Rent to own Homes in Three Lakes, FL

Three Lakes is a suburb of Miami, located in Miami-Dade County. This bustling area has grown quickly in the last 15 years, and these days the population is around 15,000. As the name suggests, the area has plenty of water, which really adds to its overall appeal and charm. About two thirds of Three Lakes locals live in owner-occupied properties, including detached homes, townhouses and apartments.

Three Lakes, FL is a great place for affordable rent-to-own homes! With a median household income of over $71,186 and a median rent of $1,914, the Three Lakes, FL 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 Three Lakes, FL. 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 Three Lakes, FL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
12525 SW 72ND AVE
Rent To Own
Pinecrest
Single Family Home
Pinecrest, FL 33156
5
4
3528 ft2
1954
6206 Paradise Point Dr #6206
Rent To Own
Palmetto Bay
Single Family Home
Miami, FL 33157
4
4
2540 ft2
1997
301 Altara Ave PH 907
Rent To Own
Industrial Section
Single Family Home
Coral Gables, FL 33146
1
1
0 ft2
2019
Hot
301 ALTARA AVE #801
Rent To Own
Industrial Section
Townhouse/Condo
Coral Gables, FL 33146
3
2
1187 ft2
2019
Hot
301 ALTARA AVE #513
Rent To Own
Industrial Section
Townhouse/Condo
Coral Gables, FL 33146
2
2
906 ft2
2019
601 SW 39TH AVE
Rent To Own
Flagami
Single Family Home
Coral Gables, FL 33134
4
3
2364 ft2
1941
1945 NW 29TH ST #A4
Rent To Own
Allapattah
Townhouse/Condo
Miami, FL 33142
2
1
677 ft2
1974
1 of 309 900 BAY DR
Rent To Own
Isle Of Normandy Ocean Side
Townhouse/Condo
Miami Beach, FL 33141
2
2
1550 ft2
1963
1 of 77 2450 NE 135th St
Rent To Own
 
Townhouse/Condo
North Miami, FL 33181
2
2
1190 ft2
1972
21111 NW 14th Pl #412
Rent To Own
Walden Garden
Single Family Home
Miami, FL 33169
3
3
1400 ft2
849 NW 208TH WAY
Rent To Own
 
Townhouse/Condo
Pembroke Pines, FL 33029
3
2
1114 ft2
1999
1 of 8 1780 NE 191st St
Rent To Own
 
Townhouse/Condo
Miami, FL 33179
1
2
1036 ft2
1969
3020 Marcos Dr
Rent To Own
 
Townhouse/Condo
Aventura, FL 33160
1
1
768 ft2
1968
1 of 301 250 174th St
Rent To Own
 
Townhouse/Condo
Sunny Isles Beach, FL 33160
1
2
1087 ft2
1970
5915 WASHINGTON ST #112
Rent To Own
Lawn Acres
Townhouse/Condo
Hollywood, FL 33023
1
1
650 ft2
1982
716 SW 1st St
Rent To Own
Hallandale Beach
Single Family Home
Hallandale Beach, FL 33009
6
6
3016 ft2
2017
Hot
1 of 36 7170 SCOTT ST
Rent To Own
Driftwood
Single Family Home
Hollywood, FL 33024
3
1
1002 ft2
1959
1 of 79 3535 S. Ocean Drive
Rent To Own
Hollywood Beach - Quadoman
Townhouse/Condo
Hollywood, Fl 33019
3
4
7 ft2
2006
2000 ISLAND BLVD #1203
Rent To Own
Williams Island
Townhouse/Condo
Aventura, FL 33160
2
2
1560 ft2
1995
14455 SW 122ND PL #1002
Rent to Own Eligible
Three Lakes
Townhouse/Condo
Miami, FL 33186
1
1
770 ft2
1991
15126 SW 128TH CT
Rent to Own Eligible
Three Lakes
Single Family Home
Miami, FL 33186
3
2
1311 ft2
1989
New
12977 SW 133RD TER
Rent to Own Eligible
Three Lakes
Townhouse/Condo
Miami, FL 33186
3
3
1670 ft2
2006
New
12453 SW 125TH CT
Rent to Own Eligible
Three Lakes
Townhouse/Condo
Miami, FL 33186
3
3
1452 ft2
2003
New
12377 SW 125TH ST
Rent to Own Eligible
Three Lakes
Townhouse/Condo
Miami, FL 33186
4
3
2310 ft2
2003
1 of 30 14101 SW 120th Ct
Rent to Own Eligible
Three Lakes
Single Family Home
Miami, FL 33186
2
2
950 ft2
1999
12807 SW 132ND TER
Rent to Own Eligible
Three Lakes
Townhouse/Condo
Miami, FL 33186
3
3
1670 ft2
2005
New
14755 SW 123RD AVE
Rent to Own Eligible
Three Lakes
Single Family Home
Miami, FL 33186
4
2
2187 ft2
1995
New
15064 SW 127TH CIRCLE PL S
Rent to Own Eligible
Three Lakes
Townhouse/Condo
Miami, FL 33186
2
2
1095 ft2
1983
11600 SW 136TH ST
Rent to Own Eligible
Richmond Heights
Single Family Home
Miami, FL 33176
3
1
1140 ft2
1960
12887 SW 151ST LN
Rent to Own Eligible
Three Lakes
Single Family Home
Miami, FL 33186
3
2
1294 ft2
1990
13165 SW 142ND TER
Rent to Own Eligible
Three Lakes
Single Family Home
Miami, FL 33186
3
2
1668 ft2
2001
11921 SW 134TH CT
Rent to Own Eligible
 
Single Family Home
Miami, FL 33186
4
2
1939 ft2
1982
New
13328 SW 114TH CT
Rent to Own Eligible
Richmond Heights
Single Family Home
Miami, FL 33176
4
2
1414 ft2
1985
15330 SW 134th Pl
Rent to Own Eligible
 
Townhouse/Condo
Miami, FL 33177
3
3
1510 ft2
1996
13724 SW 149th Circle Ln
Rent to Own Eligible
Country Walk
Townhouse/Condo
Miami, FL 33186
2
1
694 ft2
1995
11783 SW 137TH PATH
Rent to Own Eligible
 
Townhouse/Condo
Miami, FL 33186
4
2
2102 ft2
2005
New
11370 SW 118TH ST
Rent to Own Eligible
 
Single Family Home
Miami, FL 33176
4
2
1934 ft2
1977
New
13772 SW 147th Circle Ln
Rent to Own Eligible
Country Walk
Single Family Home
Miami, FL 33186
2
2
852 ft2
1994
New
13772 SW 147TH CIRCLE LN #1
Rent to Own Eligible
Country Walk
Townhouse/Condo
Miami, FL 33186
2
2
852 ft2
1994
New
13727 SW 116TH LN
Rent to Own Eligible
 
Townhouse/Condo
Miami, FL 33186
3
2
1728 ft2
2005
New
15326 SW 138TH CT
Rent to Own Eligible
Richmond West
Townhouse/Condo
Miami, FL 33177
3
2
1171 ft2
1998
New
13266 SW 114TH TER
Rent to Own Eligible
 
Townhouse/Condo
Miami, FL 33186
2
2
1253 ft2
1986
13954 SW 154TH ST
Rent to Own Eligible
Richmond West
Single Family Home
Miami, FL 33177
5
3
2817 ft2
2003
14012 SW 153RD TER
Rent to Own Eligible
Richmond West
Single Family Home
Miami, FL 33177
5
3
2583 ft2
2000
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33186 rent to own homes

Buying a Home in Three Lakes, FL

Three Lakes, FL is seeing rapid growth and Three Lakes, FL's' housing market remains not optimal with an average home price that is 54% above the 2024 national average. Three Lakes, FL is part of Miami-Dade 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 Miami-Dade is 1.02% which is above the national average, which is 0.99%.

Median Home Price in Three Lakes, FL

Median Rent in Three Lakes, FL

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

Top 6 Reasons to Live in Three Lakes, FL

Home values are rising! House prices in Three Lakes fell considerably between 2007 and 2009, but prices have been rising quite steadily since 2013, and this trend is expected to continue. Rental and rent to own options are also available in the area. Many of the most affordable homes in Three Lakes are located to the south of town on the cul-de-sacs connected to SW 148th Street near Belle Aire Canal. Some of the priciest homes are located close to Tamiami Pinelands Park.

Recently built housing stock! A large percentage of the local housing stock is quite new, which allows owners to avoid the headaches of taking care of an older property. More than 70 percent were built after the year 2000, and most of the other properties were built after 1970. Most local houses are single-family homes and town homes, and the majority have three or four bedrooms. Many Three Lakes homes include lake views, such as those on SW 136th Terrace or SW 140th.

Easy trip to Miami! Three Lakes is about a 30-minute drive to Miami, so it's easy to get there for work or for fun. Locals can take State Road 821 to the Dolphin Expressway, or State Road 826 to US 41. Public transportation is also available, including the bus and Metrorail.

Enjoy the great outdoors! The Three Lakes community has three parks: Deerwood Park, Tamiami Pinelands Park, and Nixon Smiley Pineland Preserve. The Three Lakes Wildlife Management Area visitors is also close by. Visitors can enjoy activities like hiking, camping and biking as well as deer, bird and small game hunting with the appropriate permits.

A healthy local economy! According to 2010 figures, the median household income is above Florida's average, and the local unemployment rate is about 7 percent below the state's average. Thriving local businesses include the Kendall Breeze Mall and Custom Creative Plastics.

Local exercise classes to keep fit! Adventurous types will love Extreme Mixed Martial Arts, which offers classes for adults and kids. Their classes include Brazilian Jiu Jitsu and Cardio Kickboxing. For those who love to cheer and tumble, there's Top Gun Cheerleading and Dance Training Center.