Rent to own Homes in Madera, CA
Madera, California, is a city of about 61,000 people in the San Joaquin Valley. The town's name is the Spanish word for lumber, which provides some insight about why this area was settled in 1876. If you're looking for an alternative to hustle and bustle of traditional city life, then Madera is the place for you. Its three most well-known landmarks are its post office, established in 1877, its water tower, and its fully functioning drive-in movie theater. For many, Madera is the ideal place to rent to own, because of the beautiful surroundings and stellar access to educational resources.
Madera, CA is a great place for affordable rent-to-own homes! With a median household income of over $49,335 and a median rent of $1,079, the Madera, 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 Madera, 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 Madera, CA Property Resources
Rent to own Homes in Cities Near Madera, CA
- Biola
- Bonadelle Ranchos
- Bonadelle Ranchos-Madera Ranchos
- Bowles
- Calwa
- Caruthers
- Clovis
- Del Rey
- Easton
- Fort Washington
- Fowler
- Fresno
- Friant
- Kerman
- Lanare
- La Vina
- Madera
- Madera Acres
- Madera Ranchos
- Malaga
- Mayfair
- Millerton
- Monmouth
- Old Fig Garden
- O Neals
- Parksdale
- Parkwood
- Prather
- Raisin City
- Raymond
- Riverdale
- Sanger
- San Joaquin
- Selma
- Sunnyside
- Tarpey Village
- West Park
Neighborhoods in Madera, CA
Downtown Madera rent to own homes Central Madera rent to own homes Ventana rent to own homes West Madera rent to own homesPopular Zip Codes in Madera, CA
93639 rent to own homesBuying a Home in Madera, CA
Madera, CA is seeing rapid growth and Madera, CA's' housing market remains not optimal with an average home price that is 9% above the 2024 national average. Madera, CA is part of Madera 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 Madera is 0.59% which is below the national average, which is 0.99%.
Median Home Price in Madera, CA
Median Rent in Madera, CA
Top Reasons to Live in Madera, CA
Housing Statistics The average listing price for homes in Madera, as of August 2013, is $392,841. In the second quarter of 2013, the median sale price of homes here stood at $154,512. In the same period, about 288 homes sold. The annual residential turnover in Madera sits at 16 percent, and the median length of residence is three years.
Nightlife If you want to have a good time with friends, head over to Casey's Bar & Grill, which has the great hole-in-the-wall feel to it and beer on tap. If you're looking to dance the night away, drive into nearby Fresno and check out Club Legends, which boasts two dance floors and a rocking atmosphere. The Lime Lite is also a great Fresno spot, with its cozy seating and creative menu items like the Seafood Martini.
Tourist Attractions Madera is largely a residential area, but there are some notable locations to visit when you arrive in town. Catch a flick at the Madera Drive-In, and afterwards, sip some exception dessert wine at The Quady Winery, which offers a beautiful view and is a fantastic place to relax. The Ficklin Vineyards are also nearby. For fun for the kids, visit the Skywalk Trampoline Arena, which is as close to flying as one can get without wings.
Local Restaurants Madera has a wide range of delicious restaurants. The Vineyard is perhaps the best option for fine dining. Have a great glass of wine, an elegant meal and take in the view. For some comfort food, stop by the Black Bear Diner, where you can get their Bigfoot Chicken Fried Steak or some pot roast. There are also numerous ethnic food options in town, including Sal's Mexican Restaurant and Edgar's Italian Restaurant.
Local Sports Nearby Fresno is the home of Fresno State, which has a number of college sports teams. Fresno is also home to the Fresno Grizzlies, a minor league baseball team. As for Madera itself, it does have a full youth sports program, as well as the open spaces you need to run and play.