Rent to own Homes in Santa Fe Springs, CA
A gateway city in southeast Los Angeles County, the city of Santa Fe Springs hosts a residential community of about 16,000 people. Located 13 miles from Downtown Los Angeles, the area is popular with people who wish to remain close to LA's major attractions while avoiding higher property costs. There's plenty to enjoy here: sunny days, lots of local amenities and an attractive housing market are only a handful of its many benefits!
Santa Fe Springs, CA is a great place for affordable rent-to-own homes! With a median household income of over $69,922 and a median rent of $1,505, the Santa Fe Springs, 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 Santa Fe Springs, 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 Santa Fe Springs, CA Property Resources
Rent to own Homes in Cities Near Santa Fe Springs, CA
- Beverly Hills
- Duarte
- East Pasadena
- Encino
- Glendora
- Granada Hills
- Hacienda Heights
- Harbor City
- Hawthorne
- Hermosa Beach
- Huntington Beach
- Huntington Park
- Industry
- Inglewood
- Irwindale
- La Canada Flintridge
- La Crescenta-Montrose
- Ladera Heights
- La Habra Heights
- La Puente
- Lennox
- Long Beach
- Los Angeles
- Lynwood
- Marina del Rey
- Maywood
- North Hollywood
- Norwalk
- Palos Verdes Estates
- Palos Verdes Peninsula
- Panorama City
- Paramount
- Pico Rivera
- Rolling Hills
- Rose Hills
- Rossmoor
- San Pasqual
- Sierra Madre
- South Monrovia Island
- South Whittier
- Tarzana
- Van Nuys
- Vincent
- Walnut
- West Carson
- West Covina
- Westminster
- West Puente Valley
- Whittier
- Wilmington
Neighborhoods in Santa Fe Springs, CA
Los Neitos rent to own homes Little Lake City rent to own homes Norwalk-La Mirada rent to own homesPopular Zip Codes in Santa Fe Springs, CA
90670 rent to own homesBuying a Home in Santa Fe Springs, CA
Santa Fe Springs, CA is seeing rapid growth and Santa Fe Springs, CA's' housing market remains not optimal with an average home price that is 113% above the 2024 national average. Santa Fe Springs, 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 Santa Fe Springs, CA
Median Rent in Santa Fe Springs, CA
Top 6 Reasons to Live in Santa Fe Springs, CA
Ample outdoor spaces! Learn why Santa Fe Springs is known as the City of Parks. Santa Fe Springs Park and Little Lake Park offer sports courts, playing fields and picnic areas, while Heritage Park is ideal if you'd like to explore the city's fascinating railroad history. The nearby Arroyo Pescadero Trail and Turnbull Canyon also offer great hiking opportunities.
Community events! The city's 286 annual sunny days give you plenty of chances to get out and meet your neighbors at events such as Fiestas Patrias, Pow Wow, and the weekly Santa Fe Springs Farmers Market.
Affordable Californian living! Home prices in Santa Fe Springs are steeper than in the rest of the country, but that's fairly typical for California. If you're set on living in this state, you'll benefit from a median home price that's almost 8 percent less than the California average. Rentals, including some rent to own options, cost around 1.5 percent less than in the rest of the state. Expect to pay around $1,200 for apartments in Villa Santa Fe and Four Winds.
Delicious dining! Enjoy a traditional Chinese restaurant at Birdnest Restaurant or treat yourself to American cuisine at the golf-themed Geezers. Mom's Deli and the Sandwich Box are the ideal pit stop for a light lunch.
Many available homes! Don't worry too much about finding the perfect digs; the six percent vacancy rate means plenty of homes from which to choose. Start your property search in neighborhoods like Los Nietos, Valla and the Gateway Center.
Local employment! Local employers include Vons, McMaster-Carr and Presto Food Products, but if you're looking for a specific career, you'll find plenty of variety across the state. Residents enjoy easy access to the Santa Ana and San Gabriel River Freeways, so you'll enjoy a commute that's just four minutes longer than the national average.