Rent to own Homes in Lake Park, IA

Lake Park, IA is a great place for affordable rent-to-own homes! With a median household income of over $62,222 and a median rent of $855, the Lake Park, IA 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 Lake Park, IA. 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 Park, IA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 105
1538 DOUGLAS AVE
Rent to Own Eligible
 
Single Family Home
Worthington, MN 56187
4
3
2768 ft2
1959
New
309 12TH ST
Rent to Own Eligible
 
Single Family Home
Worthington, MN 56187
3
1
2060 ft2
1912
1 of 27 1595 BURLINGTON AVE
Rent to Own Eligible
 
Single Family Home
Worthington, MN 56187
2
1
1896 ft2
1968
727 9TH AVE
Rent to Own Eligible
 
Single Family Home
Worthington, MN 56187
6
2
1042 ft2
1993
1731 S SHORE DR
Rent to Own Eligible
 
Single Family Home
Worthington, MN 56187
3
2
1516 ft2
1955
1 of 172 1977 S SHORE DR
Rent to Own Eligible
 
Single Family Home
Worthington, MN 56187
4
3
2774 ft2
1975
925 LIBERTY DR
Rent to Own Eligible
 
Townhouse/Condo
Worthington, MN 56187
2
1
1040 ft2
1988
New
1 of 37 310 CLARY ST W
Rent to Own Eligible
 
Single Family Home
Worthington, MN 56187
4
2
2850 ft2
1950
835 STERLING AVE
Rent to Own Eligible
 
Single Family Home
Worthington, MN 56187
4
2
1440 ft2
1996
New
1333 MILES DR
Rent to Own Eligible
 
Single Family Home
Worthington, MN 56187
3
1
1232 ft2
1982
807 FROST AVE
Rent to Own Eligible
 
Single Family Home
Jackson, MN 56143
2
2
2486 ft2
1950
11579 VOSS AVE
Rent to Own Eligible
 
Single Family Home
Dundee, MN 56131
3
1
1560 ft2
1985
New
1 of 34 1325 6TH AVE N
Rent to Own Eligible
 
Single Family Home
Windom, MN 56101
4
3
3174 ft2
1916
New
1650 4TH AVE
Rent to Own Eligible
 
Single Family Home
Windom, MN 56101
3
2
1460 ft2
1953
New
1 of 22 529 19TH ST
Rent to Own Eligible
 
Single Family Home
Windom, MN 56101
3
1
1794 ft2
1957
New
701 2ND AVE
Rent to Own Eligible
 
Single Family Home
Mountain Lake, MN 56159
5
2
1540 ft2
1919
1407 3RD AVE
Rent to Own Eligible
 
Single Family Home
Mountain Lake, MN 56159
3
1
864 ft2
1898
New
751 3RD AVE
Rent to Own Eligible
 
Single Family Home
Heron Lake, MN 56137
2
2
2052 ft2
1910
Hot
1 of 3 816 6TH AVE W
Rent To Own
 
Single Family Home
Spencer, IA 51301
4
2
675 ft2
1947
214 W 3RD ST
Rent To Own
 
Single Family Home
Spencer, IA 51301
3
2
1680 ft2
1900
Hot
1 of 33 129 S MORRISON AVE
Rent To Own
 
Single Family Home
Jackson, MN 56143
4
2
2460 ft2
1965
New
308 S 2ND ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Lake Park, IA 51347
2
1
988 ft2
1969
New
1 of 7 211 AVENUE B W
Auction
 
Single Family Home
Lake Park, IA 51347
2
3
976 ft2
1900
221 OSCEOLA AVE E
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Harris, IA 51345
3
2
1356 ft2
1967
402 6TH AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Round Lake, MN 56167
5
1
1056 ft2
1975
1 of 58 159 JONES ST
Auction
 
Single Family Home
Ocheyedan, IA 51354
4
2
2297 ft2
1900
New
1 of 3 1080 PINE ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Ocheyedan, IA 51354
5
2
1808 ft2
1909
1005 K AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Milford, IA 51351
3
2
1184 ft2
1976
New
35 HINSHAW ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Arnolds Park, IA 51331
4
3
2429 ft2
1950
New
902 HILL AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Spirit Lake, IA 51360
3
1
1368 ft2
1923
New
1703 ERIE AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Spirit Lake, IA 51360
4
3
2504 ft2
1907
New
406 20TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Spirit Lake, IA 51360
4
2
1272 ft2
1920
New
2106 DENVER AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Spirit Lake, IA 51360
3
3
1876 ft2
2014
3 27TH ST #101
Pre-Foreclosure (Lis Pendens)
 
Townhouse/Condo
Spirit Lake, IA 51360
4
2
1384 ft2
1979
25981 105TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Spirit Lake, IA 51360
2
1
1120 ft2
1974
1 of 5 115 3RD AVE NW
Auction
 
Single Family Home
Fostoria, IA 51340
3
2
1261 ft2
1929
420 S DOUGLAS AVE
Auction
 
Single Family Home
Worthington, MN 56187
4
1
1204 ft2
312 E 3RD ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Everly, IA 51338
2
1
1428 ft2
1954
304 E 3RD ST
Auction
 
Single Family Home
Everly, IA 51338
5
2
1744 ft2
1900
New
210 1ST ST NE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Hartley, IA 51346
3
5
2194 ft2
1955
New
310 1ST ST SE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Hartley, IA 51346
3
4
1670 ft2
1922
617 HUMISTON AVE
REO Foreclosure
 
Single Family Home
Worthington, MN 56187
1
1
1134 ft2
1935
821 5TH AVE
Auction
 
Single Family Home
Worthington, MN 56187
4
1
2070 ft2
1925
1223 HUMISTON AVE
REO Foreclosure
 
Single Family Home
Worthington, MN 56187
2
1
869 ft2
1948
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Buying a Home in Lake Park, IA

Lake Park, IA is seeing rapid growth and Lake Park, IA's' housing market remains optimal with an average home price that is -48% below the 2024 national average. Lake Park, IA is part of Dickinson 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 Dickinson is 0.89% which is below the national average, which is 0.99%.

Median Home Price in Lake Park, IA

Median Rent in Lake Park, IA

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