Rent to own Homes in Cranston, RI

The third-largest city in Rhode Island, Cranston is in Providence County. With a population of over 80,387, Cranston has a number of historic sites, as well as a beautiful shoreline that runs along Narragansett Bay. In 1638, a man named William Arnold built the first house in the Cranston area. Over a century later, in 1754, Cranston incorporated as a town. When it formed, Cranston had an agrarian-based economy. That changed with the Industrial revolution, which attracted large numbers of European immigrants to Cranston, who came for employment at the mills. In 2006, Money Magazine named Cranston as one of the 100 best places to live in the United States. So, if you're considering a rent to own home or a rental apartment in Rhode Island, Cranston might be a great place to begin your search.

Cranston, RI is a great place for affordable rent-to-own homes! With a median household income of over $74,425 and a median rent of $1,107, the Cranston, RI 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 Cranston, RI. 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 Cranston, RI rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 4 2128 HARTFORD AVE
Rent To Own
Bishop Heights
Single Family Home
Johnston, RI 02919
3
1
1080 ft2
1950
247 GROSVENOR AVE
Rent To Own
North Providence
Single Family Home
North Providence, RI 02904
2
2
959 ft2
1953
54 ACRES OF PINE RD
Rent To Own
 
Single Family Home
Coventry, RI 02816
2
2
1440 ft2
1940
1 of 37 81 BAILEY HILL RD
Rent to Own Eligible
 
Single Family Home
Danielson, CT 06239
3
2
1456 ft2
1988
Hot
1386 NORTH RD
Rent to Own Eligible
 
Single Family Home
Dayville, CT 06241
3
2
2877 ft2
1990
New
46 RIVER RD
Rent to Own Eligible
 
Single Family Home
Sterling, CT 06377
2
1
1125 ft2
1790
1 of 29 109 STERLING RD
Rent to Own Eligible
 
Single Family Home
Sterling, CT 06377
2
1
768 ft2
1965
1 of 24 42 BROOKSIDE DR
Rent to Own Eligible
 
Single Family Home
Dayville, CT 06241
3
2
1541 ft2
2015
233 SNAKE MEADOW RD
Rent to Own Eligible
 
Single Family Home
Moosup, CT 06354
3
2
2224 ft2
1996
424 QUADDICK RD
Rent to Own Eligible
 
Single Family Home
Thompson, CT 06277
2
1
1076 ft2
1880
3 WEEKS LN
Rent to Own Eligible
 
Single Family Home
Dayville, CT 06241
2
1
640 ft2
1945
Hot New
185 LAKE ST
Rent to Own Eligible
 
Single Family Home
Moosup, CT 06354
3
1
1092 ft2
1984
Hot
1 of 5 552 SQUAW ROCK RD
Rent to Own Eligible
 
Single Family Home
Moosup, CT 06354
3
2
1732 ft2
1987
1 of 10 4 Starling Ct
Rent to Own Eligible
 
Single Family Home
Killingly, CT 06239
2
2
1292 ft2
2017
New
143 SPICER RD
Rent to Own Eligible
 
Single Family Home
Thompson, CT 06277
4
4
1664 ft2
1981
349 BEACH POND RD
Rent to Own Eligible
 
Single Family Home
Voluntown, CT 06384
3
4
2882 ft2
2009
1 of 50 38 WESTFIELD AVE
Rent to Own Eligible
 
Single Family Home
Danielson, CT 06239
4
2
1764 ft2
1951
1 of 15 1090 DAVIS AVE
Rent to Own Eligible
 
Single Family Home
Danielson, CT 06239
3
1
1120 ft2
1957
16 TIFFANY ST
Rent to Own Eligible
 
Townhouse/Condo
Brooklyn, CT 06234
8
2
2163 ft2
1820
New
457 LIBERTY HWY
Rent to Own Eligible
 
Single Family Home
Putnam, CT 06260
3
3
3499 ft2
2004
Hot New
82 PENDLETON HILL RD
Rent to Own Eligible
 
Single Family Home
Voluntown, CT 06384
4
2
1550 ft2
1962
133 COLONIAL RD
Rent to Own Eligible
 
Single Family Home
Plainfield, CT 06374
4
1
864 ft2
1993
1 of 4 437 PROVIDENCE RD
Rent to Own Eligible
 
Single Family Home
Brooklyn, CT 06234
4
1
1609 ft2
1948
70 PERRY ST #136
Rent to Own Eligible
 
Townhouse/Condo
Putnam, CT 06260
3
2
1588 ft2
1989
1 of 9 354 WILSONVILLE RD
Rent to Own Eligible
 
Single Family Home
North Grosvenordale, CT 06255
2
2
1008 ft2
1972
New
7-11 PACKERVILLE RD
Rent to Own Eligible
 
Townhouse/Condo
Plainfield, CT 06374
9
3
1680 ft2
1917
Hot New
35-37 N CHESTNUT ST
Rent to Own Eligible
 
Townhouse/Condo
Plainfield, CT 06374
6
3
2331 ft2
1860
New
16 DUDLEY ST
Rent to Own Eligible
 
Single Family Home
Putnam, CT 06260
3
2
1472 ft2
1994
New
21 DAWN LN
Rent to Own Eligible
 
Single Family Home
Brooklyn, CT 06234
3
3
1515 ft2
1986
Hot
57 PACKERVILLE RD
Rent to Own Eligible
 
Single Family Home
Plainfield, CT 06374
2
1
1189 ft2
1920
1 of 25 50 Richmond Rd
Rent to Own Eligible
 
Single Family Home
Putnam, CT 06260
2
2
1259 ft2
2004
New
38 BUCKLEY HILL RD
Rent to Own Eligible
 
Single Family Home
North Grosvenordale, CT 06255
5
1
1860 ft2
1912
94 PROVIDENCE RD
Rent to Own Eligible
 
Single Family Home
Brooklyn, CT 06234
4
4
4000 ft2
1753
1 of 34 4 TERRY LN
Rent to Own Eligible
 
Single Family Home
Plainfield, CT 06374
3
3
2382 ft2
1976
98 RILL BROOK RD
Rent to Own Eligible
 
Single Family Home
Jewett City, CT 06351
3
2
1152 ft2
1938
New
67 JEZIERSKI RD
Rent to Own Eligible
 
Single Family Home
North Grosvenordale, CT 06255
2
2
1545 ft2
1988
Hot
166 ELMDALE RD
Rent to Own Eligible
 
Single Family Home
Canterbury, CT 06331
4
3
2966 ft2
1996
58 JOHNSON COVE RD
Rent to Own Eligible
 
Single Family Home
Jewett City, CT 06351
4
3
2400 ft2
2004
48 MILL BROOK LN
Rent to Own Eligible
 
Single Family Home
Woodstock, CT 06281
4
4
4313 ft2
2003
35 TALCOTT AVE
Rent to Own Eligible
 
Single Family Home
Jewett City, CT 06351
5
3
2558 ft2
1940
New
139 ASHLAND ST
Rent to Own Eligible
 
Single Family Home
Jewett City, CT 06351
3
2
1488 ft2
1921
210 KENWOOD
Rent to Own Eligible
 
Single Family Home
Jewett City, CT 06351
3
3
2976 ft2
1992
49 KENDALL RD
Rent to Own Eligible
 
Single Family Home
Jewett City, CT 06351
4
2
2051 ft2
1983
New
49 OLD HALL RD
Rent to Own Eligible
 
Single Family Home
Woodstock, CT 06281
3
3
2400 ft2
1994
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Buying a Home in Cranston, RI

Cranston, RI is seeing rapid growth and Cranston, RI's' housing market remains not optimal with an average home price that is 18% above the 2024 national average. Cranston, RI is part of Providence 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 Providence is 1.31% which is above the national average, which is 0.99%.

Median Home Price in Cranston, RI

Median Rent in Cranston, RI

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

Top Reasons to Live in Cranston RI

Housing Numbers Cranston, Rhode Island, has 32,954 homes to house its residents. Of these, 30,954 have owners or renters living in them. Owners occupy 20,671 homes and renters live in 10,283 dwellings. The median gross rent in 2011 was $943.00. One-third of the Cranston population is renters. The median value of a house or condominium in 2011 was $225,900. The value in 2000 was $122,600. The return on housing investment over this 11-year period nearly doubled. There are more than 300 properties in Cranston, Rhode Island, available on a rental basis.

Outdoor Recreation Outdoor enthusiasts find many activities in Cranston. Swimmers enjoy the Budlong Pool, which is one of the largest outdoor swimming pools in the United States. The Cranston Country Club is invigorating for golfers. Outdoor rock climbers can learn new techniques at the Eastern Mountain Sports Climbing School. Hikers and backpackers appreciate the trails in the John L. Curran Management Area; tree species here include oak, maple, and beech. Area residents and visitors have a great time ice-skating at the Cranston Veteran's Memorial Ice Rink. Those seeking a more gentle outdoor adventure, head to Confreda Greenhouses and Farms, which features hayrides and a farmer's market on weekends.

Local Events and Festivals Providence, Rhode Island, is close to Cranston. Every summer, Cranston residents take the short drive to Providence to enjoy any of a number of jazz concerts at the Providence Summer Jazz Series. Blues, Dixieland, gospel, and more are available on a reserved seat basis. Yearly, the Annual Fall Out of Summer Arts Festival also happens in Cranston. It features art, theater, music, and food. Admission is $1. This family event has many activities, including pumpkin and face painting, contests with art themes, a street art contest, and a Dog Show Off contest. The annual Christmas tree lighting event is at Cranston City Hall the first week in December. The tree lighting ceremony officially opens the holiday season for the city. Carolers sing and Santa Claus usually makes an appearance.

Neighborhoods The neighborhoods in Cranston all have their own rich history. Here are some you should know about: