Rent to own Homes in St. Louis, MO
Known as the "Gateway to the West," St. Louis is a vibrant, thriving American city that was once the starting point for pioneers during the years of America's western expansion. Today, the city skyline is highlighted by the famous Gateway Arch, a curving edifice that seems to soar clear into the sky and is a favorite landmark destination for tourists. The home of several of America's most iconic companies, including the Anheuser Busch brewery and the Ralston Purina company, St. Louis also boasts a large number of genteel residential neighborhoods, many of which are included in the National Historic Register. In recent years, the city has focused its efforts on urban revitalization, with successful major renovations of the downtown and midtown areas, as well as several of its neighboring suburbs.
St. Louis, MO is a great place for affordable rent-to-own homes! With a median household income of over $45,782 and a median rent of $840, the St. Louis, 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 St. Louis, 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 St. Louis, MO Property Resources
Rent to own Homes in Cities Near St. Louis, MO
- Affton
- Arnold
- Ballwin
- Bella Villa
- Bellerive
- Bel-Nor
- Berkeley
- Beverly Hills
- Bridgeton
- Byrnes Mill
- Calverton Park
- Champ
- Chesterfield
- Clarkson Valley
- Clayton
- Cottleville
- Country Life Acres
- Crestwood
- Crystal Lake Park
- Eureka
- Ferguson
- Flordell Hills
- Florissant
- Frontenac
- Glendale
- Glen Echo Park
- Green Park
- Hanley Hills
- Hazelwood
- High Ridge
- Hillsdale
- Huntleigh
- Imperial
- Kinloch
- Lakeshire
- Manchester
- Maryland Heights
- Normandy
- Oakland
- Olivette
- Overland
- Pagedale
- Peaceful Village
- Pevely
- Pine Lawn
- Portage Des Sioux
- Scotsdale
- Sycamore Hills
- University City
- Velda City
Neighborhoods in St. Louis, MO
DeBaliviere Place rent to own homes Hamilton Heights rent to own homes Skinker DeBaliviere rent to own homes Visitation Park rent to own homes Wells-Goodfellow rent to own homes West End rent to own homes Compton Heights rent to own homes Gravois Park rent to own homes Benton Park rent to own homes Benton Park West rent to own homesBuying a Home in St. Louis, MO
St. Louis, MO is seeing rapid growth and St. Louis, MO's' housing market remains optimal with an average home price that is -34% below the 2024 national average. St. Louis, 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%.
Median Home Price in St. Louis, MO
Median Rent in St. Louis, MO
Top Reasons to Live in St. Louis MO
St. Louis Housing Statistics These statistics include rent to own houses, as well as rentals, sale homes, and condominiums:
Local Events in St. Louis St. Louis hosts a number of fairs and street festivals throughout the year. The biggest festival is the Fair St. Louis, which combines parades, entertainment, food and fun. It culminates in the annual Veiled Prophet Parade, a Mardi Gras type pageant that's been celebrated for more than 135 years. After the parade, everyone congregates at Laclede's Landing along the Mississippi River for a weekend of music, food, drink, and dance.
Outdoor Activities in St. Louis There are a number of fun outdoor activities for everyone to enjoy while in St. Louis. If you're not in the mood for athletic activity, you can stroll through the Missouri Botanical Gardens--one of the city's most popular tourist attractions. It features beautifully-landscaped scenic paths, as well as stunning displays of exotic trees, plants and flowers.
Neighborhoods in St. Louis Downtown St. Louis: A thriving center of commerce, downtown is also a center of entertainment and tourism. Bounded by the riverfront at the eastern side, it comprises an impressive array of restaurants, hotels, and retailers, as well as corporate headquarters for a number of regional and national companies. Enjoy the wealth of riverboats, restaurants and nightclubs along Laclede's Landing, and then walk toward the famed Gateway Arch, which features breathtaking rides to the top.