Rent to own Homes in South Monroe, MI

South Monroe, MI is a great place for affordable rent-to-own homes! With a median household income of over $45,292 and a median rent of $765, the South Monroe, 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 South Monroe, 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 South Monroe, MI rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
4652 ALLORE RD
Rent To Own
 
Single Family Home
Newport, MI 48166
2
1
816 ft2
1950
Hot
274 WALBRIDGE AVE
Rent To Own
Southside
Single Family Home
Toledo, OH 43609
2
1
936 ft2
1907
1 of 24 4612 W LASKEY RD
Rent To Own
 
Single Family Home
Toledo, OH 43623
4
3
2430 ft2
1979
424 HIETT AVE
Rent To Own
Southside
Single Family Home
Toledo, OH 43609
2
1
770 ft2
1907
45669 HARMONY LN
Rent To Own
 
Single Family Home
Van Buren Township, MI 48111
4
2
0 ft2
1966
20592 MAPLEWOOD ST
Rent To Own
 
Single Family Home
Riverview, MI 48193
4
3
2472 ft2
1974
1 of 4 3236 SCHNEIDER RD
Rent To Own
Glendale-Heatherdowns
Single Family Home
Toledo, OH 43614
3
2
1556 ft2
1926
Hot
13518 POPLAR ST
Rent To Own
 
Single Family Home
Southgate, MI 48195
2
1
660 ft2
1949
25404 HANOVER ST
Rent To Own
 
Single Family Home
Dearborn Heights, MI 48125
2
3
1344 ft2
1940
51319 GEDDES RD
Rent To Own
 
Single Family Home
Canton, MI 48188
2
1
823 ft2
1937
7274 Lamphere St
Rent To Own
Cody-Rouge
Single Family Home
Detroit, MI 48239
2
1
748 ft2
1949
42260 FIVE MILE RD
Rent To Own
 
Single Family Home
Plymouth, MI 48170
4
3
2414 ft2
2014
8900 E Jefferson Ave APT 718
Rent To Own
Belle Isle
Single Family Home
Detroit, MI 48214
1
1
600 ft2
1966
15117 S DIXIE HWY
Rent To Own
South Monroe
Single Family Home
Monroe, MI 48161
3
3
2500 ft2
1884
15006 WOODPINE DR
Rent To Own
South Monroe
Single Family Home
Monroe, MI 48161
3
4
2467 ft2
1975
3636 HEISS RD
Rent To Own
 
Single Family Home
Monroe, MI 48162
4
2
2044 ft2
1969
1 of 17 6348 Sterling Road
Rent To Own
 
Multifamily (2 - 4 Units)
Newport, MI 48166
3
2
1662 ft2
1947
1 of 19 76 W SUB STATION RD
Rent To Own
 
Single Family Home
Temperance, MI 48182
3
3
2828 ft2
1994
1 of 68 11669 ROBINSHIRE ST
Rent To Own
 
Single Family Home
Temperance, MI 48182
5
4
5304 ft2
2004
Hot
1 of 7 4758 296TH ST
Rent To Own
Point Place
Single Family Home
Toledo, OH 43611
2
1
645 ft2
1919
Hot
1 of 12 1664 SPRUCE CT
Rent To Own
Temperance
Townhouse/Condo
Temperance, MI 48182
2
2
1429 ft2
1998
New
1 of 77 1817 BRAGDEN DR
Rent To Own
 
Single Family Home
Temperance, MI 48182
4
3
2653 ft2
1994
855 REGINA PKWY
Rent To Own
North Towne
Single Family Home
Toledo, OH 43612
4
2
1696 ft2
1965
Hot
1 of 22 716 FALCON DR
Rent To Own
 
Townhouse/Condo
Dundee, MI 48131
3
2
1309 ft2
2015
Hot
1 of 9 3353 ELM ST
Rent To Own
Lagrange
Multifamily (5+ Units)
Toledo, OH 43608
4
2
1800 ft2
1912
1 of 18 14030 TUTTLEHILL RD
Rent To Own
 
Single Family Home
Milan, MI 48160
3
2
1880 ft2
1999
Hot
1 of 26 34 DRAKE BLVD
Rent To Own
 
Single Family Home
Oregon, OH 43616
3
3
2194 ft2
2016
1 of 7 3713-3715 Seaman Road
Rent To Own
 
Multifamily (2 - 4 Units)
Oregon, OH 43616
4
3
2850 ft2
1999
Hot
1 of 5 1612 DENVER AVE
Rent To Own
East Toledo
Multifamily (5+ Units)
Toledo, OH 43605
3
3
2339 ft2
1917
Hot
1 of 20 201 RAYMER BLVD
Rent To Own
East Toledo
Multifamily (5+ Units)
Toledo, OH 43605
4
2
2168 ft2
1929
1 of 23 20671 SHERWOOD RD
Rent To Own
 
Single Family Home
Belleville, MI 48111
4
3
2275 ft2
1979
1 of 8 20053 MERRIMAN RD
Rent To Own
 
Single Family Home
Romulus, MI 48174
4
2
1560 ft2
1964
5509 CLOVER LN
Rent To Own
Franklin Park
Single Family Home
Toledo, OH 43623
3
1
999 ft2
1961
24328 Foxmoor Blvd
Rent To Own
 
Multifamily (2 - 4 Units)
Woodhaven, MI 33525
4
4
2570 ft2
1996
Hot
1 of 27 27158 DEBIASI DR
Rent To Own
 
Single Family Home
Romulus, MI 48174
4
3
3150 ft2
2004
Hot
1 of 17 913 ATKINS ST
Rent To Own
East Toledo
Single Family Home
Toledo, OH 43605
2
1
1210 ft2
1958
1 of 13 8115 THETFORD LN
Rent To Own
 
Single Family Home
Willis, MI 48191
3
2
0 ft2
2007
1 of 19 5445 SILVERTOWN DR
Rent To Own
Sylvania
Single Family Home
Sylvania, OH 43560
5
3
2400 ft2
1929
Hot
1 of 10 2624 JODORE AVE
Rent To Own
Ottawa Hills
Single Family Home
Toledo, OH 43606
3
2
1116 ft2
1951
1 of 25 42242 HANOVER DR
Rent To Own
 
Townhouse/Condo
Van Buren Township, MI 48111
2
2
1391 ft2
2004
Hot
1 of 24 21381 GEORGETOWN RD
Rent To Own
 
Single Family Home
Woodhaven, MI 48183
5
3
2354 ft2
1979
153 JENNINGS RD
Rent To Own
Rossford
Single Family Home
Rossford, OH 43460
5
4
2829 ft2
1927
Hot
1 of 22 926 ORCHARD DR
Rent To Own
Rossford
Single Family Home
Rossford, OH 43460
4
3
2052 ft2
1993
1 of 8 63 W MILLER AVE
Rent To Own
 
Single Family Home
Milan, MI 48160
3
3
1700 ft2
1967
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Buying a Home in South Monroe, MI

South Monroe, MI is seeing rapid growth and South Monroe, MI's' housing market remains optimal with an average home price that is -34% below the 2024 national average. South Monroe, MI is part of Monroe 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 Monroe is 1.27% which is above the national average, which is 0.99%.

Median Home Price in South Monroe, MI

Median Rent in South Monroe, MI

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