Rent to own Homes in Overland, MO
Daniel Boone built a simple, single-room cabin near Lake Sherwood back in the 1820s. During that time, travelers would call this area the Overland Park as they traveled west out of St. Louis. In 1846, more people began settling in this area and the town slowly grew until its incorporation as a city in 1939. Present day Overland occupies a land area of approximately 4.4 square miles and holds a population of about 16,000.
Overland, MO is a great place for affordable rent-to-own homes! With a median household income of over $46,109 and a median rent of $1,002, the Overland, 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 Overland, 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 Overland, MO Property Resources
Rent to own Homes in Cities Near Overland, MO
- Affton
- Arnold
- Ballwin
- Bella Villa
- Bellerive
- Bel-Nor
- Berkeley
- Beverly Hills
- Bridgeton
- Byrnes Mill
- Calverton Park
- Champ
- Chesterfield
- Clarkson Valley
- Clayton
- Cottleville
- Country Life Acres
- Crestwood
- Crystal Lake Park
- Eureka
- Ferguson
- Flordell Hills
- Florissant
- Frontenac
- Glendale
- Glen Echo Park
- Green Park
- Hanley Hills
- Hazelwood
- High Ridge
- Hillsdale
- Huntleigh
- Imperial
- Kinloch
- Lakeshire
- Manchester
- Maryland Heights
- Normandy
- Oakland
- O'Fallon
- Olivette
- Overland
- Pagedale
- Peaceful Village
- Pine Lawn
- Portage Des Sioux
- Sycamore Hills
- University City
- Velda City
- Wellston
Neighborhoods in Overland, MO
Overland rent to own homesPopular Zip Codes in Overland, MO
63114 rent to own homesBuying a Home in Overland, MO
Overland, MO is seeing rapid growth and Overland, MO's' housing market remains optimal with an average home price that is -59% below the 2024 national average. Overland, MO is part of St. Louis 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 St. Louis is 1.25% which is above the national average, which is 0.99%.
Median Home Price in Overland, MO
Median Rent in Overland, MO
Top 5 Reasons to Live in Overland, Missouri
Live in an area full of history! Due to its historical significance, residents and tourists often enjoy visiting the Overland Park monument commemorating the humble beginnings of the city before anyone lived there full time. Overland is also home to the famous Gocke-Vance House, a fireproof home built based on plans by Frank Lloyd Wright.
Take in some fresh air at local parks! Overland has a lot to offer when it comes to natural beauty. With a variety of parks, many residents enjoy taking time to hike on a trail or get out and sit on a park bench for a while. Wild Acres Park offers secluded walking paths and a fishing lake, while Mort Jacobs Park gives residents tall trees and plenty of paths to explore.
Get on board with the buyer's market! Right now, it is definitely a buyer's market in Overland, Missouri. When it comes to homes for sale, the average price is much less than you would pay elsewhere in the country, especially for comparable housing options. If you're not sure you want to buy, there are some great rent to own homes on the market as well. The Lackland Rd/Flora Ave neighborhood offers some of the best prices around, whereas those seeking a bit larger properties often search around Hurstgreen Ave/Page Ave.
Plenty of apartment vacancies! In addition to the low price of homes for sale, new residents can also find that there are plenty of affordable apartments available for rent. These are also below the national average. The lowest prices on rental units are usually found at the Ashby Square Apartments complex. If you're looking for slightly larger units, Meadowbrook Apartments & Townhomes has quite a variety to choose from.
Join in the community events! One advantage of living in a smaller city is that the community really makes the area come alive. The Overland Farmers Market always has live entertainment in addition to the freshest foods available for sale. Additionally, the city organizes plenty of volunteer opportunities, such as joining in as part of the beautification committee.