Rent to own Homes in Granite Bay, CA
Granite Bay is a small census-designated place that is located about a half hour away from Sacramento. Out of about 20,000 residents, there are several celebrities living in Granite Bay, including notable athletes and coaches affiliated with the Sacramento Kings NBA team. One of the most noticeable landmarks near this area is Folsom Lake, which features Granite Bay and Beal's Point, sandy beaches where locals can cool off any time.
Granite Bay, CA is a great place for affordable rent-to-own homes! With a median household income of over $170,504 and a median rent of $2,028, the Granite Bay, 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 Granite Bay, 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 Granite Bay, CA Property Resources
Rent to own Homes in Cities Near Granite Bay, CA
- Arden-Arcade
- Auburn Lake Trails
- Camanche Village
- Cameron Park
- Carmichael
- Citrus Heights
- Clarksburg
- Clay
- Collierville
- Cool
- Diamond Springs
- Dogtown
- Drytown
- El Dorado
- El Dorado Hills
- Elk Grove
- Elverta
- Fair Oaks
- Florin
- Folsom
- Foothill Farms
- Franklin
- Freeport
- Fruitridge Pocket
- Galt
- Gold River
- Granite Bay
- Herald
- Hood
- La Riviera
- Lemon Hill
- Loomis
- Mather
- Mcclellan
- McClellan Park
- Orangevale
- Penryn
- Pilot Hill
- Pleasant Grove
- Rancho Cordova
- Rancho Murieta
- Rescue
- Rio Linda
- Rocklin
- Rosemont
- Roseville
- Sacramento
- Shingle Springs
- Sloughhouse
- Wilton
Neighborhoods in Granite Bay, CA
Carolinda Ranch Estates rent to own homes Quail Lake rent to own homes Los Lagos rent to own homes Treelake rent to own homes Sierra Ridge Estates rent to own homesPopular Zip Codes in Granite Bay, CA
95746 rent to own homesBuying a Home in Granite Bay, CA
Granite Bay, CA is seeing rapid growth and Granite Bay, CA's' housing market remains not optimal with an average home price that is 278% above the 2024 national average. Granite Bay, CA is part of Placer 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 Placer is 0.8% which is below the national average, which is 0.99%.
Median Home Price in Granite Bay, CA
Median Rent in Granite Bay, CA
4 Reasons to Live in Granite Bay, CA
Tons of homeowners! About 88 percent of the homes in Granite Bay are occupied by owners, so if you are thinking about buying a home or are considering rent to own homes, you'll be in good company in this city. In the rest of the US, only about 57 percent of homes are occupied by owners. During your housing search, be sure to check out Auburn Folsom Road and Douglas Boulevard if you want to live near Folsom Lake. If you'd prefer golf course living, check out East Roseville Parkway and Barton Road.
Parks, golf, and a lake! The weather in California tends to be beautiful, so take advantage of it by heading outside once you move to Granite Bay. You can play 18 holes at Granite Bay Golf Course, head to Granite Bay Activity Center to play some outdoor sports, or go boating on nearby Folsom Lake. With all these outdoor activities available to you, you'll rarely want to spend the day inside.
Great home appreciation! You can have confidence that your property will make a good investment when you buy in Granite Bay, because the appreciation rate over the last year is about 24 percent. That's almost five times the national average. Start looking for a home near Eureka Road and Barton Road, or check out homes for sale near Laird Road and Cavitt Stallman Road.
Lots of shopping centers! Granite Bay has several areas where you can shop and eat. Check out Quarry Ponds Town Center if you're in the mood to shop for fashionable clothing at Rima's Boutique, and then stop for some coffee at Peet's Coffee and Tea. Country Gables Shopping Center features Starbucks, Beach Hut Deli, Raley's, and more, while Granite Bay Village Shopping Center is home to Ace Hardware and Dominick's Italian Market-Deli.