Rent to own Homes in El Segundo, CA
El Segundo is a coastal city in Los Angeles County. Though its population is less than 17,000, some of the residents of this city happen to be celebrities. In addition, several movies and TV shows have used this area as a filming location. So if you want to live in a famous suburb of L.A., El Segundo should catch your attention.
El Segundo, CA is a great place for affordable rent-to-own homes! With a median household income of over $115,846 and a median rent of $2,022, the El Segundo, 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 Segundo, 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 Segundo, CA Property Resources
Rent to own Homes in Cities Near El Segundo, 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 El Segundo, CA
No neighborhoods foundPopular Zip Codes in El Segundo, CA
90245 rent to own homesBuying a Home in El Segundo, CA
El Segundo, CA is seeing rapid growth and El Segundo, CA's' housing market remains not optimal with an average home price that is 443% above the 2024 national average. El Segundo, 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 El Segundo, CA
Median Rent in El Segundo, CA
Top 6 Reasons to Move to El Segundo, CA
Plenty of renters! About 57 percent of the people who live here while in the rest of the U.S., about 30 percent of people rent. Whether you are looking for rental homes or rent-to-own houses, check out East Grand Avenue and Main Street. If you want a home with a view of the beach, stick to the area around Vista Del Mar Boulevard and East El Segundo Boulevard.
Spend time at the beach! Residents spend a lot of time at the beach in El Segundo. This span of sand is pretty quiet, so if you're used to crowded beaches, you will appreciate the difference. To get off the water for a bit, head to The Lakes at El Segundo; it has a 9-hole golf course.
Enjoy the great outdoors! The largest park here is Recreation Park with it's many facilities, which makes it easy to play sports like softball, tennis and basketball. Some of the smaller places to play around this city are Independence Park, Library Park and Hilltop Park.
Fast home appreciation! If you plan to a buy a home in El Segundo, the appreciation rate will make you happy. In the last five years, it has been about 20 percent, which is much higher than the negative 5 percent the rest of the U.S. has seen, on average. If you are looking for a home near a freeway so you can easily get around the L.A. area, look around Rosecrans Avenue and South Sepulveda Boulevard.
Lots of eateries! When you get hungry in El Segundo, head to Chef Hannes Restaurant for Italian food, Canton Low Restaurant for Chinese fare or Indian Summer for Indian cuisine. Other options include La Paz Cafe for Mexican food and Kaya Restaurant for Japanese. Clearly, you have plenty of choices here.
Great shopping! The main place to shop here is Plaza El Segundo. It features stores like HomeGoods, Cost Plus World Market and Dick's Sporting Goods.