Rent to own Homes in Petaluma, CA
Low property tax rate! If you want to purchase a home or rent to own here, you will be thrilled to know that you will only pay $6.80 per $10,00 of home value. This is about half of the national average for property tax rates! Start looking for homes near North Petaluma Boulevard and Skillman Lane.
Petaluma, CA is a great place for affordable rent-to-own homes! With a median household income of over $92,762 and a median rent of $2,027, the Petaluma, 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 Petaluma, 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 Petaluma, CA Property Resources
Rent to own Homes in Cities Near Petaluma, CA
- Annapolis
- Bloomfield
- Bodega
- Bodega Bay
- Carmet
- Cazadero
- Cotati
- Dillon Beach
- Forestville
- Fulton
- Geyserville
- Graton
- Guerneville
- Healdsburg
- Inverness
- Jenner
- Larkfield-Wikiup
- Marshall
- Monte Rio
- Occidental
- Penngrove
- Petaluma
- Petaluma Center
- Point Reyes Station
- Rohnert Park
- Roseland
- Salmon Creek
- Santa Rosa
- Sebastopol
- Sereno del Mar
- Sonoma State University
- Timber Cove
- Tomales
- Valley Ford
- Windsor
Neighborhoods in Petaluma, CA
Theatre District rent to own homes Warehouse District rent to own homes Historic Downtown Petaluma rent to own homes Lower Reach rent to own homes Turning Basin rent to own homes Waterfront rent to own homes Downtown Petaluma rent to own homes Midtown rent to own homes Oakhill Brewster Historic District rent to own homes Adobe rent to own homesPopular Zip Codes in Petaluma, CA
94953 rent to own homes 94955 rent to own homes 94975 rent to own homesBuying a Home in Petaluma, CA
Petaluma, CA is seeing rapid growth and Petaluma, CA's' housing market remains not optimal with an average home price that is 205% above the 2024 national average. Petaluma, CA is part of Sonoma 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 Sonoma is 0.6% which is below the national average, which is 0.99%.
Median Home Price in Petaluma, CA
Median Rent in Petaluma, CA
Top 14 Reasons to Live in Petaluma, CA
Tons of homeowners! If you plan to buy a home or are even considering rent to own houses, you will be joining a huge club, because about 73% of the homes in Petaluma are owner occupied. You can find homes of all sizes near Frates Road and Lakeville Highway.
Great home values! When you buy a house, it's nice to know that you can expect it to keep its high value for years. In Petaluma, the median home value is about $540,000, which is even higher than the average for the rest of California. You can find homes you will love near Corona Road and North Ely Road.
Low vacancy rate! Since the vacancy rate here is about 4%, you can bet that current residents simply don't want to leave. That's a good sign, especially when it comes time to sell or rent out your house. Check out neighborhoods near Ronsheimer Road and Main Street for some great options.
Plenty of housing types! If you are looking for rent to own homes, houses for sale, or rental properties, you can find them in all sizes in this city. But you can also find apartment homes, such as Addison Ranch and Capri Creek Apartments.
Parks aplenty! Take advantage of the great California weather by heading to one of the many local parks here. Prince Park features about 22 acres and includes lots of ball fields. There also dozens of neighborhood parks, such as Sunrise Parkway and Meadow View.
Convenient location in California! When you put down some roots here, you're less than an hour from San Francisco, Berkeley and Oakland. Plus, you're only 20 minutes from scenic Sonoma.
Wineries galore! When you move here, you'll be so close to so much wine you can taste it...literally! Some of the many options here include Enriquez Estate Vineyards, Kastania Vineyards, Azari Vineyards and Armagh Vineyards.
Cavanaugh Recreation Center! Located at McNear Park, this center is where classes through the community take place. You will also find Cavanaugh Pool here, along with the beautiful McNear Community Garden.
Transportation options! Plan to use U.S. Route 101 or State Route 116 to travel around the city. If you tend to use public transportation instead, hop on one of the many buses run by Golden Gate Transit, Sonoma County Transit or Petaluma Transit, depending on where you need to go.
Great restaurants! There are lots of cute, tasty bistros here. They include Wild Goat Bistro and Le Bistro, to name just a few examples. Other options for any meal here include Lily Kai, Risibisi Restaurant and Sugo Trattoria.
Golf courses! Like most cities with great weather year round, Petaluma has some appealing golf courses with breathtaking scenery. Both Adobe Creek and Rooster Run are public golf courses with 18 holes.
Impressive shopping opportunities! If you're looking for a great deal, head to the Petaluma Village Premium Outlets. The Plaza North Shopping Center is another fairly popular venue here since it features more than 30 shops.
Entertainment options! There are plenty of places to watch a movie or take in a play in Petaluma. On a rainy day that makes you want to get cozy inside, curl up in one of the comfortable chairs at Boulevard Cinemas and watch a movie. If you are in the mood for live entertainment, check out the plays at Cinnabar Theater and concerts at the Phoenix Theater.