Rent to own Homes in Artesia, CA
The city of Artesia, located in Los Angeles County, California, was established in 1875 and takes its name from the artesian wells found throughout the area. Although it's officially a city in its own right, Artesia is often considered a gateway city into Los Angeles. The city has a population of around 16,500, according to the 2010 census, and covers an area of just 1.6 square miles. Residents enjoy living in a small community, but are just a stone's throw away from downtown Los Angeles.
Artesia, CA is a great place for affordable rent-to-own homes! With a median household income of over $74,375 and a median rent of $1,747, the Artesia, 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 Artesia, 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 Artesia, CA Property Resources
Rent to own Homes in Cities Near Artesia, CA
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- Costa Mesa
- East Los Angeles
- El Monte
- Fountain Valley
- Hacienda Heights
- Harbor City
- Hawthorne
- Hermosa Beach
- Huntington Beach
- Huntington Park
- Industry
- Inglewood
- Irvine
- Laguna Woods
- La Habra Heights
- Lake Forest
- La Puente
- Lennox
- Long Beach
- Los Angeles
- Lynwood
- Maywood
- Montebello
- Monterey Park
- Norwalk
- Orange
- Palos Verdes Estates
- Palos Verdes Peninsula
- Paramount
- Pico Rivera
- Redondo Beach
- Rolling Hills
- Rose Hills
- Rossmoor
- San Gabriel
- Santa Ana
- Signal Hill
- Silverado
- South El Monte
- South Whittier
- Vernon
- Walnut
- Walnut Park
- West Carson
- West Covina
- Westminster
- West Puente Valley
- Whittier
- Wilmington
Neighborhoods in Artesia, CA
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Artesia, CA is seeing rapid growth and Artesia, CA's' housing market remains not optimal with an average home price that is 176% above the 2024 national average. Artesia, CA is part of Los Angeles 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 Los Angeles is 0.59% which is below the national average, which is 0.99%.
Median Home Price in Artesia, CA
Median Rent in Artesia, CA
Top 4 Reasons to Live in Artesia, CA
House prices are rising! The average cost of real estate in Artesia is rising steadily. It's a good time to invest in property in the area, whether you're planning to buy a property or rent to own. Homes for sale are still priced high above the national average and a little above the California average, which isn't unusual for a city so close to central Los Angeles. Some affordable neighborhoods in the city include Pioneer and Heritage Park.
Excellent shopping! The city of Artesia has its own International and Cultural Shopping District, located on Pioneer Avenue. You'll also find some tasty international cuisine in the area, especially around City Plaza. The Los Cerritos Center is also a big draw for shoppers in the area.
You can attend a range of community events! There is an outstanding sense of community in Artesia, and residents enjoy attending numerous town events throughout the year. Although you'll find a variety of fun events to attend, if you really want to get involved, volunteer as an organizer. Some of the events that take place in the city include the International Street Fair & Diversity Festival, the Miss Artesia Pageant, Family Fun Night, the Patriot Day Ceremony and the July 4th Celebration.
There are numerous rental properties! Artesia offers many options for renters. The number of rentals available in the city is well above the national average, but about on par with the rest of California, which gives renters more choices. This also means that there are often more rental homes on the market, and it's generally easier to find a house for rent on short notice. The most popular areas to rent in are the City Center and Norwalk areas.