Rent to own Homes in Fairmont, MN

Fairmont, MN is a great place for affordable rent-to-own homes! With a median household income of over $49,402 and a median rent of $640, the Fairmont, 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 Fairmont, 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 Fairmont, MN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1620 BLUE JAY BLVD
Rent to Own Eligible
 
Single Family Home
Fairmont, MN 56031
2
1
878 ft2
2002
983 SHOREACRES DR
Rent to Own Eligible
 
Single Family Home
Fairmont, MN 56031
4
1
2337 ft2
1975
1961 KNOLLWOOD DR
Rent to Own Eligible
 
Single Family Home
Fairmont, MN 56031
4
2
3149 ft2
1973
1140 HORATIO ST
Rent to Own Eligible
 
Single Family Home
Fairmont, MN 56031
3
2
2602 ft2
2011
202 N PARK ST
Rent to Own Eligible
 
Townhouse/Condo
Fairmont, MN 56031
4
1
2594 ft2
1932
1611 CADILLAC AVE
Rent to Own Eligible
 
Townhouse/Condo
Fairmont, MN 56031
2
1
971 ft2
1996
New
560 SOUTHPORT DR
Rent to Own Eligible
 
Single Family Home
Fairmont, MN 56031
2
1
1480 ft2
2000
457 LAKE PARK BLVD
Rent to Own Eligible
 
Single Family Home
Fairmont, MN 56031
4
1
2667 ft2
1942
507 CANYON DR
Rent to Own Eligible
 
Single Family Home
Fairmont, MN 56031
3
1
1500 ft2
1993
New
1620 ALBION AVE
Rent to Own Eligible
 
Townhouse/Condo
Fairmont, MN 56031
2
2
1214 ft2
1996
1 of 83 116 WATER ST
Rent to Own Eligible
 
Single Family Home
Fairmont, MN 56031
3
2
2140 ft2
1953
1 of 25 1640 PATRIOT DR
Rent to Own Eligible
 
Single Family Home
Fairmont, MN 56031
3
2
2447 ft2
1996
1 of 24 224 E AMBER LAKE DR
Rent to Own Eligible
 
Single Family Home
Fairmont, MN 56031
1
1
520 ft2
1955
1 of 50 414 KINGS RD
Rent to Own Eligible
 
Single Family Home
Fairmont, MN 56031
4
3
2992 ft2
1969
1 of 40 684 SHOREACRES DR
Rent to Own Eligible
 
Single Family Home
Fairmont, MN 56031
4
2
2687 ft2
1995
1 of 25 930 SPRUCE ST
Rent to Own Eligible
 
Single Family Home
Fairmont, MN 56031
3
2
1768 ft2
1978
319 BLINKMAN ST
Rent to Own Eligible
 
Single Family Home
Fairmont, MN 56031
2
1
1196 ft2
1953
New
104 W CHRISTINA ST
Rent to Own Eligible
 
Single Family Home
Fairmont, MN 56031
3
2
1266 ft2
1975
New
12 ELM RD
Rent to Own Eligible
 
Single Family Home
Fairmont, MN 56031
3
1
1551 ft2
1920
118 WEAVER ST
Rent to Own Eligible
 
Single Family Home
Welcome, MN 56181
3
1
1614 ft2
1960
1 of 57 308 3RD ST
Rent to Own Eligible
 
Single Family Home
Welcome, MN 56181
4
2
2370 ft2
1915
2652 200TH ST
Rent to Own Eligible
 
Single Family Home
Granada, MN 56039
3
1
1207 ft2
1966
1 of 117 113 S 7TH AVE E
Rent to Own Eligible
 
Single Family Home
Truman, MN 56088
3
2
2264 ft2
1966
32426 85TH ST
Rent to Own Eligible
 
Single Family Home
Blue Earth, MN 56013
2
1
1781 ft2
1940
1020 HIGHLAND DR
Rent to Own Eligible
 
Single Family Home
Blue Earth, MN 56013
3
2
1277 ft2
2002
New
1020 5TH ST S
Rent to Own Eligible
 
Single Family Home
Saint James, MN 56081
3
2
1 ft2
1961
Hot New
303 7TH AVE S
Rent to Own Eligible
 
Single Family Home
Saint James, MN 56081
2
1
1 ft2
1962
922 ARMSTRONG BLVD N
Rent to Own Eligible
 
Single Family Home
Saint James, MN 56081
2
2
1 ft2
1977
79762 HAMMOND HWY
Rent to Own Eligible
 
Single Family Home
Madelia, MN 56062
2
2
1 ft2
1911
852 MILL RACE RD
Rent to Own Eligible
 
Single Family Home
Madelia, MN 56062
5
4
1 ft2
2001
603 2ND ST SW
Rent to Own Eligible
 
Single Family Home
Madelia, MN 56062
4
1
1 ft2
1963
1 of 3 119 2ND ST SW
Rent to Own Eligible
 
Single Family Home
Madelia, MN 56062
5
2
3164 ft2
1946
New
227 2ND ST SE
Rent to Own Eligible
 
Single Family Home
Madelia, MN 56062
3
1
1 ft2
1947
528 1ST ST SW
Rent to Own Eligible
 
Single Family Home
Madelia, MN 56062
3
2
1 ft2
1970
611 MARIDEAN BLVD #4
Rent to Own Eligible
 
Townhouse/Condo
Lake Crystal, MN 56055
2
2
1274 ft2
2020
402 W HUMPHREY ST
Rent to Own Eligible
 
Single Family Home
Lake Crystal, MN 56055
3
1
1034 ft2
1880
401 E HUMPHREY ST
Rent to Own Eligible
 
Single Family Home
Lake Crystal, MN 56055
3
2
1419 ft2
1900
21012 489TH AVE
Rent to Own Eligible
 
Single Family Home
Lake Crystal, MN 56055
3
3
1708 ft2
1971
807 FROST AVE
Rent to Own Eligible
 
Single Family Home
Jackson, MN 56143
2
2
2486 ft2
1950
1407 3RD AVE
Rent to Own Eligible
 
Single Family Home
Mountain Lake, MN 56159
3
1
864 ft2
1898
New
701 2ND AVE
Rent to Own Eligible
 
Single Family Home
Mountain Lake, MN 56159
5
2
1540 ft2
1919
20112 523RD AVE
Rent to Own Eligible
 
Single Family Home
Lake Crystal, MN 56055
3
2
1867 ft2
1900
Hot New
54526 207TH MILITARY RD
Rent to Own Eligible
 
Single Family Home
Mankato, MN 56001
2
1
1329 ft2
1900
New
2346 ABBYWOOD LN
Rent to Own Eligible
North Mankato
Single Family Home
North Mankato, MN 56003
6
3
2052 ft2
2005
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Popular Zip Codes in Fairmont, MN

56031 rent to own homes

Buying a Home in Fairmont, MN

Fairmont, MN is seeing rapid growth and Fairmont, MN's' housing market remains optimal with an average home price that is -37% below the 2024 national average. Fairmont, MN is part of Martin 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 Martin is 0.83% which is below the national average, which is 0.99%.

Median Home Price in Fairmont, MN

Median Rent in Fairmont, MN

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