Rent to own Homes in Arvin, CA
Located just 15 miles southeast of Bakersfield, Arvin is a city of 19,304 residents in Kern County, California. The city was founded in 1907, but it wasn't until the mid 1930s that the community really started to grow. Development of the Mountain View oil field sparked economic growth in the small city. There are still oil wells surrounding Arvin to this day, serving as monuments to the city's industrialization.
Arvin, CA is a great place for affordable rent-to-own homes! With a median household income of over $39,750 and a median rent of $938, the Arvin, 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 Arvin, 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.
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Rent to own Homes in Cities Near Arvin, CA
- Arvin
- Bakersfield
- Bakersfield Country Club
- Bear Valley Springs
- Benton Park
- Caliente
- Casa Loma
- Choctaw Valley
- Di Giorgio
- East Bakersfield
- East Niles
- Edison
- Edmundson Acres
- El Adobe
- Fuller Acres
- Golden Hills
- Goodmanville
- Greenacres
- Hillcrest
- Keene
- La Cresta
- Lamont
- Lebec
- Mettler
- Oildale
- Olde Stockdale
- Old River
- Old Stine
- Potomac Park
- Pumpkin Center
- Rexland Acres
- Rivergrove
- Rosedale
- Shafter
- Stallion Springs
- Tarina
- Tehachapi
- Weedpatch
Neighborhoods in Arvin, CA
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Arvin, CA is seeing rapid growth and Arvin, CA's' housing market remains optimal with an average home price that is -19% below the 2024 national average. Arvin, CA is part of Kern 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 Kern is 0.8% which is below the national average, which is 0.99%.
Median Home Price in Arvin, CA
Median Rent in Arvin, CA
Top 7 Reasons to Live in Arvin, CA
Enjoy the sunshine! Residents and visitors of Arvin experience a warm and dry climate year-round. It is the ideal environment for those who dislike the cold. Arvin, sees an average of 240 clear and sunny days annually. Summers are hot, with average highs reaching 101 degrees in July; and the winters are quite mild. Smotherman Park and Di Giorgio County Park are ideal spots to get out and enjoy the sunshine.
Bargain real estate prices! The median house price in Arvin is significantly lower than the median price for California. Homes in Arvin sell for an average of $99,800, compared to $383,900 for the state as a whole. House prices are 45% lower in Arvin than the national average. The neighborhood of El Camino Real offers premium housing options, while north of Bear Mountain Road offers affordable deals to potential residents.
Outlet shopping galore! Located just on the edge of town is Outlets at Tejon on the Interstate 5. This shopping outlet features a wide range of designer shopping at discount prices. Stores include Tommy Hilfiger, Adidas, Banana Republic, and more.
Rent for less! Rental properties in Arvin costs on average 34.8% less than elsewhere in California. Median rents are typically $788 per month compared to $1,209 for the rest of the state. Rent to own properties are also affordable options here. Sycamore Road and Haven Drive are popular streets for renting.
Lots of green space! Arvin is home to four public parks, which are perfect for enjoying its year-round pleasant climate. Kovachevich Park and the Arvin Little League Field are located to the north, while Smothermon Park and Di Giorgio County Park are further south.
Local amenities! Residents are spoiled when it comes to local amenities. There are plenty of grocery shops including Vallarta Supermarket, H&S Food Market, and even Grimmway Arvin Organic for the natural food lover.