Rent to own Homes in Lansing, MI

Lansing is the capital city of Michigan and has a population of over 114,000. The city is located on the banks of the state's Grand River. It is roughly 90 miles outside of Detroit. Lansing is known as the home of Michigan State University, the Library of Michigan and Historical Center, and the Michigan State Capitol Building, which was built in 1878. The city also has a thriving arts scene and great restaurants, making it a place many want to live in.

Lansing, MI is a great place for affordable rent-to-own homes! With a median household income of over $44,233 and a median rent of $847, the Lansing, 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 Lansing, 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 Lansing, MI rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
Hot
305 MILLER DR
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Rent To Own
 
Single Family Home
Albion, MI 49224
3
1
864 ft2
1953
1281 W Cohoctah Rd
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Rent To Own
 
Single Family Home
Cohoctah, MI 48816
2
1
1706 ft2
1940
76 BRADFORD ST
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Rent To Own
 
Single Family Home
Battle Creek, MI 49014
3
1
1072 ft2
1946
20 WENDELL ST
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Rent To Own
Northeast Battle Creek
Single Family Home
Battle Creek, MI 49017
4
2
1704 ft2
1900
New
1 of 2 3508 Narrow Lane
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Rent to Own Eligible
 
Single Family Home
Charlotte, NC 28215
4
3
2218 ft2
2025
New
1 of 2 3512 Narrow Lane
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Rent to Own Eligible
 
Single Family Home
Charlotte, NC 28215
3
2
1853 ft2
2025
New
1 of 7 3516 Narrow Lane
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Rent to Own Eligible
 
Single Family Home
Charlotte, NC 28215
3
2
1388 ft2
2025
New
1 of 2 3520 Narrow Lane
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Rent to Own Eligible
 
Single Family Home
Charlotte, NC 28215
3
2
1552 ft2
2025
New
1 of 2 3524 Narrow Lane
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Rent to Own Eligible
 
Single Family Home
Charlotte, NC 28215
3
2
1853 ft2
2025
New
1 of 2 3528 Narrow Lane
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Rent to Own Eligible
 
Single Family Home
Charlotte, NC 28215
3
2
1388 ft2
2025
1402 LINVAL ST
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Rent To Own
 
Single Family Home
Lansing, MI 48910
3
2
1164 ft2
1913
Hot
3610 W HOLMES RD
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Rent To Own
Woodmere
Single Family Home
Lansing, MI 48911
4
2
1763 ft2
1973
1 of 26 424 HIGHLAND AVE
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Rent To Own
East Lansing
Single Family Home
East Lansing, MI 48823
3
1
1376 ft2
1940
1 of 24 3751 PARULA DR
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Rent To Own
East Lansing
Single Family Home
East Lansing, MI 48823
3
3
2080 ft2
2016
1 of 44 7042 ROSSMAN HWY
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Rent To Own
 
Single Family Home
Eaton Rapids, MI 48827
4
4
4500 ft2
1997
2959 S MICHIGAN RD
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Rent To Own
 
Single Family Home
Eaton Rapids, MI 48827
3
1
1636 ft2
1950
6748 MAPLE LANE RD
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Rent To Own
 
Single Family Home
Rives Junction, MI 49277
2
1
1066 ft2
1980
1 of 50 3261 COUNTRY CLUB WAY
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Rent To Own
 
Single Family Home
Albion, MI 49224
4
2
2744 ft2
1940
New
1 of 22 21301 N V Drive Drive
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Rent To Own
 
Single Family Home
Olivet, MI 49076
3
2
1040 ft2
1998
1 of 10 8725 ROSS RD
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Rent To Own
 
Single Family Home
Muir, MI 48860
1
1
500 ft2
2002
1912 CORUNNA AVE
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Rent To Own
 
Single Family Home
Owosso, MI 48867
3
2
1347 ft2
1940
1 of 4 1702 MUNITH RD
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Rent To Own
 
Single Family Home
Jackson, MI 49201
3
2
1768 ft2
1999
Hot
1 of 32 135 S WILLIAMS ST
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Rent To Own
 
Single Family Home
Bellevue, MI 49021
3
4
2121 ft2
1900
1 of 2 400 LAKESHORE DR
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Rent To Own
 
Single Family Home
Grass Lake, MI 49240
2
1
1120 ft2
1950
819 VARDEN DR
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Rent To Own
 
Single Family Home
Jackson, MI 49202
4
1
1095 ft2
1950
Hot
403 REED ST
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Rent To Own
 
Single Family Home
Nashville, MI 49073
3
1
1494 ft2
1900
1 of 2 9009 McCain Road
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Rent To Own
 
Single Family Home
Parma, MI 49269
3
2
1152 ft2
1988
6749 KING RD
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Rent To Own
 
Single Family Home
Spring Arbor, MI 49283
3
1
1040 ft2
1950
4418 EUCALYPTUS WAY
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Rent To Own
 
Single Family Home
Pinckney, MI 48169
3
2
2124 ft2
2018
10375 PAGE AVE
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Rent To Own
 
Townhouse/Condo
Jackson, MI 49201
3
2
1496 ft2
2022
10001 E Goodall Road # 310
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Rent To Own
 
Single Family Home
Durand, MI 48429
1
1
700 ft2
1991
10001 E Goodall 310 Road
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Rent To Own
 
Single Family Home
Durand, MI 48429
1
1
700 ft2
1991
4553 CREEK VIEW CT
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Rent To Own
 
Single Family Home
Fenwick, MI 48834
3
2
1200 ft2
2023
Hot
225 GLENDALE AVE
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Rent To Own
 
Single Family Home
Battle Creek, MI 49017
2
1
912 ft2
1952
1 of 2 6181 RED MAPLE RD
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Rent To Own
 
Single Family Home
Battle Creek, MI 49014
3
2
1793 ft2
2022
1 of 7 2657 MORENO DR
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Auction
 
Single Family Home
Lansing, MI 48911
4
2
2185 ft2
1988
New
1 of 5 3505 W MICHIGAN AVE
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Auction
 
Single Family Home
Lansing, MI 48917
3
3
1461 ft2
1922
3909 N GRAND RIVER AVE
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Auction
 
Single Family Home
Lansing, MI 48906
2
1
864 ft2
2005
1 of 15 2807 W WILLOW ST
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Auction
Edgemont Park
Single Family Home
Lansing, MI 48917
3
1
912 ft2
1949
1 of 7 6043 SELFRIDGE BLVD
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Auction
 
Single Family Home
Lansing, MI 48911
3
2
1170 ft2
1950
1 of 5 3230 S DEERFIELD AVE
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Auction
 
Single Family Home
Lansing, MI 48911
3
2
1513 ft2
1937
1216 BOYNTON DR
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Auction
Edgemont Park
Single Family Home
Lansing, MI 48917
3
1
1008 ft2
1956
1 of 5 3853 WAVERLY HILLS RD
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Auction
 
Single Family Home
Lansing, MI 48917
3
2
1368 ft2
1960
1217 PORTER ST
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REO Foreclosure
Northtown
Single Family Home
Lansing, MI 48906
4
2
1496 ft2
1923
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Buying a Home in Lansing, MI

Lansing, MI is seeing rapid growth and Lansing, MI's' housing market remains optimal with an average home price that is -60% below the 2025 national average. Lansing, MI is part of Ingham 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 Ingham is 1.97% which is above the national average, which is 0.99%.

Median Home Price in Lansing, MI

Median Rent in Lansing, MI

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

Top Reasons to Live in Lansing MI

Housing Statistics The average price per square foot in Lansing is $83, which shows a steady increase of 5.1 precent in comparison to the same period last year. The median sales price for the homes from May 13 to July 13 was $76,500-a statistic approximated based on 453 individual sales. The median sales price has also increased since last year, showing a 14.2 percent rise, which translates as $9,500. Within Lansing, the amount of sales has dropped by 33.3 percent. At the moment, there are a total of 1,304 homes available, both resale and new. This includes 877 houses either in pre-foreclosure, the auction-stage or bank owned. Homes are also available for rent to own. 10.58 percent of the homes within Lansing are currently vacant.

Largest Employers and Industries In Lansing, the state government is responsible for the highest percentage of employment. Services, retail, education, and transportation product manufacturing comprise the bulk of the economy for the Lansing metropolitan area. Within the services sector, healthcare is the biggest employer, with business services coming in second and trade associations third. Education is a major player-The Michigan State University alone generates revenues of over $1.6 billion. There are a plethora of insurance companies, such as Sparrow Health System, in and around Lansing that hold corporate offices in the city or are headquartered there.

Outdoors Activities Lansing has many outdoor activities for you to enjoy. Michigan State University offers locals and visitors a range of sightseeing services. The W.J Beal Botanical Gardens, known to be the oldest botanical garden in the state, is one of the most popular sightseeing destinations. Visitors are blown away by the thousands of different species of plant. The university also opens up its planetarium, the Abrams Planetarium, and all interested can enjoy the enormous space theater and exhibition area. Potter Park Zoo is another great place to get the most out of the outdoors. This zoo provides a glimpse into the lives of over 100 different species of animal. Lansing residents have access to 3000 acres of woods and marshland, due to the city's close proximity with The Rose Lake Wildlife Research Station. Here, anyone eager can enjoy a range of hiking trails open to the public.

Weather and Climate Lansing is found on the Grand River as it turns onto the Red Cedar, and because of this the climate likes to alternate between continental and semi-marine. This means that Lansing gets very cold during the winter--on average, there are over ten nights when temperatures will drop below 0 degrees F--and very hot in the summer--on average, there are eight days when the temperature will rise above 90 degrees F. The area averages 49 inches of snow each year and also experiences tornadoes and thunderstorms from time to time.

Local Shopping The Lansing Mall is known as the biggest and most popular shopping mall in the area. This mall boasts over 125 stores and food outlets. There is a large antiques store in Lansing called the Mega Mall, holding thousands of antique collectibles in a total of 40,000 square feet. When near Michigan State University, shoppers will notice an influx of student-specialized stores. East Lansing is filled to the brim with quirky restaurants, used record stores, and bookstores. Found right on the corner of Cedar Street, Lansing City Market is a local favorite. This bustling market has been selling fresh fruit and vegetables since 1909.