Rent to own Homes in Marina, CA
Having been incorporated in 1975, Marina is a fairly new city (though it technically dates back to the 1800s). In 1918, a railroad stop was added to the community, the area was officially named Marina and the population gradually began to grow. Now there are plenty of local attractions to keep residents busy. For those times when they wish to venture out, nearby areas like Monterey, Seaside and Salinas are all less than 10 minutes away.
Marina, CA is a great place for affordable rent-to-own homes! With a median household income of over $73,115 and a median rent of $1,569, the Marina, 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 Marina, 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 Marina, CA Property Resources
Rent to own Homes in Cities Near Marina, CA
- Amesti
- Aptos
- Aptos Hills-Larkin Valley
- Aromas
- Big Sur
- Boronda
- Capitola
- Carmel
- Carmel-by-the-Sea
- Carmel Valley
- Carmel Valley Village
- Castroville
- Chualar
- Corralitos
- Day Valley
- Del Monte Forest
- Del Rey Oaks
- Elkhorn
- Freedom
- Gilroy
- Gonzales
- Interlaken
- La Selva Beach
- Las Lomas
- Marina
- Monterey
- Moss Landing
- Pacific Grove
- Pajaro
- Pajaro Dunes
- Pebble Beach
- Pleasure Point
- Prunedale
- Rio del Mar
- Salinas
- Sand City
- San Juan Bautista
- Santa Cruz
- Seacliff
- Seaside
- Soquel
- Spreckels
- Twin Lakes
- Watsonville
Neighborhoods in Marina, CA
Marina Heights rent to own homes Cypress Knolls rent to own homes University Village rent to own homes Downtown Marina rent to own homes Central Marina rent to own homes Marina rent to own homesPopular Zip Codes in Marina, CA
93933 rent to own homesBuying a Home in Marina, CA
Marina, CA is seeing rapid growth and Marina, CA's' housing market remains not optimal with an average home price that is 161% above the 2024 national average. Marina, CA is part of Monterey 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 Monterey is 0.51% which is below the national average, which is 0.99%.
Median Home Price in Marina, CA
Median Rent in Marina, CA
Top 4 Reasons to Live in Marina, CA
Affordable property taxes! After buying a home here, you'll notice that the property tax rate is about $8.50 per $1,000 of value. The national average is almost one and a half times that amount, so you'll save some money on this home expense in Marina. If you're looking for a good deal on your new home, check out the homes near West Blanco Road and Reservation Road. There are also plenty of affordable homes near Carmel Avenue and Bradley Circle.
Beautiful beaches and parks! If you love pretty scenery, boating and fishing, you'll enjoy living near Marina State Beach. From here, you'll see some breathtaking sunsets, and you'll have a chance to paraglide or fly a kite, since this seems to be a popular spot for such activities. A short walk from the beach is Fort Ord Dunes State Park, which is a great place for hiking, fishing and walking along some peaceful pathways.
More renters than average! If you decide to rent or even rent to own, you won't be the only one in this city. That's because about 56 percent of the city's homes are occupied by renters, which is more than the national average of 30 percent. One of the most popular neighborhoods in Marina is Neponset, so take a look at this area when you're ready to find a home. If you want to live along the coast, you'll want to look near Lapis Road and Del Monte Boulevard.
Great events for residents! When you need a good excuse to get out of the house and socialize with your neighbors, Marina has a few events in store for you. A regular event is the Marina Certified Farmers Market, which occurs every Sunday and features locally grown produce. If you're looking for a special annual event, consider the Marina Air Faire, which lets locals check out old planes every fall. Marina also hosts events for various holidays, such as Labor Day and Earth Day.