Rent to own Homes in Desert Hot Springs, CA
Known as California's spa city, Desert Hot Springs is actually built on top of hot mineral water aquifers. These natural mineral-rich waters are the basis for the thriving spa industry in the city. Rugged natural beauty is another draw for Desert Hot Springs, since it is surrounded by mountain preserves and overlooks the Coachella Valley. Located within Riverside County, Desert Hot Springs had a diverse population of 25,938 in the 2010 census.
Desert Hot Springs, CA is a great place for affordable rent-to-own homes! With a median household income of over $37,818 and a median rent of $1,046, the Desert Hot Springs, 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 Desert Hot Springs, 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 Desert Hot Springs, CA Property Resources
Rent to own Homes in Cities Near Desert Hot Springs, CA
- Angelus Oaks
- Banning
- Bermuda Dunes
- Cabazon
- Cathedral City
- Coachella
- Desert Edge
- Desert Hot Springs
- Desert Palms
- Forest Falls
- Garnet
- Homestead Valley
- Idyllwild-Pine Cove
- Indian Wells
- Indio
- Indio Hills
- Joshua Tree
- Landers
- La Quinta
- Morongo Valley
- Mountain Center
- Palm Desert
- Palm Springs
- Rancho Mirage
- Sky Valley
- Thousand Palms
- Twentynine Palms
- Whitewater
- Yucca Valley
Neighborhoods in Desert Hot Springs, CA
Desert Hot Springs rent to own homes Desert Hot Springs East rent to own homes Desert Hot Springs Highlands rent to own homes Sunny Slopes Estates rent to own homes Miracle Heights rent to own homes Desert View rent to own homes Winter Springs rent to own homes Wardman Heights rent to own homes The Terraces rent to own homes Desert Springs Estates rent to own homesPopular Zip Codes in Desert Hot Springs, CA
92240 rent to own homesBuying a Home in Desert Hot Springs, CA
Desert Hot Springs, CA is seeing rapid growth and Desert Hot Springs, CA's' housing market remains not optimal with an average home price that is 0% above the 2024 national average. Desert Hot Springs, 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 2024 for county Riverside is 0.8% which is below the national average, which is 0.99%.
Median Home Price in Desert Hot Springs, CA
Median Rent in Desert Hot Springs, CA
4 Reasons to Live in Desert Hot Springs, CA
Affordable housing! Housing in the area is more affordable than most people imagine since this is a spa-resort city. The people who live here are rewarded with relatively affordable rental homes when compared to the rest of the Coachella Valley region (dubbed The Desert Empire) and greater Riverside County. The average price of all available housing units in 2011 was $265,250, and the average value of a house in 2012 was $123,877. Average rent for 2012 was $876. If you enjoy nature, there are four city parks with nearby residential areas: Eastside Neighborhood Park, Mission Springs Park, Arroyo Park and Wardman Park.
Lots of fun things to do! The Desert Hot Springs Aquifer has been used by ancient peoples and wildlife for thousands of years. It was known to have healing minerals in the pure delicious water. Today, the area is home to Miracle Springs Resort and Spa, Agua Caliente Hotel and Spa and Adobe Inn and Spa. Locals take pride in the historic Cabot's Pueblo and Cabot's Museum. The Hopi Indian-inspired pueblo is one of the finest examples of pueblo architecture in the area. Over on West Drive, check out the Carl May Community Center, where there is always some sort of special event, banquet or get-together.
Savor the cuisine! Rocky's New York Pizza on Palm Drive earns rave reviews and a number one restaurant ranking at Trip Advisor. Zapopan Mexican Food on Palm Drive also earns high ratings from locals. For Chinese, try Kam Lun Chinese Restaurant on 8th Street.
Low property taxes and wide variety of housing! Living in Desert Hot Springs means affordability and a wide variety of lifestyles and architectural preferences are accommodated. Discover everything from rent to own cottages to luxury apartments, pueblo-style dwellings and modern mansions for sale. If that is not enough, taxes are low too. The average cost for real estate property taxes for housing units with a mortgage was $1,777 in 2012, and the average cost for housing units without a mortgage was $1,263. If you're looking for convenience to shopping, pick a residential area near Desert Hot Springs Town Center and Hacienda Palms Shopping Center. Mission Lakes Country Club is a planned community with an 18-hole golf course.