Rent to own Homes in Sikeston, MO
Founded in 1860, Sikeston, Missouri, named for John Sikes, quickly became an integral location in the Civil War. Even though it was little more than a small village at the time, it was strategically located along the railroad lines. General Grant even ordered his men to take the now densely populated city. Although, this type of excitement has diminished considerably, little things, like the opening of the first Wal-Mart outside Arkansas, spice things up occasionally.
Sikeston, MO is a great place for affordable rent-to-own homes! With a median household income of over $42,702 and a median rent of $730, the Sikeston, 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 Sikeston, 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 Sikeston, MO Property Resources
Rent to own Homes in Cities Near Sikeston, MO
- Anniston
- Baker
- Bell City
- Benton
- Bertrand
- Blodgett
- Bloomfield
- Canalou
- Cape Girardeau
- Catron
- Chaffee
- Charleston
- Commerce
- Delta
- Dexter
- Diehlstadt
- Dutchtown
- East Prairie
- Essex
- Grayridge
- Haywood City
- Howardville
- Kelso
- Lambert
- Lilbourn
- Matthews
- Miller City
- Miner
- Morehouse
- Morley
- New Hamburg
- New Madrid
- North Lilbourn
- Olive Branch
- Oran
- Parma
- Penermon
- Perkins
- Pinhook
- Scott City
- Sikeston
- Thebes
- Vanduser
- Whiting
Neighborhoods in Sikeston, MO
No neighborhoods foundPopular Zip Codes in Sikeston, MO
63801 rent to own homesBuying a Home in Sikeston, MO
Sikeston, MO is seeing rapid growth and Sikeston, MO's' housing market remains optimal with an average home price that is -40% below the 2024 national average. Sikeston, MO is part of Scott 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 Scott is 0.63% which is below the national average, which is 0.99%.
Median Home Price in Sikeston, MO
Median Rent in Sikeston, MO
Top 4 Reasons to Live in Sikeston, MO
Affordable area to buy a home! If you're looking for a great investment, a low mortgage or affordable rent to own houses, Sikeston is definitely the place to go. The average home price in the area is over 40 percent lower than the national average. Surprisingly, this isn't because of a terrible market in the city. In fact, the growth in housing values in the city over the past decade has been over 18 percent, slightly higher than the 13 percent national average. With these types of savings, you could go nuts at the River Birch Mall. If you prefer a more American Pickers type of experience, the Sikeston Trade Fair Flea Market is always an option. Either way, the money you save on housing should go a long way.
Variety of things to keep everyone preoccupied! Sikeston is home to a seemingly never-ending array of exciting activities. The city hosts the Sikeston Jaycee Bootheel Rodeo, one of the largest rodeos in America. Residents enjoy being part of the action at the Paintball Planet, open throughout the year. Too much excitement? If you're more interested in culture and history, check out The Sikeston Depot, which serves as a cultural center and museum or the nearby Hunter Dawson Historic Site. The site's Bootheel Mansion provides a glimpse into life in Sikeston in the 19th century.
Incredibly low property taxes! Cities with low housing prices often inflate property taxes to bring in revenue, but Sikeston doesn't go this route. In fact, the taxes in the area are 42 percent lower than America's average. Whether you live at the intersection of Interstate 55 and Interstate 57 or further north around the Southeast Missouri State University, you'll pay less in taxes than the majority of your fellow Americans.
Restaurants for every craving! For the American traditional dinner, with country-fried steaks and turnip greens, check out Lambert's Cafe. This place is always packed so make sure you get there early to try one of their famous dinner rolls. For Mexican food, try El Tapatio Mexican on Malone Avenue. The chicken and steak fajitas go really well with a margarita.