Rent to own Homes in Lexington, KY

Lexington, Kentucky, is the second-largest city in the state. The city, home to more than 305,000 people, is known for its heritage as a bluegrass region. The city ranks as one of the highest in terms of people who have at least a bachelor's degree. It is home to various clubs and universities. Individuals who are looking to move here will find Lexington has plenty to offer, simply because it is such a welcoming, beautiful city with all the amenities you need and want.

Lexington, KY is a great place for affordable rent-to-own homes! With the current housing shortage trend it can make it harder to become a homeowner, including in Lexington, 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 Lexington, KY rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
650 S MILL ST #213
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Rent To Own
 
Townhouse/Condo
Lexington, KY 40508
2
2
1144 ft2
2011
650 S MILL ST #115
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Rent To Own
 
Townhouse/Condo
Lexington, KY 40508
2
2
1144 ft2
2011
1 of 33 941 Warby Drive
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Rent to Own Eligible
 
Single Family Home
Lexington, SC 29073
4
3
2443 ft2
2023
1 of 33 945 Warby Drive
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Rent to Own Eligible
 
Single Family Home
Lexington, SC 29073
5
3
2237 ft2
2024
1 of 32 969 Warby Drive
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Rent to Own Eligible
 
Single Family Home
Lexington, SC 29073
4
3
2519 ft2
2023
1 of 33 965 Warby Drive
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Rent to Own Eligible
 
Single Family Home
Lexington, SC 29073
5
3
2237 ft2
2024
1002 Verdot Valley Ct
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Rent to Own Eligible
Federal Place
Single Family Home
Houston, TX 77090
3
2
0 ft2
2025
1 of 24 949 Warby Drive
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Rent to Own Eligible
 
Single Family Home
Lexington, SC 29073
3
4
1783 ft2
2024
1 of 33 957 Warby Drive
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Rent to Own Eligible
 
Single Family Home
Lexington, SC 29073
4
3
2443 ft2
2023
1 of 24 3201 ORCHARD GRASS RD
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Rent To Own
Boone Creek
Single Family Home
Lexington, KY 40509
6
5
3345 ft2
2008
1 of 28 1142 DUNBARTON LN
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Rent To Own
 
Townhouse/Condo
Lexington, KY 40502
3
4
2574 ft2
1988
1 of 59 629 TWIN PINES WAY
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Rent To Own
 
Single Family Home
Lexington, KY 40514
3
3
1710 ft2
1993
1 of 15 125 MADDOX ST
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Rent To Own
 
Single Family Home
Georgetown, KY 40324
2
1
885 ft2
1978
1 of 35 474 Hunters Ridge Rd
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Rent To Own
 
Single Family Home
Versailles, KY 40383
3
3
1850 ft2
1998
Hot
207 SWIGERT AVE
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Rent To Own
 
Single Family Home
Frankfort, KY 40601
2
1
2016 ft2
1940
313 E 2ND ST
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Rent To Own
 
Single Family Home
Frankfort, KY 40601
2
1
1026 ft2
1878
219 FIELDS RD
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Rent To Own
 
Single Family Home
Sadieville, KY 40370
3
1
0 ft2
1 of 44 31 VALLEY VIEW DR
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Rent To Own
 
Single Family Home
Danville, KY 40422
5
3
2376 ft2
1964
208 E ADAIR ST
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Rent To Own
 
Townhouse/Condo
Owenton, KY 40359
8
8
6000 ft2
1973
2410 COBHILL RD
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Rent To Own
 
Single Family Home
Irvine, KY 40336
3
2
1216 ft2
2018
3660 WALDEN DR #M
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REO Foreclosure
Belleau Woods
Townhouse/Condo
Lexington, KY 40517
3
3
1664 ft2
1988
136 ANGELA TRL
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Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Nicholasville, KY 40356
3
2
1223 ft2
2003
2065 CARRICK PIKE
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Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Georgetown, KY 40324
3
2
1664 ft2
1120 SOUTHPOINT DR
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Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Georgetown, KY 40324
3
2
1380 ft2
1989
3300 DORCHESTER PL
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Pre-Foreclosure (Lis Pendens)
Wellington
Single Family Home
Lexington, KY 40503
4
3
2597 ft2
2001
811 WESTWOOD DR
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Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Paris, KY 40361
3
1
1809 ft2
2793 SULLIVANS TRCE
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REO Foreclosure
 
Single Family Home
Lexington, KY 40511
4
3
2746 ft2
2007
1910 COBYVILLE CT
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Auction
 
Single Family Home
Lexington, KY 40511
2
2
1455 ft2
1974
1246 BORDEAUX DR
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Auction
Calumet
Single Family Home
Lexington, KY 40504
3
2
1246 ft2
1965
2757 JACQUELYN LN
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Auction
Masterson Station
Single Family Home
Lexington, KY 40511
3
2
1364 ft2
1999
2072 SPRING STATION DR
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Auction
Bryan Station
Single Family Home
Lexington, KY 40505
3
1
1053 ft2
1965
2688 WHITEBERRY DR
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Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Lexington, KY 40511
4
3
1994 ft2
2004
1086 CLARIDGE CT
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Auction
West Gardenside
Single Family Home
Lexington, KY 40504
3
2
1150 ft2
1960
2948 SUMMERFIELD DR
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Pre-Foreclosure (Lis Pendens)
Masterson Station
Single Family Home
Lexington, KY 40511
4
3
2300 ft2
1997
3205 MOUNT IDA CT
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Auction
Boone Creek
Single Family Home
Lexington, KY 40515
3
2
1025 ft2
1978
1645 ATOMA DR
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REO Foreclosure
 
Single Family Home
Lexington, KY 40511
4
2
1708 ft2
2006
742 BREATHITT AVE
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Pre-Foreclosure (Lis Pendens)
Galberith
Single Family Home
Lexington, KY 40508
2
1
760 ft2
1923
4852 PLEASANT GROVE RD
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Pre-Foreclosure (Lis Pendens)
Boone Creek
Single Family Home
Lexington, KY 40515
5
4
3030 ft2
1994
793 LAUREL HILL RD
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Auction
 
Single Family Home
Lexington, KY 40504
3
3
2073 ft2
1998
425 LEMON DROP LN
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Auction
Masterson Station
Single Family Home
Lexington, KY 40511
3
3
1981 ft2
2001
778 ALLENDALE DR
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Pre-Foreclosure (Lis Pendens)
Garden Springs
Single Family Home
Lexington, KY 40503
3
1
1176 ft2
1953
1 of 2 201 PRICE RD #227
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Auction
 
Townhouse/Condo
Lexington, KY 40511
1
2
1680 ft2
2006
201 OLD LEMONS MILL RD
MORE DETAILS +
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Georgetown, KY 40324
4
2
1484 ft2
4021 ROYSTER RD
MORE DETAILS +
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Lexington, KY 40516
3
2
1189 ft2
1964
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Median Rent in Lexington, KY

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

Top Reasons to Live in Lexington KY

Housing Statistics The homes for sale here range widely in type and price, with some dating back 100 years or more. There are many recently constructed dwellings as well. The median sale price of homes in the second quarter of 2013 was $160,000. That is about the same as it was a year ago. The average listing price of homes here currently, as of the second week in August 2013, stands at $249,339. That is just slightly up from the previous year's price. Over the last year, 3,040 homes have sold; the number of sales has increased by 20 percent over the previous year. The property rental options are numerous. Rental property is somewhat in demand, depending on the type. Keep in mind that the city has an apartment vacancy rate at about nine percent, which is higher than previous years. As a result, rent-to-own options may be more readily available for individuals looking for this opportunity.

Local Restaurants As a large city with plenty of people living a very modern lifestyle, Lexington offers many dining options. A few options include Joe Bologna's Restaurant and Bellini's; both offer Italian food and are well loved in the area. Parlay Social is a grill, but it also specializes in popular and unusual alcoholic drinks. Atomic Cafe, Good Fellas Pizzeria, and Billy's BarBQ are restaurants that offer good food in a fun atmosphere. No matter whether you want a cup of coffee and pastry or a tantalizing meal, you'll find plenty to enjoy at Lexington restaurants.

Local Shopping In Lexington, there are numerous shopping opportunities. Fayette Mall is perhaps the largest, with more than 120 stores to choose from. For upscale shopping, a visit to Lafayette Galleries may be in order. It offers everything from fine crystal to elegant clothing. At Victorian Square, which is located on Main Street, there are even more shopping options, including fine-clothing retailers. You'll also find artist studios and collectibles shops in Victorian Square.

Neighborhoods in Lexington As a large city, Lexington has a number of distinct neighborhoods. The type of property available varies from area to area, but these communities tend to be the most desirable.