Rent to own Homes in Cedar, MI

Cedar, MI 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 Cedar, MI. 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 Cedar, MI rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 168
12050 S WEST BAY SHORE DR
Rent To Own
Greilickville
Single Family Home
Traverse City, MI 49684
2
2
1144 ft2
1971
Hot
1 of 9 13766 S WEST BAY SHORE DR #206
Rent To Own
 
Townhouse/Condo
Traverse City, MI 49684
2
2
924 ft2
1994
Hot
1 of 10 227 FAIR ST #6
Rent To Own
 
Townhouse/Condo
Traverse City, MI 49686
2
1
895 ft2
1967
Hot
1 of 32 2017 TIMBERLANE DR
Rent To Own
 
Single Family Home
Traverse City, MI 49686
5
3
2477 ft2
1970
Hot
1 of 46 865 VIENNA WAY
Rent To Own
 
Townhouse/Condo
Traverse City, MI 49696
4
3
3200 ft2
2015
1 of 21 1717 U.S. 31 unit 35
Rent To Own
 
Multifamily (2 - 4 Units)
Traverse City, MI 49686
3
4
2200 ft2
1986
Hot
1 of 70 10860 BLUFF RD
Rent To Own
 
Single Family Home
Traverse City, MI 49686
4
6
6740 ft2
2014
Hot
1 of 11 2031 SEAVIEW DR
Rent To Own
 
Townhouse/Condo
Traverse City, MI 49686
3
3
2300 ft2
2013
Hot
1 of 4 3798 VALE DR
Rent To Own
 
Townhouse/Condo
Traverse City, MI 49686
2
1
750 ft2
1978
1 of 28 11720 EASY ST
Rent To Own
 
Single Family Home
Kewadin, MI 49648
3
3
2347 ft2
2014
1 of 22 8199 MAIDENS RD
Rent To Own
 
Single Family Home
Bear Lake, MI 49614
4
3
2524 ft2
2003
1 of 42 2217 US31 South
Rent To Own
 
Multifamily (2 - 4 Units)
Charlevoix, MI 49720
3
3
3000 ft2
1900
8211 S Pine Tree Lane #3
REO Foreclosure
 
Single Family Home
Cedar, MI 49621
2
2
1385 ft2
2002
11160 S RAMBLEWOOD DR
REO Foreclosure
 
Single Family Home
Cedar, MI 49621
5
3
3310 ft2
1998
1 of 65 6080 LAKE LEELANAU DR
Auction
 
Single Family Home
Traverse City, MI 49684
3
2
928 ft2
20281 RICHARDSON RD
Auction
 
Single Family Home
Lake Ann, MI 49650
2
2
1231 ft2
20446 NOFSGER RD
Auction
 
Single Family Home
Lake Ann, MI 49650
2
1
1760 ft2
1471 N WEST SILVER LAKE RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Traverse City, MI 49685
4
3
1170 ft2
1978
1 of 5 4436 BRUNSON PL
Auction
 
Single Family Home
Traverse City, MI 49684
3
2
1300 ft2
1991
310 S DIVISION ST
Pre-Foreclosure (Lis Pendens)
Kids Creek
Single Family Home
Traverse City, MI 49684
2
2
1005 ft2
1904
575 N EAST SILVER LAKE RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Traverse City, MI 49685
3
1
1008 ft2
1994
241 E 11TH ST
Auction
Old Towne
Single Family Home
Traverse City, MI 49684
3
1
1017 ft2
1910
1 of 58 1201 E DUCK LAKE RD
Auction
 
Single Family Home
Grawn, MI 49637
4
1
1429 ft2
1920
3751 MAPLE CITY HWY
REO Foreclosure
 
Single Family Home
Interlochen, MI 49643
4
3
2566 ft2
2000
348 FARMSTEAD LN
Pre-Foreclosure (Lis Pendens)
Chums Corner
Townhouse/Condo
Traverse City, MI 49685
3
2
1148 ft2
2001
Hot
16348 ALETHA RD
REO Foreclosure
 
Single Family Home
Interlochen, MI 49643
3
1
912 ft2
2002
1 of 5 968 BARLOW ST
Auction
Traverse Heights
Single Family Home
Traverse City, MI 49686
2
1
1130 ft2
1896
1916 COUNTY ROAD 633
Pre-Foreclosure (Lis Pendens)
Grawn
Single Family Home
Grawn, MI 49637
2
1
698 ft2
1936
626 ROSE ST
Pre-Foreclosure (Lis Pendens)
Traverse Heights
Single Family Home
Traverse City, MI 49686
2
1
792 ft2
1966
Hot
5889 OLD MAPLE TRL
REO Foreclosure
Grawn
Single Family Home
Grawn, MI 49637
4
1
1446 ft2
1974
1058 WEBSTER ST
Auction
Oak Park
Single Family Home
Traverse City, MI 49686
1
1
875 ft2
1906
3810 APOLLO DR
Pre-Foreclosure (Lis Pendens)
Chums Corner
Single Family Home
Traverse City, MI 49685
3
1
1613 ft2
1995
9040 PENINSULA DR
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Traverse City, MI 49686
3
2
2185 ft2
1977
593 AUTUMNVIEW LN
Pre-Foreclosure (Lis Pendens)
Chums Corner
Single Family Home
Traverse City, MI 49685
3
4
1860 ft2
2004
3114 COUNTY ROAD 633
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Grawn, MI 49637
5
2
2592 ft2
1900
4194 BRAMMER DR
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Traverse City, MI 49685
3
1
951 ft2
1978
4644 MANOR WOOD DR S
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Traverse City, MI 49685
3
1
960 ft2
1977
1 of 32 3577 TANAGER DR
Short Sale
 
Townhouse/Condo
Traverse City, MI 49685
3
2
1206 ft2
2022
3536 VANCE RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Traverse City, MI 49685
3
1
1128 ft2
2017
4341 MANOR WOOD DR N
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Traverse City, MI 49685
3
1
1382 ft2
1976
4207 COUNTY ROAD 633
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Grawn, MI 49637
3
1
1170 ft2
1998
893 TRADITIONS DR
Pre-Foreclosure (Lis Pendens)
 
Townhouse/Condo
Traverse City, MI 49696
3
2
1272 ft2
2017
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Buying a Home in Cedar, MI

Cedar, MI is seeing rapid growth and Cedar, MI's' housing market remains optimal with an average home price that is -47% below the 2024 national average. Cedar, MI is part of Leelanau 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 Leelanau is 0.83% which is below the national average, which is 0.99%.

Median Home Price in Cedar, MI

Median Rent in Cedar, MI

Median rent data is currently unavailable.
Rent to own homes offer low monthly payments and flexible terms.