Rent to own Homes in Wapello, IA

Wapello, IA is a great place for affordable rent-to-own homes! With a median household income of over $70,724 and a median rent of $635, the Wapello, 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 Wapello, 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 Wapello, IA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 30 208 S CEDAR ST
Rent To Own
 
Single Family Home
Mediapolis, IA 52637
3
2
1544 ft2
1900
New
314 S SUNNYSIDE ST
Rent To Own
 
Single Family Home
Mediapolis, IA 52637
4
1
2140 ft2
1950
1 of 4 16271 Hwy 61 N.
Rent To Own
 
Multifamily (2 - 4 Units)
Sperry, IA 52650
3
3
2076 ft2
1969
1 of 12 3124 MAGNOLIA LN
Rent To Own
 
Townhouse/Condo
Burlington, IA 52601
3
3
3000 ft2
2017
Hot
1 of 31 3019 NEW LONDON RD
Rent To Own
 
Single Family Home
New London, IA 52645
6
4
2688 ft2
2010
403 S WALNUT ST
Rent To Own
 
Single Family Home
Mount Pleasant, IA 52641
4
3
2378 ft2
1940
1 of 16 306 NE 3RD AVE
Rent To Own
 
Single Family Home
Aledo, IL 61231
3
2
2000 ft2
1920
Hot
191 1ST ST W
Rent To Own
 
Single Family Home
Riverside, IA 52327
3
1
2213 ft2
1880
Hot
1 of 27 229 CAYMAN ST
Rent To Own
Lemme
Single Family Home
Iowa City, IA 52245
4
4
2248 ft2
1991
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 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
1 of 8 1107 E BURLINGTON ST
Rent To Own
Longfellow
Single Family Home
Iowa City, IA 52240
3
2
1741 ft2
1900
1 nowhere
Rent To Own
Mann
Multifamily (2 - 4 Units)
Nowwhere City, IA 52240
4
1
2214 ft2
1916
1092 Walnut Avenue
Rent To Own
 
Multifamily (2 - 4 Units)
Riverside, IA 52327
2
2
950 ft2
2009
856 FRANKLIN ST
REO Foreclosure
 
Single Family Home
Wapello, IA 52653
3
1
1345 ft2
1900
219 N MADISON ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Grandview, IA 52752
3
1
1408 ft2
1970
1 of 10 17217 I AVE
Auction
 
Single Family Home
Letts, IA 52754
3
1
1152 ft2
1974
240 E VINE ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Letts, IA 52754
3
1
2008 ft2
1900
1 of 6 260 E MAIN ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Letts, IA 52754
3
1
596 ft2
1940
New
1 of 17 208 NORTH ST
Auction
 
Single Family Home
Mediapolis, IA 52637
3
1
1008 ft2
1985
141 MAPLE DR
Auction
 
Single Family Home
Mediapolis, IA 52637
3
2
1700 ft2
1975
1510 3RD AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Columbus Junction, IA 52738
3
1
1910 ft2
1900
108 EVERGREEN LN
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Fruitland, IA 52749
3
3
1232 ft2
1979
New
1 of 23 23753 HIGHWAY 92
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Columbus Junction, IA 52738
4
4
2332 ft2
1979
1 of 15 2288 N HILLTOP DR
REO Foreclosure
 
Single Family Home
Muscatine, IA 52761
4
4
1760 ft2
1974
1711 STEWART RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Muscatine, IA 52761
3
1
960 ft2
1975
New
19907 DMC HIGHWAY 99
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Mediapolis, IA 52637
3
1
1800 ft2
1980
1412 NEBRASKA ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Muscatine, IA 52761
2
1
868 ft2
1900
New
1209 KANSAS ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Muscatine, IA 52761
3
1
1568 ft2
1891
106 N BASHFORD ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Winfield, IA 52659
3
3
1424 ft2
1955
New
1914 STERNEMAN BLVD
Auction
 
Single Family Home
Muscatine, IA 52761
3
2
1416 ft2
1910
New
1811 NEW HAMPSHIRE ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Muscatine, IA 52761
2
1
1145 ft2
1920
1021 CLIMER ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Muscatine, IA 52761
2
2
1348 ft2
1905
New
1606 LUCAS ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Muscatine, IA 52761
2
1
1228 ft2
1900
New
1603 LUCAS ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Muscatine, IA 52761
3
1
1272 ft2
1900
1 of 20 704 W 8TH ST
REO Foreclosure
 
Single Family Home
Muscatine, IA 52761
2
1
704 ft2
1900
1 of 13 504 W 4TH ST
REO Foreclosure
 
Single Family Home
Muscatine, IA 52761
4
2
1858 ft2
1900
New
805 BROADWAY ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Muscatine, IA 52761
3
1
1268 ft2
1950
New
401 W 7TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Muscatine, IA 52761
2
2
1326 ft2
1925
1 of 9 313 W 6TH ST
REO Foreclosure
 
Single Family Home
Muscatine, IA 52761
3
1
1304 ft2
1900
409 VAN HORNE ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Muscatine, IA 52761
4
1
1312 ft2
1900
New
1 of 7 1419 BUELL ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Muscatine, IA 52761
3
2
1164 ft2
1979
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Buying a Home in Wapello, IA

Wapello, IA is seeing rapid growth and Wapello, IA's' housing market remains optimal with an average home price that is -54% below the 2024 national average. Wapello, IA is part of Louisa 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 Louisa is 1.24% which is above the national average, which is 0.99%.

Median Home Price in Wapello, IA

Median Rent in Wapello, IA

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