Rent to own Homes in Lima, OH

Lima, OH is a great place for affordable rent-to-own homes! With a median household income of over $34,586 and a median rent of $687, the Lima, OH 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 Lima, OH. 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 Lima, OH rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
Hot
1 of 15 4007 BROOKSHORE DR
Rent To Own
 
Townhouse/Condo
Lima, OH 45801
2
2
1280 ft2
2005
1 of 17 828 MICHAEL AVE
Rent To Own
Fifth Ward
Single Family Home
Lima, OH 45804
2
1
892 ft2
1920
1 of 23 2825 SHADOWOOD DR
Rent To Own
Lakewood West
Single Family Home
Lima, OH 45805
3
3
2479 ft2
1981
Hot
1 of 14 3606 MALIBU DR
Rent To Own
 
Single Family Home
Lima, OH 45807
3
2
1370 ft2
2000
Hot
407 JACKSON ST
Rent To Own
 
Single Family Home
Wapakoneta, OH 45895
3
2
1866 ft2
1976
1 of 5 447 S WASHINGTON ST
Rent To Own
 
Single Family Home
Delphos, OH 45833
3
1
1248 ft2
1920
1 of 18 219 N SPRING ST
Rent To Own
 
Single Family Home
Bluffton, OH 45817
3
1
1306 ft2
1923
1 of 16 23091 DOLT RD
Rent To Own
 
Single Family Home
Delphos, OH 45833
4
3
2575 ft2
1980
New
1 of 28 545 OAKRIDGE RD
Rent To Own
 
Single Family Home
Lakeview, OH 43331
3
3
1786 ft2
1973
Hot
1 of 20 602 N SIMON ST
Rent To Own
 
Single Family Home
Ada, OH 45810
3
1
1406 ft2
1940
1 of 35 13000 LOCHARD RD
Rent To Own
 
Single Family Home
Anna, OH 45302
5
3
2560 ft2
1988
1 of 24 113 TIMBER TRL
Rent To Own
 
Single Family Home
Anna, OH 45302
3
3
2370 ft2
2019
Hot
12111 WONES RD
Rent To Own
 
Single Family Home
Maplewood, OH 45340
3
2
1878 ft2
1994
1 of 20 691 TABITHA CT
Rent To Own
 
Single Family Home
Sidney, OH 45365
4
3
2835 ft2
2000
Hot
1 of 9 111 E PARK ST
Rent To Own
 
Single Family Home
Fort Loramie, OH 45845
4
3
3080 ft2
1928
1 of 10 13375 Bent Brook Drive
Rent To Own
 
Single Family Home
Van Wert, OH 45891
3
2
1307 ft2
Hot
1 of 20 3 WILLOW LN
Rent To Own
 
Single Family Home
Van Wert, OH 45891
5
4
3067 ft2
1968
1336 RYE DR
Rent To Own
 
Single Family Home
Van Wert, OH 45891
3
2
1273 ft2
2021
1 of 10 1148 GATSBY BLVD
Rent To Own
 
Single Family Home
Van Wert, OH 45891
3
2
1410 ft2
2021
1301 RYE DR
Rent To Own
 
Single Family Home
Van Wert, OH 45891
4
3
2279 ft2
2020
1 of 15 435 CEDAR LN
Rent To Own
 
Single Family Home
Arlington, OH 45814
4
2
2724 ft2
1981
1 of 14 263 WATER ST
Rent To Own
 
Single Family Home
Scott, OH 45886
3
1
1344 ft2
1 of 15 142 KATARINA LN
Rent To Own
 
Single Family Home
Findlay, OH 45840
3
2
1952 ft2
2007
1 of 51 3939 Russia-Versailles Road
Rent To Own
 
Multifamily (2 - 4 Units)
Russia, OH 45363
5
2
2500 ft2
1900
825 WESTVIEW DR
Rent To Own
 
Single Family Home
Coldwater, OH 45828
4
2
2039 ft2
1965
1 of 12 2321 BLUESTONE DR
Rent To Own
 
Single Family Home
Findlay, OH 45840
5
3
2146 ft2
2016
New
1 of 5 254 S LEONARD AVE
Auction
 
Single Family Home
Lima, OH 45804
2
1
2104 ft2
1946
555 S GLENWOOD AVE
Auction
Lakewood West
Single Family Home
Lima, OH 45805
3
2
1901 ft2
1954
New
2011 W WAYNE ST
Auction
Westgate
Single Family Home
Lima, OH 45805
4
2
1114 ft2
1950
New
141 PARADISE PL
Auction
 
Single Family Home
Lima, OH 45801
3
2
1072 ft2
1973
New
1433 SAINT JOHNS AVE
Auction
Southside Lima
Single Family Home
Lima, OH 45804
4
1
1555 ft2
1953
New
312 S JUDKINS AVE
Auction
Lakewood West
Single Family Home
Lima, OH 45805
3
1
1310 ft2
1928
340 W ROBB AVE
REO Foreclosure
Northside Lima
Single Family Home
Lima, OH 45801
2
2
1160 ft2
1940
754 OAK ST
Auction
Fifth Ward
Single Family Home
Lima, OH 45804
3
1
1302 ft2
1927
New
1 of 2 637 S METCALF ST
Auction
 
Single Family Home
Lima, OH 45804
2
1
1350 ft2
1910
517 N DALE DR
Auction
Westgate
Single Family Home
Lima, OH 45805
2
1
820 ft2
1911
New
163 S DEWEY AVE
Auction
 
Single Family Home
Lima, OH 45804
2
1
1209 ft2
1927
New
232 W OCONNOR AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Lima, OH 45801
2
3
1584 ft2
1919
948 W EUREKA ST
Auction
Riverside North
Single Family Home
Lima, OH 45801
3
1
1152 ft2
1921
New
923 RICHIE AVE
Auction
Central Lima
Single Family Home
Lima, OH 45805
5
2
2011 ft2
1920
1 of 5 575 CORTLANDT AVE
Auction
 
Single Family Home
Lima, OH 45801
2
1
1029 ft2
1923
1 of 12 1236 BELVIDERE AVE
REO Foreclosure
 
Single Family Home
Lima, OH 45801
3
2
1842 ft2
1957
New
332 S KENILWORTH AVE
Pre-Foreclosure (Lis Pendens)
Riverside North
Single Family Home
Lima, OH 45805
3
2
1795 ft2
1921
786 HOLLY ST
Auction
Fifth Ward
Single Family Home
Lima, OH 45804
4
1
1604 ft2
1920
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Buying a Home in Lima, OH

Lima, OH is seeing rapid growth and Lima, OH's' housing market remains optimal with an average home price that is -68% below the 2024 national average. Lima, OH is part of Allen 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 Allen is 1.27% which is above the national average, which is 0.99%.

Median Home Price in Lima, OH

Median Rent in Lima, OH

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