Rent to own Homes in Tennessee

In 1772, a group of Europeans living in what is now Tennessee formed the Watauga Association - the first government body in America not under British rule. They leased land from the Cherokee, elected magistrates, created a court, and hired a sheriff without England's permission. Tennesseans continued to defy the British and participated heavily in the Revolutionary War by sending troops to other territories to help America gain its independence. The state suffered greatly during the Civil War. Most of Tennessee's property was destroyed, and its people were killed in the many battles throughout the state.

During the late 19th century, the state began to rebuild. What you'll find in Tennessee today is a modern state that is home to Fortune 500 and 1000 companies and whose economy was ranked 12th in the country by U.S. News in 2019. Tennessee's government provides a full range of services for its 6,829,174 citizens while being the most fiscally stable state in the nation.

Check out Tennessee rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1725 WYNRUSH CIR
Rent To Own
 
Single Family Home
Knoxville, TN 37923
4
4
2986 ft2
1994
1 of 58 226 Saint Andrews Dr
Rent To Own
 
Single Family Home
Franklin, TN 37069
5
4
3368 ft2
1975
1 of 73 784 RUSSELL RD
Rent To Own
Stanworth
Single Family Home
Jackson, TN 38305
4
2
2157 ft2
1967
Hot
1 of 34 1408 POWERS BRIDGE RD
Rent To Own
 
Single Family Home
Manchester, TN 37355
3
3
3700 ft2
1900
289 Goodlett Dr
Rent To Own
 
Single Family Home
Clarksville, TN 37042
1
1
832 ft2
Hot
4048 WARD AVE
Rent To Own
Jackson
Single Family Home
Memphis, TN 38108
2
1
715 ft2
1951
5330 LAURIE LN
Rent To Own
White Station -Yates Neighborhood Association
Single Family Home
Memphis, TN 38120
4
1
2026 ft2
1955
5657 NORMANDY PL
Rent To Own
Sylvan Hills
Single Family Home
Memphis, TN 38120
3
3
2600 ft2
1961
6618 Chesapeake Dr
Rent To Own
 
Single Family Home
Memphis, TN 38122
3
2
1344 ft2
6040 SYON CV
Rent To Own
Balmoral Residents Association
Single Family Home
Memphis, TN 38119
4
3
2626 ft2
1971
3125 BRUTON BRANCH RD
Rent To Own
 
Single Family Home
Savannah, TN 38372
3
3
1566 ft2
1963
3646 HAUGHTON LN #1
Rent To Own
Lantern Square Apartments
Townhouse/Condo
Memphis, TN 38128
3
3
1626 ft2
1974
4036 S WALNUT GROVE CIR
Rent To Own
Pidgeon Estates
Single Family Home
Memphis, TN 38117
3
2
2237 ft2
1950
1 of 88 1030 GENERAL GEORGE PATTON RD
Rent To Own
River Plantation
Townhouse/Condo
Nashville, TN 37221
3
2
1403 ft2
1982
4562 QUINCE RD
Rent To Own
Colonial Acres Neighborhood Association
Single Family Home
Memphis, TN 38117
3
1
1006 ft2
1952
16 HANNAH GRACE LN
Rent To Own
 
Single Family Home
Manchester, TN 37355
3
2
1274 ft2
2008
222 GROVE DALE ST
Rent To Own
East Memphis
Single Family Home
Memphis, TN 38120
3
5
3309 ft2
1965
3412 LUZON DR
Rent To Own
Parkway Village
Single Family Home
Memphis, TN 38118
3
2
1400 ft2
1963
(Undisclosed Address)
Rent To Own
Donelson Hermitage Old Hickory
Single Family Home
Old Hickory, TN 37138
5
4
4234 ft2
2016
3203 STATESVILLE RD
Rent To Own
 
Single Family Home
Watertown, TN 37184
4
3
1887 ft2
2000
3630 CRESTWYN DR
Rent To Own
Lakes of Forest Hill
Single Family Home
Germantown, TN 38138
4
4
2803 ft2
1972
4886 Bilco Rd
Rent To Own
Coro Lake Property Owners Association
Single Family Home
Memphis, TN 38109
5
3
0 ft2
1960
1531 CENTERVILLE HWY
Rent To Own
 
Single Family Home
Hohenwald, TN 38462
3
2
2240 ft2
1986
Hot
8074 S REGIS PL
Rent To Own
Alliance of Cordova Neighborhoods
Single Family Home
Cordova, TN 38018
4
2
1944 ft2
1981
6861 CORAL HILL DR
Rent To Own
Easthill
Single Family Home
Bartlett, TN 38135
3
2
1541 ft2
1978
6112 KING ROBERT LN
Rent To Own
 
Single Family Home
Westmoreland, TN 37186
2
3
1390 ft2
2000
681 E DAVANT AVE
Rent To Own
Longview Heights Civic Club
Single Family Home
Memphis, TN 38106
2
1
953 ft2
1937
3004 BELMONT BLVD
Rent To Own
12 South
Single Family Home
Nashville, TN 37212
6
6
4891 ft2
1950
112 CHEYENNE AVE
Rent To Own
 
Single Family Home
Winchester, TN 37398
3
2
1104 ft2
1998
Hot
1716 VIRGINIA AVE
Rent To Own
 
Single Family Home
Kingsport, TN 37664
4
1
1980 ft2
1943
New
4309 AMSTERDAM LN
Rent To Own
 
Single Family Home
Knoxville, TN 37938
5
3
2600 ft2
2022
Hot
1 of 4 372 HAYTER DR
Rent To Own
 
Single Family Home
Morristown, TN 37813
4
3
3864 ft2
1999
1 of 17 1663 Pressman's Home Road
Rent To Own
 
Multifamily (2 - 4 Units)
Rogersville, TN 37857
1
1
2500 ft2
1958
270 BEARFIELD RD
Rent To Own
 
Single Family Home
Chuckey, TN 37641
4
2
3944 ft2
1980
155 FEDERAL BLVD
Rent To Own
Farragut
Single Family Home
Farragut, TN 37934
4
3
3896 ft2
1988
200 Euchee Ln LOT 38
Rent To Own
 
Single Family Home
Ten Mile, TN 37880
2
2
993 ft2
1994
117 JOEL DR SW
Rent To Own
 
Single Family Home
Cleveland, TN 37311
3
1
1028 ft2
1976
100 COUNTY ROAD 2520
Rent To Own
 
Single Family Home
Athens, TN 37303
3
3
1800 ft2
2007
107 COUNTY ROAD 2520
Rent To Own
 
Single Family Home
Athens, TN 37303
4
3
2552 ft2
2008
395 Sequachee Dr
Rent To Own
 
Single Family Home
Whitwell, TN 37397
3
2
1228 ft2
2020
6944 WYNDHAM POINTE LN
Rent To Own
 
Single Family Home
Knoxville, TN 37931
3
2
2450 ft2
2004
7643 MONGER LN
Rent To Own
 
Single Family Home
Ooltewah, TN 37363
3
2
1472 ft2
1999
250 TENRY RD
Rent To Own
 
Single Family Home
Enville, TN 38332
3
3
1648 ft2
1978
1 of 50 10 AUTUMN CIR
Rent to Own Eligible
 
Single Family Home
Fayetteville, TN 37334
3
3
2181 ft2
2008
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More Tennessee Property Resources

Rent to own Homes in Cities Near Tennessee

Average Cost of Living in Tennessee

Tennessee has an affordable cost of living that's 12.4% lower than the national average. The state excels in the categories of groceries, housing, utilities, and transportation, while health costs are 1.9% above average. Although Nashville, the most populous city in the state, is 1.6% higher than the U.S. average, desirable cities such as Knoxville and Memphis are 14.5% and 24% lower.

Average Home Prices in Tennessee

You won't have to pay much for a house in Tennessee. The median cost of a home in the state is $164,500, which is significantly lower than the national average of $231,200. Nashville's average is $262,000, but that doesn't mean you can't find low-priced homes in the more popular cities. Memphis is the second-most populous municipality in the state, and the median home cost in the city is $85,700. You can find very affordable rent-to-own homes in Tennessee without looking too hard.

Tennessee Statistics

If you're interested in Tennessee rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common Tennessee statistics compared to the U.S. national average.

Tennessee Averages National Averages
One-Way Commute 24.8 minutes 26.4 minutes
Violent Crime 34.3 22.7
Property Crime 42.8 35.4
Unemployment Rate 4.3% 3.9%
Income Tax Rate 0% 4.6%
Air Quality 72 58
Water Quality 58 55
Median Household Income $44,621 $53,482
Median Property Taxes $1,120 $2,200
Utilities $120/month $112/month
Monthly Rent $840 $1,470
Median Home Cost $164,500 $231,200
Median Home Age 34 years 40 years

Popular Tennessee Cities

Future president Andrew Jackson founded Memphis in May of 1819. Like many cities in Tennessee, there's music in the air in Memphis. Elvis Presley's home, Graceland, and Beale Street, an entertainment district within the downtown, are two iconic spots that people associate with the city. Memphis is a full-blown municipality with 651,073 residents. It has everything you could expect in a major city - an international airport, a prosperous economy, a lively downtown, and even a professional sports team, the Memphis Grizzlies.

Nashville, also known as ""Music City,"" is both the capital and the most populous city in Tennessee. Its 670,820 residents live in a variety of neighborhoods, from luxury apartments above the downtown to the brick-lined Historic Germantown. Nashville had an 11.2% population increase over the past decade as people flocked to the city for its strong job market. It is a friendly, diverse city that supports its businesses and citizens' needs. Residents enjoy its location along the Cumberland River, where they can use the water for recreation, relax at a riverside park, and dine at riverfront eateries.

Jonesborough is the oldest municipality in Tennessee. Founded in 1779, this charming town has 5,611 residents. Its 5.14 square miles have lots of appeal. Jonesborough offers guided tours to teach about its history, a 130-acre park with walking and hiking trails, and a full-scale waterpark. The downtown has interesting local artisanal shops such as Paul's Pens and Odds and Ends, the largest handcrafted pen store in the country, and Antiques and Artisans, a 10,000-square-foot shop that sells everything from silver products to Victorian furniture. You can stay at a variety of hotels ranging from modern to historical and unique.

Popular Amenities and Attractions in Tennessee

Great Smoky Mountains National Park, part of which is in Tennessee, provides visitors a full outdoor experience. Its more than 500,000 acres contain mountains, streams, vegetation, waterfalls, and wildlife. If you want a unique camping experience, hike the trails to LeConte Lodge and spend the night in a cabin. Located 6,360 feet up Mount Leconte, you'll enjoy breathtaking views and a serene, natural environment.

Tennessee might not be Hollywood, but it does have Dollywood Parks and Resorts. The theme park provides fun, games, rides, shows, and dining for the whole family. You'll also find a waterpark and the Chasing Rainbows Museum, where you can learn about Dolly Parton's accomplishments and view the costumes and outfits the famous singer wore during her movie and singing careers. If you want to spend the night in the area, you can stay in a cabin with mountain views or at the DreamMore Resort and Spa.

The state preserves its horrifying Civil War experiences despite losing almost every battle during the war. You can learn a lot of its history at destinations such as the Chickamauga and Chattanooga National Military Park or Fort Pillow State Historic Park. Or visit the Carter House and Canton to gain a better understanding of the effect the war had on the country as a whole.

There were some sad moments in Tennessee's history, but the state is now an affordable, charming, and economically sound place to live. Luckily, Tennessee also has many well-priced rent-to-own homes available for you to choose from.