Rent to own Homes in Pelican Rapids, MN

Pelican Rapids, MN is a great place for affordable rent-to-own homes! With a median household income of over $49,274 and a median rent of $387, the Pelican Rapids, 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 Pelican Rapids, 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 Pelican Rapids, MN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
18204 COUNTY HIGHWAY 25
Rent To Own
 
Single Family Home
Fergus Falls, MN 56537
3
2
2484 ft2
1977
300 10th Ave SE
Rent to Own Eligible
 
Townhouse/Condo
Pelican Rapids, MN 56572
2
1
1286 ft2
1994
1 of 47 12 2 1/2 ST SE
Rent to Own Eligible
 
Single Family Home
Pelican Rapids, MN 56572
5
1
2688 ft2
1914
1 of 28 21013 BROADWATER DR
Rent to Own Eligible
 
Single Family Home
Pelican Rapids, MN 56572
3
1
1216 ft2
1962
New
32468 COUNTY HIGHWAY 27
Rent to Own Eligible
 
Single Family Home
Erhard, MN 56534
2
2
1434 ft2
1995
10328 COUNTY HIGHWAY 5
Rent to Own Eligible
 
Single Family Home
Pelican Rapids, MN 56572
6
3
3430 ft2
2005
Hot New
11306 CREEK VIEW DR
Rent to Own Eligible
 
Single Family Home
Pelican Rapids, MN 56572
4
2
3200 ft2
2015
13680 115TH ST
Rent to Own Eligible
 
Single Family Home
Lake Park, MN 56554
5
2
1368 ft2
2004
13248 E BIG CORMORANT RD
Rent to Own Eligible
 
Single Family Home
Audubon, MN 56511
4
4
2544 ft2
1970
New
12817 DORFF BEACH RD
Rent to Own Eligible
 
Single Family Home
Audubon, MN 56511
3
1
1380 ft2
1965
New
16135 CORMORANT RD
Rent to Own Eligible
 
Single Family Home
Lake Park, MN 56554
3
2
1344 ft2
2006
27866 COUNTY HIGHWAY 88
Rent to Own Eligible
 
Single Family Home
Fergus Falls, MN 56537
3
1
1778 ft2
1997
11274 COUNTY ROAD 147
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
1
1318 ft2
1930
New
15346 BLACKHAWK RD
Rent to Own Eligible
 
Single Family Home
Audubon, MN 56511
5
4
2100 ft2
2010
New
23718 S MELISSA DR
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
2
2
1670 ft2
2019
1 of 50 7174 280TH ST S
Rent to Own Eligible
 
Single Family Home
Hawley, MN 56549
5
4
3776 ft2
1908
16776 BIRD DOG CIR
Rent to Own Eligible
 
Single Family Home
Audubon, MN 56511
3
3
1996 ft2
2010
13520 W LAKE SALLIE DR
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
2
2
2090 ft2
1986
New
14435 COUNTY HIGHWAY 5
Rent to Own Eligible
 
Single Family Home
Lake Park, MN 56554
4
4
6899 ft2
2005
New
15492 SNOWSHOE BEACH RD
Rent to Own Eligible
 
Single Family Home
Lake Park, MN 56554
3
2
2543 ft2
1990
17393 BIJOU CIR
Rent to Own Eligible
 
Single Family Home
Lake Park, MN 56554
2
1
624 ft2
1983
12434 LOIS LN
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
2
1
1350 ft2
2014
New
12532 COUNTY HIGHWAY 17
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
2
1
866 ft2
1927
New
200 Willow Ct
Rent to Own Eligible
 
Townhouse/Condo
Fergus Falls, MN 56537
2
2
1298 ft2
1980
New
200 WILLOW CT #B-3A
Rent to Own Eligible
 
Townhouse/Condo
Fergus Falls, MN 56537
2
2
1298 ft2
1980
1 of 18 1115 N OAK ST
Rent to Own Eligible
 
Single Family Home
Fergus Falls, MN 56537
3
2
936 ft2
2019
New
116 N LAKESIDE DR
Rent to Own Eligible
 
Single Family Home
Fergus Falls, MN 56537
3
2
1020 ft2
1951
420 E VERNON AVE
Rent to Own Eligible
 
Single Family Home
Fergus Falls, MN 56537
3
2
676 ft2
1915
New
30067 COUNTY HIGHWAY 1
Rent to Own Eligible
 
Single Family Home
Underwood, MN 56586
3
2
1520 ft2
1973
1015 S SHERIDAN ST
Rent to Own Eligible
 
Single Family Home
Fergus Falls, MN 56537
3
2
621 ft2
1929
1821 BRIDGEVIEW BLVD
Rent to Own Eligible
 
Townhouse/Condo
Detroit Lakes, MN 56501
1
1
1527 ft2
2000
New
280 FALCON ST
Rent to Own Eligible
 
Single Family Home
Audubon, MN 56511
3
1
1300 ft2
1880
1 of 174 2569 N LONG LAKE RD
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
2
1
1500 ft2
1997
34064 COUNTY HIGHWAY 60
Rent to Own Eligible
 
Single Family Home
Frazee, MN 56544
2
2
970 ft2
1945
2359 US HIGHWAY 10 #1
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
2
988 ft2
2008
2359 US HIGHWAY 10 #5
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
8
3
1720 ft2
2002
6016 6TH ST
Rent to Own Eligible
 
Single Family Home
Lake Park, MN 56554
3
1
1232 ft2
1956
New
487 SHOREWOOD DR
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
2
1120 ft2
1981
115 ALTAVISTA DR
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
4
2
2364 ft2
2021
804 S SHORE DR
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
1
2
2243 ft2
1993
New
902 AUDUBON ST
Rent to Own Eligible
 
Single Family Home
Lake Park, MN 56554
3
1
1404 ft2
1960
New
14375 LEISURE LN
Rent to Own Eligible
 
Single Family Home
Lake Park, MN 56554
3
2
1448 ft2
2007
502 W LAKE DR #205
Rent to Own Eligible
 
Townhouse/Condo
Detroit Lakes, MN 56501
2
2
1683 ft2
2003
1143 LINDEN LN
Rent to Own Eligible
 
Single Family Home
Detroit Lakes, MN 56501
3
1
1288 ft2
1920
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Buying a Home in Pelican Rapids, MN

Pelican Rapids, MN is seeing rapid growth and Pelican Rapids, MN's' housing market remains optimal with an average home price that is -45% below the 2024 national average. Pelican Rapids, MN is part of Otter Tail 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 Otter Tail is 0.66% which is below the national average, which is 0.99%.

Median Home Price in Pelican Rapids, MN

Median Rent in Pelican Rapids, MN

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