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Rent to Own Homes in Moreno Valley

Present-day Moreno Valley is surrounded by opportunities for outdoor recreation. To the southeast, the Upland Game Hunting Area is the best place for bird hunting, Mystic Lake is available for fishing, and Lake Perris State Recreation Area offers space for picnicking, hiking, biking and camping. This state recreation area is located close to Rancho Verde High School and is close enough for Moreno Valley... Read More
Present-day Moreno Valley is surrounded by opportunities for outdoor recreation. To the southeast, the Upland Game Hunting Area is the best place for bird hunting, Mystic Lake is available for fishing, and Lake Perris State Recreation Area offers space for picnicking, hiking, biking and camping. This state recreation area is located close to Rancho Verde High School and is close enough for Moreno Valley residents to visit frequently.

The below results are primarily rent to own homes in Riverside County, CA:

Moreno Valley Rent to Own Homes & Homes for Sale (4728 Listings Found)
Owner Financing

Moreno Valley , CA 92551

 

$199,888
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Owner Financing

Moreno Valley , CA 92551

 

$331,275
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Owner Financing

Moreno Valley , CA 92557

 

$357,600
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REO Foreclosure

Moreno Valley , CA 92557

4 Bedrooms, 2.5 Baths  

$363,500
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REO Foreclosure

Moreno Valley , CA 92557

4 Bedrooms, 3 Baths  

$381,200
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REO Foreclosure

Moreno Valley , CA 92557

4 Bedrooms, 3 Baths  

$377,100
More Details
REO Foreclosure Hot

Moreno Valley , CA 92555

3 Bedrooms, 2.5 Baths  

$365,500
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REO Foreclosure

Moreno Valley , CA 92555

4 Bedrooms, 4 Baths  

$427,600
More Details
REO Foreclosure

Moreno Valley , CA 92555

3 Bedrooms, 2.5 Baths  

$348,900
More Details
REO Foreclosure

Moreno Valley , CA 92551

3 Bedrooms, 2 Baths  

$282,500
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REO Foreclosure

Moreno Valley , CA 92551

3 Bedrooms, 3.2 Baths  

$314,000
More Details
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Present-day Moreno Valley is surrounded by opportunities for outdoor recreation. To the southeast, the Upland Game Hunting Area is the best place for bird hunting, Mystic Lake is available for fishing, and Lake Perris State Recreation Area offers space for picnicking, hiking, biking and camping. This state recreation area is located close to Rancho Verde High School and is close enough for Moreno Valley residents to visit frequently.

To the west, Box Springs Mountain Park is open for mountain biking, horseback riding and hiking. Sycamore Canyon Wilderness Park is another option for hiking and mountain biking just west of the city.

Other attractions in the Moreno Valley area include Perris Auto Speedway, Skydive Perris and Moreno Valley Mall. Located approximately 13 miles from the city of Riverside, Moreno Valley allows residents to enjoy all entertainment venues and job opportunities in this sister city.

All city operations are controlled by the Moreno Valley City Council, but there are multiple commissions and citizen boards populated by local volunteers which help guide city policy. There are often jobs available with the city, and the City Council is responsible for filling those positions.

Buying a Home in Moreno Valley

Moreno Valley, often referred to as MoVal by locals, is one of the newer cities in California. It was incorporated in 1984 by combining multiple smaller communities. The city experienced rapid growth right from the start, and new sections have been added over the years. This has created a city of opposites. You have more established communities with homes that were built prior to the city’s incorporation, and then you have the newer regions with homes built in more recent years. For home buyers, it’s important to keep in mind that the newer sections of the city tend to have lower crime rates, but the more established communities are often more affordable.

Popular Neighborhoods in Moreno Valley

The eastern side of Moreno Valley contains the most desirable neighborhoods, especially around Moreno Beach. Many neighborhoods in the southeast are safe and family-friendly, but you’ll find some affordable neighborhoods with nice homes in the northeast as well. If you want a home with some acreage so that your neighbors aren’t too close to your property, go east of Lasselle and look past Redlands Boulevard. That area offers a more rural environment.

Buying vs. Rent to Own Homes

Rent-to-own contracts are different than your traditional mortgage contract because they don’t force you to present your down payment, pay closing costs and commit to a purchase contract right away. You do get to move into the home initially, but you start out as a renter. The terms of the agreement will allow you to take out a loan and purchase the property before a future date, but you typically have at least a year to make the purchase. If you’re dreaming of buying your own home but need to save more money or clean up your credit, this type of agreement could work in your favor.

Cost of Living in Moreno Valley

Housing expenses in Moreno Valley are approximately 20 percent higher than the national average, but they’re affordable when compared to the California average. California cities are known for doubling or tripling national averages when it comes to home prices, but Moreno Valley is more than 50 percent lower than the state average for housing. All other expenses are approximately 10 percent higher than the national average, making this one of the most affordable places to live in California today.

Summary

Moreno Valley is one of the most affordable places to live in California, and it’s home to some nice neighborhoods with family-friendly amenities. The city is also surrounded by parks and lakes, so you can spend your free time hiking, mountain biking, fishing, camping and horseback riding from any section of the city. Located just 13 miles from Riverside, residents can easily enjoy the entertainment venues in this sister city.

Rent to Own Realtors

You can plan a party without an event planner, you can go swimming without a lifeguard, and you can rent to own without a realtor.

That’s important because there isn’t as much money for realtors in rent to own deals as in traditional sales. Therefore, finding a realtor to help you is rare.

While the listed activities might be easier with a professional, they’re all possible without one. To successfully rent to own without a realtor learn all you can about it.

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.

  • 92554
  • 92556
  • 92552
  • 92551
  • 92555
  • 92557
  • 92553

Reported Annual Crime In Moreno Valley

Statistic Moreno Valley California National
Murder 9 1,861 15,696
Rape 17 12,811 124,047
Robbery 341 9,387 327,374
Assault 496 52,862 764,449
Violent Crime 863 166,883 1,197,704
Burglary 969 1,024,914 1,579,527
Theft 4,042 197,404 5,706,346
Vehicle Theft 1,107 656,517 707,758
Property Crime 6,118 99,349 7,993,631

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