Rent to own Homes in West Puente Valley, CA
West Puente Valley is a place to savor beautiful weather and outdoor activity, and it also has a rich shopping culture. This former gold-rush town is now mainly a residential suburb, nestled in Southern California's Los Angeles County. Its name is derived from its proximity to La Puente, between Downtown Los Angeles and Pomona in the San Gabriel Valley. Its location gives residents easy access to bigger cities while still having the opportunity to enjoy a small-town lifestyle. With tons of sunshine, open space, and recreational activities, West Puente Valley is a favorable choice when looking for a new home.
West Puente Valley, CA is a great place for affordable rent-to-own homes! With a median household income of over $78,934 and a median rent of $1,688, the West Puente Valley, 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 West Puente Valley, 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.
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Rent to own Homes in Cities Near West Puente Valley, CA
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Neighborhoods in West Puente Valley, CA
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West Puente Valley, CA is seeing rapid growth and West Puente Valley, CA's' housing market remains not optimal with an average home price that is 109% above the 2024 national average. West Puente Valley, 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 West Puente Valley, CA
Median Rent in West Puente Valley, CA
6 Reasons to Move to West Puente Valley, CA
Affordable housing close to Downtown LA! While it's true that real estate prices in the Los Angeles Metropolitan Area are significantly above the national average, house hunters will get more bang for their buck in West Puente Valley. Median sale prices are 17.1 percent below the California average at $318,100 compared to $383,900 for the rest of the state. There is also a wide range of rent to own properties in the neighborhood. West Puente Valley's closeness to Downtown LA makes it an appealing option for commuters as North Puente Avenue connects onto the nearby San Bernardino Freeway.
Year-round sunny weather! West Puente Valley enjoys a very favorable climate with average July temperatures of 74F and mild winter temperatures with January averages of 55F. Puente Valley receives 284 days of sunshine. The Allen J. Martin Park in the east and Bassett Park to the west are perfect weekend spots to picnic and enjoy the weather.
Shopping fun! West Puente is rich with shopping destinations! Shoppers can visit the Westfield Santa Anita Mall, go discount shopping at the Citadel Outlets, head over to the Brea Mall, hit Los Cerritos Shopping Center, head over to the Westfield West Covina Mall, or just hang out at the Puente Hills Mall.
Fast-rising home values! In the past couple of years, West Puente Valley real estate prices have been rising fast. In the past 24 months, there has been a 28.56 percent rise in home values as the streets in between North Sunset Avenue and North Puente Avenue have grown in popularity.
The food is notoriously good! West Puente Valley is a great place for taco lovers. Rincon Tacos on Amar Road and El Oasis on Temple Avenue are two of the local favorites. In addition to tacos, the area has a great reputation for Chinese food at Din Tai Fung Dumpling House, American cuisine at the Yard House, and exquisite Cuban food at the Portos Bakery & Cafe.
Outdoor fun! For a fun day outdoors, there is nothing like a day at the Knott's Berry Park theme park. Or, if a quieter pace is more your style, you can head out for a day of hiking and enjoy wilderness at its best at the nearby Puente-Chino Hills Wildlife Corridor.