Rent to own Homes in Manhattan Beach, CA
A coastal town just southwest of Los Angeles, Manhattan Beach is known mostly for beach volleyball and surfing. In fact, each sport holds its own festival locally each year. While home prices might be a little higher than average here, residents say the plethora of green ways and walking trails, the stretches of sandy beach, and the enviable Southern California weather with pleasant summers and even more temperate winters more than makes up for it.
Manhattan Beach, CA is a great place for affordable rent-to-own homes! With a median household income of over $153,926 and a median rent of $2,582, the Manhattan Beach, 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 Manhattan Beach, 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 Manhattan Beach, CA Property Resources
Rent to own Homes in Cities Near Manhattan Beach, 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 CaƱada 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 Manhattan Beach, CA
No neighborhoods foundBuying a Home in Manhattan Beach, CA
Manhattan Beach, CA is seeing rapid growth and Manhattan Beach, CA's' housing market remains not optimal with an average home price that is 820% above the 2024 national average. Manhattan Beach, 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 Manhattan Beach, CA
Median Rent in Manhattan Beach, CA
Top 6 Reasons to Live in Manhattan Beach, CA
A workable vacancy rate! The population is slowly increasing here, so there's no population explosion making it difficult to find rent to own houses. Homes for rent account for about a third of the homes in Manhattan Beach, plus the vacancy rate is close to the national average. You'll have plenty of time to find your ideal spot, even in popular neighborhoods like Downtown or the Sepulveda Corridor.
Get More Bang for Your Buck! With a per capita income four times the national average and property taxes lower than the national average ($8.22 compared to $12.07), residents have higher paychecks to spend on housing, dancing the night away at Zinc at Shade Hotel, or cheering on a favorite team at the Hangar Inn.
Museums and cultural centers abound! Kids (and fish-loving adults) will love the Roundhouse Marine Studies Lab and Aquarium, while the Manhattan Beach Historical Society and Museum is a popular spot for history enthusiasts. Other popular cultural sites include the Automobile Driving Museum and the El Segundo Museum of Art, both within a few miles of downtown.
Limitless recreational opportunities! With "beach" in the town name, obviously watersports like sailing, surfing and boating are popular here. Landlubbers will also find plenty to cheer about. Live concerts are staged in the amphitheater at Polliwog Park, while the Green Belt is a pedestrian-friendly walkway that winds nearly three miles through town and is a popular spot to jog or walk your dog.
Fun annual events! The City of Manhattan Beach has hosted an annual Hometown Fair at Live Oak Park in downtown Manhattan Beach for 50 years. A popular event for residents and locals from the surrounding area, the fair is designed to raise money for local charities.The annual lighting of the pier is a popular holiday tradition, too.
A plethora of cuisine options! Manhattan Beach has tons of eateries to choose from. You can have raw oysters at Fishing with Dynamite, munch on a pulled pork pancino at Simmzy's, or enjoy a plate of bahn mi at Marine Street Cafe, all while staying within the city limits.