Rent to own Homes in Lawrence, IN

Commitment to Improving Quality of life! Lawrence is a catalyst for improving quality of life through economic development. Local initiatives include improving the Franklin Road and Pendleton Pike commercial buildings, assisting with business retention, and securing low vacancy rates nearer to 2.1%. Plans to help new homeowners afford homes in newly constructed areas, such as Lawrence Woods and Alexia Drive are additional proposed projects for the year.

Lawrence, IN is a great place for affordable rent-to-own homes! With a median household income of over $62,257 and a median rent of $945, the Lawrence, 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 Lawrence, 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 Lawrence, IN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
4456 N KENYON AVE
Rent To Own
Devington
Single Family Home
Indianapolis, IN 46226
3
1
1598 ft2
1959
1 of 58 11695 HORIZON CT
Rent To Own
Masthead
Single Family Home
Fishers, IN 46037
4
6
2170 ft2
1987
Hot
1907 N BANCROFT ST
Rent To Own
Near Eastside
Single Family Home
Indianapolis, IN 46218
2
1
1557 ft2
1941
904 N KEYSTONE AVE
Rent To Own
Near Eastside
Single Family Home
Indianapolis, IN 46201
4
3
2000 ft2
1915
1026 JEFFERSON AVE
Rent To Own
Near Eastside
Single Family Home
Indianapolis, IN 46201
5
4
2678 ft2
1920
1 of 28 234 N TACOMA AVE
Rent To Own
Near Eastside
Single Family Home
Indianapolis, IN 46201
4
4
1889 ft2
1920
3545 S SADLIER DR
Rent To Own
Five Points
Single Family Home
Indianapolis, IN 46239
3
2
1606 ft2
1957
7220 FORRESTER LN
Rent To Own
Southern Dunes
Townhouse/Condo
Indianapolis, IN 46217
3
3
1721 ft2
2005
9910 N COUNTY ROAD 1075 E
Rent To Own
 
Single Family Home
Brownsburg, IN 46112
2
2
2134 ft2
1954
512 CENTRAL AVE
Rent To Own
 
Single Family Home
Anderson, IN 46012
3
2
1202 ft2
1915
Hot
1 of 31 8249 SKIPJACK DR
Rent To Own
Geist
Single Family Home
Indianapolis, IN 46236
4
5
4491 ft2
1986
1 of 15 5001 Apple Spruce Drive
Rent To Own
 
Multifamily (2 - 4 Units)
Indianapolis, IN 46235
3
2
1710 ft2
1997
Hot
1 of 17 7123 EMBER CT
Rent To Own
 
Single Family Home
Indianapolis, IN 46236
4
4
3370 ft2
1997
Hot
1 of 10 3650 N BRENTWOOD AVE
Rent To Own
Northeastwood
Single Family Home
Indianapolis, IN 46235
3
2
1250 ft2
1961
Hot
1 of 40 8627 N WINDING BND
Rent To Own
 
Single Family Home
Mccordsville, IN 46055
3
3
2450 ft2
2010
Hot
1 of 45 5321 E 72ND PL
Rent To Own
Allisonville
Single Family Home
Indianapolis, IN 46250
4
3
3500 ft2
1965
Hot
1 of 7 10309 BRUSHFIELD LN
Rent To Own
 
Single Family Home
Fishers, IN 46037
4
3
2354 ft2
1999
4923 KESSLER BOULEVARD EAST DR
Rent To Own
Devonshire
Single Family Home
Indianapolis, IN 46220
8
6
26000 ft2
1956
Hot
1 of 45 10420 CALIBOUGE DR
Rent To Own
 
Single Family Home
Fishers, IN 46037
4
3
3970 ft2
1998
1 of 4 Forest Manor
Rent To Own
Devon
Multifamily (2 - 4 Units)
Indianapolis, IN 46226
3
2
1300 ft2
1952
Hot
1 of 31 4075 ASHBOURNE LN
Rent To Own
Devon
Single Family Home
Indianapolis, IN 46226
4
3
2827 ft2
1955
Hot
4812 E 21ST ST
Rent To Own
Near Eastside
Single Family Home
Indianapolis, IN 46218
4
1
1270 ft2
1950
Hot
1 of 5 1101 N LAYMAN AVE
Rent To Own
Eastside
Single Family Home
Indianapolis, IN 46219
2
2
2200 ft2
1953
932 N Hawthorne Ln., Indianapolis, In 46219
Rent To Own
Irvington
Multifamily (2 - 4 Units)
Indianapolis, IN 46219
3
2
-3000 ft2
1940
1 of 25 1458 N LINWOOD AVE
Rent To Own
Near Eastside
Single Family Home
Indianapolis, IN 46201
2
1
1020 ft2
1926
1 of 14 1426 N COLORADO AVE
Rent To Own
Near Eastside
Townhouse/Condo
Indianapolis, IN 46201
2
2
1400 ft2
1928
Hot
929 N BOSART AVE
Rent To Own
Near Eastside
Single Family Home
Indianapolis, IN 46201
2
1
884 ft2
1920
Hot
1 of 4 2531 DELL ZELL DR
Rent To Own
Millersville
Single Family Home
Indianapolis, IN 46220
3
1
1144 ft2
1950
Hot
1 of 5 2531 N TACOMA AVE
Rent To Own
Martindale - Brightwood
Townhouse/Condo
Indianapolis, IN 46218
4
2
1560 ft2
1958
Hot
1 of 21 2115 E 110TH ST
Rent To Own
 
Single Family Home
Carmel, IN 46032
3
2
2420 ft2
1968
9150 KERWOOD DR
Rent To Own
Nora - Far Northside
Single Family Home
Indianapolis, IN 46240
3
3
3291 ft2
1949
6200 Brookville
Rent To Own
Irvington
Multifamily (2 - 4 Units)
Indianapolis, IN 46229
3
1
1000 ft2
1980
Hot
1 of 5 9852 PARKSHORE DR
Rent To Own
 
Single Family Home
Fishers, IN 46038
5
3
4621 ft2
2003
1601 E 77TH ST
Rent To Own
North Central
Single Family Home
Indianapolis, IN 46240
3
3
2987 ft2
1934
Hot
1 of 27 6140 INDIANOLA AVE
Rent To Own
Broad Ripple
Single Family Home
Indianapolis, IN 46220
2
1
836 ft2
1927
1 of 35 6026 INDIANOLA AVE
Rent To Own
Broad Ripple
Single Family Home
Indianapolis, IN 46220
5
3
3300 ft2
1930
1 of 37 8001 WESTFIELD BLVD
Rent To Own
North Central
Single Family Home
Indianapolis, IN 46240
5
6
6490 ft2
1929
Hot
1 of 47 6571 FREEMONT LN
Rent To Own
Cherry Creek Estates
Single Family Home
Carmel, IN 46033
4
3
5400 ft2
2010
3505 BIRCHWOOD AVE
Rent To Own
Mapleton - Fall Creek
Single Family Home
Indianapolis, IN 46205
3
2
2352 ft2
1913
Hot
1 of 56 2355 S SHERIDAN AVE
Rent To Own
Southeast Indianapolis
Single Family Home
Indianapolis, IN 46203
3
2
1805 ft2
1968
10254 CARROLLTON AVE
Rent To Own
Home Place
Single Family Home
Carmel, IN 46280
3
2
1310 ft2
1955
1 of 49 13154 GIRVAN WAY
Rent To Own
 
Single Family Home
Fishers, IN 46037
4
3
4536 ft2
2018
Hot
1 of 30 15493 BRACKENWOOD CT
Rent To Own
Noble West
Single Family Home
Noblesville, IN 46062
4
4
3470 ft2
2004
1239 N PARK AVE
Rent To Own
Downtown Indianapolis
Single Family Home
Indianapolis, IN 46202
4
5
6650 ft2
2000
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Buying a Home in Lawrence, IN

Lawrence, IN is seeing rapid growth and Lawrence, IN's' housing market remains optimal with an average home price that is -27% below the 2024 national average. Lawrence, IN is part of Marion 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 Marion is 1.15% which is above the national average, which is 0.99%.

Median Home Price in Lawrence, IN

Median Rent in Lawrence, IN

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

Top 10 Reasons to Live in Lawrence

Improved Housing Market! With home values going up, this sends a signal of the towns revitalized markets. The mean value of homes in Lawrence is 3.5% greater than Indiana's average, and 7.1% greater than the nation's average. Meadow Pond Way and Parrington Drive may be places to consider laying a nest egg.

Home Renters Haven! The variety of style homes and apartments with flexible leasing arrangements are ideal for renters-on-the-go. Additionally, the median rental rate in Lawrence is 1.3% less than Indiana's average and 8.6% below the national average. Rent to own homes and apartments are also part of the flexible leasing contracts. Barlow Drive and Elmhurst Drive are some of the neighborhoods to consider.

Homeownership on the Rise! With the median asking price for homes in Lawrence at 15.3% lower than the state's average, and 28.3% lower than the nation's average, affording a home is highly probable in Lawrence. On average 63% of residents are home owners, some of whom may have capitalized on rent to own houses to lower the financing costs. Check out neighborhoods on Twin Beech Drive and Glass Chimney Lane for a variety of home styles.

Art Studios and Galleries to Enjoy! Broad Ripple Village, nearby Butler University contains several art galleries, specialty shops and quaint pubs for a full day's entertainment.

Roam the State Park and Museums! The Canal and White River State Park hosts many famous museums and scheduled events. The park is built around the Central Canal of Indianapolis inspiring a dramatic Venetian image.

Tour Indianapolis Cultural District! Less than 10 minutes ride from Lawrence is Fountain Square, one of six officially designated cultural districts of the city. The Wholesale District, once the center of commerce for the entire state, is included in the six districts.

Howling Bars and Clubs! Nighttime entertainment is never in short supply in places like Howl at the Moon Bar for unbeatable parties and The Ugly Monkey for good music and food.

Dining Pleasures! Delightful dining pleasures can be had at The Eagle's Nest in plush surroundings. Take a break from hunting for rent to own options and try Fogo de Chao Churrascaria for fire-roastied prime cuts of meat.

Shopping Varieties! The Fashion Mall at Keystone has an Apple Store and Windows shop for the techies. Not far away is the Broad Ripple Vintage for a wide selection of t-shirts, jackets and jeans.