Rent to own Homes in Columbus, MS
Founded by the Choctaw English interpreter John Pitchlynn, Columbus is situated above the Tombigbee River in northeast Mississippi. During the Civil War, the area served as a hospital town and provided canons, gunpowder and handguns from a local arsenal. The history of the community would provide ample fodder for famous playwright and resident Tennessee Williams, whose birthplace now serves as the town's welcome center.
Columbus, MS is a great place for affordable rent-to-own homes! With a median household income of over $34,551 and a median rent of $799, the Columbus, MS 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 Columbus, MS. 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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Rent to own Homes in Cities Near Columbus, MS
Neighborhoods in Columbus, MS
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Columbus, MS is seeing rapid growth and Columbus, MS's' housing market remains optimal with an average home price that is -47% below the 2024 national average. Columbus, MS is part of Lowndes 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 Lowndes is 0.61% which is below the national average, which is 0.99%.
Median Home Price in Columbus, MS
Median Rent in Columbus, MS
7 Reasons to Move to Columbus, MS
Valuable homes at low costs! Property in Columbus is quite affordable. Large single-family rent to own homes are found near Jackson Circle and Boyd Road, where median prices are $163,637, less expensive than 50.5 percent of neighborhoods nationwide. The area boasts proximity to Thai by Thai, a favorite for their inspired Pad Thai and fresh Sam Tum papaya salad.
Take in a live set! Locals can catch their favorite live bands at The Princess Theatre, serving up great craft brew and pizza while the talent entertains a packed house. The Elbow Room pours a mean pint while also hosting bands and open mic nights for aspiring musicians.
Affordable lakeside living! The City Center community offers exciting abodes that surround Columbus Lake for a pittance. Rental prices here are $469 per month, on average and allow folks in the neighborhood to take advantage of the recreation opportunities the area affords.
Sip on espresso-dosed beverage! Columbus boasts a handful of unique family-owned coffee joints. Coffee House On 5th offers incredible caffeine-laden cups of joy to accompany their cozy atmosphere and delectable pastry selection. Beans and Cream, across town, offers the same comfortable confines, great lattes and even has ice cream.
Indulge in delicious southern fare! Take advantage of local delicacies at hot spots like Bob Roberts BBQ, serving ribs, brisket, and home style sides. Or, snag a table at Huck's Place and chose from outstanding shrimp and grits, gumbo, and grilled grouper with a crawfish sauce, to name a few.
Spend a day on the greens! When the weather beckons, drive your cart around 18 holes that offer a variety of challenge. Beginners and avid golfers alike will find something at area courses like Green Oaks and Whispering Pines Golf Clubs.
Stroll the nature trails! Sneak a peek at local wildlife or hike through forest preserves at nearby Opossum Trail. Bikes and kayaks are also welcome and residents can traverse the waterways at the Dewayne Hayes Recreation Area.