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 a median household income of over $56,302 and a median rent of $1,019, the Dearborn, MI rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. 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 440
24420 CHICAGO ST
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Rent To Own
Westwood
Single Family Home
Dearborn, MI 48124
3
1
1071 ft2
1943
7274 Lamphere St
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Rent To Own
Cody-Rouge
Single Family Home
Detroit, MI 48239
2
1
748 ft2
1949
14937 STRATHMOOR ST
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Rent To Own
Grandmont
Single Family Home
Detroit, MI 48227
3
2
1359 ft2
1926
15896 HARTWELL ST
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Rent To Own
Harmony Village
Single Family Home
Detroit, MI 48227
5
2
1711 ft2
1929
1 of 4 2037 11TH ST
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Rent To Own
Downtown
Townhouse/Condo
Detroit, MI 48216
2
3
2030 ft2
2023
101 COLORADO ST
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Rent To Own
 
Single Family Home
Highland Park, MI 48203
4
2
1695 ft2
1915
1 of 195 19510 STRATFORD RD
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Rent To Own
Palmer Park
Single Family Home
Detroit, MI 48221
4
4
3057 ft2
1927
204 W BRENTWOOD ST
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Rent To Own
State Fair-Nolan
Single Family Home
Highland Park, MI 48203
3
1
1056 ft2
1951
1 of 14 20131 PINEHURST ST
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Pembroke
Single Family Home
Detroit, MI 48221
2
1
879 ft2
1946
7726 E CANFIELD ST
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Rent To Own
Kettering-butzel
Single Family Home
Detroit, MI 48214
3
1
1393 ft2
1915
14050 MANHATTAN ST
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Single Family Home
Oak Park, MI 48237
3
2
1061 ft2
1949
26708 FRANKLIN POINTE DR
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Townhouse/Condo
Southfield, MI 48034
3
3
1529 ft2
1971
24132 SAINT MARY CT
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Single Family Home
Farmington, MI 48336
4
3
2224 ft2
1959
1 of 34 4048 HEATHERWOOD CT
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Rent To Own
Northwest Warren
Townhouse/Condo
Warren, MI 48092
2
2
918 ft2
1995
8685 FORD AVE
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Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
3
1
1200 ft2
1948
13057 PROSPECT AVE
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Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
2
1
900 ft2
1952
18753 ELKHART ST
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Single Family Home
Harper Woods, MI 48225
2
1
753 ft2
1942
1 of 22 58 HAZEL AVE
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Single Family Home
Pontiac, MI 48341
5
2
2204 ft2
1920
1 of 18 19447 S Highlite Drive
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Single Family Home
Clinton, MI 48035
1
1
600 ft2
1968
8643 HIBBING ST
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Single Family Home
Commerce Township, MI 48382
4
2
1777 ft2
1960
38243 JONATHAN ST
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Single Family Home
Clinton Township, MI 48036
3
3
2646 ft2
1964
3404 LOON LAKE Court # 59
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Single Family Home
Waterford, MI 48329
2
2
1563 ft2
1989
1002 MAHAFFEY AVE
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Single Family Home
Rochester, MI 48307
3
2
1017 ft2
1958
134 N MILFORD RD
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Rent To Own
Downtown Highland
Single Family Home
Highland, MI 48357
1
2
1808 ft2
1885
1375 RED BARN DR
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Single Family Home
Oxford, MI 48371
3
1
2028 ft2
1966
1 of 2 9917 GLASGOW DR
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Rent To Own
Brighton Country Club
Single Family Home
Brighton, MI 48114
3
3
1900 ft2
2023
784 Eagle Drive # 20
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Rent To Own
Fenton
Single Family Home
Fenton, MI 48430
3
2
1619 ft2
2001
1 of 2 5515 TERNES ST
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Rent To Own
Woodworth
Single Family Home
Dearborn, MI 48126
3
1
1205 ft2
1939
1 of 42 5739 BINGHAM ST
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Rent To Own
Hemlock Park
Single Family Home
Dearborn, MI 48126
3
2
1065 ft2
1929
5111 FAIRLANE WOODS DR
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Rent To Own
 
Townhouse/Condo
Dearborn, MI 48126
3
4
2314 ft2
1981
7627 PATTON ST
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Rent To Own
Cody-Rouge
Single Family Home
Detroit, MI 48228
3
1
878 ft2
1948
1 of 45 4743 ORCHARD AVE
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Rent To Own
Woodworth
Single Family Home
Dearborn, MI 48126
4
4
2200 ft2
1929
4745 MEAD ST
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Rent To Own
Woodworth
Single Family Home
Dearborn, MI 48126
3
2
1182 ft2
1926
1 of 26 4629 DUDLEY ST
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Single Family Home
Dearborn Heights, MI 48125
3
1
988 ft2
1955
17228 HANOVER AVE
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Single Family Home
Allen Park, MI 48101
3
3
1148 ft2
1939
1 of 2 6654 BERWYN ST
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Single Family Home
Dearborn Heights, MI 48127
3
3
1480 ft2
1996
8973 BIRWOOD ST
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Rent To Own
Mackenzie
Single Family Home
Detroit, MI 48204
3
1
1287 ft2
1931
26242 ETON AVE
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Single Family Home
Dearborn Heights, MI 48125
2
1
729 ft2
1944
1 of 21 9158 MANSFIELD ST
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Rent To Own
Brooks
Townhouse/Condo
Detroit, MI 48228
4
2
1706 ft2
1950
1 of 2 23709 W CHICAGO
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Rent To Own
Telegraph Hazelton
Single Family Home
Redford, MI 48239
3
1
1300 ft2
1943
5240 S CLARENDON ST
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Rent To Own
Tireman
Single Family Home
Detroit, MI 48204
3
1
1444 ft2
1917
8612 Olivet
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Rent To Own
Vernor
Single Family Home
Detroit, MI 48209
3
1
2200 ft2
1900
Hot
3225 S ANNABELLE ST
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Single Family Home
Detroit, MI 48217
3
1
1093 ft2
1961
247 GOODELL ST
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Rent To Own
 
Single Family Home
River Rouge, MI 48218
3
2
1282 ft2
1943
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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 -29% below the 2025 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 2025 for county Wayne is 2.07% which is above the national average, which is 0.99%.

Median Home Price in Dearborn, MI

Median Rent in Dearborn, MI

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: