Rent-to-Own Homes in Scottsdale, AZ: What You Need to Know
Scottsdale, Arizona is a sunny city with easy access to the great outdoors. There is a wide variety of modern homes for potential renters or buyers to browse and consider. The job market is an excellent one, promising a healthy salary and an easy lifestyle. Golf is widespread and popular, entertaining many of the residents. Scottsdale is popular among retirees and is often ranked as the number one city to retire to. Scottsdale is more than just a retiree city, though; there is so much here for active, young people too.
Scottsdale Real Estate: Housing Availability
The median list price of a Scottsdale home is $599,990, whereas the median sale price is $368,100. The most common types of home styles here are Southwestern, Ranch, Mediterranean, Tuscan, and Spanish Colonial. The majority of households are owner-occupied. The average rent is $1.598 for a 944 square foot apartment. One-bedrooms are $1,453 and two-bedrooms are $1,710 per month.
A Competetive Job Market
Scottsdale has a hot, and competitive, job market. The top sectors here are Aerospace and Defense, Technology and Innovation, Manufacturing, Bioscience and Healthcare, and Business and Financial Services. The average salary of residents is $65k.
Scottsdale’s Weather and Climate
Year-round, Scottsdale is hot and dry. The summers are sweltering, stretching from May through September. July is the hottest month, with temperatures peaking at 93°F. The highest temperatures cap at 111°F. The coldest month here is December, and temperatures scarcely go below 54°F.
Sports in the City
Scottsdale loves its golf. Golf is a major source of economic revenue and tourism. There is an abundance of luxury golf courses available to residents. Because Scottsdale is considered the best city for retirees, it makes sense that golf is so popular as a major sport and recreational sport. Baseball is another favorite in Scottsdale, with the local Scottsdale Scorpions being a huge source of pride for locals.
The Local Population
There are 262,222 residents living in Scottsdale, making it the fifth-largest city in Arizona. The median age here is 47, which is 9 years older than the national average. 57% of the population is married, and 33% of the population has children under 18. 87.9% of residents are Caucasian, 4.92% are Asian, and 1.78% are African American.