Rent to own Homes in Moberly, MO
Moberly was founded in 1866 and named after its original settler, Colonel William E. Moberly. The city was incorporated only two years later, and though it started out slowly, it has since developed into a notable small town community. Part of Randolph County, Missouri, Moberly covers a land area of just over 12.25 square miles. According to the most recent census data, it has a population of 13,974 residents, which is slowly growing.
Moberly, MO is a great place for affordable rent-to-own homes! With a median household income of over $39,327 and a median rent of $665, the Moberly, 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 Moberly, 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.
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Moberly, MO is seeing rapid growth and Moberly, MO's' housing market remains optimal with an average home price that is -53% below the 2024 national average. Moberly, MO is part of Randolph 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 Randolph is 0.83% which is below the national average, which is 0.99%.
Median Home Price in Moberly, MO
Median Rent in Moberly, MO
7 Reasons to Live in Moberly, MO
Affordable real estate prices! Finding well-priced homes for sale in Moberly is a simple task. The average price of houses in the city is nearly half the Missouri state average. Jacksonville/Cairo is one neighborhood to check out if you want to take advantage of these prices. If you want something more lavish, Urbandale is the neighborhood to explore. In either case, there are also rent to own homes available.
Rentals are very inexpensive! In addition to homes for rent, there are a variety of great apartment complexes in the city. Like the houses, the rental price tends to be lower than the Missouri average. Sherwood Glen Apartments is one popular complex to explore. Alternatively, Moberly Plaza Apartments is also very affordable.
Check out the local parks! The largest park in the city is Rothwell Park, a beautiful place to go for a hike or simply take the time to relax out in nature. Lion's Beuth Park is another great local area to explore and receives support from the local Lion's Club to keep it maintained year-round.
Plenty of chances to stay active! For those who have a desire to maintain a healthy lifestyle, there are a variety of gyms and fitness clubs in the area. La-Vie Fitness Club is a great place for those just looking to stay active. Alternative, Moberly Martial Arts offers a place to improve your skills while staying fit.
Treat yourself! Whether you have a special occasion or simply want to look your best, Angel Cyna Nails is a great and affordable place to get your nails done. When you need that new haircut, the Salon Bourgeois is the perfect place to go.
Play a few holes! For those with an interest in golf, the city is home to a few different attractive golf courses, each offering a unique play through. The Moberly Country Club is one of the more popular destinations. Heritage Hills Golf Course is another great place to check out.
Taste the delicious food! If you're looking for that small-town restaurant, you should check out The Southern Yankee. Should you want to grab some drinks as well, Lula's Tavern may be the place to go instead.