Rent to own Homes in Norwalk, IA

Norwalk, IA is a great place for affordable rent-to-own homes! With a median household income of over $83,241 and a median rent of $991, the Norwalk, 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 Norwalk, 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 Norwalk, IA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
Hot
108 NE 6TH CT
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Rent To Own
Grimes
Single Family Home
Grimes, IA 50111
3
1
1088 ft2
1989
Hot
233 E PARK AVE
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Rent To Own
 
Single Family Home
Des Moines, IA 50315
3
1
960 ft2
1957
7124 Ridge Rd
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Rent To Own
Arbor Peak
Single Family Home
Des Moines, IA 50312
5
2
1600 ft2
2023
Hot
2415 HIGH ST
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Rent To Own
Woodland Heights
Single Family Home
Des Moines, IA 50312
3
1
1144 ft2
1908
7845 DRAKE ST
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Rent To Own
Clive
Single Family Home
Clive, IA 50325
4
1
1339 ft2
1966
Hot
2335 E WALNUT ST
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Rent To Own
Fairground
Single Family Home
Des Moines, IA 50317
4
2
1378 ft2
1912
Hot
2308 CAPITOL AVE
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Rent To Own
Fairground
Single Family Home
Des Moines, IA 50317
2
1
748 ft2
1905
3255 EASTON BLVD
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Rent To Own
Accent
Single Family Home
Des Moines, IA 50317
2
1
1816 ft2
1870
1 of 27 7395 NW 100TH ST
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Rent To Own
Johnston
Single Family Home
Johnston, IA 50131
7
7
6004 ft2
2020
Hot
2391 148TH ST
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Rent To Own
 
Single Family Home
Winterset, IA 50273
3
3
1692 ft2
2001
231 NE 62ND ST
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Rent To Own
 
Single Family Home
Ankeny, IA 50021
4
3
1410 ft2
2021
Hot
1 of 25 603 E JEFFERSON ST
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Rent To Own
 
Single Family Home
Winterset, IA 50273
3
3
1440 ft2
1880
1 of 25 2813 KESTREL ST
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Auction
 
Single Family Home
Norwalk, IA 50211
3
4
1513 ft2
2022
1 of 9 409 ASPEN DR
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Auction
Norwalk
Townhouse/Condo
Norwalk, IA 50211
2
2
1264 ft2
2007
1 of 20 9120 OAKWOOD DR
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Auction
Norwalk
Single Family Home
Norwalk, IA 50211
4
2
993 ft2
1968
406 ORCHARD HILLS DR
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REO Foreclosure
Norwalk
Single Family Home
Norwalk, IA 50211
4
4
1434 ft2
2019
1 of 15 1428 E 20TH ST
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Auction
Windflower
Single Family Home
Norwalk, IA 50211
3
1
1056 ft2
1990
1986 S ORILLA RD
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Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Cumming, IA 50061
4
3
2424 ft2
1992
1 of 15 1147 PINEHURST CIR
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REO Foreclosure
Norwalk
Single Family Home
Norwalk, IA 50211
4
4
3348 ft2
1977
Hot
7107 SW 16TH ST
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REO Foreclosure
 
Single Family Home
Des Moines, IA 50315
3
1
1184 ft2
1953
1 of 5 7509 SW 12TH ST
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Auction
 
Single Family Home
Des Moines, IA 50315
4
1
1092 ft2
1954
1 of 5 1316 JOHNSON ST
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Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Des Moines, IA 50315
3
2
855 ft2
1970
7461 SOUTHVIEW DR
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REO Foreclosure
 
Single Family Home
Des Moines, IA 50315
3
1
1312 ft2
1957
6712 SW 14TH ST
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REO Foreclosure
 
Single Family Home
Des Moines, IA 50315
3
1
956 ft2
1955
1 of 5 1314 GEIL AVE
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Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Des Moines, IA 50315
3
1
984 ft2
1943
1204 JOHNSON ST
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Auction
 
Single Family Home
Des Moines, IA 50315
3
1
788 ft2
1954
1324 ARMY POST RD
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Auction
Watrous South
Single Family Home
Des Moines, IA 50315
3
1
1191 ft2
1954
Hot
1029 JOHNSON ST
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REO Foreclosure
 
Single Family Home
Des Moines, IA 50315
3
2
1042 ft2
1948
6107 SW 14TH ST
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Pre-Foreclosure (Lis Pendens)
Watrous South
Single Family Home
Des Moines, IA 50315
3
2
1300 ft2
1954
1016 LELAND AVE
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REO Foreclosure
Watrous South
Single Family Home
Des Moines, IA 50315
3
1
1350 ft2
1924
5604 SW 14TH ST
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Pre-Foreclosure (Lis Pendens)
Watrous South
Single Family Home
Des Moines, IA 50315
2
1
1048 ft2
1947
Hot
5426 SW 13TH ST
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Short Sale
Watrous South
Single Family Home
Des Moines, IA 50315
3
2
1080 ft2
1989
1 of 34 1715 FRAZIER AVE
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Auction
Watrous South
Single Family Home
Des Moines, IA 50315
2
1
925 ft2
1959
1215 KENYON AVE
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REO Foreclosure
Watrous South
Single Family Home
Des Moines, IA 50315
3
1
864 ft2
1948
5116 SW 13TH ST
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REO Foreclosure
Watrous South
Single Family Home
Des Moines, IA 50315
1
1
620 ft2
1954
606 PAYTON AVE
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Auction
Fort Des Moines
Single Family Home
Des Moines, IA 50315
2
1
828 ft2
1936
1 of 8 1124 SPRING ST
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Pre-Foreclosure (Lis Pendens)
Watrous South
Single Family Home
Des Moines, IA 50315
2
2
1088 ft2
1951
1220 EVANS ST
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Auction
Watrous South
Single Family Home
Des Moines, IA 50315
3
2
834 ft2
1975
1 of 9 215 PALOMINO PKWY
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Auction
Greenfield Plaza
Single Family Home
Des Moines, IA 50320
3
1
912 ft2
1964
1 of 48 601 CUTLER AVE
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Auction
Fort Des Moines
Single Family Home
Des Moines, IA 50315
2
1
768 ft2
1919
1203 HEROLD AVE
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REO Foreclosure
Watrous South
Single Family Home
Des Moines, IA 50315
2
1
816 ft2
1918
1 of 21 1221 EMMA AVE
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Auction
Watrous South
Single Family Home
Des Moines, IA 50315
3
2
1013 ft2
1922
1 of 14 5711 SW 2ND ST
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Pre-Foreclosure (Lis Pendens)
Fort Des Moines
Single Family Home
Des Moines, IA 50315
3
2
1449 ft2
1920
1 of 8 123 E LELAND AVE
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Pre-Foreclosure (Lis Pendens)
Fort Des Moines
Single Family Home
Des Moines, IA 50315
2
1
758 ft2
1956
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Buying a Home in Norwalk, IA

Norwalk, IA is seeing rapid growth and Norwalk, IA's' housing market remains optimal with an average home price that is -6% below the 2025 national average. Norwalk, IA is part of Warren 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 2025 for county Warren is 1.47% which is above the national average, which is 0.99%.

Median Home Price in Norwalk, IA

Median Rent in Norwalk, IA

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