Rent to Own and other homes near Sacramento, CA

Rent to Own in Sacramento, CA

Sacramento, CA serves as California’s state capital, offering citizens a glimpse at the heart of the Golden State. The city is famous for being the center of the Gold Rush era in the mid 1800’s, and has seen its share of prosperity since then, namely becoming the state capital. Job growth in the city is about 2.6 percent and unemployment has fallen to 7.4 percent in recent years. The median household income is $37,049 and the median family income is $42,051 annually.

As of the beginning of March 2015, the median value of owned homes in Sacramento was $128,800 and the median asking price was $365,824 week over week. Median sale prices for homes were $219,000 year over year from December 2014 to March 2015, and the most popular neighbors in the city are East Sacramento, Meadowview, South Land Park, Pocket, and Curtis Park. Average sale prices for homes were the following: 1 bedroom - $79,000, 2 bedrooms - $157,500, 3 bedrooms - $215,000, and 4 bedrooms - $254,000.

Education in Sacramento for K-12 is considered mostly poor to average, but the city houses many notable colleges such as Sacramento City College, Kaplan College, and Sacramento State University. In terms of annual crime, violent crime rates are above the 3.8 per 1,000 residents national average at 6.66 while property crime is 41.23 per 1,000 residents and is higher than the 27.3 national average. Most of Sacramento’s crime is concentrated in certain neighborhoods on the eastern side of the city.

There is plenty to see in California’s state capital, including the California State Railroad Museum, the Crocker Art Museum, the California State Capitol building, Sutter’s Fort, and of course all of the natural beauty surrounding the city. Investing in a Rent to Own home in Sacramento allows you to take advantage of the low mortgage and interest rates in place right now in additional to the relatively low housing prices for the state. If you like warm weather in a place with a lot of history and influence, put Sacramento on the top of your list!