Rent to own Homes in Ocean Springs, MS
Ocean Springs, MS has been drawing residents to the stunning natural beauty of the Mississippi Gulf since 1699. The city has a rich historic feel and a vibrant downtown community, where you will find more than 100 restaurants and a micro-brewery. With a population of more than 17,000 and access to the larger Pascagoula Metropolitan Area, Ocean Springs offers plenty of fun events for residents of all ages to enjoy.
Ocean Springs, MS is a great place for affordable rent-to-own homes! With a median household income of over $60,859 and a median rent of $1,005, the Ocean Springs, 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 Ocean Springs, 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.
More Ocean Springs, MS Property Resources
Rent to own Homes in Cities Near Ocean Springs, MS
Neighborhoods in Ocean Springs, MS
Front Beach rent to own homes Ocean Springs Central Business District rent to own homes Gateway East rent to own homes Ocean Springs Boulevard rent to own homes Bienville Boulevard Central rent to own homes Central Ocean Springs rent to own homes Gateway West rent to own homes Ocean Springs rent to own homes Ocean Springs East rent to own homes Lover's Lane rent to own homesBuying a Home in Ocean Springs, MS
Ocean Springs, MS is seeing rapid growth and Ocean Springs, MS's' housing market remains optimal with an average home price that is -20% below the 2024 national average. Ocean Springs, MS is part of Jackson 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 Jackson is 0.75% which is below the national average, which is 0.99%.
Median Home Price in Ocean Springs, MS
Median Rent in Ocean Springs, MS
Top 4 Reasons to Live in Ocean Springs, MS
A vibrant arts scene! Ocean Springs is known as an artistic city. Several galleries and studios are found within the town's center. The Art House is a co-op gallery that represents 30 artists, while the Bay Arts Center has regular classes and exhibits by local artists. The city also has an artistic heritage; it was home to Walter Inglis Anderson, a famed painter. Each year, several festivals are held in Ocean Springs, including the Peter Anderson Festival and the Herb Festival.
A variety of affordable housing options! Residents of Ocean Springs have access to a wide variety of rental homes and house for sale. The median price of homes listed, as of November 2014, was $182,900. More than 34 percent of properties on the market in 2014 had their list price reduced. There are several communities within the larger city, and the areas around the Inner Harbor Park and Fort Maurepas State Park are just a few places where shoppers can look.
High ownership rates! With high home ownership rates, Ocean Springs is an ideal destination for buyers who are looking for a sense of community. Between 2007 and 2011, more than 69 percent of residents owned their own home. There are plenty of rent to own options. The city's most desirable communities include the neighborhoods of Gulf Hills, Fontainebleau and City Center.
Enjoy the great outdoors! Ocean Springs is located along the Gulf Coast, so residents have access to a wide range of outdoor activities. Fishing, boating and sailing are just some of the pastimes that locals can enjoy. The Grand Bay National Wildlife Refuge encompasses more than 30,000 acres. At the Gulf Islands National Seashore, Ocean Springs residents can enjoy the sun, surf and sand in a pristine setting. The seashore includes seven islands and parts of the mainland. Visitors can camp in the area or hike along one of the many nature trails. Picnic facilities are available.