Rent to own Homes in Palmyra, IN

Palmyra, IN is a great place for affordable rent-to-own homes! With a median household income of over $33,077 and a median rent of $633, the Palmyra, IN 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 Palmyra, IN. 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 Palmyra, IN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1622 STATE ST
Rent To Own
 
Single Family Home
New Albany, IN 47150
3
1
1651 ft2
1929
731 N 33RD ST
Rent To Own
 
Single Family Home
Louisville, KY 40212
2
2
1300 ft2
1913
Hot
6711 CURRINGTON CIR
Rent To Own
Pleasure Ridge Park
Single Family Home
Louisville, KY 40258
3
2
1150 ft2
2000
Hot
1 of 21 5504 EUCLID AVE
Rent To Own
Valley Station
Single Family Home
Louisville, KY 40272
3
1
1080 ft2
1992
1504 ANNA LN
Rent To Own
Cloverleaf
Single Family Home
Louisville, KY 40216
3
2
1158 ft2
1976
222 E WITHERSPOON ST #702
Rent To Own
Central Business District
Townhouse/Condo
Louisville, KY 40202
2
2
1393 ft2
2004
Hot
1027 NAVAHO PL
Rent To Own
Beechmont
Single Family Home
Louisville, KY 40215
4
2
1600 ft2
1949
653 S BARBEE WAY
Rent To Own
Merriwether
Single Family Home
Louisville, KY 40217
3
1
2108 ft2
1930
5303 PENDLETON RD
Rent To Own
 
Single Family Home
Louisville, KY 40272
3
1
1546 ft2
1978
1621 SPEED AVE
Rent To Own
Deer Park
Single Family Home
Louisville, KY 40205
4
2
1477 ft2
1934
1216 LIPPS LN #103
Rent To Own
Okolona
Townhouse/Condo
Louisville, KY 40219
3
2
1328 ft2
2003
223 SAGE RD
Rent To Own
Beechwood Village
Single Family Home
Louisville, KY 40207
4
1
1250 ft2
1948
Hot
8854 LAKE POINT DR
Rent To Own
 
Single Family Home
Georgetown, IN 47122
5
4
4600 ft2
2003
102 1ST ST
Rent To Own
 
Single Family Home
Milltown, IN 47145
1
1
840 ft2
1885
Hot
1 of 18 3008 W OAK CT
Rent To Own
 
Single Family Home
Lanesville, IN 47136
5
3
3208 ft2
2005
213 VIRGINIA CT
Rent To Own
 
Single Family Home
New Albany, IN 47150
2
1
730 ft2
1950
1153 CRYSTAL AVE
Rent To Own
 
Single Family Home
New Albany, IN 47150
3
1
1072 ft2
1929
2695 CHARLESTOWN RD
Rent To Own
 
Single Family Home
New Albany, IN 47150
2
1
850 ft2
1953
4147 VIRGINIA AVE
Rent To Own
Chickasaw
Single Family Home
Louisville, KY 40211
4
2
1262 ft2
1930
3424 W Muhammad Ali Blvd
Rent To Own
Shawnee
Single Family Home
Louisville, KY 40211
2
1
616 ft2
1925
1 of 23 3302 BANK ST
Rent To Own
Portland
Single Family Home
Louisville, KY 40212
3
2
1452 ft2
1905
7901 HOLLOWVIEW DR
Rent To Own
 
Single Family Home
Sellersburg, IN 47172
3
4
2792 ft2
2004
6538 HUNTERS CHASE LN
Rent To Own
 
Single Family Home
Louisville, KY 40258
3
2
1229 ft2
2003
Hot
1 of 33 113 MEADOW DR
Rent To Own
 
Single Family Home
Sellersburg, IN 47172
3
3
3000 ft2
2008
1 of 20 104 MEADOW DR
Rent To Own
 
Single Family Home
Sellersburg, IN 47172
4
3
2548 ft2
1999
Hot
1 of 11 3107 WHITE BLOSSOM CIR
Rent To Own
 
Single Family Home
New Albany, IN 47150
3
2
1567 ft2
2000
3117 Greenwood Ave
Rent To Own
Parkland
Single Family Home
Louisville, KY 04021
4
2
1277 ft2
1910
1 of 42 2726 W MADISON ST
Rent To Own
Russell
Single Family Home
Louisville, KY 40211
3
2
1796 ft2
1920
1 of 10 1050 Spicewood Plaza
Rent To Own
 
Multifamily (2 - 4 Units)
Clarksville, IN 47129
3
1
925 ft2
1965
1 of 17 2609 ROYSTER WAY
Rent To Own
Pleasure Ridge Park
Single Family Home
Louisville, KY 40258
3
2
2700 ft2
1966
Hot
1 of 19 13219 MORNING MIST TRL
Rent To Own
 
Single Family Home
Memphis, IN 47143
3
2
1651 ft2
1974
1135 S 28TH ST
Rent To Own
Parkland
Single Family Home
Louisville, KY 40211
1
1
792 ft2
1910
Hot
1 of 11 203 ALTRA DR
Rent To Own
 
Single Family Home
Clarksville, IN 47129
3
2
1994 ft2
1964
Hot
5723 HARMONY WOODS
Rent To Own
Memphis
Single Family Home
Memphis, IN 47143
3
2
1398 ft2
2019
1 of 13 722 RAILROAD ST
Rent To Own
Memphis
Single Family Home
Memphis, IN 47143
4
3
2200 ft2
1904
356 KAHL CT
Rent To Own
 
Single Family Home
Sellersburg, IN 47172
2
1
1080 ft2
1976
1759 W GAULBERT AVE
Rent To Own
Algonquin
Single Family Home
Louisville, KY 40210
3
1
1240 ft2
1922
8405 MANSON WAY
Rent To Own
Valley Station
Single Family Home
Louisville, KY 40258
4
2
1215 ft2
1960
Hot
1 of 47 2606 COOPERS LN
Rent To Own
 
Single Family Home
Sellersburg, IN 47172
3
3
2400 ft2
1950
1502 Larchmont Ave
Rent To Own
Taylor Berry
Single Family Home
Louisville, KY 40208
2
1
1185 ft2
1938
1622 BERRY BLVD
Rent To Own
Jacobs
Single Family Home
Louisville, KY 40215
2
1
588 ft2
1923
1306 WEYLER AVE
Rent To Own
Taylor Berry
Single Family Home
Louisville, KY 40215
3
2
1145 ft2
1943
Hot
1 of 88 3015 LAKE VISTA DR E
Rent To Own
 
Single Family Home
Jeffersonville, IN 47130
4
5
5000 ft2
2017
6300 KENYON DR
Rent To Own
Valley Station
Single Family Home
Louisville, KY 40272
3
1
1215 ft2
1967
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Buying a Home in Palmyra, IN

Palmyra, IN is seeing rapid growth and Palmyra, IN's' housing market remains optimal with an average home price that is -53% below the 2024 national average. Palmyra, IN is part of Harrison 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 Harrison is 0.62% which is below the national average, which is 0.99%.

Median Home Price in Palmyra, IN

Median Rent in Palmyra, IN

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