Rent to own Homes in Enid, OK
Annual Events! The Tri-State Music Festival takes place each spring in Enid, bringing music lovers of all genres together. Every summer, the Chataqua in the Park series brings actors out for five nights impersonating historical figures. The city also hosts a 4th of July fireworks show and annual holiday events.
Enid, OK is a great place for affordable rent-to-own homes! With a median household income of over $51,784 and a median rent of $809, the Enid, 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 Enid, 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.
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Rent to own Homes in Cities Near Enid, OK
Neighborhoods in Enid, OK
Indian Hills rent to own homes Waverly Historic District rent to own homes Kisner Heights Historic District rent to own homes Downtown Enid rent to own homes Kenwood Historic District rent to own homesPopular Zip Codes in Enid, OK
73701 rent to own homes 73703 rent to own homes 73705 rent to own homesBuying a Home in Enid, OK
Enid, OK is seeing rapid growth and Enid, OK's' housing market remains optimal with an average home price that is -48% below the 2024 national average. Enid, OK is part of Garfield 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 Garfield is 0.77% which is below the national average, which is 0.99%.
Median Home Price in Enid, OK
Median Rent in Enid, OK
10 Reasons to Live in Enid
Lovely Neighborhoods! Enid is divided into two distinct regions, east and west, with many neighborhoods and rent to own properties in both. Some of the neighborhoods in west Enid include Chestnut Village, Hunters Hill, and Waterford Court. Some of the neighborhoods in east Enid include Brookside and Kenwood.
Art and Music! The Enid Symphony Orchestra has been providing magical music for residents for decades. The Gaslight Theatre puts shows on regularly at the local theater and also holds a Shakespeare in the Park event annually. For live music, visit one of the many local venues such as Lucky's Pub, Club 30, Captain's Quarters, Scooters, The Last Honky Tonk, and the Rodeo Lounge.
Delicious Food! The local restaurants here include Callahan's Pub and Grille, which brings a little bit of the United Kingdom to the middle of Oklahoma with authentic dishes and a large selection of imported beer. Costello's Continental Cuisine features renewed American classics such as crab cakes, seafood, and well-aged beef. If you just want a quick bite or something sweet to nibble, visit Laney's Cupcakes & Gourmet Sandwiches.
Revolving Housing Market! Rent to own homes in Enid are a great investment due to the nearby Vance Air Force Base. New support staff are constantly coming in, and the need for rental homes and rent to own houses in the area is only expected to grow. Recent economic developments, such as the construction of the Conference andd Event Center, the new Waste Water Treatment Plant, and the renovation of the Cherokee Strip Regional Heritage Center, all indicate a growth in area real estate.
Fun Shopping! There are a number of large shopping centers in Enid, such as Oakwood Mall, Sunset Plaza, and Westgate Shopping Center. For locally owned shops, visit the downtown area.
Live on or Near a Golf Course! If you like to play in a refined outdoor area, the many golf courses will suit you. You can even look for rent to own homes on local courses like Oakwood Country Club, Meadowlake Municipal Golf Course, and Pheasant Run Golf Club.
Employment Opportunities! Enid has many employment opportunities to offer new residents. Rent to own houses are conveniently located near the top five employers of the area: Vance Air Force Base, Advance Pierre Foods, Vance Infrastructure Support, Integris Bass Baptist Health Center, and the Enid Board of Education.
History and Museums! The Railroad Museum of Oklahoma displays relevant artifacts and discusses the important role railways played in the development of the area. The Cherokee Strip Regional Heritage Center is home to the region's archives and treasures. The Southern Heights Heritage Center and Museum focuses on Native and African American history.
Great Location! Enid offers all of the benefits of a small town while giving easy access to the two largest metropolitan centers in the area. Whether you buy or rent in neighborhoods like Pheasant Run and Rolling Acres, you will be less than two hours north of Oklahoma City. Plus, a little less than two hours to the east is Tulsa.