Rent to own Homes in Redding, CA
It has been said that Northern California is like a different country when compared to the cities in the lower half of the state. A few minutes in Redding and this becomes abundantly clear. Redding is located off I-5 along the Sacramento River, and it's closer to the California-Oregon border than the closest metropolitan area, which is Sacramento. Redding is within driving distance of the unusually named Whiskeytown Lake, just south of Shasta Caverns, and only an hour or so away from Redwoods National Park. This city is a nature lover's paradise, but it also has all the entertainment options of a big city.
Redding, CA is a great place for affordable rent-to-own homes! With a median household income of over $56,098 and a median rent of $1,112, the Redding, 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 Redding, 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 Redding, CA Property Resources
Rent to own Homes in Cities Near Redding, CA
Neighborhoods in Redding, CA
Reservoir rent to own homes Rancheria rent to own homes Westwood rent to own homes Tanglewood rent to own homes Alta Mesa rent to own homes Hawley/twin Tower rent to own homes Metz Road rent to own homes Panorama rent to own homes Lakeview rent to own homes Oasis rent to own homesBuying a Home in Redding, CA
Redding, CA is seeing rapid growth and Redding, CA's' housing market remains not optimal with an average home price that is 26% above the 2024 national average. Redding, CA is part of Shasta 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 Shasta is 0.6% which is below the national average, which is 0.99%.
Median Home Price in Redding, CA
Median Rent in Redding, CA
Top Reasons to Live in Redding CA
Housing Statistics Redding has some very nice homes with views that are unbeatable. Compared to the national average, this area is actually relatively cheap to live in. Median sale price for a home in Redding in 2012 was $200,000. If you see a home you like that's a little out of your price range, there's good news. The average average sale price in 2012 was $312,000, meaning you have plenty of room to negotiate since prices have been falling quite drastically. If you're looking for an apartment or a rent to own option, apartment vacancy in the city is at 6.59% so you may have to look a little for the right place. To make matters a little easier, the turnover rate is a steady 17%, so hang out until early spring or mid summer and scoop up the place of your dreams.
Local Eats Not quite world famous (yet), Northwestern cuisine is a delightfully eclectic mix of flavors and textures. Northern Californian food's influences range from Spanish tapas to Asian stir-fry and Midwestern chilis. Due to its incredible diversity, Redding offers up some of the most unique and delicious recipes available. For authentic Thai, there is no beating Janya's on Market St. Big Bear Diner on HIlltop lives up to its name with hash browns, chicken fried steak and peach cobbler - this is mountain food. For fine dining, View 202 offers riverside scenery paired with high quality American cuisine and a selection of incredible wines. Speaking of wine, let us not forget that California is wine country and Redding is home to Moseley Family Cellars and just a stone's throw from Matson Vineyards.
Nightlife You never have to go far for great drinks, good friends and the best music in town. Monroe's Nightclub is a little laid back during the week, but when weekend comes around, it cranks it up to full volume. Castle Lounge is considered by many locals to the be the very best bar in town. From its colorful motto to the dark, classic atmosphere, this is where friends meet and share good times well into the evening and morning hours. If you're feeling lucky, head over to Hilltop and check out the Casino Poker Club for a nightclub, sports bar and casino all in one location.
Neighborhoods The majority of Redding's neighborhoods are centered around the Sacramento River. Here are some areas you should know about: