Rent to own Homes in Escondido, CA
Escondido, California is located just north of San Diego. As one of the oldest cities in the county, it should come as no surprise that Escondido is proud of its heritage. The city offers the beauty of many southern California towns, but it is also extremely livable, with housing more affordable than nearby San Diego. People love Escondido because it has some of the best outdoor activities and natural wildlife in the whole country. The locals love to golf, hike, fish, bike, swim, and birdwatch. People in the area also know how to eat and drink; there are lots of upscale restaurants, as well as fancy wineries and craft breweries nearby. Best of all, it's a one-season town; you won't experience any cold winters or over-the-top hot summers. Instead, you get a warm but mild, dry climate, which keeps people happy year round. If you're looking for a rent to own home, you might not find it here, but you will find some beautiful, scenic single-family real estate with views and surroundings that will make you want to call it home forever.
Escondido, CA is a great place for affordable rent-to-own homes! With a median household income of over $65,326 and a median rent of $1,550, the Escondido, 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 Escondido, 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.
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Rent to own Homes in Cities Near Escondido, CA
- Bonita
- Bonsall
- Bostonia
- Camp Pendleton Mainside
- Camp Pendleton North
- Camp Pendleton South
- Cardiff By The Sea
- Carlsbad
- Casa de Oro-Mount Helix
- Chula Vista
- Coronado
- Crest
- Del Dios
- Del Mar
- El Cajon
- Elfin Forest
- Encinitas
- Escondido
- Eucalyptus Hills
- Fairbanks Ranch
- Fallbrook
- Granite Hills
- Harbison Canyon
- Harmony Grove
- Hidden Meadows
- Jamul
- La Jolla
- Lake San Marcos
- Lakeside
- La Mesa
- La Presa
- Lemon Grove
- National City
- Oceanside
- Pala
- Pauma Valley
- Poway
- Ramona
- Rancho San Diego
- Rancho Santa Fe
- San Diego
- San Diego Country Estates
- San Marcos
- Santee
- Solana Beach
- Spring Valley
- Valley Center
- Vista
- Winter Gardens
Neighborhoods in Escondido, CA
Cloverdale rent to own homes Daley Ranch rent to own homes East Grove rent to own homes North Broadway rent to own homes East Valley rent to own homes Midway rent to own homes Mesa Rock rent to own homes Country Club rent to own homes Central Escondido rent to own homes Felicita rent to own homesPopular Zip Codes in Escondido, CA
92030 rent to own homes 92033 rent to own homes 92046 rent to own homes 92029 rent to own homesBuying a Home in Escondido, CA
Escondido, CA is seeing rapid growth and Escondido, CA's' housing market remains not optimal with an average home price that is 118% above the 2023 national average. Escondido, CA is part of San Diego 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 2023 for county San Diego is 0.61% which is below the national average, which is 0.99%.
Median Home Price in Escondido, CA
Median Rent in Escondido, CA
Top Reasons to Live in Escondido, CA
Housing in Escondido The market in Escondido mainly consists of houses to purchase; there aren't many rent to own options. There are some condos, however, so if you want to rent, you're not out of luck. Only 5 percent of homes in Escondido are vacant; however, there is an annual residential turnover of 19 percent, so there's always a chance of finding a place from year to year. The median price to buy a home in Escondido is $329,800 - that's a lot compared to most of the country. But people who own a home here get spectacular houses in spectacular surroundings.
The Great Outdoors The outdoors reign supreme in Escondido. If you like to golf, there are great courses in the city. Eagle Crest Golf Club is one of the most beautiful courses in the entire San Diego area, while the Vineyard at Escondido offers the chance to play golf in a spectacular setting, after which you can try the wine at the Orfila Vineyard and Winery. For sports lovers, Escondido boasts world-class facilities. Residents can swim at the James A. Stone Municipal Swimming Pool, a public pool where adults can go to relax or swim laps and kids can splash in the adjacent children's pool. At Lake Wohlford, avid fishermen will have the time of their lives, as people regularly catch bass, bluegills, catfish, crappies, and trout out on the lake.
We Like Sports For sports lovers who don't necessarily want to be outside, Iceoplex offers a great complex for indoor sports. It has an ice rink where people can skate, and it also offers hockey programs, skating school, birthday parties, and several hockey tournaments each year. For those who want to drop a lot of money for an indoor health and fitness experience, Escondido is home to Golden Door, a fitness spa focused on wellness and rejuvenation. Go there to get your body worked on by massage therapists and aestheticians; you can work out by hiking the grounds or by taking advantage of the indoor fitness facilities.
Nearby Attractions Escondido's proximity to San Diego is a huge plus, as that city is home to some of the best attractions in the country, like the San Diego Zoo Safari Park. San Diego is also home to the Children's Discovery Museum, where children can learn about science through hands-on experience, and Queen Califia's Magical Circle, a sculpture garden that is also a great place for kids to run and play. But the area isn't only known for wholesome, family activities. In fact, it is a hotbed of great wineries and breweries. You can take a wine tour through many of the vineyards and taste all of the different products. You can also visit Stone Brewing Co., which makes a world-famous IPA. The Stone Brewing Company is also the host of an Invitational Beer Festival, which has run for the last seven years.
Staying Up When the Sun Is Down Escondido is home to several outstanding bars and clubs, where people can dance and drink into the wee morning hours. O'Sullivan's Irish Pub offers the best divey, pub-like atmosphere in the area. It has a huge selection of beers, whiskey, and traditional pub fare. Intertwined Bar and Bistro is a more refined and upscale experience. It has a great food menu, highlighted by the Chicken Pesto, as well as lots of wine options. For a more raucous time, head to The Blvd. It draws lots of college students from the area and promises high-octane fun all the way until closing. Grab a buddy and play some darts or ping pong, or come on Trivia Night and test your knowledge.