Rent to own Homes in Monterey, IN

Monterey, IN is a great place for affordable rent-to-own homes! With a median household income of over $32,480 and a median rent of $529, the Monterey, 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 Monterey, 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 Monterey, IN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
2496 E HIGHWAY 6
Rent To Own
 
Single Family Home
Hamlet, IN 46532
3
1
1224 ft2
1955
1 of 3 307 N WASHINGTON ST
Rent To Own
 
Single Family Home
Bourbon, IN 46504
3
1
1635 ft2
1 of 22 6066 East Liberty Drive
Rent To Own
 
Multifamily (2 - 4 Units)
Monticello, IN 47960
4
4
2408 ft2
1986
1 of 6 5977 E Division Rd.
Rent To Own
 
Multifamily (2 - 4 Units)
Laporte, IN 46350
3
3
3150 ft2
1987
1 of 2 1734 W 400 S
Rent To Own
 
Single Family Home
La Porte, IN 46350
3
3
2066 ft2
1980
1 of 48 1166 N DIAMOND POINT CT
Rent To Own
 
Single Family Home
Monticello, IN 47960
2
1
1120 ft2
1957
Hot
1 of 18 1018 OHIO ST
Rent To Own
 
Single Family Home
La Porte, IN 46350
3
1
912 ft2
1976
1 of 35 416 A ST
Rent To Own
 
Single Family Home
La Porte, IN 46350
5
1
1648 ft2
1880
4855 E4.9
Rent To Own
 
Single Family Home
Monticello, IN 47960
3
1
1446 ft2
1955
9211 W 100 N
Auction
 
Single Family Home
Kewanna, IN 46939
4
1
956 ft2
1900
16710 18B RD
Auction
 
Single Family Home
Culver, IN 46511
2
1
1308 ft2
1920
16513 18B RD
REO Foreclosure
 
Single Family Home
Culver, IN 46511
4
3
2528 ft2
1920
4971 N US 35
REO Foreclosure
 
Single Family Home
Winamac, IN 46996
3
1
1474 ft2
1934
5452 S ELM ST
Auction
 
Single Family Home
Knox, IN 46534
2
1
680 ft2
1941
Hot
5345 E SUMMERHOLME DR
REO Foreclosure
 
Single Family Home
Knox, IN 46534
3
1
1037 ft2
1959
6035 E TOTO RD
REO Foreclosure
 
Single Family Home
Knox, IN 46534
3
2
1504 ft2
1982
2554 S 1000 W
REO Foreclosure
 
Single Family Home
Kewanna, IN 46939
3
2
2051 ft2
1915
609 N TROUTMAN ST
REO Foreclosure
 
Single Family Home
Kewanna, IN 46939
4
3
2568 ft2
1900
New
1 of 3 5025 BEAMAN LN
Auction
 
Single Family Home
Rochester, IN 46975
3
2
1956 ft2
1986
1 of 27 705 N RIVERSIDE DR
Auction
 
Single Family Home
Winamac, IN 46996
4
2
1830 ft2
1890
1 of 23 4431 BOICOURT
REO Foreclosure
 
Single Family Home
Rochester, IN 46975
2
1
1260 ft2
1953
1 of 27 615 S MONTICELLO ST
Auction
 
Single Family Home
Winamac, IN 46996
4
3
2469 ft2
1890
1740 S 550 E
Auction
 
Single Family Home
Knox, IN 46534
2
2
1978 ft2
1978
706 S WEST ST
Auction
 
Single Family Home
Winamac, IN 46996
2
2
988 ft2
1993
1 of 65 1255 S STATE ROAD 119
Auction
 
Single Family Home
Winamac, IN 46996
3
1
1160 ft2
1951
New
1 of 6 16945 12TH RD
Auction
 
Single Family Home
Plymouth, IN 46563
2
1
792 ft2
1948
1 of 10 1300 E JOHN ST
REO Foreclosure
 
Single Family Home
Knox, IN 46534
3
1
1292 ft2
1996
1 of 4 421 STAR CT
Auction
 
Single Family Home
Knox, IN 46534
3
2
1429 ft2
1972
505 S HEATON ST
Auction
 
Single Family Home
Knox, IN 46534
3
1
1344 ft2
1925
1 of 3 707 S BOWER ST
Auction
 
Single Family Home
Knox, IN 46534
3
1
1004 ft2
1970
2735 S 250 E
Auction
 
Single Family Home
Knox, IN 46534
3
1
2076 ft2
1975
107 N HEATON ST
REO Foreclosure
 
Single Family Home
Knox, IN 46534
4
3
2700 ft2
1945
1009 DENNEY ST
Auction
 
Single Family Home
Knox, IN 46534
3
2
1284 ft2
1978
16514 SHERYL CT
REO Foreclosure
 
Single Family Home
Plymouth, IN 46563
3
2
1912 ft2
1985
Hot
14100 LAWRENCE LAKE DR
REO Foreclosure
 
Single Family Home
Plymouth, IN 46563
4
2
1904 ft2
1970
New
1 of 5 10040 VICTORIA DR
Auction
 
Single Family Home
Plymouth, IN 46563
3
3
1764 ft2
1991
New
1 of 15 8138 ROSE RD
Auction
 
Single Family Home
Plymouth, IN 46563
3
2
1300 ft2
1965
7270 S STATE ROAD 17
REO Foreclosure
 
Single Family Home
Kewanna, IN 46939
3
1
1548 ft2
1900
7273 S STATE ROAD 17
REO Foreclosure
 
Single Family Home
Kewanna, IN 46939
3
1
1644 ft2
1905
6695 E 400 N
Auction
 
Single Family Home
Grovertown, IN 46531
4
2
1976 ft2
1975
1 of 19 5516 W 775 N
Auction
 
Single Family Home
Winamac, IN 46996
3
2
2016 ft2
1982
1595 N 300 E
Auction
 
Single Family Home
Knox, IN 46534
3
2
1201 ft2
1973
1 of 10 150 WOODLAND TRL
Auction
 
Single Family Home
Argos, IN 46501
4
2
2238 ft2
1964
0235 W WILLIAM HOWARD DR
Auction
 
Single Family Home
North Judson, IN 46366
3
1
1104 ft2
1977
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Buying a Home in Monterey, IN

Monterey, IN is seeing rapid growth and Monterey, IN's' housing market remains optimal with an average home price that is -61% below the 2024 national average. Monterey, IN is part of Pulaski 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 Pulaski is 0.61% which is below the national average, which is 0.99%.

Median Home Price in Monterey, IN

Median Rent in Monterey, IN

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