Rent to own Homes in Compton, CA
While Compton, California, became part of the pop culture lexicon because of early 90s hip-hop and rap culture, the city has been around a lot longer than that. Founded in 1888, Compton is an incredibly diverse community located between Los Angeles and Long Beach that was once the home of George and Barbara Bush. With a population of over 96,000, Compton has a very young community: The average age of its residents is 25 years old, compared to the national average of 35. If you live in Compton, you'll be right in the middle of it all. That's why it has earned the nickname, "Hub City."
Compton, CA is a great place for affordable rent-to-own homes! With a median household income of over $58,703 and a median rent of $1,236, the Compton, 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 Compton, 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 Compton, CA Property Resources
Rent to own Homes in Cities Near Compton, CA
- Altadena
- Burbank
- Calabasas
- Culver City
- East Los Angeles
- East Pasadena
- East San Gabriel
- Encino
- Hacienda Heights
- Harbor City
- Hawthorne
- Huntington Beach
- Industry
- La Canada Flintridge
- La Cañada Flintridge
- La Crescenta-Montrose
- Ladera Heights
- La Habra Heights
- Lennox
- Lynwood
- Marina del Rey
- Maywood
- Montebello
- Monterey Park
- North El Monte
- North Hollywood
- Norwalk
- Palos Verdes Estates
- Palos Verdes Peninsula
- Panorama City
- Paramount
- Pico Rivera
- Rolling Hills
- Rose Hills
- Rossmoor
- San Marino
- San Pasqual
- Santa Monica
- Sierra Madre
- South El Monte
- South Pasadena
- South Whittier
- Tarzana
- Temple City
- Van Nuys
- West Carson
- Westminster
- Whittier
- Wilmington
- Woodland Hills
Neighborhoods in Compton, CA
Richland Farms rent to own homes Downtown Compton rent to own homes Sunny Cove rent to own homes Compton rent to own homes Lynwood Park rent to own homesPopular Zip Codes in Compton, CA
90223 rent to own homes 90224 rent to own homes 90220 rent to own homes 90221 rent to own homesBuying a Home in Compton, CA
Compton, CA is seeing rapid growth and Compton, CA's' housing market remains not optimal with an average home price that is 76% above the 2024 national average. Compton, 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 Compton, CA
Median Rent in Compton, CA
Top Reasons to Live in Compton CA
Housing The cost of living in Compton is significantly lower than in the surrounding metropolitan areas. The median sale price for homes in this area is $195,000, which is right on track with the national average and well below the California average of over $300,000. The average sale price in Compton was $250,000. The vacancy rate in Compton is actually relatively low coming in at only just under 6%. 52% of homes are owned, while 42% are rented. There are also rent to own options. Chances are good that you will be able to find the right place if you're patient: the turnover in Compton is roughly 20% annually.
Tourism Compton is a city that's looking towards tomorrow. The city once known as 'Hub City' has since changed its slogan to 'Birthing a better Compton.' With this in mind it seems they have become appropriately skyward oriented. The Celebrity Helicopters air tour service and Tomorrow's Aeronautical Museum are located within the city's limits. They could rename this entire area to the city of parks. In large part neighborhoods are arranged more by which park they lie closest to. There are at least thirteen easily identifiable community parks within the city limits. For the most part however, residents choose to leave the area for entertainment. Los Angeles and big city life are only a few miles away. The west coast and Redondo beach takes only a short trip down I-105, and the scenic coastlines of Long Beach are just next door.
Schools The Compton unified school district covers portions of Carson, Paramount and unincorporated Los Angeles county. Most of the K -12 schools in Compton are located to the east and north of city center. Lynwood Middle School, George Washington Carver Elem. and 122nd Street Elementary School are all located along the northern border with easy access from I-110. Recent revitalization pushes have provided funding to improve the quality of education received in all of the city's schools. The overall state of affairs in Compton is considered to be on a 25 year steady increase.
Neighborhoods In line with a lot of larger cities in the country, neighborhoods in Compton are defined by streets and intersections rather than named regions. There are at least twenty eight separate neighborhoods in the city, here are the most prominent.