Rent to own Homes in Oildale, CA
Technically a census designated place, Oildale sits 3.5 miles outside Bakersfield and is actually a part of that city, but maintains a distinct vibe and atmosphere. Located in Kern County, Oildale is home to over 33,000 people. Although it only covers 6.5 square miles, Oildale residents enjoy this town for a number of reasons, from the 275 days of sunshine each year to the tasty cuisine, bustling nightlife scene, and laid-back environment.
Oildale, CA is a great place for affordable rent-to-own homes! With a median household income of over $40,773 and a median rent of $995, the Oildale, 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 Oildale, 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 Oildale, CA Property Resources
Rent to own Homes in Cities Near Oildale, CA
- Arvin
- Bakersfield
- Bakersfield Country Club
- Bear Valley Springs
- Benton Park
- Caliente
- Casa Loma
- Cherokee Strip
- Choctaw Valley
- Delano
- Di Giorgio
- East Bakersfield
- East Niles
- Edison
- Edmundson Acres
- El Adobe
- Fuller Acres
- Goodmanville
- Greenacres
- Hillcrest
- La Cresta
- Lamont
- McFarland
- Mc Farland
- Mettler
- Mexican Colony
- Oildale
- Olde Stockdale
- Old River
- Old Stine
- Potomac Park
- Pumpkin Center
- Rexland Acres
- Rivergrove
- Rosedale
- Shafter
- Smith Corner
- Stebbins
- Tarina
- Tupman
- Wasco
- Weedpatch
- Woody
Neighborhoods in Oildale, CA
Mobile Town rent to own homes North Country Meadows rent to own homes Meadow View rent to own homes Highland Knolls rent to own homes Oildale rent to own homes Parkview Estates rent to own homesPopular Zip Codes in Oildale, CA
93388 rent to own homesBuying a Home in Oildale, CA
Oildale, CA is seeing rapid growth and Oildale, CA's' housing market remains optimal with an average home price that is -25% below the 2024 national average. Oildale, CA is part of Kern 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 Kern is 0.8% which is below the national average, which is 0.99%.
Median Home Price in Oildale, CA
Median Rent in Oildale, CA
Top 4 Reasons to Live in Oildale, CA
Benefit from reasonable real estate prices! Housing prices in Oildale are lower than both the Bakersfield metropolitan average and the California average. Property values in town have risen over 17% in the last 12 months. Because that positive trend is expected to continue, Oildale is a great place to buy or rent to own now. Highland Knolls, a neighborhood on the north side, is quite popular and typically has listings for rent to own houses. North Country Meadows is another community worth checking out for its lovely homes.
Savor the tasty food! Great local eateries abound in Oildale. Cope's Knotty Pine Cafe is known for its large portions and awesome breakfast selection. Cataldo's Pizza serves great food in a festive atmosphere, and Hodel's Country Dining features an extensive buffet that is certain to fill up any customer. Overall, the dining quality in Oildale is top-notch -- one of the true perks of living here.
Renting or buying is easy! The Oildale housing market suits both renters and buyers. The 52.5% of town residents that rent is higher than California's average. Moreover, real estate ads usually have a healthy number of listings, so finding a suitable place to rent or purchase is simple. There are even options for rent to own homes in some sections of Oildale. The neighborhood of Mobile Town has a range of rental homes, especially apartments. For those looking to buy, Parkview Estates generally has a number of available listings.
Live it up at night! Oildale doesn't quiet down when the sun sets. Country star Merle Haggard hails from Oildale, and his influence can be seen at venues like Trout's and the Blackboard Stages, a live music bar known for its vibrant dance floor. Del Rio Cocktail Lounge always has a cold beer and game of pool waiting, while Banacek's Lounge boasts a lengthy drink menu and casual environment. In terms of nightlife, this town doesn't come up short.