Rent to own Homes in Sullivan, MO
Sullivan, MO is a great place for affordable rent-to-own homes! With a median household income of over $46,027 and a median rent of $725, the Sullivan, 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 Sullivan, 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 Sullivan, MO Property Resources
Rent to own Homes in Cities Near Sullivan, MO
- Belgrade
- Belleview
- Bismarck
- Blackwell
- Bonne Terre
- Briarwood Estates
- Byrnes Mill
- Cadet
- Caledonia
- Catawissa
- Cedar Hill
- Cedar Hill Lakes
- Crystal City
- Desloge
- De Soto
- Dittmer
- Festus
- Fletcher
- Frankclay
- French Village
- Grubville
- Herculaneum
- Hillsboro
- Horine
- House Springs
- Irondale
- LaBarque Creek
- Lake St Clair
- Lake Tekakwitha
- Lake Timberline
- Leadington
- Leadwood
- Lonedell
- Luebbering
- Mineral Point
- Olympian Village
- Park Hills
- Parkway
- Pevely
- Potosi
- Raintree Plantation
- Richwoods
- Robertsville
- Scotsdale
- St. Clair
- Summer Set
- Terre du Lac
- Valles Mines
- Wortham
Neighborhoods in Sullivan, MO
No neighborhoods foundPopular Zip Codes in Sullivan, MO
No zip codes foundBuying a Home in Sullivan, MO
Sullivan, MO is seeing rapid growth and Sullivan, MO's' housing market remains optimal with an average home price that is -48% below the 2024 national average. Sullivan, MO is part of Franklin 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 Franklin is 0.85% which is below the national average, which is 0.99%.