Rent to own Homes in Belmont, CA
The beatific city of Belmont is located in San Mateo County and nestled between the neighboring cities of San Mateo and San Carlos. The population of this city is around 26,000 at last census count, and it occupies a little less than five square miles. Much of Belmont is lush and green, as the city has a number of parks and recreation areas.
Belmont, CA is a great place for affordable rent-to-own homes! With a median household income of over $160,046 and a median rent of $2,546, the Belmont, 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 Belmont, 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 Belmont, CA Property Resources
Rent to own Homes in Cities Near Belmont, CA
- Alameda
- Albany
- Ashland
- Atherton
- Belvedere Tiburon
- Berkeley
- Brisbane
- Broadmoor
- Burlingame
- Castro Valley
- Cherryland
- Colma
- Cupertino
- Daly City
- Dublin
- East Palo Alto
- El Granada
- Emerald Lake Hills
- Emeryville
- Fairview
- Foster City
- Fremont
- Hayward
- Highlands
- Hillsborough
- Ladera
- La Honda
- Los Altos
- Los Altos Hills
- Loyola
- Menlo Park
- Millbrae
- Montara
- Newark
- Norris Canyon
- North Fair Oaks
- Pacifica
- Redwood City
- San Bruno
- San Carlos
- San Francisco
- San Gregorio
- San Leandro
- San Mateo
- Santa Clara
- Saratoga
- South San Francisco
- Sunol
- Tiburon
- Union City
Neighborhoods in Belmont, CA
Belmont rent to own homesPopular Zip Codes in Belmont, CA
94002 rent to own homesBuying a Home in Belmont, CA
Belmont, CA is seeing rapid growth and Belmont, CA's' housing market remains not optimal with an average home price that is 638% above the 2024 national average. Belmont, CA is part of San Mateo 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 Mateo is 0.56% which is below the national average, which is 0.99%.
Median Home Price in Belmont, CA
Median Rent in Belmont, CA
Top 4 Reasons to Live in Belmont, CA
Nature abounds in beautiful Belmont! Close to the San Francisco Bay and dotted with many parks and recreation areas, Belmont offers itself up to the nature lover. Twin Pines Park has plenty of open space trails, a playground, and even a stage where the city hosts musical performances throughout the year. Belmont also boasts Water Dog Lake, a tranquil and secluded spot to relax, that sits in Water Dog Lake Park. Although this serene lake is in the middle of the city, it feels miles away!
This city has great growth potential! Home values are on the rise in Belmont. In fact, the median sales price of a home here has risen around 55 percent over the past five years. This marks Belmont as a city on the rise. Two top neighborhoods with available properties are Belmont Country Club and Belmont Woods. Choose Belmont Country Club for a diverse selection of housing opportunities -- this neighborhood offers properties that were built in the 1950s and large, multi-level homes. Try Belmont Woods to live closer to natural surroundings and experience breathtaking Bay views.
The housing market is incredibly healthy! Belmont's housing market has remained healthy and strong for years, despite the fluctuations that nearby areas have experienced. Apartments, rent to own homes, and homes purchased outright have retained their value. Choose the Homeview neighborhood for affordable housing that is incredibly walkable. However, if proximity to the city's Notre Dame de Namur University campus is important, the Antique Forest Homes neighborhood might be a better choice.
Get ready for culinary exploration! To truly experience Belmont, visit Godfather's Burger Lounge. Enjoy a cold draft beer or a house wine with one of their gourmet burgers. Locals suggest the Philly Cheese Steak Burger, complete with onions, mushrooms, peppers, cheese, and a homemade barbecue sauce. If fine dining is in order, try the Coquilles St. Jacques and tender filet mignon at The Iron Gate Restaurant.