Rent to own Homes in Fountain, CO
Situated in Central Colorado, Fountain is named after the Fountain Creek which runs through town. An historic train wreck put the city on the map when a freight, carrying 18 tons of explosives, collided with a passenger train, resulting in a massive explosion that formed a 15-foot crater. The blast is commemorated each year with a street dance at the towns City Hall Plaza.
Fountain, CO is a great place for affordable rent-to-own homes! With a median household income of over $68,194 and a median rent of $1,505, the Fountain, CO 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 Fountain, CO. 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 Fountain, CO Property Resources
Rent to own Homes in Cities Near Fountain, CO
Neighborhoods in Fountain, CO
No neighborhoods foundPopular Zip Codes in Fountain, CO
No zip codes foundBuying a Home in Fountain, CO
Fountain, CO is seeing rapid growth and Fountain, CO's' housing market remains not optimal with an average home price that is 19% above the 2024 national average. Fountain, CO is part of El Paso 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 El Paso is 0.47% which is below the national average, which is 0.99%.
Median Home Price in Fountain, CO
Median Rent in Fountain, CO
Top 6 Reasons to Live in Fountain, CO
High-end homes! Valuable rent to own houses can be found near Link and C And S Roads. Median home values here are $212,806 and rental prices average $1,156 per month. Proximity to Jimmy Camp Creek as well as the fantastic fried rice and sesame chicken at Dragon King Chinese Restaurant make this a great community to call yours.
Luscious lunch options! The area has some incredible BBQ restaurants. Enjoy local favorite, Colorado Smokehouse, by ordering pulled pork with Carolina-style sauce or Brisket marinated in true Kansas City fashion. The in-house cobblers are also noteworthy. For those that appreciate the Oklahoma style fare, the Bird Dog BBQ across town serves it up proper and boasts a mean Smokehouse Sandwich and delicious fried okra.
Affordable rental units! Near Fountain Mesa Road and Comanche Village Drive, you'll find small single-family homes up for grabs. Average rental costs here are $708, lower than 84 percent of Colorado neighborhoods. Living in this community, you'll be close to Highway 25 and Fountain Creek Regional Park, which is full of outdoor activities and lush nature-filled settings with views of Pike's Peak.
Get your caffeine fix! Cappucino's, Chai Tea Lattes and pastries are a great way to start the day and local gem, Pony Espresso, offers it all along with a quaint atmosphere and drive-thru for those who like to take their coffee to go. For a joint that offers ice cream, pastries and standard coffee shop fare, try bright and spacious Ice Y Hot.
Support local farms! Shop for fruits, vegetables and meat products at the various area markets. Hillbilly Farms specializes in herbs, vegetables and even whole animals by contract is nearby. Localvore Colorado Co-Op, carrying healthy fare that was crafted close to home, is a great stop as well.
Outdoor adventures! Whether it's tee time at Appletree Golf Course or skateboarding in Metcalfe park, the town has a lot to offer. Picnics, hiking, biking trails and fishing are just some of the activities residents enjoy year-round.