Rent to own Homes in Greenville, MS
No matter whether you're ready to buy a house in Greenville or are seeking a rental property, you'll learn quickly after getting here that the city definitely lives up to its motto of being the heart and soul of the Delta. Nelson Street is a historic strip of blues clubs, right in the center of Greenville, that rivaled Beale Street in Memphis. It was popular with artists that played Delta blues, big band and jazz in the 1940s and 1950s, and it's still an amazing place to visit and get a feel for what those days must have been like. The Mississippi Blues Trail has a stop in Greenville, too, at the Southern Whispers Restaurant on Nelson Street. Even if you're not a history or music buff, Grenville has plenty to offer.
Greenville, MS is a great place for affordable rent-to-own homes! With a median household income of over $29,013 and a median rent of $720, the Greenville, 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 Greenville, 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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Greenville, MS is seeing rapid growth and Greenville, MS's' housing market remains optimal with an average home price that is -63% below the 2024 national average. Greenville, MS is part of Washington 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 Washington is 0.83% which is below the national average, which is 0.99%.
Median Home Price in Greenville, MS
Median Rent in Greenville, MS
Top 6 Reasons for Moving to Greenville
Low cost of living! Greenville boasts a cost of living that is 20% lower than the national average. While other people are paying an arm and a leg for their groceries, hamburgers and movie tickets, you'll be living the dream and pocketing all that extra cash for the fun adventures you want to embark on. Or, even better, invest it back into your home so that you feel even cozier in your new abode. Take advantage of some of the affordable things to do, like checking out the Baer House Inn or the beautiful and historic Glenwood Cemetery.
Plenty of affordable housing! Now is the time to start looking for homes for sale or rent to own homes in Greenville! There is a high vacancy rate and house prices are lower than other areas in Mississippi. Check out homes near Lake Ferguson so you can take advantage of the beautiful views, as well as the proximity to Arkansas and the Mississippi River!
Historical sites galore! Greenville has some stunning architectural and historical sites to visit that will make you feel glad to be living here. Cotton Row is a great example of gorgeous late 19th-century architecture and offers a glimpse into a different era. The First National Bank was the first federally chartered bank in this county, built in 1903. The Washington County Courthouse is another beautiful site to behold, made of 1800s brownstone.
Southern soul food! You can't really experience the south without dipping into the amazing food that is served down here. The community is very invested in its southern roots, which you'll find out in restaurants like Tabb's Bar-B-Que and Rivals Southern food.
Location, location, location! Greenville is located on the eastern bank of Lake Ferguson and has two floating casinos on a lake close to downtown, Harlow's and Trop Casino! It's the perfect southern location to call your new home.