Rent to own Homes in Laguna Hills, CA
This Orange County city makes a fine home for the artistic at heart. Residents often tap into their creative side by taking a class sponsored by the City of Laguna Hills Community Services Department. Dance, creative drumming, and theater are just some of the offerings. Aside from its artistic core, Laguna Hills is still very much a beach community, reveling in its proximity to the Pacific Ocean and a range of water sports.
Laguna Hills, CA is a great place for affordable rent-to-own homes! With a median household income of over $102,358 and a median rent of $2,163, the Laguna Hills, 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 Laguna Hills, 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 Laguna Hills, CA Property Resources
Rent to own Homes in Cities Near Laguna Hills, CA
- Aliso Viejo
- Anaheim
- Capistrano Beach
- Chino Hills
- Corona
- Corona Del Mar
- Coronita
- Costa Mesa
- Coto de Caza
- Dana Point
- Foothill Ranch
- Fountain Valley
- Garden Grove
- Huntington Beach
- Irvine
- Ladera Ranch
- Laguna Beach
- Laguna Hills
- Laguna Niguel
- Laguna Woods
- Lake Elsinore
- Lake Forest
- Lakeland Village
- Midway City
- Mission Viejo
- Modjeska
- Newport Beach
- Newport Coast
- North Tustin
- Orange
- Placentia
- Rancho Mission Viejo
- Rancho Santa Margarita
- San Clemente
- San Juan Capistrano
- Santa Ana
- Silverado
- Stanton
- Temescal Valley
- Trabuco Canyon
- Tustin
- Villa Park
- Westminster
- Williams Canyon
- Yorba Linda
Neighborhoods in Laguna Hills, CA
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Laguna Hills, CA is seeing rapid growth and Laguna Hills, CA's' housing market remains not optimal with an average home price that is 242% above the 2024 national average. Laguna Hills, CA is part of Orange 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 Orange is 0.56% which is below the national average, which is 0.99%.
Median Home Price in Laguna Hills, CA
Median Rent in Laguna Hills, CA
Top 6 Reasons to Live in Laguna Hills, CA
Great property market! Between 2013 and 2014, distressed properties in Laguna Hills dropped from 5% to 2%. A reduction in bank owned and short sell properties bodes well for the property values of all homes in this community, as well as the stability of the housing market here! Some properties in the center of the city, between Alicia Parkway and La Paz Road, are still closing as foreclosure sales, but their numbers are dwindling.
Be part of an active community! Since 2005, Laguna Hills has had a Get Fit initiative. The city encourages all residents to get out, get moving, and stay healthy! Pathways including the Aliso Creek Trail and Oso Bikeway Trail are a part of the network of trails designed to keep people moving outdoors.
Take a walk in the park! Given the temperate climate of Laguna Hills, it only makes sense that locals like to spend a great deal of time soaking in the sunshine. To that end, the city has a bounty of parkland. Beckenham Park, Stockport Park, and Clarington Park are just a few of the public parks open to all residents and visitors.
Home values are on the rise! Between August and November of 2014, the median sales prices for homes for sale and rent to own homes rose by nearly 30%! Homes from the Cresta Court area in north Laguna Hills to houses near I-5 in the east are still selling for well into the high six figures mark and above.
Your neighbors are the wilderness! Laguna Hills is flanked by a state park and wilderness park on either side. Crystal Coast State Park lies to the west, while the vast Ronald W. Caspers Wilderness Park is to the east.
Take in all Southern California has to offer! Laguna Hills is perfectly situated between San Diego and Los Angeles. Get to either city in about an hour, where you can take in amusement parks like Disneyland and world famous attractions such as the San Diego Zoo.