Rent to own Homes in Luther, MI

Luther, MI is a great place for affordable rent-to-own homes! With a median household income of over $42,778 and a median rent of $865, the Luther, 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 Luther, 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 Luther, MI rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
613 PINE ST
Rent To Own
 
Single Family Home
Luther, MI 49656
4
1
2141 ft2
1940
2895 E 42ND ST
Rent To Own
 
Single Family Home
Idlewild, MI 49642
2
1
1560 ft2
1965
5646 E 68TH ST
Rent To Own
 
Single Family Home
Chase, MI 49623
2
1
910 ft2
1977
9447 210TH AVE
Rent To Own
 
Single Family Home
Reed City, MI 49677
3
2
1458 ft2
2005
Hot
1 of 9 2887 W CASS RD
Rent To Own
 
Single Family Home
Baldwin, MI 49304
1
1
0 ft2
2249 W 12 MILE RD
Rent To Own
 
Single Family Home
Irons, MI 49644
2
1
1100 ft2
1985
617 W UPTON AVE
Rent To Own
 
Single Family Home
Reed City, MI 49677
2
1
850 ft2
1950
4611 & 4655 Seaman Road
Rent To Own
 
Single Family Home
Irons, MI 49644
4
2
1620 ft2
1981
1 of 5 3347 North Warfield Road
Rent To Own
 
Multifamily (2 - 4 Units)
Harrietta, MI 49638
3
2
1500 ft2
1998
224 ARBUTUS AVE
Rent To Own
 
Single Family Home
Cadillac, MI 49601
2
1
1008 ft2
1965
Hot
203 ELM ST
Rent To Own
 
Single Family Home
Hersey, MI 49639
3
1
800 ft2
1900
9731 N Bass Lake Road Road
Rent To Own
 
Single Family Home
Irons, MI 49644
2
1
1350 ft2
1960
1 of 31 9629 N KINGS PT
Rent To Own
 
Single Family Home
Irons, MI 49644
3
3
2300 ft2
1940
Hot
1 of 30 618 S LAKE ST
Rent To Own
 
Townhouse/Condo
Cadillac, MI 49601
2
3
1600 ft2
2001
110 N PARK ST
Rent To Own
 
Single Family Home
Cadillac, MI 49601
3
1
1000 ft2
1930
1 of 14 3276 Cecil Road
Rent To Own
 
Multifamily (2 - 4 Units)
Cadillac, MI 49601
3
1
1200 ft2
1960
11307 NORTHLAND DR
Rent To Own
 
Single Family Home
Big Rapids, MI 49307
3
1
1060 ft2
1972
513 N PINE ST
Rent To Own
 
Single Family Home
Evart, MI 49631
3
1
1333 ft2
1901
1 of 19 6222 E INTERLOCHEN RD
Rent To Own
 
Single Family Home
Fountain, MI 49410
3
1
1050 ft2
1983
19126 OBERT DR
Rent To Own
 
Single Family Home
Big Rapids, MI 49307
4
1
1044 ft2
1983
Hot
1 of 10 23199 90TH AVE
Rent To Own
 
Single Family Home
Evart, MI 49631
3
1
0 ft2
14148 60TH AVE
Rent To Own
 
Single Family Home
Evart, MI 49631
4
2
1260 ft2
1940
10845 Percy Lane, 27
Rent To Own
 
Single Family Home
Mecosta, MI 49332
3
2
960 ft2
2020
1 of 22 8199 MAIDENS RD
Rent To Own
 
Single Family Home
Bear Lake, MI 49614
4
3
2524 ft2
2003
1 of 16 5355 BIRCH ISLAND DR
Rent To Own
 
Single Family Home
Barryton, MI 49305
2
2
840 ft2
1991
3809 White River Dr Drive
Rent To Own
 
Single Family Home
Hesperia, MI 49421
4
1
1000 ft2
1985
1 of 5 11788 E 4 MILE RD
Auction
 
Single Family Home
Leroy, MI 49655
3
2
1560 ft2
4103 E 40TH ST
REO Foreclosure
 
Single Family Home
Chase, MI 49623
3
1
1120 ft2
2000
1 of 5 9311 E 48TH ST
Auction
 
Single Family Home
Chase, MI 49623
3
1
1400 ft2
1 of 20 13656 220TH AVE
REO Foreclosure
 
Single Family Home
Leroy, MI 49655
3
2
1904 ft2
2006
Hot
2617 W EUCLID ST
REO Foreclosure
 
Single Family Home
Baldwin, MI 49304
4
1
1600 ft2
3802 Pinedale Drive
REO Foreclosure
 
Single Family Home
Harrietta, MI 49638
3
2
2500 ft2
1986
1 of 2 107 CASS ST
Auction
 
Single Family Home
Tustin, MI 49688
4
1
2000 ft2
1 of 4 422 HUSTON ST
Auction
 
Single Family Home
Cadillac, MI 49601
3
2
1268 ft2
709 LEESON AVE
REO Foreclosure
 
Single Family Home
Cadillac, MI 49601
3
1
1274 ft2
1940
1 of 13 709 SUNSET LN
Auction
 
Single Family Home
Cadillac, MI 49601
3
1
968 ft2
617 ELMER ST
Auction
 
Single Family Home
Cadillac, MI 49601
2
1
1042 ft2
219 ROBERTSON ST
REO Foreclosure
 
Single Family Home
Cadillac, MI 49601
1
1
720 ft2
1973
1 of 27 120 COPIER ST
Auction
 
Single Family Home
Cadillac, MI 49601
3
1
1075 ft2
114 HERSEY ST
REO Foreclosure
 
Single Family Home
Cadillac, MI 49601
3
1
900 ft2
2002
218 N Simons Street
REO Foreclosure
 
Single Family Home
Cadillac, MI 49601
3
1
1390 ft2
1900
1 of 5 321 HOWARD ST
Auction
 
Single Family Home
Cadillac, MI 49601
3
2
2012 ft2
New
1 of 94 308 N PARK ST
REO Foreclosure
 
Single Family Home
Cadillac, MI 49601
3
1
1440 ft2
1 of 30 414 E RIVER ST
REO Foreclosure
 
Single Family Home
Cadillac, MI 49601
4
1
1522 ft2
1900
Map
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Buying a Home in Luther, MI

Luther, MI is seeing rapid growth and Luther, MI's' housing market remains optimal with an average home price that is -64% below the 2024 national average. Luther, MI is part of Lake 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 Lake is 1.05% which is above the national average, which is 0.99%.

Median Home Price in Luther, MI

Median Rent in Luther, MI

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