Rent to own Homes in Reedley, CA
Located in beautiful Fresno County, Reedley has a population of 24,194. With gorgeous weather nearly the entire year, residents rave about the easy access to Kings River that offers spectacular boating and great fishing during the summer months. Today, the city is home to the River City Theatre Company, which is housed in one of the most historic and distinguished buildings in the city.
Reedley, CA is a great place for affordable rent-to-own homes! With a median household income of over $45,850 and a median rent of $973, the Reedley, 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 Reedley, 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.
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Rent to own Homes in Cities Near Reedley, CA
- Auberry
- Biola
- Bonadelle Ranchos
- Bonadelle Ranchos-Madera Ranchos
- Bowles
- Calwa
- Caruthers
- Centerville
- Clovis
- Del Rey
- Easton
- Fort Washington
- Fowler
- Fresno
- Friant
- Kerman
- Kingsburg
- La Vina
- Madera
- Madera Acres
- Madera Ranchos
- Malaga
- Mayfair
- Millerton
- Minkler
- Monmouth
- Old Fig Garden
- O Neals
- Parksdale
- Parkwood
- Parlier
- Prather
- Raisin City
- Raymond
- Reedley
- Sanger
- Selma
- Sunnyside
- Tarpey Village
- Tollhouse
- West Park
- Yosemite Lakes
Neighborhoods in Reedley, CA
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Reedley, CA is seeing rapid growth and Reedley, CA's' housing market remains not optimal with an average home price that is 0% above the 2024 national average. Reedley, CA is part of Fresno 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 Fresno is 0.65% which is below the national average, which is 0.99%.
Median Home Price in Reedley, CA
Median Rent in Reedley, CA
Top 6 Reasons to Live in Reedley
Steadily increasing home values! Reedley's median home values have risen 6.6 percent in the last year and are expected to continue rising another 4 percent in the coming year. Buyers can snag great deals on rent to own homes in neighborhoods like Minkler and the City Center.
Price cuts galore! A whopping 50 percent of homes for sale in Reedley have had a price cut, and 10.9 percent have sold below the original list price. As a result, Reedley is a true buyer's market with plenty of negotiating room to snag a great deal on an affordable home. The areas of S. Reed Avenue and N. Franwood have the most inventory available at a good price.
A city on the rise! In both 2009 and 2012, Reedley was named one of the "cities on the rise" in California because of its low unemployment rate and high economic growth. Today, Reedley maintains this designation with a vibrant downtown that features numerous local stores like the Reedley Trading Post and Sam's Shoe Store.
Historic downtown! From dining to shopping, Reedley offers numerous businesses for residents and visitors to take advantage of. Known for being a photography mecca in California, Reedley is home to two of the most popular studios in the state: Shinn Photography and the Blossom Trail Photo Studio.
An assortment of festivals! Celebrate the heritage of the city every October at the Reedley Fiesta, which features delicious food from local restaurants, amusement park rides, and live music from the Reedley School of Music.
Great food! Nicknamed the "World's Fruit Basket," Reedley has some of the most fertile land in the nation. Head to the annual Reedley Certified Farmers Market that is held every Wednesday in the summer or Lassens Natural Food for the best tasting produce, meat and veggies in the town.