Rent to own Homes in Greenwood, MS

Founded along the Yazoo River by John Williams in 1834, this city was originally a trading post called Williams Landing. The area was incorporated in 1844 as Greenwood. During that time it became the county seat of Leflore County, Mississippi. The city occupies a land area of 13 square miles and has a population of 16,087.

Greenwood, MS is a great place for affordable rent-to-own homes! With a median household income of over $32,565 and a median rent of $557, the Greenwood, MS 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 Greenwood, MS. 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 Greenwood, MS rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 105
Hot
400 CROCKETT AVE
Rent to Own Eligible
 
Single Family Home
Greenwood, MS 38930
3
3
2940 ft2
113 SYCAMORE LN
Rent to Own Eligible
 
Single Family Home
Greenwood, MS 38930
3
2
1392 ft2
1977
505 CENTRAL ST
Rent to Own Eligible
 
Single Family Home
Belzoni, MS 39038
3
1
3025 ft2
1912
1 of 41 8597 BROZVILLE RD
Rent to Own Eligible
 
Single Family Home
Lexington, MS 39095
5
7
9353 ft2
2010
New
681 W MONROE ST
Rent to Own Eligible
 
Single Family Home
Grenada, MS 38901
3
2
2379 ft2
1964
315 HARRIS RD
Rent to Own Eligible
 
Single Family Home
Grenada, MS 38901
3
2
2008 ft2
1981
243 THORN DR
Rent to Own Eligible
 
Single Family Home
Grenada, MS 38901
4
2
3084 ft2
1999
1 of 7 204 KENNEDY DR
Rent To Own
 
Single Family Home
Itta Bena, MS 38941
3
1
1000 ft2
1972
90 CAROL ST
Rent To Own
 
Single Family Home
Durant, MS 39063
3
1
1100 ft2
1989
1 of 6 1213 W PRESIDENT AVE
Auction
 
Single Family Home
Greenwood, MS 38930
3
1
1170 ft2
1961
Hot
1 of 4 411 TAYLOR DR
REO Foreclosure
 
Single Family Home
Greenwood, MS 38930
2
1
766 ft2
1945
New
8289 HIGHWAY 7 S
Auction
 
Single Family Home
Holcomb, MS 38940
3
2
2608 ft2
1901
New
1 of 6 361 MAIN ST
REO Foreclosure
 
Single Family Home
Tchula, MS 39169
3
1
1434 ft2
1925
New
161 SPENCER RD
Auction
 
Single Family Home
Grenada, MS 38901
3
2
3092 ft2
1993
109 ROBINSON ST
Auction
 
Single Family Home
Belzoni, MS 39038
3
1
1073 ft2
1999
1165 STONEBRIDGE DR
Auction
 
Single Family Home
Grenada, MS 38901
3
2
3341 ft2
1995
2000 WOODED DR
Auction
 
Single Family Home
Grenada, MS 38901
3
2
2733 ft2
1998
139 GOODWIN DR
Auction
 
Single Family Home
Grenada, MS 38901
3
2
1511 ft2
2011
551 JEFFERSON TRL
Auction
 
Single Family Home
Grenada, MS 38901
3
2
2188 ft2
1979
5184 PEARIDGE RD
Auction
 
Single Family Home
Grenada, MS 38901
3
2
1609 ft2
1975
New
51 JAGGER DR
Auction
 
Single Family Home
Grenada, MS 38901
3
2
1262 ft2
1989
1245 WESTVIEW DR
Auction
 
Single Family Home
Grenada, MS 38901
3
1
1895 ft2
1961
117 LYNN ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Grenada, MS 38901
3
1
1278 ft2
1993
1 of 5 660 SCENIC DR
Auction
 
Single Family Home
Grenada, MS 38901
3
1
1500 ft2
1960
1 of 5 1352 JONES CIR
Auction
 
Single Family Home
Grenada, MS 38901
3
1
2108 ft2
1960
132 KENNEDY CIR
Auction
 
Single Family Home
Grenada, MS 38901
3
1
1455 ft2
2000
37 LONGVIEW DR
Auction
 
Single Family Home
Grenada, MS 38901
3
2
1995 ft2
1961
New
35 LONGVIEW DR
Auction
 
Single Family Home
Grenada, MS 38901
3
2
2001 ft2
1961
2026 PASS ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Grenada, MS 38901
3
1
1357 ft2
1955
New
30 ALLEN CV
Auction
 
Single Family Home
Grenada, MS 38901
5
3
2437 ft2
2004
New
1245 FAIRGROUND RD
Auction
 
Single Family Home
Grenada, MS 38901
3
2
1246 ft2
1960
New
5 MIMOSA DR
Auction
 
Single Family Home
Grenada, MS 38901
3
1
1217 ft2
1960
New
1113 S LINE ST
Auction
 
Single Family Home
Grenada, MS 38901
3
2
1949 ft2
1942
1 of 15 1113 South Line St-Grenada
REO Foreclosure
 
Single Family Home
Grenada, MS 38901
3
2
1615 ft2
1942
55 MIMOSA DR
Auction
 
Single Family Home
Grenada, MS 38901
3
1
1226 ft2
1960
442 MARGIN ST
Auction
 
Single Family Home
Grenada, MS 38901
4
2
2023 ft2
New
226 WATER ST
Auction
 
Single Family Home
Grenada, MS 38901
3
2
2046 ft2
389 COLLEGE BLVD
Auction
 
Single Family Home
Grenada, MS 38901
3
2
2679 ft2
New
992 MURFF DR
Auction
 
Single Family Home
Grenada, MS 38901
3
1
1421 ft2
1971
1 of 4 48 FUTHEYVILLE CV
REO Foreclosure
 
Single Family Home
Grenada, MS 38901
3
1
1324 ft2
1950
168 LYON DR
Auction
 
Single Family Home
Grenada, MS 38901
3
1
1329 ft2
162 LYON DR
Auction
 
Single Family Home
Grenada, MS 38901
3
1
1450 ft2
1978
New
66 DEERFIELD CIR
Auction
 
Single Family Home
Grenada, MS 38901
3
2
1621 ft2
2015
3 Cedar Ln Coffeeville
REO Foreclosure
 
Single Family Home
Coffeeville, MS 38922
2
2
1214 ft2
1988
Map
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Buying a Home in Greenwood, MS

Greenwood, MS is seeing rapid growth and Greenwood, MS's' housing market remains optimal with an average home price that is -59% below the 2024 national average. Greenwood, MS is part of Leflore 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 Leflore is 0.9% which is below the national average, which is 0.99%.

Median Home Price in Greenwood, MS

Median Rent in Greenwood, MS

Rent to own homes offer low monthly payments and flexible terms.

Top 5 Reasons to Live in Greenwood, MS

Extremely low cost of homes! Those who live in Mississippi know that the state in general already enjoys a low real estate cost, with the state average costing less than $100,000. In Greenwood, the city average cost of homes for sale is even lower than this at about $80,000. Rent to own homes can be found in the Route 82/Bowie Lane neighborhood. For those who want to buy, the Route 49 E/W Park Avenue neighborhood has the most valuable real estate in town.

Apartments are also very affordable! Greenwood has a wide variety of apartment complexes available. More importantly, the rental prices in these apartments are priced similarly to the houses, making it easy to find affordable units. Terrace View Apartments are excellent, and Earnestine McNeace Apartments offer some great prices and notable features.

Enjoy the local entertainment! Greenwood has a nice, small-town feel and some unique entertainment opportunities. The Greenwood Little Theatre is one popular destination. They hold regular shows at this venue and offer a great respite for those interested in performing arts. If you're looking for something a bit quieter, the Cottonlandia Museum offers some wonderful exhibits.

Grab a relaxing drink! The city of Greenwood offers a great variety of bars to explore. The Orlando Club offers well-priced options and a great atmosphere. When you are looking to watch your favorite team, Scruples Sports Bar is another great choice.

Excellent local restaurants! Delta Bistro is one of the great local spots, and newcomers are encouraged to try local favorites like the catfish or alligator. Alternatively, Steven's Bar-B-Q offers some of the best food in Mississippi.