Rent to own Homes in Bloomington, CA
Like many places in California, Bloomington is known for its great year-round climate that rarely sees temperatures dip below 70 degrees. When not basking in the sunshine, the 17,000 residents that call Bloomington home like to participate in community events like the annual fall festival and the Christmas Lighting of the Trees. If beautiful weather, friendly residents and an abundance of activities are a must, then Bloomington is calling your name.
Bloomington, CA is a great place for affordable rent-to-own homes! With a median household income of over $62,690 and a median rent of $1,260, the Bloomington, 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 Bloomington, 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 Bloomington, CA Property Resources
Rent to own Homes in Cities Near Bloomington, 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
Neighborhoods in Bloomington, CA
No neighborhoods foundPopular Zip Codes in Bloomington, CA
92316 rent to own homesBuying a Home in Bloomington, CA
Bloomington, CA is seeing rapid growth and Bloomington, CA's' housing market remains not optimal with an average home price that is 43% above the 2024 national average. Bloomington, CA is part of San Bernardino 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 Bernardino is 0.63% which is below the national average, which is 0.99%.
Median Home Price in Bloomington, CA
Median Rent in Bloomington, CA
Top 6 Reasons to Live in Bloomington
Affordable Rent! Buyers looking to score a great deal on a rent to own home or apartment in Bloomington will be happy to know that the median rent is only $1400. When compared to the median rent in Riverside County, $1550, Bloomington is an affordable option for potential residents. Buckskin Drive and Olive Street offer the most value for your money in the city.
Plenty of Beaches! Located in sunny and beautiful San Bernardino County, Bloomington is just minutes away from some of the best beaches in the state. Sink your feet into the sand at Perris Beach or surf the waves at Bernasconi Beach.
Spectacular Year-Round Climate! If brilliant sunshine and warm weather throughout the year are high on your list of priorities, then Bloomington passes the test. Enjoy the beautiful weather by spending a day at the Bloomington Parks and Recreation Department for tennis, basketball and more, or head to Kessler Park for a picnic.
Well-priced homes! With a median list price of just $232,998, Bloomington is significantly less expensive than most of the surrounding area. Single family homes can be found in the areas near Linden Avenue or Slover Avenue.
Plenty of Dining Options! Bloomington is home to some of the most diverse and delicious food in the region. Head to Porky's Pizza for traditional flavors like pepperoni and cheese or more exotic pies like shrimp and feta. For something spicier, El Mesquite Restaurant offers the best Mexican food in the county.
Never-Ending Community Activities! The annual Bloomington Fall Festival celebrates the end of summer while welcoming in autumn with activities geared for the whole family. From the popcorn vendors to the free cotton candy, this is a can't miss event. Join the city for their First Night Festival that rings in the New Year in style with a New Years Ball and fireworks.