Rent to own Homes in Soledad, CA
Soledad, CA is a small city of about 25,000 in Monterey County, an area known for its scenery and climate, as well as having dozens of wineries. However, tasting locally made wine is not the only fun thing to do here. Soledad also happens to be close to historic Mission Nuestra Senora de la Soledad, which was built in 1791 and from which the city got its name. Of course, there are other reasons to move here.
Soledad, CA is a great place for affordable rent-to-own homes! With a median household income of over $66,234 and a median rent of $1,231, the Soledad, 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 Soledad, 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 Soledad, CA Property Resources
Rent to own Homes in Cities Near Soledad, CA
Neighborhoods in Soledad, CA
No neighborhoods foundPopular Zip Codes in Soledad, CA
93960 rent to own homesBuying a Home in Soledad, CA
Soledad, CA is seeing rapid growth and Soledad, CA's' housing market remains not optimal with an average home price that is 89% above the 2024 national average. Soledad, CA is part of Monterey 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 Monterey is 0.51% which is below the national average, which is 0.99%.
Median Home Price in Soledad, CA
Median Rent in Soledad, CA
4 Reasons to Move to Soledad, CA
Newer homes! If you want a home that was built in the last decade or two, this city is a great place to look. The average home here was built 20 years ago, making the median home age about half of what it is in the rest of the nation. If you're trying to avoid buying a fixer upper, look for homes for sale or rent to own in areas like Jamesburg or Tassajara Hot Springs.
A variety of restaurants! You won't have to worry about going hungry in Soledad. There's a great selection of eateries here. If you're craving food from south of the border, head to Frankie's Grill, La Fuente Restaurant, or El Camaron Mex Grill. If you'd prefer American food, The Windmill is perfect, while China One Restaurant should fulfill your hankering for Asian cuisine. For something light and local to drink, check out local wineries like Paraiso Vineyards, Hahn Estate, or Wrath Wines.
City parks and programs! Soledad features plenty of outdoor places for residents to hang out. A few examples are Jesse Gallardo Park, Bill Ramos Park, and Peverini Park, all of which enjoy lush grass and trees for locals to enjoy. There is also the Soledad-Mission Recreation District, which organizes events and programs for residents. Activities include swimming lessons, lap swims and water aerobics at the local pool, along with softball, tennis and day camps. Events like the Grape Stampede, Movies in the Park and 4th of July Parade make it easy for residents to get together throughout the year.
Great home appreciation! When you buy a home in Soledad, you can benefit from a trend that has taken place over the last year. The area has a 19 percent home appreciation rate, which is nearly quadruple the average appreciation rate for the US. Take advantage of this pattern by looking at homes near Main Street or San Vicente Road, since these are conveniently close to the Bracero Memorial Highway that can take you north and south through California.