Temescal Valley is identified as a census-designated place in Riverside County, but it's also largely accepted as a region that extends from Corona, CA to just north of Lake Elsinore. The area gets its name from Rancho Temescal, a land grant from the 1800s. Nowadays Temescal Valley is known for its rolling hills, deep valleys and distance from Los Angeles and San Diego. This region is growing steadily as new property is built and people aim to escape the bustling life of a bigger city.
Temescal Valley, CA is a great place for affordable rent-to-own homes! With the current housing shortage trend it can make it harder to become a homeowner, including in Temescal Valley, 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.
Temescal Valley, CA is seeing rapid growth and Temescal Valley, CA's' housing market remains optimal with an average home price that is -100% below the 2022 national average. Temescal Valley, CA is part of Riverside 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 Riverside is 0.8% which is below the national average, which is 0.99%.
Temescal Valley, CA has a walk score of
Temescal Valley, 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%.