Rent to own Homes in Des Peres, MO
Des Peres, MO is a great place for affordable rent-to-own homes! With a median household income of over $173,672 and a median rent of $1,969, the Des Peres, 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 Des Peres, 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 Des Peres, MO Property Resources
Rent to own Homes in Cities Near Des Peres, MO
- Affton
- Arnold
- Ballwin
- Bella Villa
- Bellerive
- Bel-Nor
- Berkeley
- Beverly Hills
- Bridgeton
- Byrnes Mill
- Calverton Park
- Cedar Hill Lakes
- Champ
- Chesterfield
- Clarkson Valley
- Clayton
- Cottleville
- Country Life Acres
- Crestwood
- Crystal Lake Park
- Eureka
- Ferguson
- Festus
- Flordell Hills
- Florissant
- Frontenac
- Glendale
- Glen Echo Park
- Green Park
- Hanley Hills
- Hazelwood
- High Ridge
- Hillsboro
- Hillsdale
- Huntleigh
- Imperial
- Kinloch
- LaBarque Creek
- Lakeshire
- Manchester
- Maryland Heights
- Normandy
- Oakland
- O'Fallon
- Olivette
- Overland
- Pacific
- Pagedale
- Peaceful Village
- Pevely
Popular Zip Codes in Des Peres, MO
63131 rent to own homesBuying a Home in Des Peres, MO
Des Peres, MO is seeing rapid growth and Des Peres, MO's' housing market remains not optimal with an average home price that is 111% above the 2024 national average. Des Peres, MO is part of St. Louis 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 St. Louis is 1.25% which is above the national average, which is 0.99%.