Rent to own Homes in Detroit Lakes, MN

Detroit Lakes, MN is a great place for affordable rent-to-own homes! With a median household income of over $51,185 and a median rent of $760, the Detroit Lakes, MN 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 Detroit Lakes, MN. 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 Detroit Lakes, MN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
115 ALTAVISTA DR
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
4
2
2364 ft2
2021
New
28774 STATE HIGHWAY 34
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
4
2
2384 ft2
1957
New
1 of 41 1048 TIMBER DR
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
3
1864 ft2
2001
New
316 ELIZABETH ST
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
1
1372 ft2
1932
New
1221 MADISON AVE #217
Rent to Own Eligible
 
Townhouse/Condo
Detroit Lakes, MN 56501
2
1
792 ft2
1971
New
1133 PHINNEY AVE
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
3
2186 ft2
1963
New
1130 MINNESOTA AVE
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
1
1469 ft2
1960
New
884 WHITE CLOVER BEACH RD
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
2
1
840 ft2
1940
New
804 S SHORE DR
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
1
2
2243 ft2
1993
New
502 W LAKE DR #205
Rent to Own Eligible
 
Townhouse/Condo
Detroit Lakes, MN 56501
2
2
1683 ft2
2003
New
487 SHOREWOOD DR
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
2
1120 ft2
1981
Hot New
1115 ROOSEVELT AVE
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
2
1746 ft2
1944
New
326 MAPLE DR
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
2
2
1232 ft2
1990
New
2359 US HIGHWAY 10 #5
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
8
3
1720 ft2
2002
New
2359 US HIGHWAY 10 #1
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
2
988 ft2
2008
New
1821 BRIDGEVIEW BLVD
Rent to Own Eligible
 
Townhouse/Condo
Detroit Lakes, MN 56501
1
1
1527 ft2
2000
New
17247 HIGHLAND DR
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
2
1
1011 ft2
1963
Hot New
1310 LONG AVE #203
Rent to Own Eligible
 
Townhouse/Condo
Detroit Lakes, MN 56501
2
1
960 ft2
1987
901 SUMMIT AVE
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
4
1
1748 ft2
1900
431 OAK HILLS DR
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
2
1040 ft2
1979
1424 CORBETT RD
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
4
1
2400 ft2
1970
13520 W LAKE SALLIE DR
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
2
2
2090 ft2
1986
705 ANDREWS AVE
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
1
1040 ft2
1956
1066 ELM CIR
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
3
2048 ft2
2002
1154 SUMMIT AVE
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
2
1456 ft2
1900
1 of 42 506 REYNOLDS ST
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
1
3261 ft2
1955
1143 LINDEN LN
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
1
1288 ft2
1920
New
1310 LONG AVE #101
Rent to Own Eligible
 
Townhouse/Condo
Detroit Lakes, MN 56501
2
1
960 ft2
1987
511 MAIN ST W
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
2
1
1099 ft2
1940
218 MAIN ST E
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
2
1
1061 ft2
1940
New
314 ELIZABETH ST
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
2
1980 ft2
1908
New
29182 STATE HIGHWAY 34
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
2
2
2863 ft2
1980
New
28040 ANCHOR RD
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
2
1670 ft2
1990
New
12532 COUNTY HIGHWAY 17
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
2
1
866 ft2
1927
12434 LOIS LN
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
2
1
1350 ft2
2014
29592 130TH ST
Rent to Own Eligible
 
Single Family Home
Frazee, MN 56544
3
2
1832 ft2
1986
29898 MCHUGH RD
Rent to Own Eligible
 
Single Family Home
Frazee, MN 56544
4
3
2124 ft2
1940
21168 KLEIN RD
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
5
2
1920 ft2
1993
New
11274 COUNTY ROAD 147
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
1
1318 ft2
1930
New
23718 S MELISSA DR
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
2
2
1670 ft2
2019
10604 EAGLE LAKE RD
Rent to Own Eligible
 
Single Family Home
Frazee, MN 56544
4
3
2071 ft2
1977
New
31576 SW PICKEREL LAKE RD
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
4
2
1792 ft2
2002
New
280 FALCON ST
Rent to Own Eligible
 
Single Family Home
Audubon, MN 56511
3
1
1300 ft2
1880
New
12817 DORFF BEACH RD
Rent to Own Eligible
 
Single Family Home
Audubon, MN 56511
3
1
1380 ft2
1965
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Popular Zip Codes in Detroit Lakes, MN

56501 rent to own homes

Buying a Home in Detroit Lakes, MN

Detroit Lakes, MN is seeing rapid growth and Detroit Lakes, MN's' housing market remains optimal with an average home price that is -13% below the 2024 national average. Detroit Lakes, MN is part of Becker 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 Becker is 0.74% which is below the national average, which is 0.99%.

Median Home Price in Detroit Lakes, MN

Median Rent in Detroit Lakes, MN

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