Narrow results by city
Rent to Own Homes in Missouri
If you want to take an interesting road trip, make the drive through Missouri state. Start in the north where you’ll enjoy peaceful plains and relatively flat land. As you get to the center and southern portion of the state, prepare for rolling hills to give way to the steep inclines of the Ozark Mountains. You can also enjoy pleasant views of the Missouri River, which... Read More
If you want to take an interesting road trip, make the drive through Missouri state. Start in the north where you’ll enjoy peaceful plains and relatively flat land. As you get to the center and southern portion of the state, prepare for rolling hills to give way to the steep inclines of the Ozark Mountains. You can also enjoy pleasant views of the Missouri River, which cuts through the mountains throughout the southern region. While this Midwestern state doesn’t receive much attention from tourists, it is one of the more desirable regions of the United States for outdoor recreation and affordable living.The below results are primarily rent to own homes in :
If you want to take an interesting road trip, make the drive through Missouri state. Start in the north where you’ll enjoy peaceful plains and relatively flat land. As you get to the center and southern portion of the state, prepare for rolling hills to give way to the steep inclines of the Ozark Mountains. You can also enjoy pleasant views of the Missouri River, which... Read More
If you want to take an interesting road trip, make the drive through Missouri state. Start in the north where you’ll enjoy peaceful plains and relatively flat land. As you get to the center and southern portion of the state, prepare for rolling hills to give way to the steep inclines of the Ozark Mountains. You can also enjoy pleasant views of the Missouri River, which cuts through the mountains throughout the southern region. While this Midwestern state doesn’t receive much attention from tourists, it is one of the more desirable regions of the United States for outdoor recreation and affordable living.The below results are primarily rent to own homes in :
There is a sizable student population in this state due to the University of Missouri system that places campuses in easy reach of residents. You can select from Southeast Missouri State University, Northwest Missouri State University, Missouri Southern State University and Missouri Western State University. Many students move to this state because they want to attend these universities, and others grow up in the state and appreciate having local schools to attend after high school graduation.
Two of the most noteworthy cities in Missouri are St. Louis and Kansas City. St. Louis offers a variety of affordable housing options as well as a long list of entertainment venues, including the St. Louis Science Center, Missouri Botanical Garden, City Museum and Fox Theatre. It’s also home to the Gateway Arch and the Jefferson National Expansion Memorial. Kansas City, Missouri, is full of historical and scientific attractions, including the Harry S. Truman National Historic Site and Science City.
If you appreciate summer heat and don’t enjoy excessive cold in the winter, you’ll love the Missouri climate. The summers offer many long days with intense sunlight, and the winters are typically mild. While you can still enjoy a good thunderstorm or occasional snow showers, you won’t have to worry about extreme temperatures that occur in other regions of the United States.
Buying a Home in Missouri?
You can find more than 50,000 homes for sale in Missouri at any given time, and more than half of those listings will represent single-family residential properties. These homes are distributed throughout the state along with a variety of multi-property structures, condos and townhouses. If you want to build a new home to your own standards, you may also want to consider purchasing an empty lot in your ideal location. Prices can range from under $100,000 to well over a million dollars for existing homes, depending on your choice of location.
If you’re purchasing your first home and will use it as your primary residence, you can take advantage of many homeowner assistance programs for Missouri residents. These programs are offered through the state and federal governments and will give you a grant to use toward closing costs and your down payment. In most cases, you won’t have to repay this money, so it’s a substantial help for lower-income homebuyers.
Popular Neighborhoods in Missouri?
If you like your quiet time and want to live in a peaceful neighborhood, you can’t go wrong by moving to Rock Port. Located in the northwestern corner of the state, this small town has excellent schools that aren’t overcrowded and many single-family homes spread out for privacy. Most homes sell for well under $100,000, but you can also find some larger homes priced above $300,000 at times. If you can afford to pay more for a home and want to live in a small town, consider Glendale. The median home value is slightly more than $300,000, and you still get to enjoy quiet streets in a peaceful community.
Are you interested in living in one of the most exclusive Missouri neighborhoods? Head out to a place known as Town & Country. You’ll find it on the outskirts of St. Louis, and the median home value in the area is above $700,000. The cost of living is much higher here than other parts of the state, but you’ll live among the wealthy in close proximity to the esteemed Bellerive Country Club.
Buying vs. Rent to Own Homes?
Are you ready to stop throwing your money at a landlord? Do you want to live in a home that you can call your own and in which you can make the rules? If so, you may want to look for a rent-to-own home in Missouri. This is a more gradual path to home ownership, but it corrects many of the problems that homebuyers encounter in the buying process.
For starters, you don’t have to rush out and accept a home loan from the first lender willing to make an offer. You start out as a renter in the home that you eventually want to buy, so you have some time to shop around and find a lender willing to offer the best interest rate and terms. If you discover that there are some blemishes on your credit report that you need to correct or that you must save up a more substantial down payment than you were originally expecting, you can use the rental period to do that as well.
Once you decide that it’s time to own your home, you have the right to purchase the property in which you already live. This is when you stop paying the rent and begin paying your mortgage payment. The extent of involvement from the landlord during the rental phase will vary and there are different terms that they may offer you, so make sure to pay attention to the details when considering this type of home-buying contract.
Cost of Living in Missouri?
In 2015, Missouri ranked as the 11th most affordable state in the U.S. The overall cost of living is at least 10 percent below the national average, and that is largely due to incredible prices on real estate. The housing market offers prices more than 20 percent lower than the national average, and utility prices are just slightly higher than the national average. From groceries and transportation to goods and services that you need to live comfortably, you can expect to pay less in Missouri than you would in most other states.
Missouri is one of the most affordable states in the U.S., but an amazing deal on your new home isn’t all the state has to offer. Many residents are drawn to this region of the country because the climate offers long, hot summers followed by moderate winter temperatures. While you may have to put up with some storms, you’ll get to experience all four seasons without extreme winter temperatures or excessive snow cover. This comes along with many large cities loaded with museums, historic sites, parks and family-friendly entertainment venues.
Summary
Missouri is one of the most affordable states in the U.S., but an amazing deal on your new home isn’t all the state has to offer. Many residents are drawn to this region of the country because the climate offers long, hot summers followed by moderate winter temperatures. While you may have to put up with some storms, you’ll get to experience all four seasons without extreme winter temperatures or excessive snow cover. This comes along with many large cities loaded with museums, historic sites, parks and family-friendly entertainment venues.