Rent to own Homes in West Memphis, AR
The largest city in Crittenden County, Arkansas, West Memphis offers the 26,000 residents of its city plenty to do on a daily basis. Sitting directly across the Mississippi river from Memphis, West Memphis occupies an area of 28.5 square miles. There is evidence that the area was inhabited for at least 10,000 years by Native American tribes, and in 1795, the Spanish established a settlement in what is now modern day West Memphis, giving the city a long history.
West Memphis, AR is a great place for affordable rent-to-own homes! With a median household income of over $32,601 and a median rent of $713, the West Memphis, AR 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 West Memphis, AR. 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 West Memphis, AR Property Resources
Rent to own Homes in Cities Near West Memphis, AR
- Anthonyville
- Bartlett
- Birdsong
- Bridgetown
- Clarkedale
- Cordova
- Crawfordsville
- Drummonds
- Earle
- Edmondson
- Eudora
- Frenchmans Bayou
- Germantown
- Gilmore
- Hernando
- Heth
- Horn Lake
- Horseshoe Lake
- Hughes
- Jennette
- Jericho
- Joiner
- Lake Cormorant
- Lakeview
- Lynchburg
- Marion
- Memphis
- Millington
- Nesbit
- Olive Branch
- Pleasant Hill
- Proctor
- Robinsonville
- Southaven
- Sunset
- Tunica Resorts
- Turrell
- Walls
- West Memphis
Neighborhoods in West Memphis, AR
Broadway District rent to own homes West Memphis rent to own homesPopular Zip Codes in West Memphis, AR
72301 rent to own homesBuying a Home in West Memphis, AR
West Memphis, AR is seeing rapid growth and West Memphis, AR's' housing market remains optimal with an average home price that is -60% below the 2025 national average. West Memphis, AR is part of Crittenden 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 2025 for county Crittenden is 0.58% which is below the national average, which is 0.99%.
Median Home Price in West Memphis, AR
Median Rent in West Memphis, AR
Top 6 Reasons to Live in West Memphis, Arkansas
Plenty of public parks for everyone to enjoy! Though the population of West Memphis is low by national standards, it is one of the larger cities in Arkansas and has plenty of parks located throughout for residents to enjoy. Out of the almost dozen parks in the city, Avondale Park is one notable for its relaxing scenery. If you are looking for athletic activities, the Tilden Rogers Sports Complex has much to offer in that department.
Lots of restaurants and shopping activity! When you are in West Memphis, you will quickly discover that the downtown area, referred to as Broadway, has plenty to offer all day long. In addition to the many restaurants and shops there, it hosts the city's Blues on Broadway event, where blues singers from around the country come to sing.
An affordable new home experience! If you are looking to buy property in West Memphis, the average cost of homes for sale is definitely below the national average, resting right around $107,000. That means you'll be able to easily find great homes in both the City Center and between Barton & Goodwin streets.
Renting is no problem either! If a rental house is more your speed, that can be accomplished as well. The average rental price for a unit in West Memphis is only $680, also below the national average. If you think you would like to transition from renting to home ownership slowly, you can always look for rent to own homes.
Get on board with gambling! There are only two cities in Arkansas where gambling is legal and West Memphis is one of them. The other city is Hot Springs, Arkansas. The Southland Greyhound Park is your first stop for this gambling excursion, and it's also the third largest employer in the city.
Historical trails to visit! The historic Butterfield Overland Mail Route runs through West Memphis. Additionally, the Trail of Tears is part of this area, and both locations are registered with the Arkansas Heritage Trails System.
