Rent to own Homes in Durham, CA
Durham, CA is a great place for affordable rent-to-own homes! With a median household income of over $98,563 and a median rent of $1,321, the Durham, 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 Durham, 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 Durham, CA Property Resources
Rent to own Homes in Cities Near Durham, CA
- Bangor
- Berry Creek
- Biggs
- Browns Valley
- Brownsville
- Butte City
- Butte Creek Canyon
- Butte Valley
- Challenge
- Challenge-Brownsville
- Cherokee
- Chico
- Concow
- Durham
- Forbestown
- Forest Ranch
- Gridley
- Honcut
- Kelly Ridge
- Linda
- Live Oak
- Loma Rica
- Magalia
- Marysville
- Oregon House
- Oroville
- Oroville East
- Palermo
- Paradise
- Rackerby
- Richvale
- Robinson Mill
- South Oroville
- Thermalito
- Yankee Hill
- Yuba City
Neighborhoods in Durham, CA
South Entler rent to own homesPopular Zip Codes in Durham, CA
95958 rent to own homes 95928 rent to own homes 95938 rent to own homesBuying a Home in Durham, CA
Durham, CA is seeing rapid growth and Durham, CA's' housing market remains not optimal with an average home price that is 144% above the 2024 national average. Durham, CA is part of Butte 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 Butte is 0.58% which is below the national average, which is 0.99%.