Rent to own Homes in Oelwein, IA

Oelwein, IA is a great place for affordable rent-to-own homes! With a median household income of over $38,320 and a median rent of $641, the Oelwein, IA 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 Oelwein, IA. 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 Oelwein, IA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
Hot
724 LINCOLN ST
Rent To Own
Common Grounds
Single Family Home
Waterloo, IA 50703
3
1
1460 ft2
1900
1 of 12 19 9TH AVE SE
Rent To Own
 
Single Family Home
Oelwein, IA 50662
2
2
1008 ft2
1948
Hot
1 of 10 218 HIGHLAND AVE
Rent To Own
 
Single Family Home
Readlyn, IA 50668
3
3
1569 ft2
1952
2475 315th St
Rent To Own
 
Single Family Home
Volga, IA 84401
3
3
3000 ft2
1995
Hot
1 of 11 4521 LAFAYETTE RD
Rent To Own
 
Single Family Home
Evansdale, IA 50707
3
2
1106 ft2
1951
1 of 21 110 PRESTIEN DR
Rent To Own
 
Single Family Home
Denver, IA 50622
3
2
1650 ft2
1947
Hot
1 of 23 2151 145TH AVE
Rent To Own
 
Single Family Home
Manchester, IA 52057
2
1
1204 ft2
2010
Hot
1 of 19 1143 FOREST AVE
Rent To Own
Liberty Park
Single Family Home
Waterloo, IA 50702
2
1
954 ft2
1913
1 of 15 1711 HAMMOND AVE
Rent To Own
 
Single Family Home
Waterloo, IA 50702
3
1
1435 ft2
1955
1 of 20 160 BERKSHIRE RD
Rent To Own
 
Single Family Home
Waterloo, IA 50701
3
3
2001 ft2
1953
1 of 6 4006 CARDINAL CT
Rent To Own
College Square
Single Family Home
Cedar Falls, IA 50613
4
3
2404 ft2
1969
1 of 12 6932 ANSBOROUGH AVE
Rent To Own
 
Single Family Home
Waterloo, IA 50701
6
6
4818 ft2
2009
2822 SUNNY LN
Rent To Own
Cedar Heights
Single Family Home
Cedar Falls, IA 50613
4
2
1370 ft2
1953
1 of 19 3232 HOMEWAY DR
Rent To Own
College Square
Single Family Home
Cedar Falls, IA 50613
5
3
3082 ft2
1961
Hot
1 of 33 112 W VINTON ST
Rent To Own
 
Single Family Home
Coggon, IA 52218
3
1
980 ft2
1940
1 of 26 1161 Lakeview Drive
Rent To Own
 
Multifamily (2 - 4 Units)
Buckingham, IA 50612
4
4
3200 ft2
1993
1 of 16 750 N 7TH ST
Rent To Own
 
Single Family Home
Central City, IA 52214
4
2
1666 ft2
2016
205 SE 2nd Avenue
REO Foreclosure
 
Single Family Home
Oelwein, IA 50662
3
1
1040 ft2
1924
704 E CHARLES ST
REO Foreclosure
 
Single Family Home
Oelwein, IA 50662
3
2
1404 ft2
1926
New
11 7TH AVE NE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Oelwein, IA 50662
4
6
1984 ft2
1941
New
809 W CHARLES ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Oelwein, IA 50662
3
2
816 ft2
1981
New
1 of 14 823 1ST AVE NE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Oelwein, IA 50662
4
2
1510 ft2
1941
115 NW 3rd Avenue
REO Foreclosure
 
Single Family Home
Oelwein, IA 50662
3
1
1061 ft2
1906
117 SE 6th Avenue
REO Foreclosure
 
Single Family Home
Oelwein, IA 50662
3
2
1512 ft2
1918
New
521 3RD AVE SE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Oelwein, IA 50662
3
3
1020 ft2
1919
Hot
15 4TH ST NW
REO Foreclosure
 
Single Family Home
Oelwein, IA 50662
4
1
3648 ft2
1924
1050 1ST AVE SW
REO Foreclosure
 
Single Family Home
Oelwein, IA 50662
3
1
1356 ft2
1952
Hot
1 of 28 18 3RD ST NW
REO Foreclosure
 
Single Family Home
Oelwein, IA 50662
3
2
1382 ft2
1905
1 of 14 211 3RD AVE SE
Auction
 
Single Family Home
Oelwein, IA 50662
5
2
1880 ft2
1926
1 of 2 309 8TH AVE SW
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Oelwein, IA 50662
3
1
1900 ft2
1917
Hot
310 6TH ST NE
REO Foreclosure
 
Single Family Home
Oelwein, IA 50662
4
2
1573 ft2
1900
525 SW 1st Street
REO Foreclosure
 
Single Family Home
Oelwein, IA 50662
3
2
0 ft2
1915
525 1ST ST SW
Auction
 
Single Family Home
Oelwein, IA 50662
3
2
1142 ft2
1915
215 E CHARLES ST
REO Foreclosure
 
Single Family Home
Oelwein, IA 50662
1
5
1839 ft2
1906
309 3RD AVE SE
REO Foreclosure
 
Single Family Home
Oelwein, IA 50662
3
3
1399 ft2
1933
21 SE 6th Avenue
REO Foreclosure
 
Single Family Home
Oelwein, IA 50662
3
2
1897 ft2
1920
1 of 2 300 4TH AVE SE
REO Foreclosure
 
Single Family Home
Oelwein, IA 50662
3
2
1544 ft2
1899
301 SE 6th Avenue
REO Foreclosure
 
Single Family Home
Oelwein, IA 50662
4
3
2600 ft2
1979
New
1 of 16 1864 100TH ST
Auction
 
Single Family Home
Oelwein, IA 50662
2
6
1176 ft2
1960
104 SOUTHLINE DR
REO Foreclosure
 
Single Family Home
Hazleton, IA 50641
3
2
1344 ft2
2002
210 MADISON ST S
REO Foreclosure
 
Single Family Home
Hazleton, IA 50641
3
2
1262 ft2
1910
6886 Q AVE
Auction
 
Single Family Home
Oelwein, IA 50662
2
1
913 ft2
1913
New
128 N CLARK ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Stanley, IA 50671
1
2
700 ft2
1939
1 of 6 165 3RD ST N
REO Foreclosure
 
Single Family Home
Maynard, IA 50655
3
2
1232 ft2
1897
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Buying a Home in Oelwein, IA

Oelwein, IA is seeing rapid growth and Oelwein, IA's' housing market remains optimal with an average home price that is -60% below the 2024 national average. Oelwein, IA is part of Fayette 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 Fayette is 1.2% which is above the national average, which is 0.99%.

Median Home Price in Oelwein, IA

Median Rent in Oelwein, IA

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