Rent to own Homes in South Pasadena, CA
Pasadena is often mentioned as a city where you can grab the best burgers and witness talented artists performing on the street; however, this city offers so much more. For one, you can grab a pretty decent slice of pizza at Nonna's Pizzeria, and it offers more than 50 different salons and beauty parlors, so a makeover is never hard to come by. Residents here enjoy sunny weather for most of the year, with an average temperature range between 70 and 82 degrees Fahrenheit.
South Pasadena, CA is a great place for affordable rent-to-own homes! With a median household income of over $109,927 and a median rent of $1,830, the South Pasadena, 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 South Pasadena, 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 South Pasadena, CA Property Resources
Rent to own Homes in Cities Near South Pasadena, 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 South Pasadena, CA
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South Pasadena, CA is seeing rapid growth and South Pasadena, CA's' housing market remains not optimal with an average home price that is 412% above the 2024 national average. South Pasadena, 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 South Pasadena, CA
Median Rent in South Pasadena, CA
Top 5 Reasons to Live in South Pasadena,CA
A foodie's heaven - Pasadena is often highlighted in food magazines, foodie blogs and even food-centric television shows - and with good reason! In South Pasadena, it's near impossible to pass down any major artery without seeing an eclectic mix of eateries. So many in fact, that most people can't pick one, so they'll eat appetizers at one, a main course at another, desserts at another and cocktails at another. Check out restaurants such as Firefly or Bistro de la Gare.
Best Mexican cuisine north of the border - While the vast majority of eateries in South Pasadena are American-fusion, there are a number of Mexican restaurants that are almost impossible to get a seat in. LaFiesta Grande offers traditional fare like enchiladas, tacos and flautas as authentic as they are south of the border. Caramba Mexican is another highly visited cafe known for its authentic recipes and especially its Mole.
Give your neighbors a "run" for their money - If staying in shape is a top priority, South Pasadena welcomes you. The weather is warm, the city is open, and there are many parks in the area. Most parks in South Pasadena offer sporting facilities, but a few have beautiful running trails. Lacy Park and Garfield Park are two picture-perfect recreational areas for those who love to jog.
Plentiful homes for rent - Rent to own homes are a staple to the town of South Pasadena. These homes range from quaint two-bedroom bungalows to seven-bedroom mini-mansions, each offering its own unique appeal and selling points. Luckily, homes of all sizes are available here to rent and depending on the size, the rental can be as low as $1,400 per month. Look for homes in South Pasadena Heights or the Terraces at South Pasadena.
Tons of affordable homes for sale by owner - If renting isn't an option and purchasing is more appealing, there are always dozens of homes for sale. These are large family homes with an asking price starting at $600,000 plus. Look for homes around Garfield Ave or Oak St.