Rent to own Homes in Alum Rock, CA
Located in Santa Clara, California, and part of the greater San Jose metro area, Alum Rock is small community, spanning only 1.2 miles. With a population of 15,536, it is a very small but highly urban area. The great weather and easy access to jobs and entertainment make Alum Rock a great place to call home. The commute to San Jose can be accomplished in minutes and getting to the beach is just as easy.
Alum Rock, CA is a great place for affordable rent-to-own homes! With a median household income of over $95,479 and a median rent of $1,963, the Alum Rock, 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 Alum Rock, 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 Alum Rock, CA Property Resources
Rent to own Homes in Cities Near Alum Rock, CA
- Alum Rock
- Amesti
- Atherton
- Ben Lomond
- Bonny Doon
- Boulder Creek
- Brookdale
- Cambrian Park
- Campbell
- Capitola
- Corralitos
- Cupertino
- Day Valley
- East Palo Alto
- Fremont
- Gilroy
- Hayward
- Interlaken
- Ladera
- La Selva Beach
- Lexington Hills
- Livermore
- Lompico
- Los Altos
- Los Altos Hills
- Loyola
- Menlo Park
- Monte Sereno
- Morgan Hill
- Mount Hamilton
- Newark
- Pleasanton
- Pleasure Point
- Rio del Mar
- San Jose
- San Martin
- Santa Clara
- Santa Cruz
- Saratoga
- Scotts Valley
- Seacliff
- Soquel
- Stanford
- Sunnyvale
- Sunol
- Twin Lakes
- Union City
- Watsonville
- West Menlo Park
- Zayante
Neighborhoods in Alum Rock, CA
Malabar - Nordyke rent to own homes La Pala South rent to own homes Villa East rent to own homes Wilbur rent to own homes Florence Ct. rent to own homesPopular Zip Codes in Alum Rock, CA
No zip codes foundBuying a Home in Alum Rock, CA
Alum Rock, CA is seeing rapid growth and Alum Rock, CA's' housing market remains not optimal with an average home price that is 213% above the 2024 national average. Alum Rock, CA is part of Santa Clara 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 Santa Clara is 0.67% which is below the national average, which is 0.99%.
Median Home Price in Alum Rock, CA
Median Rent in Alum Rock, CA
Top 5 Reasons to Live in Alum Rock, CA
Get a good investment and a place to live! Alum Rock real estate has risen tremendously in value over the last decade, rising from a median value of $277,400 to $413,370. As a result, homes in this community are solid investments. Shop along Bedford Street for houses or explore Rose Avenue to find a bargain.
Hikers have plenty of trails to explore! There are several trails that come together to give hikers, bikers and horseback riders a hefty day trip. Travel along the North Rim Trail to the Boccardo Trail and finish with the South Rim Trail to cover more than 13 miles. While hiking in Alum Rock Park, visitors can also take a look at the infamous alum rock from which the area got its name.
Rancher-style homes preferred! Real estate in Alum Rock has some variation, but ranchers are the most common type of house. For those seeking a multi-story home, there are several on the market. Rent to own options open up the market a bit, with prices typically sitting between $400,000 and $600,000. Evelyn Avenue has rancher-style properties, with everything conveniently located on a single level, while Rainfield Drive has some unique and modern property designs.
Exceptional eats! With restaurants that run the gamut from inexpensive delis to fine dining, there is something to please any palate in Alum Rock. For a quick lunch, locals enjoy Antipasto's by Derose Gourmet Meat Fish & Deli. Moonraker Restaurant offers fine dining and a fabulous ocean view.
Locals love to party! Festivals are a big part of living in Alum Rock, with the Story Road Tamale Festival and the San Jose Taco Festival of Innovation catering to foodies. Art enthusiasts might enjoy a day spent at the Berryessa Art & Wine festival, while movie lovers can explore indie films at the Cinequest Film Festival. Each year, there is a festival devoted to almost every hobby.