Rent to own Homes in Melrose, MN

Melrose, MN is a great place for affordable rent-to-own homes! With a median household income of over $50,920 and a median rent of $946, the Melrose, 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 Melrose, 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 Melrose, MN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
New
523 5TH AVE SE
Rent to Own Eligible
 
Single Family Home
Melrose, MN 56352
3
1
1765 ft2
1880
39812 PRIMROSE LN
Rent to Own Eligible
 
Single Family Home
Sauk Centre, MN 56378
3
2
1840 ft2
2003
New
402 MORNING VIEW CT
Rent to Own Eligible
 
Single Family Home
Sauk Centre, MN 56378
4
1
1664 ft2
2004
New
122 SINCLAIR LEWIS AVE
Rent to Own Eligible
 
Single Family Home
Sauk Centre, MN 56378
3
2
1153 ft2
1951
New
1 of 33 724 PINE ST S
Rent to Own Eligible
 
Single Family Home
Sauk Centre, MN 56378
3
2
1513 ft2
1910
874 MAIN ST S
Rent to Own Eligible
 
Single Family Home
Sauk Centre, MN 56378
2
1
941 ft2
1936
1 of 82 630 CENTRE ST
Rent to Own Eligible
 
Single Family Home
Sauk Centre, MN 56378
3
2
1808 ft2
1981
312 ELM ST N
Rent to Own Eligible
 
Single Family Home
Sauk Centre, MN 56378
3
2
1499 ft2
1961
New
111 CEDAR ST S
Rent to Own Eligible
 
Single Family Home
Sauk Centre, MN 56378
3
1
1146 ft2
1916
New
1 of 52 327 ALEX MOORE ST
Rent to Own Eligible
 
Single Family Home
Sauk Centre, MN 56378
4
2
2405 ft2
1995
1 of 64 31307 STATE 28
Rent to Own Eligible
 
Single Family Home
Grey Eagle, MN 56336
4
2
2288 ft2
1974
1730 W MILL ST
Rent to Own Eligible
 
Single Family Home
Paynesville, MN 56362
3
1
1962 ft2
2005
529 SUNRISE AVE
Rent to Own Eligible
 
Single Family Home
Paynesville, MN 56362
3
1
1210 ft2
1973
17193 COUNTY ROAD 9
Rent to Own Eligible
 
Single Family Home
Avon, MN 56310
3
1
1370 ft2
1989
1 of 15 216 1ST ST NW
Rent to Own Eligible
 
Single Family Home
Richmond, MN 56368
3
1
1293 ft2
1880
1 of 49 11992 N GROVE LAKE DR
Rent to Own Eligible
 
Single Family Home
Glenwood, MN 56334
2
2
1336 ft2
1974
1 of 10 22157 JAY AVE SE
Rent to Own Eligible
 
Single Family Home
Richmond, MN 56368
4
2
2852 ft2
1984
1 of 35 307 W QUEEN ST
Rent to Own Eligible
 
Single Family Home
Osakis, MN 56360
3
2
1827 ft2
1997
1 of 16 18 BIRCH ST SE
Rent to Own Eligible
 
Single Family Home
New London, MN 56273
3
2
1598 ft2
1951
21947 FROSTVIEW RD
Rent to Own Eligible
 
Single Family Home
Cold Spring, MN 56320
4
3
2129 ft2
1989
1 of 16 112 3RD AVE SE
Rent to Own Eligible
 
Single Family Home
New London, MN 56273
4
2
1728 ft2
1889
1 of 3 206 PINE ST SW
Rent to Own Eligible
 
Single Family Home
New London, MN 56273
4
2
1833 ft2
1982
1 of 55 18568 LONG LAKE RD
Rent to Own Eligible
 
Single Family Home
Richmond, MN 56368
4
2
3275 ft2
2005
13997 325TH ST
Rent to Own Eligible
 
Single Family Home
Saint Joseph, MN 56374
4
1
1114 ft2
1895
New
15344 COUNTY ROAD 160
Rent to Own Eligible
 
Single Family Home
Cold Spring, MN 56320
1
2
1424 ft2
1999
1 of 52 22 17TH AVE N
Rent to Own Eligible
 
Single Family Home
Cold Spring, MN 56320
4
2
1872 ft2
2015
1 of 12 620 PERRY AVE N
Rent to Own Eligible
 
Single Family Home
Browerville, MN 56438
3
1
836 ft2
1959
1 of 29 211 14TH AVE N
Rent to Own Eligible
 
Single Family Home
Cold Spring, MN 56320
5
3
2352 ft2
2005
New
418 4TH AVE S
Rent to Own Eligible
 
Single Family Home
Bowlus, MN 56314
2
2
924 ft2
1921
1 of 18 13 10TH AVE N
Rent to Own Eligible
 
Single Family Home
Cold Spring, MN 56320
2
2
1671 ft2
2014
16408 KNAUS LAKE CIR
Rent to Own Eligible
 
Single Family Home
Cold Spring, MN 56320
3
2
2441 ft2
2002
908 3RD ST S
Rent to Own Eligible
 
Single Family Home
Cold Spring, MN 56320
3
2
1663 ft2
1957
313 9TH AVE S
Rent to Own Eligible
 
Single Family Home
Cold Spring, MN 56320
3
2
1408 ft2
1963
1 of 3 725 3RD ST S
Rent to Own Eligible
 
Single Family Home
Cold Spring, MN 56320
3
1
1390 ft2
1949
1 of 19 143 3RD AVE
Rent to Own Eligible
 
Single Family Home
Spicer, MN 56288
3
1
1200 ft2
1960
New
14736 FIRESIDE CIR
Rent to Own Eligible
 
Single Family Home
Cold Spring, MN 56320
3
2
2070 ft2
1991
1 of 25 14754 FIRESIDE CIR
Rent to Own Eligible
 
Single Family Home
Cold Spring, MN 56320
4
3
3300 ft2
1991
1 of 27 10750 COUNTY ROAD 9 NE
Rent to Own Eligible
 
Single Family Home
Spicer, MN 56288
3
1
2112 ft2
2019
1 of 67 11934 ZEBULON SHORES DR
Rent to Own Eligible
 
Single Family Home
Little Falls, MN 56345
3
3
1950 ft2
1986
321 CYPRESS DR
Rent to Own Eligible
St. Joseph
Single Family Home
Saint Joseph, MN 56374
4
1
1973 ft2
1983
32053 COUNTY ROAD 2
Rent to Own Eligible
 
Single Family Home
Saint Joseph, MN 56374
3
3
4209 ft2
2008
202 JASMINE LN
Rent to Own Eligible
St. Joseph
Single Family Home
Saint Joseph, MN 56374
4
2
1972 ft2
2004
New
32946 COUNTY ROAD 2
Rent to Own Eligible
 
Single Family Home
Saint Joseph, MN 56374
4
2
1264 ft2
1994
549 GRACEVIEW LOOP
Rent to Own Eligible
St. Joseph
Single Family Home
Saint Joseph, MN 56374
2
2
1255 ft2
2004
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Buying a Home in Melrose, MN

Melrose, MN is seeing rapid growth and Melrose, MN's' housing market remains optimal with an average home price that is -39% below the 2024 national average. Melrose, MN is part of Stearns 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 Stearns is 0.96% which is below the national average, which is 0.99%.

Median Home Price in Melrose, MN

Median Rent in Melrose, MN

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