Rent to own Homes in Island, KY

Island, KY is a great place for affordable rent-to-own homes! With a median household income of over $42,500 and a median rent of $640, the Island, KY 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 Island, KY. 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 Island, KY rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
622 E Harding Ave
Rent To Own
 
Single Family Home
Henderson, KY 42420
3
2
1056 ft2
2022
1 of 19 839 CLAY ST
Rent To Own
 
Single Family Home
Hartford, KY 42347
3
2
1364 ft2
2012
Hot
1 of 15 2716 DARTMOUTH DR
Rent To Own
Wesleyan - Shawnee
Single Family Home
Owensboro, KY 42301
4
3
2256 ft2
1966
1 of 17 4543 WOODLAKE RUN
Rent To Own
 
Single Family Home
Owensboro, KY 42303
4
2
1980 ft2
2002
Hot
1 of 24 511 GRIFFITH AVE
Rent To Own
Dogwood Azalea
Single Family Home
Owensboro, KY 42301
4
3
3150 ft2
1900
1 of 15 113 E 17TH ST
Rent To Own
Midtown East
Single Family Home
Owensboro, KY 42303
4
3
2850 ft2
1916
Hot
1 of 11 815 ALLEN ST
Rent To Own
Old Owensboro
Single Family Home
Owensboro, KY 42303
2
1
960 ft2
1916
Hot
1 of 10 108 W NOEL AVE
Rent To Own
 
Single Family Home
Madisonville, KY 42431
1
2
980 ft2
1929
Hot
1 of 20 178 HEATHER DR
Rent To Own
 
Single Family Home
Morgantown, KY 42261
5
3
2688 ft2
2008
9635 Highway 60
Rent To Own
 
Single Family Home
Maceo, KY 42355
2
1
1200 ft2
2012
Hot
973 OSAGE DR
Rent To Own
 
Single Family Home
Henderson, KY 42420
4
3
2080 ft2
1977
1 of 20 435 3RD ST
Rent To Own
Downtown Henderson
Single Family Home
Henderson, KY 42420
2
1
975 ft2
1933
1 of 25 2518 TIMBERS DR
Rent To Own
 
Single Family Home
Henderson, KY 42420
5
3
2471 ft2
1990
315 ELK AVE
Rent To Own
 
Single Family Home
Henderson, KY 42420
2
2
1551 ft2
1923
1121 STATE ROUTE 1080
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Calhoun, KY 42327
2
1
880 ft2
942 PARK ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Bremen, KY 42325
4
2
1632 ft2
2018
3069 STATE ROUTE 70 W
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Central City, KY 42330
3
2
0 ft2
801 E BROAD ST
HUD Foreclosure
 
Single Family Home
Central City, KY 42330
4
3
1920 ft2
1925
Hot
44 MCCONNELL DR
REO Foreclosure
 
Single Family Home
Central City, KY 42330
3
1
1071 ft2
1977
675 BOLING RD
Auction
 
Single Family Home
Utica, KY 42376
2
1
1378 ft2
New
1 of 5 3996 STATE ROUTE 764
Auction
 
Single Family Home
Utica, KY 42376
2
2
2160 ft2
1961
New
1 of 12 304 BONHAM AVE
REO Foreclosure
 
Single Family Home
Greenville, KY 42345
3
2
1257 ft2
1957
1 of 18 7671 WAYNE BRIDGE RD
Auction
 
Single Family Home
Owensboro, KY 42301
3
2
1091 ft2
2002
New
403 WALKER AVE
Auction
 
Single Family Home
Greenville, KY 42345
3
1
1600 ft2
1962
New
1 of 27 7206 DONALD AVE
Auction
 
Single Family Home
Owensboro, KY 42301
3
1
1053 ft2
1975
Hot
641 JOYCE AVE
REO Foreclosure
 
Single Family Home
Greenville, KY 42345
3
1
1000 ft2
1976
1 of 34 7110 US HIGHWAY 231
Auction
 
Single Family Home
Utica, KY 42376
3
2
2303 ft2
1891
New
6530 HARMONY DR
Auction
 
Single Family Home
Utica, KY 42376
3
1
960 ft2
1957
625 CHUCK GRAY CT
REO Foreclosure
Southeast Owensboro
Single Family Home
Owensboro, KY 42303
2
1
916 ft2
1986
Hot
3546 US HIGHWAY 431 S
REO Foreclosure
 
Single Family Home
Beechmont, KY 42323
2
1
2044 ft2
1941
1 of 52 337 WILDER DR
Auction
Southeast Owensboro
Single Family Home
Owensboro, KY 42303
3
1
975 ft2
1962
New
2201 BOARMAN DR
Auction
Apollo
Single Family Home
Owensboro, KY 42301
3
1
925 ft2
1972
105 DEER PARK DR
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Beechmont, KY 42323
3
2
1600 ft2
2006
New
1 of 27 3830 SHELLY DR
Auction
Southeast Owensboro
Single Family Home
Owensboro, KY 42303
3
1
936 ft2
1960
3818 LONGFELLOW DR
Auction
Southeast Owensboro
Single Family Home
Owensboro, KY 42303
3
1
1417 ft2
1960
New
2308 TRADITION AVE
Auction
Apollo
Single Family Home
Owensboro, KY 42301
3
2
1527 ft2
2003
3615 CHICKASAW DR
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Owensboro, KY 42301
3
2
1460 ft2
1964
New
3617 WINCHESTER DR
Auction
Apollo
Single Family Home
Owensboro, KY 42301
3
2
1200 ft2
2000
11 QUAIL RIDGE CT #A
REO Foreclosure
Southeast Owensboro
Townhouse/Condo
Owensboro, KY 42303
3
2
1412 ft2
1987
1 of 144 2221 FAIRVIEW DR
Auction
Hillcrest
Single Family Home
Owensboro, KY 42303
3
4
1600 ft2
1987
1808 MOUNT VERNON DR
Auction
Hillcrest
Single Family Home
Owensboro, KY 42303
2
1
1218 ft2
1963
New
3324 JEFFERSON ST
Auction
Southeast Owensboro
Single Family Home
Owensboro, KY 42303
2
1
1080 ft2
2003
New
3315 ADAMS ST
Auction
Southeast Owensboro
Single Family Home
Owensboro, KY 42303
2
1
946 ft2
1950
New
3142 STATE ROUTE 142
Auction
 
Single Family Home
Philpot, KY 42366
2
1
864 ft2
1957
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Buying a Home in Island, KY

Island, KY is seeing rapid growth and Island, KY's' housing market remains optimal with an average home price that is -72% below the 2024 national average. Island, KY is part of McLean 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 McLean is 0.67% which is below the national average, which is 0.99%.

Median Home Price in Island, KY

Median Rent in Island, KY

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