Rent to own Homes in Eden Prairie, MN
Suburban living at its finest! You don't get much more traditional than a Midwest suburb, and that is exactly what you get in Eden Prairie. Located just outside of Minneapolis, the property values are significantly higher than the state median at almost $300,000. Search for rent to own houses along Terrey Pine Drive or Valley View Road.
Eden Prairie, MN is a great place for affordable rent-to-own homes! With a median household income of over $115,227 and a median rent of $1,450, the Eden Prairie, 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 Eden Prairie, 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.
More Eden Prairie, MN Property Resources
Rent to own Homes in Cities Near Eden Prairie, MN
- Anoka
- Apple Valley
- Bloomington
- Burnsville
- Cedar
- Chaska
- Circle Pines
- Columbus
- Coon Rapids
- Crystal
- Dayton
- Deephaven
- Eagan
- Eden Prairie
- Edina
- Falcon Heights
- Fridley
- Gem Lake
- Golden Valley
- Hamel
- Ham Lake
- Hanover
- Hilltop
- Hopkins
- Lauderdale
- Lexington
- Lilydale
- Lino Lakes
- Little Canada
- Long Lake
- Maple Grove
- Maplewood
- Mendota
- Minneapolis
- Minnetonka
- New Hope
- Nowthen
- Orono
- Osseo
- Plymouth
- Prior Lake
- Ramsey
- Rogers
- Shakopee
- St. Anthony
- St Paul
- Vadnais Heights
- Wayzata
- White Bear Lake
- Woodland
Neighborhoods in Eden Prairie, MN
No neighborhoods foundPopular Zip Codes in Eden Prairie, MN
55344 rent to own homes 55347 rent to own homes 55346 rent to own homesBuying a Home in Eden Prairie, MN
Eden Prairie, MN is seeing rapid growth and Eden Prairie, MN's' housing market remains not optimal with an average home price that is 72% above the 2024 national average. Eden Prairie, MN is part of Hennepin 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 Hennepin is 1.14% which is above the national average, which is 0.99%.
Median Home Price in Eden Prairie, MN
Median Rent in Eden Prairie, MN
Top 14 Reasons to Live in Eden Prairie
Tasty treats and delicious dinners! From carry out pizza at Santonni to more upscale offerings like those at the Redstone American Grill, Eden Prairie has it all.
Property values on the rise! Both the average listing price and average sale price are on the rise in this Twin Cities suburb, with the average listing price hitting a very respectable $310,000. Rent to own homes along Edenvale Blvd and Flying Cloud Drive are right at the average price point.
Long walks and lake scenery! Lakes dot the landscape all over Eden Prairie, making an evening walk a relaxing study on the beauty of the setting sun reflected on the water. Trails surround Lotus Lake and Birch Island Lake, giving you even more room to roam around.
Live in CNN's Top Place to Live! CNN called Eden Prairie No. 1 on their list of the Top 100 Best Places to Live. Homes with more than 3,000 square feet of living space make it an ideal place to call home. Find rent to own options in desirable areas like those off of Red Rock Lake or Lake Riley.
Make a big splash! All the lakes means lots of water fun in Eden Prairie. From canoeing to dragon boat racing, Eden Prairie has it all. Spend a day lazily fishing off the shores of Lake Rose, or drop a boat in the water and practice canoeing at Lake Ann.
Take your time to buy! A median listing time of 52 days gives you plenty of time to visit properties and think about the pros and cons of every option. Set up viewings at areas surrounding Staring Lake or Lake Mitchell.
Live healthy! As one of the healthiest cities in America, it is no wonder that sports leagues pop up on every virtual corner. Baseball, football, soccer and other leagues are available for all ages. Meet up with other sports enthusiasts at Staring Lake Park or Purgatory Creek Park.
Enjoy a water view! In the Land of 10,000 Lakes, a water view does not come with the same price tag you might see in areas like Miami or San Francisco. In Eden Prairie, you can find a water view at or near the median home price. Tour properties around Duck Lake and Round Lake for some examples.
Winter wonderland and sports! In the winter, Minnesota enjoys lots of snow and fairly cold weather. It also has numerous indoor and outdoor skating rinks and skiing. Stop by the Community Center for open skate times, and visit the Staring Lake Sledding Hill for some urban skiing.
Get to know the neighbors! 75% of the properties are owner occupied, giving you a chance to build long-term relationships with your neighbors. Shop in areas along W 78th Street and Eden Prairie Road to find homes in some of the most established neighborhoods in the city.
Enjoy scenic views and astronomy! Take a walk along the Pioneer Trail and be sure to stop at the Staring Lake Observatory. Along the trail you will see an abundance of native wildlife, while the observatory brings the stars into a much closer orbit.
Enjoy spacious homes! In Eden Prairie, most homes and apartments have at least two bedrooms, with more than half offering three bedrooms or more. Shop along the Duck Lake Trail or Dell Road to find some affordable homes with expansive square footage.
Plan for game night! Be sure to catch a game at the iconic Winter Park, home of the Vikings. Before the game, grab a bit at Lion's Tap, known for their handcrafted, juicy burgers.