Rent to own Homes in Bethany, OK
Bethany is a city of about 19,000 people in Oklahoma County, OK. Originally settled by emigrants from Oklahoma City in 1909, the pioneers of Bethany wanted to establish a town fully dedicated to the Church of Nazarene. The town is home to astronaut Shannon Lucid, as well as professional baseball player Allie Reynolds!
Bethany, OK is a great place for affordable rent-to-own homes! With a median household income of over $51,286 and a median rent of $929, the Bethany, OK 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 Bethany, OK. 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 Bethany, OK Property Resources
Rent to own Homes in Cities Near Bethany, OK
- Arcadia
- Bethany
- Blanchard
- Bridge Creek
- Cashion
- Cedar Valley
- Choctaw
- Cimarron City
- Crescent Springs
- Del City
- Edmond
- El Reno
- Forest Park
- Guthrie
- Jones
- Lake Aluma
- Midwest City
- Minco
- Moore
- Mustang
- Newcastle
- Nichols Hills
- Nicoma Park
- Norman
- Okarche
- Oklahoma City
- Piedmont
- Seward
- Smith Village
- Spencer
- The Village
- Tuttle
- Twin Lakes
- Union City
- Valley Brook
- Warr Acres
- Woodlawn Park
- Yukon
Neighborhoods in Bethany, OK
No neighborhoods foundPopular Zip Codes in Bethany, OK
73008 rent to own homesBuying a Home in Bethany, OK
Bethany, OK is seeing rapid growth and Bethany, OK's' housing market remains optimal with an average home price that is -41% below the 2024 national average. Bethany, OK is part of Oklahoma 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 Oklahoma is 0.96% which is below the national average, which is 0.99%.
Median Home Price in Bethany, OK
Median Rent in Bethany, OK
6 Great Reasons to Live in Bethany, Oklahoma!
The strong local economy! There are plenty of good job opportunities and career paths to choose from in Bethany. Top employers include the Southwestern Christian University, Deaconess Hospital at Bethany, Wiley Post Airport, the local school district and the Pinto Horse Association of America. Whether you are pursuing a current career path or looking for something new and challenging, you'll have your pick in this town.
Healthy housing market! Bethany has some beautiful homes, from the brick colonial mansions along North Penial Avenue, to the sprawling modern bungalows along NW 31st street. Home prices are affordable, at an average of $101,000 per property, but rental rates are quite high, averaging over $1000 per month. On the other hand, it's a great time to invest in Bethany and become a landlord! Why not take on a fixer-upper and turn it into a luxury rental house?
Wonderful housing opportunities! If you aren't quite ready to jump into a mortgage, check out property available to rent to own in Bethany. Homes around Eldon Lyon Park are very attractive, as are those facing Lake Overholser. With so many homeowners embracing lease to purchase agreements these days, there's no reason to stay trapped in a rental agreement any longer than you wish.
The Stinchcomb Wildlife Refuge! The wildlife refuge just west of River Road is a very popular attraction for both locals and visitors to Bethany. Follow the hiking trails, get on your bicycle or hunt for Bigfoot in the woods by the North Canadian River!
The Oklahoma State Fair! The State Fair Park is located at the southeast corner of Bethany. Every September, this spot is home to the Oklahoma State Fair, which means lots of shows, food, entertainment, contests and classes! From the Rubber Chicken Show at Capital City Theater, to the Beautiful Bras contest at the Creative Arts Building, there's definitely something for everyone to enjoy.
White Water Bay Park! Check out the massive water slides and swim parks at White Water Bay Park! Dave's Donuts and Cordell's Taco Stand will fuel you up for a full summer of water sports every year.