Rent to own Homes in Palo, IA

Palo, IA is a great place for affordable rent-to-own homes! With a median household income of over $82,083 and a median rent of $1,081, the Palo, 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 Palo, 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 Palo, IA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
126 20TH ST NE
Rent To Own
Mound View
Single Family Home
Cedar Rapids, IA 52402
4
2
1596 ft2
1918
1 of 16 6629 TERRAZZO DR NW
Rent To Own
 
Single Family Home
Cedar Rapids, IA 52405
4
3
2518 ft2
1982
Hot
1 of 34 116 HANOVER RD SW
Rent To Own
Cedar Hills
Single Family Home
Cedar Rapids, IA 52404
4
1
1500 ft2
1970
1 of 57 2925 CEDAR RIDGE DR NE
Rent To Own
 
Single Family Home
Cedar Rapids, IA 52402
5
4
3719 ft2
2000
Hot
1159 K AVE NW
Rent To Own
Northwest Area
Single Family Home
Cedar Rapids, IA 52405
3
1
925 ft2
1895
1 of 4 1825 WILSON AVE SW
Rent To Own
 
Single Family Home
Cedar Rapids, IA 52404
3
2
1001 ft2
2000
Hot
1 of 14 1416 ACACIA DR NE
Rent To Own
 
Single Family Home
Cedar Rapids, IA 52402
3
4
2588 ft2
1999
Hot
1013 12TH ST NE
Rent To Own
Cedar Lake
Single Family Home
Cedar Rapids, IA 52402
2
1
640 ft2
1915
1 of 28 119 LANDAU CT
Rent To Own
 
Single Family Home
Robins, IA 52328
3
3
2589 ft2
1992
1 of 21 800 19TH ST SE
Rent To Own
 
Single Family Home
Cedar Rapids, IA 52403
5
2
2346 ft2
1914
Hot
1 of 32 778 ARCHER DR
Rent To Own
 
Single Family Home
Marion, IA 52302
4
3
2317 ft2
2016
Hot
1 of 31 90 PARTRIDGE AVE
Rent To Own
 
Single Family Home
Marion, IA 52302
4
4
2958 ft2
2000
1 of 14 230 ALAN AVE SW
Rent To Own
 
Single Family Home
Swisher, IA 52338
4
3
2384 ft2
1994
Hot
1796 TIMBER RIDGE DR
Rent To Own
 
Single Family Home
Cedar Rapids, IA 52403
4
3
2691 ft2
1977
1 of 16 750 N 7TH ST
Rent To Own
 
Single Family Home
Central City, IA 52214
4
2
1666 ft2
2016
Hot
1 of 33 112 W VINTON ST
Rent To Own
 
Single Family Home
Coggon, IA 52218
3
1
980 ft2
1940
1 of 25 233 CHERRY LN
Rent To Own
 
Single Family Home
Tiffin, IA 52340
4
3
2497 ft2
2009
1 of 9 1478 BURR DR
Rent To Own
Wickham
Townhouse/Condo
North Liberty, IA 52317
3
3
1466 ft2
2008
Hot
1 of 10 24617 110TH ST
Rent To Own
 
Single Family Home
Anamosa, IA 52205
3
3
2298 ft2
2013
Hot
1 of 17 24 COLWYN CT
Rent To Own
Mann
Single Family Home
Iowa City, IA 52245
2
2
1484 ft2
1999
1 nowhere
Rent To Own
Mann
Multifamily (2 - 4 Units)
Nowwhere City, IA 52240
4
1
2214 ft2
1916
1 of 8 1107 E BURLINGTON ST
Rent To Own
Longfellow
Single Family Home
Iowa City, IA 52240
3
2
1741 ft2
1900
Hot
1 of 23 2151 145TH AVE
Rent To Own
 
Single Family Home
Manchester, IA 52057
2
1
1204 ft2
2010
Hot
1 of 12 2223 BALSAM CT
Rent To Own
Twain
Single Family Home
Iowa City, IA 52240
3
3
2815 ft2
1993
1 of 19 323 Oberlin St
Rent To Own
Lemme
Multifamily (2 - 4 Units)
Iowa City, IA 52240
3
2
866 ft2
1974
1 of 49 4365 NUTWOOD DR SW
Rent To Own
Hills
Single Family Home
Iowa City, IA 52240
4
4
4353 ft2
2006
Hot
1 of 23 2819 BROOKSIDE DR
Rent To Own
Lucas
Single Family Home
Iowa City, IA 52245
3
2
1812 ft2
1964
Hot
1 of 27 229 CAYMAN ST
Rent To Own
Lemme
Single Family Home
Iowa City, IA 52245
4
4
2248 ft2
1991
1 of 10 5240 FAIRVIEW CEMETERY RD NE
Rent To Own
 
Single Family Home
Iowa City, IA 52240
5
4
4886 ft2
2005
Hot
1 of 11 4521 LAFAYETTE RD
Rent To Own
 
Single Family Home
Evansdale, IA 50707
3
2
1106 ft2
1951
903 2ND ST
Auction
 
Single Family Home
Palo, IA 52324
2
1
844 ft2
1955
New
15 DRAKE DR
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Palo, IA 52324
4
1
1176 ft2
1966
301 MAIN ST
Auction
 
Single Family Home
Palo, IA 52324
3
1
1786 ft2
1925
505 JONES ST SE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Shellsburg, IA 52332
3
1
1679 ft2
1890
New
411 GROVE ST NW
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Shellsburg, IA 52332
3
1
1486 ft2
1895
New
5650 42ND ST NE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Cedar Rapids, IA 52411
4
2
1708 ft2
1956
New
403 2ND ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Atkins, IA 52206
3
1
1360 ft2
1955
1631 TIMBERLAND CT NW
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Cedar Rapids, IA 52405
4
4
2060 ft2
1978
3198 COUNTRY PARK DR
Auction
 
Single Family Home
Toddville, IA 52341
4
2
1648 ft2
1975
New
6923 SPRINGWOOD PL NW
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Cedar Rapids, IA 52405
3
2
1711 ft2
2002
New
6612 BOULDER DR NW
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Cedar Rapids, IA 52405
4
1
1189 ft2
1981
New
3510 RIVERSIDE DR NE
Auction
 
Single Family Home
Cedar Rapids, IA 52411
5
4
2337 ft2
1991
1223 WOLF DR NW
Auction
 
Single Family Home
Cedar Rapids, IA 52405
3
2
1400 ft2
2002
4430 M AVE NW
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Cedar Rapids, IA 52405
3
1
1360 ft2
1950
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Neighborhoods in Palo, IA

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Popular Zip Codes in Palo, IA

52324 rent to own homes

Buying a Home in Palo, IA

Palo, IA is seeing rapid growth and Palo, IA's' housing market remains optimal with an average home price that is -7% below the 2024 national average. Palo, IA is part of Linn 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 Linn is 1.38% which is above the national average, which is 0.99%.

Median Home Price in Palo, IA

Median Rent in Palo, IA

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