Rent to own Homes in Pennville, IN

Pennville, IN is a great place for affordable rent-to-own homes! With a median household income of over $44,333 and a median rent of $573, the Pennville, 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 Pennville, 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 Pennville, IN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 18 3005 E 1000 S
Rent To Own
 
Single Family Home
Keystone, IN 46759
4
1
2153 ft2
1975
1 of 24 649 W STATE ST
Rent To Own
 
Single Family Home
Albany, IN 47320
3
1
1200 ft2
1890
8716 E Otter Dr
Rent To Own
 
Single Family Home
Selma, IN 47383
3
2
1300 ft2
1982
1 of 9 615 S PENN ST
Rent To Own
Industry
Single Family Home
Muncie, IN 47302
2
1
1352 ft2
1895
Hot
5605 N VISTA VIEW DR
Rent To Own
 
Single Family Home
Muncie, IN 47304
3
3
1924 ft2
2004
302 COTTONWOOD CT
Rent To Own
 
Single Family Home
Markle, IN 46770
3
2
1818 ft2
2022
1 of 9 514 W MAIN ST
Rent To Own
Old West End
Townhouse/Condo
Muncie, IN 47305
5
3
2077 ft2
1895
Hot
3601 W BROOK DR
Rent To Own
Westbrier
Single Family Home
Muncie, IN 47304
3
3
2270 ft2
1960
1 of 23 1901 N SAWMILL LN
Rent To Own
 
Single Family Home
Muncie, IN 47304
5
3
4116 ft2
2006
Hot
1 of 20 909 S DEVONSHIRE RD
Rent To Own
 
Single Family Home
Yorktown, IN 47396
4
2
1776 ft2
1982
798 WAXWING CT
Rent To Own
 
Single Family Home
Roanoke, IN 46783
4
3
2549 ft2
2022
776 WAXWING CT
Rent To Own
 
Single Family Home
Roanoke, IN 46783
3
2
1799 ft2
2022
785 WAXWING CT
Rent To Own
 
Single Family Home
Roanoke, IN 46783
3
2
1844 ft2
2022
457 ROCKWELL AVE
Rent To Own
 
Single Family Home
Roanoke, IN 46783
3
2
1622 ft2
2022
451 ROCKWELL AVE
Rent To Own
 
Single Family Home
Roanoke, IN 46783
3
2
1491 ft2
2022
325 S UNION ST
Auction
 
Single Family Home
Pennville, IN 47369
2
1
1440 ft2
1865
210 E SOUTH ST
REO Foreclosure
 
Single Family Home
Pennville, IN 47369
1
2
2013 ft2
1894
195 E LAGRO ST
Auction
 
Single Family Home
Pennville, IN 47369
2
1
816 ft2
1950
New
1 of 5 381 S 700
REO Foreclosure
 
Single Family Home
Hartford City, IN 47348
3
1
1581 ft2
1973
381 S 700 E
REO Foreclosure
 
Single Family Home
Hartford City, IN 47348
3
1
1581 ft2
1973
Hot
8900 S MAIN ST
REO Foreclosure
 
Single Family Home
Petroleum, IN 46778
3
2
1920 ft2
2000
New
1 of 40 710 N ELM ST
Auction
 
Single Family Home
Dunkirk, IN 47336
3
1
912 ft2
1972
1 of 26 352 LINCOLN AVE
REO Foreclosure
 
Single Family Home
Dunkirk, IN 47336
3
2
2084 ft2
1916
243 E COMMERCE ST
Auction
 
Single Family Home
Dunkirk, IN 47336
3
1
1360 ft2
2005
1 of 29 215 E COMMERCE ST
Auction
 
Single Family Home
Dunkirk, IN 47336
4
2
1860 ft2
1876
520 S MAIN ST
Auction
 
Single Family Home
Dunkirk, IN 47336
3
2
2730 ft2
1916
1 of 44 618 WALSH CT
Auction
 
Single Family Home
Dunkirk, IN 47336
3
1
1225 ft2
1961
1 of 5 326 S WASHINGTON ST
REO Foreclosure
 
Single Family Home
Montpelier, IN 47359
2
2
1640 ft2
1940
451 S ADAMS ST
Auction
 
Single Family Home
Montpelier, IN 47359
3
1
1638 ft2
1953
603 LAYNE DR
Auction
 
Single Family Home
Dunkirk, IN 47336
3
1
1065 ft2
1960
1 of 20 205 E HIGH ST
Auction
 
Single Family Home
Montpelier, IN 47359
4
1
1950 ft2
1940
Hot
8355 S 750 E-90
REO Foreclosure
 
Single Family Home
Geneva, IN 46740
3
1
1448 ft2
1980
New
126 E WINDSOR ST
Auction
 
Single Family Home
Montpelier, IN 47359
3
1
1020 ft2
1940
126 W WINDSOR ST
Auction
 
Single Family Home
Montpelier, IN 47359
4
1
1991 ft2
1953
1 of 5 314 S JEFFERSON ST
Auction
 
Single Family Home
Montpelier, IN 47359
3
2
1984 ft2
1940
1146 N 400 E
Auction
 
Single Family Home
Hartford City, IN 47348
2
1
1068 ft2
1890
1 of 13 10159 S 200 W
REO Foreclosure
 
Single Family Home
Keystone, IN 46759
4
2
1488 ft2
1980
113 MAPLE LN
Auction
 
Single Family Home
Portland, IN 47371
3
2
1232 ft2
2004
1 of 36 6873 N BLACKFORD AVE
Auction
 
Single Family Home
Montpelier, IN 47359
3
2
1190 ft2
1968
1336 W ARCH ST
Auction
 
Single Family Home
Portland, IN 47371
3
2
1232 ft2
1970
New
1 of 17 1320 MEADOW LN
Auction
 
Single Family Home
Portland, IN 47371
3
2
1092 ft2
2019
7602 S SR 1
REO Foreclosure
 
Single Family Home
Redkey, IN 47373
3
1
1040 ft2
1969
Hot
931 W ARCH ST
REO Foreclosure
 
Single Family Home
Portland, IN 47371
4
1
1286 ft2
1900
614 N WESTERN AVE
Auction
 
Single Family Home
Portland, IN 47371
2
1
832 ft2
1949
Map
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Buying a Home in Pennville, IN

Pennville, IN is seeing rapid growth and Pennville, IN's' housing market remains optimal with an average home price that is -68% below the 2024 national average. Pennville, IN is part of Jay 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 Jay is 0.72% which is below the national average, which is 0.99%.

Median Home Price in Pennville, IN

Median Rent in Pennville, IN

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