Rent to own Homes in Augusta, ME

Officially recognized as the capital of Maine in 1827, this port town has roots tracing back to the early 1600s. Today locals celebrate the historical happenings of Augusta with Old Fort Western, Maine's only state military history museum. Modern times have brought the leading hospital, Maine General, along with the Children's Discovery Museum and a mix of housing options. With affordable housing and great options, Augusta is a place to stay!

Augusta, ME is a great place for affordable rent-to-own homes! With a median household income of over $38,842 and a median rent of $729, the Augusta, ME 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 Augusta, ME. 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 Augusta, ME rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
34 WHITE FISH RD
Rent To Own
 
Single Family Home
Winslow, ME 04901
2
1
440 ft2
1945
51 W MAIN ST
Rent To Own
 
Single Family Home
Liberty, ME 04949
2
2
1377 ft2
1 of 24 5 PARK ST
Rent To Own
 
Single Family Home
Boothbay Harbor, ME 04538
4
2
1200 ft2
1910
Hot
1 of 44 285 BENSON RD
Rent To Own
 
Single Family Home
Manchester, ME 04351
2
2
960 ft2
1972
1 of 12 China Lake
Rent To Own
 
Multifamily (2 - 4 Units)
China, ME 04358
6
4
3000 ft2
1945
19 ETERNITY DR
Rent To Own
 
Single Family Home
Litchfield, ME 04350
3
2
1900 ft2
2006
Hot
111 S ALPINE ST
Rent To Own
 
Townhouse/Condo
Oakland, ME 04963
11
3
4200 ft2
1990
Hot
1 of 10 29 ABBOTT ST
Rent To Own
 
Single Family Home
Waterville, ME 04901
3
1
1140 ft2
1942
65 East Side Road
Rent To Own
 
Single Family Home
Trevett, ME 04571
4
3
2920 ft2
2022
Hot
1 of 35 87 NORRIDGEWOCK AVE
Rent To Own
 
Single Family Home
Skowhegan, ME 04976
5
3
2800 ft2
1950
1 of 6 79 SHERBROOKE AVE
Rent To Own
 
Single Family Home
Lewiston, ME 04240
4
3
4012 ft2
1991
Hot
1 of 51 420 NEWELL BROOK RD
Rent To Own
 
Single Family Home
Durham, ME 04222
3
3
2086 ft2
2002
36 SEA KISS PT
Rent To Own
 
Single Family Home
West Bath, ME 04530
5
6
5400 ft2
2022
Hot
1 of 13 14 ROYAL OAKS DR
Rent To Own
 
Townhouse/Condo
Auburn, ME 04210
2
2
1100 ft2
1984
Hot
1 of 21 1200 MAIN RD
Rent To Own
 
Single Family Home
Phippsburg, ME 04562
3
4
3227 ft2
2006
142 RIVER RD
Rent To Own
 
Single Family Home
Detroit, ME 04929
4
2
1968 ft2
1970
1 of 19 23 SUNSET HILL RD
Rent To Own
 
Single Family Home
Palmyra, ME 04965
4
2
2500 ft2
1976
1 of 10 445 NORTH RD
Rent To Own
 
Single Family Home
Yarmouth, ME 04096
5
3
3850 ft2
2018
Hot
1 of 2 179 DEPOT RD
Rent To Own
 
Single Family Home
Gray, ME 04039
3
2
1344 ft2
1992
1 of 24 57 GREEN ST
Auction
 
Single Family Home
Augusta, ME 04330
8
4
3706 ft2
1870
New
171 NORTHERN AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Augusta, ME 04330
5
2
1708 ft2
1936
New
1 of 88 2 SPAULDING ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Augusta, ME 04330
3
2
1044 ft2
1923
New
17 CEDAR ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Augusta, ME 04330
3
2
1954 ft2
1900
795 RIVERSIDE DR
Auction
 
Single Family Home
Augusta, ME 04330
2
2
874 ft2
1940
703 W RIVER RD
REO Foreclosure
 
Single Family Home
Augusta, ME 04330
3
1
1479 ft2
1948
27 CUMBERLAND ST
REO Foreclosure
 
Townhouse/Condo
Augusta, ME 04330
5
2
2340 ft2
1918
35 CEDAR ST
REO Foreclosure
 
Single Family Home
Augusta, ME 04330
4
2
3234 ft2
1892
New
7 GOWS LN
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Hallowell, ME 04347
2
1
656 ft2
1900
318A WATER ST #B
REO Foreclosure
 
Townhouse/Condo
Hallowell, ME 04347
4
3
1001 ft2
1900
New
79 BOWMAN ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Farmingdale, ME 04344
2
1
1018 ft2
1963
1 of 39 223 WORTHING RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Manchester, ME 04351
5
2
1408 ft2
1960
New
28 AUTUMN ST
Auction
 
Single Family Home
Gardiner, ME 04345
3
2
1810 ft2
1853
New
102 HIGHLAND AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Gardiner, ME 04345
7
4
3400 ft2
1880
17 GARDINER RD
REO Foreclosure
 
Single Family Home
Whitefield, ME 04353
3
2
1120 ft2
1989
152 BRUNSWICK AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Gardiner, ME 04345
5
4
4801 ft2
1868
175 W HILL RD
REO Foreclosure
 
Single Family Home
Gardiner, ME 04345
2
1
960 ft2
1977
New
379 WINTHROP CENTER RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Winthrop, ME 04364
4
2
3000 ft2
1890
New
1 of 5 10 PRIEST HILL RD
Auction
 
Single Family Home
Vassalboro, ME 04989
6
3
2396 ft2
1925
28 BOG RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Mount Vernon, ME 04352
3
3
1704 ft2
2000
New
79 NORTH RD
Auction
 
Single Family Home
Readfield, ME 04355
2
1
560 ft2
1992
123 ALDER PARK RD
Auction
 
Single Family Home
South China, ME 04358
2
1
768 ft2
1988
14 YORKS LANE
Auction
 
Single Family Home
South Gardiner, ME 04359
3
2
1344 ft2
1 of 9 1449 HALLOWELL RD
REO Foreclosure
 
Single Family Home
Litchfield, ME 04350
3
2
832 ft2
1965
New
959 W RIVER RD
Auction
 
Single Family Home
Waterville, ME 04901
3
2
1423 ft2
1890
Map
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Neighborhoods in Augusta, ME

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Buying a Home in Augusta, ME

Augusta, ME is seeing rapid growth and Augusta, ME's' housing market remains optimal with an average home price that is -33% below the 2024 national average. Augusta, ME is part of Kennebec 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 Kennebec is 1.12% which is above the national average, which is 0.99%.

Median Home Price in Augusta, ME

Median Rent in Augusta, ME

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

Top 5 Reasons to Live in Augusta, ME

Capital city! Augusta is rich in historical and political landmarks. Tour the Governor's mansion, known as the Blaine House, where the state's governors have resided since 1820. For even more capital city fun, jog or bike through Capitol Park, visit the Maine State Museum, or pose for a picture outside the Maine State House.

Affordable properties in Augusta! Augusta ranks as one of the least expensive Maine cities in which to buy a home. Whether looking for a place for sale or a rent to own option, the median list price is just over $154,000. This is an impressive bargain compared the state median list price of $278,000 for detached homes and $214,000 for condos. Explore neighborhoods with easy access to the Maine Turnpike or Interstate 95 to remain connected to other parts of the state.

Get outdoors! Wooded landscapes abound near Augusta, especially in the more rural northeastern neighborhoods. Even if you opt for a condo in town, you can still get your fill of local flora and pine trees. The Viles Arboretum features over 200 acres of trees, flowers, hostas, and more. You can also head to Belgrades Lake for fishing or water sports.

Embrace the arts! Augusta happily celebrates the art scene with the Maine Arts Commission, which is based here in the capital. The Maine Arts Commission arranges art exhibits around town, and locals can even learn about available art walks put on by ArtWalk Maine.

Variety of real estate! Augusta manages to feature both farmland and in-town properties within its five main neighborhoods. Since 44 percent of the housing here are rental properties, it offers something for both buyers or renters. Northwestern Augusta features the large Sand Hill area, where single family homes, condos, and townhouses are found in a rural setting that is close to nearby shopping and businesses. The West Side offers historic properties close to downtown.