Rent to own Homes in Gilroy, CA
Prime real estate! The Garlic Capital is hot when it comes to top property. The cost per square foot increased in 2013 by 30%, and for good reasons. Stunning vistas and gorgeous floor plans in Mesa Ranch and Lions Creek make Gilroy a very desirable community for rent to own homes and conventional sales.
Gilroy, CA is a great place for affordable rent-to-own homes! With a median household income of over $107,729 and a median rent of $1,929, the Gilroy, CA 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 Gilroy, CA. 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 Gilroy, CA Property Resources
Rent to own Homes in Cities Near Gilroy, CA
- Alum Rock
- Amesti
- Ben Lomond
- Boulder Creek
- Brookdale
- Cambrian Park
- Campbell
- Capitola
- Corralitos
- Cupertino
- Day Valley
- East Foothills
- Felton
- Freedom
- Fremont
- Gilroy
- Interlaken
- La Selva Beach
- Lexington Hills
- Lompico
- Los Altos
- Los Altos Hills
- Los Gatos
- Loyola
- Milpitas
- Monte Sereno
- Morgan Hill
- Mountain View
- Mount Hamilton
- Mount Hermon
- Newark
- Pajaro
- Palo Alto
- Paradise Park
- Pasatiempo
- Pleasure Point
- Rio del Mar
- San Jose
- San Martin
- Santa Clara
- Santa Cruz
- Saratoga
- Scotts Valley
- Seacliff
- Soquel
- Sunnyvale
- Sunol
- Twin Lakes
- Watsonville
- Zayante
Neighborhoods in Gilroy, CA
Downtown Gilroy Historic District rent to own homes Glen Loma Ranch rent to own homes Downtown Gilroy rent to own homes Cannery District rent to own homes Civic Cultural Arts District rent to own homes Eagle Ridge rent to own homesPopular Zip Codes in Gilroy, CA
95021 rent to own homesBuying a Home in Gilroy, CA
Gilroy, CA is seeing rapid growth and Gilroy, CA's' housing market remains not optimal with an average home price that is 230% above the 2024 national average. Gilroy, CA is part of Santa Clara 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 Santa Clara is 0.67% which is below the national average, which is 0.99%.
Median Home Price in Gilroy, CA
Median Rent in Gilroy, CA
10 Reasons to Live in Gilroy, CA
Great time to rent to own! Between December 2013 and March 2014, sales decreased for two- and three-bedroom homes by 17.6% and 19.2%, respectively. Houses in West Side and Central Gilroy offer beautiful homes that are close to amenities.
Pick your favorite neighborhood! East Side includes some older lower-priced homes, still conveniently within reach of downtown and commercial districts. Hidden Glen has some larger homes close to downtown. Both are great locations to look for rent to own houses, with many amenities within 1.5 miles from the area.
Work from home or walk to work! Just under 3% of residents in Gilroy work from home. Another 1.8% walk to work. The commute time for those who drive to work from Gilroy locations like Central and Mesa Ranch is pretty much on par with the state average at just over 29 minutes.
Sample some award-winning wines! The Santa Clara Valley, Gilroy's home, is renowned for its wineries. Solis Winery and Morgan Hill Cellars both offer wine tasting and sales.
Take in some live entertainment! Gilroy offers quite a number of theaters in town. Two popular venues are the Pintello Comedy Theater and the Limelight Actors Theater in downtown Gilroy.
Hit the trail -- on foot or on two wheels! Gilroy's parks shouldn't be missed, including the Henry W. Coe State Park and the Pinnacles National Park.
Take the Garlic Festival route! The Gilroy Garlic Festival is a world-famous event that offers excellent food and entertainment. So is Syngenta Flowers, which maintains a six-acre display field of their products for public viewing. Visitors can wander through and enjoy its natural grace.
Don't forget the golf course! For those who feel they'd be happier on a golf course than a garlic patch, there are nine golf courses in the area. Two of these courses are particularly impressive, designed by professionals and based on PGA standards: Eagle Ridge Golf Club, an 18-hole that is both challenging to the low handicapper and fun to play, and Ridgemark Golf and Country Club, with two 18-hole courses located between the Gabilan and Diablo mountain ranges.
Have a night out on the town! There is something for just about every taste in Gilroy. Want to enjoy some classical music? Attend a performance by the South Valley Symphony. Prefer something more casual? The Gilroy Bowl is a favorite bowling venue frequented by visitors as well as locals.