Rent to own Homes in Loretto, MN

Loretto, MN is a great place for affordable rent-to-own homes! With a median household income of over $73,942 and a median rent of $683, the Loretto, 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 Loretto, 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 Loretto, MN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
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
1 of 69 119 BRUSH ST
Rent To Own
 
Single Family Home
Norwood Young America, MN 55368
4
2
2506 ft2
1925
14620 GARRETT AVE #211
Rent To Own
 
Townhouse/Condo
Saint Paul, MN 55124
1
1
720 ft2
1980
5355 SUNSET LN
Rent to Own Eligible
 
Single Family Home
Loretto, MN 55357
3
2
1968 ft2
1977
6970 BELLE ST
Rent to Own Eligible
 
Single Family Home
Loretto, MN 55357
5
2
1604 ft2
1978
New
3590 INDEPENDENCE RD
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
3
2
1906 ft2
1974
New
2935 LINDGREN LN
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
3
2
2614 ft2
1980
1 of 49 2165 S LAKESHORE DR
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
3
2
2236 ft2
1991
1 of 16 4885 PERKINSVILLE RD
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
3
2
1800 ft2
1966
1 of 30 4904 MAIN ST E
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
4
2
1732 ft2
1948
4665 S LAKE SARAH DR
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
4
3
1878 ft2
2000
6245 WALDMAR WAY
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
4
4
4069 ft2
2003
1830 DEER HILL CT N
Rent to Own Eligible
 
Single Family Home
Long Lake, MN 55356
3
3
4869 ft2
2020
New
1504 RAINBOW AVE
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
4
2
1092 ft2
1973
6580 71ST LN
Rent to Own Eligible
 
Single Family Home
Loretto, MN 55357
4
4
6477 ft2
2003
1 of 33 5995 MAIN ST W
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
3
2
2000 ft2
1968
1985 HAMEL RD
Rent to Own Eligible
 
Single Family Home
Hamel, MN 55340
3
2
2480 ft2
1971
1 of 110 2152 COTTONWOOD TRL
Rent to Own Eligible
 
Single Family Home
Long Lake, MN 55356
5
4
3945 ft2
1976
1 of 53 5185 WOODLAND TRL
Rent to Own Eligible
 
Single Family Home
Loretto, MN 55357
4
1
1723 ft2
1955
145 TURNHAM RD
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
4
2
2092 ft2
1961
New
115 LUCE LINE RDG
Rent to Own Eligible
 
Single Family Home
Maple Plain, MN 55359
4
4
3036 ft2
1986
1 of 27 1855 COUNTY ROAD 24
Rent to Own Eligible
 
Single Family Home
Long Lake, MN 55356
4
2
2628 ft2
1966
New
1 of 27 2670 Kelley Pkwy
Rent to Own Eligible
 
Townhouse/Condo
Orono, MN 55356
2
2
1536 ft2
2006
793 BOULDER DR
Rent to Own Eligible
 
Townhouse/Condo
Long Lake, MN 55356
3
3
2151 ft2
2004
1512 Deerhill Rd
Rent to Own Eligible
 
Single Family Home
Long Lake, MN 55356
3
3
2253 ft2
1960
2990 DEER RUN TRL
Rent to Own Eligible
 
Single Family Home
Long Lake, MN 55356
4
4
4722 ft2
1995
2458 S BLOSSOM CIR
Rent to Own Eligible
 
Townhouse/Condo
Long Lake, MN 55356
3
3
2347 ft2
2021
1 of 174 2009 SUGARWOOD DR
Rent to Own Eligible
 
Single Family Home
Long Lake, MN 55356
4
3
5526 ft2
1994
2106 SUGARWOOD DR
Rent to Own Eligible
 
Single Family Home
Long Lake, MN 55356
3
3
2597 ft2
1997
New
2845 WATERTOWN RD
Rent to Own Eligible
 
Single Family Home
Long Lake, MN 55356
3
5
10027 ft2
2005
New
575 OXFORD RD
Rent to Own Eligible
 
Single Family Home
Long Lake, MN 55356
5
4
4550 ft2
1981
10435 County Road 19
Rent to Own Eligible
 
Single Family Home
Loretto, MN 55374
4
2
1400 ft2
1966
1 of 62 4315 LAKEVIEW CT
Rent to Own Eligible
 
Single Family Home
Mound, MN 55364
4
4
5519 ft2
2019
New
774 TONKAWA RD
Rent to Own Eligible
 
Single Family Home
Long Lake, MN 55356
4
4
3271 ft2
2005
1 of 205 20180 79TH AVE
Rent to Own Eligible
 
Single Family Home
Hamel, MN 55340
5
3
2344 ft2
2021
New
1460 TANGLEWOOD RD
Rent to Own Eligible
 
Single Family Home
Long Lake, MN 55356
3
3
2170 ft2
1979
1 of 229 20174 79TH AVE
Rent to Own Eligible
 
Single Family Home
Hamel, MN 55340
3
2
1901 ft2
2021
New
2245 WATERTOWN RD
Rent to Own Eligible
 
Single Family Home
Long Lake, MN 55356
4
2
2786 ft2
1970
19927 LARKIN RD
Rent to Own Eligible
 
Single Family Home
Hamel, MN 55340
2
2
1026 ft2
1972
1 of 9 187 LAKEVIEW AVE
Rent to Own Eligible
 
Single Family Home
Long Lake, MN 55356
3
2
1446 ft2
1952
4808 NICOLAS WAY
Rent to Own Eligible
 
Single Family Home
Mound, MN 55364
3
2
1796 ft2
2021
New
960 BAYSIDE LN
Rent to Own Eligible
 
Single Family Home
Mound, MN 55364
5
4
4044 ft2
1997
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Buying a Home in Loretto, MN

Loretto, MN is seeing rapid growth and Loretto, MN's' housing market remains not optimal with an average home price that is 23% above the 2024 national average. Loretto, 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 Loretto, MN

Median Rent in Loretto, MN

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