Rent to own Homes in Melbourne, AR

Melbourne, AR is a great place for affordable rent-to-own homes! With a median household income of over $35,000 and a median rent of $547, the Melbourne, AR 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 Melbourne, AR. 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 Melbourne, AR rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 62 691 COUNTRY VIEW RD
Rent to Own Eligible
 
Single Family Home
Salem, AR 72576
4
4
3578 ft2
New
190 SAWYER HOLW
Rent to Own Eligible
 
Single Family Home
Pineville, AR 72566
2
2
1305 ft2
2020
173 HAYDEN ESTS
Rent to Own Eligible
 
Single Family Home
Mountain View, AR 72560
4
3
2960 ft2
2001
1 of 36 16 MILLER DR
Rent to Own Eligible
 
Single Family Home
Ash Flat, AR 72513
3
2
1316 ft2
1980
1 of 59 125 ARNHART ST
Rent to Own Eligible
 
Single Family Home
Ash Flat, AR 72513
7
6
4820 ft2
1999
1 of 29 257 ARKANSAS 230
Rent to Own Eligible
 
Single Family Home
Cave City, AR 72521
6
4
6503 ft2
1998
1 of 70 55 COLUMBIA DR
Rent to Own Eligible
 
Single Family Home
Cherokee Village, AR 72529
2
2
1382 ft2
2000
1 of 150 39 TISHIMINGO DR
Rent to Own Eligible
 
Single Family Home
Cherokee Village, AR 72529
4
2
2702 ft2
1992
1 of 47 61 E LAKESHORE DR
Rent to Own Eligible
 
Single Family Home
Cherokee Village, AR 72529
3
2
1131 ft2
1994
1 of 55 9165 HIGHWAY 5 S
Rent to Own Eligible
 
Single Family Home
Mountain Home, AR 72653
4
3
1523 ft2
1 of 18 7731 HIGHWAY 66
Rent to Own Eligible
 
Single Family Home
Timbo, AR 72680
3
2
2365 ft2
1981
New
6501 HIGHWAY 5 S
Rent to Own Eligible
 
Single Family Home
Mountain Home, AR 72653
2
2
996 ft2
114 COPPERHEAD LN
Rent to Own Eligible
 
Single Family Home
Cave City, AR 72521
3
2
1796 ft2
1 of 54 1814 EAGLE DR
Rent to Own Eligible
 
Single Family Home
Mountain Home, AR 72653
3
2
1847 ft2
1028 E 16TH ST
Rent to Own Eligible
 
Single Family Home
Mountain Home, AR 72653
3
2
1664 ft2
2022
1 of 12 1118 E 16TH ST
Rent to Own Eligible
 
Single Family Home
Mountain Home, AR 72653
3
2
1664 ft2
2022
1 of 25 440 KATHLEEN ST
Rent to Own Eligible
 
Single Family Home
Mountain Home, AR 72653
3
2
1472 ft2
1965
1004 REDWING TRL
Rent to Own Eligible
 
Single Family Home
Mountain Home, AR 72653
3
1
1336 ft2
1 of 82 1137 OZARK AVE
Rent to Own Eligible
 
Single Family Home
Mountain Home, AR 72653
3
2
1324 ft2
1 of 47 14 LAKEWOOD DR
Rent to Own Eligible
 
Single Family Home
Edgemont, AR 72044
4
4
4916 ft2
2005
New
1 of 28 315 JEWELL LN
Rent to Own Eligible
 
Single Family Home
Clarkridge, AR 72623
3
2
1731 ft2
2003
1 of 89 317 EDEN RD
Rent to Own Eligible
 
Single Family Home
Mountain Home, AR 72653
6
3
3398 ft2
1 of 174 757 COUNTY ROAD 473
Rent to Own Eligible
 
Single Family Home
Clarkridge, AR 72623
2
2
1626 ft2
1 of 35 1403 COUNTY ROAD 1175
Rent to Own Eligible
 
Single Family Home
Mountain Home, AR 72653
4
4
4215 ft2
2001
46 TABLEROCK RD
Rent to Own Eligible
 
Single Family Home
Evening Shade, AR 72532
2
2
1470 ft2
2000
1 of 25 514 HICKORY ST
Rent to Own Eligible
 
Single Family Home
Viola, AR 72583
4
3
3751 ft2
New
1006 N Camp Creek Rd
Rent to Own Eligible
 
Single Family Home
Mammoth Spring, AR 72520
2
1
1308 ft2
1975
1110 E 16TH ST
Rent to Own Eligible
 
Single Family Home
Mountain Home, AR 72653
3
1
1664 ft2
2022
Hot
1 of 24 689 HYDE RD
Rent To Own
 
Single Family Home
Melbourne, AR 72556
3
2
1799 ft2
2005
32968 HIGHWAY 5
Rent To Own
 
Single Family Home
Calico Rock, AR 72519
2
1
2300 ft2
Hot
1 of 25 202 ALTMAN DR
Rent To Own
 
Single Family Home
Mountain View, AR 72560
3
3
1972 ft2
2006
Hot
1 of 39 1138 UNICORN RD
Rent To Own
 
Single Family Home
Salem, AR 72576
3
3
3640 ft2
1977
Hot
1 of 18 301 STONE AVE
Rent To Own
 
Single Family Home
Mountain View, AR 72560
3
2
1813 ft2
1988
1 of 17 619 County Road 249 - 160 acres located in the Ozarks
Rent To Own
 
Multifamily (2 - 4 Units)
Jordan, AR 72519
3
2
2016 ft2
1994
Hot
1 of 7 1238 E COLLEGE ST
Rent To Own
 
Single Family Home
Batesville, AR 72501
3
2
1426 ft2
1947
14 QUAPAW DR
Rent To Own
 
Single Family Home
Cherokee Village, AR 72529
2
2
1014 ft2
1993
1 of 11 350 NUBBIN RIDGE RD
Rent To Own
 
Single Family Home
Drasco, AR 72530
3
1
1904 ft2
1972
47 SQUIRE CT
Rent To Own
 
Single Family Home
Mountain Home, AR 72653
5
4
4200 ft2
1979
Hot
1 of 8 404 COLEWOOD DR
Rent To Own
 
Single Family Home
Mountain Home, AR 72653
4
4
4000 ft2
2007
105 BLACK OAK
Rent To Own
 
Single Family Home
Pleasant Plains, AR 72568
3
2
1896 ft2
2001
1 of 14 26 FAWN RD
Rent To Own
 
Single Family Home
Mountain Home, AR 72653
3
2
1765 ft2
2019
Hot New
1 of 17 1204 KNOB CREEK RD
REO Foreclosure
 
Single Family Home
Melbourne, AR 72556
2
2
904 ft2
1998
Hot
205 RUBY LN
REO Foreclosure
 
Single Family Home
Horseshoe Bend, AR 72512
3
3
1378 ft2
1990
157 ROARING RIVER RD
REO Foreclosure
 
Single Family Home
Mountain View, AR 72560
3
2
1400 ft2
1990
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Buying a Home in Melbourne, AR

Melbourne, AR is seeing rapid growth and Melbourne, AR's' housing market remains optimal with an average home price that is -64% below the 2024 national average. Melbourne, AR is part of Izard 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 Izard is 0.6% which is below the national average, which is 0.99%.

Median Home Price in Melbourne, AR

Median Rent in Melbourne, AR

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