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
Rent To Own
 
Townhouse/Condo
Lexington, KY 40508
2
2
1144 ft2
2011
650 S MILL ST #115
Rent To Own
 
Townhouse/Condo
Lexington, KY 40508
2
2
1144 ft2
2011
1 of 61 101 KIRK DR
Rent To Own
 
Single Family Home
Nicholasville, KY 40356
5
5
5800 ft2
1999
650 S MILL ST #120
Rent To Own
 
Townhouse/Condo
Lexington, KY 40508
2
2
1144 ft2
2011
512 WILL PKWY
Rent To Own
 
Single Family Home
Versailles, KY 40383
5
4
3116 ft2
2016
Hot
919 SCAFFOLD CANE RD
Rent To Own
 
Single Family Home
Berea, KY 40403
4
2
1636 ft2
1960
Hot
1 of 39 425 DELCAMP DR
Rent To Own
Northside
Single Family Home
Lexington, KY 40508
3
2
1230 ft2
1910
1 of 16 210 POCAHONTAS TRL
Rent To Own
 
Single Family Home
Georgetown, KY 40324
3
2
1424 ft2
3201 ORCHARD GRASS RD
Rent To Own
Boone Creek
Single Family Home
Lexington, KY 40509
6
5
3345 ft2
2008
Hot
1 of 9 1783 TIMBER CREEK DR
Rent To Own
Boone Creek
Single Family Home
Lexington, KY 40509
3
2
1297 ft2
1995
Hot
1 of 49 3541 SQUIRES WOODS WAY
Rent To Own
Boone Creek
Townhouse/Condo
Lexington, KY 40515
2
2
1056 ft2
1996
Hot
1 of 14 2589 CASHEL CT
Rent To Own
Boone Creek
Single Family Home
Lexington, KY 40509
3
2
1050 ft2
1996
Hot
1 of 12 600 VINCENT WAY #1111
Rent To Own
Wellington
Townhouse/Condo
Lexington, KY 40503
2
2
1442 ft2
2003
Hot
1 of 62 1100 PEPPERHILL CIR
Rent To Own
 
Single Family Home
Lexington, KY 40502
3
3
3030 ft2
1979
1 of 100 2156 CAROLINA LN
Rent To Own
Beaumont Residential
Single Family Home
Lexington, KY 40513
5
5
6372 ft2
2003
1142 DUNBARTON LN
Rent To Own
 
Townhouse/Condo
Lexington, KY 40502
3
4
2574 ft2
1988
1 of 18 104 GRABLE LN
Rent To Own
 
Single Family Home
Georgetown, KY 40324
3
3
2825 ft2
2010
Hot
1 of 12 108 DUNLAP DR
Rent To Own
 
Single Family Home
Georgetown, KY 40324
3
2
1406 ft2
2011
Hot
1 of 16 3021 LYNNWOOD DR
Rent To Own
 
Single Family Home
Paris, KY 40361
3
2
2520 ft2
1955
Hot
1 of 35 208 PLEASANT VIEW DR
Rent To Own
 
Single Family Home
Georgetown, KY 40324
4
3
1926 ft2
2018
125 MADDOX ST
Rent To Own
 
Single Family Home
Georgetown, KY 40324
2
1
885 ft2
1978
4700 SUNNY PT
Rent To Own
Boone Creek
Single Family Home
Lexington, KY 40515
4
3
4480 ft2
1995
Hot
1 of 12 145 VANDERBILT DR
Rent To Own
 
Single Family Home
Lexington, KY 40517
3
3
2200 ft2
1960
1 of 26 213 LEAWOOD DR
Rent To Own
 
Single Family Home
Lexington, KY 40502
4
3
2246 ft2
1961
1 of 40 1304 SADDLE CLUB WAY
Rent To Own
 
Single Family Home
Lexington, KY 40504
4
5
3796 ft2
2001
1 of 36 1084 CHASEWOOD WAY
Rent To Own
Beaumont Residential
Single Family Home
Lexington, KY 40513
4
4
5300 ft2
1998
163 AVAWAM DR
Rent To Own
 
Single Family Home
Richmond, KY 40475
6
4
5300 ft2
2006
Hot
1 of 20 791 TYRUS CT
Rent To Own
 
Single Family Home
Lexington, KY 40515
3
3
2310 ft2
1990
1 of 7 505 RIDGEWATER CT
Rent To Own
Waterford
Single Family Home
Lexington, KY 40515
4
3
2494 ft2
1992
1 of 36 5104 GREY OAK LN
Rent To Own
Brannon Crossing
Single Family Home
Nicholasville, KY 40356
5
3
2963 ft2
2013
Hot
1 of 31 512 CROMWELL WAY
Rent To Own
 
Single Family Home
Lexington, KY 40503
3
2
1519 ft2
1974
Hot
1 of 8 1796 GERALD DR
Rent To Own
 
Single Family Home
Lexington, KY 40511
4
2
1152 ft2
1994
Hot
1 of 99 112 COPLAND CT
Rent To Own
 
Single Family Home
Georgetown, KY 40324
4
3
2859 ft2
2006
Hot
1 of 28 1837 WAYLAND DR
Rent To Own
Bryan Station
Single Family Home
Lexington, KY 40505
3
1
1359 ft2
1956
1 of 17 1100 Horsemans Lane
Rent To Own
 
Multifamily (2 - 4 Units)
Lexington, KY 40504
3
2
1232 ft2
1997
New
1 of 23 342 Waller Avenue
Rent To Own
Picadome
Multifamily (2 - 4 Units)
Lexington, KY 40504
1
1
660 ft2
1969
1 of 7 402 DUBB LN
Rent To Own
 
Single Family Home
Nicholasville, KY 40356
3
3
2100 ft2
1994
Hot
1 of 51 3512 NICHOLASVILLE RD
Rent To Own
 
Single Family Home
Lexington, KY 40503
4
3
2720 ft2
1958
1 of 67 1308 WAKEHURST CT
Rent To Own
Boone Creek
Single Family Home
Lexington, KY 40509
5
5
4580 ft2
2001
3416 CHESTNUT HILL LN
Rent To Own
Andover Hills
Single Family Home
Lexington, KY 40509
5
4
3570 ft2
1990
629 TWIN PINES WAY
Rent To Own
 
Single Family Home
Lexington, KY 40514
3
3
1710 ft2
1993
1 of 57 120 STERLING DR
Rent To Own
 
Single Family Home
Georgetown, KY 40324
3
3
4000 ft2
1999
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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.