Rent to own Homes in Chatham, MI

Chatham, MI is a great place for affordable rent-to-own homes! With a median household income of over $46,500 and a median rent of $546, the Chatham, MI 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 Chatham, MI. 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 Chatham, MI rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 31 of 31
1 of 32 10071 S.6 RD
Rent To Own
 
Single Family Home
Rapid River, MI 49878
3
2
1201 ft2
1 of 25 3825 State Hwy 67
Rent To Own
 
Multifamily (2 - 4 Units)
Chatham, MI 49816
3
2
1800 ft2
2005
1 of 27 E7306 W. State Highway M-28
Rent To Own
 
Multifamily (2 - 4 Units)
Christmas, MI 49862
4
1
1700 ft2
1970
0 M94
Rent To Own
 
Single Family Home
Skandia, MI 49885
2
1
960 ft2
2000
Hot
1 of 13 112 BREWER DR
Rent To Own
 
Single Family Home
Marquette, MI 49855
4
4
2700 ft2
2006
Hot
1 of 13 124 E MAIN ST
Rent To Own
 
Single Family Home
Marquette, MI 49855
3
3
1774 ft2
1992
Hot
1 of 18 8 GROVE HILL CT
Rent To Own
 
Single Family Home
Marquette, MI 49855
3
2
1900 ft2
1984
Hot
1 of 30 65 TIPPERARY RD
Rent To Own
 
Single Family Home
Gladstone, MI 49837
3
3
1896 ft2
2010
1 of 24 5218 19.85 LN
Rent To Own
 
Single Family Home
Gladstone, MI 49837
4
1
1248 ft2
1972
New
295 KAWBAWGAM RD
Auction
 
Single Family Home
Marquette, MI 49855
3
1
1250 ft2
1972
14041 AIRPORT F.5 RD
REO Foreclosure
 
Single Family Home
Rock, MI 49880
3
2
2118 ft2
1977
New
439 N NOREN LAKE DR
Auction
 
Single Family Home
Gwinn, MI 49841
3
1
840 ft2
1993
1 of 37 28 SICOTTE RD
Auction
 
Single Family Home
Marquette, MI 49855
3
1
1504 ft2
1974
New
374 HARRISON ST
Auction
 
Single Family Home
Marquette, MI 49855
3
2
1668 ft2
1895
New
200 CARBON ST
Auction
 
Single Family Home
Gwinn, MI 49841
2
3
720 ft2
1950
New
2351 ALLEN ST
Auction
 
Single Family Home
Marquette, MI 49855
2
1
918 ft2
1959
New
718 SILVER CREEK RD
Auction
 
Single Family Home
Marquette, MI 49855
2
1
784 ft2
1960
Hot
1 of 4 2024 N CREEK DR
Rent To Own
 
Townhouse/Condo
Marquette, MI 49855
0
0
0 ft2
Vacant parcel, near Cayer Rd
REO Foreclosure
 
Single Family Home
Mathias Township, MI 49891
0
0
0 ft2
County Road I 18
REO Foreclosure
 
Single Family Home
Masonville Township, MI 49878
0
0
0 ft2
1 of 5 1486 CENTER ST
Auction
 
Single Family Home
Munising, MI 49862
0
0
0 ft2
New
1277 COUNTY ROAD 545 S
Auction
 
Single Family Home
Skandia, MI 49885
0
1
1024 ft2
14350 STATE HIGHWAY M35
Auction
 
Single Family Home
Rock, MI 49880
0
0
0 ft2
3390 SAINT NICHOLAS 31ST RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Rock, MI 49880
0
0
0 ft2
711 N 16TH ST
Auction
 
Single Family Home
Gladstone, MI 49837
0
0
0 ft2
1 of 64 1408 MICHIGAN AVE
Auction
 
Single Family Home
Gladstone, MI 49837
0
0
0 ft2
5594 RIVERS 22ND RD
Auction
 
Single Family Home
Gladstone, MI 49837
0
0
0 ft2
New
6257 WESTRIDGE 21.25 DR
Auction
 
Single Family Home
Gladstone, MI 49837
0
0
0 ft2
END COUNTY ROAD SC
Pre-Foreclosure (NOD)
 
Single Family Home
Scio, MI 48130
0
1
480 ft2
1 of 56 75 E STEPHENSON AVE
Auction
 
Single Family Home
Gwinn, MI 49841
0
2
1536 ft2
1910
9010 LL RD
Auction
 
Single Family Home
Rapid River, MI 49878
0
0
0 ft2
Map
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Buying a Home in Chatham, MI

Chatham, MI is seeing rapid growth and Chatham, MI's' housing market remains optimal with an average home price that is -43% below the 2024 national average. Chatham, MI is part of Alger 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 Alger is 1.06% which is above the national average, which is 0.99%.

Median Home Price in Chatham, MI

Median Rent in Chatham, MI

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