Rent to own Homes in Moore, OK
Beautiful Scenery! Moore is located just south of Oklahoma City and north of Norman in Oklahoma's Sandstone Hills region, which is known for its picturesque hills and majestic oak trees.
Moore, OK is a great place for affordable rent-to-own homes! With a median household income of over $67,851 and a median rent of $1,064, the Moore, 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 Moore, 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 Moore, OK Property Resources
Rent to own Homes in Cities Near Moore, OK
- Bethany
- Bethel Acres
- Blanchard
- Bridge Creek
- Choctaw
- Cole
- Del City
- Dibble
- Edmond
- Etowah
- Forest Park
- Goldsby
- Harrah
- Jones
- Lake Aluma
- Lexington
- Middleberg
- Midwest City
- Moore
- Mustang
- Newalla
- Newcastle
- Nichols Hills
- Nicoma Park
- Noble
- Norman
- Oklahoma City
- Pink
- Purcell
- Slaughterville
- Smith Village
- Spencer
- The Village
- Tuttle
- Union City
- Valley Brook
- Warr Acres
- Washington
- Woodlawn Park
- Yukon
Buying a Home in Moore, OK
Moore, OK is seeing rapid growth and Moore, OK's' housing market remains optimal with an average home price that is -32% below the 2024 national average. Moore, OK is part of Cleveland 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 Cleveland is 0.97% which is below the national average, which is 0.99%.
Median Home Price in Moore, OK
Median Rent in Moore, OK
11 Reasons to Live in Moore, OK
Home of America's Favorite Park! Winning an online competition, Veterans Memorial Park beat out other parks across the country for the title. A centerpiece of the park is the Veteran's Memorial Plaza which features granite tablets and an obelisk commemorating veterans from all branches of service.
Home values are on the rise! The Zillow Home Value Index in Moore has increased 3.8% in the last year. While the increase is a good thing, what's even better is home prices are much lower (on average about $60,000 less) than the National Index. A popular neighborhood is bordered by 19th Street and 149th Street.
Tornado Alley! If you're a storm chaser, you'll have plenty to do in Moore, which is located along the famed Tornado Alley. Tornados have touched down in Moore over the years, most recently during the devastating 2013 tornado. The community spirit is often seen in how residents pull together after such an event.
Be Moore active! The city of Moore's Parks and Recreation Department has created a program aimed at getting its residents more active. Residents can enjoy a sports league or camp, or have fun at the more than 240 acres of park grounds in the city. Fairmoore Park has horseshoe pits, while the City of Moore Arboretum has a walking trail that winds through the flowers, trees and bushes.
Low property tax rates! Moore has a relatively low home tax rate of $9.13 per $100 of assessed value, while the US average is $11.20. So if you do choose one of the rent to own houses, you won't have to pay as much in taxes! Check out the properties off of Indian Hills Road or Eastern Avenue.
Play golf! Moore is home to a public golf course, the 18-hole Broadmoore Golf Club. Two private golf courses offer links as well as other recreational activities. Moore Golf and Athletic Club has three swimming pools, a gym and a restaurant, while BelMar Golf Club has homes for sale within its property. Many overlook one of the 18 holes.
Home appreciation rates are rising! The median cost for a home in Moore is $106,100 and homes have appreciated in the last year at a rate of 4.66%, which is much higher than the national average of 1.62% per year. Grab your new home on Bryant Avenue or Sooner Road.
Enjoy down-home cooking! Enjoy down-home good food - including meat and three plates - at local eateries like Earl's Rib Palace, Catfish Cove and Pickles.
Home of country singers! Moore is the hometown of country superstar Toby Keith (many of the city's water towers proclaim this fact) and fellow country singer Kellie Coffey.
New opportunities for rent to own homes! Because the number of home sales are decreasing (down 52.3% year to year), home owners are more likely to consider either renting their homes or offering them on a rent to own basis. The extreme southern side of Moore is one of the best spots to search for these opportunities, on streets such as 12th and 19th Street.