthly payments while still living in the home, which gives you time to get used to it.
If you like the place, you’ll have the option to buy it later on. If you don’t like it, or if something goes wrong with the home or rental agreement, there are no strings attached and you can move out at any time.
Check out all Free Rent To Own Listings Available.