Rent to own Homes in Greenfield, CA
Greenfield is a city in the Salinas Valley region that had a population of 16,330 according to the 2010 U.S. Census. Greenfield was laid out in 1902 by John S. Clarke and others on a land grant of 4,000 acres, and its organized canal system attracted new residents and spurred growth. The area is resplendent with the natural beauty of the Salinas Valley and Gabilan Mountains. The city is known as the center of "Steinbeck Country."
Greenfield, CA is a great place for affordable rent-to-own homes! With a median household income of over $64,879 and a median rent of $1,497, the Greenfield, 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 Greenfield, 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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Greenfield, CA is seeing rapid growth and Greenfield, CA's' housing market remains not optimal with an average home price that is 53% above the 2024 national average. Greenfield, CA is part of Monterey 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 Monterey is 0.51% which is below the national average, which is 0.99%.
Median Home Price in Greenfield, CA
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Top 4 Reasons to Live in Greenfield, CA
Great variety of housing! Albertola Estates is a gated subdivision that still has lots available. It is in the middle of Arroyo Seco and offers paved roads and utilities. Finding a rent to own home is not hard to do and every type of housing is available here, from condos to mansions. Those who enjoy golf may want a home near King City Golf Course. Anywhere you live in the city will place you within short driving distance of Pebble Beach Golf Links, Pacific Grove Golf Links, San Juan Oaks Golf Club or Bayonet and Black Horse Golf Course.
So many fun things to do! The city has lots of parks, including Rotary Centennial Park, Apricot Street Park, Patriot Park, Skateboard Park and Mariposa Park. Additionally, you may soon see the Yanks Air Museum and runway in the city, still under development (in 2014). Roy's Swiss Sausage Factory, Santa Lucia Bakery and the Greenfield Gym are all great places to visit. You can also play arcade games at Mendoza's Family Games or you can take a tour of the Wente Brothers Vineyard on Elm Avenue. Nearby King City has Salinas Valley Fair, a center for performing arts and Monterey County Dance Theater.
Great housing programs! Greenfield has several unique programs for those who need assistance to purchase a residence. In Cambria Park Subdivision, you'll find 'self-help' homes, a unique program by the city. Also, Community Housing Improvement Systems Inc. has an assistance program for residents who want to purchase dwellings in Walnut Place Subdivision.
An abundance of great cuisine and wine! El Michoacano Restaurant, La Fogata and JoAnna's Restaurant are all local favorites. Windmill Restaurant is also highly rated by locals. Scheid's Vineyards Tasting Room is well worth a stop if you want to sample some fine wines. There are also plenty of wine tasting opportunities at Chalone Vineyard, Scheid Vineyards, Pisoni Vineyards, Paraiso Vineyards, Hess Select, Graff Family Vineyard, Hahn Estates Smith & Hook and San Saba.