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Colorado Rent-to-Own Homes

Included below are Rent to Own Homes in Colorado. If you would like more information on any of these Colorado listings, click the "Request More Information" button when viewing the property details. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.

And, if you haven't already, be sure to register for a free account so that you can receive email alerts whenever new Rent to Own Homes in Colorado get listed on the market.

Rent to Own Homes in Colorado, CO

Rent to Own Homes in Colorado March 19, 2024
2759
Listed
70
Avg. DOM
$311.91
Avg. $ / Sq.Ft.
$529,530
Med. List Price
2759 Properties
Page 1 of 230
The content relating to real estate for sale in this web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST INC® Real estate listings held by brokers other than Kenna Real Estate are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. Click here for the full Terms of Use.

Ready to find your dream home in Colorado?
Let us help you. Call or Text Kenna Real Estate at 303-955-4220 to get personalized assistance from our expert real estate agents.

Rent to Own, Lease with Right to Purchase Programs

Rent to Own Homes Denver CoFind a Rent to Own Home with a Kenna Real Estate Agent. Kenna Real Estate provides responsible households a transparent path to homeownership through its Lease with a Right to Purchase Program. Many factors go into the decision of whether to rent or buy a home. For example, the upfront costs of buying a home, including the down payment and closing costs (taxes and fees), can be quite high, so it usually makes more sense to rent if you plan to remain in a home for less than five years. Other considerations include property insurance, maintenance, and repairs. A homeowner is responsible for these costs, while a renter typically does not make any of these payments directly. Nevertheless, the monthly cost of owning a home may be meaningfully lower than the monthly cost of renting.  

How the Rent to Own Program works:

  1.  Prospective Household applies for approval.
  2.  Household finds a Home Partners qualified home.
  3.  Home Partners buys the qualified home and the household leases from Home Partners.
  4.  The household has the right to purchase the home.
Once a home is identified and approved by Home Partners, Home Partners will attempt to purchase the home- the outcome of which will depend on certain conditions being met, such as agreeing on a purchase price with the seller, a satisfactory inspection, attorney review of the purchase contract, and other closing conditions being satisfied.


It is easy To Qualify for the Rent To Own Lease with the Right to Purchase Program:

  1. Household income $75,000 or More
  2. Credit score of 620 or above
  3. No Evictions within the last 3 years
  4. Deposit is two months rent and refundable after 1 year renting
  5. Max home price $650,000
  6. You pick any home for sale as long as it's in good condition

More Facts on Rent-to-Own Homes:

The Lease with a Right to Purchase program provides responsible households who cannot obtain a mortgage with a clear and transparent path to home ownership. A qualified applicant will get approved and select a home for sale with an agent. Home Partners will buy the home in cash, lease it to the resident & provide a right to acquire it anytime during the lease period.

The resident's financial obligation is limited to 1 year of rent. Approved Rent to Own residents can:
Elect to rent the home for up to 5 years 
Move out after each one-year lease term without penalty and get the deposit back
Purchase the home ANYTIME during the tenancy. Contact us for some zero-down payment financing to buy rent-to-own homes.

Colorado Rent To Own Community List

Prospective residents will work with a Kenna REALTOR® to find a home in an approved community.

(Click here More for Communities)

Home Partners of America uses consistent and objective investment criteria- including median home prices and high school rankings, to identify communities with a high quality of life and long-term opportunities for residents. The following is a list of Home Partners of America and Kenna Real Estate's approved communities and high schools in Colorado that are fit for the Rent to Own Program: (Click here to Apply) 

Rent to Own in Adams County
Cherokee Trail HS Horizon HS Standley HS
East HS - Denver Legacy HS  
George Washington HS Pomona HS  
     
Rent to Own in Arapahoe County
Arapahoe HS George Washington HS Mountain Vista HS
Chaparral HS Grandview HS Smoky Hill HS
Cherokee Trail HS Heritage HS Thunder Ridge HS
Cherry Creek HS Highlands Ranch HS  
Eaglecrest HS Littleton HS  
     
Rent to Own in Boulder County
Berthoud HS Golden HS Ralston Valley HS
Boulder HS Legacy HS Silver Creek HS
Broomfield HS Longmont HS Standley Lake HS
Centaurus HS Mead HS Thompson Valley HS
Erie HS Monarch HS  
Fairview HS Niwot HS  
     
Rent to Own in Broomfield County
Broomfield HS Erie HS Monarch HS
Centaurus HS Legacy HS Standley HS
     
Rent to Own in Denver County
Cherry Creek HS George Washington HS Wheat Ridge HS
East HS -Denver Littleton HS  
     
Rent to Own in Douglas County
Arapahoe HS Columbine HS Lewis-Palmer HS
Castle View HS Douglas County HS Mountain Vista HS
Chaparral HS Grandview HS Palmer Ridge HS
Chatfield Senior HS Heritage HS Ponderosa HS
Cherokee Trail HS Highlands Ranch HS Rock Canyon HS
Cherry Creek HS Legend HS Thunder Ridge HS
     
Rent to Own in El Paso County
Air Academy HS Douglas County HS Manitou Springs HS
Castle View HS Falcon HS Palmer HS
Cheyenne Mountain HS Fountain - Fort Carson HS Palmer Ridge HS
Coronado HS Harrison HS Pine Creek HS
Discovery Canyon Campus School Lewis-Palmer HS Vista Ridge HS
Doherty HS Liberty HS  
     
Rent to Own in Jefferson County
Arvada West HS Fairview HS Pomona HS
Bear Creek HS Golden HS Ralston Valley HS
Boulder HS Green Mountain HS Standley Lake HS
Broomfield HS Heritage HS Thunder Ridge HS
Chatfield Senior HS Lakewood HS Wheat Ridge HS
Columbine HS Littleton HS  
Dakota Ridge HS Monarch HS  
     
Rent to Own in Larimer County
Berthoud County Loveland HS Rocky Mountain HS
Fort Collins HS Mead HS Thompson Valley HS
Fossil Ridge HS Mountain View HS Windsor HS
Longmont HS Poudre HS  
     
Rent to Own in Weld County
Berthoud HS Legacy HS Niwot HS
Centaurus HS Longmont HS Poudre HS
Erie HS Mead HS Windsor HS
Fossil Ridge HS Mountain View HS  


RENT to Own Any Home You Want! Contact us Now: 303-955-4220

Rent to Own Fast and Easy | *NEW to Denver Area Lease Option Program*

Set up an appointment at our Real Estate Office to see if the rent-to-own, Rent with the right-to-purchase plan is right for you

Here is a useful link to evaluate your options: http://portal.hud.gov/HudCalculators/

To see if a rent-to-own home not listed on the website is approved for the right to purchase, please visit our address checker at addresscheck.homepartners.com 

Total Cost to Rent to Own

Total Cost is the price Home Partners pays for the home, closing costs, make ready, and repairs/maintenance costs. Total Cost is used to determine the residents' right to purchase prices.

A Rent to Own sample is highlighted below:

Purchase Price $400,000
Closing Costs * $6,000
Make Ready and Repairs/Maintenance Costs $14,000
Total Cost $420,000


*Includes all costs such as transfer taxes, attorneys' fees, title insurance, other acquisition costs, etc.

The Monthly Rent Slightly Increases

Each year, a resident's Monthly Rent increases by no more than 3.75% over the previous year’s Monthly Rent.

 Example of Monthly Rent

Year 1 $2,400
Year 2 $2,450
Year 3 $2,500
Year 4 $2,560 
Year 5 $2,620 


Right-to-Purchase Price Increases

Each year, the Right to Purchase Price increases by 3.5%-5% (depending on the region).

In the example, if the Total Cost of the home is $410,000 and if the Right to Purchase increases by 5% (i.e., Prior Year Purchase Right Price x 1.05)*, then the Purchase Right Price for Years 1-5 is as follows:

Year 1 $420,500
Year 2 $431,500
Year 3 $443,100
Year 4 $455,300 
Year 5 $468,000


There are additional costs that the resident will incur if they exercise the Right to Purchase, such as closing costs to purchase the home, including transfer taxes, attorneys' fees, title insurance, and the cost of a mortgage loan. As a result, actual total costs to exercise the Right to Purchase will vary.

*Rent will round to the nearest $10. Right, to Purchase / Rent to Own Price will round to the nearest $100.

Kenna Real Estate is, in no way, Home Partners of America. Hyperion Homes, Home Partners of America acts as your landlord if you proceed with the Lease with the right-to-purchase program. Kenna Real Estate is not a mortgage company, does not see your credit, have any input, or can guarantee you will be approved by Hyperion Homes, Home Partners of America. Kenna Real Estate and its Agents have no obligation to provide and do not provide financing and cannot guarantee or in any way assure that a resident will be able to obtain a mortgage if and when he/she wishes to exercise the Purchase Right.

Ready to find your dream home in Colorado?
Let us help you. Call or Text Kenna Real Estate at 303-955-4220 to get personalized assistance from our expert real estate agents.

Call, fill out the form, or text 303-955-4220


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