Rent to own Homes in Elkton, MN

Elkton, MN is a great place for affordable rent-to-own homes! With a median household income of over $44,375 and a median rent of $725, the Elkton, 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 Elkton, 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 Elkton, MN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 70 111 NW BERGEN ST
Rent to Own Eligible
 
Single Family Home
Adams, MN 55909
4
2
2269 ft2
1906
New
22895 STATE HIGHWAY 56
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
3
3
1512 ft2
1974
New
27496 DODGE MOWER RD
Rent to Own Eligible
 
Single Family Home
Sargeant, MN 55973
3
2
2086 ft2
1935
Hot New
705 21ST ST NE
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
3
2
1248 ft2
1960
1 of 26 180 PENNY LN
Rent to Own Eligible
 
Single Family Home
Le Roy, MN 55951
3
2
2996 ft2
2006
2008 6TH AVE NE
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
3
2
1128 ft2
1953
1 of 35 112 E LUELLA ST
Rent to Own Eligible
 
Single Family Home
Le Roy, MN 55951
4
2
1960 ft2
1954
New
204 LINCOLN DR NE
Rent to Own Eligible
 
Single Family Home
Racine, MN 55967
5
3
2029 ft2
2018
26527 795TH AVE
Rent to Own Eligible
 
Single Family Home
Spring Valley, MN 55975
4
3
1380 ft2
2009
1 of 62 7077 VALLEY DR SW
Rent to Own Eligible
 
Single Family Home
Byron, MN 55920
4
2
2694 ft2
2003
1 of 44 1704 2ND ST SW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
4
3
2360 ft2
2007
New
1 of 40 405 5TH AVE SW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
5
4
3424 ft2
1937
1 of 35 608 14TH AVE SW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
4
2
2544 ft2
1947
New
608 6TH AVE SW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
5
3
1991 ft2
1939
1 of 58 604 15TH AVE SW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
3
2
2016 ft2
1956
404 6TH ST SW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
3
3
1805 ft2
1921
706 8TH AVE NW #4
Rent to Own Eligible
 
Townhouse/Condo
Austin, MN 55912
3
4
1790 ft2
1984
Hot New
809 2ND AVE SW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
4
4
2240 ft2
1898
1 of 30 1007 8TH ST NW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
4
2
1414 ft2
1938
1 of 80 1007 2ND AVE NW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
3
2
2019 ft2
1917
1 of 98 907 10TH ST NW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
3
2
2256 ft2
1937
1807 11TH ST SW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
3
2
1070 ft2
1957
New
101 PRAIRIE STONE CT SE
Rent to Own Eligible
 
Single Family Home
Stewartville, MN 55976
5
4
2967 ft2
2002
Hot New
17097 COUNTY 1
Rent to Own Eligible
 
Single Family Home
Ostrander, MN 55961
3
1
1618 ft2
1949
2400 13TH ST SW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
3
2
1040 ft2
1958
905 BUCKNELL CT SE
Rent to Own Eligible
 
Single Family Home
Stewartville, MN 55976
4
3
2669 ft2
2012
4301 95TH ST SW
Rent to Own Eligible
 
Single Family Home
Stewartville, MN 55976
3
2
2340 ft2
1961
1 of 23 1410 8TH AVE NW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
5
1
2438 ft2
1917
1 of 14 2806 12TH ST SW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
3
1
1196 ft2
1971
1 of 38 1412 8TH AVE NW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
2
3
1944 ft2
1900
1 of 6 1519 5TH AVE NW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
4
2
2816 ft2
1979
1 of 25 1108 PETERSEN LN NW
Rent to Own Eligible
 
Single Family Home
Stewartville, MN 55976
4
2
1865 ft2
2004
New
800 17TH ST SW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
2
1
1008 ft2
1950
1 of 21 2100 SONKE LN NW
Rent to Own Eligible
 
Single Family Home
Stewartville, MN 55976
3
2
1768 ft2
2002
1 of 20 1901 11TH AVE SW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
3
2
3880 ft2
1960
New
1307 18TH DR NE
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
3
2
1574 ft2
2019
109 5TH ST NE
Rent to Own Eligible
 
Single Family Home
Stewartville, MN 55976
3
1
1552 ft2
1902
New
1403 21ST ST SW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
3
3
2056 ft2
1936
1 of 24 122 RIVER OAKS CIR NE
Rent to Own Eligible
 
Townhouse/Condo
Stewartville, MN 55976
2
2
1380 ft2
2014
1 of 148 4526 COUNTY ROAD 3 SW
Rent to Own Eligible
 
Single Family Home
Byron, MN 55920
4
2
2528 ft2
1985
1 of 61 605 7TH AVE NE
Rent to Own Eligible
 
Single Family Home
Stewartville, MN 55976
4
2
1920 ft2
1974
New
1840 DANIEL LN NE
Rent to Own Eligible
 
Townhouse/Condo
Stewartville, MN 55976
2
2
1200 ft2
2021
1 of 101 2508 4TH AVE NW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
4
4
6772 ft2
2002
1 of 32 2704 9TH AVE SW
Rent to Own Eligible
 
Single Family Home
Austin, MN 55912
5
4
3259 ft2
1999
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Buying a Home in Elkton, MN

Elkton, MN is seeing rapid growth and Elkton, MN's' housing market remains optimal with an average home price that is -35% below the 2024 national average. Elkton, MN is part of Mower 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 Mower is 0.87% which is below the national average, which is 0.99%.

Median Home Price in Elkton, MN

Median Rent in Elkton, MN

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