Rent to Own Homes in Antioch
The below results are primarily rent to own homes in Contra Costa County, CA:
Positioned approximately 45 miles northeast of San Francisco, 60 miles south of Sacramento and 60 miles northwest of Modesto, Antioch places you less than two hours from many California attractions and business districts. The city borders the San Joaquin River near Browns Island and the Big Break Regional Shoreline, and it extends south past the Black Diamond Mines Regional Preserve. The preserve provides outdoor recreation for residents of the Antioch area, including trails for hiking and smaller parks with open green space.
Antioch is located in Contra Costa County, but crossing the Antioch Bridge will take you to Sherman Island in Sacramento County. The island is ideal for windsurfing, but you can also head out on the water by boat or enjoy a picnic under the trees. Antioch attractions available to residents without crossing the bridge include the Montezuma Hills, Antioch Dunes National Wildlife Refuge and Contra Loma Regional Park.
In addition to playing in the water and enjoying the sun, Antioch residents have access to an active arts community. The Arts & Cultural Foundation of Antioch provides support for organizations and artists in the local area, bringing many community events to the city. This includes the Delta Blues Festival and exhibits at the Lynn House Gallery.
Buying a Home in Antioch
The median listing price for homes in Antioch is typically under $400,000, and it’s common for homes in the area to sell for their full listing price. Many homeowners will pay approximately $200 per square foot, but you can find homes selling for less if you look in the right neighborhoods. Approximately 65 percent of all residents are homeowners, so it’s not difficult to find established neighborhoods with well-maintained homes.
If you have school-aged children, keep in mind that most Antioch public schools are rated average or below average. Do your research to make sure that your children will attend the best schools available, or look for homes close to private schools like Cornerstone Christian School and the Holy Rosary School.
Popular Neighborhoods in Antioch
Moving into the Nortonville/Stewartville neighborhood will place you on the southern edge of Antioch near many of the city’s parks, hiking trails and green spaces. The property vacancy rate is less than 1 percent in this area, and most homes are owner-occupied. You can expect home prices around $400,000, and most homes have at least three bedrooms. You’ll find a mix of newly built houses and more established houses.
If you prefer to live close to the San Joaquin River or need to find more affordable homes, look to the Bridgehead neighborhood in the northeastern corner of the city. Median home prices are under $300,000 in this area, and the property vacancy rate is approximately 3 percent. Most of the homes were built prior to the year 2000 and have at least three bedrooms.
Buying vs. Rent to Own Homes
There was a time when you needed a large stash of cash or a letter of pre-approval from a mortgage lender to get the attention of home sellers. Their goal was to take your money and hand over ownership of their property so that it was no longer their responsibility. While that is still the goal of many home sellers today, many are giving buyers the option to take possession of their property before they’re pre-approved from a lender. No, you don’t even need that pile of cash to get this deal.
These sellers are offering rent-to-own buying contracts. They have property that they want to sell, but they’re willing to let you rent before you buy. You will have a date by which you must come up with financing and purchase the home, but you have some time before taking that step. If you’re ready to move right now but aren’t ready to present financing, this is a good option to consider.
Cost of Living in Antioch
Antioch is like many California cities when it comes to budget concerns. The cost of housing is more than 40 percent higher than the national average, and you’ll see prices slightly higher than national average for most goods and services. While this is one of the more affordable cities in California, it’s still more expensive than many other places across the U.S.
Located on the southern shores of the San Joaquin River and within 60 miles of Sacramento, San Francisco and Modesto, Antioch is one bridge away from Sherman Island. This is a great place for windsurfing and other water sports, but you also have opportunities to hike and enjoy the outdoors without leaving town. While the cost of living is slightly elevated from the national average, it is more affordable than many other California cities.
Rent to Own Realtors
Using a realtor for your rent to own deal can offer great benefits. Agents are well versed in real estate so they can effectively communicate opportunities and discern which of those opportunities is a legitimately good deal.
Nonetheless, not a lot of realtors will want to help with your rent to own deal because upfront profit for a realtor is minimal and the big payout down the line is not a guarantee.
That means you’ll have to do a little research to ensure that you make the best decisions, but you will save money on commission.
About Our Listings
The free listings for rent to own by owner properties on this website make it easier for buyers to find rent to buy programs near me online.
Rent to buy is a good way to sell apartments or houses when the market isn’t particularly active. It’s certainly a more profitable alternative than selling them for cheap prices.
You can choose to lease-option or lease-purchase a condo, townhouse, etc – anything other than foreclosed homes works. In a lease-option, the buyer has the option to buy the home, but in a lease-purchase, the buyer must buy it.
It’s important to note that lease to purchase deals usually come with no credit check because bad credit is the tenant’s responsibility. If the tenant cannot purchase the home at the end of the lease, the seller keeps their rent and option fee. Then, the seller can find another buyer and, hopefully, market conditions are better.