What makes a the U.S. rent-to-own market 'cheap'?

Low estimated monthly payment relative to local incomes. Sub-$1,500/month markets are the most accessible.

Are option fees included?

We assume 10% option fee credited toward purchase; the monthly payment estimate excludes that up-front amount.

Does this guarantee a home at this price?

No. Listings vary; this is a market-level estimate to compare cities side-by-side.

Buyer authority

Cheapest rent-to-own markets

Rent-to-own works best where monthly carrying costs are reachable on a typical household income. This ranks the U.S. by estimated monthly payment on a median-priced home with a 10% option fee.

Last updated November 2026

Top 25 nationally

#	City	State	Est. monthly payment	Score
1	Yazoo City	MS	$810/mo	100	View →
2	Magnolia	MS	$810/mo	100	View →
3	Lexington	MS	$802/mo	100	View →
4	Keyser	WV	$786/mo	100	View →
5	Clarksdale	MS	$850/mo	99	View →
6	Booneville	MS	$842/mo	99	View →
7	Louisville	MS	$842/mo	99	View →
8	Collins	MS	$818/mo	99	View →
9	Lumberton	MS	$834/mo	99	View →
10	Winona	MS	$842/mo	99	View →
11	Bluefield	WV	$818/mo	99	View →
12	Elkins	WV	$842/mo	99	View →
13	Oak Hill	WV	$818/mo	99	View →
14	Grafton	WV	$818/mo	99	View →
15	Weston	WV	$818/mo	99	View →
16	Chapmanville	WV	$834/mo	99	View →
17	Point Pleasant	WV	$826/mo	99	View →
18	Brookhaven	MS	$882/mo	98	View →
19	Mccomb	MS	$866/mo	98	View →
20	Columbia	MS	$866/mo	98	View →
21	Cleveland	MS	$874/mo	98	View →
22	Holly Springs	MS	$882/mo	98	View →
23	Carthage	MS	$874/mo	98	View →
24	West Point	MS	$882/mo	98	View →
25	Bay Saint Louis	MS	$882/mo	98	View →

By state

Top picks within each state. Click through for the full state-level ranking.

Alabama

1. Evergreen$1,027/mo
2. Haleyville$1,091/mo
3. Monroeville$1,091/mo

Full AL ranking

Alaska

1. Jber$2,526/mo
2. Homer$2,647/mo
3. Ketchikan$2,960/mo

Full AK ranking

Arizona

1. Ganado$1,893/mo
2. Eloy$1,997/mo
3. Golden Valley$1,997/mo

Full AZ ranking

Arkansas

1. Newport$938/mo
2. Trumann$946/mo
3. Mountain View$954/mo

Full AR ranking

California

1. Mendota$3,401/mo
2. Earlimart$3,401/mo
3. Mecca$3,425/mo

Full CA ranking

Colorado

1. Clifton$2,711/mo
2. Lamar$2,727/mo
3. La Junta$2,743/mo

Full CO ranking

Connecticut

1. Willimantic$2,037/mo
2. Waterbury$2,374/mo
3. Putnam$2,358/mo

Full CT ranking

Delaware

1. Harrington$2,077/mo
2. Seaford$2,133/mo
3. Laurel$2,117/mo

Full DE ranking

Florida

1. Pahokee$1,821/mo
2. Interlachen$1,893/mo
3. Old Town$1,885/mo

Full FL ranking

Georgia

1. Pelham$1,516/mo
2. Mc Rae$1,548/mo
3. Sparta$1,524/mo

Full GA ranking

Hawaii

1. Pahoa$4,050/mo
2. Honolulu$9,063/mo
3. Waipahu$8,686/mo

Full HI ranking

Idaho

1. Payette$2,238/mo
2. Jerome$2,318/mo
3. Bonners Ferry$2,406/mo

Full ID ranking

Illinois

1. East Saint Louis$1,315/mo
2. North Chicago$1,315/mo
3. Macomb$1,363/mo

Full IL ranking

Indiana

1. Connersville$1,211/mo
2. Clarksville$1,235/mo
3. Portland$1,235/mo

Full IN ranking

Iowa

1. Keokuk$1,091/mo
2. Charles City$1,163/mo
3. Maquoketa$1,163/mo

Full IA ranking

Kansas

1. Fort Riley$1,123/mo
2. Parsons$1,163/mo
3. Coffeyville$1,155/mo

Full KS ranking

Kentucky

1. Manchester$970/mo
2. Middlesboro$962/mo
3. Barbourville$970/mo

Full KY ranking

Louisiana

1. Tallulah$914/mo
2. Ferriday$922/mo
3. Bastrop$954/mo

Full LA ranking

Maine

1. Houlton$1,965/mo
2. Old Town$1,965/mo
3. Belfast$1,989/mo

Full ME ranking

Maryland

1. Princess Anne$2,101/mo
2. Frostburg$2,214/mo
3. Brooklyn$2,366/mo

Full MD ranking

Massachusetts

1. Indian Orchard$2,944/mo
2. Roxbury$3,000/mo
3. Roxbury Crossing$3,112/mo

Full MA ranking

Michigan

1. Harrison$1,131/mo
2. River Rouge$1,107/mo
3. Hazel Park$1,163/mo

Full MI ranking

Minnesota

1. Virginia$1,644/mo
2. Hibbing$1,765/mo
3. Park Rapids$1,893/mo

Full MN ranking

Mississippi

1. Yazoo City$810/mo
2. Magnolia$810/mo
3. Lexington$802/mo

Full MS ranking

Missouri

1. Mountain Grove$1,131/mo
2. Doniphan$1,155/mo
3. Ava$1,139/mo

Full MO ranking

Montana

1. Browning$2,190/mo
2. Libby$2,374/mo
3. Hamilton$2,470/mo

Full MT ranking

Nebraska

1. Lexington$1,219/mo
2. South Sioux City$1,275/mo
3. Scottsbluff$1,315/mo

Full NE ranking

Nevada

1. Sun Valley$2,366/mo
2. Yerington$2,382/mo
3. Laughlin$2,366/mo

Full NV ranking

New Hampshire

1. Berlin$2,406/mo
2. Franklin$2,534/mo
3. Claremont$2,607/mo

Full NH ranking

New Jersey

1. Camden$2,647/mo
2. Pleasantville$2,687/mo
3. Atlantic City$2,815/mo

Full NJ ranking

New Mexico

1. Sunland Park$1,372/mo
2. Anthony$1,476/mo
3. Chaparral$1,452/mo

Full NM ranking

New York

1. Monticello$2,214/mo
2. Herkimer$2,390/mo
3. Dunkirk$2,398/mo

Full NY ranking

North Carolina

1. Maxton$1,492/mo
2. Fairmont$1,540/mo
3. Cherokee$1,524/mo

Full NC ranking

North Dakota

1. Jamestown$1,652/mo
2. Devils Lake$1,636/mo
3. Grand Forks$1,740/mo

Full ND ranking

Ohio

1. Uhrichsville$1,091/mo
2. Maple Heights$1,131/mo
3. Caldwell$1,131/mo

Full OH ranking

Oklahoma

1. Stilwell$938/mo
2. Idabel$946/mo
3. Okmulgee$979/mo

Full OK ranking

Oregon

1. La Pine$2,310/mo
2. Ontario$2,366/mo
3. Prineville$2,366/mo

Full OR ranking

Pennsylvania

1. Braddock$1,211/mo
2. Mount Carmel$1,307/mo
3. Sharon$1,331/mo

Full PA ranking

Puerto Rico

1. San Sebastian$1,548/mo
2. Lares$1,548/mo
3. Lajas$1,548/mo

Full PR ranking

Rhode Island

1. Central Falls$2,190/mo
2. East Providence$2,494/mo
3. Woonsocket$2,655/mo

Full RI ranking

South Carolina

1. Latta$1,339/mo
2. Bishopville$1,372/mo
3. Pageland$1,363/mo

Full SC ranking

South Dakota

1. Vermillion$1,476/mo
2. Sturgis$1,564/mo
3. Belle Fourche$1,580/mo

Full SD ranking

Tennessee

1. Newport$1,508/mo
2. La Follette$1,492/mo
3. Mountain City$1,484/mo

Full TN ranking

Texas

1. Roma$1,347/mo
2. San Elizario$1,347/mo
3. Edcouch$1,412/mo

Full TX ranking

Utah

1. Richfield$2,807/mo
2. Moab$2,944/mo
3. Price$2,960/mo

Full UT ranking

Vermont

1. Rutland$2,238/mo
2. Bennington$2,334/mo
3. Saint Johnsbury$2,382/mo

Full VT ranking

Virginia

1. Bassett$1,893/mo
2. Coeburn$1,877/mo
3. Lawrenceville$1,893/mo

Full VA ranking

Washington

1. Toppenish$2,968/mo
2. Newport$2,984/mo
3. Goldendale$2,976/mo

Full WA ranking

Washington D.C.

1. Washington$7,435/mo

Full DC ranking

West Virginia

1. Keyser$786/mo
2. Bluefield$818/mo
3. Elkins$842/mo

Full WV ranking

Wisconsin

1. Marinette$1,604/mo
2. Antigo$1,596/mo
3. Ashland$1,604/mo

Full WI ranking

Wyoming

1. Torrington$2,077/mo
2. Riverton$2,190/mo
3. Laramie$2,278/mo

Full WY ranking

Methodology

Estimated monthly payment = (median home price × 0.9) amortized at 8% over 30 years + 1.2% taxes + 0.5% insurance, divided by 12. Lower payment = better rent-to-own market.

FAQ

What makes a the U.S. rent-to-own market 'cheap'?: Low estimated monthly payment relative to local incomes. Sub-$1,500/month markets are the most accessible.
Are option fees included?: We assume 10% option fee credited toward purchase; the monthly payment estimate excludes that up-front amount.
Does this guarantee a home at this price?: No. Listings vary; this is a market-level estimate to compare cities side-by-side.