Rent to own Homes in Carthage, MO
Carthage is located in Jasper County and has a population of 14,378. Nicknamed America's Maple Leaf City, Carthage celebrates its unique moniker with an annual three-day celebration that draws in crowds from across the state. Residents particularly like living in Carthage because the cost of living is not only 9.8% less than the Missouri average, but also 16.9% less than the national average. Home to several nationally recognized companies and the site of the first battle in the American Civil War, Carthage offers numerous activities for local residents.
Carthage, MO is a great place for affordable rent-to-own homes! With a median household income of over $39,938 and a median rent of $762, the Carthage, MO 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 Carthage, MO. 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.
More Carthage, MO Property Resources
Rent to own Homes in Cities Near Carthage, MO
- Airport Drive
- Alba
- Asbury
- Baxter Springs
- Brooklyn Heights
- Cardin
- Carl Junction
- Carterville
- Carthage
- Carytown
- Chicopee
- Cliff Village
- Columbus
- Dennis Acres
- Diamond
- Duenweg
- Duquesne
- Fidelity
- Galena
- Goodman
- Granby
- Grand Falls Plaza
- Jasper
- Joplin
- Leawood
- Loma Linda
- Lowell
- Miami
- Neck City
- Neosho
- Opolis
- Oronogo
- Peoria
- Picher
- Pittsburg
- Purcell
- Quapaw
- Redings Mill
- Reeds
- Ritchey
- Riverton
- Scammon
- Seneca
- Shoal Creek Drive
- Shoal Creek Estates
- Silver Creek
- Treece
- Waco
- Webb City
- Weir
Neighborhoods in Carthage, MO
North Carthage rent to own homesPopular Zip Codes in Carthage, MO
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Carthage, MO is seeing rapid growth and Carthage, MO's' housing market remains optimal with an average home price that is -58% below the 2024 national average. Carthage, MO is part of Jasper 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 Jasper is 0.73% which is below the national average, which is 0.99%.
Median Home Price in Carthage, MO
Median Rent in Carthage, MO
Top 5 Reasons to Live in Carthage, MO
A Thriving Local Economy! Carthage is home to one of the state's fastest growing economies because it is the headquarters of numerous national and Fortune 500 companies like Leggett & Platt, Goodman Manufacturing and Schreiber Foods. Residents in need of medical care can benefit from the recently renovated city-owned McCune Brooks hospital, which has been rated as one of the best in the state.
An Iconic Site in American History! Carthage is the site of the first official military engagement of the American Civil War, the Battle of Carthage. To this day, the location is preserved and an annual reenactment generates thousands of spectators from around the world. Beginning in 1996, Carthage started holding the Maple Leaf Festival in October of every year. Held to celebrate the changing of the seasons, the festival brings in spectators from around the state and includes live entertainment, delicious food from local restaurants and activities for all ages.
Entertainment For Any Interest! During the summer, the 66 Drive-in Theatre remains one of the few remaining drive-in theaters in the United States. Located on historic Route 66, the theater draws in hundreds of cars for nightly shows and plays numerous Hollywood hits. Head to the Stone's Throw Dinner Theater for an interactive experience, complete with dinner and audience interaction.
Inexpensive Rent! Compared to the United States, where the median rent is a costly $1,495, Carthage is a remarkable bargain with a median rent price of only $600. Because of the low rent, buyers are able to secure a larger home for their money. Rent to own homes are a viable option in neighborhoods like the City Center or Pleasant Valley.
Median List Price on the Decline! According to Zillow, the median list price in Carthage has fallen from nearly $160,000 in June 2014 to just $149,900 in November. Because of the falling list prices, buyers are able to negotiate great deals on homes in areas of the city like Avilla and La Russell.