Sacramento, CA Rent To Own Homes

Rent-to-Own Homes in Sacramento, CA: What You Need to Know

Californians are becoming more interested in migrating west, to Sacramento, affectionately called the River City. Because the water-front in Sacramento is comprised of rivers, not oceans, the cost of living here is lower than the majority of Californian cities. Currently home to 500,000, Sacramento is fast attracting new residents. 

The Cost of Living in Sacramento 

Like all Californian cities, Sacramento is expensive when compared to the rest of the United States. However, Sacramento is significantly cheaper than other cities located in the state. The overall cost of living in Sacramento is nearly 47% cheaper than living in Los Angeles. The median home cost of a Sacramento home ($327,300) is 111% less expensive than a Los Angeles home ($689,500). Sacramento is, overall, 128% cheaper than living in San Francisco. Utility prices in Sacramento are 11% lower than the national average, and gas per gallon is $3.20, 23% higher than the national average. 

Plentiful Job Opportunities 

Sacramento is known for its government and real-estate markets, however, there are other industries that have flourished here. Health care, agriculture, and clean technology-based industries thrive in Sacramento. As aforementioned, jobs in government are plentiful. This is because Sacramento is the capital of California. The average salary of a Sacramento resident is $70k. 

Sacramento’s Weather and Climate 

Sacramento is a warm, but temperate city. The summers are hot and dry, with temperatures peaking around 94°F. Winters are cold and wet, though temperatures rarely dip below 39°F. July is often the hottest month, whereas December is the coldest. 

The Local History 

The Gold Rush era is rooted in Sacramento; the city served as a hub of migration. The city is so fond of their role that they host “Gold Rush Days,” or a period around Labor Day Weekend, where Old Sacramento is transformed into a scene straight out of an old Western for that authentic feeling.  

Know Your Neighborhoods 

Sacramento is full of excellent suburbs and neighborhoods. For those interested in relocating here, there is plenty to choose from. 

River Park is home to roughly 3,000 residents and is widely considered one of the best places to live in all of California. Families and young professionals migrate here interested in family life, while retirees are also drawn to River Park for its quiet suburban vibe. The median home value is $475,000 and the majority of people own their homes. 

Home to 26,000, Pocket is another Californian favorite. Young professionals make up the bulk of the dense suburban environment. The median home value is $420,000 and just over half the population owns their home. The median rent is $1,445. 

Families and young professionals love Willowcreek. The neighborhood is a blend of urban and suburban. Willowcreek houses about 4,000 residents. The median home value is $357,000. The median rent is $1,447 and just over half rent their homes.