Rent to own Homes in West Lafayette, IN

West Lafayette is located just across the river from its "sister city" of Lafayette, and is also recently the home of Purdue University. In late 2013, the city annexed land to place the campus and dorms under city control for the first time. The city's 2010 population of 29,596 gives West Lafayette the distinction, though, of being the most densely populated city in Indiana.

West Lafayette, IN is a great place for affordable rent-to-own homes! With a median household income of over $31,460 and a median rent of $915, the West Lafayette, 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 West Lafayette, 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 West Lafayette, IN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
Hot
1 of 14 4410 E 50 N
Rent To Own
 
Single Family Home
Lafayette, IN 47905
4
3
2995 ft2
1993
Hot
1 of 16 1555 SANDSTONE CT W
Rent To Own
 
Single Family Home
Lafayette, IN 47909
4
3
3278 ft2
2006
1 of 28 10948 S LEHE RD
Rent To Own
 
Single Family Home
Brookston, IN 47923
3
4
3136 ft2
1993
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 20 511 N MONROE ST
Rent To Own
 
Single Family Home
Williamsport, IN 47993
3
1
1722 ft2
1910
Hot
1 of 10 506 S JACKSON ST
Rent To Own
 
Single Family Home
Frankfort, IN 46041
4
2
2380 ft2
1914
1 of 22 6066 East Liberty Drive
Rent To Own
 
Multifamily (2 - 4 Units)
Monticello, IN 47960
4
4
2408 ft2
1986
502 E SOUTH ST
Rent To Own
 
Townhouse/Condo
Lebanon, IN 46052
4
2
2100 ft2
1881
4855 E4.9
Rent To Own
 
Single Family Home
Monticello, IN 47960
3
1
1446 ft2
1955
619 WILSHIRE AVE
Fannie Mae/Freddie Mac
Barbarry Heights
Single Family Home
West Lafayette, IN 47906
4
4
3012 ft2
1977
4336 HAYLOFT DR
REO Foreclosure
 
Single Family Home
West Lafayette, IN 47906
4
4
2433 ft2
2017
1 of 34 1301 WASHINGTON ST
Auction
Miller
Single Family Home
Lafayette, IN 47905
3
2
1584 ft2
1920
1 of 5 1715 EVERETT ST
Auction
Oakland Triangle
Single Family Home
Lafayette, IN 47905
3
1
2024 ft2
1890
1 of 26 1811 JACKSON ST
Auction
Columbian Park
Single Family Home
Lafayette, IN 47904
4
2
2226 ft2
1910
New
1921 SHASTA DR
Auction
Commanche
Single Family Home
Lafayette, IN 47909
3
1
975 ft2
1965
2498 MATCHLOCK CT
Auction
 
Single Family Home
West Lafayette, IN 47906
4
1
1572 ft2
2008
Hot
815 SOMERSET DR
REO Foreclosure
Glen Acres
Single Family Home
Lafayette, IN 47905
3
1
1344 ft2
1954
1 of 5 2215 BRADY LN
Auction
Brady Lane
Single Family Home
Lafayette, IN 47909
3
1
864 ft2
1972
3058 PORTSMOUTH DR E
Auction
 
Single Family Home
Lafayette, IN 47909
3
2
1028 ft2
1978
1 of 22 1811 SHETLAND PL
Auction
 
Townhouse/Condo
Lafayette, IN 47909
3
2
1104 ft2
2003
New
3445 OLD ROMNEY RD
REO Foreclosure
Triple Jay
Single Family Home
Lafayette, IN 47909
3
1
1120 ft2
1945
1 of 4 50 LACROSSE CT
Auction
 
Single Family Home
Lafayette, IN 47905
4
2
1375 ft2
1967
3236 RUNYON DR
Auction
 
Single Family Home
Lafayette, IN 47909
3
1
2377 ft2
2006
3922 PENBROOK LN
Auction
Potter Hollow
Single Family Home
Lafayette, IN 47905
4
2
2581 ft2
1969
212 JEFFERSON ST
Auction
 
Single Family Home
Battle Ground, IN 47920
1
1
784 ft2
1901
1306 SOURGUM LN
Auction
Amelia
Single Family Home
Lafayette, IN 47905
3
1
1874 ft2
2005
812 S WAGON WHEEL TRL
Fannie Mae/Freddie Mac
 
Single Family Home
Lafayette, IN 47909
3
2
1452 ft2
1978
Hot
4485 S 175 W
REO Foreclosure
 
Single Family Home
Lafayette, IN 47909
6
7
10626 ft2
1989
Hot
2617 MARGESSON XING
REO Foreclosure
 
Single Family Home
Lafayette, IN 47909
3
3
2440 ft2
2004
Hot
6211 HUSTON RD
REO Foreclosure
 
Single Family Home
West Lafayette, IN 47906
2
1
1344 ft2
1958
1 of 47 429 BLAKELY DR
Auction
 
Single Family Home
Lafayette, IN 47905
3
2
1492 ft2
2008
New
505 E 12TH ST
Auction
 
Single Family Home
Brookston, IN 47923
2
1
1328 ft2
1977
1 of 25 6459 W 1100 S
Auction
 
Single Family Home
Brookston, IN 47923
3
1
1904 ft2
1920
Hot New
1 of 27 733 MAIN ST
REO Foreclosure
 
Single Family Home
Dayton, IN 47941
3
1
2112 ft2
1900
103 TIMMONS ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Otterbein, IN 47970
4
2
1780 ft2
1910
New
505 S MAIN ST
Auction
 
Single Family Home
Otterbein, IN 47970
4
1
1356 ft2
1945
Hot
9217 YORKTOWN ST
REO Foreclosure
 
Single Family Home
Stockwell, IN 47983
3
1
2133 ft2
1900
Hot
1 of 12 10111 1ST ST
REO Foreclosure
 
Single Family Home
Lafayette, IN 47905
2
1
1392 ft2
1940
New
1 of 3 6809 N 1200 W
Auction
 
Single Family Home
Monticello, IN 47960
2
2
1202 ft2
1959
11926 N 400 W
REO Foreclosure
 
Single Family Home
Romney, IN 47981
3
2
1512 ft2
1996
Hot
10891 N WEEKLY LN W
REO Foreclosure
 
Single Family Home
New Richmond, IN 47967
3
2
1768 ft2
2001
1 of 5 114 W WASHINGTON ST
Auction
 
Single Family Home
New Richmond, IN 47967
3
2
1718 ft2
1959
305 S WABASH ST
Auction
 
Single Family Home
New Richmond, IN 47967
4
1
1130 ft2
1961
New
1 of 29 110 WEST ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Mulberry, IN 46058
3
1
1608 ft2
1890
Map
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Buying a Home in West Lafayette, IN

West Lafayette, IN is seeing rapid growth and West Lafayette, IN's' housing market remains not optimal with an average home price that is 8% above the 2024 national average. West Lafayette, IN is part of Tippecanoe 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 Tippecanoe is 0.93% which is below the national average, which is 0.99%.

Median Home Price in West Lafayette, IN

Median Rent in West Lafayette, IN

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

Top 4 Reasons to Move to West Lafayette, IN

Diversity of housing! West Lafayette has a variety of rental homes and rent to own houses in new neighborhoods and established areas. Chances are good that you can find an ideal property in a neighborhood of your choice. Look for homes along the Wabash River, which separates the community from its sister city of Lafayette. Or find one nearer to the Celery Bog Nature Center, a 195-acre area of wetlands, woods and fields.

Parks, playgrounds, sports, and culture! As might be expected, many of the concerts and performances at Purdue are well-attended and much appreciated by residents of the town. But the city is also proud of its parks, playgrounds, recreation centers, and sports facilities, and has ample facilities and programs for those who want to get and stay fit. Riverside Skating Center (outdoor ice skating) is a popular destination in winter, and during warmer weather, there's an active adult softball league that plays at the Blessed Sacrament Field. There are also 27 miles of paved trails that connect to 10 miles of bicycle paths in the city.

Home prices rising! Median home sale prices have been increasing steadily over the past four years, and while prices are higher here than in the rest of the state, there are still many good values to be found. If you're looking for property, you will have your choice of older, traditional homes on tree-lined streets or a variety of newer homes, townhouses, and condos in pleasant neighborhoods. Meet your neighbors at the popular farmers market in season, then treat yourselves to ice cream afterwards at The Silver Dipper or a drink at Scotty's Brewhouse.

Feast of the Hunters' Moon festival! You have to experience it to believe it, the first weekend of October is like no other. Fife and Drum Corps, Native American groups, Voyageurs, British troops, bagpipes, food, crafts, and a living Quiatenon village--it's all there, a re-enactor's delight. During the rest of the year, feast on delicious food from O'Bryan's Nine Irish Brothers or enjoy a special white-tablecloth meal at Sunset Restaurant and Grill.