Rent to own Homes in Dearborn, MI

As the birthplace of Henry Ford and home of the Ford Motor Company, Dearborn, Michigan, has a special place in American automotive history. Located within the Detroit metropolitan area, Dearborn has a population of just under 100,000 residents and ranks as the eighth largest city in the state. The city is named after Henry Dearborn, a prominent General in the Revolutionary War. Although Dearborn was settled by people of European descent in the late 18th century, it wasn't incorporated as a city until 1927 following the automotive boom. Today, Dearborn exists as an important steel and auto manufacturing center with a growing immigrant population of Arabic descent. It is also home to the Arab-American National Museum and the Islamic Center of America.

Dearborn, 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 Dearborn, 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 Dearborn, MI rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 44 of 300
7274 Lamphere St
2 Beds, 1 Bath
Rent To Own
Cody-Rouge
Single Family Home
Detroit, MI 48239
748 Sqft | Built in 1949
25404 HANOVER ST
2 Beds, 3 Baths
Rent To Own
 
Single Family Home
Dearborn Heights, MI 48125
1,344 Sqft | Built in 1940
15484 NORTHLAWN ST
3 Beds, 1 Bath
Rent To Own
Harmony Village
Single Family Home
Detroit, MI 48238
1,243 Sqft | Built in 1926
Hot
13518 POPLAR ST
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Southgate, MI 48195
660 Sqft | Built in 1949
204 W BRENTWOOD ST
3 Beds, 1 Bath
Rent To Own
State Fair-Nolan
Single Family Home
Highland Park, MI 48203
1,056 Sqft | Built in 1951
502 ALBANY ST
3 Beds, 1 Bath
Rent To Own
Downtown Ferndale
Single Family Home
Ferndale, MI 48220
1,150 Sqft | Built in 1928
20592 MAPLEWOOD ST
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Riverview, MI 48193
2,472 Sqft | Built in 1974
14050 MANHATTAN ST
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Oak Park, MI 48237
1,061 Sqft | Built in 1949
Rent to own homes offer low monthly payments and flexible terms.
8900 E Jefferson Ave APT 718
1 Bed, 1 Bath
Rent To Own
Belle Isle
Single Family Home
Detroit, MI 48214
600 Sqft | Built in 1966
8685 FORD AVE
3 Beds, 1 Bath
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
1,200 Sqft | Built in 1948
11092 PACKARD AVE
2 Beds, 1 Bath
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
850 Sqft | Built in 1951
42260 FIVE MILE RD
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Plymouth, MI 48170
2,414 Sqft | Built in 2014
13057 PROSPECT AVE
2 Beds, 1 Bath
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
900 Sqft | Built in 1952
51319 GEDDES RD
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Canton, MI 48188
823 Sqft | Built in 1937
4652 ALLORE RD
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Newport, MI 48166
816 Sqft | Built in 1950
1002 MAHAFFEY AVE
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Rochester, MI 48307
1,017 Sqft | Built in 1958
134 N MILFORD RD
1 Bed, 2 Baths
Rent To Own
Downtown Highland
Single Family Home
Highland, MI 48357
1,808 Sqft | Built in 1885
Hot
1 of 14 525 MALONEY ST
3 Beds, 3 Baths
Rent To Own
 
Single Family Home
Oxford, MI 48371
2,519 Sqft | Built in 1977
3680 ALLEN RD
4 Beds, 4 Baths
Rent To Own
 
Single Family Home
Ortonville, MI 48462
4,400 Sqft | Built in 1991
7011 KENDAL ST
3 Beds, 2 Baths
Rent To Own
Fordson
Single Family Home
Dearborn, MI 48126
1,183 Sqft | Built in 1956
1 of 15 6633 TERNES ST
4 Beds, 3.5 Baths
Rent To Own
Ford Woods
Single Family Home
Dearborn, MI 48126
1,812 Sqft | Built in 1928
1 of 43 7 GLENEAGLES CT
4 Beds, 4.5 Baths
Rent To Own
Springwells
Townhouse/Condo
Dearborn, MI 48120
3,402 Sqft | Built in 1999
1 of 21 9158 MANSFIELD ST
4 Beds, 2 Baths
Rent To Own
Brooks
Townhouse/Condo
Detroit, MI 48228
1,706 Sqft | Built in 1950
3225 S ANNABELLE ST
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Detroit, MI 48217
1,093 Sqft | Built in 1961
1 of 18 10359 VIOLETLAWN ST
4 Beds, 2.5 Baths
Rent To Own
Mackenzie
Single Family Home
Detroit, MI 48204
2,000 Sqft | Built in 1927
1 of 16 26932 KITCH ST
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Inkster, MI 48141
832 Sqft | Built in 1950
Hot
11359 SUSSEX ST
2 Beds, 1 Bath
Rent To Own
Brooks
Single Family Home
Detroit, MI 48227
1,066 Sqft | Built in 1936
Hot
1 of 25 2043 MILL ST
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Lincoln Park, MI 48146
1,008 Sqft | Built in 1950
Hot
1 of 30 1724 CHANDLER AVE
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Lincoln Park, MI 48146
1,200 Sqft | Built in 1921
1 of 20 4782 CORTLAND ST
6 Beds, 2 Baths
Rent To Own
Winter Halter
Single Family Home
Detroit, MI 48204
2,400 Sqft | Built in 1926
1 of 25 12736 SANTA ROSA DR
5 Beds, 3 Baths
Rent To Own
Winter Halter
Single Family Home
Detroit, MI 48238
26,000 Sqft | Built in 1926
Hot
3320 RICHTON ST
6 Beds, 2 Baths
Rent To Own
Durfee
Single Family Home
Detroit, MI 48206
2,800 Sqft | Built in 1926
1 of 24 4282 Waverly
6 Beds, 2.5 Baths
Rent To Own
Winter Halter
Single Family Home
Detroit, MI 48204
2,350 Sqft
1 of 22 11785 CARDWELL ST
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Livonia, MI 48150
1,784 Sqft | Built in 2019
1 of 6 11795 CARDWELL ST
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Livonia, MI 48150
1,784 Sqft | Built in 2019
1 of 6 3750 Glendale Avenue
3 Beds, 2.5 Baths
Rent To Own
Winter Halter
Multifamily (2 - 4 Units)
Detroit, MI 48238
2,096 Sqft | Built in 1937
1 of 16 6171 STANTON ST
4 Beds, 2 Baths
Rent To Own
Rosa Parks
Single Family Home
Detroit, MI 48208
1,400 Sqft | Built in 1905
25301 5 MILE RD #130
1 Bed, 1 Bath
Rent To Own
Western View
Single Family Home
Redford, MI 48239
700 Sqft | Built in 1965
1 of 14 15410 Ferguson
3 Beds, 1.5 Bath
Rent To Own
Cerveny
Single Family Home
Detroit, MI 48235
1,164 Sqft
1 of 21 11180 ZIEGLER ST
4 Beds, 2 Baths
Rent To Own
 
Single Family Home
Taylor, MI 48180
1,512 Sqft | Built in 2003
Hot
1 of 9 16501 BURT RD
3 Beds, 1 Bath
Rent To Own
Rosedale Park
Single Family Home
Detroit, MI 48219
1,074 Sqft | Built in 1942
Hot
1 of 6 6775 MERRIMAN RD
4 Beds, 2 Baths
Rent To Own
 
Single Family Home
Romulus, MI 48174
1,380 Sqft | Built in 1936
11398 Harrison Ave
4 Beds, 2 Baths
Rent To Own
 
Single Family Home
Romulus, MI 48174
2,000 Sqft | Built in 1951
1 of 10 18319 GRAYFIELD ST
2 Beds, 1 Bath
Rent To Own
Redford
Single Family Home
Detroit, MI 48219
850 Sqft | Built in 1923
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Popular Zip Codes in Dearborn, MI

48123 rent to own homes

Buying a Home in Dearborn, MI

Dearborn, MI is seeing rapid growth and Dearborn, MI's' housing market remains optimal with an average home price that is -100% below the 2022 national average. Dearborn, MI is part of Wayne 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 2022 for county Wayne is 2.07% which is above the national average, which is 0.99%.

Median Home Price in Dearborn, MI

Median home price data is currently unavailable.

Median Rent in Dearborn, MI

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

Top Reasons to Live in Dearborn MI

Housing Statistics Despite its location within the Detroit metropolitan area, real estate values in Dearborn have witnessed a sharp surge in the last few years. Median home sales price has increased from a low of $48,000 in the middle of 2010 to hit nearly $97,000 in 2013. In fact, median sales price has shot up by 57% over the last year alone. With over 470 homes sold in 2012, Dearborn can be classified as a 'strong' real estate market, relative to its location. This is largely due to the growing economy which has, so far, remained isolated from the Detroit's downturn. In fact, Dearborn real estate values are higher than the state average (but lower than the national average by 23 percent), which is why rent to own has become a popular option among would-be home buyers.

Local Restaurants Dearborn has attracted a large Arab immigrant population in the last few decades which has shaped the city's culinary habits. Mediterranean and fusion restaurants are all around Dearborn, especially along Michigan Avenue. M & M Cafe is one of the city's favorite restaurants selling Mediterranean-American fusion food. Tuhama's on W Warren Avenue is another local favorite, especially for its middle-east inspired menu. Hamido, also on W Warren Avenue, serves a delicious shawarma and has the best rated hummus in town. For something slightly less Mediterranean, you can head out to Roman Village on Dix Avenue for some authentic Italian fare. Frida's Mexican Cuisine is the city's favorite spot for a taste of authentic, home-cooked Mexican cuisine.

Outdoors Activities Dearborn is big on golf courses. There are several world-class golf courses in the city, including the Dearborn Hills Golf Course, the Dearborn Country Club, TPC of Michigan Golf Course, and the Warren Valley Golf Course located in neighboring Dearborn Heights. If swinging a golf club isn't your thing, you can head out to the Environmental Interpretive Center, a facility developed by UMich-Dearborn. This vast outdoor area is spread over 300 acres and serves as a base for scientific research, educational trips and interactive learning sessions. It's a great place for families with children to get close to nature and learn something in the process.

Neighborhoods As a moderate sized city, Dearborn has several distinct neighborhoods. Some of these are:

Dearborn, MI Frequently Asked Questions

Dearborn, MI has a walk score of

Dearborn, MI has a bike score of

The state tax rate is 4.25% on top of the federal tax rate of 10 to 37%.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Some data might be from tax-rates.org
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