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 440
1 of 91 3711 Baldwin St
Rent To Own
Montecito Heights
Townhouse/Condo
Los Angeles, CA 90031
2
2
1145 ft2
2008
10008 Silverton Ave
Rent To Own
Tujunga
Single Family Home
Tujunga, CA 91042
3
2
1200 ft2
1950
10475 ASHTON AVE #204
Rent To Own
Westwood
Townhouse/Condo
Los Angeles, CA 90024
2
3
1519 ft2
1987
1351 Orange St #221
Rent To Own
Hollywood
Single Family Home
Los Angeles, CA 90028
1
1
771 ft2
1977
421 S LA FAYETTE PARK PL #510
Rent To Own
Westlake
Townhouse/Condo
Los Angeles, CA 90057
2
2
1025 ft2
1971
Hot
5504 FALLBROOK AVE
Rent To Own
Woodland Hills
Single Family Home
Woodland Hills, CA 91367
4
2
2100 ft2
1948
8954 Saint Ives Dr
Rent To Own
West Hollywood
Single Family Home
West Hollywood, CA 90069
5
6
4250 ft2
1939
8755 SKYLINE DR
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90046
4
4
4428 ft2
2000
5460 WHITE OAK AVE #A227
Rent To Own
Encino
Townhouse/Condo
Encino, CA 91316
1
1
683 ft2
1971
2005 N BEACHWOOD DR
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90068
3
2
2007 ft2
1911
1 of 52 9617 OAK PASS RD
Rent To Own
Beverly Crest
Single Family Home
Beverly Hills, CA 90210
3
3
4113 ft2
1979
Hot
15814 SEPTO ST
Rent To Own
North Hills West
Single Family Home
North Hills, CA 91343
3
2
1392 ft2
1956
2733 BELDEN DR
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90068
3
4
2299 ft2
2011
6544 SAINT CLAIR AVE
Rent To Own
North Hollywood
Single Family Home
North Hollywood, CA 91606
4
2
1383 ft2
1947
3366 CHARLESTON WAY
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90068
4
3
2813 ft2
1937
10700 CUSHDON AVE
Rent To Own
West Los Angeles
Single Family Home
Los Angeles, CA 90064
5
5
4116 ft2
1944
6455 GEYSER AVE
Rent To Own
Reseda
Single Family Home
Reseda, CA 91335
4
2
1200 ft2
1954
Hot
2222 S MESA ST #7
Rent To Own
Coastal San Pedro
Townhouse/Condo
San Pedro, CA 90731
3
3
1987 ft2
1990
17734 PORTO MARINA WAY
Rent To Own
Castellammare
Single Family Home
Pacific Palisades, CA 90272
2
2
1189 ft2
1952
3121 W 133RD ST
Rent To Own
East Hawthorne
Single Family Home
Hawthorne, CA 90250
3
1
1308 ft2
1940
5427 ENCINO AVE
Rent To Own
Encino
Single Family Home
Encino, CA 91316
5
7
5846 ft2
1990
1 of 3 8940 KRAMERWOOD PL
Rent To Own
Beverlywood
Single Family Home
Los Angeles, CA 90034
4
2
2198 ft2
1942
1101 S BUNDY DR
Rent To Own
West Los Angeles
Single Family Home
Los Angeles, CA 90049
6
9
5846 ft2
2012
626 SIENA WAY
Rent To Own
Bel Air
Single Family Home
Los Angeles, CA 90077
5
8
7266 ft2
1938
18645 HATTERAS ST #244
Rent To Own
Tarzana
Townhouse/Condo
Tarzana, CA 91356
2
1
830 ft2
1973
30421 MIRALESTE DR
Rent To Own
 
Single Family Home
Rancho Palos Verdes, CA 90275
4
5
3765 ft2
1978
4140 GLENCOE AVE #516
Rent To Own
Marina Del Ray
Townhouse/Condo
Marina Del Rey, CA 90292
2
3
2000 ft2
2016
4533 ESTRONDO DR
Rent To Own
Encino
Single Family Home
Encino, CA 91436
6
9
7317 ft2
1961
23910 DE VILLE WAY #C
Rent To Own
Eastern Malibu
Townhouse/Condo
Malibu, CA 90265
2
2
1470 ft2
1965
3612 COURTSIDE CIR
Rent To Own
 
Single Family Home
Huntington Beach, CA 92649
4
9
9128 ft2
2002
6219 FRONDOSA DR
Rent To Own
Western Malibu
Single Family Home
Malibu, CA 90265
4
3
2659 ft2
1962
74 MAEGAN PL #8
Rent To Own
 
Townhouse/Condo
Thousand Oaks, CA 91362
3
3
1200 ft2
1985
2035 N ORANGE OLIVE RD
Rent To Own
 
Townhouse/Condo
Orange, CA 92865
4
3
2197 ft2
2018
Hot
15217 KENSINGTON PARK DR
Rent To Own
 
Townhouse/Condo
Tustin, CA 92782
3
3
1676 ft2
2007
26 VISTA MONTEMAR
Rent To Own
Niguel Summit
Single Family Home
Laguna Niguel, CA 92677
5
6
6351 ft2
1998
New
2243 TERRACE HEIGHTS AVE
Rent to Own Eligible
Boyle Heights
Single Family Home
Los Angeles, CA 90023
2
1
1052 ft2
1909
1506 S DUNCAN AVE
Rent to Own Eligible
Montebello
Townhouse/Condo
Commerce, CA 90040
3
2
1304 ft2
1932
New
1049 S ALMA AVE
Rent to Own Eligible
East Los Angeles
Single Family Home
Los Angeles, CA 90023
4
1
1264 ft2
1911
New
2021 W 65TH PL
Rent to Own Eligible
South Central LA
Single Family Home
Los Angeles, CA 90047
3
2
2044 ft2
1925
3275 FOLSOM ST
Rent to Own Eligible
Boyle Heights
Single Family Home
Los Angeles, CA 90063
2
1
856 ft2
1923
1 of 6 1071 N EASTMAN AVE
Rent to Own Eligible
East Los Angeles
Single Family Home
Los Angeles, CA 90063
5
2
1282 ft2
1960
New
11917 BURTON ST
Rent to Own Eligible
Sun Valley
Single Family Home
North Hollywood, CA 91605
2
1
802 ft2
1950
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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 2024 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 2024 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.