Rent to own Homes in Redlands, CA
Redlands, California, is located in San Bernardino County, around 60 miles outside of Los Angeles. The city, which was incorporated in 1888, got its name from the redness of the area's soil. Nicknamed "The Jewel of the Inland Empire," Redlands has a population of over 68,000.
Redlands, CA is a great place for affordable rent-to-own homes! With a median household income of over $81,265 and a median rent of $1,464, the Redlands, 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 Redlands, 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 Redlands, CA Property Resources
Rent to own Homes in Cities Near Redlands, CA
- Angelus Oaks
- Beaumont
- Big Bear Lake
- Bloomington
- Bryn Mawr
- Calimesa
- Canyon Lake
- Cherry Valley
- Colton
- Corona
- Crestline
- Crestmore Heights
- Fontana
- Forest Falls
- Glen Avon
- Good Hope
- Grand Terrace
- Green Acres
- Hemet
- Hesperia
- Highgrove
- Highland
- Home Gardens
- Homeland
- Jurupa Valley
- Lake Arrowhead
- Lake Mathews
- Loma Linda
- Lytle Creek
- March Air Reserve Base
- Meadowbrook
- Mentone
- Mira Loma
- Moreno Valley
- Norco
- Nuevo
- Oak Glen
- Oak Hills
- Ontario
- Pedley
- Rialto
- Romoland
- Rubidoux
- Running Springs
- San Bernardino
- San Jacinto
- Temescal Valley
- Warm Springs
- Winchester
- Yucaipa
Buying a Home in Redlands, CA
Redlands, CA is seeing rapid growth and Redlands, CA's' housing market remains not optimal with an average home price that is 95% above the 2024 national average. Redlands, CA is part of San Bernardino 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 Bernardino is 0.63% which is below the national average, which is 0.99%.
Median Home Price in Redlands, CA
Median Rent in Redlands, CA
Top Reasons to Live in Redlands CA
Housing Statistics On average, every square foot of housing in Redlands costs $179. This is a rise of 15.5% when compared to last year's numbers. For May 13 to July 13, the median price for homes was $299,000, calculated from a total of 253 sales. The number of sales in the area has dropped by 10.6% since last year. At the moment, there are 123 resale and new homes found in this location, in addition to 224 homes that are currently owned by the bank, in the auction stage or pre-foreclosure. These homes are available to rent to own. Within the city, 36.43% of residents rent their homes. 7.02% of spaces are unoccupied.
Nightlife Due to the influence of the University of Redlands, Redlands is a prime spot for nightlife within the county. Downtown is lined with great bars and pubs, purposefully designed for students who wish to bar-hop. Here, visitors will find drinks, food, music and entertainment. Some recommendations include Vault Martini Bar & Grill on 20 E Vine Street, The Royal Falconer Pub on 206 Orange Street, The Boiler Room, and for some post-drink snacking, Clara's Restaurant.
Arts and Culture Redlands has many cultural and historical sites and houses a range of different annual events. Locals and visitors enjoy the San Bernardino County Museum for displays of natural science and collections from the region. Also check out the Kimberley Crest House & Gardens for an 1897 chateau built within lush surroundings. The 1932 Lincoln Memorial Shrine and the Historical Glass Museum, which houses an exciting range of American glassware, are some other appealing attractions. There are also city-organized events, like the Redlands Bicycle Classic, which invites cyclists to partake in a 350 mile bicycle ride over four days. Be sure to check out for the Redlands Bowl Summer Music Festival and the Easter Egg Hunt for the kids.
Transportation and Commutes The Ontario International Airport is located 20 miles from Redlands. This is the town's local point of entry. For car travel, Redlands is located directly off the Interstate 10, which is east of the 215 Interstate. Within the city, Omnitrans bus system provides an efficient bus service for the entire city area. Traffic is usually quite light in the city, so driving is also an option. Additionally, Metrolink stops in the close-by San Bernardino.
Local Sports For sports lovers, the Redlands Bicycle Classic is a fantastic annual spring-time event. Other great opportunities include the Redlands Triathlon/Duathlon. This event allows participants to choose between a 5k run, 10 mile bike ride, 100 yard swim and a 5k run, 10 mile bike ride, 5k run-walk through the city. It is held every February and welcomes all. Run Through Redlands is another excellent public sporting event which was established in 1985 and takes place every March.