Rent to own Homes in McKinleyville, CA
The town is a collection of settlements that received its present name after the assassination of President William McKinley out of sympathy for the fallen leader. Located on the California Coast where Highway 101 meets Highway 299, it's also where the regional Arcata-Eureka Airport is located and the town serves as a gateway to Redwoods National Park. The area grew up on logging, agriculture and fishing but these days relies heavily on tourism.
McKinleyville, CA is a great place for affordable rent-to-own homes! With a median household income of over $54,697 and a median rent of $962, the McKinleyville, 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 McKinleyville, 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.
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McKinleyville, CA is seeing rapid growth and McKinleyville, CA's' housing market remains not optimal with an average home price that is 40% above the 2024 national average. McKinleyville, CA is part of Humboldt 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 Humboldt is 0.51% which is below the national average, which is 0.99%.
Median Home Price in McKinleyville, CA
Median Rent in McKinleyville, CA
Top 5 Reasons to Live in McKinleyville, CA
Great local breweries! Fans of craft brews will find many options here. Six Rivers Brewery is a hot local pub with a growing reputation among the California celebrity set. Humboldt Regeneration Brewery and Farm is fairly new on the scene and is committed to sourcing as locally as possible. If a cup of Joe is more your style, try Sutter's Mudd Coffee.
Steady home prices! The median sales price for late 2014 of $220,000 is virtually the same from the year before. That probably indicates a mixed market, favoring neither buyers nor sellers but leaving room for negotiations. Rent to own opportunities in the Dow's Prairie part of the community or down Calville near Mill Creek. There you will find a nice variety of established homes. The view is a definite consideration in the selling price near the coast.
Coast and Redwoods! The rough waters of Pacific storms lash shorelines, made beautiful by enduring these storms. Secluded beaches, calm inlets and rocky bluffs bring awe. Just inland from the shores are the magnificent redwood groves. Clam Beach is a lovely stretch of sand in the north of town and Redwood National Park is just minutes up Highway 101.
Lots of types of housing! Coastal homes usually feature a lot of glass facing the ocean to take advantage of the spectacular views. They come in styles from A-frames to contemporary. In the city, houses are more standard, usually wood-framed and single-story. In the hills, residences can vary from small cabin-style units to large villas with expansive views. Check out Ming Tree Realtors or Coast Central Realty for help with finding your dream home in McKinleyville.
Hammond Trail! This is a favorite local recreational trail and a top spot for tourists. It passes through spectacular scenic areas, some featuring superlative ocean vistas. Cross a railroad bridge into the bottom areas and be sure to look for wildlife. Go for the entire five-mile length or just take in a portion. Step off the trail a bit and visit the beach at Mad River State Park.