Rent to own Homes in La Crescenta-Montrose, CA
La Crescenta-Montrose is a census-designated place within Los Angeles County, California, and parts of San Rafael Hills and Crescenta Valley populations fall within its perimeters of 3.4 miles. The CDP had a population of 19,653 in the 2010 census. It is bordered by Angeles National Forest. Inspiring its name, the neighborhoods in the Montrose section were designed in a rose pattern, with the streets in a circular pattern, imitating the design of a rose. Originally home to the Tongva People, today majestic hills, tree-lined streets, and small-town atmosphere define the area.
La Crescenta-Montrose, CA is a great place for affordable rent-to-own homes! With a median household income of over $102,750 and a median rent of $1,833, the La Crescenta-Montrose, 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 La Crescenta-Montrose, 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 La Crescenta-Montrose, CA Property Resources
Rent to own Homes in Cities Near La Crescenta-Montrose, CA
- Altadena
- Bell
- Bell Gardens
- Bradbury
- Burbank
- Calabasas
- Canyon Country
- Compton
- Cudahy
- Culver City
- Del Aire
- Desert View Highlands
- Downey
- East Los Angeles
- East Rancho Dominguez
- East San Gabriel
- El Segundo
- Encino
- Granada Hills
- La Canada Flintridge
- La Cañada Flintridge
- Leona Valley
- Manhattan Beach
- Mayflower Village
- Montebello
- Monterey Park
- North El Monte
- North Hills
- North Hollywood
- Northridge
- Palmdale
- Panorama City
- Porter Ranch
- San Marino
- Santa Clarita
- Santa Fe Springs
- Santa Monica
- Simi Valley
- South El Monte
- South Gate
- South Pasadena
- Stevenson Ranch
- Sunland
- Temple City
- Valencia
- Van Nuys
- Vernon
- View Park-Windsor Hills
- West Hollywood
- West Rancho Dominguez
Neighborhoods in La Crescenta-Montrose, CA
La Crescenta-Montrose rent to own homesBuying a Home in La Crescenta-Montrose, CA
La Crescenta-Montrose, CA is seeing rapid growth and La Crescenta-Montrose, CA's' housing market remains not optimal with an average home price that is 294% above the 2024 national average. La Crescenta-Montrose, 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 La Crescenta-Montrose, CA
Median Rent in La Crescenta-Montrose, CA
Top 5 Reasons to Live in La Crescenta-Montrose, CA
Great shopping and entertainment! Stop by the Marketplace Shopping Center or any of the local malls to check out the shops. Honolulu Avenue is lined with more than 200 independently owned businesses, such as Executive Clock Gallery, Honolulu Jewelry, Mountain Rose Gifts, and Montrose Candy Company. The Foothill Freeway is located in the southern section, so residents enjoy easy access to Los Angeles and downtown Hollywood, with all of its nightlife options.
Dine on delicious cuisine! Stop by the Harvest Market and Marketplace for a taste explosion of fresh, local cuisine. The traditional farmer's market has everything from organic fruits and vegetables to live entertainment, pony rides, crafts, and vendors of local favorites, like Hawaiian pork plates. Pine and Crane, Alondra Hot Wings, and Super Burger are just a few local sites to try.
Enjoy high property values! The estimated median real property value in La Crescenta-Montrose for 2012 was $585,056, while the CA state average came in at $349,400. In nearby Los Angeles, median real property value was $421,700. This is great news for those who to want in invest in properties that retain their value. House appreciation from 2013 to 2014 was 20.2% . Foothill Boulevard has many nearby businesses, like Crescenta Valley Chamber of Commerce, Harmony Farms, and La Crescenta Pharmacy, establishing it as a thriving residential district.
Discover city parks and local attractions! Two Strike Park offers a fun way to spend an afternoon, while nearby Crescenta Valley Park and Deukmejian Wilderness Park offer even more scenic natural places to explore. For indoor fun, Sparr Heights Community Center provides event space and recreational activities.
Enjoy an abundance of housing options! From a multi-million dollar mansion on Foothill Boulevard to a rent to own condo on Montrose Avenue, a range of prices and architecture can be found here. In 2012, there were 7,350 total housing units here. Residential areas near Verdugo Hills Golf Course are popular with golfers, while Oakmont Country Club is but a short drive away. Also on Foothill Boulevard, you'll find El Encanto Apartment Homes.