Rent to own Homes in Walled Lake, MI

Walled Lake, MI is a great place for affordable rent-to-own homes! With a median household income of over $53,699 and a median rent of $1,057, the Walled Lake, 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 Walled Lake, 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 Walled Lake, MI rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
42260 FIVE MILE RD
Rent To Own
 
Single Family Home
Plymouth, MI 48170
4
3
2414 ft2
2014
134 N MILFORD RD
Rent To Own
Downtown Highland
Single Family Home
Highland, MI 48357
1
2
1808 ft2
1885
3680 ALLEN RD
Rent To Own
 
Single Family Home
Ortonville, MI 48462
4
4
4400 ft2
1991
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
14050 MANHATTAN ST
Rent To Own
 
Single Family Home
Oak Park, MI 48237
3
2
1061 ft2
1949
1 of 14 525 Maloney Street
Rent To Own
 
Multifamily (2 - 4 Units)
Oxford, MI 48371
3
3
2519 ft2
1977
25404 HANOVER ST
Rent To Own
 
Single Family Home
Dearborn Heights, MI 48125
2
3
1344 ft2
1940
New
45669 HARMONY LN
Rent To Own
 
Single Family Home
Van Buren Township, MI 48111
4
2
0 ft2
1966
1375 RED BARN DR
Rent To Own
 
Single Family Home
Oxford, MI 48371
3
1
2028 ft2
1966
502 ALBANY ST
Rent To Own
Downtown Ferndale
Single Family Home
Ferndale, MI 48220
3
1
1150 ft2
1928
15484 NORTHLAWN ST
Rent To Own
Harmony Village
Single Family Home
Detroit, MI 48238
3
1
1243 ft2
1926
1002 MAHAFFEY AVE
Rent To Own
 
Single Family Home
Rochester, MI 48307
3
2
1017 ft2
1958
204 W BRENTWOOD ST
Rent To Own
State Fair-Nolan
Single Family Home
Highland Park, MI 48203
3
1
1056 ft2
1951
Hot
13518 POPLAR ST
Rent To Own
 
Single Family Home
Southgate, MI 48195
2
1
660 ft2
1949
970 E CLINTON ST
Rent To Own
 
Townhouse/Condo
Howell, MI 48843
2
2
1250 ft2
2020
960 E CLINTON ST
Rent To Own
 
Townhouse/Condo
Howell, MI 48843
2
2
1250 ft2
2020
950 E CLINTON ST
Rent To Own
 
Townhouse/Condo
Howell, MI 48843
2
2
1250 ft2
2020
940 E CLINTON ST
Rent To Own
 
Townhouse/Condo
Howell, MI 48843
2
2
1250 ft2
2020
930 E CLINTON ST
Rent To Own
 
Townhouse/Condo
Howell, MI 48843
3
3
1325 ft2
2020
920 E CLINTON ST
Rent To Own
 
Townhouse/Condo
Howell, MI 48843
2
2
1250 ft2
2020
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
20592 MAPLEWOOD ST
Rent To Own
 
Single Family Home
Riverview, MI 48193
4
3
2472 ft2
1974
13057 PROSPECT AVE
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
2
1
900 ft2
1952
1281 W Cohoctah Rd
Rent To Own
 
Single Family Home
Cohoctah, MI 48816
2
1
1706 ft2
1940
8900 E Jefferson Ave APT 718
Rent To Own
Belle Isle
Single Family Home
Detroit, MI 48214
1
1
600 ft2
1966
2040 LAMBDEN RD
Rent To Own
City Farms
Single Family Home
Flint, MI 48532
2
1
800 ft2
1930
1 of 29 2131 PLEASANT DR
Rent To Own
Commerce Township Downtown
Townhouse/Condo
Commerce Township, MI 48390
2
2
1376 ft2
1993
Hot
1 of 10 721 RED MAPLE LN
Rent To Own
 
Townhouse/Condo
Wixom, MI 48393
3
4
1885 ft2
1996
1 of 22 4645 ACHILLA ST
Rent To Own
 
Single Family Home
Commerce Township, MI 48382
3
2
1760 ft2
1979
Hot
1 of 8 2293 BRIGANTINE
Rent To Own
 
Townhouse/Condo
Commerce Township, MI 48382
3
2
1620 ft2
2014
Hot
1 of 14 4234 CRESTDALE AVE
Rent To Own
 
Single Family Home
West Bloomfield, MI 48323
3
1
1280 ft2
1960
220 Arrowood Drive
Rent To Own
 
Multifamily (2 - 4 Units)
Wixom, MI 48393
3
2
1680 ft2
1988
1 of 31 8427 Hummingbird Drive
Rent To Own
 
Multifamily (2 - 4 Units)
Commerce Charter Township, MI 48382
4
3
2643 ft2
2005
1 of 33 2073 WARBLER CT
Rent To Own
 
Single Family Home
Commerce Township, MI 48382
4
3
2355 ft2
2005
29208 AUGUSTA
Rent To Own
 
Single Family Home
Farmington Hills, MI 48331
4
4
3047 ft2
1990
1 of 25 25560 PORTICO LN
Rent To Own
 
Townhouse/Condo
Novi, MI 48375
2
2
1503 ft2
2005
29435 CHELSEA XING
Rent To Own
 
Townhouse/Condo
Farmington Hills, MI 48331
3
3
2531 ft2
1995
23607 WINTERGREEN CIR
Rent To Own
 
Single Family Home
Novi, MI 48374
4
5
3602 ft2
1997
27486 BARCELLOS LN
Rent To Own
 
Townhouse/Condo
Novi, MI 48374
5
4
3337 ft2
2017
1 of 6 1268 PINECREST DR
Rent To Own
 
Single Family Home
White Lake, MI 48386
4
3
1406 ft2
1972
Hot
1 of 4 6519 MAPLE LAKES CT
Rent To Own
 
Townhouse/Condo
West Bloomfield, MI 48322
3
3
1958 ft2
1985
1 of 26 2208 FOREST GLN
Rent To Own
 
Townhouse/Condo
West Bloomfield, MI 48324
3
4
2301 ft2
1975
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Buying a Home in Walled Lake, MI

Walled Lake, MI is seeing rapid growth and Walled Lake, MI's' housing market remains optimal with an average home price that is -31% below the 2024 national average. Walled Lake, 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 Walled Lake, MI

Median Rent in Walled Lake, MI

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