Rent to own Homes in Joplin, MO
Affordable Cost of Living! It costs 18.3% less on average to live in Joplin than the rest of the country. Affordable houses for sale as well as rent to own and rental homes provide added value. Look at the Oakland Park or Grand Fall Plaza areas for some deals.
Joplin, MO is a great place for affordable rent-to-own homes! With a median household income of over $45,091 and a median rent of $774, the Joplin, MO 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 Joplin, MO. 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 Joplin, MO Property Resources
Rent to own Homes in Cities Near Joplin, MO
- Airport Drive
- Alba
- Asbury
- Baxter Springs
- Brooklyn Heights
- Cardin
- Carl Junction
- Carterville
- Carthage
- Carytown
- Chicopee
- Cliff Village
- Columbus
- Dennis Acres
- Diamond
- Duenweg
- Duquesne
- Fidelity
- Galena
- Goodman
- Granby
- Grand Falls Plaza
- Jasper
- Joplin
- Leawood
- Loma Linda
- Lowell
- Miami
- Neck City
- Neosho
- Opolis
- Oronogo
- Peoria
- Picher
- Pittsburg
- Purcell
- Quapaw
- Redings Mill
- Reeds
- Ritchey
- Riverton
- Scammon
- Seneca
- Shoal Creek Drive
- Shoal Creek Estates
- Silver Creek
- Treece
- Waco
- Webb City
- Weir
Neighborhoods in Joplin, MO
College Skyline rent to own homesPopular Zip Codes in Joplin, MO
64802 rent to own homes 64803 rent to own homes 64801 rent to own homes 64804 rent to own homesBuying a Home in Joplin, MO
Joplin, MO is seeing rapid growth and Joplin, MO's' housing market remains optimal with an average home price that is -42% below the 2024 national average. Joplin, MO is part of Jasper 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 Jasper is 0.73% which is below the national average, which is 0.99%.
Median Home Price in Joplin, MO
Median Rent in Joplin, MO
Top 11 Reasons to Live in Joplin
Great Local Cuisine! With such a variety of great restaurants to choose from, there's sure to be something delicious to eat in your new neighborhood. To wow someone on a special occasion, check out the high quality steaks and seafood at Wilder's Steakhouse. When you're craving fresh sushi and other Japanese delights, stop by Ichiban Sushi.
Get Out and Enjoy the Fresh Air! The Joplin community contains many bike and walking trails. The Frisco Greenway Trail offers scenic woodland views and an easy 4 mile bike ride or hike. The 16-mile Ruby Jack Trail covers a range of scenery, including farmland and woods.
Increasing Home Values! While homes for sale and rent to own houses are still quite affordable, home values are rising at an average of 3.95% per year. This means your new Joplin home will likely rise in value, becoming a valuable investment in your future. The vibrant Iron Gates and Oakland Park neighborhoods are becoming especially popular.
Fun Annual Events! With a fun-filled calendar year-round, your household will never run out of things to do in Joplin. Highlights include the annual Joplin Holiday Experience providing a full month of fun holiday activities, and the Joplin Memorial Run each May.
Give in to Your Sweet Tooth! No matter how cozy you're feeling in your new home, delicious dessert is always worth venturing out for. Try the hand-dipped, gourmet chocolates at Candy House or a fresh, tasty cupcake at Smallcakes.
Spend Less Time Commuting! The average work commute for Joplin residents is only 17 minutes. This is much lower than the national average of 25.5 minutes. This translates to much more time per week for enjoying your new house and all that Joplin has to offer. Take advantage of this extra time by visiting Route 66 Carousel Park or Grand Falls.
Charming Older Homes! For those with a taste for older character in a home, Joplin has many charming historic and vintage homes. These include homes for sale by owner, as well as options for rent or rent to own homes. Check out the beautiful Roanoke neighborhood, or picturesque Main Street.
Find a Great New Job! The unemployment rate in Joplin is only 6.3% with consistently positive growth. Finding a house or apartment near Main St. or E. 32nd St. will put you near some great employers.
A Good Mix of Owner-Occupied and Rental Homes! Whether you are looking for houses for rent or rent to town, or to buy your own home, you will be in good company and have many options. In Joplin, 57.21% of homes are owner-occupied and 42.8% are renter-occupied, striking a nice balance between the two. You can find some good places on City Center or Connecticut Ave.
Shop to Your Heart's Content! Joplin offers a great mix of vintage and new shopping options. No matter where you live, there's likely a cool resell shop or sparkling, modern shopping mall close to your house. For retro finds, scope out Red Racks Thrift Store. When you're in the mood for great mall shopping, check out the Northpark Mall.