Rent to own Homes in Duncan, OK
Duncan, the seat of Stephens County in Oklahoma, has a population of about 23,500. Though Oklahoma City is only a one-and-a-half hour drive and the big-city fun of Dallas, Texas is little more than a two-and-half hour drive away, the Duncan hasn't lost its country charm. It still hosts popular livestock-related events such as the Stephens County Rabbit Breeders Show and Rising Stars Calf Roping Competition.
Duncan, OK is a great place for affordable rent-to-own homes! With a median household income of over $50,017 and a median rent of $699, the Duncan, 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 Duncan, 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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Duncan, OK is seeing rapid growth and Duncan, OK's' housing market remains optimal with an average home price that is -46% below the 2025 national average. Duncan, OK is part of Stephens 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 2025 for county Stephens is 0.6% which is below the national average, which is 0.99%.
Median Home Price in Duncan, OK
Median Rent in Duncan, OK
Top 4 Reasons to Live in Duncan, OK
Great history! The historic Chisholm Trail passing through Duncan played a major role in the development of this city. Today, the Chisholm Trail Heritage Center at Chisholm Trail Parkway preserves the romance of the Old West for all to see. The 4D Experience Theater at the center gives you a virtual feel of how cowboys lived on the trail. Antiques and memorabilia at the Stephens County Historical Museum on Beech Avenue give visitors a glimpse of how the townsfolk lived in the early days. Downtown Duncan's historic Main Street has made this town the antique capital of southwest Oklahoma. It's an inviting place with its many tea rooms and restaurants.
Open spaces galore! Nature lovers seeking rent to own properties in Duncan can enjoy a variety of outdoor activities. There are four lakes in and around the city, including Clear Creek Lake, home to a fishing pier, pavilions and a public beach. Duncan Lake has a horse riding range, a camping site and an archery range. Fuqua Lake and Humphrey Lake are also nearby. Duncan's Golf and Tennis Club is a local institution known for its excellent golf course and dining facilities. The Wichita Wildlife Refuge is a two-hour drive from the city and a perfect weekend getaway. There are 12 parks in the city offering recreational and entertainment facilities such as walking paths, gazebos, water pads and tennis courts.
Affordable houses! The price of homes for sale is significantly lower than the national average. If you're looking for a single-family detached home in Stephens County, Oklahoma, then check out this city's real estate market. The property appreciation rate, 32.5-percent for the past decade, is among the highest in the country. Property taxes here are lower than the national average. Goodner's Super Market and the Chisholm Mall, both on Highway 81 are conveniently located for residents to visit and shop.
Low Rents! Property rents in Duncan neighborhoods are low. In the rural neighborhood of Nellie, the rents are lower than those in nearly 73-percent of Oklahoma neighborhoods. Low rents are not the only savings to be had. Nearly 80-percent of the working population enjoys a commute of less than 25 minutes. In Duncan, there's always time to unwind with friends and there is a wide selection of restaurants to choose from including El Palacio Mexican Restaurant on W Bois D'Arc Avenue and Kyoto Japanese Restaurant on US-81.
