Rent to own Homes in Montgomery, MN

Montgomery, MN is a great place for affordable rent-to-own homes! With a median household income of over $56,042 and a median rent of $864, the Montgomery, 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 Montgomery, 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 Montgomery, MN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
14620 GARRETT AVE #211
Rent To Own
 
Townhouse/Condo
Saint Paul, MN 55124
1
1
720 ft2
1980
1 of 69 119 BRUSH ST
Rent To Own
 
Single Family Home
Norwood Young America, MN 55368
4
2
2506 ft2
1925
1 of 14 224 W HOLLY ST
Rent To Own
 
Single Family Home
Owatonna, MN 55060
4
1
1133 ft2
1885
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
107 WILKIN ST
Rent To Own
West Seventh
Single Family Home
Saint Paul, MN 55102
3
2
1548 ft2
1880
New
310 4TH ST SE
Rent to Own Eligible
 
Single Family Home
Montgomery, MN 56069
3
1
1067 ft2
1924
616 DEER TRL
Rent to Own Eligible
 
Single Family Home
Montgomery, MN 56069
3
2
1303 ft2
2019
New
1107 TIKALSKY ST SE
Rent to Own Eligible
 
Single Family Home
New Prague, MN 56071
4
3
1372 ft2
2017
11876 140TH ST W
Rent to Own Eligible
 
Single Family Home
Montgomery, MN 56069
3
1
884 ft2
1952
New
207 COLUMBUS AVE N
Rent to Own Eligible
 
Single Family Home
New Prague, MN 56071
4
1
1368 ft2
1930
806 ECLIPSE PKWY
Rent to Own Eligible
 
Single Family Home
New Prague, MN 56071
4
3
1759 ft2
1981
15888 JACKSON AVE
Rent to Own Eligible
 
Single Family Home
Montgomery, MN 56069
2
3
1437 ft2
2000
949 HARVEST DR SW
Rent to Own Eligible
 
Single Family Home
Lonsdale, MN 55046
3
4
2052 ft2
2006
24252 REDWING AVE
Rent to Own Eligible
 
Single Family Home
New Prague, MN 56071
4
1
1700 ft2
1994
1109 ASH ST NE
Rent to Own Eligible
 
Townhouse/Condo
Lonsdale, MN 55046
3
3
1560 ft2
New
23650 JIRIK AVE
Rent to Own Eligible
 
Single Family Home
Jordan, MN 55352
5
3
3929 ft2
2005
New
27600 ZACHARY AVE
Rent to Own Eligible
 
Single Family Home
Elko New Market, MN 55020
3
2
1704 ft2
2000
6820 FRENCH LAKE CT
Rent to Own Eligible
 
Single Family Home
Faribault, MN 55021
4
5
2163 ft2
2016
New
8365 HENNEPIN WAY
Rent to Own Eligible
 
Single Family Home
Morristown, MN 55052
3
2
1052 ft2
1973
513 WILDBERRY PATH
Rent to Own Eligible
 
Single Family Home
Jordan, MN 55352
4
2
2256 ft2
2020
New
1 of 25 864 FOREST EDGE DR
Rent to Own Eligible
 
Single Family Home
Jordan, MN 55352
5
3
1628 ft2
2012
20570 PARKFIELD AVE
Rent to Own Eligible
 
Single Family Home
Jordan, MN 55352
4
1
1452 ft2
1991
985 FARMERS RIDGE TRL
Rent to Own Eligible
 
Single Family Home
Belle Plaine, MN 56011
4
3
1312 ft2
2006
New
968 FARMERS RIDGE TRL
Rent to Own Eligible
 
Single Family Home
Belle Plaine, MN 56011
4
3
1114 ft2
2006
440 MALLORY ST N
Rent to Own Eligible
 
Single Family Home
Waterville, MN 56096
3
1
1328 ft2
1990
New
203 CLOVER CT
Rent to Own Eligible
 
Single Family Home
Jordan, MN 55352
4
2
1106 ft2
2004
Hot
4850 KREUSER RD
Rent to Own Eligible
 
Single Family Home
Jordan, MN 55352
3
1
1340 ft2
1970
New
214 REED ST S
Rent to Own Eligible
 
Single Family Home
Waterville, MN 56096
3
1
1095 ft2
1900
905 FREEMONT ST E
Rent to Own Eligible
 
Single Family Home
Waterville, MN 56096
5
4
2199 ft2
2001
417 HOOSAC ST E
Rent to Own Eligible
 
Single Family Home
Waterville, MN 56096
3
2
1091 ft2
1902
543 WOOD CIR
Rent to Own Eligible
 
Townhouse/Condo
Jordan, MN 55352
2
1
1312 ft2
1999
New
6305 W 190TH ST
Rent to Own Eligible
 
Single Family Home
Jordan, MN 55352
2
2
1376 ft2
1958
1 of 30 940 S CEDAR ST
Rent to Own Eligible
 
Single Family Home
Belle Plaine, MN 56011
4
3
2008 ft2
2003
632 OBRIEN PKWY
Rent to Own Eligible
 
Townhouse/Condo
Belle Plaine, MN 56011
4
3
2607 ft2
1996
New
24352 474TH LN
Rent to Own Eligible
 
Single Family Home
Elysian, MN 56028
5
4
3840 ft2
2007
New
412 W FRANKLIN ST
Rent to Own Eligible
 
Single Family Home
Morristown, MN 55052
4
2
1680 ft2
1915
New
109 W FRANKLIN ST
Rent to Own Eligible
 
Single Family Home
Morristown, MN 55052
3
3
1507 ft2
1880
6810 231ST ST W
Rent to Own Eligible
 
Single Family Home
Morristown, MN 55052
3
3
2517 ft2
2020
741 E STATE ST
Rent to Own Eligible
 
Single Family Home
Belle Plaine, MN 56011
4
2
1214 ft2
2000
New
600 E MAIN ST
Rent to Own Eligible
 
Single Family Home
Belle Plaine, MN 56011
4
2
1392 ft2
1966
New
27610 ANDREW AVE
Rent to Own Eligible
 
Single Family Home
Elko New Market, MN 55020
3
2
1412 ft2
2020
New
1 of 58 3014 AARON DR
Rent to Own Eligible
 
Single Family Home
Elko New Market, MN 55054
4
3
2570 ft2
2003
17500 ROBERDS LAKE CT
Rent to Own Eligible
 
Single Family Home
Faribault, MN 55021
4
6
3661 ft2
1980
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Buying a Home in Montgomery, MN

Montgomery, MN is seeing rapid growth and Montgomery, MN's' housing market remains optimal with an average home price that is -19% below the 2024 national average. Montgomery, MN is part of Le Sueur 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 Le Sueur is 0.86% which is below the national average, which is 0.99%.

Median Home Price in Montgomery, MN

Median Rent in Montgomery, MN

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