Rent to own Homes in El Cerrito, CA
The city of El Cerrito, CA, was founded in the aftermath of San Francisco's 1906 earthquake when the area was settled by refugees displaced by the tragedy. Today, El Cerrito has shaken off its humble beginnings to become a prosperous town in the Bay Area. The city is home to 24,000 residents who enjoy the conveniences of living close to a major metropolis while retaining the sense of community found in smaller towns.
El Cerrito, CA is a great place for affordable rent-to-own homes! With a median household income of over $100,708 and a median rent of $1,411, the El Cerrito, 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 El Cerrito, 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 El Cerrito, CA Property Resources
Rent to own Homes in Cities Near El Cerrito, CA
- Acalanes Ridge
- Alameda
- Alamo
- Albany
- Alhambra Valley
- Alto
- American Canyon
- Antioch
- Ashland
- Bay Point
- Belvedere
- Belvedere Tiburon
- Benicia
- Berkeley
- Black Point-Green Point
- Brisbane
- Broadmoor
- Burlingame
- Castle Hill
- Clayton
- Clyde
- Colma
- Contra Costa Centre
- Crockett
- Daly City
- Diablo
- East Richmond Heights
- Emeryville
- Hayward
- Hercules
- Kensington
- Kentfield
- Lafayette
- Marin City
- Millbrae
- Napa
- North Richmond
- Novato
- Rollingwood
- San Bruno
- San Francisco
- San Pablo
- San Rafael
- Santa Venetia
- South San Francisco
- Strawberry
- Tara Hills
- Tiburon
- Vallejo
- Vine Hill
Neighborhoods in El Cerrito, CA
Mira Vista Highlands rent to own homes Richmond Pacific Heights rent to own homes El Cerrito rent to own homesPopular Zip Codes in El Cerrito, CA
94530 rent to own homesBuying a Home in El Cerrito, CA
El Cerrito, CA is seeing rapid growth and El Cerrito, CA's' housing market remains not optimal with an average home price that is 122% above the 2024 national average. El Cerrito, CA is part of Contra Costa 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 Contra Costa is 0.71% which is below the national average, which is 0.99%.
Median Home Price in El Cerrito, CA
Median Rent in El Cerrito, CA
Top 7 Reasons to Live in El Cerrito
Plenty of opportunity for fun! El Cerrito offers fun for all members of the community. Playland-Not-At-The-Beach, a non-profit amusement park located on San Pablo Avenue, features relics of past amusement parks, rides and free pinball.
Beautiful natural areas! When you're not working your thumbs playing pinball at Playland, give your legs a workout by getting out of your home and going for a leisurely hike at Arlington Park or the magnificent Hillside Natural Area, where local flowers, oak trees and streams provide a beautiful backdrop for your walk.
Tasty local restaurants! El Cerrito has dozens of neighborhood restaurants to choose from, including those that serve sushi, Chinese, gourmet hamburgers and pizza. Mix with the locals at Elevation 66 or enjoy a light meal at Fatapple's Restaurant and Bakery.
A wise investment! Good news for buyers who want their house to be a home and an investment: house prices have risen 11.9 percent over the past year and are predicted to rise another 3.8 percent next year. For homes with consistent values, try searching at Arlington Blvd or Terrace Drive/Stockton Ave.
Lower prices! You're in luck if you want to buy or rent to own a property in the Bay Area. The median list price per square foot is $366 in El Cerrito, significantly lower than the San Francisco metro area average of $409. Average monthly rental prices are $2,100, lower than the San Francisco metro median of $2,750. For cheaper housing, look at the areas surrounding Carlson Blvd/Central Ave and Manila Ave/Navellier St.
Get involved El Cerrito offers plenty of opportunities to get involved in the community. Join your neighbors at one of El Cerrito's many organizations, which include the El Cerrito Historical Society, El Cerrito Trail Trekkers, and the El Cerrito Art Association, which you can find examples of at the San Pablo Art Gallery.
Local performances! Take in a performance at the Contra Costa Civic Center, a small community theater operated by local volunteers. Watch a show or audition to be part of the action if your acting chops are up to scratch! If not, stick to the big screen at Rialto Cinemas.