Rent to own Homes in Norco, CA
The motto of Norco is city living in a rural atmosphere, and this city of 27,063 embodies that credo. Located in Riverside County in the Inland Empire region of Southern California, Norco is a place with luxurious suburban homes as well as small farms. Norco is minutes from Orange County, over an hour east of Los Angeles and two hours north of San Diego. It's also close to beaches, mountains, and deserts.
Norco, CA is a great place for affordable rent-to-own homes! With a median household income of over $106,370 and a median rent of $1,831, the Norco, 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 Norco, 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 Norco, CA Property Resources
Rent to own Homes in Cities Near Norco, CA
- Anaheim
- Beaumont
- Bloomington
- Bryn Mawr
- Cherry Valley
- Colton
- Crestmore Heights
- Eastvale
- Fontana
- French Valley
- Glen Avon
- Good Hope
- Grand Terrace
- Green Acres
- Homeland
- Jurupa Valley
- Lake Arrowhead
- Lake Elsinore
- Lake Forest
- Lakeland Village
- Lake Mathews
- Lakeview
- Loma Linda
- March Air Reserve Base
- March ARB
- Meadowbrook
- Mead Valley
- Menifee
- Mentone
- Mira Loma
- Moreno Valley
- Muscoy
- Norco
- Oak Glen
- Ontario
- Pedley
- Perris
- Rancho Santa Margarita
- Redlands
- Riverside
- Romoland
- Rubidoux
- San Jacinto
- Silverado
- Sunnyslope
- Warm Springs
- Wildomar
- Winchester
- Woodcrest
- Yucaipa
Neighborhoods in Norco, CA
Norco Ridge Ranch rent to own homes Norco Hills rent to own homes Norco Farms rent to own homes River Trails Park rent to own homesPopular Zip Codes in Norco, CA
92860 rent to own homesBuying a Home in Norco, CA
Norco, CA is seeing rapid growth and Norco, CA's' housing market remains not optimal with an average home price that is 157% above the 2024 national average. Norco, CA is part of Riverside 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 Riverside is 0.8% which is below the national average, which is 0.99%.
Median Home Price in Norco, CA
Median Rent in Norco, CA
Top 4 Reasons to Live in Norco, CA
Great for horse lovers! Living in Norco is a horse lover's dream, as the city is filled with miles of horse trails, with hitching rails and corrals all over town to park your animal while doing errands. Known as Horsetown U.S.A, Norco is the home of the George Ingalls Esquestrian Events Center, which holds horse shows on the weekends, free public rides and the California Finals Rodeo. Horseback riding is also a big part of the Norco Fair, which takes place Labor Day weekend and involves a beauty pageant, rodeo, calf roping, and a pet parade, among other events.
New housing stock! Norco saw a huge uptick in home construction in the late 1990s and early 2000s, making it a great city to find rent to own houses. Some areas that have newer houses for sale are the Norco Hills area in the southeastern part of the city, which saw quite a bit of new home construction in the early 2000s, and the area around the Naval Surface Warfare Center closer to downtown.
Great for commuters! Norco's location just northeast of Orange County and south of Ontario International Airport make it a great location for commuters, who can enjoy the laid back country atmosphere while still being close to work. Neighborhoods with a lot of homes for commuters are the Hamner Avenue/Norco Drive area in the northern part of the city along the Santa Ana River and the City Center area. Their proximity to Interstate 15 makes them hot spots for commuters, as they have extremely low vacancy rates.