Rent to own Homes in Warren, MI

About four miles west of Lake St. Clair, you'll find Warren, which is Michigan's third largest city and the largest of Detroit's suburbs. The area, which was first settled in 1830, enjoys a number of recognized historical landmarks, including the Detroit Arsenal Tank Plant. The city is also where rapper Eminem went to high school.

Warren, MI is a great place for affordable rent-to-own homes! With a median household income of over $51,796 and a median rent of $962, the Warren, 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 Warren, 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 Warren, MI rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
13057 PROSPECT AVE
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
2
1
900 ft2
1952
8685 FORD AVE
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
3
1
1200 ft2
1948
11092 PACKARD AVE
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
2
1
850 ft2
1951
204 W BRENTWOOD ST
Rent To Own
State Fair-Nolan
Single Family Home
Highland Park, MI 48203
3
1
1056 ft2
1951
15484 NORTHLAWN ST
Rent To Own
Harmony Village
Single Family Home
Detroit, MI 48238
3
1
1243 ft2
1926
8900 E Jefferson Ave APT 718
Rent To Own
Belle Isle
Single Family Home
Detroit, MI 48214
1
1
600 ft2
1966
14050 MANHATTAN ST
Rent To Own
 
Single Family Home
Oak Park, MI 48237
3
2
1061 ft2
1949
24120 OXFORD ST
Rent To Own
 
Single Family Home
Clinton Township, MI 48036
3
3
1900 ft2
1953
1002 MAHAFFEY AVE
Rent To Own
 
Single Family Home
Rochester, MI 48307
3
2
1017 ft2
1958
26770 Joy Rd
Rent To Own
Jefferson
Townhouse/Condo
Redford, MI 48239
1
1
646 ft2
1966
Hot
13518 POPLAR ST
Rent To Own
 
Single Family Home
Southgate, MI 48195
2
1
660 ft2
1949
25404 HANOVER ST
Rent To Own
 
Single Family Home
Dearborn Heights, MI 48125
2
3
1344 ft2
1940
20592 MAPLEWOOD ST
Rent To Own
 
Single Family Home
Riverview, MI 48193
4
3
2472 ft2
1974
1375 RED BARN DR
Rent To Own
 
Single Family Home
Oxford, MI 48371
3
1
2028 ft2
1966
1 of 14 525 Maloney Street
Rent To Own
 
Multifamily (2 - 4 Units)
Oxford, MI 48371
3
3
2519 ft2
1977
42260 FIVE MILE RD
Rent To Own
 
Single Family Home
Plymouth, MI 48170
4
3
2414 ft2
2014
1442 RILEY CENTER RD
Rent To Own
 
Single Family Home
Riley, MI 48041
3
2
1853 ft2
1991
3680 ALLEN RD
Rent To Own
 
Single Family Home
Ortonville, MI 48462
4
4
4400 ft2
1991
51319 GEDDES RD
Rent To Own
 
Single Family Home
Canton, MI 48188
2
1
823 ft2
1937
4652 ALLORE RD
Rent To Own
 
Single Family Home
Newport, MI 48166
2
1
816 ft2
1950
20493 CARRIE ST
Rent To Own
Pershing
Single Family Home
Detroit, MI 48234
2
1
576 ft2
1918
23329 WILLARD AVE
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
3
2
1170 ft2
1938
1 of 7 30997 BOEWE DR
Rent To Own
Northwest Warren
Single Family Home
Warren, MI 48092
3
2
1340 ft2
1964
Hot
1 of 18 27501 MILTON AVE
Rent To Own
Northwest Warren
Single Family Home
Warren, MI 48092
3
2
1362 ft2
1950
Hot
1 of 12 8291 FRANCINE ST
Rent To Own
Northeast Warren
Single Family Home
Warren, MI 48093
3
2
1056 ft2
1956
1 of 10 31340 Lyons Cirlce E
Rent To Own
Northwest Warren
Multifamily (2 - 4 Units)
Warren, MI 48092
3
2
1075 ft2
1955
1 of 10 29895 foxrun circle
Rent To Own
Northwest Warren
Multifamily (2 - 4 Units)
Warren, MI 48092
3
2
1511 ft2
2013
1 of 22 5121 HAWKSEYE TRCE
Rent To Own
Northwest Warren
Townhouse/Condo
Warren, MI 48092
2
3
1576 ft2
2018
Hot
1 of 10 29278 HOOVER RD
Rent To Own
Northeast Warren
Townhouse/Condo
Warren, MI 48093
2
2
973 ft2
1965
21427 EASTWOOD BLVD
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
3
1
800 ft2
1952
1 of 41 3985 ELVERA LN
Rent To Own
Northwest Warren
Townhouse/Condo
Warren, MI 48092
2
2
1222 ft2
2002
1 of 14 14515 ROSSINI DR
Rent To Own
Osborn
Single Family Home
Detroit, MI 48205
3
2
1300 ft2
1941
1 of 14 19229 PELKEY ST
Rent To Own
Osborn
Single Family Home
Detroit, MI 48205
4
1
1165 ft2
1946
1 of 14 19144 VERONA ST
Rent To Own
Osborn
Single Family Home
Detroit, MI 48205
3
2
1000 ft2
1947
Hot
1 of 15 19129 STRASBURG ST
Rent To Own
Osborn
Single Family Home
Detroit, MI 48205
3
1
1000 ft2
1946
1 of 16 15225 FORDHAM ST
Rent To Own
Burbank
Single Family Home
Detroit, MI 48205
4
2
1500 ft2
1950
Hot
1 of 31 35128 BRIGHTON DR
Rent To Own
 
Single Family Home
Sterling Heights, MI 48310
4
3
1920 ft2
1989
1 of 12 8825 SUNRISE DR
Rent To Own
 
Townhouse/Condo
Sterling Heights, MI 48312
3
2
840 ft2
1973
Hot
1 of 15 18686 FAIRPORT ST
Rent To Own
Osborn
Single Family Home
Detroit, MI 48205
3
1
1100 ft2
1941
Hot
13991 ALMA ST
Rent To Own
Burbank
Single Family Home
Detroit, MI 48205
4
1
1327 ft2
1929
11866 LAING ST
Rent To Own
Denby
Single Family Home
Detroit, MI 48224
3
1
857 ft2
1942
1 of 26 11805 KENMOOR ST
Rent To Own
Conner
Single Family Home
Detroit, MI 48205
3
2
1350 ft2
1930
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Buying a Home in Warren, MI

Warren, MI is seeing rapid growth and Warren, MI's' housing market remains optimal with an average home price that is -39% below the 2024 national average. Warren, MI is part of Macomb 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 Macomb is 1.74% which is above the national average, which is 0.99%.

Median Home Price in Warren, MI

Median Rent in Warren, MI

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

Top Reasons to Live in Warren MI

Housing Statistics Warren has a relatively low annual residential turnover rate (9 percent) and a low vacancy rate (7.5 percent), which can make finding a place to live more difficult or purchasing rent to own houses pricier here than elsewhere. Despite the low number of houses available, median and average sales price have remained stable over the past year, at $73,000 and $78,000. Of the residential properties that are occupied, 66 percent of homes are owned and 27 percent are rented (including rent to own homes).

Nightlife A night spent at Kuhnhenn Brewing is a guaranteed good time for most of the people living in Warren. The beer might be pricey, but the high quality of these craft beers and the fun and friendly atmosphere created by the live music makes it all worth it. Is it the best beer in town? That'll be up for debate as long as Schornat's Basement Bar and Beer are in business. Meanwhile, karaoke fans can head to Tipsy McStaggers to show off their pipes and enjoy cheap drinks.

Local Restaurants Warren has many restaurants, serving everything from Chinese and Mexican to Indian and Thai. The Italian fare available at Andiamo Italia on 14 Mile Rd is delicious, as are the kabobs at Oasis Mediterranean Cuisine. For a great brunch experience, head to Michelle's Restaurant for a scrumptious breakfast buffet.

Transportation and Commutes There isn't much public transportation in Warren so having a car here is essential. The average commute to work takes about 26 minutes, which just so happens to be the national average. Roughly 9 percent of people carpool to work, with the remaining 91 percent driving alone. Interstate 696 runs horizontally through the middle of Warren; traveling east it joins Interstate 94, while going west brings you to Interstate 75, taking you into Detroit. The famous 8 Mile Road, the namesake of Eminem's pseudo-biopic, runs along the south of the city's border.

School System No matter where you send your kids to school, they'll be well taken care of. All of the public schools in the area are very highly rated, including Fitzgerald Public Schools, Van Dyke Public Schools and Warren Woods Public School. A further three school districts - Center Line Public Schools, East Detroit Public Schools and Warren Consolidated Schools - oversee schools in Sterling Heights, Troy and Eastpointe as well as Warren. Five secondary schools serve Warren while another two, Center Line High School and East Detroit High School, also take students from the city. If you're looking to privately educate your children though, you have just one choice - De La Salle Collegiate High School for boys and Regina High School for girls.