Rent to own Homes in Topeka, KS

Topeka, Kansas, was founded alongside the Kansas City River in the northeast part of the state. Topeka is the state capital, as well as the county seat of Shawnee County. It is also home to Washburn University, the last city-chartered school in the nation. With a population of a little over 127,000, Topeka is a mid-sized city with a humid continental to subtropical climate. This is a great spot for people who are willing to relocate to a place that offers low crime rates and excellent quality of life.

Topeka, KS is a great place for affordable rent-to-own homes! With a median household income of over $49,647 and a median rent of $815, the Topeka, 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 Topeka, 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.