Rent to own Homes in Empire, MI

Empire, MI is a great place for affordable rent-to-own homes! With a median household income of over $51,786 and a median rent of $364, the Empire, 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 Empire, 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 Empire, MI rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 94
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
12050 S WEST BAY SHORE DR
Rent To Own
Greilickville
Single Family Home
Traverse City, MI 49684
2
2
1144 ft2
1971
1 of 22 8199 MAIDENS RD
Rent To Own
 
Single Family Home
Bear Lake, MI 49614
4
3
2524 ft2
2003
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
9491 PENINSULA DR
Rent To Own
 
Single Family Home
Traverse City, MI 49686
6
4
4067 ft2
1971
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
New
10570 RIVERSIDE DR
Auction
 
Single Family Home
Honor, MI 49640
3
1
1232 ft2
2002
11211 SCENIC DR
Fannie Mae/Freddie Mac
 
Single Family Home
Honor, MI 49640
3
2
1500 ft2
1978
3751 MAPLE CITY HWY
REO Foreclosure
 
Single Family Home
Interlochen, MI 49643
4
3
2566 ft2
2000
6846 WALKER ST
REO Foreclosure
 
Single Family Home
Benzonia, MI 49616
3
1
1408 ft2
1961
Hot
16348 ALETHA RD
REO Foreclosure
 
Single Family Home
Interlochen, MI 49643
3
1
912 ft2
2002
1 of 37 8637 HILL ST
Auction
 
Single Family Home
Maple City, MI 49664
2
1
1256 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
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
New
1 of 4 4856 BIRDIE LN
Auction
 
Single Family Home
Traverse City, MI 49685
3
3
1584 ft2
2010
1 of 43 7058 SHADE TREE LN
Auction
 
Single Family Home
Traverse City, MI 49685
4
4
2988 ft2
2019
New
1 of 2 6672 BOONE RD
Auction
 
Single Family Home
Traverse City, MI 49685
3
2
1808 ft2
1973
New
1 of 19 2257 TYLER HILLS DR
Auction
 
Single Family Home
Traverse City, MI 49685
3
2
1310 ft2
2018
1 of 65 6080 LAKE LEELANAU DR
Auction
 
Single Family Home
Traverse City, MI 49684
3
2
928 ft2
1 of 10 1471 N WEST SILVER LAKE RD
Auction
 
Single Family Home
Traverse City, MI 49685
4
3
1170 ft2
1978
1916 COUNTY ROAD 633
Auction
Grawn
Single Family Home
Grawn, MI 49637
2
1
698 ft2
1936
Hot
5889 OLD MAPLE TRL
REO Foreclosure
Grawn
Single Family Home
Grawn, MI 49637
4
1
1446 ft2
1974
3114 COUNTY ROAD 633
Auction
 
Single Family Home
Grawn, MI 49637
5
2
2592 ft2
1900
575 N EAST SILVER LAKE RD
Auction
 
Single Family Home
Traverse City, MI 49685
3
1
1008 ft2
1994
1 of 5 4436 BRUNSON PL
Auction
 
Single Family Home
Traverse City, MI 49684
3
2
1300 ft2
1991
4207 COUNTY ROAD 633
Auction
 
Single Family Home
Grawn, MI 49637
3
1
1170 ft2
1998
8484 ZUE RD
Auction
 
Single Family Home
Buckley, MI 49620
3
2
1680 ft2
2003
1 of 30 15722 HARLAN RD
REO Foreclosure
 
Single Family Home
Copemish, MI 49625
2
1
864 ft2
1960
New
1 of 18 4644 MANOR WOOD DR S
Auction
 
Single Family Home
Traverse City, MI 49685
3
1
960 ft2
1977
1 of 45 310 S DIVISION ST
Auction
Kids Creek
Single Family Home
Traverse City, MI 49684
2
2
1005 ft2
1904
4341 MANOR WOOD DR N
Auction
 
Single Family Home
Traverse City, MI 49685
3
1
1382 ft2
1976
1 of 69 593 AUTUMNVIEW LN
Auction
Chums Corner
Single Family Home
Traverse City, MI 49685
3
4
1860 ft2
2004
New
1 of 18 3536 VANCE RD
Auction
 
Single Family Home
Traverse City, MI 49685
3
1
1128 ft2
2017
New
241 E 11TH ST
Auction
Old Towne
Single Family Home
Traverse City, MI 49684
3
1
1017 ft2
1910
4205 HAMLIN RD
REO Foreclosure
 
Single Family Home
Grawn, MI 49637
3
2
1296 ft2
1970
1 of 4 1602 RIDGE VIEW CT
Auction
 
Single Family Home
Traverse City, MI 49686
3
2
2046 ft2
1977
1 of 5 968 BARLOW ST
Auction
Traverse Heights
Single Family Home
Traverse City, MI 49686
2
1
1130 ft2
1896
New
626 ROSE ST
Auction
Traverse Heights
Single Family Home
Traverse City, MI 49686
2
1
792 ft2
1966
New
1 of 3 610 FERN ST
Auction
Traverse Heights
Single Family Home
Traverse City, MI 49686
3
2
1140 ft2
2002
1058 WEBSTER ST
Auction
Oak Park
Single Family Home
Traverse City, MI 49686
1
1
875 ft2
1906
Map
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Buying a Home in Empire, MI

Empire, MI is seeing rapid growth and Empire, MI's' housing market remains not optimal with an average home price that is 10% above the 2024 national average. Empire, 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 Empire, MI

Median Rent in Empire, MI

Rent to own homes offer low monthly payments and flexible terms.