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 300 Warren, MI rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 44 of 300
13057 PROSPECT AVE
2 Beds, 1 Bath
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
900 Sqft | Built in 1952
11092 PACKARD AVE
2 Beds, 1 Bath
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
850 Sqft | Built in 1951
8685 FORD AVE
3 Beds, 1 Bath
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
1,200 Sqft | Built in 1948
204 W BRENTWOOD ST
3 Beds, 1 Bath
Rent To Own
State Fair-Nolan
Single Family Home
Highland Park, MI 48203
1,056 Sqft | Built in 1951
502 ALBANY ST
3 Beds, 1 Bath
Rent To Own
Downtown Ferndale
Single Family Home
Ferndale, MI 48220
1,150 Sqft | Built in 1928
15484 NORTHLAWN ST
3 Beds, 1 Bath
Rent To Own
Harmony Village
Single Family Home
Detroit, MI 48238
1,243 Sqft | Built in 1926
8900 E Jefferson Ave APT 718
1 Bed, 1 Bath
Rent To Own
Belle Isle
Single Family Home
Detroit, MI 48214
600 Sqft | Built in 1966
14050 MANHATTAN ST
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Oak Park, MI 48237
1,061 Sqft | Built in 1949
Rent to own homes offer low monthly payments and flexible terms
1002 MAHAFFEY AVE
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Rochester, MI 48307
1,017 Sqft | Built in 1958
7274 Lamphere St
2 Beds, 1 Bath
Rent To Own
Cody-Rouge
Single Family Home
Detroit, MI 48239
748 Sqft | Built in 1949
Hot
13518 POPLAR ST
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Southgate, MI 48195
660 Sqft | Built in 1949
25404 HANOVER ST
2 Beds, 3 Baths
Rent To Own
 
Single Family Home
Dearborn Heights, MI 48125
1,344 Sqft | Built in 1940
20592 MAPLEWOOD ST
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Riverview, MI 48193
2,472 Sqft | Built in 1974
Hot
1 of 14 525 MALONEY ST
3 Beds, 3 Baths
Rent To Own
 
Single Family Home
Oxford, MI 48371
2,519 Sqft | Built in 1977
42260 FIVE MILE RD
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Plymouth, MI 48170
2,414 Sqft | Built in 2014
1442 RILEY CENTER RD
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Riley, MI 48041
1,853 Sqft | Built in 1991
3680 ALLEN RD
4 Beds, 4 Baths
Rent To Own
 
Single Family Home
Ortonville, MI 48462
4,400 Sqft | Built in 1991
51319 GEDDES RD
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Canton, MI 48188
823 Sqft | Built in 1937
4652 ALLORE RD
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Newport, MI 48166
816 Sqft | Built in 1950
1 of 18 27501 MILTON AVE
3 Beds, 2 Baths
Rent To Own
Northwest Warren
Single Family Home
Warren, MI 48092
1,362 Sqft | Built in 1950
1 of 12 8291 FRANCINE ST
3 Beds, 2 Baths
Rent To Own
Northeast Warren
Single Family Home
Warren, MI 48093
1,056 Sqft | Built in 1956
23329 WILLARD AVE
3 Beds, 2 Baths
Rent To Own
Southeast Warren
Single Family Home
Warren, MI 48089
1,170 Sqft | Built in 1938
1 of 22 5121 HAWKSEYE TRCE
2 Beds, 3 Baths
Rent To Own
Northwest Warren
Townhouse/Condo
Warren, MI 48092
1,576 Sqft | Built in 2018
1 of 41 3985 ELVERA LN
2 Beds, 2 Baths
Rent To Own
Northwest Warren
Townhouse/Condo
Warren, MI 48092
1,222 Sqft | Built in 2002
1 of 10 29278 HOOVER RD
2 Beds, 1.5 Bath
Rent To Own
Northeast Warren
Townhouse/Condo
Warren, MI 48093
973 Sqft | Built in 1965
1 of 7 30997 BOEWE DR
3 Beds, 1.5 Bath
Rent To Own
Northwest Warren
Single Family Home
Warren, MI 48092
1,340 Sqft | Built in 1964
1 of 10 29895 foxrun circle
3 Beds, 2 Baths
Rent To Own
Northwest Warren
Multifamily (2 - 4 Units)
Warren, MI 48092
1,511 Sqft | Built in 2013
1 of 10 31340 Lyons Cirlce E
3 Beds, 1.5 Bath
Rent To Own
Northwest Warren
Multifamily (2 - 4 Units)
Warren, MI 48092
1,075 Sqft | Built in 1955
1 of 14 14515 ROSSINI DR
3 Beds, 1.5 Bath
Rent To Own
Osborn
Single Family Home
Detroit, MI 48205
1,300 Sqft | Built in 1941
Hot
1 of 14 19229 PELKEY ST
4 Beds, 1 Bath
Rent To Own
Osborn
Single Family Home
Detroit, MI 48205
1,165 Sqft | Built in 1946
Hot
1 of 14 19144 VERONA ST
3 Beds, 1.5 Bath
Rent To Own
Osborn
Single Family Home
Detroit, MI 48205
1,000 Sqft | Built in 1947
1 of 15 19129 STRASBURG ST
3 Beds, 1 Bath
Rent To Own
Osborn
Single Family Home
Detroit, MI 48205
1,000 Sqft | Built in 1946
Hot
1 of 16 15225 FORDHAM ST
4 Beds, 1.5 Bath
Rent To Own
Burbank
Single Family Home
Detroit, MI 48205
1,500 Sqft | Built in 1950
Hot
1 of 31 35128 BRIGHTON DR
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Sterling Heights, MI 48310
1,920 Sqft | Built in 1989
1 of 12 8825 SUNRISE DR
3 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
Sterling Heights, MI 48312
840 Sqft | Built in 1973
1 of 15 18686 FAIRPORT ST
3 Beds, 1 Bath
Rent To Own
Osborn
Single Family Home
Detroit, MI 48205
1,100 Sqft | Built in 1941
11866 LAING ST
3 Beds, 1 Bath
Rent To Own
Denby
Single Family Home
Detroit, MI 48224
857 Sqft | Built in 1942
1 of 11 2717 ROUNDTREE DR
2 Beds, 1 Bath
Rent To Own
 
Townhouse/Condo
Troy, MI 48083
937 Sqft | Built in 1973
21474 KELLY RD
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Eastpointe, MI 48021
1,436 Sqft | Built in 1940
Hot
1 of 18 18338 BITTERSWEET
4 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Fraser, MI 48026
1,924 Sqft | Built in 1971
3452 PIPERS GLEN DR
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Sterling Heights, MI 48310
2,261 Sqft | Built in 1986
1 of 15 2237 PURCELL DR
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Sterling Heights, MI 48310
1,609 Sqft | Built in 1977
1 of 23 131 N VERMONT AVE
4 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Royal Oak, MI 48067
1,275 Sqft | Built in 1948
1 of 7 19536 RIDGEMONT ST
2 Beds, 1.5 Bath
Rent To Own
 
Townhouse/Condo
Saint Clair Shores, MI 48080
1,114 Sqft | Built in 1973
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Popular Zip Codes in Warren, MI

48090 rent to own homes

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 -100% below the 2022 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 2022 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.

Warren, MI Frequently Asked Questions

Warren, MI has a walk score of

Warren, MI has a bike score of

The state tax rate is 4.25% on top of the federal tax rate of 10 to 37%.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Some data might be from tax-rates.org
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