Rent to own Homes in Salem, MA

Enjoy a Reenactment! At the Salem's Old Town Hall, you can watch the Cry Innocent reenactment. The reenactment of the store of Bridget Bishop will allow you to see what someone went through when they were charged with the crime of witchcraft. You will be able to ask the actors questions about the puritan era, and they will answer without getting out of character.

Salem, MA is a great place for affordable rent-to-own homes! With a median household income of over $66,428 and a median rent of $1,325, the Salem, MA 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 Salem, MA. 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 Salem, MA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
6 Whittier Pl
Rent To Own
 
Townhouse/Condo
Boston, MA 02114
2
2
1272 ft2
1964
1 of 37 9 Hawthorne Pl
Rent To Own
West End
Townhouse/Condo
Boston, MA 02114
1
1
828 ft2
1967
126 G ST #2
Rent To Own
Telegraph Hill
Townhouse/Condo
South Boston, MA 02127
2
1
558 ft2
1900
5 Everett Ave #3
Rent To Own
Uphams Corner - Jones Hill
Single Family Home
Boston, MA 02125
2
1
677 ft2
1935
620 SOUTH AVE
Rent To Own
Weston
Single Family Home
Weston, MA 02493
4
4
5246 ft2
1980
50 Newfields Rd #1
Rent To Own
 
Single Family Home
Exeter, NH 03833
3
3
1849 ft2
1925
1 of 45 25 APPLEBY RD
Rent To Own
 
Single Family Home
Salem, MA 01970
4
2
2080 ft2
1964
1 of 7 22 #2 Wisteria Street
Rent To Own
 
Multifamily (2 - 4 Units)
Salem, MA 01970
2
1
2383 ft2
1910
47 GLENWOOD ST
Rent To Own
Lynn
Single Family Home
Lynn, MA 01902
2
2
1226 ft2
1905
11 BELLAIR ST
Rent To Own
Lynn
Townhouse/Condo
Lynn, MA 01902
8
5
4642 ft2
1923
Hot
1 of 18 9 JUNIPER VALLEY CT
Rent To Own
Beverly
Single Family Home
Beverly, MA 01915
4
3
4200 ft2
1986
Hot
1 of 21 22 MILLBROOK RD
Rent To Own
Beverly
Single Family Home
Beverly, MA 01915
3
1
1246 ft2
1958
1 of 33 30 Margin Street
Rent To Own
 
Multifamily (2 - 4 Units)
Lynn, MA 01905
2
3
1430 ft2
1988
1 of 31 21 SLEEPY HOLLOW RD
Rent To Own
Danvers
Single Family Home
Topsfield, MA 01983
3
3
2600 ft2
1964
Hot
1 of 46 32 CAMERON ST
Rent To Own
Glendale
Townhouse/Condo
Everett, MA 02149
8
8
3880 ft2
2018
1 of 29 175 COTTAGE ST #615
Rent To Own
Chelsea
Townhouse/Condo
Chelsea, MA 02150
2
2
1166 ft2
2005
1 of 5 43 MAGNOLIA ST
Rent To Own
Maplewood
Townhouse/Condo
Malden, MA 02148
5
2
1918 ft2
1900
8 WALNUT ST #10
Rent To Own
Glendale
Townhouse/Condo
Everett, MA 02149
1
1
600 ft2
1920
8 WALNUT ST #16
Rent To Own
Glendale
Townhouse/Condo
Everett, MA 02149
1
1
600 ft2
1920
8 Walnut St APT 8
Rent To Own
Glendale
Single Family Home
Everett, MA 02149
1
1
510 ft2
1920
1 of 25 36 HIGH ST
Rent To Own
Ipswich
Townhouse/Condo
Ipswich, MA 01938
2
3
2266 ft2
1900
1 of 18 372 BUNKER HILL ST
Rent To Own
Medford Street - The Neck
Multifamily (2 - 4 Units)
Charlestown, MA 02129
1
1
520 ft2
1999
1 of 27 38A Charter Street
Rent To Own
North End
Multifamily (2 - 4 Units)
Boston, MA 02113
1
1
478 ft2
1 of 18 116 N ST
Rent To Own
City Point
Multifamily (2 - 4 Units)
South Boston, MA 02127
2
2
1141 ft2
1910
Hot
1 of 15 64 SEARLE ST
Rent To Own
 
Single Family Home
Georgetown, MA 01833
3
2
2032 ft2
1992
Hot
1 of 8 67 HILLSIDE ST
Rent To Own
 
Single Family Home
Rowley, MA 01969
4
3
2369 ft2
1998
1 of 9 41 & 43 Glenwood Road
Rent To Own
Somerville
Multifamily (2 - 4 Units)
Somerville, MA 02145
6
2
2500 ft2
1900
1 of 11 70 Clarendon Street, #2
Rent To Own
South End
Multifamily (2 - 4 Units)
Boston, MA 02116
2
1
780 ft2
20 SPRING ST
Rent To Own
Somerville
Townhouse/Condo
Somerville, MA 02143
3
2
1750 ft2
1890
34 WINDSOR RD
Rent To Own
Somerville
Townhouse/Condo
Somerville, MA 02144
6
4
3619 ft2
1915
104 POWDER HOUSE BLVD
Rent To Own
Medford Hillside
Townhouse/Condo
Somerville, MA 02144
5
3
3353 ft2
1800
416 Massachusetts Ave G
Rent To Own
South End
Townhouse/Condo
Boston, MA 02118
2
2
1574 ft2
1 of 12 85 PEARL ST
Rent To Own
Cambridge
Single Family Home
Cambridge, MA 02139
5
2
1926 ft2
1861
43 Westland Ave 409
Rent To Own
Fenway - Kenmore - Audubon Circle - Longwood
Townhouse/Condo
Boston, MA 02115
1
1
847 ft2
2014
1 of 9 51 Hemenway Street, Unit B1
Rent To Own
Fenway - Kenmore - Audubon Circle - Longwood
Multifamily (2 - 4 Units)
Boston, MA 02115
2
1
643 ft2
1900
45 LONGWOOD AVE #107
Rent To Own
Coolidge Corner
Townhouse/Condo
Brookline, MA 02446
2
2
1430 ft2
1968
1 of 25 40 Kenwood Street
Rent To Own
Coolidge Corner
Multifamily (2 - 4 Units)
Brookline, MA 02446
3
2
1370 ft2
1910
1 of 24 16 Greenough Street, Unit 1
Rent To Own
 
Multifamily (2 - 4 Units)
Brookline, MA 02445
3
3
2520 ft2
1 of 24 329 SOUTHERN ARTERY
Rent To Own
 
Single Family Home
Quincy, MA 02169
3
2
1218 ft2
1915
1 of 10 9 COLONIAL VILLAGE DR
Rent To Own
Arlington Heights
Townhouse/Condo
Arlington, MA 02474
1
1
665 ft2
1962
15-17 CUSHMAN RD
Rent To Own
St. Elizabeth's
Townhouse/Condo
Brighton, MA 02135
8
3
2600 ft2
1900
1 of 9 619 South Main Street
Rent To Own
Central Bradford
Multifamily (2 - 4 Units)
Haverhill, MA 01835
2
1
1024 ft2
1986
53 Warren St
Rent To Own
High Street Neighborhood
Multifamily (2 - 4 Units)
Newburyport, MA 01950
1
2
787 ft2
1995
1 of 9 25 WHITTEMORE RD
Rent To Own
Newton Corner
Single Family Home
Newton, MA 02458
4
2
1432 ft2
1940
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Buying a Home in Salem, MA

Salem, MA is seeing rapid growth and Salem, MA's' housing market remains not optimal with an average home price that is 74% above the 2024 national average. Salem, MA is part of Essex 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 Essex is 1% which is above the national average, which is 0.99%.

Median Home Price in Salem, MA

Median Rent in Salem, MA

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

Top 8 Reasons to Live in Salem, MA

Learn about History in 3-D! The 3-D Salem Time Machine will allow you to learn everything there is to know about Salem in a 3-D walk-thru experience. The sets are designed to be of movie quality standards to ensure that your experience is as enjoyable as it can possibly be. Afterwards, head over to Peabody Essex Museum for a more traditional take on history.

Great Neighborhoods Available! With an average rental cost of only $1,050, many homeowners are able to find great rent to own houses in wonderful neighborhoods such as Collins Cove and Fay Estate, where you will be close to stores and restaurants without being exposed to a lot of hustle and bustle.

Show Your Brave Side! The Haunted Witch Village is a haunted house that has been running longer than many other houses. There is also a maze on site that you can visit to see just how brave you are when you don't know your way out. While you're here, check out the Salem Wax Museum nearby.

Numerous Rent to Own Properties Available! Many neighborhoods have numerous rent to own homes available. Bakers Island is one example of an area that is set a little apart from the rest of the city. If you want to live a little closer to the center of the action, look for homes in Northfields. The low 6.34% vacancy rate means you must act quickly to avoid competition.

Arr Matey! You can learn about the New England pirates - such as Captains Kidd and Blackbeard - in a guided tour at the New England Pirate Museum, which is on Derby Street. There are adventures that you can watch recreated in front of you for an up-close and personal experience.

Have a Whale of a Tale to Tell! The Capt. Bille & Sons Whale Watch is sure to create memories that you will cherish forever. Being able to see whales in their natural habitat is an experience that you have to see to believe. The Salem Ferry offers another opportunity for you to watch whales in the water.

Home Values Are on the Rise! Home values have risen in Salem over $100,000 in less than twelve years. This is the best time for you to invest in rent to own houses because the value of the homes should continue to rise. Check out South Salem and Gallows Hill for some nice homes.