Rent to own Homes in Novelty, MO

Novelty, MO is a great place for affordable rent-to-own homes! With the current housing shortage trend it can make it harder to become a homeowner, including in Novelty, 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.

Check out Novelty, MO rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 17 of 17
New
1 of 4 504 FOURTH ST
Auction
 
Single Family Home
Baring, MO 63531
3
1
1470 ft2
1960
1 of 21 407 E 5TH ST
REO Foreclosure
 
Single Family Home
Shelbyville, MO 63469
2
1
1008 ft2
1900
Hot
312 S CENTER ST
REO Foreclosure
 
Single Family Home
Clarence, MO 63437
4
2
1888 ft2
1920
519 W PHIPPS ST
REO Foreclosure
 
Single Family Home
La Plata, MO 63549
2
1
1006 ft2
1910
New
1105 E HARRISON ST
Auction
 
Single Family Home
Kirksville, MO 63501
2
1
886 ft2
1954
New
1809 TEAL DR
Auction
 
Single Family Home
Kirksville, MO 63501
3
1
988 ft2
1979
716 N FLORENCE ST
Auction
 
Single Family Home
Kirksville, MO 63501
2
1
1492 ft2
1920
604 N HIGH ST
Auction
 
Single Family Home
Kirksville, MO 63501
2
1
843 ft2
1951
New
6 DRAKE DR
Auction
 
Single Family Home
Kirksville, MO 63501
2
1
1040 ft2
1975
1 of 22 1617 N DON ST
Auction
 
Single Family Home
Kirksville, MO 63501
3
1
1220 ft2
1910
New
1 of 5 21711 HACKBERRY TRL
Auction
 
Single Family Home
Kirksville, MO 63501
4
3
2040 ft2
1993
Hot
409 N CHESTNUT ST
REO Foreclosure
 
Single Family Home
Monroe City, MO 63456
3
1
1604 ft2
1900
1 of 6 LOT 43,44,45 GREEN RANCH ESTATES
Rent To Own
 
Multifamily (2 - 4 Units)
Stoutsville, MO 65283
0
0
0 ft2
New
1416 PRIMROSE LN
Auction
 
Single Family Home
Macon, MO 63552
3
0
1288 ft2
1968
New
13566 FRANKLIN ST
Pre-Foreclosure (NOD)
 
Single Family Home
Luray, MO 63453
0
0
0 ft2
1 of 3 983 W CHESTNUT ST
REO Foreclosure
 
Single Family Home
Kahoka, MO 63445
0
0
0 ft2
374 MURPHY ST
Pre-Foreclosure (NOD)
 
Single Family Home
Kahoka, MO 63445
0
0
0 ft2
Map
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Buying a Home in Novelty, MO

Novelty, MO is seeing rapid growth and Novelty, MO's' housing market remains optimal with an average home price that is -86% below the 2024 national average. Novelty, MO is part of Knox 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 Knox is 1.02% which is above the national average, which is 0.99%.

Median Home Price in Novelty, MO

Median Rent in Novelty, MO

Median rent data is currently unavailable.
Rent to own homes offer low monthly payments and flexible terms.