Rent to own Homes in Leonard, MI

Leonard, MI is a great place for affordable rent-to-own homes! With a median household income of over $59,583 and a median rent of $1,083, the Leonard, 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 Leonard, 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 Leonard, MI rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1375 RED BARN DR
Rent To Own
 
Single Family Home
Oxford, MI 48371
3
1
2028 ft2
1966
1 of 14 525 Maloney Street
Rent To Own
 
Multifamily (2 - 4 Units)
Oxford, MI 48371
3
3
2519 ft2
1977
1002 MAHAFFEY AVE
Rent To Own
 
Single Family Home
Rochester, MI 48307
3
2
1017 ft2
1958
3680 ALLEN RD
Rent To Own
 
Single Family Home
Ortonville, MI 48462
4
4
4400 ft2
1991
1442 RILEY CENTER RD
Rent To Own
 
Single Family Home
Riley, MI 48041
3
2
1853 ft2
1991
14050 MANHATTAN ST
Rent To Own
 
Single Family Home
Oak Park, MI 48237
3
2
1061 ft2
1949
24120 OXFORD ST
Rent To Own
 
Single Family Home
Clinton Township, MI 48036
3
3
1900 ft2
1953
502 ALBANY ST
Rent To Own
Downtown Ferndale
Single Family Home
Ferndale, MI 48220
3
1
1150 ft2
1928
8685 FORD AVE
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
3
1
1200 ft2
1948
11092 PACKARD AVE
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
2
1
850 ft2
1951
204 W BRENTWOOD ST
Rent To Own
State Fair-Nolan
Single Family Home
Highland Park, MI 48203
3
1
1056 ft2
1951
13057 PROSPECT AVE
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
2
1
900 ft2
1952
15484 NORTHLAWN ST
Rent To Own
Harmony Village
Single Family Home
Detroit, MI 48238
3
1
1243 ft2
1926
134 N MILFORD RD
Rent To Own
Downtown Highland
Single Family Home
Highland, MI 48357
1
2
1808 ft2
1885
42260 FIVE MILE RD
Rent To Own
 
Single Family Home
Plymouth, MI 48170
4
3
2414 ft2
2014
Hot
1 of 77 5392 VICTORIAN MDWS
Rent To Own
 
Single Family Home
Dryden, MI 48428
3
4
2450 ft2
1999
1 of 9 5095 WHITNEY ERIN CT
Rent To Own
 
Single Family Home
Almont, MI 48003
4
4
3000 ft2
2003
Hot
500 N CONKLIN RD
Rent To Own
 
Single Family Home
Lake Orion, MI 48362
3
2
1692 ft2
2021
1 of 28 1760 ORION RD
Rent To Own
Oakland
Single Family Home
Oakland, MI 48363
4
3
3086 ft2
1985
New
158 W DRAHNER RD
Rent To Own
 
Single Family Home
Oxford, MI 48371
2
2
1590 ft2
1960
1 of 13 46 1ST ST
Rent To Own
 
Single Family Home
Oxford, MI 48371
3
2
1371 ft2
1888
304 LAKEVIEW ST
Rent To Own
 
Single Family Home
Lake Orion, MI 48362
3
3
2219 ft2
1930
4590 GREEN MEADOW LN
Rent To Own
Oakland
Single Family Home
Rochester, MI 48306
5
6
4253 ft2
1999
Hot
1 of 30 6278 DANA ROSE DR
Rent To Own
 
Townhouse/Condo
Washington, MI 48094
2
3
2194 ft2
2013
Hot
1 of 20 6084 ADAMS CT
Rent To Own
 
Single Family Home
Washington, MI 48094
3
3
3254 ft2
2005
1 of 25 980 FAIRLEDGE ST
Rent To Own
 
Single Family Home
Lake Orion, MI 48362
3
2
1464 ft2
1981
1 of 38 177 COACHLAMP RD
Rent To Own
Oakland
Single Family Home
Rochester, MI 48306
3
2
2010 ft2
1971
1 of 44 72856 TEAL CT
Rent To Own
 
Townhouse/Condo
Bruce Twp, MI 48065
4
4
4579 ft2
1998
1634 COVINGTON WOODS LN
Rent To Own
 
Single Family Home
Lake Orion, MI 48360
4
6
3202 ft2
2004
1 of 17 59700 GLACIER CT
Rent To Own
 
Townhouse/Condo
Washington, MI 48094
4
3
2352 ft2
1999
1 of 18 283 FOUR SEASONS DR
Rent To Own
 
Townhouse/Condo
Lake Orion, MI 48360
3
4
1865 ft2
2000
Hot
1 of 32 1188 CLOVERDALE DR
Rent To Own
 
Townhouse/Condo
Lake Orion, MI 48359
4
4
3333 ft2
2014
1 of 41 56456 ASHBROOKE DR E
Rent To Own
 
Single Family Home
Shelby Township, MI 48316
4
4
3746 ft2
2000
1 of 21 McFadden rd.
Rent To Own
 
Multifamily (2 - 4 Units)
Armada, MI 48005
5
3
3590 ft2
2002
Hot
310 W 1ST ST
Rent To Own
 
Single Family Home
Imlay City, MI 48444
3
1
1388 ft2
1900
Hot
1 of 25 1254 KINGS COVE DR
Rent To Own
 
Townhouse/Condo
Rochester Hills, MI 48306
3
3
1408 ft2
1974
Hot
1 of 22 4738 MIDDLEBURY DR
Rent To Own
 
Townhouse/Condo
Lake Orion, MI 48359
4
3
2600 ft2
2007
Hot
1 of 13 7009 BOULDER POINTE DR
Rent To Own
 
Townhouse/Condo
Washington, MI 48094
2
2
1425 ft2
2016
1 of 46 57586 JUNCTION CT
Rent To Own
 
Townhouse/Condo
Washington, MI 48094
3
3
2450 ft2
2010
Hot
1 of 11 55047 MEADOW RIDGE CT
Rent To Own
 
Single Family Home
Shelby Township, MI 48316
4
3
3649 ft2
2001
1 of 38 4156 WINTER DR
Rent To Own
 
Townhouse/Condo
Shelby Township, MI 48316
3
4
2268 ft2
2001
Hot
1 of 28 4337 SUMMER PL
Rent To Own
 
Townhouse/Condo
Shelby Township, MI 48316
3
3
1811 ft2
2004
1 of 43 769 ENGLEWOOD DR
Rent To Own
 
Single Family Home
Rochester Hills, MI 48309
5
2
2738 ft2
1985
Hot
1 of 31 500 ELIZABETH ST #201
Rent To Own
 
Townhouse/Condo
Rochester, MI 48307
1
1
611 ft2
1966
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Buying a Home in Leonard, MI

Leonard, MI is seeing rapid growth and Leonard, MI's' housing market remains optimal with an average home price that is -20% below the 2024 national average. Leonard, MI is part of Oakland 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 Oakland is 1.75% which is above the national average, which is 0.99%.

Median Home Price in Leonard, MI

Median Rent in Leonard, MI

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