Rent to own Homes in Southaven, MS

Shopping is easy here! Southaven Towne Center, a collection of more than forty shops, is located approximately six miles south of Memphis, Tennessee. The Town Square at Snowden Grove is the place to go for local boutiques.

Southaven, MS is a great place for affordable rent-to-own homes! With a median household income of over $63,321 and a median rent of $1,055, the Southaven, 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 Southaven, 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.

Check out Southaven, MS rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
4313 MORGAN CV
Rent To Own
Olive Branch
Single Family Home
Olive Branch, MS 38654
4
2
2335 ft2
1995
4886 Bilco Rd
Rent To Own
Coro Lake Property Owners Association
Single Family Home
Memphis, TN 38109
5
3
0 ft2
1960
4071 CAROLYN MITCHELL DR
Rent To Own
Olive Branch
Single Family Home
Olive Branch, MS 38654
5
3
2750 ft2
2018
6618 Chesapeake Dr
Rent To Own
 
Single Family Home
Memphis, TN 38122
3
2
1344 ft2
4562 QUINCE RD
Rent To Own
Colonial Acres Neighborhood Association
Single Family Home
Memphis, TN 38117
3
1
1006 ft2
1952
6040 SYON CV
Rent To Own
Balmoral Residents Association
Single Family Home
Memphis, TN 38119
4
3
2626 ft2
1971
7894 STATE LINE RD
Rent To Own
Lake Village Homeowners Association
Single Family Home
Memphis, TN 38125
3
3
1856 ft2
1962
5330 LAURIE LN
Rent To Own
White Station -Yates Neighborhood Association
Single Family Home
Memphis, TN 38120
4
1
2026 ft2
1955
4036 S WALNUT GROVE CIR
Rent To Own
Pidgeon Estates
Single Family Home
Memphis, TN 38117
3
2
2237 ft2
1950
5657 NORMANDY PL
Rent To Own
Sylvan Hills
Single Family Home
Memphis, TN 38120
3
3
2600 ft2
1961
3630 CRESTWYN DR
Rent To Own
Lakes of Forest Hill
Single Family Home
Germantown, TN 38138
4
4
2803 ft2
1972
Hot
4048 WARD AVE
Rent To Own
Jackson
Single Family Home
Memphis, TN 38108
2
1
715 ft2
1951
Hot
8074 S REGIS PL
Rent To Own
Alliance of Cordova Neighborhoods
Single Family Home
Cordova, TN 38018
4
2
1944 ft2
1981
3646 HAUGHTON LN #1
Rent To Own
Lantern Square Apartments
Townhouse/Condo
Memphis, TN 38128
3
3
1626 ft2
1974
New
3419 MOUNTAIN TERRACE ST
Rent To Own
Alta Vista Neighborhood Association
Single Family Home
Memphis, TN 38127
4
2
1323 ft2
1961
6861 CORAL HILL DR
Rent To Own
Easthill
Single Family Home
Bartlett, TN 38135
3
2
1541 ft2
1978
3210 GETWELL LN
Rent to Own Eligible
Southaven
Single Family Home
Olive Branch, MS 38654
3
2
2600 ft2
1987
7780 CHESTERFIELD DR S
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38671
3
2
1666 ft2
1999
4616 ALDEN LAKE DR E
Rent to Own Eligible
Horn Lake
Single Family Home
Horn Lake, MS 38637
3
2
2274 ft2
1998
2700 ANTHONY CV
Rent to Own Eligible
 
Single Family Home
Nesbit, MS 38651
3
2
2332 ft2
1993
3766 CONRAIL CIR
Rent to Own Eligible
Horn Lake
Single Family Home
Horn Lake, MS 38637
3
2
1264 ft2
2003
New
3135 VINEYARD DR S
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38672
4
2
2343 ft2
2014
4495 GLENLEIGH CIR
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38671
3
2
1827 ft2
1999
New
4610 DOGWOOD MEADOWS CV
Rent to Own Eligible
Horn Lake
Single Family Home
Horn Lake, MS 38637
3
3
2225 ft2
1968
1 of 25 6780 BEAUMONT CIR
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38671
3
3
1650 ft2
1998
3298 FOREST BEND DR
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38672
4
3
2344 ft2
2006
1612 MADISON CV W
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38671
3
2
1777 ft2
2006
3530 CHAMPION HILLS DR
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38672
4
2
2021 ft2
2015
3530 CARROLL DR
Rent to Own Eligible
Horn Lake
Single Family Home
Horn Lake, MS 38637
4
2
1830 ft2
1985
New
1980 RAPIER DR
Rent to Own Eligible
Horn Lake
Single Family Home
Horn Lake, MS 38637
3
2
1733 ft2
1980
New
1191 CUSTER DR E
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38671
3
2
1761 ft2
1998
New
1 of 91 8043 CREEKWOOD CIR E
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38671
3
2
1135 ft2
1990
2807 BAIRD DR
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38672
3
2
1944 ft2
2002
2613 RASCO ROAD EXT
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38672
5
3
2459 ft2
2003
7276 MADELYN CV
Rent to Own Eligible
Horn Lake
Single Family Home
Horn Lake, MS 38637
3
3
1315 ft2
2002
809 OLD FORGE RD
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38671
3
2
1268 ft2
1974
1914 COLONIAL HILLS DR
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38671
3
2
1100 ft2
2000
2035 GREENCLIFF DR
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38672
3
3
1800 ft2
1997
New
7730 WOODRIDGE DR W
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38672
3
2
1955 ft2
2013
1 of 20 9092 WHITWORTH ST
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38671
3
1
1335 ft2
1961
New
2931 CHATTERING LN
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38672
3
2
2334 ft2
2017
New
7377 OVERLOOK DR
Rent to Own Eligible
Southaven
Single Family Home
Southaven, MS 38671
3
2
1500 ft2
1990
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Popular Zip Codes in Southaven, MS

38671 rent to own homes 38672 rent to own homes

Buying a Home in Southaven, MS

Southaven, MS is seeing rapid growth and Southaven, MS's' housing market remains optimal with an average home price that is -26% below the 2024 national average. Southaven, MS is part of DeSoto 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 DeSoto is 0.7% which is below the national average, which is 0.99%.

Median Home Price in Southaven, MS

Median Rent in Southaven, MS

Rent to own homes offer low monthly payments and flexible terms.

Top 10 Reasons to Live in Southaven

Plenty of dining options! Lonnie Tant's and Maria's Cantina are two great food choices, according to locals. Whatever you feel like, there is sure to be a restaurant downtown that will please your palate.

A strong rental market! NorthCreek Apartments are just outside of town in a nice, woodsy setting. Rocky Creek Apartments are also along a nice stretch of road that is not too far from the basic necessities. Locating suitable rent to own apartments or rent to own homes in Southaven is not difficult since 28% of residents rent, and amenities are relatively close to all of the distinct neighborhoods.

Diverse neighborhoods! Horn Lake and Whitehaven are two neighborhoods within Southaven. Horn Lake, as the name suggests, is a small subdivision situated around a small lake which offers fishing and other water activities during the warm, summer months.

Close to Memphis! Although Southaven is located in Mississippi, it is considered a suburb of Memphis, Tennessee. The population has more than doubled since the 2000 census put the population at 28,977. The 2010 census population is 48,982, making this city the fourth largest in the state.

Commuting and renting go hand in hand! Southaven is very near to Memphis, Tennessee, as well as Olive Branch and Hernando, Mississippi. Commuting between the states is done via the I-55 and is rather painless, even during the morning and afternoon commutes. Even better, rental prices nearest I-55 tend to be the lowest, ranging from $298 to $381 per bedroom, while rent to own houses in other parts of town -- most notably in the extreme southern tip -- can reach as high as $433 per bedroom.

Pleasant

weather! The summer temps peak in July with temperatures into the upper 80s. Cool off by visiting one of the area's many lakes, such as Horn Lake, Lake McKellar or Horseshoe Lake. Winter temperatures rarely dip below freezing, with the chilliest January days hovering around the mid 30s.

Enjoy the outdoors! Swinnea Park provides a getaway from the hustle and bustle of the city and a return to nature, as does Southern Pines Park. Enjoy taking a walk through one of the many trails through the woods or simply have a picnic on a blanket near the water.

Events throughout the year! SpringFest is one of the city's many annual events, as is the always enjoyable Mississippi State Barbecue Cookoff Championship. There is also an annual Easter egg hunt for children of all ages to take part in the Easter celebration.

Rising home values! Home values in Southaven have steadily risen 3.5% year after year and is currently $150,000, with the average listing price of homes holding at a steady $192,693.