Rent to own Homes in El Cajon, CA
A few miles to the east of San Diego proper, El Cajon is a picturesque suburban area nestled between the mountains and the ocean. The temperate climate features far more sunny days per year than most of America, and there are no chilly winters here. A quiet, growing community, El Cajon boasts many charming amenities like the El Cajon Farmers Market, El Cajon Plaza Shopping Center and the San Diego Air and Space Museum Gillespie Field Annex. A youthful and family-friendly environment, El Cajon, affectionately known as "The Big Box," has seen rising home appreciation and sales in the last year that prove this is a popular place to live, whether working in San Diego or elsewhere.
El Cajon, CA is a great place for affordable rent-to-own homes! With a median household income of over $56,367 and a median rent of $1,398, the El Cajon, 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 El Cajon, 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 El Cajon, CA Property Resources
Rent to own Homes in Cities Near El Cajon, CA
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- Bonita
- Bostonia
- Casa de Oro-Mount Helix
- Chula Vista
- Coronado
- Crest
- Del Dios
- Del Mar
- Descanso
- Dulzura
- El Cajon
- Elfin Forest
- Encinitas
- Escondido
- Eucalyptus Hills
- Fairbanks Ranch
- Granite Hills
- Harbison Canyon
- Harmony Grove
- Imperial Beach
- Jamul
- La Jolla
- Lakeside
- La Mesa
- La Presa
- Lemon Grove
- National City
- Poway
- Ramona
- Rancho San Diego
- Rancho Santa Fe
- San Diego
- San Diego Country Estates
- San Marcos
- Santa Ysabel
- Santee
- San Ysidro
- Solana Beach
- Spring Valley
- Valley Center
- Winter Gardens
Neighborhoods in El Cajon, CA
No neighborhoods foundBuying a Home in El Cajon, CA
El Cajon, CA is seeing rapid growth and El Cajon, CA's' housing market remains not optimal with an average home price that is 116% above the 2024 national average. El Cajon, CA is part of San Diego 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 San Diego is 0.61% which is below the national average, which is 0.99%.
Median Home Price in El Cajon, CA
Median Rent in El Cajon, CA
Top Reasons to Live in El Cajon CA
Housing Statistics There is some good news and bad news with regards to the El Cajon housing market. Though the hunger for new homes has dropped, as evidenced by the lower than normal sale of homes--roughly 2,104 in 2012--it's backed up by rising home sale prices. Prices are way up, in fact, by 20 percent or more in some areas. As far as actual prices go, the average cost of a home, townhome or condo is $322,869, with the median price coming in at $294,950. This is well below the California average for homes, especially so close to a popular big city like San Diego. Neither San Francisco nor Los Angeles can claim such affordable rates. Vacancies are relatively low, around four percent, so an apartment search may take some time. It's a big renter community, with 55 percent of residents renting compared to the 40 percent who own, so taking extra time to find a property may make the most sense. Or, for those interested in accruing value while renting, a rent to own home is a fantastic alternative option. Finally, the annual residential turnover rate is fairly average, with 21 percent of people moving on each year. Even so, the population growth is steady, which is a good sign.
Largest Employers El Cajon has an impressive spread of employers, each taking on a few hundred employees on average. The largest employer located in the city is the Grossmont-Cuyamaca Community College District, which employs 1,490 people, the most by far. The runner up is GKN Aerospace Chem-tronics with 648 employees. Other notable businesses include Taylor Guitars, Sears and Target, with some health centers also accounting for a significant percentage of workers. In fact, El Cajon actually has one of the largest percentages of health care workers within its borders.
School Systems There are two districts that operate the schools within El Cajon: Cajon Valley Union School District handles the elementary and middle schools while the Grossmont Union High School District covers the public high schools. There are a total of six high schools, six middle schools and an extraordinary 19 elementary schools. There are also four colleges located in El Cajon: Grossmont, Cuyamaca, San Diego Christian and Seminary of Mar Abba the Great. Now it should be apparent why this city is considered great for both families and young adults looking to improve their education.
Neighborhood Guide El Cajon has a mixture of highly-populated urban neighborhoods and sprawling suburban housing developments. These are just a few examples.