Rent to own Homes in Santa Paula, CA
Santa Paula, CA is a small, agricultural town located on the California coast near Los Angeles. Santa Paula has a population of just under 30,000 people, and is home to many of the world's largest citrus farms. In fact, Santa Paula is known as the citrus capital of the world. Santa Paula is best described as a small town community with California flair. Santa Paula has plenty to offer citizens and is bursting with pride and community spirit.
Santa Paula, CA is a great place for affordable rent-to-own homes! With a median household income of over $62,241 and a median rent of $1,383, the Santa Paula, 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 Santa Paula, 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 Santa Paula, CA
Neighborhoods in Santa Paula, CA
Park Street rent to own homes Richmond rent to own homes The Oaks rent to own homes Downtown Santa Paula rent to own homes Mckevett Heights rent to own homes Santa Paula rent to own homes South Seventh Street rent to own homesPopular Zip Codes in Santa Paula, CA
93061 rent to own homesBuying a Home in Santa Paula, CA
Santa Paula, CA is seeing rapid growth and Santa Paula, CA's' housing market remains not optimal with an average home price that is 94% above the 2024 national average. Santa Paula, CA is part of Ventura 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 Ventura is 0.59% which is below the national average, which is 0.99%.
Median Home Price in Santa Paula, CA
Median Rent in Santa Paula, CA
4 Great Reasons to Live in Santa Paula, CA
It's the citrus capital of the world! Santa Paula is known for its agricultural beauty and numerous citrus farms. Santa Paula has dozens of farms and citrus groves where oranges and lemons grow. Many Santa Paula farms also grow avocado plants. Its proximity to the Santa Clara River Valley and its position in the heart of Ventura County makes Santa Paula farms thrive whether they are large or small.
More homes and jobs! After the real estate collapse in 2008, Santa Paula has bounced back with an improving economy that makes it a great place to live and work. The average home value in Santa Paula has steadily climbed ever since, and has now hit over $280,000, up from $160,000 in 2000. Property taxes are incredibly low compared with larger nearby cities, as most Santa Paula residents pay under 1 percent tax in property taxes, far below the property tax rate for nearby Los Angeles.
The best-kept secret in Southern California! Santa Paula is full of charm and hospitality for residents and visitors alike. Santa Paula has numerous community events each year where locals can sample the very best of Santa Paula. Each "first Sunday" of the month, the Santa Paula Airport hosts a community event. Locals look forward to the DeColores Art Festival in April and the October festival celebrating classic cars. And in July, residents work hard to attend the annual Citrus Festival! Beach lovers will love the short drive to the ocean for swimming, surfing, and other ocean activities.
There is room to grow! Santa Paula has plenty of wide, open spaces with room to grow. In 2010, Santa Paula had over 8,000 households with plenty of room for expansion. Some of the fastest-growing neighborhoods for community growth and rent to own homes include Hillview Estates, Lemonwood, and Limoneira.