Rent to own Homes in Lompoc, CA

Homes you can afford. Whether you want a rent to own house or one that you purchase outright, options in Lompoc are far more affordable at a median list of $259,900, or $162/square foot, which compares to $413 a square foot in the Santa Barbara metro area. Median sale price is $218,500. Over 38% of homes range from 1,000 to 1,400 square feet, with 29% at 1,400 to 1,800 square feet.

Lompoc, CA is a great place for affordable rent-to-own homes! With a median household income of over $57,071 and a median rent of $1,224, the Lompoc, 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 Lompoc, 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.

Check out Lompoc, CA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
Hot
538 ANDROMEDA DR
Rent To Own
 
Single Family Home
Lompoc, CA 93436
4
4
3196 ft2
2005
1129 BELL AVE
Rent to Own Eligible
 
Townhouse/Condo
Lompoc, CA 93436
3
3
1448 ft2
1981
New
1 of 4 620 S C ST
Rent to Own Eligible
University Park
Single Family Home
Lompoc, CA 93436
3
2
1629 ft2
1963
New
1031 W WALNUT AVE
Rent to Own Eligible
 
Townhouse/Condo
Lompoc, CA 93436
2
2
1002 ft2
1981
414 W WALNUT AVE
Rent to Own Eligible
Downtown Lompoc
Single Family Home
Lompoc, CA 93436
2
2
1481 ft2
1897
617 NORTHBROOK DR
Rent to Own Eligible
 
Single Family Home
Lompoc, CA 93436
3
3
1652 ft2
1992
New
213 S E ST
Rent to Own Eligible
 
Single Family Home
Lompoc, CA 93436
3
3
2110 ft2
1976
410 S F ST
Rent to Own Eligible
 
Single Family Home
Lompoc, CA 93436
2
1
840 ft2
1946
2 OXFORD DR
Rent to Own Eligible
University Park
Single Family Home
Lompoc, CA 93436
3
2
2036 ft2
1966
New
649 UNIVERSITY DR
Rent to Own Eligible
University Park
Single Family Home
Lompoc, CA 93436
3
2
2028 ft2
1978
1009 ORCHID ST
Rent to Own Eligible
 
Single Family Home
Lompoc, CA 93436
4
2
1485 ft2
1961
New
1120 N DAISY ST
Rent to Own Eligible
 
Single Family Home
Lompoc, CA 93436
3
2
1090 ft2
1962
New
117 N 3RD ST
Rent to Own Eligible
 
Townhouse/Condo
Lompoc, CA 93436
2
2
1206 ft2
1979
1552 CALLE PRIMERA
Rent to Own Eligible
 
Single Family Home
Lompoc, CA 93436
3
2
1244 ft2
1959
120 WHITE SAGE LN
Rent to Own Eligible
 
Single Family Home
Lompoc, CA 93436
3
3
1758 ft2
2021
305 CHAPLIN CIR
Rent to Own Eligible
 
Single Family Home
Lompoc, CA 93436
3
2
1461 ft2
1989
New
424 S B ST
Rent to Own Eligible
 
Single Family Home
Lompoc, CA 93436
4
2
2052 ft2
1958
3873 JUPITER AVE
Rent to Own Eligible
 
Single Family Home
Lompoc, CA 93436
3
2
1388 ft2
1961
New
3650 RUCKER RD
Rent to Own Eligible
 
Single Family Home
Lompoc, CA 93436
3
2
1080 ft2
1962
242 ALTAIR AVE
Rent to Own Eligible
 
Single Family Home
Lompoc, CA 93436
4
2
1296 ft2
1962
New
3997 SPICA WAY
Rent to Own Eligible
 
Single Family Home
Lompoc, CA 93436
3
2
1617 ft2
1962
4242 RIGEL AVE
Rent to Own Eligible
 
Single Family Home
Lompoc, CA 93436
3
2
1555 ft2
1962
New
4412 AQUARIUS RD
Rent to Own Eligible
 
Single Family Home
Lompoc, CA 93436
4
2
1605 ft2
1977
46 STANFORD CIR
Rent to Own Eligible
 
Townhouse/Condo
Lompoc, CA 93436
2
2
1776 ft2
1977
975 E RICE RANCH RD
Rent to Own Eligible
Orcutt
Single Family Home
Santa Maria, CA 93455
3
1
1287 ft2
1974
430 S 1ST ST
Rent to Own Eligible
Orcutt
Single Family Home
Santa Maria, CA 93455
3
2
1120 ft2
2016
New
363 CRESCENT AVE
Rent to Own Eligible
Orcutt
Single Family Home
Santa Maria, CA 93455
4
3
2398 ft2
1978
217 BENJI LN
Rent to Own Eligible
Orcutt
Single Family Home
Santa Maria, CA 93455
3
3
1350 ft2
1992
4854 HARMONY LN
Rent to Own Eligible
Orcutt
Single Family Home
Santa Maria, CA 93455
3
2
1357 ft2
1961
4585 FOXENWOOD LN
Rent to Own Eligible
Orcutt
Townhouse/Condo
Santa Maria, CA 93455
2
3
1832 ft2
1975
New
4608 HARMONY LN
Rent to Own Eligible
Orcutt
Single Family Home
Santa Maria, CA 93455
4
2
2131 ft2
1979
560 PARKVIEW N
Rent to Own Eligible
Orcutt
Townhouse/Condo
Santa Maria, CA 93455
3
3
1580 ft2
1982
3897 MIRA LOMA DR
Rent to Own Eligible
Orcutt
Single Family Home
Santa Maria, CA 93455
4
2
1640 ft2
1995
3879 LES MAISONS DR
Rent to Own Eligible
Orcutt
Single Family Home
Santa Maria, CA 93455
3
2
1568 ft2
1996
New
2041 SANDALWOOD DR
Rent to Own Eligible
Tanglewood
Single Family Home
Santa Maria, CA 93455
3
3
1248 ft2
1960
3425 MARVIN ST
Rent to Own Eligible
Orcutt
Single Family Home
Santa Maria, CA 93455
3
1
1516 ft2
1959
3429 SATINWOOD RD
Rent to Own Eligible
Tanglewood
Single Family Home
Santa Maria, CA 93455
3
1
1212 ft2
1960
New
597 FAIR OAKS DR
Rent to Own Eligible
Waller Park Majestic
Single Family Home
Santa Maria, CA 93455
4
2
1499 ft2
1959
512 VENTURA RD
Rent to Own Eligible
Park Villas
Single Family Home
Santa Maria, CA 93455
3
2
2312 ft2
2000
844 STACY ANN TER
Rent to Own Eligible
Bradley Square
Single Family Home
Santa Maria, CA 93455
4
3
1827 ft2
2004
New
2554 OCOTILLO AVE
Rent to Own Eligible
 
Single Family Home
Santa Maria, CA 93455
4
3
1924 ft2
1978
New
310 E MCCOY LN #3G
Rent to Own Eligible
 
Townhouse/Condo
Santa Maria, CA 93455
3
2
1130 ft2
2003
310 E MCCOY LN #5L
Rent to Own Eligible
 
Townhouse/Condo
Santa Maria, CA 93455
2
2
1130 ft2
2003
New
2431 SPYGLASS CT
Rent to Own Eligible
Country Club Village
Single Family Home
Santa Maria, CA 93455
3
3
1972 ft2
1986
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Buying a Home in Lompoc, CA

Lompoc, CA is seeing rapid growth and Lompoc, CA's' housing market remains not optimal with an average home price that is 55% above the 2024 national average. Lompoc, CA is part of Santa Barbara 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 Santa Barbara is 0.51% which is below the national average, which is 0.99%.

Median Home Price in Lompoc, CA

Median Rent in Lompoc, CA

Rent to own homes offer low monthly payments and flexible terms.

Top 8 Reasons to Live in Lompoc

Trail of great taste. The Lompoc Wine Trail tantalizes the taste buds with superb vintages from the local vineyards. Wineries such as Longoria welcome visitors to sample offerings at their tasting rooms. If you're planning on visiting several places in the same day, go as early as 11 a.m. (which is when they open). It gets busier as they day wears on.

Stop and smell the flowers. The area's consistent temperate climate brings out the best in blooms -such as Sweet Peas - during flower season, which runs from May until mid-August. Celebrate with the Lompoc Flower Festival, which is held for five days in June, and features a carnival, food booths, and entertainment. The highlight is the parade, which includes floats made of flowers or natural materials, equestrian units, bands and drill teams. "

Can't lose" home values. Although Lompoc home values bottomed out in early 2012, they've risen over 20.8% in the past year. Prices are predicted to increase by 7.7% in the coming year, which makes investing in real estate a "can't lose" proposition.

Honor history. Historical artifacts and documents find refuge at the Lompoc Valley Historical Society, which has its headquarters at the Fabing-McKay-Spanne House, a Victorian farmhouse decorated in early 1900s style. The property features a Blacksmith Shop in the old garage.

Appreciate art. Lompoc is known as the city of art and you'll find superb works from over 60 local artists at the Cypress Gallery. The largest examples of visual expression appear as exterior murals on both public and private buildings. You can find a map online or in-person at the Gallery or Chamber of Commerce.

Outdoor delight. You can spend an active afternoon or a lazy Sunday at over a dozen parks administered by the city. Johns-Manville Park, for example, contains 6.5 acres of baseball fields, a basketball court, BBQ grills, and mature trees. The enormous Beattie Park ranges over 50 acres and boasts horseshoe pits, disk golf, a fitness trail and horseshoe pits.

Many rent to own options. Almost 75% of the residences consist of single-family homes, and yet almost 50% of the residents are renters. This ups your chances of finding a rent to own home to call your own. Check with an agent from the Lompoc Valley Association of Realtors to find suitable properties.