Rent to own Homes in Orcutt, CA
Orcutt is an unincorporated town, and it spans over 11 square miles just south of Santa Maria. Despite its size, this small southern California town till has a lot to offer. For starters, Orcutt has a prime location and offers scenic views. From the coast to a national forest, residents of Orcutt have nature's bounty at their fingertips. Orcutt also offers an abundance of charm and reasonable real estate prices for this part of the country.
Orcutt, CA is a great place for affordable rent-to-own homes! With a median household income of over $95,916 and a median rent of $1,736, the Orcutt, 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 Orcutt, 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 Orcutt, CA
Neighborhoods in Orcutt, CA
Mission Highlands rent to own homes Elkhorn rent to own homes Downtown Orcutt rent to own homes Foxenwood rent to own homes Evergreen Acres rent to own homes Waller Park rent to own homes Rice Ranch rent to own homes Orcutt rent to own homes Waller Park Majestic rent to own homesPopular Zip Codes in Orcutt, CA
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Orcutt, CA is seeing rapid growth and Orcutt, CA's' housing market remains not optimal with an average home price that is 105% above the 2024 national average. Orcutt, CA is part of Santa Barbara 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 Santa Barbara is 0.51% which is below the national average, which is 0.99%.
Median Home Price in Orcutt, CA
Median Rent in Orcutt, CA
Top 5 Reasons to Live in Orcutt, CA
Property values are increasing! At the end of 2014, the property owners in Orcutt are seeing their home values move in an upwards direction. Between mid-October and mid-November, the average listing price rose by more than 4%. Homes for sale with 2- and 4-bedroom layouts saw the biggest list price increase during this same time frame. Homes from Bristol Court to Hamilton Lane are on the market and have excellent values.
A national forest in your backyard! Living in Orcutt means Los Padres National Forest is just miles away, replete with over 1 million acres of wilderness. Nearly half of the forest is comprised of government protected land, including the San Rafael and Santa Lucia designated wildernesses. Visit the forest for a hike, go rock climbing in the Santa Barbara Ranger district, or bring a picnic.
Plenty of active home listings! More than 70% of homes in Orcutt are owner occupied, proving that people prefer to set down roots here over renting for a short time. Still, as of late 2014, about 100 properties were actively on the market as rent to own homes or as traditional sales. Homes on the cusp of Santa Maria in the north and U.S. Route 101 and East Clark Avenue are regularly up for grabs.
Live in the heart of wine country! Orcutt residents enjoy a location in the midst of some of Southern California's best wineries. Just minutes outside the city, you'll find the Sobriquet Winery, Costa de Oro Winery and Marketplace and Tantara Winery. The Tantara Winery boasts a variety of Pinot Noir releases as well as Chardonnay. All fruit is sourced from California, much of it from local vineyards!
Small town coastal atmosphere! Despite being just about 60 miles from Santa Barbara and adjacent to Santa Maria, Orcutt retains a small town charm and sits about 30 minutes from the Pacific Ocean. Point Sal Beach State Park has more than a mile of sandy beaches and is open daily to the public. Take in spectacular views of the rugged coastline and jump in the water, or hike throughout the 80 acres of parkland.