Search all the latest Rent to Own Homes in Lovington, NM. There are more than 11 rent to own homes currently on the market. Try out homes and neighborhoods without the buying commitment by choosing a rent to own property. It’s a simple process with the homeowner, you start out as a renter, and then purchase the property when you're financially ready to apply for a home loan with a local bank. The rent-to-own process allows new home buyers with poor credit scores, or who lacks the down-payment required by the bank, the opportunity to live in their home while working on improving their credit and saving funds.
Remember, not all sellers in Lovington, NM will offer up their homes as a Rent To Own, but it's worth researching and locating those opportunities. We have listed 11 rent to own homes currently on the market, below.
Lovington is a city in and the county seat of Lea County, New Mexico, United States. The population was 11,009 at the 2010 census.
Lovington is located at 32°56′47″N 103°21′13″W (32.946459, -103.353618). According to the United States Census Bureau, the city has a total area of 4.8 square miles (12 km2), of which 4.8 square miles (12 km2) is land and 0.04 square miles (0.10 km2) (0.42%) is water.
As of the census of 2000, there were 9,471 people, 3,297 households, and 2,459 families residing in the city. The population density was 1,983.6 people per square mile (766.6/km²). There were 3,823 housing units at an average density of 800.7 per square mile (309.4/km²). The racial makeup of the city was 59.85% White, 3.03% African American, 0.78% Native American, 0.48% Asian, 0.06% Pacific Islander, 32.74% from other races, and 3.06% from two or more races. Hispanic or Latino of any race were 52.12% of the population.
There were 3,297 households out of which 41.6% had children under the age of 18 living with them, 57.0% were married couples living together, 13.0% had a female householder with no husband present, and 25.4% were non-families.
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