Rent to Own Homes in Detroit, MI

  • Detroit held prominence in the 1800s because of its location along the Detroit River. When Michigan became a territory in 1805, the legislature named the city as its capital, and it remained as such until 1847. Detroit got its nickname, Motor City, in the 1950s after decades of leadership in innovation and manufacturing in the automotive industry. In the early 1900s, Ransom Olds invented the assembly line, and Henry Ford added the conveyor belt, which helped the city become the car capital of the world. Ford, General Motors, and Chrysler all started in Detroit and still either have their headquarters or maintain a strong presence in the Metro Detroit area. But the city has more to offer than just cars. Health care, retail, hospitality, and many other fields are flourishing in the city.

    Detroit's improving economy has a lot of jobs available for its residents. Many large corporations and Fortune 500 companies are located in Detroit. These include DTE Energy, Ally Financial, American Axle and Manufacturing, and, of course, General Motors. In total, there are more than two million employment opportunities in Metro Detroit. An estimate of 670,031 residents called the city home in 2019 - a drop of slightly more than 6% since the last census count in 2010. While people moving out of a city is not always the best sign, it does bode well for those moving in because it means that the real estate market is not overly tight, making housing affordable and available.

Check out 300 Detroit, MI rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Photo
Listing Type
Description
Price
Details
Hot
1 of 20 16619 Weddel St
Rent To Own
3 Beds, 1 Bath
Taylor, MI 48180
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1 of 19 1002 Mahaffey Ave
Rent To Own
3 Beds, 1.5 Bath
Rochester, MI 48307
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1 of 34 1375 Red Barn Dr
Rent To Own
3 Beds, 1 Bath
Oxford, MI 48371
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1 of 14 525 Maloney St
Rent To Own
3 Beds, 3 Baths
Oxford, MI 48371
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25404 Hanover St
Rent To Own
2 Beds, 3 Baths
Dearborn Heights, MI 48125
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13057 Prospect Ave
Rent To Own
2 Beds, 1 Bath
Warren, MI 48089
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11092 Packard Ave
Rent To Own
2 Beds, 1 Bath
Warren, MI 48089
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8685 Ford Ave
Rent To Own
3 Beds, 1 Bath
Warren, MI 48089
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20592 Maplewood St
Rent To Own
4 Beds, 3 Baths
Riverview, MI 48193
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