Rent to own Homes in Mercer, MO

Mercer, MO is a great place for affordable rent-to-own homes! With a median household income of over $29,083 and a median rent of $332, the Mercer, 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 Mercer, 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.

Check out Mercer, MO rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 21 of 21
New
630 E 8TH ST
Auction
 
Single Family Home
Lineville, IA 50147
3
2
2814 ft2
2001
Hot
17890 320TH AVE
REO Foreclosure
 
Single Family Home
Garden Grove, IA 50103
2
2
1188 ft2
1999
19318 300TH ST
Auction
 
Single Family Home
Davis City, IA 50065
3
2
1188 ft2
201 N EAST ST
REO Foreclosure
 
Single Family Home
Corydon, IA 50060
3
1
1408 ft2
1930
419 E ANTHONY ST
REO Foreclosure
 
Single Family Home
Corydon, IA 50060
2
1
720 ft2
1952
New
103 WAYNE ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Humeston, IA 50123
3
2
1632 ft2
1961
1 of 11 605 N EATON AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Humeston, IA 50123
2
1
1024 ft2
1900
1807 PRINCETON RD
Auction
 
Single Family Home
Trenton, MO 64683
1
2
1512 ft2
1930
New
1226 LAKE MANOR DR
Auction
 
Single Family Home
Trenton, MO 64683
5
3
2632 ft2
1970
Hot
313 N 4TH ST
REO Foreclosure
 
Single Family Home
Seymour, IA 52590
4
2
1560 ft2
1900
1 of 11 313 E WALL ST
Auction
 
Single Family Home
Seymour, IA 52590
5
2
2786 ft2
1900
102 S VINE ST
Pre-Foreclosure (NOD)
 
Single Family Home
Milan, MO 63556
3
1
1120 ft2
1976
907 JOHNSON ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Lineville, IA 50147
2
2
1152 ft2
1977
New
219 N EATON AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Humeston, IA 50123
3
1
1148 ft2
1920
1 of 5 509 E 8TH CT
Auction
 
Single Family Home
Trenton, MO 64683
0
1
1472 ft2
1900
New
1 of 4 601 WIGGINS ST
Auction
 
Single Family Home
Trenton, MO 64683
0
1
1120 ft2
1940
230 N STATE ST
Auction
 
Single Family Home
Milan, MO 63556
2
0
976 ft2
1910
308 W 3RD ST
REO Foreclosure
 
Single Family Home
Milan, MO 63556
1
0
722 ft2
1885
910 CEDAR ST
Pre-Foreclosure (NOD)
 
Single Family Home
Milan, MO 63556
3
0
1260 ft2
1973
New
17505 270TH AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Leon, IA 50144
0
0
0 ft2
New
401 LITTON ST
Auction
 
Single Family Home
Galt, MO 64641
3
0
1408 ft2
1914
Map
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Buying a Home in Mercer, MO

Mercer, MO is seeing rapid growth and Mercer, MO's' housing market remains optimal with an average home price that is -67% below the 2024 national average. Mercer, MO is part of Mercer 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 Mercer is 0.83% which is below the national average, which is 0.99%.

Median Home Price in Mercer, MO

Median Rent in Mercer, MO

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