Rent to Own Homes in Missoula

Getting around town and the region is easy, too, with Interstate 90 bisecting the city. For more distant travels, Missoula County Airport Authority’s Missoula International Airport is less than 10 minutes from downtown.

Buying a Home in Missoula

Homes in Missoula have a median price of $269,000, about six percent higher than last year. Homes don’t sell very quickly, though, with homes lasting on the market about 117 days. This gives homebuyers a bit of time to review their options. Because of the city’s large university population, local real estate agents recommend that buyers and renters avoid searching for a home in August or January, the start of university semesters.

Buying vs. Rent to Own Homes

Although half of Missoula’s homes sell for less than $269,000, breaking into a robust housing market can be tricky. Renting to own a home may offer a sound alternative to a conventional home purchase. A rent to own home gives you time to build up your financial health while living in your new home and making incremental, monthly progress on the purchase. It also allows you to lock in today’s home prices while waiting a year or two to finalize a mortgage.

Summary

For a small town, Missoula earns big praise from around the country. Over the past five years, it has been named one of the top tech hubs of American small towns, <i>Outside Online</i>’s best places to live, Travel Channel’s best cycling cities and Milken Institute’s best cities for successful aging. It has earned a place on America’s Promise Alliance list of Top 100 Communities for Young People six times. Missoula is celebrated for its natural beauty, superb university, educated workforce and thriving business community. Spacious homes, strong local services and excellent transportation options also help keep the city vibrant and appealing.