Rent to own Homes in Liberal, KS
Part of Seward County, Liberal is a city that spans approximately 12 square miles. The city got its name from the kind acts of S. S. Rogers, the man who built the area's first home in 1875. According to historical accounts, he gave water to travelers passing through the area, and many of his recipients said it was very liberal of him to do so! Though the growth of Liberal took time, and it now boasts approximately 20,525 residents.
Liberal, KS is a great place for affordable rent-to-own homes! With a median household income of over $48,434 and a median rent of $770, the Liberal, 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 Liberal, 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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Liberal, KS is seeing rapid growth and Liberal, KS's' housing market remains optimal with an average home price that is -49% below the 2024 national average. Liberal, KS is part of Seward 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 Seward is 1.43% which is above the national average, which is 0.99%.
Median Home Price in Liberal, KS
Median Rent in Liberal, KS
Top 5 Reasons to Live in Liberal, Kansas
Many homes for sale in this community! Home prices are attractive here, with medians coming in at about $133,000. Some popular neighborhoods for new home sales include the City Center and the area around Western Avenue. Check out the community on West 8th Street for a room with a view -- this area bisects Blue Bonnet Park and is only a block from the city's recreation center.
Plentiful rent to own options! About 36 percent of Liberal, Kansas, is renter occupied. Though rents depend on the size of the property, surrounding amenities, and neighborhood, average rental prices are lower than those in the rest of Kansas and throughout the country overall. In fact, Liberal rents are more than 30 percent lower than statewide averages! The neighborhood of West 2nd Street is one area known for its reasonable and affordable rental prices, and is close to Harrison Circle Park and many of the city's local businesses and restaurants.
Plenty of arts and cultural attractions in Liberal! Community residents can enjoy Dorothy's House and the Land of Oz Museum, which depicts the home and life of fictitious character Dorothy Gale from The Wizard of Oz. The Mid-America Air Museum features over 100 airplanes, and the Seward County Community College Theater puts on many performances to remember. For those who prefer movies to live entertainment, Mitchell Theaters Southgate Cinema 6 gets all the latest blockbusters.
Restaurants to suit every taste! There's a wide variety of restaurants in the Liberal community. Among the local favorites are Ruffino's Italian Restaurant, La Hacienda Restaurant, and the Pancake House, which serves its signature pancakes seven days a week. No city is complete without a few burger and pizza joints, and Sonic Drive-In and High Plain Pizza fit the bill.
Outdoor fun galore! Those who buy or rent property in Liberal have plenty to do once they head outdoors. There's Willow Tree Golf Course for playing a round or two and Adventure Bay Water Park for cooling off on hot summer days. For tossing a ball around or picnicking, residents often head out to Mahuron Park or Tower Park.