Rent to own Homes in Wildomar, CA
Sitting astride the Temecula Valley Freeway between Lake Elsinore and Murrieta, Wildomar is a suburb in southern California near the area's wine region and recreational opportunities. It's a new city, just incorporated in 2008, though it has a long history. Called Rancho La Laguna in the 1880s, it began as a small community built around a rail depot. As the railway fell out of use, the I-15 was built, reviving interest in the area.
Wildomar, CA is a great place for affordable rent-to-own homes! With a median household income of over $76,791 and a median rent of $1,655, the Wildomar, 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 Wildomar, 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 Wildomar, CA Property Resources
Rent to own Homes in Cities Near Wildomar, CA
- Beaumont
- Bonsall
- Camp Pendleton Mainside
- Camp Pendleton North
- Canyon Lake
- Corona
- Coto de Caza
- East Hemet
- Fallbrook
- French Valley
- Good Hope
- Green Acres
- Hemet
- Home Gardens
- Homeland
- Ladera Ranch
- Lake Elsinore
- Lake Forest
- Lakeland Village
- Lake Mathews
- Lakeview
- March Air Reserve Base
- March ARB
- Meadowbrook
- Mead Valley
- Menifee
- Mission Viejo
- Modjeska
- Moreno Valley
- Murrieta
- Nuevo
- Oceanside
- Pala
- Pauma Valley
- Perris
- Rainbow
- Rancho Mission Viejo
- Rancho Santa Margarita
- Riverside
- Romoland
- Sage
- San Clemente
- San Jacinto
- Temecula
- Temescal Valley
- Trabuco Canyon
- Warm Springs
- Wildomar
- Winchester
- Woodcrest
Neighborhoods in Wildomar, CA
Santa Rosa rent to own homes Windsong Valley rent to own homes Wildomar rent to own homesPopular Zip Codes in Wildomar, CA
92595 rent to own homesBuying a Home in Wildomar, CA
Wildomar, CA is seeing rapid growth and Wildomar, CA's' housing market remains not optimal with an average home price that is 74% above the 2024 national average. Wildomar, 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 Wildomar, CA
Median Rent in Wildomar, CA
Top 4 Reasons to Live in Wildomar, California
New community with nice homes! Since 2000, the population here has more than doubled, and over half of the homes are less than 15 years old. Most of the older and more established homes are to the west of Wildomar Elementary School, where you can find many rent to own houses. Closer to I-15 at Palomar Street are newer housing tracts. Fashionable area homes feature red tile roofs and white stucco exteriors.
Close to everything! Within reasonable driving distance is everything that makes southern California such a special place to live. San Diego, with its famous zoo, lovely beaches and military bases are just over an hour to the south. To the north, greater Los Angeles and Orange County, filled with theme parks, sports teams and big-city culture await. Neighborhoods stretched out along Clinton Keith Road in the south part of town or Bundy Canyon Road in the north provide easy freeway access.
Great dining destinations! This is a new community, but it has several eateries that have established themselves as standouts. For fantastic Mexican fare, try Tacos Tijuana Mexican Grill -- their al pastor is not to be missed! Tresino's is a fairly new arrival that features a strong tradition of great food carried on by an experienced family. Old Market Grill serves gyros that bring fans in from around the region.
Stable and affordable housing market! The median list price in late 2014 of $329,900 may seem too high to be called affordable, but it's good for the region. Just over the mountains in San Juan Capistrano, for example, the median price is $1,227,471. Another piece of the equation is that Wildomar generally has large homes, with an average price per square foot of just $129. Search for rental homes near Windsong Park or along Grand Avenue for space near the mountains.