Rent to own Homes in Covina, CA

Built on Coffee! Covina was named for its natural "cove" that surrounded an area of vineyards planted by early pioneers, but it occupies the site of an early coffee plantation. In the early years of the 20th Century, though, it was built on oranges and grapefruit and at one point was the center of agricultural production and shipping for the entire valley.

Covina, CA is a great place for affordable rent-to-own homes! With a median household income of over $77,913 and a median rent of $1,587, the Covina, 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 Covina, 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.

Check out Covina, CA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
2035 N ORANGE OLIVE RD
Rent To Own
 
Townhouse/Condo
Orange, CA 92865
4
3
2197 ft2
2018
1 of 76 3711 Baldwin St
Rent To Own
Montecito Heights
Townhouse/Condo
Los Angeles, CA 90031
2
2
1145 ft2
2008
421 S LA FAYETTE PARK PL #510
Rent To Own
Westlake
Townhouse/Condo
Los Angeles, CA 90057
2
2
1025 ft2
1971
Hot
15217 KENSINGTON PARK DR
Rent To Own
 
Townhouse/Condo
Tustin, CA 92782
3
3
1676 ft2
2007
3612 COURTSIDE CIR
Rent To Own
 
Single Family Home
Huntington Beach, CA 92649
4
9
9128 ft2
2002
10008 Silverton Ave
Rent To Own
Tujunga
Single Family Home
Tujunga, CA 91042
3
2
1200 ft2
1950
2733 BELDEN DR
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90068
3
4
2299 ft2
2011
New
6728 HILLPARK DR #507
Rent To Own
Hollywood Hills
Townhouse/Condo
Los Angeles, CA 90068
2
2
1000 ft2
1966
1351 Orange St #221
Rent To Own
Hollywood
Single Family Home
Los Angeles, CA 90028
1
1
771 ft2
1977
1351 Orange St
Rent To Own
Hollywood
Single Family Home
Los Angeles, CA 90028
1
1
771 ft2
1977
3366 CHARLESTON WAY
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90068
4
3
2813 ft2
1937
3121 W 133RD ST
Rent To Own
East Hawthorne
Single Family Home
Hawthorne, CA 90250
3
1
1308 ft2
1940
4334 SOLANO RD
Rent To Own
 
Single Family Home
Phelan, CA 92371
5
4
4749 ft2
2006
Hot
2222 S MESA ST #7
Rent To Own
Coastal San Pedro
Townhouse/Condo
San Pedro, CA 90731
3
3
1987 ft2
1990
30421 MIRALESTE DR
Rent To Own
 
Single Family Home
Rancho Palos Verdes, CA 90275
4
5
3765 ft2
1978
New
4900 N Grand Ave
Rent to Own Eligible
Charter Oak
Townhouse/Condo
Covina, CA 91724
2
2
1095 ft2
1988
1876 E CYPRESS ST
Rent to Own Eligible
Charter Oak
Single Family Home
Covina, CA 91724
4
3
2520 ft2
1975
New
1 of 18 1136 W EDNA PL
Rent to Own Eligible
Covina-Valley
Single Family Home
Covina, CA 91722
3
2
1218 ft2
1957
1 of 34 4739 N CONWELL AVE
Rent to Own Eligible
Covina-Valley
Single Family Home
Covina, CA 91722
4
2
1196 ft2
1954
1626 E MARDINA ST
Rent to Own Eligible
Covina-Valley
Single Family Home
West Covina, CA 91791
3
2
1118 ft2
1951
1 of 31 18346 E BENBOW ST
Rent to Own Eligible
Covina-Valley
Single Family Home
Covina, CA 91722
3
2
1154 ft2
1954
1 of 9 17072 E CYPRESS ST
Rent to Own Eligible
Covina-Valley
Townhouse/Condo
Covina, CA 91722
3
3
1802 ft2
1995
New
17093 E COOLFIELD DR
Rent to Own Eligible
Covina-Valley
Single Family Home
Covina, CA 91722
4
2
1080 ft2
1955
1 of 18 1236 N Citrus Ave
Rent to Own Eligible
Covina-Valley
Townhouse/Condo
Covina, CA 91722
3
3
1365 ft2
1979
1 of 5 447 W TUDOR ST
Rent to Own Eligible
Covina-Valley
Single Family Home
Covina, CA 91722
3
1
1268 ft2
1954
New
178 BAHIA DR
Rent to Own Eligible
Covina-Valley
Townhouse/Condo
Covina, CA 91722
4
4
2055 ft2
2019
1151 W SAN BERNARDINO RD
Rent to Own Eligible
Covina-Valley
Single Family Home
Covina, CA 91722
3
2
1395 ft2
1950
20801 E CALORA ST #H3
Rent to Own Eligible
Charter Oak
Townhouse/Condo
Covina, CA 91724
2
3
1212 ft2
1984
1 of 68 305 S ALDENVILLE AVE
Rent to Own Eligible
Covina-Valley
Single Family Home
Covina, CA 91723
3
2
1107 ft2
1951
New
2822 E VIRGINIA AVE
Rent to Own Eligible
Covina-Valley
Townhouse/Condo
West Covina, CA 91791
2
3
1311 ft2
1987
4692 N EDENFIELD AVE
Rent to Own Eligible
Covina-Valley
Single Family Home
Covina, CA 91722
3
2
1554 ft2
1954
New
1429 W San Bernardino Rd
Rent to Own Eligible
Covina-Valley
Townhouse/Condo
Covina, CA 91722
3
3
1303 ft2
1979
New
1 of 17 5029 N SUNFLOWER AVE
Rent to Own Eligible
Charter Oak
Single Family Home
Covina, CA 91724
3
1
1050 ft2
1952
New
130 S Barranca St
Rent to Own Eligible
Covina-Valley
Townhouse/Condo
West Covina, CA 91791
2
2
1008 ft2
1997
424 N SAN JOSE AVE
Rent to Own Eligible
Covina-Valley
Single Family Home
Covina, CA 91723
3
2
1643 ft2
1956
New
1138 W MC GILL ST
Rent to Own Eligible
Covina-Valley
Single Family Home
Covina, CA 91722
3
2
1586 ft2
1955
New
1155 W Badillo St
Rent to Own Eligible
Covina-Valley
Townhouse/Condo
Covina, CA 91722
2
3
961 ft2
1974
New
661 N LYMAN AVE
Rent to Own Eligible
Charter Oak
Single Family Home
Covina, CA 91724
4
2
1787 ft2
1958
New
19342 E TUDOR ST
Rent to Own Eligible
Covina-Valley
Single Family Home
Covina, CA 91722
3
1
948 ft2
1953
New
462 E SCHOOL ST
Rent to Own Eligible
Covina-Valley
Single Family Home
Covina, CA 91723
3
2
1507 ft2
1956
1864 E CYPRESS ST
Rent to Own Eligible
Charter Oak
Single Family Home
Covina, CA 91724
3
2
1458 ft2
1957
169 E LOMA VISTA ST
Rent to Own Eligible
Covina-Valley
Single Family Home
Covina, CA 91723
3
1
1266 ft2
1949
1 of 2 20855 E CALORA ST #A3
Rent to Own Eligible
Charter Oak
Townhouse/Condo
Covina, CA 91724
2
2
1216 ft2
1983
New
1061 W GREENHAVEN ST
Rent to Own Eligible
 
Single Family Home
Covina, CA 91722
3
2
1231 ft2
1957
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Buying a Home in Covina, CA

Covina, CA is seeing rapid growth and Covina, CA's' housing market remains not optimal with an average home price that is 153% above the 2024 national average. Covina, CA is part of Los Angeles 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 Los Angeles is 0.59% which is below the national average, which is 0.99%.

Median Home Price in Covina, CA

Median Rent in Covina, CA

Rent to own homes offer low monthly payments and flexible terms.

Top 10 Reasons to Live in Covina

One Mile Square! Yes, it's tiny. Its first motto was "One Square Mile and All There" and it held the dubious distinction of being the smallest incorporated city in the country. Located in the San Gabriel Valley in California, it's still small today, but it has grown to about 7 square miles. The orange groves have been mostly replaced by homes; in 2010, there were about 16,500 residential units, about 60% of them owner occupied.

Find What You Want. Covina Parks and Recreation Department has taken on the job of helping citizens get healthier, and offers a wide variety of classes and exercise opportunities at 9 separate parks. You can find active or passive sports and recreational facilities throughout the city. Play horseshoes at Covina Park or paddleball at Kahler Russell Park, or visit the Sister City Xalapa and World War II Memorial Monuments at Jobe's Glen at Jalapa Park. You can also walk, run, swim or play softball, or enjoy xeriscape gardens at other locations.

Act Up! The Covina Center for the Performing Arts has a varied schedule of cultural programs each year, ranging from musical revues to murder mystery dinner theater. Another attraction is a "mega movie," a 30 screen theater built on the site of a former Sears store. That's entertainment!

Above Average. Home prices in Covina are higher than the national average, though by California standards they are not. It is possible to find rent to own homes in any of its 15 neighborhoods. The little city has a pleasing mix of different size houses, historic bungalows and modern condos, and even boasts new mixed use developments.

Good Air Quality! For a city of its size, just under 50,000, Covina residents tend to use public transportation to a higher degree than normal, and that contributes to better than average air quality and less road congestion. Covina residents also use their computers more than 95% of other citizens, according to one report!

So-Cal Lifestyle! The lifestyle here is casual, healthy, outdoorsy and natural. Average per capita income in 2010 was listed at a little over $105,000; the median home price is $404,000, up 21% from last year, and the median rent price is $1,725. You can find rent to own houses, but you may have to do some serious homework!

A Modern Mix. There are plenty of farmstands and farmers markets to visit as well as local wineries and craft beer breweries. There are also upscale dining establishments and luxury spas and retreats available for weekend getaways. For getting further afield, access to the Ontario Airport is relatively easy.

Multi-use Zoning. Modern residential housing is being built adjacent to Covina's historic downtown area, and can be very inviting for rent to own opportunities. Two new developments will offer almost 100 condos close to transit in the exciting redevelopment area, at prices ranging upwards from about $200,000. Such mixed-use options are very popular today.

Study History. The Firehouse Jail Museum will introduce you to the history of the area, and you can also visit the Heritage Museum. If you're more interested in modern life, though, you can sample the phenomenal In 'N Out Burgers at the local gathering spot.