Rent to Own Homes near Indiana

Top Reasons Why Indiana is a perfect place to buy a Rent to Own

  • Explore an Archabbey! America is home to only two Archabbeys, one of which is located in Spencer County, Indiana. It's home to 98 monks of the Benedictine community as well as The Seminary and School of Theology, where even lay persons may take classes towards a Master of Arts degree. Abbey Press Printing is also found here, where it began in 1867.
  • Low cost of living throughout the state! Indiana boasts a cost of living index around 89, making it the seventh lowest state, well below the nation's average of 100. This is partly due to the low cost of housing. Though property sales are rising, especially in appealing neighborhoods like Carmel and Indianapolis, the homes for sale are still very affordable.
  • Enjoy exciting football games all season! There are dozens of teams from which to choose, including professional games, starring the Indianapolis Colts, or college rivalries with the Notre Dame Fighting Irish or Butler Bulldogs. Hoosiers, or Indiana inhabitants, passionately love sports.

Check out over 300 Indiana rent to own homes for sale, which may include auction properties, for sale by owner, and more.

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Top 20 Reasons to Live in Indiana

  • Or hit the racetrack! Every Memorial Day the Indianapolis Motor Speedway hosts the Indianapolis 500, an event that attracts over 250,000 people every year. The same stadium hosts NASCAR and the MotoGP for year round auto racing entertainment.
  • Take advantage of low housing prices! Brand new and rental homes are still far more affordable in Indiana than many places in the country, despite a growing market. Indiana has seen a 4.4 percent increase in home values, yet many cities boast homes in the $100,000 range. The average American home goes for more than twice that, or roughly $272,900.
  • Admire local works of art! Carmel, in central Indiana, and Lafayette, further north, present gallery walks several times a year, which feature paintings, sculptures, crafts and glasswork by local artists and crafters who show at over 10 galleries in the Carmel Arts and Design District.
  • Visit the only operational rotary jail in America! The Montgomery County Rotary Jail is something special to behold, a jail that rotates in order to humanely house its prisoners. It opened in 1882 and now serves as a museum. Behind the museum is the Tannenbaum Cultural Center, which was a steam plant built in 1887, which is now available for private events.
  • Get a fantastic education! Notre Dame, Butler, Indiana University and Purdue are just a few of the many excellent higher education schools located in this beautiful Midwestern State.
  • All four seasons! Though some may complain about shoveling snow, kids love the four seasons that Indiana experiences every year. Sunny summers, snowy winters, gorgeous autumn leaves and rainy, lush springtime make the seasonal changes more enjoyable.
  • Visit Amish country! In Northern Indiana lies Amish country, where over 20,000 Amish reside. Visitors are encouraged to explore the Heritage Trail, Visitor Center and RiverWalk Culture Trail to discover what life is like for the Amish and how they contributed to America's development.
  • Attend some festivals! With more than a dozen festivals to frequent, many residents never have to wait long for the next one. They include the Elkhart Jazz Festival, Circus City Festival and Three Rivers Festival, to name a few.
  • Steady real estate is safe real estate! Indiana has a very solid housing market that continues to grow at a reasonable pace. Over 72 percent of dwellers are home owners, including rent to own homes.
  • A low state income tax makes living easy! Though sales tax hovers around 7 percent, close to average for the nation, the flat income tax for the state makes April 15th much less stressful. The tax is set at 3.4 percent for all residents, regardless of income. This makes settling in an Indiana home more attractive, especially for folks with a higher income.
  • Exercise and play outdoors! Not content with pastoral fields of corn alone, Indiana is filled with lakes (over 1,000 of them), rivers and streams. The Wabash River is the official river of the state, running freely for 475 miles. Lake Michigan is a popular spot for summer water sports, boating and fishing.
  • Easy travel! Though there is limited public transportation, there are seven major highways criss-crossing the state, including I-70, I-64 and I-80. They make it easy to go from one border to the other or across the nation, thus the state's motto: The Crossroads of America.
  • Famous faces hail from Indiana! Lots of historical figures claim Indiana as their birthplace or at least where they lived for some duration. Honest Abe Lincoln, Amelia Earhart and even David Letterman all hail from parts of the Hoosier State.
  • Politics are important! Boasting one president and five vice presidents from the state, Indiana certainly knows how to grow successful politicians well. Inhabitants can make a difference in tight elections with their voting, so a patriotic spirit is inherent to life here.
  • A history of car manufacturing! Before Detroit became synonymous with carmakers, Indiana played home to several companies that made Auburns, Stutzes and Duesenbergs, which are prized antique vehicles today.
  • See where Lewis and Clark began their iconic expedition! Leaving from Fort Vincennes on the southwestern edge of Indiana where it meets Illinois, Captain Meriwether Lewis and Second Lieutenant William Clark began their trip in 1804 to explore the Northwest Territory, an adventure that lasted over two years.
  • Your kids can visit Santa! The city of Santa Claus, Indiana receives more than half a million letters addressed to Santa every Christmas, and the town holds special events every year to mark the holiday. "Elves" respond to every child's letter, and have since 1914.