Rent to own Homes in Paramount, CA
Loads of cycle paths! Enjoy a beautiful bike ride alongside the Los Angeles River near the Long Beach Freeway or make your rounds of shopping by bike down Pacific Avenue. Check out the trails here on Trail Link.
Paramount, CA is a great place for affordable rent-to-own homes! With a median household income of over $57,313 and a median rent of $1,462, the Paramount, 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 Paramount, 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 Paramount, CA Property Resources
Rent to own Homes in Cities Near Paramount, 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 Cañada 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 Paramount, CA
Paramount rent to own homesPopular Zip Codes in Paramount, CA
90723 rent to own homesBuying a Home in Paramount, CA
Paramount, CA is seeing rapid growth and Paramount, CA's' housing market remains not optimal with an average home price that is 79% above the 2024 national average. Paramount, 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 Paramount, CA
Median Rent in Paramount, CA
Top 11 Reasons to Live in Paramount
Fun in the sun! If you love sunbathing or just spending hours in the fresh air, Paramount has lots of beautiful parks for you to enjoy. Paramount Park, located on Paramount Blvd is one of the most popular in the area. When the weather gets too hot to handle locals head on over to T. Mayne Thompson Park to take a dip in the large public pool.
Highly accessible by car! If driving is your main source of transportation, Paramount, California is the perfect city for you. There are three major freeways that border the city (Century Freeway, San Gabriel River Freeway and Long Beach Freeway) and major arterial streets to take you through to neighboring towns. The most frequented roads are Somerset Blvd. and Lakewood Blvd.
A neighborhood surrounded by popular neighbors! Paramount, California is sandwiched between some pretty well-known neighborhoods. A few of Paramount's most notable neighbors are Compton, Bellflower and Lakewood.
Near major transport hubs! Aside from being car-friendly, Paramount is in very close proximity to major forms of transport. If you decide to move here and you're expecting out of town guests, they can fly in to Long Beach Airport, located just 13 minutes south of the city. For those who don't like to fly, they can enter the area by Greyhound Bus, which arrives at the Paramount Greyhound Station.
Surfs up! Are you a surfer at heart? If so, you'll love Paramount's central location! A half-hour drive down the 710 Freeway will land you at one of the most popular beaches in California, Long Beach. Long Beach is just a stone's throw from Alamitos Bay. You can stop into the Seal Beach National Wildlife Refuge and catch a glimpse of the cutest seal pups around.
International cuisine! Paramount locals love to try new food. Paramount Blvd. is known for its endless string or eateries and cafes. A few of the most popular eateries down Paramount Blvd. are Rosewoods Restaurant and Japanese Castle.
Loads of rent to own homes! Paramount has a variety of rent to own houses to choose from. Locate the most popular two to four-bedroom rent to own options in neighborhoods like Alhambra Ave. and Downey Ave. Expect to pay about $911 for an average monthly rent for a studio.
Affordable homes for sale! If rent to own isn't what you're after, there are hundreds of homes for the sale in Paramount! Here, you can find everything from single-story bungalows to towering three-story condos. Check out neighborhoods like City Center and Racine Ave. There is currently a slim 5% vacancy rate in the city.
Apartments as far as the eye can see! Most apartments in Paramount are on a 6-month to one-year lease (although you may find a few month-to-month options). Check out homes on Garfield Ave. or Orange Ave. Expect to pay about $1,101 for rent for a one bedroom.
Rental homes at affordable prices! If you need extra space and apartments aren't cutting it for you, come see what Paramount's rental homes have to offer. If you want to live near water, look for homes near the Los Angeles River or Spane Park. You'll be able to make friends in town, too, since the annual residential turnover is only about 23%.