Rent to own Homes in Vallejo, CA
Vallejo, California, is a city that is linked to the water. Sitting where the Sacramento River empties into San Pablo Bay and the Pacific Ocean, Vallejo was the first permanent home of California's state government and the location where the first U.S. Navy installation on the West Coast was built. Mare Island Naval Shipyard was responsible for the construction of more than 500 ships over history. Today, almost 118,000 people call Vallejo home.
Vallejo, CA is a great place for affordable rent-to-own homes! With a median household income of over $73,869 and a median rent of $1,624, the Vallejo, 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 Vallejo, 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 Vallejo, CA Property Resources
Rent to own Homes in Cities Near Vallejo, CA
- Acalanes Ridge
- Alameda
- Alamo
- Albany
- Alhambra Valley
- Alto
- American Canyon
- Antioch
- Ashland
- Bay Point
- Belvedere
- Belvedere Tiburon
- Benicia
- Berkeley
- Black Point-Green Point
- Brisbane
- Broadmoor
- Burlingame
- Castle Hill
- Clayton
- Clyde
- Colma
- Contra Costa Centre
- Crockett
- Daly City
- Diablo
- East Richmond Heights
- Emeryville
- Hayward
- Hercules
- Kensington
- Kentfield
- Lafayette
- Marin City
- Millbrae
- Napa
- North Richmond
- Novato
- Rollingwood
- San Bruno
- San Francisco
- San Pablo
- San Rafael
- Santa Venetia
- South San Francisco
- Strawberry
- Tara Hills
- Tiburon
- Vallejo
- Vine Hill
Neighborhoods in Vallejo, CA
Northgate rent to own homes Saint Vincent's Hill Historic District rent to own homes Glen Cove rent to own homes Country Club Crest rent to own homes Vallejo City Historic District rent to own homes Vallejo Heights rent to own homes Mare Island rent to own homes Hiddenbrooke rent to own homes Somerset Highlands rent to own homesPopular Zip Codes in Vallejo, CA
94589 rent to own homes 94590 rent to own homes 94591 rent to own homesBuying a Home in Vallejo, CA
Vallejo, CA is seeing rapid growth and Vallejo, CA's' housing market remains not optimal with an average home price that is 86% above the 2024 national average. Vallejo, CA is part of Solano 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 Solano is 0.69% which is below the national average, which is 0.99%.
Median Home Price in Vallejo, CA
Median Rent in Vallejo, CA
Top Reasons to Live in Vallejo CA
Housing Statistics The median list price for a home in Vallejo at the end of August 2013 was $210,000, up 27 percent from the year before. Two bedroom homes represented the largest increase, with list prices up 46 percent. The average time a home is listed is down to just 20 days. The median sale price was $190,500, which represented a 20.6 percent jump. Renters make up almost 37 percent of total households and pay an average rent of $1,124. The median square footage of homes for sale in August was 1,391. The home vacancy rate is 3.4 percent and the vacancy rate for apartments is almost 9 percent. If you're looking for a house to buy or rent to own, it could be difficult in Vallejo, but it's definitely worth it.
Weather and Climate"The coldest winter I ever spent was a summer in San Francisco" is a quote often mistakenly attributed to Mark Twain. While it's true the cooling of the Pacific can keep temperatures moderate, it's really quite comfortable. Vallejo's weather often mimics that of nearby San Francisco, with about 10 degrees added on. The average winter temperature is 47, while the temperature averages 70.3 in the summer. Just 18 inches of rain fall in an average year, with almost all of it coming between October and April. Breaks between winter storms bring marvelous days of sunshine that reflect the ideal images of the California climate.
Education System School rankings based on tests for the public schools in Vallejo are in the low-mid ranges, from a high of 7 out of 10 for Jesse M. Bethel High School and a 6 for MIT Academy. Several schools earned a 5 ranking, including Annie Pennycook Elementary, Wardlaw Elementary, Vallejo Charter School, Highland Elementary, and Lincoln Elementary. The rest of the schools came in with a 4 or lower. While test scores alone aren't the only indicator to use when looking at a school's overall performance, they are helpful. Ratings using other criteria show differing results. For example, Patterson, Lincoln, and Mini elementary schools received a perfect 5 of 5 from parents. Vallejo is home to 42 K-12 schools, with 30 being public and 12 private.
Vallejo Neighborhoods Vallejo has several vibrant and unique neighborhoods you should know about: