Rent to own Homes in Fort Pierre, SD

Fort Pierre, SD is a great place for affordable rent-to-own homes! With a median household income of over $72,813 and a median rent of $819, the Fort Pierre, SD 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 Fort Pierre, SD. 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.

Check out Fort Pierre, SD rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 2 of 2
Hot
407 W PROSPECT AVE
Rent To Own
 
Single Family Home
Pierre, SD 57501
2
1
864 ft2
1910
308 S JEFFERSON AVE
REO Foreclosure
 
Single Family Home
Pierre, SD 57501
2
1
1064 ft2
1951
Map
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Buying a Home in Fort Pierre, SD

Fort Pierre, SD is seeing rapid growth and Fort Pierre, SD's' housing market remains optimal with an average home price that is -31% below the 2024 national average. Fort Pierre, SD is part of Stanley 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 Stanley is 1.09% which is above the national average, which is 0.99%.

Median Home Price in Fort Pierre, SD

Median Rent in Fort Pierre, SD

Rent to own homes offer low monthly payments and flexible terms.