Rent to own Homes in Michigan

Michigan is a state that's full of surprises. The Wolverine State is the only state in the country divided into two distinct peninsulas, and it's a place where agriculture, academia, industry, and Motown have found a way to thrive together. It's a manufacturing hub and the corporate headquarters of America's top automobile manufacturers. It's also an outdoor lover's paradise with more than 100 state parks and recreation areas that cover 10 million acres of public land.

Bordering four of the Great Lakes, Michigan has the longest freshwater coastline in the United States and more shoreline than California. This does more than give the state's lower peninsula its iconic mitten-shaped look. It provides a backdrop for an array of outdoor activities, including fishing, boating, and golfing. These are just some of the reasons people are smitten with Michigan and are choosing to call it home.

Check out Michigan rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
7274 Lamphere St
Rent To Own
Cody-Rouge
Single Family Home
Detroit, MI 48239
2
1
748 ft2
1949
305 MILLER DR
Rent To Own
 
Single Family Home
Albion, MI 49224
3
1
864 ft2
1953
1 of 14 525 Maloney Street
Rent To Own
 
Multifamily (2 - 4 Units)
Oxford, MI 48371
3
3
2519 ft2
1977
8685 FORD AVE
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
3
1
1200 ft2
1948
4652 ALLORE RD
Rent To Own
 
Single Family Home
Newport, MI 48166
2
1
816 ft2
1950
25404 HANOVER ST
Rent To Own
 
Single Family Home
Dearborn Heights, MI 48125
2
3
1344 ft2
1940
1002 MAHAFFEY AVE
Rent To Own
 
Single Family Home
Rochester, MI 48307
3
2
1017 ft2
1958
20592 MAPLEWOOD ST
Rent To Own
 
Single Family Home
Riverview, MI 48193
4
3
2472 ft2
1974
2040 LAMBDEN RD
Rent To Own
City Farms
Single Family Home
Flint, MI 48532
2
1
800 ft2
1930
134 N MILFORD RD
Rent To Own
Downtown Highland
Single Family Home
Highland, MI 48357
1
2
1808 ft2
1885
920 E CLINTON ST
Rent To Own
 
Townhouse/Condo
Howell, MI 48843
2
2
1250 ft2
2020
930 E CLINTON ST
Rent To Own
 
Townhouse/Condo
Howell, MI 48843
3
3
1325 ft2
2020
940 E CLINTON ST
Rent To Own
 
Townhouse/Condo
Howell, MI 48843
2
2
1250 ft2
2020
950 E CLINTON ST
Rent To Own
 
Townhouse/Condo
Howell, MI 48843
2
2
1250 ft2
2020
960 E CLINTON ST
Rent To Own
 
Townhouse/Condo
Howell, MI 48843
2
2
1250 ft2
2020
970 E CLINTON ST
Rent To Own
 
Townhouse/Condo
Howell, MI 48843
2
2
1250 ft2
2020
13057 PROSPECT AVE
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
2
1
900 ft2
1952
Hot
13518 POPLAR ST
Rent To Own
 
Single Family Home
Southgate, MI 48195
2
1
660 ft2
1949
1442 RILEY CENTER RD
Rent To Own
 
Single Family Home
Riley, MI 48041
3
2
1853 ft2
1991
204 W BRENTWOOD ST
Rent To Own
State Fair-Nolan
Single Family Home
Highland Park, MI 48203
3
1
1056 ft2
1951
13946 S 42ND ST
Rent To Own
 
Single Family Home
Fulton, MI 49052
3
1
1454 ft2
8900 E Jefferson Ave APT 718
Rent To Own
Belle Isle
Single Family Home
Detroit, MI 48214
1
1
600 ft2
1966
19326 EDGAR RD
Rent To Own
 
Single Family Home
Howard City, MI 49329
4
3
1700 ft2
1988
502 ALBANY ST
Rent To Own
Downtown Ferndale
Single Family Home
Ferndale, MI 48220
3
1
1150 ft2
1928
15484 NORTHLAWN ST
Rent To Own
Harmony Village
Single Family Home
Detroit, MI 48238
3
1
1243 ft2
1926
3680 ALLEN RD
Rent To Own
 
Single Family Home
Ortonville, MI 48462
4
4
4400 ft2
1991
13258 6 1/2 MILE RD
Rent To Own
 
Single Family Home
Battle Creek, MI 49014
6
3
3178 ft2
1950
51319 GEDDES RD
Rent To Own
 
Single Family Home
Canton, MI 48188
2
1
823 ft2
1937
42260 FIVE MILE RD
Rent To Own
 
Single Family Home
Plymouth, MI 48170
4
3
2414 ft2
2014
11092 PACKARD AVE
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
2
1
850 ft2
1951
Hot
1517 CLINTON AVE
Rent To Own
Edison
Single Family Home
Kalamazoo, MI 49001
2
1
1100 ft2
1913
24120 OXFORD ST
Rent To Own
 
Single Family Home
Clinton Township, MI 48036
3
3
1900 ft2
1953
76 BRADFORD ST
Rent To Own
 
Single Family Home
Battle Creek, MI 49014
3
1
1072 ft2
1946
14050 MANHATTAN ST
Rent To Own
 
Single Family Home
Oak Park, MI 48237
3
2
1061 ft2
1949
1375 RED BARN DR
Rent To Own
 
Single Family Home
Oxford, MI 48371
3
1
2028 ft2
1966
1584 BEACH DR
Rent To Own
 
Single Family Home
Crystal, MI 48818
3
1
1083 ft2
1977
314 HAZE ST
Rent To Own
 
Single Family Home
Lansing, MI 48917
3
1
984 ft2
1929
1 of 32 10071 S.6 RD
Rent To Own
 
Single Family Home
Rapid River, MI 49878
3
2
1201 ft2
26770 Joy Rd
Rent To Own
Jefferson
Townhouse/Condo
Redford, MI 48239
1
1
646 ft2
1966
New
1 of 5 1775 MCILWRAITH ST
Rent To Own
Marsh Field
Single Family Home
Muskegon, MI 49442
2
1
864 ft2
1537 MORSE RD
Rent To Own
 
Single Family Home
Battle Creek, MI 49014
3
2
1928 ft2
1970
1 of 18 N2946 SHORE DR
Rent to Own Eligible
 
Single Family Home
Marinette, WI 54143
2
2
1400 ft2
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More Michigan Property Resources

Rent to own Homes in Cities Near Michigan

Average Cost of Living in Michigan

Overall, the cost of living in Michigan is lower than the rest of the country. However, this isn't true in specific areas, like Lansing, Kalamazoo, Saginaw, and Grand Rapids, where the cost of living can be as much as 12% higher than the national average. Food and transportation costs remain close to national averages. And, despite unpredictable weather, energy costs tend to be lower than other states in the region, due in part to the way breezes from the Great Lakes affect the climate.

Average Home Prices in Michigan

The median home value in Michigan is just over $173,000, making it super affordable compared to other parts of the country. It's important to note that home prices vary greatly across the state, though. In Detroit, for example, the median home price is slightly more than $35,000. The median home price in Ann Arbor is over $392,000. In highly competitive markets, rent to own homes in Michigan are an excellent option.

Michigan Statistics

If you're interested in Michigan rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common Michigan statistics compared to the U.S. national average.

Michigan AveragesNational Averages
One-Way Commute24.3 minutes26.4 minutes
Violent Crime25.322.7
Property Crime28.135.4
Unemployment Rate5.1%3.6%
Income Tax Rate4.3%4.6%
Air Quality7158
Water Quality4755
Median Household Income$49,087$53,482
Median Property Taxes$1,209$2,200
Utilities$97/month$112/month
Monthly Rent$915$1,470
Median Home Cost$151,400$231,200
Median Home Age44 years40 years

Popular Michigan Cities

The physical division of the upper and lower peninsulas reflects the diversity of the state. Whether you're looking for the seclusion of the wilderness, the action of a city, or the charm of a suburb, you can find the right neighborhood for yourself in Michigan's most popular cities.

  1. Ann Arbor. Located in southeastern Michigan, Ann Arbor consistently ranks as one of the top cities in the state. The University of Michigan attracts a diverse group of people to the city and supports a vibrant entertainment scene as well as businesses.
  2. Detroit. Living in Detroit gives you access to the amenities of a big city without the hefty price tag. You'll find here diverse neighborhoods, a thriving arts and entertainment scene, and interesting activities for the whole family.
  3. Grand Rapids. It may be the second-largest metro area in Michigan, but Grand Rapids still has a distinctive small-town charm. This western Michigan city caters to its population of young professionals and families with an impressive craft beer scene, pedestrian-friendly streets, and public museums.
  4. Kalamazoo. Education takes center stage in Kalamazoo. Students who graduate from a local public school enjoy free tuition at the city's universities, such as Western Michigan University. The Kalamazoo Promise is just one feature that makes the city a great place for families.
  5. Marquette. The largest city in the upper peninsula, Marquette is a friendly place that feels cozy even in the depths of winter. Warm fire pits, miles of walking paths, and spectacular sunsets over Lake Superior draw residents outdoors year-round.
  6. Traverse City. One of Michigan's top vacation spots, Traverse City, has miles of beaches along Lake Michigan, and the National Cherry Festival is hosted there each year. This family-friendly city has an impressive foodie scene and popular film festivals that keep residents and visitors entertained.

Popular Attractions in Michigan

It's impossible to ignore the stunning natural beauty of Michigan, and that's one reason why the most popular spots in the state are in the great outdoors.

  1. People flock to sites like Sleeping Bear Dunes and Painted Rocks National Lakeshore where they camp in the woods, play in the water and hike along trails with picturesque views of the water.
  2. You can also spend time in places like Mackinac Island or Isle Royale National Park.
  3. Climb the natural dome at the center of Stone Mountain State Park.
  4. Check out the impressive museums dedicated to the arts. Detroit Institute of Arts boasts one of the most diverse permanent collections of art in the country, guaranteeing an interesting exhibit every time you visit.
  5. Immerse yourself in the story of Motown Record Company at the Motown Museum and see the studio where some of the country's most beloved bands recorded their music.
  6. Witness Grand Rapids' open exhibit ArtPrize featuring work displayed all over the downtown area.
  7. Explore the Henry Ford Museum-called Greenfield Village-where you can see Thomas Edison's lab, ride in a Model T Ford, and learn about innovations in farming and industry.
  8. Walk through Michilimackinac, an 18th-century fort that tells the story of colonial America on Mackinac Island. You'll leave with a new understanding of why so many people continue to choose Michigan as their home.

With its diverse cities, landscapes, outdoors escapes, public universities, and revitalized economy, there are plenty of reasons to consider Michigan.