Rent to own Homes in Balfour, ND

Balfour, ND is a great place for affordable rent-to-own homes! With the current housing shortage trend it can make it harder to become a homeowner, including in Balfour, ND. 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 Balfour, ND rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 5 of 5
30 1ST ST NW
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Sawyer, ND 58781
3
3
2760 ft2
1963
202 ROOSEVELT ST
REO Foreclosure
 
Single Family Home
Turtle Lake, ND 58575
5
2
1134 ft2
1967
110 1ST ST E
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Velva, ND 58790
0
0
0 ft2
1559Y 52ND W
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Velva, ND 58790
0
0
0 ft2
New
2090 75TH ST NE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Willow City, ND 58384
0
0
0 ft2
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Neighborhoods in Balfour, ND

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Buying a Home in Balfour, ND

Balfour, ND is seeing rapid growth and Balfour, ND's' housing market remains optimal with an average home price that is -71% below the 2024 national average. Balfour, ND is part of McHenry 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 McHenry is 1% which is above the national average, which is 0.99%.

Median Home Price in Balfour, ND

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Median Rent in Balfour, ND

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