Rent to own Homes in Westminster, CA
Located in the heart of sunny Orange County, California, Westminster is famous for many reasons, including its neighborhood, Little Saigon, which has the highest municipal concentration of Vietnamese Americans in the country. The city has an excellent assortment of delicious ethnic food places, such as Banh Mi Che Cali (a sandwich shop), as well as a unique cultural make up. Though Westminster is close to the more energetic Huntington Beach and the more affluent Newport Beach, it stands alone as a quiet but fascinating town with an assortment of appealing diversions. The housing market is very strong, but California prices are sometimes surprising for those not from the state. Still, one can find a great house for a fairly reasonable rate in this family-friendly community.
Westminster, CA is a great place for affordable rent-to-own homes! With a median household income of over $67,142 and a median rent of $1,686, the Westminster, 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 Westminster, 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 Westminster, CA Property Resources
Rent to own Homes in Cities Near Westminster, CA
- Corona Del Mar
- Costa Mesa
- East Los Angeles
- El Monte
- Fountain Valley
- Hacienda Heights
- Harbor City
- Hawthorne
- Hermosa Beach
- Huntington Beach
- Huntington Park
- Industry
- Inglewood
- Irvine
- Laguna Woods
- La Habra Heights
- Lake Forest
- La Puente
- Lennox
- Long Beach
- Los Angeles
- Lynwood
- Maywood
- Montebello
- Monterey Park
- Norwalk
- Orange
- Palos Verdes Estates
- Palos Verdes Peninsula
- Paramount
- Pico Rivera
- Redondo Beach
- Rolling Hills
- Rose Hills
- Rossmoor
- San Gabriel
- Santa Ana
- Signal Hill
- Silverado
- South El Monte
- South Whittier
- Vernon
- Walnut
- Walnut Park
- West Carson
- West Covina
- Westminster
- West Puente Valley
- Whittier
- Wilmington
Neighborhoods in Westminster, CA
No neighborhoods foundPopular Zip Codes in Westminster, CA
92685 rent to own homes 92684 rent to own homes 92683 rent to own homesBuying a Home in Westminster, CA
Westminster, CA is seeing rapid growth and Westminster, CA's' housing market remains not optimal with an average home price that is 187% above the 2024 national average. Westminster, CA is part of Orange 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 Orange is 0.56% which is below the national average, which is 0.99%.
Median Home Price in Westminster, CA
Median Rent in Westminster, CA
Top Reasons to Live in Westminster CA
Housing Statistics The median population age of Westminster is 38, so many living here are families looking to put down roots. That's further evidenced by the low turnover rate, which comes in annually at around 18 percent. The average price for a home in the first quarter of 2013 was $407,034 and the median price came in at $405,000, well above the 2012 median of $387,000. Westminster certainly wasn't immune to the effects of the market crash, but the attractive location and firm footing of the inhabitants guaranteed the swift return to stability. Because of the high cost of living and housing inherent to Southern California, it's natural that Westminster should have a balance between renters and owners. Those hoping for home or townhouse ownership but unable to afford it presently should consider rent to own homes, but there is also a sizable share of renters. Owners make up 51.9 percent of the housing units, renters 43 percent, leaving a 5.1 percent vacancy rate, which is relatively low when compared to the rest of nation. Home values in Westminster remain strong and the market has more demand than availability, ensuring years of continued stability and growth.
School Systems Westminster has a school system with fairly impressive rankings. There are currently 12 public elementary schools. Eastwood Elementary, Susan B. Anthony Elementary and Post Elementary are rated highest among them. As for middle schools, there are three, with Sarah McGarvin Intermediate School rated the best. There are also three public high schools, with La Quinta taking first place. There are also four private schools of suitably impressive nature, but none of them continue through high school, stopping instead at eighth grade.
Local Events and Festivals Because of Westminster's large Asian population, there are many Vietnamese and Chinese themed events that happen annually. The largest event is Chinese New Year, which is celebrated with parades, floats, specialty foods from local bakeries, and firecrackers. This celebration coincides with the Tet Festival. It's very colorful and locals are especially enthusiastic about this enjoyable period from January to February. In the summer is the Summer Concert Series, where every Thursday night musicians play live for guests. Finally, the Blessed Sacrament Parish Festival occurs in May, and it features rides, games and raffles that appeal to the whole family regardless of religious affiliation.
Nightlife Westminster is a fairly quiet town, but there are always options for evening entertainment. Movie theaters dot the city, but there are also bars, billiards clubs, including International Billiards, and karaoke bars like Pegg Street. Many bars are open late as well, including XO Night Club and Q's Lounge Cafe and Restaurant. Drinks tend to be stiff and the clientele rambunctious, but everyone has a good time whether it's Wednesday or Saturday night.
Arts and Culture Culture is found everywhere in Little Saigon, but especially in the various modern art galleries and museums. The galleries are noted for their excellent selection and unusually reasonable prices, especially Art Center Gallery, located inside the Westminster Mall. It displays and sells pieces by Godard and Gabe Leonard, alongside popular tattoo-inspired artwork. The Westminster Historical Society has a museum and a park, and it showcases local artifacts from the city's history. It's a common location for student field trips and families picnicking on sunny weekends.