Rent to own Homes in Springfield, MN

Springfield, MN is a great place for affordable rent-to-own homes! With a median household income of over $49,089 and a median rent of $667, the Springfield, 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 Springfield, 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 Springfield, MN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 114
1 of 13 604 WATER ST SW
Rent to Own Eligible
 
Single Family Home
Sleepy Eye, MN 56085
3
2
2873 ft2
1952
New
701 2ND AVE
Rent to Own Eligible
 
Single Family Home
Mountain Lake, MN 56159
5
2
1540 ft2
1919
37261 280TH ST
Rent to Own Eligible
 
Single Family Home
Westbrook, MN 56183
2
1
1058 ft2
1962
922 ARMSTRONG BLVD N
Rent to Own Eligible
 
Single Family Home
Saint James, MN 56081
2
2
1 ft2
1977
New
303 7TH AVE S
Rent to Own Eligible
 
Single Family Home
Saint James, MN 56081
2
1
1 ft2
1962
New
1020 5TH ST S
Rent to Own Eligible
 
Single Family Home
Saint James, MN 56081
3
2
1 ft2
1961
New
317 HOLLYWOOD AVE
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
3
1
1196 ft2
1970
220 HOLLYWOOD AVE
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
2
1
1368 ft2
1970
1622 CENTER ST
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
3
1
1328 ft2
1965
323 WEST ST
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
3
1
1160 ft2
1958
New
810 8TH ST N
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
2
1
1020 ft2
1959
512 N JEFFERSON ST
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
3
1
1459 ft2
1951
New
608 4TH ST N
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
2
1
1693 ft2
1964
208 N STATE ST
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
4
2
2034 ft2
1933
1 of 21 217 S STATE ST
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
4
3
1272 ft2
1910
1 of 37 300 S BROADWAY ST
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
5
1
3138 ft2
1891
79762 HAMMOND HWY
Rent to Own Eligible
 
Single Family Home
Madelia, MN 56062
2
2
1 ft2
1911
11579 VOSS AVE
Rent to Own Eligible
 
Single Family Home
Dundee, MN 56131
3
1
1560 ft2
1985
721 MOWBRAY ST
Rent to Own Eligible
 
Single Family Home
Stewart, MN 55385
3
1
1144 ft2
1956
New
1 of 98 417 6TH AVE
Rent to Own Eligible
 
Single Family Home
Windom, MN 56101
4
2
2176 ft2
2000
751 3RD AVE
Rent to Own Eligible
 
Single Family Home
Heron Lake, MN 56137
2
2
2052 ft2
1910
Hot New
34316 601ST AVE
Rent to Own Eligible
 
Single Family Home
Lafayette, MN 56054
4
1
1530 ft2
1890
530 N CASS AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Springfield, MN 56087
2
1
1098 ft2
1940
118 N O CONNELL AVE
REO Foreclosure
 
Single Family Home
Springfield, MN 56087
2
2
1056 ft2
1970
1 of 3 213 ASH ST S
Auction
 
Single Family Home
Comfrey, MN 56019
2
1
1225 ft2
1949
1 of 8 303 4TH ST E
Short Sale
 
Single Family Home
Morgan, MN 56266
3
1
1368 ft2
1915
61123 320TH ST
Auction
 
Single Family Home
Butterfield, MN 56120
3
2
704 ft2
1894
500 3RD AVE NW
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Sleepy Eye, MN 56085
3
1
1196 ft2
1973
Hot
1 of 11 508 2ND AVE SE
REO Foreclosure
 
Single Family Home
Sleepy Eye, MN 56085
3
1
1120 ft2
1950
311 E SCOTT ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Jeffers, MN 56145
2
1
866 ft2
1908
1 of 2 509 SUMMIT ST SE
Auction
 
Single Family Home
Sleepy Eye, MN 56085
3
1
1066 ft2
1957
705 SCHANUS DR
REO Foreclosure
 
Single Family Home
Sleepy Eye, MN 56085
3
1
804 ft2
1925
21784 260TH AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Sleepy Eye, MN 56085
4
1
1567 ft2
1900
1014 10TH ST N
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Mountain Lake, MN 56159
2
3
1288 ft2
1968
1 of 16 601 6TH AVE
Auction
 
Single Family Home
Mountain Lake, MN 56159
3
1
988 ft2
1958
New
968 NORTH ST
Auction
 
Single Family Home
Wabasso, MN 56293
4
2
1342 ft2
1962
1 of 6 41665 320TH ST
Auction
 
Single Family Home
Jeffers, MN 56145
4
2
1484 ft2
1928
New
1 of 20 200 N LINCOLN ST
Auction
 
Single Family Home
Redwood Falls, MN 56283
3
2
1156 ft2
1955
Hot
307 1ST ST SE
REO Foreclosure
 
Single Family Home
Fairfax, MN 55332
3
2
1220 ft2
1929
1 of 5 1445 6TH AVE N
Auction
 
Single Family Home
Windom, MN 56101
2
2
720 ft2
1941
New
1 of 63 1595 RIVER RD
Auction
 
Single Family Home
Windom, MN 56101
3
2
1080 ft2
1957
61 10TH ST
Auction
 
Single Family Home
Windom, MN 56101
2
1
997 ft2
1940
1004 MILLER AVE
Auction
 
Single Family Home
Windom, MN 56101
3
2
815 ft2
1890
New
1 of 38 616 10TH ST
Auction
 
Single Family Home
Windom, MN 56101
3
2
2002 ft2
1966
Map
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Popular Zip Codes in Springfield, MN

56087 rent to own homes

Buying a Home in Springfield, MN

Springfield, MN is seeing rapid growth and Springfield, MN's' housing market remains optimal with an average home price that is -55% below the 2024 national average. Springfield, MN is part of Brown 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 Brown is 1.03% which is above the national average, which is 0.99%.

Median Home Price in Springfield, MN

Median Rent in Springfield, MN

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