Rent to own Homes in Oroville, CA
Originally known as Ophir City, Oroville, CA was born in 1854 when the first post office opened. Located at the base of the foothills of the Sierra Nevada, it sits on the banks of the Feather River at the mouth of Sacramento Valley. With mountains, rivers and flats all within easy driving distance, residents enjoy easy access to all of nature's bounty. They also get to experience all four seasons.
Oroville, CA is a great place for affordable rent-to-own homes! With a median household income of over $34,371 and a median rent of $887, the Oroville, 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 Oroville, 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 Oroville, CA Property Resources
Rent to own Homes in Cities Near Oroville, CA
- Bangor
- Berry Creek
- Biggs
- Browns Valley
- Brownsville
- Butte City
- Butte Creek Canyon
- Butte Valley
- Challenge
- Challenge-Brownsville
- Cherokee
- Chico
- Concow
- Durham
- Forbestown
- Forest Ranch
- Gridley
- Honcut
- Kelly Ridge
- Linda
- Live Oak
- Loma Rica
- Magalia
- Marysville
- Oregon House
- Oroville
- Oroville East
- Palermo
- Paradise
- Rackerby
- Richvale
- Robinson Mill
- South Oroville
- Thermalito
- Yankee Hill
- Yuba City
Neighborhoods in Oroville, CA
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No zip codes foundBuying a Home in Oroville, CA
Oroville, CA is seeing rapid growth and Oroville, CA's' housing market remains optimal with an average home price that is -12% below the 2024 national average. Oroville, CA is part of Butte 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 Butte is 0.58% which is below the national average, which is 0.99%.
Median Home Price in Oroville, CA
Median Rent in Oroville, CA
Top 4 Reasons to Move to Oroville, CA
Great home options! With the median time a home is on the market down to 60 days, making an offer quickly is the only way to go. If you take too long, you might miss out on a great rent to own property or a great deal on a direct sale. This is particularly true in highly desirable neighborhoods like Honcut/Bangor or Thermalito. Houses in these areas are often listed at more than $400,000.
Endless dining options! With everything from burgers to fine dining, Oroville has tons of restaurants and local hole-in-the-wall cafes serving surprisingly delicious fare. The Gold City Grille may have the best breakfast in the city, but they also do some great entree options. For an out-of-this-world burger, stop by Jake's Burgers and More. Downtown staples like Tong Fong Low offer dine-in and carryout Chinese food. Papacito's and Los Compadres both serve up some great Mexican cuisine. There are also several buffets, which offer food from around the world.
Find affordable rentals! People hear California and immediately think of real estate prices like those in San Francisco or Los Angeles, but Oroville prices are very reasonable, with a median rental price of only $717. South Oroville and Palmero have some of the most affordable housing options. A home in these neighborhoods typically has 3 to 4 bedrooms. Single-family homes make up the bulk of the real estate available at more than 75 percent.
Life is a party! In Oroville, the entertainment is non-stop with the Feather Falls Casino and Lodge as a venue. They have live music from bands like Spy Picnic and tribute group Led Zepagain. For more active entertainment and some adventure, try all-day paintball at Paintball International, or hit the trails from horseback with Lazy T Trail Rides. For a different take on open-air fun, be sure to hit the annual Oroville Salmon Festival to nibble on great eats and enjoy live entertainment.