Rent to own Homes in Norwood, NC

Norwood, NC is a great place for affordable rent-to-own homes! With a median household income of over $51,088 and a median rent of $738, the Norwood, NC 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 Norwood, NC. 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 Norwood, NC rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
Hot
200 MCINTYRE ST
Rent To Own
 
Single Family Home
Monroe, NC 28110
3
2
1000 ft2
1974
410 CANDLEWICK DR
Rent To Own
 
Single Family Home
Salisbury, NC 28147
3
2
1910 ft2
2001
New
514 W WHITLEY ST
Rent to Own Eligible
 
Single Family Home
Norwood, NC 28128
2
1
845 ft2
1951
8077 US 52 HWY S
Rent to Own Eligible
 
Single Family Home
Norwood, NC 28128
3
2
1364 ft2
1930
49412 WOODLAND DR
Rent to Own Eligible
 
Single Family Home
Norwood, NC 28128
3
3
2766 ft2
2009
New
1 of 49 148 FOREST LAKE CT
Rent to Own Eligible
 
Single Family Home
Mount Gilead, NC 27306
5
6
5871 ft2
2006
1 of 60 227 OLD HARBOR DR
Rent to Own Eligible
 
Single Family Home
Mount Gilead, NC 27306
3
3
2662 ft2
2021
1 of 15 482 FAIRWAY SHORES RD
Rent to Own Eligible
 
Single Family Home
Mount Gilead, NC 27306
2
3
1905 ft2
1972
New
122 SERENE ST
Rent to Own Eligible
 
Single Family Home
Mount Gilead, NC 27306
3
2
1478 ft2
2022
New
2224 FAIRFIELD CT
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
3
2
1959 ft2
1987
Hot New
715 S 5TH ST
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
2
1
804 ft2
1950
New
1512 E MAIN ST
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
2
2
1960 ft2
1935
1525 E MAIN ST
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
3
2
1851 ft2
1927
New
1132 E MAIN ST
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
3
2
1380 ft2
1925
175 MOUNTAIN VIEW LN
Rent to Own Eligible
 
Single Family Home
Troy, NC 27371
3
3
2688 ft2
1973
Hot New
529 CATALINA DR
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
3
1
1248 ft2
1959
1 of 86 727 MILL ST
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
3
2
1138 ft2
1915
1216 RIDGE ST
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
3
3
2128 ft2
1989
906 WISCASSETT ST
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
3
3
1380 ft2
2022
New
403 EDGEMONT ST
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
2
1
938 ft2
1916
Hot New
622 WATTS ST
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
2
1
1164 ft2
1920
New
506 SAPPHIRE RD
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
3
2
1274 ft2
2005
1500 LEE LYNN DR
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
4
3
3934 ft2
1974
Hot New
1214 PINE ST
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
1
1
1036 ft2
1935
1007 ELM ST
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
3
1
1633 ft2
1984
New
148 SUMMIT CT
Rent to Own Eligible
 
Single Family Home
Troy, NC 27371
3
2
1316 ft2
2010
1 of 184 1705 US 52 N
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
4
2
3418 ft2
1930
310 NE CONNECTOR
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
2
1
1045 ft2
1945
New
502 W ALLENTON ST
Rent to Own Eligible
 
Single Family Home
Mount Gilead, NC 27306
2
1
2840 ft2
1892
New
350 KNOLLWOOD CIR
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
2
2
1242 ft2
1935
New
2223 WAVERLY ST
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
2
1
1120 ft2
1940
New
82 DOGWOOD LANE EXT
Rent to Own Eligible
 
Single Family Home
Badin, NC 28009
3
2
1372 ft2
2002
New
2713 MURDOCK LN
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
3
2
2469 ft2
1973
8600 HILLFORD RD
Rent to Own Eligible
 
Single Family Home
Oakboro, NC 28129
4
3
3174 ft2
1922
40049 NC 740 HWY
Rent to Own Eligible
 
Single Family Home
New London, NC 28127
3
1
1524 ft2
1935
New
32164 LA ST
Rent to Own Eligible
 
Single Family Home
Albemarle, NC 28001
3
2
1308 ft2
1999
139 BARRASS ST
Rent to Own Eligible
 
Single Family Home
Polkton, NC 28135
2
1
720 ft2
1958
1 of 20 740 BO RUN DR
Rent to Own Eligible
 
Single Family Home
Oakboro, NC 28129
3
3
1437 ft2
2017
New
46867 TALL WHIT RD
Rent to Own Eligible
 
Single Family Home
New London, NC 28127
2
1
720 ft2
1983
New
1048 ALLISON ST
Rent to Own Eligible
 
Single Family Home
Oakboro, NC 28129
3
2
1352 ft2
2002
20476 OLD MILL RD
Rent to Own Eligible
 
Single Family Home
Locust, NC 28097
3
2
1221 ft2
1979
7621 PLEASANT HILL CHURCH RD
Rent to Own Eligible
 
Single Family Home
Marshville, NC 28103
3
2
1512 ft2
2000
New
1 of 100 305 BADIN VIEW DR
Rent to Own Eligible
 
Single Family Home
New London, NC 28127
3
4
5601 ft2
2003
New
516 BOWLES RD
Rent to Own Eligible
 
Single Family Home
Mount Gilead, NC 27306
3
2
2070 ft2
1971
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Buying a Home in Norwood, NC

Norwood, NC is seeing rapid growth and Norwood, NC's' housing market remains optimal with an average home price that is -41% below the 2024 national average. Norwood, NC is part of Stanly 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 Stanly is 0.78% which is below the national average, which is 0.99%.

Median Home Price in Norwood, NC

Median Rent in Norwood, NC

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