Rent to own Homes in Colby, KS

Colby, KS is a great place for affordable rent-to-own homes! With a median household income of over $62,001 and a median rent of $655, the Colby, KS rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Colby, KS. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Colby, KS rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 7 of 7
New
1 of 3 330 E HILL ST
Auction
 
Single Family Home
Colby, KS 67701
4
3
1197 ft2
1975
New
645 N COURT AVE
Auction
 
Single Family Home
Colby, KS 67701
3
1
1104 ft2
1945
1 of 10 621 CORNELL AVE
REO Foreclosure
 
Single Family Home
Oakley, KS 67748
4
2
1044 ft2
1920
New
1 of 5 721 SMOKYHILL AVE
Auction
 
Single Family Home
Oakley, KS 67748
4
2
1085 ft2
1951
1 of 6 105 MAIN ST
REO Foreclosure
 
Single Family Home
Brewster, KS 67732
3
2
864 ft2
1962
447 ELM ST
REO Foreclosure
 
Single Family Home
Ludell, KS 67744
1
1
1056 ft2
1910
1 of 5 115 E 5TH ST
REO Foreclosure
 
Single Family Home
Bird City, KS 67731
1
1
976 ft2
1936
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Neighborhoods in Colby, KS

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Popular Zip Codes in Colby, KS

67701 rent to own homes

Buying a Home in Colby, KS

Colby, KS is seeing rapid growth and Colby, KS's' housing market remains optimal with an average home price that is -41% below the 2024 national average. Colby, KS is part of Thomas county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Thomas is 1.51% which is above the national average, which is 0.99%.

Median Home Price in Colby, KS

Median Rent in Colby, KS

Rent to own homes offer low monthly payments and flexible terms.