Rent to own Homes in Woodcrest, CA
Woodcrest, California, a suburb of Riverside, has seen increased growth recently because of its proximity to the Los Angeles metro area and lower cost of living. Although it claims a Riverside address, Woodcrest residents will tell you it is a city unto itself. For commuters, it's an easy, 15-30 minute drive to Riverside's commercial center, amenities. A mild climate and lots of sunny weather means plenty of play options throughout the area.
Woodcrest, CA is a great place for affordable rent-to-own homes! With a median household income of over $111,571 and a median rent of $1,917, the Woodcrest, 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 Woodcrest, 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 Woodcrest, CA Property Resources
Rent to own Homes in Cities Near Woodcrest, CA
- Anaheim
- Beaumont
- Bloomington
- Bryn Mawr
- Cherry Valley
- Colton
- Crestmore Heights
- Eastvale
- Fontana
- French Valley
- Glen Avon
- Good Hope
- Grand Terrace
- Green Acres
- Homeland
- Jurupa Valley
- Lake Arrowhead
- Lake Elsinore
- Lake Forest
- Lakeland Village
- Lake Mathews
- Lakeview
- Loma Linda
- March Air Reserve Base
- March ARB
- Meadowbrook
- Mead Valley
- Menifee
- Mentone
- Mira Loma
- Moreno Valley
- Muscoy
- Norco
- Oak Glen
- Ontario
- Pedley
- Perris
- Rancho Santa Margarita
- Redlands
- Riverside
- Romoland
- Rubidoux
- San Jacinto
- Silverado
- Sunnyslope
- Warm Springs
- Wildomar
- Winchester
- Woodcrest
- Yucaipa
Popular Zip Codes in Woodcrest, CA
No zip codes foundBuying a Home in Woodcrest, CA
Woodcrest, CA is seeing rapid growth and Woodcrest, CA's' housing market remains not optimal with an average home price that is 127% above the 2024 national average. Woodcrest, CA is part of Riverside 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 Riverside is 0.8% which is below the national average, which is 0.99%.
Median Home Price in Woodcrest, CA
Median Rent in Woodcrest, CA
Top 7 Reasons to Live in Woodcrest, CA
Lower mortgages! Real estate prices areas around Suttles Drive and King Ave. are about 13 percent below the market average for the state, making it one of the more affordable areas in southern California. The percentage of homes for sale in the Woodcrest area is about four percent above the state average, an advantage for those who enjoy living within commuting distance of Anaheim, Riverside and Los Angeles.
Home sales are heating up! About five percent of the homes on the Woodcrest market sold in the last six months, compared to two percent across the state, and one percent in the nation. The stylish neighborhood of Skyridge and areas around Van Buren Blvd. offer an easy commute of downtown Riverside. Rent to own properties offer a great way to find that perfect community.
International cuisine! East meets west on your plate at the Grapow Thai Restaurant. The unique Asian-fusion menu puts a very interesting spin on traditional dishes like pad Thai and teriyaki beef. Coco's Bakery Restaurant offers family dining at three all-day locations. It features fresh baked goods and gluten-free dishes.
Great museums! The nearby March Field Air Museum displays aircraft from all eras of flight. Museum goers will enjoy a stop at the Sherman Indian Museum, with its Native American art and culture displays.
Lovely parks! One of the finest green spaces in the area is the Sycamore Canyon Wilderness Park. You can also tour nearby California Citrus State Historical Park, which highlights the area's remarkable history.
Go to the theater! The Fox Performing Arts Center features musical, dance and theater performances. The Box Theater, also part of the Fox Entertainment Plaza, hosts local and traveling theater performances of all forms of media.
A night on the town! The Sevilla Night Club has live performances, dancing and theme nights within an easy drive of home. Worthington's Tavern, with more than 12 international beers on tap, is the place to head to if you like dancing, live music, and good beer.