Rent to own Homes in Pascagoula, MS
The history of Pascagoula is a poignant one: the legend of the singing river tells of an entire people who waded to their deaths in the river rather than be enslaved by an enemy. Their chanting is still carried across the waters on still evenings, according to believers. The future of this place, however, is bright. Pascagoula, home of just over 22,000 people, is a pre-eminent Gulf Coast port with a major shipbuilding company and thriving international trade.
Pascagoula, MS is a great place for affordable rent-to-own homes! With a median household income of over $41,167 and a median rent of $760, the Pascagoula, 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 Pascagoula, 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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Pascagoula, MS is seeing rapid growth and Pascagoula, MS's' housing market remains optimal with an average home price that is -47% below the 2024 national average. Pascagoula, MS is part of Jackson 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 Jackson is 0.75% which is below the national average, which is 0.99%.
Median Home Price in Pascagoula, MS
Median Rent in Pascagoula, MS
Top 7 Reasons to Move to Pascagoula, MS
A town with history! It's actually hard to think of Pascagoula without thinking of Jimmy Buffett and humming the tune of The Pascagoula Run. He still calls Pascagoula home even though his family moved away before he even started school. Pirate Jean Lafitte and President Zachary Taylor both once called Pascagoula home. Music is alive and well at the Blues on the Beach concert series, and the MS Symphony gives regular performances.
Rebuilt and well designed! Pascagoula's real estate market is generally balanced and homes sell for close to asking price. If you want to rent to own, look for homes that have been recently rebuilt after the destruction of Hurricane Katrina. Once you have a place to live, weekend life can be whatever you want it to be. Head to Anchor Square to visit quaint local shops, or try your hand at pottery, jewelry making or sculpture at Arts on the Avenue.
Affordable rents! Rents have risen by 25 percent over the last three months or so, but are still substantially lower than the surrounding county and the rest of the state. Get out to enjoy nature at Riverfront Park, watch for water dependent species at Magnolia Birding Pier, or follow the trails at B.B. Jennings Park.
Maritime paradise! Learn to scuba dive at Round Island Divers and then check out the progress of restoration on Round Island Light, now occupying an inland location along Route 90.
Get fishy! Get your fishing gear, tackle and beach apparel from Reel Local, and then spend a day casting for the big one on a local charter boat. You can also head to the Scranton Shrimp Boat Museum to learn about life on a 70-foot shrimp boat.
Feeding time! Fresh catch is about as good as it gets in Pascagoula. Get just about any kind of fish exactly the way you like it at Off the Hook on Krebs Ave. Jacks by the Tracks has it all: a historic bar with cold beer and specialty cocktails, live music, Po-Boys, sushi, burgers and famous fish tacos.
Nature and crafts! October brings a popular outdoor arts and crafts festival to town. The rest of the year, enjoy the Scranton Nature Center at I.G. levy Park. Walk the two-mile track, explore the exhibits, see the live animals or just sit by the lake.