Rent to own Homes in Montevideo, MN

Montevideo, MN is a great place for affordable rent-to-own homes! With a median household income of over $51,953 and a median rent of $648, the Montevideo, 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 Montevideo, 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 Montevideo, MN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 110
1 of 14 1434 N 5TH ST
Rent to Own Eligible
 
Single Family Home
Montevideo, MN 56265
2
2
1072 ft2
New
1 of 29 408 S 10TH ST
Rent to Own Eligible
 
Single Family Home
Montevideo, MN 56265
3
2
960 ft2
1 of 64 220 10TH AVE
Rent to Own Eligible
 
Single Family Home
Granite Falls, MN 56241
4
2
1828 ft2
1905
1 of 19 400 MASON ST
Rent to Own Eligible
 
Single Family Home
Marshall, MN 56258
3
2
1270 ft2
New
510 CARLSON ST
Rent to Own Eligible
 
Single Family Home
Marshall, MN 56258
3
1
1553 ft2
Hot
1 of 11 210 OAK AVE
Rent To Own
 
Single Family Home
Watson, MN 56295
5
2
2300 ft2
1900
1 of 27 1040 90TH ST SE
Rent To Own
 
Single Family Home
Murdock, MN 56271
4
3
3400 ft2
1987
114 S 9TH ST
REO Foreclosure
 
Single Family Home
Montevideo, MN 56265
4
2
1580 ft2
1912
Hot
116 WASHINGTON AVE
Short Sale
 
Single Family Home
Montevideo, MN 56265
3
2
1036 ft2
1952
Hot
993 6TH ST
Short Sale
 
Single Family Home
Granite Falls, MN 56241
2
2
1156 ft2
1900
Hot
222 E SKYLINE DR
REO Foreclosure
 
Single Family Home
Granite Falls, MN 56241
5
4
2887 ft2
2003
144 E PARK ST
REO Foreclosure
 
Single Family Home
Cottonwood, MN 56229
2
1
1040 ft2
1945
New
1346 CHESTNUT ST
Auction
 
Single Family Home
Dawson, MN 56232
3
2
2318 ft2
New
200 HARRISON ST E
REO Foreclosure
 
Single Family Home
Sacred Heart, MN 56285
1
2
2280 ft2
1860
200 15th Street S
REO Foreclosure
 
Single Family Home
Benson, MN 56215
2
1
1118 ft2
314 10TH ST N
REO Foreclosure
 
Single Family Home
Benson, MN 56215
3
2
1519 ft2
1938
Hot
404 10TH ST N
REO Foreclosure
 
Single Family Home
Benson, MN 56215
3
1
1910 ft2
1940
Hot
228 E SNELLING AVE
REO Foreclosure
 
Single Family Home
Appleton, MN 56208
2
2
1392 ft2
1918
New
1 of 5 231 E SNELLING AVE
Auction
 
Single Family Home
Appleton, MN 56208
2
2
600 ft2
1917
905 POPLAR AVE
Short Sale
 
Single Family Home
Marshall, MN 56258
3
2
1152 ft2
1961
1100 SILVERVINE DR
Short Sale
 
Single Family Home
Marshall, MN 56258
3
2
1632 ft2
1986
1 of 14 1017 PINE ST
Auction
 
Single Family Home
Dawson, MN 56232
5
3
2208 ft2
Hot
315 19TH ST N
REO Foreclosure
 
Single Family Home
Benson, MN 56215
2
1
967 ft2
1918
214 S 5TH ST
Rent to Own Eligible
 
Single Family Home
Montevideo, MN 56265
0
0
0 ft2
New
624 N 6TH ST
Rent to Own Eligible
 
Single Family Home
Montevideo, MN 56265
0
0
1176 ft2
1910
318 S 7TH ST
Rent to Own Eligible
 
Single Family Home
Montevideo, MN 56265
0
0
920 ft2
1900
4424 HIGHWAY 212
Rent to Own Eligible
 
Single Family Home
Montevideo, MN 56265
0
0
0 ft2
1045 60TH AVE SW
Rent to Own Eligible
 
Single Family Home
Montevideo, MN 56265
0
0
0 ft2
3398 490TH ST
Rent to Own Eligible
 
Single Family Home
Montevideo, MN 56265
0
0
1344 ft2
1997
904 7TH ST
Rent to Own Eligible
 
Single Family Home
Clarkfield, MN 56223
0
0
960 ft2
1920
564 7TH ST
Rent to Own Eligible
 
Single Family Home
Granite Falls, MN 56241
0
0
1344 ft2
1975
1 of 36 5478 260TH AVE
Rent to Own Eligible
 
Single Family Home
Granite Falls, MN 56241
0
1
0 ft2
New
11460 880TH AVE
Rent to Own Eligible
 
Single Family Home
Maynard, MN 56260
0
0
736 ft2
New
156 3RD AVE W
Rent to Own Eligible
 
Single Family Home
Hanley Falls, MN 56245
0
1
1144 ft2
1900
340 NORTHWOOD DR
Rent to Own Eligible
 
Single Family Home
Cottonwood, MN 56229
0
0
0 ft2
Hot New
278 HICKORY ST
Rent to Own Eligible
 
Single Family Home
Dawson, MN 56232
0
2
0 ft2
2065 110TH AVE NE
Rent to Own Eligible
 
Single Family Home
Clara City, MN 56222
0
0
0 ft2
1950
New
512 4TH AVE
Rent to Own Eligible
 
Single Family Home
Sacred Heart, MN 56285
0
0
0 ft2
New
275 40TH AVE SE
Rent to Own Eligible
 
Single Family Home
Benson, MN 56215
0
0
1456 ft2
2001
New
504 15TH ST S
Rent to Own Eligible
 
Single Family Home
Benson, MN 56215
0
0
816 ft2
1940
Hot
205 SANFORD RD
Rent to Own Eligible
 
Single Family Home
Benson, MN 56215
0
0
1236 ft2
1960
411 14TH ST N
Rent to Own Eligible
 
Single Family Home
Benson, MN 56215
0
0
1011 ft2
1902
419 E MAPLE ST
Rent to Own Eligible
 
Single Family Home
Sacred Heart, MN 56285
0
2
485 ft2
1949
Hot New
715 PAULINA ST
Rent to Own Eligible
 
Single Family Home
Murdock, MN 56271
0
0
0 ft2
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Buying a Home in Montevideo, MN

Montevideo, MN is seeing rapid growth and Montevideo, MN's' housing market remains optimal with an average home price that is -54% below the 2024 national average. Montevideo, MN is part of Chippewa 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 Chippewa is 1.07% which is above the national average, which is 0.99%.

Median Home Price in Montevideo, MN

Median Rent in Montevideo, MN

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