Rent to own Homes in Orange, CA
The city of Orange, California, is 32 miles southeast of Los Angeles, CA. The city's population of over 138,000 has a median age of 33 years. Orange has the second largest concentration of historic buildings in the region, many of which can be found in Old Towne, the Orange Historic District that dates back to the 1800s and is representative of the structures built in that period. The city provides a full range of services for its citizens, and it's home to parks, lakes, and a metropolitan commercial center.
Orange, CA is a great place for affordable rent-to-own homes! With a median household income of over $96,605 and a median rent of $1,857, the Orange, 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 Orange, 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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Rent to own Homes in Cities Near Orange, CA
- Alhambra
- Aliso Viejo
- Anaheim
- Arcadia
- Artesia
- Avocado Heights
- Azusa
- Baldwin Park
- Bell
- Bellflower
- Bell Gardens
- Bradbury
- Brea
- Buena Park
- Carson
- Cerritos
- Charter Oak
- Chino
- Chino Hills
- Citrus
- Claremont
- Commerce
- Compton
- Corona
- Coronita
- Costa Mesa
- Coto de Caza
- Covina
- Cudahy
- Cypress
- Dana Point
- Diamond Bar
- Downey
- Duarte
- East La Mirada
- East Los Angeles
- East Rancho Dominguez
- Eastvale
- El Monte
- Fountain Valley
- Fullerton
- Garden Grove
- Glendora
- Hacienda Heights
- Hawaiian Gardens
- Home Gardens
- Huntington Beach
- Industry
- Irvine
- Sunset Beach
Neighborhoods in Orange, CA
Old Town Orange rent to own homesPopular Zip Codes in Orange, CA
92863 rent to own homes 92856 rent to own homes 92857 rent to own homes 92859 rent to own homesBuying a Home in Orange, CA
Orange, CA is seeing rapid growth and Orange, CA's' housing market remains not optimal with an average home price that is 213% above the 2023 national average. Orange, CA is part of Orange 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 Orange is 0.56% which is below the national average, which is 0.99%.
Median Home Price in Orange, CA
Median Rent in Orange, CA
Top Reasons to Live in Orange CA
Home Statistics In August 2013, the median sales price for homes was over $598,000 for single family types and condo models. This is 38.7 percent more than California's average listing price of $449,000. Rent to own homes are more difficult to find in Orange than in other places within the state, but residents enjoy a high standard of living here with quality school districts that are ideal for raising families. 40.3 percent of homes in Orange are owner occupied, and this number is expected to rise as confidence in the housing market rebounds.
Local Events and Festivals Orange International Street Fair: Every Labor Day, the Orange International Street Fair is held in downtown Orange, uniting friends, family, and neighbors. Experience a wide variety of food, music, and dance from cultures and countries from all around the world.
Local Shopping South Coast Plaza: South Coast Plaza, along with its sister complex, South Coast Village, is the premier shopping hub for south Orange County. Over 270 of the world's most prestigious retailers are here.
Nightlife Orange has a number of bars and sports grills to help you wet your whistle. Rally behind your favorite SoCal and L.A. teams at the OC Sports Grill just off the Santa Ana Freeway. And for a true bikini bar experience, head to The Pump Room, which has free popcorn and cold beer on tap.
Local Restaurants Orange County has dozens of great restaurants that have something for everyone. If you're looking for American food, head to Cannon Seaford Grill in Dana Port Harbor, which serves seafood, steaks, salads, and pasta. Also, the Orange County Mining Company offers barbecue, as well as Happy Hour and Champagne Brunch options.