Rent to own Homes in Tracy, CA
Located between three interconnecting interstate highways, the 205, the 5 and the 580, the city of Tracy has a population of 82,922, according to the 2010 US census. Tracy is within San Joaquin County and is the second most populated city in the county. Because of its location, Tracy has great weather pretty much year round. It is nice and cool all year, with temperatures occasionally reaching into the 90s during the summer months, but sliding back to a more comfortable 60s to 70s range for the rest of the year. In its early days, Tracy experienced rapid growth and prosperity due to an abundant agricultural industry. Recently, many people from the Bay Area have moved to Tracy, looking for more affordable housing and a bit of peace and quiet that is practically impossible to find in the city these days.
Tracy, CA is a great place for affordable rent-to-own homes! With a median household income of over $95,741 and a median rent of $1,862, the Tracy, 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 Tracy, 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 Tracy, CA Property Resources
Rent to own Homes in Cities Near Tracy, CA
- August
- Bethel Island
- Byron
- Country Club
- Del Rio
- Discovery Bay
- Escalon
- Farmington
- French Camp
- Garden Acres
- Grayson
- Kennedy
- Knightsen
- Lathrop
- Lincoln Village
- Linden
- Lockeford
- Lodi
- Manteca
- Modesto
- Morada
- Mountain House
- Oakley
- Patterson
- Peters
- Ripon
- Riverdale Park
- Rouse
- Salida
- Stockton
- Taft Mosswood
- Terminous
- Tracy
- Vernalis
- Victor
- Waterloo
- Westley
- West Modesto
- Woodbridge
Neighborhoods in Tracy, CA
Muirfield rent to own homes California Collections rent to own homes Elissagaray Ranch rent to own homes Woodfield Estates rent to own homes Victoria Park rent to own homes Glenbriar Estates rent to own homes Presidio rent to own homes Hearthstone rent to own homes Eastlake rent to own homes Edgewood rent to own homesBuying a Home in Tracy, CA
Tracy, CA is seeing rapid growth and Tracy, CA's' housing market remains not optimal with an average home price that is 116% above the 2024 national average. Tracy, CA is part of San Joaquin 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 San Joaquin is 0.73% which is below the national average, which is 0.99%.
Median Home Price in Tracy, CA
Median Rent in Tracy, CA
Top Reasons to Live in Tracy CA
Housing Statistics The median rent in the city of Tracy is $1,290 per month, which when compared to larger cities in the state, is fairly affordable. The average home sale price is $386,800, and again, in comparison with the larger cities in California, that is an affordable price. The average listing price is $402,428. The rental vacancy rate is only 4.2%, so give yourself time if you are looking for a home to rent. You might have trouble at first finding one available that meets your needs.
Local Restaurants Tracy has some good eats. Lake of Fire is one such notable eatery. Located on N Tracy Blvd, locals come here for the delicious pizza and pasta dishes that are handcrafted by Chef Kevin Conway. Another local favorite is Dhaba Indian Cuisine on W Grant Line Rd. If you are a fan of Indian, this is a must-try restaurant. One last favorite worth noting is Town and Country Cafe on W 10th St. Owners Mike and Claudia have been pleasing customers with their breakfast and lunchtime menu since 2012. Combining a love of breakfast and burgers with a passion for baking, this duo has quickly become a local favorite.
Largest Employers and Industries In Tracy Some of Tracy's largest employers include Winco Foods, Target, Safeway, Costco and Macy's. Employers in the healthcare industry include Kaiser Permanente and Sutter Tracy Community Hospital. Manufacturing is also a big part of the local economy with companies such as Ameron International, Barbosa Cabinets, Temple Inland and Basalite Block.
Neighborhoods in Tracy Here are some Tracy neighborhoods you should know about: