Rent to own Homes in Mackinac Island, MI

Mackinac Island, MI is a great place for affordable rent-to-own homes! With a median household income of over $43,125 and a median rent of $777, the Mackinac Island, 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 Mackinac Island, 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 Mackinac Island, MI rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 63
1 of 7 3561 eckel dr
Rent To Own
 
Multifamily (2 - 4 Units)
Mackinac Island, MI 49757
3
3
1863 ft2
1989
1 of 17 605 S HURON ST
Rent To Own
 
Single Family Home
Cheboygan, MI 49721
4
2
2800 ft2
7935 BAY SKIES CT
Rent To Own
 
Townhouse/Condo
Harbor Springs, MI 49740
4
5
4020 ft2
2018
Hot
1 of 7 9871 PINE TREE TRL
Rent To Own
 
Single Family Home
Millersburg, MI 49759
3
2
1420 ft2
2004
1 of 4 214 MAPLE ST
Auction
 
Single Family Home
Cheboygan, MI 49721
2
1
854 ft2
New
800 HARRISON ST
Auction
 
Single Family Home
Harbor Springs, MI 49740
3
1
1456 ft2
1976
1 of 30 405 DUNCAN AVE
Rent To Own
 
Single Family Home
Cheboygan, MI 49721
0
0
2600 ft2
2 Forest Dr
Rent To Own
 
Single Family Home
Mackinac Island, MI 49757
0
0
0 ft2
1 of 3 8000 hwy 23
Rent To Own
 
Multifamily (2 - 4 Units)
Mackinaw City, MI 79701
0
0
0 ft2
1 of 8 Scenic Drive
Rent To Own
 
Multifamily (2 - 4 Units)
Barbeau, MI 49710
0
0
3162459 ft2
281 HIGH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Saint Ignace, MI 49781
0
0
0 ft2
New
6926 PARADISE TRL
Auction
 
Single Family Home
Carp Lake, MI 49718
0
0
0 ft2
1102 HANCOCK ST
Auction
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
New
1 of 49 123 N WESTERN AVE
Auction
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
900 LOCUST ST
Auction
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
333 N HURON ST
Auction
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
Land locked forested
REO Foreclosure
 
Single Family Home
Hebron Township, MI 49721
0
0
0 ft2
511 E STATE ST
Auction
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
1 of 5 511 7TH ST
Auction
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
505 DUNCAN AVE
REO Foreclosure
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
1 of 5 9820 SILVER STRAND RD
Auction
 
Single Family Home
Levering, MI 49755
0
0
0 ft2
3466 E SAINT IGNACE RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Hessel, MI 49745
0
0
0 ft2
12654 ABRAHAMSON RD
REO Foreclosure
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
192 W KROMILLER RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Cedarville, MI 49719
0
0
0 ft2
109 W WESTON AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Cedarville, MI 49719
0
0
0 ft2
New
6607 N STRAITS HWY
Auction
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
6127 PELL ST
REO Foreclosure
 
Single Family Home
Pellston, MI 49769
0
0
0 ft2
4433 INDIAN RD
Auction
 
Single Family Home
Brutus, MI 49716
0
0
0 ft2
1 of 4 3801 GREENMANS POINT RD
Auction
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
3821 E MCKAY BAY TRL
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Cedarville, MI 49719
0
0
0 ft2
1 of 4 1771 NASH RD
Auction
 
Single Family Home
Brutus, MI 49716
0
0
0 ft2
New
1 of 12 917 E DEVEREAUX LAKE RD
Auction
 
Single Family Home
Indian River, MI 49749
0
0
0 ft2
1 of 2 11107 W 1ST ST
Auction
 
Single Family Home
Rudyard, MI 49780
0
0
0 ft2
5941 N BLACK RIVER RD
Auction
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
New
170 E SCHOOL ST
Auction
 
Single Family Home
Pickford, MI 49774
0
0
0 ft2
1 of 35 4334 IVERSON DR
Auction
 
Single Family Home
Indian River, MI 49749
0
0
0 ft2
New
6150 HILL ST
Auction
 
Single Family Home
Alanson, MI 49706
0
0
0 ft2
New
1 of 50 5627 VALLEY RD
Auction
 
Single Family Home
Alanson, MI 49706
0
0
0 ft2
New
7847 LAKE ST
Auction
 
Single Family Home
Alanson, MI 49706
0
0
0 ft2
New
67 WOOD LAKE RD
Auction
 
Single Family Home
Kincheloe, MI 49788
0
0
0 ft2
New
1 of 13 9077 MILLER RD
Auction
 
Single Family Home
Alanson, MI 49706
0
0
0 ft2
4811 N STATE RD
REO Foreclosure
 
Single Family Home
Harbor Springs, MI 49740
0
2
1440 ft2
1 of 26 696 FRANKLIN ESTS
Auction
 
Townhouse/Condo
Petoskey, MI 49770
0
0
0 ft2
New
2295 S STATE RD
Auction
 
Single Family Home
Harbor Springs, MI 49740
0
0
0 ft2
Map
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Neighborhoods in Mackinac Island, MI

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Popular Zip Codes in Mackinac Island, MI

49757 rent to own homes

Buying a Home in Mackinac Island, MI

Mackinac Island, MI is seeing rapid growth and Mackinac Island, MI's' housing market remains not optimal with an average home price that is 70% above the 2024 national average. Mackinac Island, MI is part of Mackinac 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 Mackinac is 0.97% which is below the national average, which is 0.99%.

Median Home Price in Mackinac Island, MI

Median Rent in Mackinac Island, MI

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