Rent to Own Homes in Temecula, CA

Temecula, California, is a city of about 103,000 people in an area that is about an hour from Los Angeles, San Diego, and Orange County. Its central location is attractive to many commuters in Southern California, but in recent years it has also become known as a growing city with great schools, nice neighborhoods, and plenty of shopping. In addition, Temecula's wine country is a popular attraction all on its own, with 35 wineries that offer wine tasting, tours, and perfect views of gorgeous rolling hills. Other attractions in Temecula include several golf courses, malls, and Pechanga Resort and Casino.

Photo
Listing Type
Description
Price
Financing
Nearest
Details
Da98f635d3ae0d1ac7eda0052870ab38
Listing Type
REO Foreclosure
Description

4 Beds, 2 Baths

Temecula, CA 92591

Accepting Offers

Price
Click for Deals
Financing
Bad Credit Accepted
Nearest
School: Temecula Valley Adult
Grocery: Shell Food Mart
Restaurant: Green Burrito
Get More Details
598079b070872913b817f4d95bffcf51
Listing Type
Fannie Mae/Freddie Mac
Description

4 Beds, 3 Baths

Temecula, CA 92591

Accepting Offers

Price
Click for Deals
Financing
Bad Credit Accepted
Nearest
School: Vintage Hills Elementary
Grocery: Barons Marketplace
Restaurant: Wendi's Donuts
Get More Details
08c707e6f0525e5b62ca5875394d82ca
Listing Type
REO Foreclosure
Description

3 Beds, 2 Baths

Temecula, CA 92591

Accepting Offers

Price
Click for Deals
Financing
Bad Credit Accepted
Nearest
School: Abc Village
Grocery: Lazy Brother Neighborhood Mkt
Restaurant: Rodrigo's Mexican Grill
Get More Details
284ca959833d86beab5e9ce84735ad6c
Listing Type
REO Foreclosure
Description

4 Beds, 2 Baths

Temecula, CA 92592

Accepting Offers

Price
Click for Deals
Financing
Bad Credit Accepted
Nearest
School: Vail Elementary
Grocery: Shell Food Mart
Restaurant: Ichiban Bath Co
Get More Details
64efdbf3f64b0e350daeb98e1e15aa9b
Listing Type
Fannie Mae/Freddie Mac
Description

4 Beds, 2 Baths

Temecula, CA 92592

Accepting Offers

Price
Click for Deals
Financing
Bad Credit Accepted
Nearest
School: Jackson (Helen Hunt) Elementary
Grocery: Calif-Pacific Products Inc
Restaurant: Great Oak At Pechanga Resrt
Get More Details
68fac22ecf9d723883db55c69533451d
Listing Type
REO Foreclosure
Description

4 Beds, 3 Baths

Temecula, CA 92592

Accepting Offers

Price
Click for Deals
Financing
Bad Credit Accepted
Nearest
School: Temecula Luiseno Elementary
Grocery: Calif-Pacific Products Inc
Restaurant: Great Oak At Pechanga Resrt
Get More Details
6bf4192821c51de0ee65e7944896a13d
Listing Type
For Sale By Owner
Description

4 Beds, 2 Baths

Temecula, CA 92592

Accepting Offers

Price
Click for Deals
Financing
Bad Credit Accepted
Nearest
School: Temecula Middle School
Grocery: Henry's Market Place
Restaurant: Frank & Anna Farms
Get More Details
15c7c2b5ecfcc0cfd63953a90a51781e
Listing Type
REO Foreclosure
Description

4 Beds, 3 Baths

Temecula, CA 92592

Accepting Offers

Price
Click for Deals
Financing
Bad Credit Accepted
Nearest
School: Red Hawk Elementary
Grocery: Calif-Pacific Products Inc
Restaurant: Great Oak At Pechanga Resrt
Get More Details
923432fa0eeca7e10a3c347a854ead1d
Listing Type
Fannie Mae/Freddie Mac
Description

4 Beds, 2 Baths

Temecula, CA 92591

Accepting Offers

Price
Click for Deals
Financing
Bad Credit Accepted
Nearest
School: Nicolas Valley Elementary
Grocery: Henry Farmers Market
Restaurant: Yogurt Factory
Get More Details

Housing Statistics

The median cost of homes in Temecula is about $348,000. Of course, condominiums tend to sell for less, with an average sales price of about $259,000 compared to $353,000 for single-family homes. The latter property type is most popular in Temecula. In fact, in July 2013, only 10 condos sold, while 204 houses sold in the same month. About 65% of the homes here are occupied by owners, while about 29% are occupied by renters. The vacancy rate in Temecula is only about 6.5%, so whether you're looking for properties to buy, rent, or rent to own, it might take some time to find what you need.

Local Shopping

One of the main shopping areas in Temecula is the Promenade Mall. It is fairly new, having opened in 1999. It features four department stores and hundreds of smaller places to shop and eat. There are also several smaller shopping centers located around Temecula, such as Redhawk Town Center and Palm Plaza. In addition, Old Town Temecula has lots of shopping options, with plenty of antique stores, boutiques, and tiny shops that sell gourmet food and local wines. You can buy everything from home furnishings and clothing for the whole family to collectibles and artwork when you visit the historic buildings that make up Old Town.

Largest Employers and Industries

Some of the top industries in Temecula include tourism, healthcare, and education. More specifically, the top employers are Pechanga Resort and Casino, Abbott Laboratories, and Temecula Valley Unified School District. These companies employ about 3,500, 3,100, and 2,700 people, respectively. The many grocery and department stores in Temecula also employ a few hundred residents each. If you are considering moving here, note that the unemployment rate has been gradually decreasing in recent years. An unemployment rate that was once upwards of 10% is closer to 7% as of August 2013.

Neighborhood Guide

As you look for homes for sale or rent in Temecula, you'll notice that the neighborhoods here are mostly master planned communities built within the last decade or two with their own parks, schools, and homes. Here is an overview of some of the most well-known neighborhoods in Temecula.

Redhawk: The Redhawk Golf Club is the crown jewel of this neighborhood. You'll also find lots of homes that are well-kept, affordable, and near trees, walking paths, and Redhawk Elementary School. Just down Redhawk Parkway is a bustling shopping center for your convenience, and on the way there is a dog park.

Vail Ranch: This area shares a lot of parks and schools with Redhawk, but the homes tend to have smaller floor plans and are therefore even more affordable. The quiet, safe feel of the area is also of note, and the homes here are not governed by an HOA.

Paseo Del Sol: This area has its own large park named after the community. It also includes Abby Reinke Elementary School, which is just one the local schools that ranks well.

Morgan Hill: This is among the most expensive neighborhoods in Temecula. It features a community club and a park, and it's within a short distance of several schools and major streets, such as Temecula Parkway.

Crowne Hill: North of Temecula Parkway, this area has several peaceful parks and newer, reasonably priced homes.

Wolf Creek: This area's main attraction is the Pechanga Resort and Casino. But it's also known for nice, fairly expensive homes for rent and for sale. Plus, it's conveniently close to the I-15 freeway and several good schools.