Sacramento may not be the most famous city in California, but it's certainly one of its most charming and inviting: It once named by Time magazine as "America's Most Diverse City." That's a title many of the local inhabitants are still proud of today, as you may well find out when you walk around town! Being 6th largest city in the state, Sacramento has a lot of interesting things to see and do, with a beautiful cityscape, great museums and parks, and a rich sporting history.
Sacramento, CA is a great place for affordable rent-to-own homes! With a median household income of over $65,847 and a median rent of $1,328, the Sacramento, 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 Sacramento, 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.
Sacramento, CA is seeing rapid growth and Sacramento, CA's' housing market remains not optimal with an average home price that is 66% above the 2023 national average. Sacramento, 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 2023 for county Sacramento is 0.68% which is below the national average, which is 0.99%.
Sacramento, CA is considered one of the best places to live in the country. Residents are mostly college grads in their 20s and 30s and there are plenty of things to do for both singles and families.
Yes, Sacramento is safe with both violent and property crime rates below the national average
Sacramento, CAs cost of living is 17% higher than the national average. The average monthly cost of living, minus rent, for a family of four, is $3,733.59 and $1,043.87 for a single person.
Sacramento doesn't sit on any major fault lines but it does experience small earthquakes as a result of its proximity to SAn Francisco.