Rent to own Homes in Cleveland, MN

Cleveland, MN is a great place for affordable rent-to-own homes! With a median household income of over $74,063 and a median rent of $639, the Cleveland, MN 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 Cleveland, MN. 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 Cleveland, MN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 69 119 BRUSH ST
Rent To Own
 
Single Family Home
Norwood Young America, MN 55368
4
2
2506 ft2
1925
201 5TH ST
Rent to Own Eligible
 
Single Family Home
Cleveland, MN 56017
3
1
1336 ft2
1977
26836 SIOUX TRL
Rent to Own Eligible
 
Single Family Home
Madison Lake, MN 56063
2
1
912 ft2
1987
43728 GOLF COURSE RD
Rent to Own Eligible
 
Single Family Home
Saint Peter, MN 56082
3
3
2300 ft2
1964
New
24352 474TH LN
Rent to Own Eligible
 
Single Family Home
Elysian, MN 56028
5
4
3840 ft2
2007
36025 311TH AVE
Rent to Own Eligible
 
Single Family Home
Le Sueur, MN 56058
4
2
1656 ft2
1987
7021 DA MAR EST
Rent to Own Eligible
 
Single Family Home
Saint Peter, MN 56082
3
2
1809 ft2
1900
412 NICHOLS CT
Rent to Own Eligible
 
Single Family Home
Saint Peter, MN 56082
3
2
1036 ft2
1981
New
1 of 21 610 TOMAHAWK CT
Rent to Own Eligible
 
Townhouse/Condo
Madison Lake, MN 56063
3
3
2200 ft2
2014
402 S 4TH ST
Rent to Own Eligible
 
Single Family Home
Saint Peter, MN 56082
5
3
3584 ft2
1875
660 TOMAHAWK CT
Rent to Own Eligible
 
Townhouse/Condo
Madison Lake, MN 56063
3
3
1282 ft2
2022
1 of 46 1051 SAKATAH CT
Rent to Own Eligible
 
Townhouse/Condo
Madison Lake, MN 56063
3
3
1355 ft2
2017
1 of 6 1708 RIGGS RD
Rent to Own Eligible
 
Single Family Home
Saint Peter, MN 56082
5
3
4004 ft2
1999
949 POINT PLEASANT RD
Rent to Own Eligible
 
Single Family Home
Madison Lake, MN 56063
4
3
1670 ft2
2005
New
230 E PEARL ST
Rent to Own Eligible
 
Single Family Home
Kasota, MN 56050
2
1
1040 ft2
1900
1486 LEONARD ST
Rent to Own Eligible
 
Single Family Home
Saint Peter, MN 56082
4
3
1816 ft2
1979
1 of 24 1411 S WASHINGTON AVE
Rent to Own Eligible
 
Single Family Home
Saint Peter, MN 56082
3
2
3227 ft2
1959
New
228 INNER DR
Rent to Own Eligible
 
Single Family Home
Le Sueur, MN 56058
3
2
1597 ft2
1967
1 of 23 1237 W MENK DR
Rent to Own Eligible
 
Single Family Home
Saint Peter, MN 56082
4
2
1169 ft2
2004
429 S 2ND ST
Rent to Own Eligible
 
Single Family Home
Le Sueur, MN 56058
3
2
1163 ft2
1905
New
105 OLYMPIC CT
Rent to Own Eligible
Trail Creek
Single Family Home
Mankato, MN 56001
2
1
1048 ft2
2006
308 FALCON RUN
Rent to Own Eligible
 
Single Family Home
Eagle Lake, MN 56024
3
3
1466 ft2
2022
148 FAIRWAY DR
Rent to Own Eligible
Country Club Park
Single Family Home
Mankato, MN 56001
4
4
2134 ft2
1995
820 PINNACLE PATH
Rent to Own Eligible
Country Club Park
Townhouse/Condo
Mankato, MN 56001
3
4
2076 ft2
2014
New
129 SHILOH CT
Rent to Own Eligible
Franklin Rodgers Park
Townhouse/Condo
Mankato, MN 56001
3
3
2253 ft2
2000
46828 381ST AVE
Rent to Own Eligible
 
Single Family Home
Saint Peter, MN 56082
3
1
1140 ft2
1958
3110 PRAIRIE ROSE DR
Rent to Own Eligible
Thomas Park
Townhouse/Condo
Mankato, MN 56001
3
2
1590 ft2
2019
2725 E MAIN ST
Rent to Own Eligible
Peacepipe Park
Single Family Home
Mankato, MN 56001
4
2
960 ft2
1968
New
1519 N BROAD ST
Rent to Own Eligible
Tourtellotte Park
Single Family Home
Mankato, MN 56001
4
1
2116 ft2
1922
1946 3RD AVE
Rent to Own Eligible
The Prairie
Single Family Home
Mankato, MN 56001
5
2
2256 ft2
1861
403 FONTAINE TRL
Rent to Own Eligible
Tourtellotte Park
Townhouse/Condo
Mankato, MN 56001
3
2
1980 ft2
2021
1213 N 4TH ST
Rent to Own Eligible
Tourtellotte Park
Single Family Home
Mankato, MN 56001
4
2
1471 ft2
1918
310 FONTAINE TRL
Rent to Own Eligible
Tourtellotte Park
Townhouse/Condo
Mankato, MN 56001
3
3
1980 ft2
2022
1 of 34 109 S PLAINVIEW AVE
Rent to Own Eligible
Peacepipe Park
Single Family Home
Mankato, MN 56001
4
2
1728 ft2
1959
309 DANCING WATERS CIR
Rent to Own Eligible
Thomas Park
Single Family Home
Mankato, MN 56001
3
2
1718 ft2
2016
616 N 5TH ST
Rent to Own Eligible
Washington Park
Single Family Home
Mankato, MN 56001
4
2
1392 ft2
1923
New
323 E ROCK ST
Rent to Own Eligible
Washington Park
Single Family Home
Mankato, MN 56001
3
2
1134 ft2
1886
1 of 33 220 CARDINAL DR
Rent to Own Eligible
White Oaks Park
Single Family Home
Mankato, MN 56001
5
4
2188 ft2
1999
New
1 of 46 520 E MULBERRY ST
Rent to Own Eligible
Washington Park
Single Family Home
Mankato, MN 56001
4
2
1820 ft2
1861
New
925 TRANQUILITY PATH
Rent to Own Eligible
Alexander Park
Townhouse/Condo
Mankato, MN 56001
2
3
1954 ft2
2022
316 HARRISON AVE
Rent to Own Eligible
North Mankato
Single Family Home
North Mankato, MN 56003
3
3
1513 ft2
1951
New
411 JEFFERSON AVE
Rent to Own Eligible
North Mankato
Single Family Home
North Mankato, MN 56003
4
2
1040 ft2
1951
New
2060 HOWARD DR
Rent to Own Eligible
North Mankato
Single Family Home
North Mankato, MN 56003
5
4
1568 ft2
2002
1 of 22 626 S 2ND ST
Rent to Own Eligible
Liberty Park
Single Family Home
Mankato, MN 56001
3
1
3354 ft2
1871
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Buying a Home in Cleveland, MN

Cleveland, MN is seeing rapid growth and Cleveland, MN's' housing market remains optimal with an average home price that is -25% below the 2024 national average. Cleveland, MN is part of Le Sueur 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 Le Sueur is 0.86% which is below the national average, which is 0.99%.

Median Home Price in Cleveland, MN

Median Rent in Cleveland, MN

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