Rent to own Homes in Indian River, MI

Indian River, MI is a great place for affordable rent-to-own homes! With a median household income of over $47,644 and a median rent of $689, the Indian River, 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 Indian River, 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 Indian River, MI rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 127
1 of 17 605 S HURON ST
Rent To Own
 
Single Family Home
Cheboygan, MI 49721
4
2
2800 ft2
7935 BAY SKIES CT
Rent To Own
 
Townhouse/Condo
Harbor Springs, MI 49740
4
5
4020 ft2
2018
1 of 37 4884 E M 32
Rent To Own
 
Single Family Home
Gaylord, MI 49735
4
3
2800 ft2
1990
1 of 7 3561 eckel dr
Rent To Own
 
Multifamily (2 - 4 Units)
Mackinac Island, MI 49757
3
3
1863 ft2
1989
Hot
1323 MICHAYWE DR
Rent To Own
 
Single Family Home
Gaylord, MI 49735
5
2
2062 ft2
1974
Hot
1 of 7 9871 PINE TREE TRL
Rent To Own
 
Single Family Home
Millersburg, MI 49759
3
2
1420 ft2
2004
Hot
1 of 49 2320 TROON S #506
Rent To Own
 
Townhouse/Condo
Bellaire, MI 49615
4
4
2400 ft2
2000
1 of 4 214 MAPLE ST
Auction
 
Single Family Home
Cheboygan, MI 49721
2
1
854 ft2
New
800 HARRISON ST
Auction
 
Single Family Home
Harbor Springs, MI 49740
3
1
1456 ft2
1976
New
1 of 20 420 S COURT AVE
Auction
 
Single Family Home
Gaylord, MI 49735
5
3
2900 ft2
7249 VAN TYLE RD
REO Foreclosure
 
Single Family Home
Gaylord, MI 49735
3
2
2900 ft2
3065 E DIXON LAKE RD
Auction
 
Single Family Home
Gaylord, MI 49735
3
2
1400 ft2
1519 GERES ST S
Auction
 
Single Family Home
Gaylord, MI 49735
3
2
1729 ft2
New
1 of 87 4241 LAMING CIR
Auction
 
Single Family Home
Elmira, MI 49730
3
2
1984 ft2
1 of 18 4075 HEALEY RD
Auction
 
Single Family Home
East Jordan, MI 49727
3
1
1750 ft2
6726 PINEVIEW DR
Auction
 
Single Family Home
Mancelona, MI 49659
4
2
1555 ft2
New
1 of 14 8935 SPRINGSIDE DR
REO Foreclosure
 
Single Family Home
Mancelona, MI 49659
2
1
1008 ft2
1971
11155 DARRAGH RD
REO Foreclosure
 
Single Family Home
Mancelona, MI 49659
3
2
1216 ft2
1999
5490 BIG WOLF LN
REO Foreclosure
 
Single Family Home
Lewiston, MI 49756
2
1
1246 ft2
1966
1 of 29 405 DUNCAN AVE
Rent To Own
 
Single Family Home
Cheboygan, MI 49721
0
0
2600 ft2
1 of 3 8000 hwy 23
Rent To Own
 
Multifamily (2 - 4 Units)
Mackinaw City, MI 79701
0
0
0 ft2
1 of 5 10.9 ACRES - VACANT WATERFRONT PROPERTY - 2085 W. Martin Lake Road
Rent To Own
 
Multifamily (2 - 4 Units)
Gaylord, MI 49735
0
0
0 ft2
2 Forest Dr
Rent To Own
 
Single Family Home
Mackinac Island, MI 49757
0
0
0 ft2
1 of 4 1771 NASH RD
Auction
 
Single Family Home
Brutus, MI 49716
0
0
0 ft2
1 of 4 3801 GREENMANS POINT RD
Auction
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
New
1 of 13 9077 MILLER RD
Auction
 
Single Family Home
Alanson, MI 49706
0
0
0 ft2
4433 INDIAN RD
Auction
 
Single Family Home
Brutus, MI 49716
0
0
0 ft2
New
6607 N STRAITS HWY
Auction
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
New
1 of 12 917 E DEVEREAUX LAKE RD
Auction
 
Single Family Home
Indian River, MI 49749
0
0
0 ft2
New
6150 HILL ST
Auction
 
Single Family Home
Alanson, MI 49706
0
0
0 ft2
New
7847 LAKE ST
Auction
 
Single Family Home
Alanson, MI 49706
0
0
0 ft2
1 of 26 696 FRANKLIN ESTS
Auction
 
Townhouse/Condo
Petoskey, MI 49770
0
0
0 ft2
New
1 of 50 5627 VALLEY RD
Auction
 
Single Family Home
Alanson, MI 49706
0
0
0 ft2
1 of 5 6015 RINGLER RD
REO Foreclosure
 
Single Family Home
Pellston, MI 49769
0
0
0 ft2
1 of 5 9820 SILVER STRAND RD
Auction
 
Single Family Home
Levering, MI 49755
0
0
0 ft2
6127 PELL ST
REO Foreclosure
 
Single Family Home
Pellston, MI 49769
0
0
0 ft2
15780 RIVERSIDE TRL
REO Foreclosure
 
Single Family Home
Wolverine, MI 49799
0
0
0 ft2
900 LOCUST ST
Auction
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
1102 HANCOCK ST
Auction
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
New
1 of 49 123 N WESTERN AVE
Auction
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
1 of 5 511 7TH ST
Auction
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
333 N HURON ST
Auction
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
Land locked forested
REO Foreclosure
 
Single Family Home
Hebron Township, MI 49721
0
0
0 ft2
511 E STATE ST
Auction
 
Single Family Home
Cheboygan, MI 49721
0
0
0 ft2
Map
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Buying a Home in Indian River, MI

Indian River, MI is seeing rapid growth and Indian River, MI's' housing market remains optimal with an average home price that is -22% below the 2024 national average. Indian River, MI is part of Cheboygan 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 Cheboygan is 0.9% which is below the national average, which is 0.99%.

Median Home Price in Indian River, MI

Median Rent in Indian River, MI

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