Rent to own Homes in Durant, OK
Durant, Oklahoma is a historical town that embraces the past while moving into the future. Anyone who lives there has many attractions, sites and festivities to visit year-round. All of this activity is mixed with a laid-back style of small-town life, down-home culture and a sense of history that is hard to match in other towns around Oklahoma.
Durant, OK is a great place for affordable rent-to-own homes! With a median household income of over $39,097 and a median rent of $762, the Durant, 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 Durant, 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 Durant, OK Property Resources
Rent to own Homes in Cities Near Durant, OK
- Achille
- Bee
- Bells
- Calera
- Cartwright
- Colbert
- Cumberland
- Denison
- Dorchester
- Durant
- Ector
- Gordonville
- Gunter
- Hendrix
- Howe
- Kemp
- Kingston
- Knollwood
- Little City
- Madill
- Mc Bride
- Mead
- New Woodville
- Platter
- Pottsboro
- Preston
- Ravenna
- Sadler
- Sand Point
- Savoy
- Sherman
- Sherwood Shores
- Silo
- Southmayd
- Tom Bean
- Van Alstyne
- Whitesboro
- Whitewright
Neighborhoods in Durant, OK
No neighborhoods foundBuying a Home in Durant, OK
Durant, OK is seeing rapid growth and Durant, OK's' housing market remains optimal with an average home price that is -46% below the 2024 national average. Durant, OK is part of Bryan 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 Bryan is 0.64% which is below the national average, which is 0.99%.
Median Home Price in Durant, OK
Median Rent in Durant, OK
7 Reasons to Move to Durant, OK
There's always a good time to be had! Durant is home to the Choctaw Casino and Resort, one of the largest casinos in the area. This casino features the only AAA Four Diamond rated hotel in Southeastern Oklahoma. Next door is the world-famous restaurant, Gilly's.
Summer activities! In the summer, be sure to go to the Battle of the Fireworks for an Independence Day fireworks show like you've never seen, held right outside the CenterStage concert hall and the Choctaw Event Center.
Small town living! The population of Durant in 2012 was a modest 16,425. Of that number, 87 percent of the population lived in urban areas and 13 percent lived in rural areas. So if you like living in town, you will have many neighbors. If you decide that rural living is more your style, that is an option, too. If you choose to look for rent to own homes off of Highway 70, you will be in the heart of town near all the attractions. North 1st Avenue is a better neighborhood for rural enthusiasts who want larger houses.
Food aplenty! For such a small town, Durant has a wide range of great restaurants, such as 1832 Steakhouse, Americo's and Red Dragon Asian Cafe.
Lake fun! Durant is only 10 miles from one of the largest man-made lakes in the United States. Lake Texoma has everything someone could want from an outdoors area. It has boating, camping, fishing, hiking trails, horse riding trails and much more.
A town of beauty! Durant is officially the Magnolia Capital of Oklahoma. Magnolias are beautiful flowing trees that can be found all over town. Each year they have the Magnolia Festival of Oklahoma at the Choctaw Event Center the Thursday following Memorial Day. It has been held since 1997 and features a Pride Amusements Carnival, Choctaw Nation Princess Pageant, Native American dancers, an art show and much more.
The more things change, the more they stay the same! The population change since 2000 has only been around 21.2 percent. This means that if you move here you won't need to worry about the town getting bigger rapidly. Durant is a steady town, from the ever-standing "World's Largest Peanut" monument, to the historical Fort Washita Historic Site & Museum. Home prices stay low, too. Detached houses sell for around $100,742, while townhouses usually go for $84,723. Rent averages $637, well below the national average.