Rent to own Homes in Norwalk, CA

The average price of homes changes dramatically, depending on the size and location. For detached homes, buyers can expect a price point around $400,000, while condominiums have a substantially lower cost at approximately $92,000, on average. With only an estimated 55 vacant houses for rent, it might be a challenge to find rent to own options, but they are out there. The number of vacant properties for sale is even lower, so be sure to plan a move well in advance. The 28.8 percent increase in median home sale prices compared to last year means this area is well worth a look for both renters and buyers.

Norwalk, CA is a great place for affordable rent-to-own homes! With a median household income of over $77,425 and a median rent of $1,678, the Norwalk, 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 Norwalk, 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 Norwalk, CA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
3612 COURTSIDE CIR
Rent To Own
 
Single Family Home
Huntington Beach, CA 92649
4
9
9128 ft2
2002
1 of 76 3711 Baldwin St
Rent To Own
Montecito Heights
Townhouse/Condo
Los Angeles, CA 90031
2
2
1145 ft2
2008
2035 N ORANGE OLIVE RD
Rent To Own
 
Townhouse/Condo
Orange, CA 92865
4
3
2197 ft2
2018
3121 W 133RD ST
Rent To Own
East Hawthorne
Single Family Home
Hawthorne, CA 90250
3
1
1308 ft2
1940
421 S LA FAYETTE PARK PL #510
Rent To Own
Westlake
Townhouse/Condo
Los Angeles, CA 90057
2
2
1025 ft2
1971
Hot
2222 S MESA ST #7
Rent To Own
Coastal San Pedro
Townhouse/Condo
San Pedro, CA 90731
3
3
1987 ft2
1990
30421 MIRALESTE DR
Rent To Own
 
Single Family Home
Rancho Palos Verdes, CA 90275
4
5
3765 ft2
1978
Hot
15217 KENSINGTON PARK DR
Rent To Own
 
Townhouse/Condo
Tustin, CA 92782
3
3
1676 ft2
2007
2733 BELDEN DR
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90068
3
4
2299 ft2
2011
1351 Orange St #221
Rent To Own
Hollywood
Single Family Home
Los Angeles, CA 90028
1
1
771 ft2
1977
1351 Orange St
Rent To Own
Hollywood
Single Family Home
Los Angeles, CA 90028
1
1
771 ft2
1977
New
6728 HILLPARK DR #507
Rent To Own
Hollywood Hills
Townhouse/Condo
Los Angeles, CA 90068
2
2
1000 ft2
1966
1 of 3 8940 KRAMERWOOD PL
Rent To Own
Beverlywood
Single Family Home
Los Angeles, CA 90034
4
2
2198 ft2
1942
1409 VIA ARCO
Rent To Own
 
Single Family Home
Palos Verdes Estates, CA 90274
5
7
6258 ft2
1970
3751 DELMAS TER
Rent To Own
Palms
Townhouse/Condo
Los Angeles, CA 90034
4
2
2034 ft2
1914
3366 CHARLESTON WAY
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90068
4
3
2813 ft2
1937
8954 Saint Ives Dr
Rent To Own
West Hollywood
Single Family Home
West Hollywood, CA 90069
5
6
4250 ft2
1939
1911 Sunset Plaza Dr
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90069
4
6
4800 ft2
2021
1 of 48 10840 QUEENSLAND ST
Rent To Own
Palms
Single Family Home
Los Angeles, CA 90034
3
2
1302 ft2
1940
10700 CUSHDON AVE
Rent To Own
West Los Angeles
Single Family Home
Los Angeles, CA 90064
5
5
4116 ft2
1944
1 of 22 8755 SKYLINE DR
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90046
4
4
4428 ft2
2000
4140 GLENCOE AVE #516
Rent To Own
Marina Del Ray
Townhouse/Condo
Marina Del Rey, CA 90292
2
3
2000 ft2
2016
11038 Camarillo St
Rent To Own
Valley Village
Townhouse/Condo
Toluca Lake, CA 91602
1
1
678 ft2
1991
10475 ASHTON AVE #204
Rent To Own
Westwood
Townhouse/Condo
Los Angeles, CA 90024
2
3
1519 ft2
1987
10008 Silverton Ave
Rent To Own
Tujunga
Single Family Home
Tujunga, CA 91042
3
2
1200 ft2
1950
626 SIENA WAY
Rent To Own
Bel Air
Single Family Home
Los Angeles, CA 90077
5
8
7266 ft2
1938
1101 S BUNDY DR
Rent To Own
West Los Angeles
Single Family Home
Los Angeles, CA 90049
6
9
5846 ft2
2012
6544 SAINT CLAIR AVE
Rent To Own
North Hollywood
Single Family Home
North Hollywood, CA 91606
4
2
1383 ft2
1947
4533 ESTRONDO DR
Rent To Own
Encino
Single Family Home
Encino, CA 91436
6
9
7317 ft2
1961
5427 ENCINO AVE
Rent To Own
Encino
Single Family Home
Encino, CA 91316
5
7
5846 ft2
1990
5460 WHITE OAK AVE #A227
Rent To Own
Encino
Townhouse/Condo
Encino, CA 91316
1
1
683 ft2
1971
26 VISTA MONTEMAR
Rent To Own
Niguel Summit
Single Family Home
Laguna Niguel, CA 92677
5
6
6351 ft2
1998
18645 HATTERAS ST #244
Rent To Own
Tarzana
Townhouse/Condo
Tarzana, CA 91356
2
1
830 ft2
1973
6455 GEYSER AVE
Rent To Own
Reseda
Single Family Home
Reseda, CA 91335
4
2
1200 ft2
1954
28572 PASEO ZORRO
Rent To Own
 
Single Family Home
San Juan Capistrano, CA 92675
6
8
6831 ft2
1992
1 of 71 12105 Foster Rd
Rent to Own Eligible
Norwalk-La Mirada
Townhouse/Condo
Norwalk, CA 90650
2
1
1142 ft2
1982
New
11726 MAPLEDALE ST
Rent to Own Eligible
Norwalk-La Mirada
Single Family Home
Norwalk, CA 90650
3
1
1106 ft2
1950
1 of 21 14811 STUDEBAKER RD
Rent to Own Eligible
Norwalk-La Mirada
Single Family Home
Norwalk, CA 90650
3
1
1029 ft2
1950
13428 1/4 VILLAGE DR
Rent to Own Eligible
ABC
Townhouse/Condo
Cerritos, CA 90703
2
2
824 ft2
1970
New
11929 160TH ST
Rent to Own Eligible
Norwalk-La Mirada
Single Family Home
Norwalk, CA 90650
3
2
1120 ft2
1959
10440 MOLETTE ST
Rent to Own Eligible
Bellflower
Single Family Home
Bellflower, CA 90706
3
2
1157 ft2
1954
New
13319 ALBURTIS AVE
Rent to Own Eligible
Norwalk-La Mirada
Single Family Home
Norwalk, CA 90650
3
2
1252 ft2
1950
14802 DALWOOD AVE
Rent to Own Eligible
Norwalk-La Mirada
Single Family Home
Norwalk, CA 90650
2
1
1107 ft2
1948
11564 BELCHER ST
Rent to Own Eligible
Norwalk-La Mirada
Single Family Home
Norwalk, CA 90650
3
2
852 ft2
1959
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Neighborhoods in Norwalk, CA

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Buying a Home in Norwalk, CA

Norwalk, CA is seeing rapid growth and Norwalk, CA's' housing market remains not optimal with an average home price that is 112% above the 2024 national average. Norwalk, 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 Norwalk, CA

Median Rent in Norwalk, CA

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

Local Sports As an LA suburb, residents of Norwalk have easy access to all of the the professional sports teams hosted in the city. Baseball fans can catch a game the Anaheim stadium to root for the Angel's. Pro basketball fans have a couple of options with the Clippers and the Lakers. Both teams play at the Staples Center in downtown LA. The 49ers, Raiders and Chargers all play out of California, although not Los Angeles. Still, football fans can plan a trip to catch Sunday game in San Francisco, San Diego or Oakland.

Weather and Climate Other than the occasional earthquake, Norwalk has some of the nicest weather in the continental United States. This city sees less than half the United States average rainfall and absolutely no snow. Most years, residents enjoy sunny days for eleven out of twelve months. In July, temperatures average a very comfortable 82 degrees, while January weather never reaches bitterly cold, averaging 45.5 degrees. A short drive to the ocean gives residents a chance to cool off during the hottest days, and a light jacket is all that is needed during the winter.

Neighborhoods Norwalk has all the amenities you could want in a city. Here are some of its neighborhoods you should know about: