Rent to own Homes in Lake Poinsett, SD

Lake Poinsett, SD 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 Lake Poinsett, SD. 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 Lake Poinsett, SD rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 25 of 25
Hot
1 of 22 263 E LAKE DR
Rent To Own
 
Single Family Home
Estelline, SD 57234
4
2
0 ft2
2006
New
724 STONEY POINT TRL #412
Rent To Own
 
Townhouse/Condo
Watertown, SD 57201
2
2
1427 ft2
2021
New
602 W 5TH ST
Auction
 
Single Family Home
Volga, SD 57071
2
2
1064 ft2
2018
311 E 4TH ST
Auction
 
Single Family Home
Volga, SD 57071
2
1
924 ft2
1957
305 LINCOLN LN
Auction
 
Single Family Home
Volga, SD 57071
5
2
1152 ft2
1979
715 KASAN AVE
Auction
 
Single Family Home
Volga, SD 57071
3
1
868 ft2
1925
Hot
111 W 4TH ST
REO Foreclosure
 
Single Family Home
Ramona, SD 57054
3
2
2068 ft2
1920
601 RASMUSSEN ST
Auction
 
Single Family Home
Aurora, SD 57002
3
3
2136 ft2
1900
707 W 3RD AVE
Auction
 
Single Family Home
Flandreau, SD 57028
2
2
1130 ft2
1956
305 LILAC AVE
Auction
 
Single Family Home
Aurora, SD 57002
5
3
1398 ft2
2009
524 6TH AVE SE
Auction
 
Single Family Home
Watertown, SD 57201
0
0
0 ft2
1947
New
410 7TH ST SE
Auction
 
Single Family Home
Watertown, SD 57201
0
0
0 ft2
1941
516 S BROADWAY
Auction
 
Single Family Home
Watertown, SD 57201
0
0
0 ft2
1900
712 1ST AVE SE
Auction
 
Single Family Home
Watertown, SD 57201
0
0
0 ft2
1885
New
16 11TH ST NE
Auction
 
Single Family Home
Watertown, SD 57201
0
0
0 ft2
1955
1 of 5 208 2ND AVE SW
Auction
 
Single Family Home
Watertown, SD 57201
0
0
0 ft2
1880
New
109 11TH ST NW
Auction
 
Single Family Home
Watertown, SD 57201
0
0
0 ft2
1930
New
316 N PARK ST
Auction
 
Single Family Home
Watertown, SD 57201
0
0
0 ft2
1900
New
417 2ND ST NW
Auction
 
Single Family Home
Watertown, SD 57201
0
0
0 ft2
1887
111 6TH AVE NE
Auction
 
Single Family Home
Watertown, SD 57201
0
0
0 ft2
1911
New
809 9TH ST NE
Auction
 
Single Family Home
Watertown, SD 57201
0
0
0 ft2
1917
1 of 4 1034 3RD ST NE
Auction
 
Single Family Home
Watertown, SD 57201
0
0
0 ft2
1959
New
1501 N MAPLE
Auction
 
Single Family Home
Watertown, SD 57201
0
0
0 ft2
1993
New
201 2ND ST
Auction
 
Single Family Home
Henry, SD 57243
0
0
0 ft2
1998
210 KLINE AVE
Auction
 
Single Family Home
Florence, SD 57235
0
0
0 ft2
1973
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Buying a Home in Lake Poinsett, SD

Lake Poinsett, SD is seeing rapid growth and Lake Poinsett, SD's' housing market remains not optimal with an average home price that is 51% above the 2024 national average. Lake Poinsett, SD is part of Hamlin 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 Hamlin is 1.3% which is above the national average, which is 0.99%.

Median Home Price in Lake Poinsett, SD

Median Rent in Lake Poinsett, SD

Median rent data is currently unavailable.
Rent to own homes offer low monthly payments and flexible terms.