Rent to own Homes in Los Angeles, CA

Los Angeles was originally named "El Pueblo de la Reyna de Los Angeles," which translates to The Town of the Queen of Angels, when it was founded by a group of 44 men, women, and children on September 4, 1781. L.A., or "La La Land," as it is fondly referred to, was captured by the United States during the Mexican War of 1846 and was incorporated as a U.S. city on April 4, 1850. The City of Angels is no longer a small Spanish colony. It currently boasts a population of nearly four million residents, making it the second-most populous city in the United States.

Los Angeles has a diverse economy with industries such as high tech, aerospace, advanced transportation, manufacturing, international trade, arts, design, entertainment, media, and many others. The city has a host of Fortune 500 and Fortune 1000 companies with plenty of job opportunities. L.A. encompasses 468.67 square miles and is the sixth-largest city by land area in the United States. Average year-round temperatures range between 48° and 85°, with warm weather from May through the middle of October. There is plenty of room for both current residents and newcomers in the city. If you're considering relocating to a new city, come to L.A., where you'll find plenty of rent-to-own opportunities.

Los Angeles, CA is a great place for affordable rent-to-own homes! With a median household income of over $65,290 and a median rent of $1,523, the Los Angeles, 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 Los Angeles, 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.

Check out Los Angeles, CA rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 44 of 300
6728 HILLPARK DR #507
2 Beds, 2 Baths
Rent To Own
Hollywood Hills
Townhouse/Condo
Los Angeles, CA 90068
1,000 Sqft | Built in 1966
10008 Silverton Ave
3 Beds, 2 Baths
Rent To Own
Tujunga
Single Family Home
Tujunga, CA 91042
1,200 Sqft | Built in 1950
10475 ASHTON AVE #204
2 Beds, 3 Baths
Rent To Own
Westwood
Townhouse/Condo
Los Angeles, CA 90024
1,519 Sqft | Built in 1987
1351 Orange St
1 Bed, 1 Bath
Rent To Own
Hollywood
Single Family Home
Los Angeles, CA 90028
771 Sqft | Built in 1977
1351 Orange St #221
1 Bed, 1 Bath
Rent To Own
Hollywood
Single Family Home
Los Angeles, CA 90028
771 Sqft | Built in 1977
421 S LA FAYETTE PARK PL #510
2 Beds, 2 Baths
Rent To Own
Westlake
Townhouse/Condo
Los Angeles, CA 90057
1,025 Sqft | Built in 1971
Hot
5504 FALLBROOK AVE
4 Beds, 2 Baths
Rent To Own
Woodland Hills
Single Family Home
Woodland Hills, CA 91367
2,100 Sqft | Built in 1948
8954 Saint Ives Dr
5 Beds, 6 Baths
Rent To Own
West Hollywood
Single Family Home
West Hollywood, CA 90069
4,250 Sqft | Built in 1939
Rent to own homes offer low monthly payments and flexible terms.
Hot
5460 WHITE OAK AVE #A227
1 Bed, 1 Bath
Rent To Own
Encino
Townhouse/Condo
Encino, CA 91316
683 Sqft | Built in 1971
626 SIENA WAY
5 Beds, 8 Baths
Rent To Own
Bel Air
Single Family Home
Los Angeles, CA 90077
7,266 Sqft | Built in 1938
18645 HATTERAS ST #244
2 Beds, 1 Bath
Rent To Own
Tarzana
Townhouse/Condo
Tarzana, CA 91356
830 Sqft | Built in 1973
1911 Sunset Plaza Dr
4 Beds, 6 Baths
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90069
4,800 Sqft | Built in 2021
30421 MIRALESTE DR
4 Beds, 5 Baths
Rent To Own
 
Single Family Home
Rancho Palos Verdes, CA 90275
3,765 Sqft | Built in 1978
4140 GLENCOE AVE #516
2 Beds, 3 Baths
Rent To Own
Marina Del Ray
Townhouse/Condo
Marina Del Rey, CA 90292
2,000 Sqft | Built in 2016
4533 ESTRONDO DR
6 Beds, 9 Baths
Rent To Own
Encino
Single Family Home
Encino, CA 91436
7,317 Sqft | Built in 1961
2733 BELDEN DR
3 Beds, 4 Baths
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90068
2,299 Sqft | Built in 2011
6544 SAINT CLAIR AVE
4 Beds, 2 Baths
Rent To Own
North Hollywood
Single Family Home
North Hollywood, CA 91606
1,383 Sqft | Built in 1947
3366 CHARLESTON WAY
4 Beds, 3 Baths
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90068
2,813 Sqft | Built in 1937
10700 CUSHDON AVE
5 Beds, 5 Baths
Rent To Own
West Los Angeles
Single Family Home
Los Angeles, CA 90064
4,116 Sqft | Built in 1944
6455 GEYSER AVE
4 Beds, 2 Baths
Rent To Own
Reseda
Single Family Home
Reseda, CA 91335
1,200 Sqft | Built in 1954
Hot
2222 S MESA ST #7
3 Beds, 3 Baths
Rent To Own
Coastal San Pedro
Townhouse/Condo
San Pedro, CA 90731
1,987 Sqft | Built in 1990
2005 N BEACHWOOD DR
3 Beds, 2 Baths
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90068
2,007 Sqft | Built in 1911
8755 SKYLINE DR
4 Beds, 4 Baths
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90046
4,428 Sqft | Built in 2000
15814 SEPTO ST
3 Beds, 2 Baths
Rent To Own
North Hills West
Single Family Home
North Hills, CA 91343
1,392 Sqft | Built in 1956
3751 DELMAS TER
4 Beds, 2 Baths
Rent To Own
Palms
Townhouse/Condo
Los Angeles, CA 90034
2,034 Sqft | Built in 1914
3121 W 133RD ST
3 Beds, 1 Bath
Rent To Own
East Hawthorne
Single Family Home
Hawthorne, CA 90250
1,308 Sqft | Built in 1940
5427 ENCINO AVE
5 Beds, 7 Baths
Rent To Own
Encino
Single Family Home
Encino, CA 91316
5,846 Sqft | Built in 1990
8940 KRAMERWOOD PL
4 Beds, 2 Baths
Rent To Own
Beverlywood
Single Family Home
Los Angeles, CA 90034
2,198 Sqft | Built in 1942
9617 OAK PASS RD
3 Beds, 3 Baths
Rent To Own
Beverly Crest
Single Family Home
Beverly Hills, CA 90210
4,113 Sqft | Built in 1979
1101 S BUNDY DR
6 Beds, 9 Baths
Rent To Own
West Los Angeles
Single Family Home
Los Angeles, CA 90049
5,846 Sqft | Built in 2012
23910 DE VILLE WAY #C
2 Beds, 2 Baths
Rent To Own
Eastern Malibu
Townhouse/Condo
Malibu, CA 90265
1,470 Sqft | Built in 1965
3612 COURTSIDE CIR
4 Beds, 9 Baths
Rent To Own
 
Single Family Home
Huntington Beach, CA 92649
9,128 Sqft | Built in 2002
6219 FRONDOSA DR
4 Beds, 3 Baths
Rent To Own
Western Malibu
Single Family Home
Malibu, CA 90265
2,659 Sqft | Built in 1962
74 MAEGAN PL #8
3 Beds, 3 Baths
Rent To Own
 
Townhouse/Condo
Thousand Oaks, CA 91362
1,200 Sqft | Built in 1985
2035 N ORANGE OLIVE RD
4 Beds, 3 Baths
Rent To Own
 
Townhouse/Condo
Orange, CA 92865
2,197 Sqft | Built in 2018
15217 KENSINGTON PARK DR
3 Beds, 3 Baths
Rent To Own
 
Townhouse/Condo
Tustin, CA 92782
1,676 Sqft | Built in 2007
26 VISTA MONTEMAR
5 Beds, 6 Baths
Rent To Own
Niguel Summit
Single Family Home
Laguna Niguel, CA 92677
6,351 Sqft | Built in 1998
884 W 11TH ST
4 Beds, 3 Baths
Rent To Own
Central San Pedro
Townhouse/Condo
San Pedro, CA 90731
2,320 Sqft | Built in 1930
Hot
1 of 24 6625 BERQUIST AVE
3 Beds, 2 Baths
Rent To Own
West Hills
Single Family Home
West Hills, CA 91307
1,250 Sqft | Built in 1959
1 of 22 24303 Woolsey Canyon Road Space 129
2 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
West Hills, CA 91304
1,392 Sqft | Built in 1979
1 of 15 12915 PARK PL #304
2 Beds, 2 Baths
Rent To Own
Holly Glen - Del Aire
Townhouse/Condo
Hawthorne, CA 90250
1,550 Sqft | Built in 2013
Hot
1 of 30 8406 FLIGHT AVE
3 Beds, 2 Baths
Rent To Own
Westchester
Single Family Home
Los Angeles, CA 90045
1,850 Sqft | Built in 1943
7900 LOUISE AVE
4 Beds, 3.5 Baths
Rent To Own
Northridge
Single Family Home
Northridge, CA 91325
1,430 Sqft | Built in 1954
Hot
1 of 16 17645 ROYCE DR W
5 Beds, 5 Baths
Rent To Own
Encino
Single Family Home
Encino, CA 91316
3,818 Sqft | Built in 1988
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Buying a Home in Los Angeles, CA

Los Angeles, CA is seeing rapid growth and Los Angeles, CA's' housing market remains not optimal with an average home price that is 208% above the 2023 national average. Los Angeles, CA is part of Los Angeles 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 Los Angeles is 0.59% which is below the national average, which is 0.99%.

Median Home Price in Los Angeles, CA

Median Rent in Los Angeles, CA

Rent to own homes offer low monthly payments and flexible terms.

Average Cost of Living in Los Angeles

Los Angeles is an amazing place to live, but all the fun and games come with a price tag. The overall cost of living in the city is 23.4% higher than the California average and more than 70% higher than the rest of the United States' average. The cost of living in nearby Pasadena is nearly 40% higher than the state average and 88.6% higher than the national average. In La Mirada, which is also not far from Los Angeles, the cost of living is 8.4% and 58.3% higher than the state and national averages, respectively.

Average Home Prices in Los Angeles

Housing isn't cheap in Los Angeles either. The median price for a home in the city will cost you $689,500. That's significantly more than the state average of $552,800 and nearly 300% higher than the national average of $231,200. The median price of a home in Pasadena is $815,600, which is $262,800 higher than the average price in California and 352.8% higher than the rest of the country's average. Average homes in La Mirada will cost you $583,400. That's still more than $30,000 higher than the state average and 152.3% more than the national average. While it might not be the cheapest place in the country to buy a home, there are many rent-to-own options available in the city.

Los Angeles Statistics

If you're interested in Los Angeles rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common Los Angeles statistics compared to the U.S. national average.

Los Angeles Averages National Averages
One-Way Commute 30.9 minutes 26.4 minutes
Violent Crime 29.1 22.7
Property Crime 35.1 35.4
Unemployment Rate 5.1% 3.9%
Income Tax Rate 9.3% 4.6%
Air Quality 36 58
Water Quality 52 55
Median Household Income $49,682 $53,482
Median Property Taxes $4,900 $2,200
Utilities $110/month $112/month
Monthly Rent $1,375 $1,470
Median Home Cost $689,500 $231,200
Median Home Age 53 years 40 years

Popular Amenities and Attractions in Los Angeles

There's a game going on in Los Angeles every season of the year. The Rams, Chargers, Clippers, Lakers, Dodgers, Kings, and Galaxy are all professional sports teams - some with long histories of rivalries and success. The city is even loaded with NCAA teams and has a lot of college football and basketball pride.

There are plenty of activities and sights to see in the city if you're not into sports. Check out the famous "Hollywood" sign and walk through the neighborhood's popular streets - you never know which famous actor you'll bump into on a given day. Go to Disneyland Park to enjoy the rides and shows or to see your favorite cartoon characters come to life. Check out the Griffith Observatory to enjoy views ranging from Downtown L.A. to the Pacific Ocean. And if you're just in the mood to bask in the sun, you can join the masses and spend your daylight hours at the beach. When you're ready to call it a day, there's no shortage of restaurants to satisfy your culinary desires.

There's so much more to do and see in La La Land. More than 50 million people visit Los Angeles every year. It is a massive city with a vibrant downtown, an excellent nightlife, and a diverse, accepting population. Everyone is welcome in the City of Angels. If you like sunny weather and are looking for a great community with rent-to-own home opportunities, come to El Pueblo de la Reyna de Los Angeles - The Town of the Queen of Angels.

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