Rent to own Homes in Shawnee, OK
Shawnee is located in Pottawatomie County near Oklahoma City, the state's capital. It began its life as the homeland of a number of Native American tribes, including the Sac, Fox, Kickapoo, Shawnee and Potawatomi. Members of these tribes can still be found within the surrounding area. In 1871, a Quaker mission was established, a school was opened, and a post office, trading post and town soon followed. Shawnee is rich in history, but it also offers plenty of modern amenities.
Shawnee, OK is a great place for affordable rent-to-own homes! With a median household income of over $41,123 and a median rent of $707, the Shawnee, 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 Shawnee, 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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Shawnee, OK is seeing rapid growth and Shawnee, OK's' housing market remains optimal with an average home price that is -48% below the 2024 national average. Shawnee, OK is part of Pottawatomie 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 Pottawatomie is 0.63% which is below the national average, which is 0.99%.
Median Home Price in Shawnee, OK
Median Rent in Shawnee, OK
Top 6 Reasons to Live in Shawnee, OK
Small town charm and affordable residences! Outside of town there is an historical marker placed by Oklahoma Historical Society telling the story of Shawneetown, the original settlement in the community. By 1891, the present town was set off and, through its varied history, became a typical western town centered on Main Street U.S.A. The charm of the original Main Street can still be seen and felt in its historical buildings. Available homes in Shawnee are varied, but can consist of everything from rent to own houses to higher-end luxury condos, historical buildings and modern apartments. According to City-Data, mean housing values were $100,468 in 2012, and there was a mixture of single-family dwellings, townhouses, two-unit, three to four-unit, five or more unit buildings, as well as mobiles.
Dive into the past and celebrate the arts! Built in the 1800s, the Beard Cabin is a must-see historical structure within Shawnee. It was owned by one of the town's first founders, John Beard, and is a representation of a simple log western-style cabin. Another big attraction in town is the historic Ritz Theater, one of the oldest theaters in Oklahoma. The headquarters of Ritz Performing Arts Society, the theater produces a Native American Showcase and a USO-style Variety Show.
Visit the Citizen Potawatomi Nation! The federally-recognized government of the Potawatomi tribe, referred to as the Nation, is bounded by the South Canadian River, the Pottawatomie-Seminole County boundary, the Indian Meridian and the North Canadian River. Interestingly, the county name is spelled Pottawatomie. The Potawatomi operate two casinos within their tribal lands as well as restaurants and hotels, making it a popular destination for entertainment. Grand Casino Hotel and Resort is the major Potawatomi tourist attraction in the area.
Study at Oklahoma Baptist University or St. Gregory's University! With two local universities to select from, there is no need to do without skills training for a new career. Oklahoma Baptist University has nearly 2,000 students from 42 states and 30 countries, offering 10 bachelor's degrees in 86 areas of study with three master-level degrees available. St. Gregory's has a liberal arts curriculum, and offers nursing, traditional and adult degree programs.
Learn more about local ! The expo center provides on-site catering and concession services as well as dining/meeting/wedding venues, a dance floor, audiovisual equipment and professional staff. As the main conference venue in the area, the Expo has its finger on the pulse of business in Shawnee. Stop by the visitor's bureau to find out about local attractions, businesses, and all the current events in Shawnee.
Enjoy low property taxes! Median real estate property taxes paid for units with mortgages in 2012 was $879, according to City-Data. Not only is ample housing available, but the town has a thriving art scene and many special events. For example, the only Egyptian mummy in the state of Oklahoma resides at Mabee-Gerrer Museum of Art in Shawnee. While there, you can view Greek, Egyptian and Roman objects, as well as art and cultural artifacts. The Boo on Bell Fall Festival is a local favorite, falling on or near Halloween. Throughout the year, something special is always happening in Shawnee, contributing to a well-rounded lifestyle for residents.