Rent to own Homes in Poway, CA
Great weather! Poway is inland just enough to experience less coastal fog but close enough to the Pacific to avoid extreme heat in the summer. Stroll through a neighborhood park like Aubrey Park or Poway Community Park on a sunny afternoon.
Poway, CA is a great place for affordable rent-to-own homes! With a median household income of over $115,332 and a median rent of $1,630, the Poway, 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 Poway, 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 Poway, CA Property Resources
Rent to own Homes in Cities Near Poway, CA
- Bonita
- Bonsall
- Bostonia
- Camp Pendleton Mainside
- Camp Pendleton North
- Camp Pendleton South
- Cardiff By The Sea
- Carlsbad
- Casa de Oro-Mount Helix
- Chula Vista
- Coronado
- Crest
- Del Dios
- Del Mar
- El Cajon
- Elfin Forest
- Encinitas
- Escondido
- Eucalyptus Hills
- Fairbanks Ranch
- Fallbrook
- Granite Hills
- Harbison Canyon
- Harmony Grove
- Hidden Meadows
- Jamul
- La Jolla
- Lake San Marcos
- Lakeside
- La Mesa
- La Presa
- Lemon Grove
- National City
- Oceanside
- Pala
- Pauma Valley
- Poway
- Ramona
- Rancho San Diego
- Rancho Santa Fe
- San Diego
- San Diego Country Estates
- San Marcos
- Santee
- Solana Beach
- Spring Valley
- Valley Center
- Vista
- Winter Gardens
Neighborhoods in Poway, CA
No neighborhoods foundBuying a Home in Poway, CA
Poway, CA is seeing rapid growth and Poway, CA's' housing market remains not optimal with an average home price that is 229% above the 2024 national average. Poway, CA is part of San Diego 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 Diego is 0.61% which is below the national average, which is 0.99%.
Median Home Price in Poway, CA
Median Rent in Poway, CA
10 Reasons to Live in Poway
Rising home values! The median sales price for a home in March 2014 was $560,000, up a full 23.1% from a year before. Rent to own houses can be a way to get in on this sizzling market. The areas around Poway High School in the north or Poway Sports Park in the south are popular.
Old Poway Park! It's one of the city's favorite attractions - Try the Saturday Farmer's Market, or take in one of the living history exhibits. Shop for fun crafts or stroll among the giant oak trees. The pedestrian mall on Midland Road adds to the experience.
Apartment choices! Look to some of the mid-size complexes like Summerlyn on Midland Road or Willow Creek on Hilleary Place, or consider a duplex or detached home. Don't forget to think about rent to own opportunities.
Hiking and biking! Taking a hike up Iron Mountain is popular here. About 5 miles of trails lace the mountain and range from fairly easy to moderate - and the views from the top are amazing! Sycamore Canyon Preserve and Goodan Ranch have about 10 miles of trails waiting to be explored as well.
Great places to grab a bite! Get some fantastic Italian fare at Villa Capri on Pomerado or swing into Poway Sushi Lounge right on Poway Road for exquisite sushi rolls with unique designs. Also on Poway Road is Creekside Plaza, with numerous eateries and shops.
Still opportunities to buy! While the median sales price has gone up substantially, the average list price is down. That means the conditions are in flux between being a buyer's or seller's market. Rent to own homes are still a part of the equation. Take a break from house hunting at the Company Pub & Kitchen on County Highway S4 or El Ranchito Taco Shop on Poway Road.
Hit the links! Find nice golfing opportunities when you take to the greens at Maderas Golf Club or on the north side of town at Stoneridge Country Club.
Play on the water! Lake Poway offers fishing and boating, as well as great sun lounging along it's shores. Want to catch some waves? It's just a short jaunt to the west to get to the Pacific Ocean beaches.
High level of home ownership! Homes in town are around 76% owner occupied, which can indicate a desire to live here and be part of the community. It is expensive, however. Some of the highest value homes are in the Espola Road and Blue Crystal Trail communities.