Rent to own Homes in Morristown, TN

Golf, lakes, The Smoky Mountains, Knoxville, Cherokee Country, wilderness trails, cultural events, history, a frontier spirit and a plan for the future -- it all comes together in Morristown. And its residents love it! The city was founded as an agricultural community in 1855 by settlers moving to the region from Virginia, South Carolina and Pennsylvania. Today a thriving regional manufacturing and business hub, it is also the center of a popular recreational and tourist area.

Morristown, TN is a great place for affordable rent-to-own homes! With a median household income of over $33,511 and a median rent of $714, the Morristown, TN 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 Morristown, TN. 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 Morristown, TN 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 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
Hot
2334 REESE ST
Rent to Own Eligible
 
Single Family Home
Morristown, TN 37814
3
3
1693 ft2
2022
New
1 of 65 1216 CHRISTOPHER LN
Rent to Own Eligible
 
Single Family Home
Morristown, TN 37813
2
2
952 ft2
2004
New
1 of 15 2318 QUILLEN DR
Rent to Own Eligible
 
Single Family Home
Morristown, TN 37814
3
2
1378 ft2
1972
1 of 30 196 ROBERTS RDG
Rent to Own Eligible
 
Single Family Home
Rutledge, TN 37861
3
2
1250 ft2
1978
1 of 12 1066 NATCHEZ DR
Rent to Own Eligible
 
Single Family Home
Talbott, TN 37877
3
2
1212 ft2
2005
1 of 64 700 DRINNON DR
Rent to Own Eligible
 
Single Family Home
Morristown, TN 37814
3
2
1485 ft2
1961
1 of 50 5620 MYERS RD
Rent to Own Eligible
 
Single Family Home
Russellville, TN 37860
3
2
2862 ft2
1970
1 of 165 5798 OLD STAGE RD
Rent to Own Eligible
 
Single Family Home
Morristown, TN 37814
2
2
1264 ft2
1955
1 of 113 3431 WIND CIR
Rent to Own Eligible
 
Single Family Home
Morristown, TN 37814
3
3
2512 ft2
1993
1 of 34 3427 VICKI ST
Rent to Own Eligible
 
Single Family Home
Morristown, TN 37814
3
2
1485 ft2
1966
1 of 24 1333 CARMICHAEL ST
Rent to Own Eligible
 
Single Family Home
Morristown, TN 37814
3
1
992 ft2
1955
1 of 27 184 ROBERTS RDG
Rent to Own Eligible
 
Single Family Home
Rutledge, TN 37861
3
2
1250 ft2
1978
1 of 69 849 SPRUCE ST
Rent to Own Eligible
 
Single Family Home
Morristown, TN 37813
3
3
1225 ft2
1965
6624 LAINEY JANE CT
Rent to Own Eligible
 
Single Family Home
Whitesburg, TN 37891
3
2
1008 ft2
2016
1 of 43 2587 LAKEMONT CIR
Rent to Own Eligible
 
Single Family Home
Morristown, TN 37814
3
2
2688 ft2
1986
New
1 of 42 5321 LAKESHORE DR
Rent to Own Eligible
 
Single Family Home
Bean Station, TN 37708
2
1
1040 ft2
New
1 of 32 1151 E BRANCH DR
Rent to Own Eligible
 
Single Family Home
Talbott, TN 37877
3
2
1621 ft2
1998
1 of 31 2026 JONATHON DR
Rent to Own Eligible
 
Single Family Home
White Pine, TN 37890
3
2
1354 ft2
2019
New
1 of 35 2953 LAKE FOREST CIR
Rent to Own Eligible
 
Single Family Home
Talbott, TN 37877
3
3
2250 ft2
2007
2840 3 SPRINGS RD
Rent to Own Eligible
 
Single Family Home
Whitesburg, TN 37891
2
1
812 ft2
1920
1 of 23 1340 CLINCH VIEW CIR
Rent to Own Eligible
 
Single Family Home
Jefferson City, TN 37760
4
3
3172 ft2
2009
1 of 9 126 OAKLEAF CIR
Rent to Own Eligible
 
Single Family Home
Jefferson City, TN 37760
3
2
1156 ft2
2001
1 of 120 808 LAKEWOOD DR
Rent to Own Eligible
 
Single Family Home
Jefferson City, TN 37760
4
2
2284 ft2
1976
1 of 39 750 RH ELLIS RD
Rent to Own Eligible
 
Single Family Home
Dandridge, TN 37725
3
2
1456 ft2
1993
1 of 192 683 PRIVET DR
Rent to Own Eligible
 
Single Family Home
Dandridge, TN 37725
3
3
3423 ft2
2006
1 of 25 1444 CEDAR LN
Rent to Own Eligible
 
Single Family Home
Dandridge, TN 37725
3
3
2399 ft2
1971
1422 OLD CHISHOLM TRL
Rent to Own Eligible
 
Single Family Home
Dandridge, TN 37725
3
2
1456 ft2
2005
New
1 of 30 435 NORTH ST
Rent to Own Eligible
 
Single Family Home
Newport, TN 37821
4
2
1919 ft2
1925
New
1 of 58 256 DOANE RD
Rent to Own Eligible
 
Single Family Home
New Market, TN 37820
3
2
1640 ft2
2001
1000 ELM ST
Rent to Own Eligible
 
Single Family Home
Rogersville, TN 37857
3
1
1390 ft2
1920
802 LOCUST ST
Rent to Own Eligible
 
Townhouse/Condo
Rogersville, TN 37857
3
3
1770 ft2
1969
433 OAK GROVE RD
Rent to Own Eligible
 
Single Family Home
Rogersville, TN 37857
3
2
2688 ft2
1995
1 of 23 7100 NEWPORT HWY
Rent to Own Eligible
 
Single Family Home
Greeneville, TN 37743
3
2
1957 ft2
1986
1170 OLD KENTUCKY RD S
Rent to Own Eligible
 
Single Family Home
Greeneville, TN 37743
3
2
1296 ft2
1999
1 of 40 2611 CP HOWARD DR
Rent to Own Eligible
 
Single Family Home
Sevierville, TN 37876
2
1
914 ft2
1987
1 of 15 147 HIGHWAY 107 N
Rent to Own Eligible
 
Single Family Home
Del Rio, TN 37727
3
1
815 ft2
1940
1075 BERRY TRAIL DR
Rent to Own Eligible
 
Single Family Home
Sevierville, TN 37862
3
2
1344 ft2
2007
585 SUNRISE CIR
Rent to Own Eligible
 
Single Family Home
Sevierville, TN 37862
2
2
1152 ft2
1991
1 of 7 4933 CIRCLE RD
Rent to Own Eligible
 
Single Family Home
Corryton, TN 37721
2
1
1000 ft2
1950
1 of 31 353 PAINE LAKE DR
Rent to Own Eligible
 
Single Family Home
Sevierville, TN 37862
3
2
1800 ft2
2000
New
9333 NUMBER 4 DR
Rent to Own Eligible
 
Single Family Home
Mascot, TN 37806
2
1
1360 ft2
1908
1 of 18 220 COTTONTAIL COVE WAY
Rent to Own Eligible
 
Single Family Home
Sevierville, TN 37876
2
1
800 ft2
1981
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Buying a Home in Morristown, TN

Morristown, TN is seeing rapid growth and Morristown, TN's' housing market remains optimal with an average home price that is -45% below the 2024 national average. Morristown, TN is part of Hamblen 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 Hamblen is 0.54% which is below the national average, which is 0.99%.

Median Home Price in Morristown, TN

Median Rent in Morristown, TN

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

Top 5 Reasons to Move to Morristown, TN

Central Location: Morristown has a population of about 28,000, but is located in the center of a region with a quarter of a million people, meaning that you can easily find just about anything you want. Cherokee Lake is nearby for fishing and boating. Panther Creek State Park offers a chance to get back to nature and there are lots of hiking, biking and motorcycle trails in the vicinity.

Good for Renters: Approximately 41 percent of the homes in Morristown are renter-occupied, meaning that it is a good place to look for rent to own houses. Local rents are lower, on average, than in comparable cities elsewhere, allowing residents to take full advantage of the local lifestyle. If you're looking for a rental house, check out Rosa Circle or Fowler Drive. If an apartment is more your speed, check out the neighborhood around Maple Avenue.

Positive Growth Spurt! This is a popular tourist area and the center of what is known as the Lakeway Region, but an increasing number of people are coming to the area to stay! Median home prices are 4 percent higher than they were last year and prices are expected to continue on an upward trend. Tourists and locals alike love the lakes and the annual celebrations, including the Strawberry Festival in May and August's Gig It! Music Festival.

The Past Lives Here: History buffs will find a lot to love in Morristown, including the historic home that housed General James Longstreet during the winter of 1863-64. Restored as a museum, it serves as a prime attraction on the Civil War Tour in eastern Tennessee. In the fall, a Civil War Re-enactment attracts throngs of tourists. Downtown's Skymart, an innovative solution to a flooding problem when it was installed in the mid-1960s fell into disrepair over the decades. It has now been repurposed and made a part of the city's greenway master plan, viewed as a way to revitalize the downtown area.

Finding Food! With the dubious distinction of having one of the highest fast food per capita ratios in the country, you will never go hungry in Morristown. But, if you're looking for finer fare, try Hillbilly's Cabin for down-home Tennessee country food. You won't be disappointed if you stick to local favorites like catfish and cornbread! For an experience that feels like being invited to dinner at a friend's home, don't miss Hillside Grill. In fact, The Angelos family, which has operated the restaurant since 1979, delights in treating customers like guests!