Rent to own Homes in New Salem, ND

New Salem, ND is a great place for affordable rent-to-own homes! With a median household income of over $59,643 and a median rent of $740, the New Salem, ND 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 New Salem, 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 New Salem, ND rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 22 of 22
Hot
610 11TH ST NW
Rent To Own
 
Single Family Home
Mandan, ND 58554
5
4
3185 ft2
1975
207 DAKOTA ST N
Auction
 
Single Family Home
Elgin, ND 58533
3
1
1518 ft2
7133 Red Rock Street Block LOT 1-3
Rent To Own
 
Single Family Home
Elgin, ND 58533
0
0
0 ft2
305 S 6TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
New Salem, ND 58563
0
0
0 ft2
309 E OAK AVE
REO Foreclosure
 
Single Family Home
Glen Ullin, ND 58631
0
0
0 ft2
207 S 4TH ST
REO Foreclosure
 
Single Family Home
Glen Ullin, ND 58631
0
0
0 ft2
303 S MAIN ST
Auction
 
Single Family Home
Glen Ullin, ND 58631
0
0
0 ft2
324 2ND AVE W
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Flasher, ND 58535
0
0
0 ft2
New
303 MAIN ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Stanton, ND 58571
0
0
0 ft2
New
4616 CORTEZ CIR
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Mandan, ND 58554
0
0
0 ft2
320 7TH AVE NW
REO Foreclosure
 
Single Family Home
Hazen, ND 58545
0
0
0 ft2
1105 CENTER DR
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Hazen, ND 58545
0
0
0 ft2
2103 7TH AVE SW
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Mandan, ND 58554
0
0
0 ft2
708 1ST ST NW
REO Foreclosure
 
Single Family Home
Mandan, ND 58554
0
0
0 ft2
802 COBBLESTONE LOOP SW
REO Foreclosure
 
Single Family Home
Mandan, ND 58554
0
0
0 ft2
New
504 3RD ST NW
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Mandan, ND 58554
0
0
0 ft2
New
407 3RD ST NW
Auction
 
Single Family Home
Mandan, ND 58554
0
0
0 ft2
304 8TH ST NW
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Mandan, ND 58554
0
0
0 ft2
905 1ST AVE NW
REO Foreclosure
 
Single Family Home
Mandan, ND 58554
0
0
0 ft2
New
6437 KINGSWOOD RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Bismarck, ND 58503
4
0
2004 ft2
1996
709 JOHNS DR
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Mandan, ND 58554
0
0
0 ft2
New
801 10TH ST NE
REO Foreclosure
 
Single Family Home
Beulah, ND 58523
0
0
0 ft2
Map
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Buying a Home in New Salem, ND

New Salem, ND is seeing rapid growth and New Salem, ND's' housing market remains optimal with an average home price that is -34% below the 2024 national average. New Salem, ND is part of Morton 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 Morton is 1.79% which is above the national average, which is 0.99%.

Median Home Price in New Salem, ND

Median Rent in New Salem, ND

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