Rent to own Homes in Junction City, KS
Incorporated in 1859, Junction City's small-town sense of community and abundance of natural space makes it the quintessential Kansas town. Home to some 24,000 residents, the town covers an area of 12 square miles and is a mixture of downtown comfort and idyllic, pastoral rural life. However, the town isn't all slow pace; events at the C.L. Hoover Opera House and nearby Fort Riley always ensure there are things to do and new people to meet.
Junction City, KS is a great place for affordable rent-to-own homes! With a median household income of over $52,159 and a median rent of $880, the Junction City, 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 Junction City, 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.
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Junction City, KS is seeing rapid growth and Junction City, KS's' housing market remains optimal with an average home price that is -36% below the 2024 national average. Junction City, KS is part of Geary 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 Geary is 1.29% which is above the national average, which is 0.99%.
Median Home Price in Junction City, KS
Median Rent in Junction City, KS
Top 4 Reasons to Live in Junction City
Parks galore! Junction City places a great emphasis on ensuring its citizens have a place to explore the outdoors. There are more than 15 parks, plazas, ponds and trails scattered across the city. Spend a day enjoying a barbecue or picnic at Homer's Pond, or don your hiking boots for an unforgettable walk through nature, which will take you back to a time before Junction City was incorporated. On the Fourth of July, head over to the picturesque Heritage Park for a huge Independence Day celebration.
Explore history! Junction City is packed full of history, so grab your camera and get exploring the neighborhood! First stop should be the Atomic Cannon, a relic of 1950s warfare that could shoot a shell 20 miles (so don't worry if it accidentally goes off - you're safe!). It's the largest in the country, one of only eight remaining, and not to be missed. Elsewhere, discover what Junction City used to be like at the Geary County Historical Museum, which features a view of pioneer life, Civil War-era newspaper articles and special events.
A wise investment! The city has seen rapid economic growth in recent years, evidenced by the steady increase in home values since 2009. As such, you can see your home purchase as an investment, regardless of whether you buy outright or rent to own. And with a below-average cost of living, you'll have some extra cash to splash at Spin City and Westside Shopping Center.
Host guests! Nearly two-thirds of homes in Junction City have three or more bedrooms, which gives you plenty of space to invite your friends and family over for extended stays. To be specific, two-thirds of the homes have six or more rooms, giving you ample room to store your baseball equipment before your big debut at Rathert Stadium or for hosting a neighborhood party for those stationed at Fort Riley.