Rent to own Homes in Fairfield, CA
The city of Fairfield got its name from founder, Captain Robert H. Waterman, who named it after his hometown of Fairfield, Connecticut. Fairfield, California, is a mid-sized community in Solano County, lying between San Francisco and Sacramento. Sharing a border with Suisun City and sitting north of the Suisun Bay, Fairfield is home to Travis Air Force Base and the Jelly Belly Factory. The city's 106,000 residents are positioned in the midst of prime commercial real estate since the city is so close to the San Francisco Bay Area.
Fairfield, CA is a great place for affordable rent-to-own homes! With a median household income of over $86,204 and a median rent of $1,734, the Fairfield, 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 Fairfield, 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.
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Rent to own Homes in Cities Near Fairfield, CA
Buying a Home in Fairfield, CA
Fairfield, CA is seeing rapid growth and Fairfield, CA's' housing market remains not optimal with an average home price that is 99% above the 2024 national average. Fairfield, CA is part of Solano 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 Solano is 0.69% which is below the national average, which is 0.99%.
Median Home Price in Fairfield, CA
Median Rent in Fairfield, CA
Top Reasons to Live in Fairfield CA
Housing Statistics If you can't afford to live in San Francisco, then Fairfield is close enough to make commuting easy, but far enough that home and rental prices are within your reach. In July 2013, the median sales price for the 7.109 homes sold in Fairfield was just over $264,000 for single family homes and condo models. Compared to the region's average of $270,000, Fairfield's asking price is modestly lower. Families looking to buy homes or rent to own homes may find the neighborhoods of Fairfield affordable options for settling down. Fifty-nine percent of Fairfield homes are owner-occupied, thirty-three percent are renter-occupied and seven percent are vacant.
Local Shopping Fairfield is a metropolitan region that offers convenient access to shops, department stores, boutiques, dining, and entertainment for the community. You can find whatever you need in one these popular local venues:
Outdoor Activities Fairfield is home to 18 parks and recreation centers. A variety of options for hiking, biking, and picnicking at any of these parks, including tee-offs at world class golfing terrains and opportunities to explore Suisun Valley's wine region for some wine tasting.
Largest Employers and Industries Fairfield is home to a number of industrial and commercial entities, providing job opportunities in a variety of industries, including agriculture, manufacturing, hospitality, healthcare, active military duty and, marketing and sales. Major employers and industries in the city include:
Local Events and Festivals Fairfield plays host to a wide array of concerts, music, and food festivals. Many are annual events and include the Verzer Summer Concert Series, Summerfest Family Festival and Car Show, Suisun Valley Fun Family Farm Days, and the Tomato Festival & West Coast BBQ Championship.