Rent to own Homes in Independence, MN

Independence, MN is a great place for affordable rent-to-own homes! With a median household income of over $180,357 and a median rent of $1,637, the Independence, 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 Independence, 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 Independence, 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 69 119 BRUSH ST
Rent To Own
 
Single Family Home
Norwood Young America, MN 55368
4
2
2506 ft2
1925
6319 W 32ND ST
Rent To Own
Lenox
Single Family Home
Minneapolis, MN 55416
1
1
612 ft2
1926
6337 GIRARD AVE S
Rent To Own
CARAG
Single Family Home
Minneapolis, MN 55423
2
3
1380 ft2
1940
4141 3RD ST NE #106
Rent To Own
 
Townhouse/Condo
Minneapolis, MN 55421
1
1
738 ft2
1986
14620 GARRETT AVE #211
Rent To Own
 
Townhouse/Condo
Saint Paul, MN 55124
1
1
720 ft2
1980
850 33RD AVE N
Rent To Own
Pantown
Single Family Home
Saint Cloud, MN 56303
2
1
625 ft2
1947
6245 WALDMAR WAY
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
4
4
4069 ft2
2003
1 of 16 4885 PERKINSVILLE RD
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
3
2
1800 ft2
1966
New
2935 LINDGREN LN
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
3
2
2614 ft2
1980
New
3590 INDEPENDENCE RD
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
3
2
1906 ft2
1974
4665 S LAKE SARAH DR
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
4
3
1878 ft2
2000
New
1504 RAINBOW AVE
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
4
2
1092 ft2
1973
612 NELSON RD
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
4
3
3750 ft2
1968
5355 SUNSET LN
Rent to Own Eligible
 
Single Family Home
Loretto, MN 55357
3
2
1968 ft2
1977
1 of 30 4904 MAIN ST E
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
4
2
1732 ft2
1948
1 of 33 5995 MAIN ST W
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
3
2
2000 ft2
1968
1 of 49 2165 S LAKESHORE DR
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
3
2
2236 ft2
1991
1297 WOODS CREEK DR
Rent to Own Eligible
 
Single Family Home
Delano, MN 55328
5
1
4200 ft2
2021
New
115 LUCE LINE RDG
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
4
4
3036 ft2
1986
New
284 KINGS POINTE DR
Rent to Own Eligible
 
Single Family Home
Delano, MN 55328
2
2
1564 ft2
2005
145 TURNHAM RD
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
4
2
2092 ft2
1961
6970 BELLE ST
Rent to Own Eligible
 
Single Family Home
Loretto, MN 55357
5
2
1604 ft2
1978
New
960 BAYSIDE LN
Rent to Own Eligible
 
Single Family Home
Mound, MN 55364
5
4
4044 ft2
1997
6580 71ST LN
Rent to Own Eligible
 
Single Family Home
Loretto, MN 55357
4
4
6477 ft2
2003
4833 MAPLE ST
Rent to Own Eligible
 
Single Family Home
Rockford, MN 55373
3
1
2402 ft2
2022
4808 NICOLAS WAY
Rent to Own Eligible
 
Single Family Home
Mound, MN 55364
3
2
1796 ft2
2021
New
5555 RIDGEWOOD CV
Rent to Own Eligible
 
Single Family Home
Mound, MN 55364
3
2
1580 ft2
1976
1 of 62 4315 LAKEVIEW CT
Rent to Own Eligible
 
Single Family Home
Mound, MN 55364
4
4
5519 ft2
2019
5801 MAPLE ST
Rent to Own Eligible
 
Single Family Home
Rockford, MN 55373
2
2
1032 ft2
1935
1 of 21 5911 ASH ST
Rent to Own Eligible
 
Single Family Home
Rockford, MN 55373
4
2
1680 ft2
1959
New
5311 GREENWOOD LN
Rent to Own Eligible
 
Single Family Home
Rockford, MN 55373
4
1
2488 ft2
2021
1 of 60 6040 BOULDER RIDGE DR
Rent to Own Eligible
 
Single Family Home
Rockford, MN 55373
2
2
1236 ft2
2022
5400 THREE POINTS BLVD
Rent to Own Eligible
 
Townhouse/Condo
Mound, MN 55364
2
1
978 ft2
1965
1 of 6 109 FRANKLIN AVE W
Rent to Own Eligible
 
Single Family Home
Delano, MN 55328
4
2
1612 ft2
1977
New
774 TONKAWA RD
Rent to Own Eligible
 
Single Family Home
Long Lake, MN 55356
4
4
3271 ft2
2005
5033 THREE POINTS BLVD
Rent to Own Eligible
 
Single Family Home
Mound, MN 55364
4
2
1424 ft2
2002
New
4009 IRIS CT
Rent to Own Eligible
 
Single Family Home
Rockford, MN 55373
2
2
1443 ft2
2020
5573 SHERWOOD DR
Rent to Own Eligible
 
Single Family Home
Mound, MN 55364
4
2
1310 ft2
1971
850 WILD IRIS CIR
Rent to Own Eligible
 
Single Family Home
Delano, MN 55328
4
3
3208 ft2
2006
1 of 28 6308 LINDEN LN
Rent to Own Eligible
 
Single Family Home
Mound, MN 55364
3
2
1428 ft2
1920
775 WATERTOWN AVE
Rent to Own Eligible
 
Single Family Home
Delano, MN 55328
4
3
3238 ft2
2018
1 of 86 2108 BELMONT LN
Rent to Own Eligible
 
Single Family Home
Mound, MN 55364
4
2
2080 ft2
1967
364 FRANKLIN AVE W
Rent to Own Eligible
 
Single Family Home
Delano, MN 55328
4
3
2712 ft2
2017
New
575 OXFORD RD
Rent to Own Eligible
 
Single Family Home
Long Lake, MN 55356
5
4
4550 ft2
1981
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Popular Zip Codes in Independence, MN

55359 rent to own homes

Buying a Home in Independence, MN

Independence, MN is seeing rapid growth and Independence, MN's' housing market remains not optimal with an average home price that is 152% above the 2024 national average. Independence, 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 Independence, MN

Median Rent in Independence, MN

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