Rent-to-Own Homes in Fresno, CA: What You Need to Know
Fresno, California is a big city with the heart of a small-town and a vivid personality. The cost of living here is significantly lower than the rest of California. The weather is beautiful year-round, and the neighborhoods are great for all ages.
Fresno Real Estate: The Cost of Living
Fresno, California is 6% more expensive than the national average. However, Fresno is significantly cheaper than the state average. The median home price here is $352,205 and the median rent is $1,103. Gas is $2.87 per gallon. Healthcare is 3% higher than the national average but still cheaper than the Californian state average.
The Weather and Climate
Fresno has a semi-arid climate, meaning summers here are hot and dry, while winters are cold and damp. The coldest months here are December and January, with the average low typically around 37°F. The hottest month is July, with temperatures peaking at 99°F. July and August are the driest months, while January is the wettest; the average annual rainfall in Fresno is 11.5 inches.
This city is a foodie’s paradise. To begin with, farmer’s markets and farm-to-table are a huge deal here. There are farmer’s markets all over the city, and the produce is some of the best you will ever taste. This premier access to such ingredients has made for excellent restaurants. There are five-star food trucks located along the city streets and festivals held to allow visitors to try a little bit of everything. Aside from the food, there’s a fabulous arts scene here. The Fresno Arts Council has encouraged public galleries and performances for the citizens to enjoy.
Fresno is home to 538,195 residents and is one of the largest cities in the United States. 27.6% of the population is Caucasian, 48% is Hispanic, and 13.4% is Asian American. 37.3% of the people here are under 18 years old, while 11% is over 65 years.
Know Your Neighborhoods
Fresno itself is a great city, so it’s no surprise that the neighborhoods here are just as high quality.
Clovis is a suburb just outside Fresno, home to 106,666 residents who enjoy a quiet suburban environment. Many families and young professionals have settled here. The median home value is $308,300 and just over half the population owns their home. The median rent is $1,173.
Kingsburg is a quiet suburban town, home to many families and young professionals. The public schools here are highly rated. The median home value is $259,800 and the majority of residents own their homes. The median rent is $933.
Sunnyside is another suburb of Fresno. There are 4,451 residents who have settled here, many of whom are retirees. The median home value is $291,900 and the majority of people own their homes. The median rent is $908.