Rent to own Homes in Mentasta Lake, AK

Mentasta Lake, AK is a great place for affordable rent-to-own homes! With a median household income of over $50,000 and a median rent of $347, the Mentasta Lake, AK 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 Mentasta Lake, AK. 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 Mentasta Lake, AK rent to own homes for sale, which may include auction properties, for sale by owner, and more.
1 of 25 1319.8 alaska hwy Tok ALASKA
Rent To Own
 
Multifamily (2 - 4 Units)
Tok, AK 99780
4
2
2500 ft2
2009
Map
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Rent to own homes offer low monthly payments and flexible terms.