Rent to own Homes in Starkville, MS
Located directly west of Mississippi State University, Starkville is the county seat of Oktibbeha County. Settlers originally moved to Starkville for access to its two large springs. In 1835, the city was established under the name of Boardtown, but the name was later changed to honor the Revolutionary war hero General John Stark. With a modest population of approximately 24,000, this unassuming city is part of the Golden Triangle Region of northeast Mississippi.
Starkville, MS is a great place for affordable rent-to-own homes! With a median household income of over $35,300 and a median rent of $788, the Starkville, 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 Starkville, 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.
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Rent to own Homes in Cities Near Starkville, MS
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Starkville, MS is seeing rapid growth and Starkville, MS's' housing market remains optimal with an average home price that is -18% below the 2024 national average. Starkville, MS is part of Oktibbeha 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 Oktibbeha is 0.65% which is below the national average, which is 0.99%.
Median Home Price in Starkville, MS
Median Rent in Starkville, MS
Top 5 Reasons to Live in Starkville, Mississippi
Plenty of artistic outlets! Starkville is home to the Magnolia Film Festival, the oldest film festival in Mississippi. It also hosts a variety of other artistic festivals, including the Cotton District Arts Festival, the Old Man Music Festival, and the Ragtime & Jazz Music Festival. Many of these local events receive strong support from the student body of Mississippi State, making for a diverse display of talent.
Find some peace in local parks! There are seven distinct parks maintained by the Starkville Parks & Recreation Department, and most offer very reasonable rental rates for their pavilions, include play facilities for children and even offer swimming pools. The Needmore Center is one of the popular destinations for locals to rent out for the day. .
Reasonable rents! The average rent for a three-bedroom house is well below the national average, usually costing between $475 and $600 per month. In addition to the homes for rent, there are over 30 separate apartment complexes in the city offering affordable housing. Lakeside offers some of the most affordable rentals. For those of more advanced years, there is also Boardtown Village, the local retirement home community that offers plenty of amenities.
Opportunities to buy or build! When it comes to homes for sale, there is also no shortage in Starkville, and most of them are also well-priced for the ready buyer. Some even offer rent to own options. If you are looking to build a new home, the average cost is only just over $100,000, making it much more affordable than other parts of the country. The Sturgis neighborhood is one of the best examples of this, offering plenty of affordable homes. Clayton Village also has some great options.
A college town! With student enrollment at over 20,000, Mississippi State University offers residents of Starkville S.E.C. sports action to cheer on. If sports isn't your forte, the University is also home to the renowned Mississippi Piano Showcase.