Rent to own Homes in Elk Grove, CA
If you're looking to raise a family in northern California, there might not be a better place to do it than Elk Grove - particularly if you want to be near the Sacramento area without actually living in the city. Elk Grove offers more affordable prices on rent to own homes, rental apartments or houses than anywhere in Sacramento proper, and it also is a much quieter and safer place for families than the nearby big city. Elk Grove is home to one of the area's best libraries -- the Elk Grove Public Library -- and also the Elk Grove Regional Park, which is home to the annual Giant Pumpkin Festival. Elk Grove has good schools, libraries, parks and a lot of single family homes. It's really not the place to be for a young single looking for an exciting nightlife, but if you're ready to settle down, Elk Grove could be just the right place to you.
Elk Grove, CA is a great place for affordable rent-to-own homes! With a median household income of over $101,776 and a median rent of $1,734, the Elk Grove, 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 Elk Grove, 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 Elk Grove, CA Property Resources
Rent to own Homes in Cities Near Elk Grove, CA
- Acampo
- Antelope
- Arden-Arcade
- Carmichael
- Citrus Heights
- Clarksburg
- Clay
- Collierville
- Courtland
- Davis
- Dogtown
- El Dorado Hills
- Elk Grove
- Elverta
- Fair Oaks
- Florin
- Folsom
- Foothill Farms
- Franklin
- Freeport
- Fruitridge Pocket
- Galt
- Gold River
- Granite Bay
- Herald
- Hood
- La Riviera
- Lemon Hill
- Lockeford
- Lodi
- Mather
- Mcclellan
- McClellan Park
- North Highlands
- Orangevale
- Parkway
- Pleasant Grove
- Rancho Cordova
- Rancho Murieta
- Rio Linda
- Rosemont
- Roseville
- Sacramento
- Sloughhouse
- Terminous
- Thornton
- Victor
- Walnut Grove
- Wilton
- Woodbridge
Neighborhoods in Elk Grove, CA
Camden Passage West rent to own homes Gilliam Meadows rent to own homes Laguna Creek Village rent to own homes Laguna Stonelake rent to own homes Quail Ridge rent to own homes Laguna West rent to own homes Lakeside rent to own homes Luguna Creek South rent to own homes Perry Ranch rent to own homes Laguna Ridge Village rent to own homesPopular Zip Codes in Elk Grove, CA
95759 rent to own homes 95758 rent to own homes 95624 rent to own homesBuying a Home in Elk Grove, CA
Elk Grove, CA is seeing rapid growth and Elk Grove, CA's' housing market remains not optimal with an average home price that is 101% above the 2024 national average. Elk Grove, CA is part of Sacramento 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 Sacramento is 0.68% which is below the national average, which is 0.99%.
Median Home Price in Elk Grove, CA
Median Rent in Elk Grove, CA
Top Reasons to Live in Elk Grove CA
Housing in Elk Grove Looking for a rental home, or maybe just a place to buy for your very own? There is some variation in the Elk Grove real estate and it might not be too hard to find what you're looking for. The median home sale price there is $277,000 so property isn't cheap, but people there are buying. There were about 1,600 homes sold in the last six months in Elk Grove. Of all Elk Grove homes, 73% are owned, while 22% are rented and 5% are vacant. So if you're looking for a house to purchase or rent, it might take a while to find just what you want. However, with an annual residential turnover rate of 26%, expect properties -- even in in-demand neighborhoods -- to open up throughout the year.
Tourist Attractions If you're coming to Elk Grove for touristy things, you're probably going to want to head to nearby Sacramento. Sacramento is a big exciting city, which is home to the NBA basketball team, the Sacramento Kings, as well as California's state capitol building. You can also visit the zoo in Sacramento and the California State Railroad Museum. Within the Elk Grove city limits, there is less to do, but there is a shooting range and bowling alley if you're looking for easy and cheap entertainment. Annual festivals -- particularly around major holidays such as Christmas and July 4 -- fill the community's calendar.
Arts and Culture Art lovers will find plenty of places to explore in Elk Grove. The Elk Grove Fine Arts Center is an education and community center for people to make and discuss art. Encore Studio of Performing Arts is the dance center in the town; they have dance classes and regular student recitals. To hear music in Elk Grove, check out the outdoor summer concert series in Elk Grove Village; it's a family friendly series with a wide variety of acts. If live theater is your thing, you'll want to pop over to Sacramento. There you can find the California Music Theater, where you can see hit, blockbuster musicals, and the B Street Theater, an exciting venue where playwrights from across the country come to debut and develop their work. You can see playwrights here whose work eventually makes it to Broadway. The Sacramento Opera is also a great place for people who love live entertainment; it provides an annual season of great operas in a beautiful, world-class venue.
Neighborhoods Here are some neighborhoods in Elk Grove you should know about: