Rent to own Homes in Jenks, OK
Built in 1904 around a weigh station for the railroad, Jenks is now one of the fastest growing cities in Oklahoma, with a population of around 16,000 and easy access to Tulsa. In downtown Jenks the past comes alive in antique shops and historically preserved architecture. But Jenks is contemporary as well, with trendy shopping, festivals featuring live music and local products, and scenic trails along the Arkansas River.
Jenks, OK is a great place for affordable rent-to-own homes! With a median household income of over $87,306 and a median rent of $1,272, the Jenks, OK 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 Jenks, OK. 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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Jenks, OK is seeing rapid growth and Jenks, OK's' housing market remains not optimal with an average home price that is 3% above the 2024 national average. Jenks, OK is part of Tulsa 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 Tulsa is 1.06% which is above the national average, which is 0.99%.
Median Home Price in Jenks, OK
Median Rent in Jenks, OK
Top 7 Reasons to Live in Jenks, Oklahoma
You can visit the Tulsa Aquarium! Learn about water-dwelling species from all over the world, with special emphasis on local aquatic wildlife. Walk through the shark tunnel, inches away from some of the deadliest creatures in the world. Afterward, you can dine at the Waterfront Grill overlooking the Arkansas River.
You can check out the RiverWalk Crossing, home to local retailers and Los Cabos Restaurant, where you can enjoy delicious Mexican cuisine indoors or out, with a spectacular view of the Arkansas River. The Crossing amphitheater is the venue for many free concerts each year.
There are hundreds of homes for sale in Jenks right now, all close to Interstate 44, Jenks' own Richard Lloyd Jones, Jr. Airport, and Tulsa. Now is an excellent time to buy: the median sales price for homes declined 12.6% in the last year, and interest rates are low too!
Jenks hosts two markets featuring local products! Jenks Saturday Market, open on 7th and Main Saturday mornings from May through early October, includes food trucks, live music, entertainment, and handicrafts. Main Street Farmers Market sells Oklahoma grown produce, including organic meats, every Saturday morning on East Main Street.
On Jenks' Main Street, you can shop for antiques in a period atmosphere. Some stores even have their original tin ceilings. Don't forget to check out the clock collection at Jenks Restaurant and Amazing Clocks!
Lots of homes for rent are available in Jenks! Many homes are conveniently south of the Creek Turnpike and east of the Okmulgee Bee Line Expressway. These include a few rent to own homes.
Jenks has great festivals! Most notable is the April Herb and Plant Festival, which attracts more than 1,000 visitors to more than 100 vendors of local plants, garden decorations. Newer festivals include Tulsa Craft Beer Week Festival, also in April, featuring Oklahoma's finest breweries, and the Jenks Food Truck Festival in May.