Rent to own Homes in Dyer, IN

Part of the St. John Township in Lake County, Dyer offers residents small town appeal and a surprising amount of everyday activities for visitors and locals alike. The town includes an area of only 6.1 square miles and has a population of just over 16,000. In 2005, the city actually placed 97th in Money Magazine out of the "100 Best Places to Live in the US," which is quite an accomplishment for a city of its size.

Dyer, IN is a great place for affordable rent-to-own homes! With a median household income of over $86,117 and a median rent of $1,191, the Dyer, IN 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 Dyer, IN. 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 Dyer, IN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
14701 W 93rd Ave
Rent To Own
 
Single Family Home
Dyer, IN 46311
3
3
1822 ft2
541 W 67TH LN
Rent To Own
 
Single Family Home
Merrillville, IN 46410
4
2
1834 ft2
1961
5465 MARYLAND ST
Rent To Own
 
Single Family Home
Merrillville, IN 46410
3
2
1512 ft2
1957
956 W 115TH PL
Rent To Own
Morgan Park
Townhouse/Condo
Chicago, IL 60643
3
2
731 ft2
1966
1 of 38 8724 S ESSEX AVE
Rent To Own
South Chicago
Single Family Home
Chicago, IL 60617
5
3
1987 ft2
1924
Hot
9519 S FOREST AVE
Rent To Own
Roseland
Single Family Home
Chicago, IL 60628
3
2
1100 ft2
1960
3017 E 78th St APT 2B
Rent To Own
South Shore
Single Family Home
Chicago, IL 60649
1
1
800 ft2
1924
7620 S CALUMET AVE
Rent To Own
Chatham
Single Family Home
Chicago, IL 60619
4
4
1386 ft2
1921
7115 S SAINT LAWRENCE AVE
Rent To Own
Park Manor
Townhouse/Condo
Chicago, IL 60619
6
4
2773 ft2
1890
1 of 75 5555 S Everett Ave
Rent To Own
 
Single Family Home
Chicago, IL 60637
4
3
2400 ft2
1924
5856 S PRAIRIE AVE #3
Rent To Own
Washington Park
Townhouse/Condo
Chicago, IL 60637
3
2
1250 ft2
2004
5739 S CALUMET AVE #3N
Rent To Own
Washington Park
Townhouse/Condo
Chicago, IL 60637
3
2
1400 ft2
1901
26 BITTERSWEET LN
Rent To Own
 
Single Family Home
Portage, IN 46368
4
3
1966 ft2
1948
1550 S INDIANA AVE #412
Rent To Own
South Loop
Townhouse/Condo
Chicago, IL 60605
2
2
1100 ft2
1905
222 N COLUMBUS DR #3203
Rent To Own
The Loop
Townhouse/Condo
Chicago, IL 60601
2
2
1225 ft2
2001
505 N LAKE SHORE DR #6601
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60611
3
4
2975 ft2
1970
240 E ILLINOIS ST #1708
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60611
2
2
1293 ft2
2005
2906 W WILCOX ST
Rent To Own
East Garfield Park
Townhouse/Condo
Chicago, IL 60612
9
3
2832 ft2
1905
1355 N SANDBURG TER #407D
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60610
1
1
0 ft2
1964
2745 N HAMPDEN CT #2E
Rent To Own
Lincoln Park
Townhouse/Condo
Chicago, IL 60614
3
1
1100 ft2
1916
838 S SCOVILLE AVE #1
Rent To Own
 
Townhouse/Condo
Oak Park, IL 60304
1
1
800 ft2
1923
4636 N Racine Ave APT 2, Chicago, IL 60640
Rent To Own
Uptown
Single Family Home
Chicago, IL 60640
2
1
1200 ft2
1906
12A Kingery Quarter Rd #104
Rent To Own
 
Single Family Home
Willowbrook, IL 60527
1
1
800 ft2
1981
1748 W Rascher Ave
Rent To Own
Edgewater
Townhouse/Condo
Chicago, IL 60640
2
1
0 ft2
1913
6334 N SHERIDAN RD #3C
Rent To Own
Edgewater
Townhouse/Condo
Chicago, IL 60660
1
1
800 ft2
1928
6704 W FOREST PRESERVE DR
Rent To Own
Harwood Heights
Single Family Home
Harwood Heights, IL 60706
3
3
1326 ft2
1998
7343 Country Creek Way UNIT 4
Rent To Own
 
Single Family Home
Downers Grove, IL 60516
2
2
972 ft2
1975
5537 N CANFIELD AVE
Rent To Own
Norwood Park
Single Family Home
Chicago, IL 60656
2
2
1284 ft2
1946
1 of 29 544 BRIGHTON LN
Rent To Own
 
Single Family Home
Dyer, IN 46311
5
5
6112 ft2
2004
1 of 84 8348 DECLAN CT
Rent To Own
 
Single Family Home
Saint John, IN 46373
5
5
5121 ft2
2016
1 of 7 933 KENNSINGTON E
Rent To Own
 
Single Family Home
Dyer, IN 46311
4
2
1846 ft2
1975
1 of 19 160 CHATEAU DR
Rent To Own
 
Single Family Home
Dyer, IN 46311
4
3
2370 ft2
1995
Hot
1 of 14 549 SEMINARY DR
Rent To Own
 
Single Family Home
Dyer, IN 46311
3
2
1623 ft2
1999
Hot
1 of 18 1512 COZY LN
Rent To Own
 
Single Family Home
Dyer, IN 46311
3
2
1548 ft2
1996
1536 BURLWOOD LN
Rent To Own
 
Single Family Home
Schererville, IN 46375
2
2
1600 ft2
2004
1 of 93 9840 N HICKORY LN
Rent To Own
 
Single Family Home
Saint John, IN 46373
4
4
3570 ft2
1978
1 of 19 9963 PHEASANT LN
Rent To Own
 
Single Family Home
Saint John, IN 46373
4
3
3468 ft2
2001
Hot
1 of 19 14913 W 103RD AVE
Rent To Own
 
Single Family Home
Dyer, IN 46311
4
3
2402 ft2
2019
1 of 51 1314 Ridge Road
Rent To Own
 
Multifamily (2 - 4 Units)
Munster, IN 46321
4
3
2760 ft2
2020
1 of 10 9824 HART ST
Rent To Own
 
Single Family Home
Saint John, IN 46373
2
2
1785 ft2
2004
1 of 38 8308 CASTLE DR
Rent To Own
 
Single Family Home
Munster, IN 46321
3
4
3571 ft2
1991
12307 W 107TH PL
Rent To Own
 
Single Family Home
Saint John, IN 46373
3
3
2276 ft2
2004
1 of 38 18437 STONY ISLAND AVE
Rent To Own
 
Single Family Home
Lansing, IL 60438
5
4
3375 ft2
1944
2756 Autumn Dr
Rent To Own
 
Single Family Home
Crown Point, IN 46307
4
3
1863 ft2
1997
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Buying a Home in Dyer, IN

Dyer, IN is seeing rapid growth and Dyer, IN's' housing market remains not optimal with an average home price that is 5% above the 2024 national average. Dyer, IN is part of Lake 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 Lake is 1.37% which is above the national average, which is 0.99%.

Median Home Price in Dyer, IN

Median Rent in Dyer, IN

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

Top 6 Reasons to Live in Dyer, IN

Enjoy a pleasantly sophisticated transportation system! One of the most difficult challenges for many small towns is transportation. In Dyer, residents enjoy the regional access provided by US Route 30, and also benefit from the Amtrak station on Sheffield Avenue.

A booming real estate market! The average price of real estate in Dyer is considerably higher than the rest of Indiana, with the average resting at about $198,000. Though this does mean that most homes for a sale are a bit more expensive, it also brings with it a sense of future security in the market. If mortgage costs seem high, there are rent to own homes available as well. The two major neighborhoods to look at are Joliet St/Hart St and Town Center.

Plenty of rental units available! Another option for those who do not wish to buy property of their own is to find a rental unit, where the average price is around $900. Though apartments may not be the first thing that comes to mind in a city of this size, there is plenty of variety if you know what you are looking for. The major complex in the area is Dyer Apartments, though Barberry Apartments is another popular option.

Gheck out the local culture! The Oak Tree Gallery offers residents a beautiful art gallery with a variety of different exhibits available. While you're in the area, Meyer's Castle is another notable local attraction.

Spend a night out on the town! The local Vino Tini Cocktail Lounge is a favorite destination in Dyer that offers night goers specialty martinis at a good price. If you would prefer a nice beer, The Engine Room Ale House is another popular watering hole.

Participate in community events! Like any community of its size, Dyer hosts a variety of local events to enjoy. The Holiday Shopping Spree & Craft Show takes place in late November to celebrate the season. Each summer, the town holds Summerfest, which gives residents a five day festival to kick off the season.