Rent to own Homes in Cathedral City, CA
Experience spectacular desert sunsets! Neon oranges, glimmering pinks and satiny blues make up the most beautiful desert sunsets you can imagine. People come from all over the world to see the evening views over the San Bernardino Mountains, and you can have a front row seat every night in your rent to own home. Really impress visitors by taking them to the Escena Lounge & Grill in Palm Springs, which is known for its sunset views.
Cathedral City, CA is a great place for affordable rent-to-own homes! With a median household income of over $50,350 and a median rent of $1,241, the Cathedral City, 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 Cathedral City, 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 Cathedral City, CA Property Resources
Rent to own Homes in Cities Near Cathedral City, CA
- Anza
- Bermuda Dunes
- Cathedral City
- Coachella
- Desert Edge
- Desert Hot Springs
- Desert Palms
- Garnet
- Idyllwild-Pine Cove
- Indian Wells
- Indio
- Indio Hills
- Joshua Tree
- La Quinta
- Mecca
- Morongo Valley
- Mountain Center
- Oasis
- Palm Desert
- Palm Springs
- Rancho Mirage
- Sky Valley
- Thermal
- Thousand Palms
- Vista Santa Rosa
- Warner Springs
- Whitewater
- Yucca Valley
Neighborhoods in Cathedral City, CA
Cathedral Canyon rent to own homes Downtown Cathedral City rent to own homes Sunair rent to own homes Palm Springs Panorama rent to own homes Palm Springs Country Club Estates rent to own homes Rancho Ramon rent to own homes Palm View Estates rent to own homes Rancho Vista Estates rent to own homes Desert Retreat Estates rent to own homes Ramon Palms rent to own homesBuying a Home in Cathedral City, CA
Cathedral City, CA is seeing rapid growth and Cathedral City, CA's' housing market remains not optimal with an average home price that is 39% above the 2024 national average. Cathedral City, 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 Cathedral City, CA
Median Rent in Cathedral City, CA
11 Reasons to Live in Cathedral City, CA
Play world-class golf courses! Play the links at challenging Cimarron Golf Club, or Cathedral Canyon Country Club. Most golf courses are within an easy drive of any of the neighborhoods in Cathedral City. In fact, there are almost enough courses in the area to play a different one every week!
A strong rental market! With more renters here (35%) than the state average (33%), finding a rent to own apartment or home shouldn't take too long. That way, you'll have more time to spend shopping at the Date Palm Shopping Center or dining at Cello's.
Lots of great choices for home buying! One of the greatest secrets of California living is the terrific value of homes in Cathedral City. There's plenty of inventory (especially near the I-10, or near Hwy 111) so there are enough choices for you to have some options for rent to own houses. And, Cathedral City has even been named a top 100 Best Places to Live.
There's so much to do! If the weather is on the warmish side, there's always ice skating. Head for the Desert Ice Palace for ice skating in the summer sun, where you'll find internationally classed instructors, hockey, figure skating and free skating at a world-class facility. Or, drop into the Desert IMAX Theater to see if your favorite film is playing in glorious 3D.
Delicious dishes! Frickleburgers will positively please your palate with their great sandwiches and burgers. There are over 35 toppings you can choose to add to customize your lunch. Ocean's Restaurant offers quality fresh seafood for an unexpected change of pace.
Casual California living! Condos are king in Cathedral City, and there are great values for home buyers, especially on the east side of the city near Thousand Palms or Palm Desert. Real estate prices have gone up 28.6% over the past year, and predictions are betting on another 13.9% within the next year.
Outdoor adventures abound! Like to hike? If you're experienced and have a hiking buddy, look into the Cactus to Clouds hike. It's considered the steepest hike in the U.S. that you can, theoretically, do in one day -- climbing 8,000 feet in nine miles. Or you can take the easier route and take the Mount San Jacinto Tramway up and hike back down.
Hunt for antiques! Make sure to carve out some serious time to visit Victoria's Attic Antiques and Collectibles. You'll need it to cover 8,000 square feet of antique mall with 78 dealers. Afterwards, recharge next door at Upper Crust Pizza.
Home appreciation values are rising! The area just west of Mission Hills Country Club in the southeast section of town has seen a dramatic increase (270%!) in home values since 1990. The triangle of land between the Escena and Cimarron golf resorts have also seen an increase of more than 200% in the last few decades.
Get a job! Cathedral City's job growth is 28.22% over last year. That's almost 2.5% more than the national average of similar sized-cities in the country. The largest employer in the area is the health industry, although many people also work at the golf courses in town such as the Desert Oasis Hotel or the De Anza Palm Springs Country Club.