Rent to own Homes in Fresno, CA
Located in the Central Valley, Fresno, California, is a mix of students, families, agricultural workers and professionals. Enjoying a youthful population with a median age of 29.3 years, Fresno is an excellent place for young adults to make their way in the world. Multiple college campuses, including California State University, a variety of sports, recreation and lifestyle amenities, and plenty of wide-open spaces make Fresno a unique place within a state that usually boasts dense cities or rural pastures. The cost of living is also relatively low for California, attracting new homeowners hoping to scoop up property that will appreciate steadily while also giving them space to begin a family. Fresno is a fantastic choice as a place to settle down while meeting diverse individuals.
Fresno, CA is a great place for affordable rent-to-own homes! With a median household income of over $53,368 and a median rent of $1,041, the Fresno, 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 Fresno, 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 Fresno, CA
- Biola
- Bonadelle Ranchos
- Bonadelle Ranchos-Madera Ranchos
- Bowles
- Calwa
- Caruthers
- Centerville
- Clovis
- Del Rey
- Easton
- Fort Washington
- Fowler
- Fresno
- Friant
- Kerman
- La Vina
- Madera
- Madera Acres
- Madera Ranchos
- Malaga
- Mayfair
- Millerton
- Monmouth
- Old Fig Garden
- O Neals
- Parksdale
- Parkwood
- Prather
- Raisin City
- Raymond
- Sanger
- Selma
- Sunnyside
- Tarpey Village
- West Park
- Yosemite Lakes
Neighborhoods in Fresno, CA
Fulton Mall rent to own homes Highway City rent to own homes North Avenue Industrial Triangle rent to own homes Calwa rent to own homes The Cultural Arts District rent to own homes Huntington rent to own homes Germantown rent to own homes Chinatown rent to own homes Little Italy rent to own homes Sun Garden Acres rent to own homesBuying a Home in Fresno, CA
Fresno, CA is seeing rapid growth and Fresno, CA's' housing market remains not optimal with an average home price that is 18% above the 2023 national average. Fresno, CA is part of Fresno 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 Fresno is 0.65% which is below the national average, which is 0.99%.
Median Home Price in Fresno, CA
Median Rent in Fresno, CA
Top Reasons to Live in Fresno CA
Housing Statistics Fresno has some exciting things happening with regards to housing. Though some areas still remain stagnant, there are a number of neighborhoods experiencing unprecedented interest from buyers. The median home price for Fresno properties in 2013 is $175,000, which is an increase of over 24 percent over last year. Additionally, the average list price so far in 2013 is $274,954. These are relatively low costs for single-family homes in California, but buyers hoping to skip the wastefulness of renting may consider rentals instead.
Nightlife Fresno's youthful population all but guarantees a wide selection of evening entertainments, including bars, theaters, performance venues and restaurants. Dance clubs, such as Deja vu and Ultra Lounge offer revelers a place to meet singles, dance and enjoy strong drinks. Veni Vidi Vici is a more subdued yet popular bar in the downtown area. For those more interested in films, there are several large chain stadium theater complexes, like the Edwards Stadium Cinemas located in several locations, as well as smaller, independent places like Signature Theatres. Intellectuals may want to skip those options in favor of The Tower Theater, which is close to great shopping and restaurants as well.
Local Events and Festivals Fresno's tight-knit community boasts dozens of local events and recurring festivals that delight residents of all ages. Fresno State Vintage Days is a festival occurring in April that has crafts, rides and a carnival. The Fresno Craft Beer Festival is the craft fair adults enjoy best; it occurs in May. Oktoberfest, premiering at the end of September, brings the German ancestry out in everyone. There are also numerous events planned on college campuses and within neighborhoods.
Neighborhoods There are roughly nine main neighborhoods in Fresno, each with something special to offer its inhabitants and visitors. Though there are some areas better suited to families and others better suited to students and nightlife, they each offer charming elements and beautiful options for accommodations.