Rancho Cordova, California, is a suburb of Sacramento. In 2010, Rancho Cordova was awarded an All-America City Award, which confirms its reputation as a safe, clean, quiet and affordable place to live. The amount of famous and successful people who live in Rancho Cordova also serves as proof of how lovely a place it is to live. Current residents include former MLB pitcher Chris Bosio, Lester Holt of The Today Show, comic artist Greg Dean, model Nicole Mitchelle, and actor Robbie Jones, among many, many more. If you want a rent to own house, a rental apartment, or house to buy in the Sacramento area, Rancho Cordova is a great place for you to look.
Rancho Cordova, CA is a great place for affordable rent-to-own homes! With a median household income of over $69,963 and a median rent of $1,327, the Rancho Cordova, 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 Rancho Cordova, 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.
Rancho Cordova, CA is seeing rapid growth and Rancho Cordova, CA's' housing market remains not optimal with an average home price that is 50% above the 2022 national average. Rancho Cordova, CA is part of Sacramento 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 2022 for county Sacramento is 0.68% which is below the national average, which is 0.99%.
Rancho Cordova, CA has a walk score of
Rancho Cordova, CA has a bike score of
The state tax rate is 1.0 to 12.3% on top of the federal tax rate of 10 to 37%.