Rent to own Homes in Manteca, CA
Founded in 1861, Manteca is a small city of around 70,000 in San Joaquin County, Northern California. Enjoying hot summers and cool winters, the city has grown in recent decades as a consequence of rising house prices in the surrounding San Francisco Bay Area. Education and health are vital to the local economy, with major employers in the area, including the Manteca Unified School District, Kaiser Permanente, and the Doctors Hospital of Manteca.
Manteca, CA is a great place for affordable rent-to-own homes! With a median household income of over $76,846 and a median rent of $1,588, the Manteca, 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 Manteca, 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 Manteca, CA Property Resources
Rent to own Homes in Cities Near Manteca, CA
- August
- Bethel Island
- Byron
- Country Club
- Del Rio
- Discovery Bay
- Escalon
- Farmington
- French Camp
- Garden Acres
- Grayson
- Kennedy
- Knightsen
- Lathrop
- Lincoln Village
- Linden
- Lockeford
- Lodi
- Manteca
- Modesto
- Morada
- Mountain House
- Oakley
- Patterson
- Peters
- Ripon
- Riverdale Park
- Rouse
- Salida
- Stockton
- Taft Mosswood
- Terminous
- Tracy
- Vernalis
- Victor
- Waterloo
- Westley
- West Modesto
- Woodbridge
Popular Zip Codes in Manteca, CA
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Manteca, CA is seeing rapid growth and Manteca, CA's' housing market remains not optimal with an average home price that is 87% above the 2024 national average. Manteca, CA is part of San Joaquin 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 San Joaquin is 0.73% which is below the national average, which is 0.99%.
Median Home Price in Manteca, CA
Median Rent in Manteca, CA
Top Reasons to Live in Manteca CA
Housing Statistics Housing statistics suggest the area is ideal for people wanting a rent-to-own home; for a start, the median sales price for homes between May and Jul 2013 has risen 38.7 percent over the same period last year to $277,500. The residential turnover rate of 20 percent shows a significant number of homes are vacated every year; while 6.18 percent of properties are already vacant (35.6 percent of homes are rented, and 64.4 percent are owned). However, while the median price for sold homes has gone up, the number of sales has actually gone down by 28.4 percent. With prices rising rapidly, rent to own might be the best way to get the home you want.
Local Events and Festivals Manteca promotes itself as a family city, but the wine events will no doubt appeal to the childless as much as Mom and Dad. The Lodi Spring Wine Show in March and the First Sip Lodi Wine Weekend in November offer opportunities to sample local wines. Even when drinking isn't the priority, wine is a big part of the community's social calendar, as the annual photography competition organized by the Delicato Family Vineyards proves. This competition runs throughout June and was established following the successful Delicato Vineyards Annual Art Show, which celebrates 30 years in January 2014.
Nightlife Manteca's nightlife is centered along Yosemite Avenue, which runs horizontally through the middle of the city. You'll find your usual mix of sports bars, dance clubs, karaoke bars, and even a traditional dance hall offering line-dancing lessons. Then there's the Rusty Hook, which sounds like a tetanus jab waiting to happen but is actually the place you'll take visiting out-of-towners to prove that Manteca's nightlife is worth staying up well past bedtime for.
Local Shopping Shopaholics are unlikely to get their retail fix in Manteca at the moment, and special purchases may call for a trip to nearby Stockton. The Promenade Shops at Orchard Valley are home to about a dozen national chains but suffers from too many vacant spots - at least there's a cinema to keep you occupied. Thankfully, more stores are reportedly on the way, and as the economy begins to pick up, the promise of more ways to spend your cash is surely just around the corner.
Local Restaurants You'll know you've settled into Manteca when you start arguing passionately about who serves the best fajitas - although it's generally accepted that Yogofina on Hulsey Way serves the best desserts. There are certainly plenty of places to argue about, so fans of Mexican cuisine won't mind being proven wrong from time to time. Lovers of Asian food are also well served, with decent Thai, sushi and Chinese restaurants spread along Yosemite Avenue and Main Street, while the usual fast-food suspects are also ever-present. Unless you want to be in the thick of things, Yosemite and Main may not be the best place to look for rent-to-own houses.